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Princeton Mortgage’s Rich Weidel on why taking the right risks is key to surviving in the mortgage industry

Princeton Mortgage’s Rich Weidel on why taking the right risks is key to surviving in the mortgage industry

FromPower House


Princeton Mortgage’s Rich Weidel on why taking the right risks is key to surviving in the mortgage industry

FromPower House

ratings:
Length:
50 minutes
Released:
Jul 10, 2019
Format:
Podcast episode

Description

This week, Rich Weidel, the CEO of Princeton Mortgage, explains why accessing loan origination risks is essential to staying afloat in the mortgage industry. Additionally, Weidel touches base on the Chapter 11 bankruptcy filing of Stearns Holding (the parent company of Stearns Lending) and the U.S. closing of real estate company Purplebricks.Earlier this week, Stearns announced the company was launching a comprehensive financial restructuring plan to realign its business, and Purplebricks indicated it planned to refocus its growth efforts in the U.K. and Canada.
Released:
Jul 10, 2019
Format:
Podcast episode

Titles in the series (100)

The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire's news desk. Hosted by Clayton Collins and produced by Elissa Branch.