Remove 2012 Remove Clients Remove Development Remove Training
article thumbnail

Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

In 2012, Dmitry Godin was seemingly on top of the world. The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5

Mortgage 338
article thumbnail

HUD goes after defunct mortgage modification firm

Housing Wire

Department of Housing and Urban Development (HUD) charged a now-defunct California business for allegedly targeting Hispanic homeowners with illegal and discriminatory mortgage modification services. ” The complaint alleges THL charged charged client fees of approximately $3,500, which were typically paid before they completed the work.

Mortgage 263
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Savvy real estate agents look beyond ChatGPT

Housing Wire

The history of AI and where it is going The Turing Test was developed by Alan Turing in 1950. It re-emerged in the AI scene in October 2012. A functioning neural network was viewed as the pathway to develop AI capable of learning anything a human could, and perhaps becoming more intelligent than humans. What is next?

article thumbnail

With mortgage rates on the rise, here are some products originators should tap into

Housing Wire

Available to clients aged 55 and older (in select states), this product allows eligible homeowners to tap into more of their home equity sooner rather than later with lower upfront costs. Both programs can also be used as a home financing solution that allows older clients to purchase a new home that will better fit their lifestyle.

Mortgage 351
article thumbnail

Amy Wallick Sworn in by Massachusetts Association of REALTORS® as 2024 President

Lamacchia Realty

To learn more about Amy, click HERE Her history of service includes: STATE ASSOCIATION MAR EXECUTIVE COMMITTEE: 2016, 2017, 2018, 2020, 2021, 2022 MAR DIRECTOR AT LARGE: 2018, 2019, 2020 NORTHERN REGION VICE PRESIDENT: 2016, 2017, 2022 MAR GOVERNMENT AFFAIRS COMMITTEE: 2018 (Vice Chair), 2019 & 2020 (Chair), 2021 MAR FINANCE COMMITTEE: 2020, 2022 (..)

article thumbnail

Amy Wallick Sworn in as Massachusetts Association of REALTORS® 2023 President-Elect

Lamacchia Realty

I see how hard she works day in and day out for her clients, as a mom and on behalf of Realtors through our Realtor Associations every day. I am so proud of Amy. I have served on various committees with her for years and she undoubtedly has what it takes to lead our Realtor Association!

article thumbnail

Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

” Other popular answers included, ‘implementing buyer representation agreements,” “full disclosure of client options,” and “more training on our value proposition.” “You must train all of your agents as to how you’re going to get compensated,” said Murray.