Mike Suits Authors Article in National Mortgage Professional Magazine

without comments

360 Mortgage Group, LLC Reverse Mortgage Division Manager Mike Suits wrote a bylined article titled “Stop Selling Reverse Mortgages: The Need to Be a True Consultant” for the most recent edition of National Mortgage Professional in which he discussed the role of loan originators in the reverse mortgage process. Originators, he argues, must “stop selling reverse mortgages and start consulting. The result will have you well-positioned to be the dominant provider in your market as the demographic wave propels reverse mortgage lending for the next two decades.”

The full article, found on page 46, can be viewed here.

Written by 360mtg

July 25th, 2014 at 1:04 pm

Posted in Uncategorized

360 Mortgage Group, LLC President Mark Greco Featured in Progress in Lending Executive Spotlight

without comments

360 Mortgage Group President Mark Greco was recently interviewed by Progress in Lending for its executive spotlight section. In the interview, Mr. Greco discusses 360 Mortgage Group’s entrance into reverse mortgage products and industry trends related to reverse mortgages.

Commenting on 360 Mortgage Group’s strategy, Mr. Greco says, “Management at 360 Mortgage Group understands that the reverse segment is an important solution, but an underserved part of the mortgage industry. We are confident that we can enter the marketplace with a level of service that would allow us to help consumers as well as have an immediate impact on our business and market share.”

The full Progress in Lending interview can be viewed here.

Written by 360mtg

June 11th, 2014 at 3:48 pm

Posted in Uncategorized

Special Pricing Offered by 360 Mortgage Group

without comments

As mentioned in Rob Chrisman’s daily email today, during the entire week of June 9th, 360 Mortgage Group is running a Friday the 13th pricing special for their wholesale/broker business channel. ANY conventional loan locked during the week of June 9th receives an additional 50bps above the published rate sheet price. The price adjustment is built in to the locking system so brokers will immediately see the results. The special expires with the close of business on Friday, June 13th. 360 offers the full suite of FHA, VA, USDA, Fannie Mae and Freddie Mac loan products including unlimited LTV HARP and no overlay standard conventional products.  Additionally they specialize in niche government ARM products which have no price adjustments and can be used on VA IRRRL and FHA Streamline transactions.

For more information please visit our website at www.360mtg.com or contact your Account Executive.

Written by 360mtg

June 9th, 2014 at 5:41 pm

Posted in Uncategorized

360 Mortgage Group Launches Reverse Mortgage Retail Branch Model

without comments

360 Mortgage Group, LLC (360 Mortgage Group) has announced its Reverse Mortgage Division will expand its production infrastructure by launching a retail branch model to support reverse mortgage production throughout the United States. This new retail branch model is the Reverse Division’s third production channel for the reverse mortgage market, and will supplement its wholesale and inside-direct sales channels.

As a first step in its national expansion plans, the Reverse Division has opened its first branch in Dallas, Texas and currently has additional retail branches pending in seven other states.

To lead this new venture, 360 Mortgage Group has named reverse industry veteran Nancy Pedone as National Reverse Branch Manager of its Reverse Division. In her new role, Ms. Pedone will focus on building out the reverse mortgage retail branch network throughout the country, and hiring high quality reverse mortgage area sales managers, branch managers, and retail loan officers and operations professionals.

360 Mortgage Group is currently licensed for reverse mortgage loans in 35 states and the District of Columbia.

For more information on 360 Mortgage’s Reverse Division or to contact Nancy Pedone please call (610) 496-9249 or email npedone@360mtg.com.

To view the full official release please click here.

Written by 360mtg

May 15th, 2014 at 5:18 pm

Posted in Uncategorized

Mike Suits Discusses Reverse Mortgages in National Mortgage News

without comments

360 Mortgage Group, LLC Reverse Mortgage Division Manager Mike Suits was quoted recently in a National Mortgage News article by Bonnie Sinnock titled, “Lenders Seek Niche in Reverse Mortgage for Empty Nesters.” Mr. Suits’ comments serve as the backbone for the article about the emergence of reverse mortgages for empty nesters, especially in key markets like Texas.

The full National Mortgage News story can be viewed here.

Written by 360mtg

May 1st, 2014 at 3:34 pm

Posted in Uncategorized

360 Mortgage Group, LLC Remains Committed to Wholesale

without comments

360 Mortgage Group, LLC (360 Mortgage Group) was mentioned in today’s daily email by Rob Chrisman relating to the company’s aggressive hiring that is currently underway in its wholesale channel.

Mr. Chrisman wrote, “360 Mortgage is immediately hiring elite wholesale Account Executives and continues to expand all facets of its business. ” As the industry’s service and technology leader, 360 continues to grow and has not down-sized a single operations employee in over two years. The company does not use multiple layers of management which clog up the communication process.  This means any employee has direct access to the executive team and company owners. 360 is one of the only lenders which doesn’t want to convert you from a broker to a branch.” 360 is also hiring underwriters with a specialty in 203k financing and manufactured housing.  If you are one of the elite then send resumes to resumes@360mtg.com; other current job postings can be seen here.”

360 Mortgage Group, LLC remains committed to the wholesale channel.

Written by 360mtg

April 28th, 2014 at 4:38 pm

Posted in Uncategorized

Industry Executive Mike Suits Tapped to Lead New Reverse Mortgage Division

without comments

360 Mortgage Group, LLC (360 Mortgage Group) is again taking advantage of growth opportunity by entering the reverse mortgage marketplace with the introduction of its Reverse Mortgage Division, 360 Mortgage Reverse.

The foundation of 360 Mortgage Reverse is an end-to-end reverse mortgage processing platform for mortgage brokers, third party originators, community banks and credit unions to originate reverse mortgage loans. This on-demand reverse mortgage processing platform, allows originators to scale capacity to market demands, increase profitability, remain fully compliant and continue to own the customer relationship.

To lead the new Division, 360 Mortgage Group has named Mike Suits as Manager of 360 Reverse Mortgage. Mr. Suits will be responsible for the Division’s management and growth, developing new lending relationships nationally, hiring and mentoring experience professionals and building brand reputation. Mr. Suits brings more than 12 years of retail and wholesale mortgage industry experience, the last seven focusing on the reverse mortgage industry.

Joining Mr. Suits at 360 Mortgage Reverse is a team of 16 experienced reverse mortgage professionals, including Processors – Kristin Yates and Kim Stripling; Underwriters – Mindy Brown and Michael Adler; Closing – Alex Padilla; Funding – Ruben Maltos; Trainer – Mickie Raquet; and Account Executives – Melissa Entin and Christopher Kerksieck, who have previously worked together with Mr. Suits.

360 Mortgage Group is currently licensed for reverse mortgage loans in 35 states and the District of Columbia.

For more information on 360 Mortgage Reverse, please contact Michael Suits at (512) 418-6011 or msuits@360mtg.com.

Written by 360mtg

April 11th, 2014 at 1:52 pm

Posted in Uncategorized

Andy Gottman Returns to 360 Mortgage Group as Correspondent Lending Division Sales Manager

without comments

360 Mortgage Group, LLC (360 Mortgage Group) is pleased to announce it has expanded its correspondent sales team by hiring Andy Gottman as the new Sales Manager in the Company’s Correspondent Lending Division. In his new role, Mr. Gottman will assume existing customer management and growth responsibility and develop new correspondent lending relationships nationally as well as build 360 Mortgage Group’s brand reputation within the correspondent lending channel.

Mr. Gottman, an 18 year mortgage industry veteran, rejoins 360 Mortgage Group from Pacific Union Financial, where he served as the Mountain Region Sales Manager. Previously, Mr. Gottman was a Senior Account Executive with 360 Mortgage Group, where he was named top producer in 2012 and funded $110 million in production volume. During his career, Mr. Gottman also held regional sales positions at Wells Fargo Wholesale Mortgage, Vertice, American Mortgage Network and HomeSide Lending.

Mr. Gottman can be reached at 512-418-6030 or agottman@360mtg.com.

Written by 360mtg

March 18th, 2014 at 3:11 pm

Posted in Uncategorized

Al Crisanty Quoted in National Mortgage News Story On HARP

without comments

360 Mortgage Group, LLC Vice President of National Production, Al Crisanty, was quoted recently in a National Mortgage News article titled, “Think Lending Is Tough Now? Wait Until HARP Is Gone.”

The full National Mortgage News story can be viewed here.


Written by 360mtg

March 17th, 2014 at 4:17 pm

Posted in Uncategorized

Al Crisanty’s Byline Supporting Mortgage Brokers Referenced in Origination News Story

without comments

Al Crisanty’s Byline Supporting Mortgage Brokers Referenced in Origination News Story

An excerpt from Al Crisanty’s latest byline titled “Relevance Renewed,” which was featured in National Mortgage News on January 27, 2014,  was highlighted in a recent story titled “Will Mortgage Brokers Gain or Lose from Shift to Purchase Market?” in Origination News. The article discussed the return of a purchase-lending market, and how/if this will help mortgage brokers’ increase their production market share.  Mr. Crisanty continues to believe that mortgage brokers will once again become a force in the market and have broad market visibility, as well as the ability to leverage the tremendous power of word of mouth and social media endorsements needed to satisfy consumers’ shopping predispositions and could reach a 20% market share by the end of 2014.

You can read the full article here.

Written by 360mtg

March 6th, 2014 at 5:18 pm

Posted in Uncategorized