July 2, 2024
Mortgage

Guaranteed Rate announces its rebrand to ‘Rate’

Chicago-based Guaranteed Rate, one of the country’s largest mortgage lenders, has rebranded to Rate. The company made the announcement Monday on social media. “Today, we’re rebranding as Rate,” the company posted on LinkedIn. “Just like our streamlined name, we’re committed to making the mortgage process smoother, faster and smarter, using AI to empower both customers

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Mortgage

Mortgage company Guaranteed Rate is changing its name

Chicago-based mortgage company Guaranteed Rate is changing its name to Rate, according to company communications reviewed by the Tribune. Victor Ciardelli, the president, CEO and founder of Guaranteed Rate, told employees in a May 28 company call that the name change would take place within the next 60 to 90 days but could be earlier

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Mortgage

Former Guaranteed Rate employees allege toxic workplace

Victor Ciardelli beamed as his mortgage company, Chicago-based Guaranteed Rate, launched a “financial wellness” and “personal well-being” app last fall before a live audience in Times Square with wellness celebrity Deepak Chopra. “Something we are passionate about at Guaranteed Rate is caring about people and their overall well-being,” Ciardelli said in a video of the

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Mortgage

Guaranteed Rate wants to build a bridge between reverse and forward mortgage channels

Referral partnership cultivation During a session at The Gathering by HousingWire, Pohlmann mentioned an initiative that the company will pursue related to bringing more financial advisers into contact with the company’s reverse mortgage professionals. This is something Ogata is keen to develop further, he explained. Ryan Ogata “When I think about the reverse opportunity, I’m

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Loans

Best FHA lenders of June 2024

If it weren’t for loans backed by the Federal Housing Administration (FHA), it’s likely that thousands upon thousands of people wouldn’t have been able to afford to buy their first home. Over the past 90 years, FHA-insured mortgages have enabled lenders to accommodate underserved households. Yahoo Finance has researched lenders offering FHA loans, examined the

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Mortgage

One year after expansion, Guaranteed Rate remains bullish on reverse mortgages

Increased adoption When asked about how reverse mortgage business is going in the first half of the year, Ogata said that he’s happy with the division’s performance and its ability to enlist the company’s forward mortgage professionals to take a closer look at reverse. Ryan Ogata “I’d say in the last two or three months

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Loans

New American Funding onboards top Chicago loan officer 

New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. Steinway, who closed more than $1.5 billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding

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