Rate

Rate brings on Arizona-based LO Kelsey Marquardt

Rate has added Scottsdale, Arizona-based loan originator Kelsey Marquardt to the company, the Chicago-based national mortgage lender announced Friday, as competition for high-producing loan officers continues across the mortgage industry. Marquardt, who has generated more than $85 million in loan production, joins Rate after a three-month stint at Universal Lending Corp. She previously built her […]

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Marty Preston moves to Rate to run profit and loss platform

Former Benchmark retail president Marty Preston has joined Rate’s profit and loss platform after evaluating more than 20 lenders, the company announced on Tuesday. Preston moves to Rate from Benchmark, where he most recently served as president of retail and division president. At Benchmark, he grew his production team from about $200 million to more

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HousingWire Mortgage Rankings: Rocket leads 2025 top originators

Shant Banosian doesn’t believe that retail mortgage lenders are at a cost disadvantage when pitted head-to-head against wholesale competitors. Banosian, the Massachusetts-based originator and president of Chicago-based Rate, pointed to data showing that independent mortgage banks (IMBs) and their retail-heavy presence are responsible for 84% of single-family mortgages in the U.S. Although wholesale lenders do

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Citywide Home Mortgage promotes Robert Coomer to chief growth officer

Citywide Home Mortgage, an affiliate of top-10 U.S. mortgage lender Rate, has promoted Robert Coomer to chief growth officer, tasking the veteran executive with accelerating the lender’s national expansion and branch partnership model. Coomer joined Citywide in April 2024 as executive vice president and director of sales strategy and growth, according to a company press

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Rate adds seven former Movement Mortgage loan officers

Rate announced Thursday that it added seven loan officers from Movement Mortgage in December 2025, a move the Chicago-headquartered Rate characterized as a “significant wave of competitive talent acquisition momentum to close out the year.” The loan officers who joined Rate are Gabriel Carter of Santa Barbara, California; Alexandra Hunt of Tampa, Florida; James Golotko

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Rate partners with Alianza to expand bilingual mortgage education

Rate and Alianza have entered a multi-year collaboration that names Rate the official mortgage lending partner of Alianza, a grassroots soccer platform serving Latino communities across the United States. The agreement follows a pilot partnership in 2025 and will run through the 2026 and 2027 seasons, a release from Rate confirmed. Activations are planned across

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Guaranteed Rate Affinity promotes Lacey Sullivan

Guaranteed Rate Affinity promotes Lacey Sullivan

Guaranteed Rate Affinity, a joint venture between Guaranteed Rate Inc. and Anywhere Integrated Services, announced Thursday that it has promoted Lacey Sullivan to regional manager for Northern California. In the role, Sullivan is tasked with overseeing the region’s leadership team, guiding growth initiatives, support for recruiting and development efforts, and leading engagement with Anywhere brand Coldwell Banker. In

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Chris Planto returns to Rate as VP of mortgage lending

Top-producing mortgage originator Chris Planto has rejoined Rate as vice president of mortgage lending in the Houston market. Planto returns to Rate from CrossCountry Mortgage, where he most recently served as a senior loan officer. “We are absolutely thrilled to welcome back Chris Planto to our Rate family,” said Todd Heaton, an executive vice president

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Compass-Anywhere deal brings $9B mortgage JVs under one roof

If Compass’s proposed acquisition of Anywhere Real Estate moves forward, the companies will jointly oversee a $9 billion-per-year mortgage operation in partnership with Rate — enough to make them the 26th-largest U.S. originator in the first half of 2025. On Monday, Compass and Anywhere announced a definitive all-stock merger agreement that values Anywhere at $10

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Mortgage demand dips over holiday but keeps yearly momentum

Mortgage applications decreased by 3.9% for the week ending May 30, according to data from the Mortgage Bankers Association (MBA). On an unadjusted basis, the index fell 15% during the week marked by the Memorial Day holiday. But economists and loan officers say the year-to-date landscape looks much better. “Mortgage applications decreased over the week,

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