Top tips for effective communication. Use clear language: Avoid jargon and tailor your language to your patientsâ understanding and information needs. Be conscious of your non-verbal communication: It is important to maintain eye contactâreading notes or looking at the computer screen may convey negative messages.
In June, Accredited Home Lenders asked to sell the mortgage servicing platform to Vericrest for $250,000. Vericrest is owned by private equity manager Lone Star Funds, which acquired Accredited Home Lenders in 2007 for $296 million. The deal was criticized by creditors, including JPMorgan Chase Bank NA and two structured investment vehicles owned by Kodiak Funding LP, which tried to block the sale.
HomeBridge Financial Services announced today the signing of an agreement to purchase the operating assets of Prospect Mortgage. The purchase will consist primarily of Prospectâs loan production platform, according to a news release. The purchase will make HomeBridge one of the largest non-bank mortgage lenders in the US, with about 900 originators in nearly 250 branches. HomeBridge will also continue to operate its two wholesale divisions, bringing its total up to more than 3,000 fulltime employees.