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.
The largest of the Internet-based firms is Quicken Loans. These days, the Detroit-based lender isnât exactly operating in a niche market. The company, which closed roughly $80 billion of home loans in 2013, claims itâs the second-largest retail mortgage lender in the country.