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Industry Watch: Fairway debuts YouTube documentary about originators and more

Fairway Independent Mortgage Corp. enlisted director Kirby Bradley, who has won 32 Emmy Awards helming shows at HBO, CNN and ESPN, to produce a multipart reality documentary series about mortgage originators. Titled “L.O. Confidential: A Season on the Street,” the three-part, behind-the-scenes series totaling 50 minutes is available on YouTube. The series goes behind the scenes with originators from Arizona, Texas and Indiana as they face a challenging market for mortgages.

ProMortgage announced its expansion into Sonoma County, California, with the opening of a new office in Santa Rosa. The company’s presence in Sonoma County aligns with its stated goal to establish a physical location in every Bay Area County by the end of 2024. The office is led by branch manager Kelly Gilligan.

Fathom Holdings announced a proposed primary and secondary offering of its common stock in an underwritten public offering. The company intends to use the net proceeds from the offering for general corporate purposes. Pricing of the offering of 3 million shares of its common stock, inclusive of 1 million secondary shares, is $2.00 per share. After the underwriting discount, the company expects to receive net proceeds of approximately $3.45 million, not including exercise of the overallotment option. The offering is expected to close on Dec. 5, 2023, subject to customary closing conditions.

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