Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. (DKMC) are not transitioning to the company’s acquirer, New American Funding (NAF), according to multiple sources and available public data.During their departure, DKMC sales staff who are not joining NAF were inform

Fairway Independent Mortgage Corp., the nation’s ninth-largest mortgage originator, announced Friday that it would be closing its wholesale channel and pivoting entirely to retail. “The people who have run Fairway’s Wholesale Department are some of the most talented, humble people in the business an

Retired couples who are Medicare beneficiaries could need as much as $413,000 saved to cover medical expenses in the latter stages of life, an increase over the previous year’s estimate of $383,000. This is according to new findings from the Employee Benefit Research Institute (EBRI).The figure is t

The U.S. economy added significantly more jobs than expected during the first month of the year. Jobs increased by 353,000 in January, up from a revised rate of 333,000 in December, according to data released by the Bureau of Labor Statistics on Friday. January’s reading far exceeded the monthly ave