Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth. Terms of the deal, which was announced on Tuesday, were not disclosed.

Retail 390

Retail Loan Officers Brokerage Technology 390

Housing Wire

APRIL 19, 2022

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Loan officers working for depository banks are not bound by the same requirements. Regulations to oversee them all.

Training 354

Training Loan Officers Lending Mortgage 354

Housing Wire

JUNE 6, 2022

By some estimates, origination volume will fall in 2022 to about $2 trillion, about half the volume from the record-breaking years of 2021 and 2020. Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022.

Mortgage 444

Mortgage Loan Officers Lending Human Resources 444

Housing Wire

JUNE 1, 2021

This year’s class of Rising Stars matches the recording-breaking and unparalleled year that the housing industry experienced in 2020. Genworth Mortgage Insurance. EVP, Retail Lending. Alterra Home Loans. Senior Loan Officer. Supreme Lending. VP, Lending Support. ICE Mortgage Technology.

Retail 411

Retail Lending Loan Officers Finance 411

Housing Wire

OCTOBER 13, 2021

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. The company doesn’t currently offer FHA, VA or USDA loans, just conventional and jumbo products. Interfirst told HousingWire in August that it originated $1.65

Mortgage 315

Mortgage Investors Investing Loan Officers 315

Housing Wire

AUGUST 20, 2021

Yes, 2020 gave certain sectors a tail-wind but nonetheless these companies all had to manage through uncertainty while growing at breakneck speeds. And Nationwide Mortgage Bankers posted an insane average three-year growth rate of 16,396% in 2020. 2020 total volume for refinances and purchase mortgages totaled $3.83 5000 map.”.

Real Estate 475

Real Estate Realty Brokerage Mortgage 475

Housing Wire

MARCH 4, 2021

2021 is already shaping up to be a vastly different year than 2020 for the mortgage and real estate industry, and it’s not only because we’re entering a purchase market. They’ll also be measuring new legislation/regulation and possibly greater enforcement by various state departments of insurance, state bar associations and more.

Lending 439

Lending Law Loan Officers Clients 439

Housing Wire

JUNE 24, 2021

PPP may have meant something different in 2020, but this year the 3 P’s are the guiding light to long-term mortgage success and domination. Panelists: Clayton Collins, CEO, HW Media Courtney Graham, Chief Marketing Officer, Princeton Mortgage Paul Akinmade, Chief Strategy Officer, CMG Financial. ALL EYES ON PURCHASE.

Loan Officers 297

Loan Officers Lending Finance Business 297

Housing Wire

SEPTEMBER 28, 2023

JA: I was going back through some old PRMG stuff and they had “the five tenets of mortgage lending success” and it was: product, pricing, compensation, marketing, and fulfillment. Back in 2020 and into 2021, you could go out in the parking lot with a net and just catch loans. JA: First, privacy is a huge area.

Technology 418

Technology Loan Officers Lending Business 418

Housing Wire

AUGUST 8, 2023

In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. a market with high-income homebuyers that has experienced soaring home prices since 2020. Targeting jumbos made sense for Busch as he is based in Washington, D.C., from June 2022.

Insurance 319

Insurance Mortgage Lending Clients 319

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Just a little less vanilla. . ” Just a little less vanilla.

Mortgage 411

Mortgage Loan Officers Finance Investors 411

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. Virtually every aspect of mortgage lending can be improved through digitization,” Mayopoulos added. Stay tuned for updates.

Investing 505

Investing Loan Officers Technology Development 505

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms. Landlords hold the cards.

Housing Market 439

Housing Market Marketing Brokerage Real Estate 439

Housing Wire

OCTOBER 27, 2020

HousingWire recently spoke with Susan Falsetti, managing director of Origination Title and Close at ServiceLink, about the state of title in 2020 and how the EXOS technology platform allowed ServiceLink clients to take advantage of virtual closing solutions. These time-savings are critical in today’s lending environment.

Clients 354

Clients Technology Insurance Loan Officers 354

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. According to Roostify, the company handles $50 billion in loan volume every month.

Mortgage 349

Mortgage Technology Loan Officers Investing 349

Housing Wire

FEBRUARY 3, 2022

The six companies that went public over the last two years have, in the aggregate, lost around $36 billion in combined market cap value since the first nonbank, Rocket, debuted on the market in the summer of 2020, according to an analysis of stock values by HousingWire. Winners and losers. The losers are a lot of the smaller players.”

Mortgage 379

Mortgage Retail Finance Investors 379

Housing Wire

MAY 7, 2023

The NAR data going back decades shows how difficult it has been to get back to anything normal on the active listing side since 2020. From the Department of Labor : Initial claims for unemployment insurance benefits increased by 13,000 in the week ended April 29, to 242,000. didn’t go into recession until 2008.

Inventory 504

Inventory Housing Market Marketing New Listings 504

McKissock

APRIL 20, 2021

Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. This graph, from our 2020-2021 Real Estate Agent Income Guide , shows the average amount agents report earning based on how many hours they put in each week.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

PennyMac

APRIL 2, 2020

Is Homeowners Insurance Legally Required? View more: Cost vs. Value Report 2020 > Step 8: Lock in a Rate & Term with Your Lender. This ensures that you are not paying too much, and that your lender is not lending you more than a home is actually worth. Appliances: Are they included in the home sale?

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

PennyMac

DECEMBER 23, 2020

On December 16, 2020, the U.S. In response to timely economic conditions, the Fed decreases the benchmark interest rate (the base rate financial institutions use when lending) to encourage borrowing and lending among banks, businesses and consumers. 15 or 30 years) or fluctuations in the federal lending rate.

Mortgage 36

Mortgage Lending Loan Officers Home Value 36

Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. of GDP in 2020. Committing non-bank lending institutions. Ensuring that non-bank lenders are obliged to lend in lower-income areas and minorities is critical.

Insurance 384

Insurance Construction Government Lending 384

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. And HUD can bring lawsuits claiming bias in mortgage lending. But there was a catch.

Lending 352

Lending Government Law Mortgage 352