Fairway offers health and wellness support amid crisis
Fairway Independent Mortgage Corporation is cranking up its commitment to staff wellness.
Fairway pledged to provide Cybex workout equipment employees can use in their homes, according to a press release issued yesterday by the company. While the company doesn’t specifically mention the coronavirus pandemic, social distancing or telecommuting, the timing is very auspicious.
This isn’t Fairways first wellness initiative. Prior measures include body scans, access to corporate gym facilities with personal physical training and emotional wellness resources.
The Madison, Wis., based full-service mortgage lender said it plans to continue to make employees’ overall wellness, cardiovascular health a priority throughout 2020.
“We know how important working out is for people’s health, especially cardiovascular workouts,” Steve Jacobson, founder and CEO of Fairway, stated in a release. The new wellness benefit will be part of Fairway’s “new normal,” he said.
Washington state real estate group acts to halt open houses to slow spread of coronavirus
The Seattle Times reports that Washington state’s Northwest Multiple Listing Service has disabled certain features in its online home listing database in order to help halt the spread of the coronavirus. The disabled features are those that brokers use to “input, search, or view … open house information,” according to an email sent to agents.
The Northwest Multiple Listing Service coordinates home buying activity in 23 Washington counties, including King, Pierce and Snohomish counties. The group also removed existing open house listings.
Even without open houses, Seattle real estate agents are optimistic. The article cites new research by Zillow, which suggests any real estate sales slowdowns that do occur may not last long. During pandemics, home sales activity tends to slow but prices remain stable and markets recover quickly, the Zillow report said. During the 2003 SARS epidemic, for instance, home prices in Hong Kong did not fall significantly. Sales volume, though, plunged by as much as 72% before returning to normal levels when the epidemic was contained.
Angel Oak names area manager to new West Palm Beach
Angel Oak Home Loans has named 20-year industry veteran, Todd Matthews as Area Manager of the newly opened West Palm Beach branch.
Mathews is in charge of recruiting loan officers for the new branch, manage new product demand and Angel Oak’s growth expectations for this year. In line with these goals, Matthews was added to the team following the recent hire of Ed Powell to lead Angel Oak’s new consumer direct division in Charlotte, North Carolina.
Matthews brings to the role decades of staff management experience throughout Florida, along with the ability to recruit and train high-level sales talent. He has a deep understanding of mortgage marketing, operations and secondary markets, according to a company release.
He started his career at Wells Fargo Home Mortgage as a Branch Manager in Florida, working his way up to Regional Program Manager. Along the way, he gained valuable insight into how loan officers become top performers, Angel Oak said. His focus always has been on coaching and mentoring loan officers.
The addition of Matthews supports Angel Oak’s commitment to further expand its market presence in 2020, said Mac Cregger, SVP Regional Manager of Angel Oak Home Loans. “We look forward to hiring more loan officers this year.”
Amilda is an experienced financial journalist and branding content strategist with a keen interest in how entrepreneurs turn brilliant ideas into products and services that help advance business acumen and improve people’s lives in unprecedented ways. She has covered the mortgage market for over 15 years.