OriginPoint adds $165M Halliday-Levin team to boost West Coast mortgage presence
Chicago-based mortgage lender OriginPoint has hired top-producing loan officers Erin Halliday and Jon Levin from New American Funding, where they operated as a high-volume production team.
The addition of the Halliday-Levin team to OriginPoint is a strategic move to bolster the company's presence on the West Coast. With $165 million in production, this team brings significant firepower to OriginPoint's mortgage operations. This expansion is likely a response to the growing demand for mortgage services in the region, driven by the ongoing housing market trends.
For the commercial real estate and leasing industry, this development is worth noting as it may have implications for property owners and investors seeking financing options. A stronger West Coast presence for OriginPoint could lead to increased competition in the mortgage market, potentially driving better rates and terms for borrowers. As the mortgage landscape continues to evolve, it's essential for industry players to stay informed about the shifting dynamics.
Looking ahead, it's crucial to watch how OriginPoint integrates the Halliday-Levin team and whether this acquisition leads to an increase in the company's market share. Additionally, industry observers should monitor the impact of this move on the broader mortgage market, particularly in terms of interest rates, loan terms, and the overall availability of credit for commercial and residential properties.
Originally reported by housingwire.com. LeaseNews adds analysis for real estate & property readers.