The exec will be instrumental in expanding the NewDay team to 1,000
Two mortgage pros specializing in VA loans join the company
In a move to combat churn in VA mortgages, the company is restricting certain loans from its top-level securities
The deal opens new avenues of business for HSF
Fast prepayment speeds on VA loans – which GInnie Mae has been trying to combat – makes all government-backed mortgages more expensive, says the Urban Institute
Military member and veterans can choose and compare loans on the site
The company now has a total of $400m in warehouse commitments
The exec says the company's VA loan production is on an upward trajectory