Business View Magazine May 2023

163 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 5 Just a year ago, rates sat at historically low levels and houses were flying off the market as soon as they were listed. Multiple offers on single properties, often at numbers well above the asking price were the norm. For Alex Rosenblum, CEO of Axia Home Loans, the market fluctuations over the last year coupled with the increasing rate environment can be viewed as a natural and inevitable leveling off of an extremely overheated market that would in time be unsustainable. After all, the housing market is cyclical not unlike other sectors. The fact remains that real estate, in Rosenblum’s view and among his mortgage peers, has always been, and will remain a wise investment, even in times of market volatility. For Axia Home Loans with Rosenblum at the helm, mortgage origination success has come easily and at a dizzying speed. Established in 2007 and despite an economic downturn in 2008, along with the AX IA HOME LOANS unknowns of a global pandemic, the path to its current position as a top 100 independent Mortgage bank has been a seamless one. With a wide range of mortgage options available and locations throughout the Western and Southwestern US and as far- reaching as Florida, Axia Home Loans has established itself as a major player in the competitive mortgage playing field. “We lend across 46 states and have 150 loan officers,” Rosenblum states. “In addition to our retail footprint, we also have a wholesale channel under the name Unified Reliance Wholesale, based in Southern California as well, where we service our broker partners. “In terms of volume, we originate between a billion and a half and 3 billion a year in loans,” he continues. “That equates to about 4,000 to 8,000 units a year.” Although cognizant of the changing housing market conditions, Rosenblum has focused more on what Axia Home Loans can do to increase productivity and ride out the T H E WA Y F O R WA R D . Mortgage Insurance provided by Essent Guaranty, Inc. © 2023 Essent Guaranty, Inc., All rights reserved. Two Radnor Corporate Center, 100 Matsonford Road, Radnor, PA 19087 essent.us EXPERIENCE THE ESSENTEDGE DIFFERENCE. Our powerful risk-based pricing engine leverages advanced analytics, proprietary risk metrics and cloud-based machine learning to deliver more precise MI pricing. Learn more at essent.us/edge. Have a question about EssentEDGE? I can help. Jeannine Sprague Account Manager Western WA jeannine.sprague@essent.us 206.419.4490