Blog Articles

March 2013 Issue – Article in HousingWire

Equity Prime’ Derek van Dam contributes to the March issue of HousingWire, explaining the misconceptions of adjustable rate mortgages (ARMs). Derek explains that lenders owe it to their borrowers to explain why ARMs are sometimes a viable option, and fixed-rate mortgages don’t fit every borrowers’ needs....Read More

03/08/2013 – Equity featured in Origination News

Today, there are many reasons why loan officers or independent mortgage brokers should consider joining a larger organization. However, the opposite trend is developing, as more and more branch managers are returning to being independent. Article details Equity Prime President Eddy Perez’s thoughts on why this trend is occurring and why more people are opening up new branch locations....Read More

February 2013 Issue – Equity featured in The MReport

The article details housing finance experts’ opinions on the regulations regarding loan officer (LO) compensation and how it’s affected their operations and compliance strategies. Equity Prime President Eddy Perez provided commentary on the new LO pay schedule and how the company has increased its compliance and recruiting staff to adapt to the changes....Read More

02/04/2013 – Article in The MReport

Equity Prime reported significant levels of growth in 2012 with more than a 50 percent increase in loan production, 17 new branch locations and an expansion in its Atlanta headquarters. Additionally, the lender welcomed several key additions to its executive team including Robert Oleynick as chief compliance officer, Walt Werchanowskyj as executive vice president of finance, David Abrahamson as senior vice president of operations and Mike Montanari as vice president of secondary marketing....Read More

02/01/2013 – Equity featured in National Mortgage News

Despite the debates over the qualified mortgage rule issued in January,National Mortgage News reports that the mortgage industry hired 29,000 individuals in 2012, which is an 11 percent increase from 2011. Equity Prime was a major contributor to the increase, welcoming 12 new hires in 2012 after a 50 percent increase in loan production....Read More