Housing Wire
OCTOBER 4, 2023
In an environment where 30-year fixed mortgage rates are racing towards 8%, loan officer pipelines are thinning dramatically. But LOs who cater to first-time homebuyers’ needs – offering FHA loans and down payment assistance loans — are faring better, Michael Ullmann, producing branch leader at Movement Mortgage , explained.
Housing Wire
OCTOBER 28, 2021
In 2021, Floify’s software, which streamlines the loan origination process by allowing document sharing, and communication between LOs and real estate agents, has helped over 77,000 mortgage applications close each month, according to Porch. Floify was founded in 2012 by Dave Sims, who is CEO of the company.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MARCH 15, 2023
Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers. The company’s average mortgage loan was about $1.45
Housing Wire
OCTOBER 13, 2021
billion in 2012 to $2 billion in 2016. Last year, Interfirst relaunched its services with a new proprietary loan origination technology platform. It’s also made a push to hire teachers and first responders to be loan officers. billion in loan volume between June 2020 and June 2021. .
Housing Wire
JULY 12, 2023
Schoolfield and Shelton joined Movement in 2012, were promoted as divisional leaders in February 2021, and landed at Summit in July. million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs.
Housing Wire
AUGUST 12, 2020
This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception.
Housing Wire
SEPTEMBER 23, 2022
“This creates a very challenging environment for volume-sensitive businesses such as mortgage originators and title insurers,” the analysts said. ” However, the median-priced home is worth about $80,000 more than in 2020 and $200,000 more than in 2012. trillion in 2022 and $2.17 trillion in 2023. .”
Expert insights. Personalized for you.
433 
Let's personalize your content