Housing Wire

MARCH 1, 2022

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, posted another record for production in 2021, but lower margins and declines in fair value of mortgage servicing rights impacted its earnings. billion in profits in 2021, down 53.6% million in Q4 2021. by closed loan volume for seven years in a row.

Retail 390

Retail Mortgage Loan Officers Technology 390

Housing Wire

MARCH 11, 2024

Solutions within Floify Lender Edition allow lenders to improve recruitment and retention of top-producing loan officers and to navigate regulatory landscapes, according to the company’s website. is a software development company that offers a digital loan origination system and POS for the mortgage industry.

Mortgage 361

Mortgage Loan Officers Real Estate Agent Design 361

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. billion in 2021. Its parent Rocket Companies rode the wave to a stunning $9.4

Loan Officers 347

Loan Officers Retail Real Estate Agent Real Estate 347

Housing Wire

JANUARY 4, 2024

Sarah Wheeler: You joined loanDepot in 2021 from Capital One. But for a technology executive, coming in at a time like that is where you get to pull back and calibrate with the executive team on what’s really important. The company was founded on an LOS and a dialer technology back then.

Technology 298

Technology Loan Officers Modernization Development 298

Housing Wire

JANUARY 23, 2024

Constellation Software ’s Dark Matter Technologies rolled out an automated workflow in the Empower loan origination system (LOS) that makes it easier for lenders to identify and qualify loan applicants who could benefit from evaluation of their positive rent payment history.

Technology 254

Technology Loan Officers Design Development 254

Housing Wire

SEPTEMBER 28, 2023

In my career, I’ve swung between enabling technology and securing it at the same time. So, we’re not little, but we’re not big, like some of these companies with 500 developers. SW: At PRMG, do you generally build or buy technology? People are just clamoring for technology to get an edge, especially now.

Technology 382

Technology Loan Officers Lending Business 382

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. Magazine’s list of the 5,000 fastest growing companies in America in 2021.

Retail 351

Retail Loan Officers Brokerage Technology 351

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions.

Human Resources 347

Human Resources Loan Officers Retail Training 347

Housing Wire

JUNE 5, 2023

Now, they are sitting at 22% and climbing, because they offer the most loan options to borrowers. DS: The growth of the channel has been significant, especially in terms of technology. UWM is focused and committed to building custom technology specifically for independent mortgage brokers. And those tools are just the start.

Mortgage 342

Mortgage Retail Lending Loan Officers 342

Housing Wire

AUGUST 31, 2020

Digital lender Beeline plans to hire over 300 new employees total by September 2021 – with over 100 new positions opening in Charlotte, North Carolina and Providence, Rhode Island, the company said Monday. The company has developed an alternative to what is traditionally know as a loan officer role.

Loan Officers 290

Loan Officers Development Real Estate Technology 290

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. ” In fall of 2021, Chicago-based Interfirst laid off hundreds of employees. Origination volumes eclipsed $4.3

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

AUGUST 17, 2022

A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer at Simple Nexus. Presented by: Polly.

Lending 350

Lending Real Estate Agent Real Estate Technology 350

Housing Wire

DECEMBER 16, 2021

In November, Interfirst issued pink slips to hundreds of non-commissioned loan officers at its call centers in Charlotte, North Carolina and Rosemont, Illinois, according to WARN notices in both states. According to former employees and executives, business seemed strong as recently as summer 2021.

Mortgage 338

Mortgage Loan Officers Retail Training 338

Housing Wire

MARCH 8, 2021

Despite the increased pace, the industry as a whole still has room for continued tech development and usage. HousingWire sat down with Renata Sheyner, vice president of product at CreditXpert, to learn more about key technologies that lenders need to give more attention to. We expect 2020 – 2021 to be the sixth in the series.

Technology 306

Technology Lending Loan Officers Development 306

Housing Wire

NOVEMBER 23, 2021

will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.

Mortgage 353

Mortgage Loan Officers Retail Technology 353

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, the third-biggest lender by volume in 2021 , laid off at least 114 employees in its home lending division this year. This list will be updated throughout the year.

Mortgage 409

Mortgage Loan Officers Lending Human Resources 409

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Lakeland Bank admitted no wrongdoing as part of a consent decree. Lakeland Bank admitted no wrongdoing as part of a consent decree.

Law 371

Law Loan Officers Lending Advertising 371

Housing Wire

AUGUST 7, 2020

Shoemaker predicted low rates will continue through 2021 but said that companies that are going to succeed after a shift to higher rates will be the ones that work on lower-cost platforms, have more flexibility from an execution standpoint, focus on purchase and have a willingness to build relationships with referral partners.

Retail 364

Retail Mortgage Loan Officers Marketing 364

Housing Wire

MARCH 24, 2023

By its own description, ChatGPT is “an AI-powered chatbot developed by OpenAI, based on the GPT (Generative Pretrained Transformer) language model. As for the “limitations,” it’s not always correct, and much data has not been updated after 2021. She had attempted to contact the developer for months with no response.

Loan Officers 465

Loan Officers Legal Development Marketing 465

Housing Wire

OCTOBER 15, 2020

And it’s because of the software, because of the technology. Quicken Loans , see how big they are? I think it’s all because of the technology. He now has 12 offices, and he plans to open 10 additional offices by the end of 2021. How much volume they can push through so quickly?

Brokerage 404

Brokerage Mortgage Technology Development 404

Housing Wire

JUNE 10, 2022

Erickson will be in charge of product management, the procurement and advancement of technology solutions and will oversee the training department and support teams for Motto Mortgage and wemlo. Goldman will be responsible for Floify’s sales development strategies. Dan Goldman, vice president of sales at Floify.

Marketing 359

Marketing Real Estate Agent Lending Real Estate 359

Housing Wire

SEPTEMBER 18, 2020

The company said it aims to double in size by September 2021. Of its new hires, the team is looking to add close to 100 “loan guides,” an alternative role to what is traditionally known as a loan officer and marketed as a “dedicated real human guide for its customers.” million in funding it received.

Loan Officers 300

Loan Officers Technology Development Mortgage 300

Housing Wire

JANUARY 14, 2022

The company generated $478 million revenue in the first nine months of 2021 – a figure that includes what income is earned by their independent contractor agents, and posted a $2.3 HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate. HomeSmart posted a $7.1

Brokerage 388

Brokerage Agents Real Estate Loan Officers 388

Housing Wire

OCTOBER 5, 2023

Saluda Grade , a real estate advisory and asset-management firm specializing in alternative lending products in the nonbank sector, and its fintech partner, Unlock Technologies , this week priced the industry’s first rated securitization backed entirely by shared-equity contracts (which Unlock calls HEAs).

Housing Market 374

Housing Market Marketing Contracts Finance 374

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. In 2016 LLR led a $26.5 No surprise here.

Real Estate 316

Real Estate Brokerage Real Estate Agent Technology 316

Housing Wire

MARCH 23, 2022

As the housing market continues to move from last year’s refinance boom, lenders’ ability to identify customers and maintain consumer relationships has become more important than ever in not only securing loans but also ensuring they make it to close. HousingWire: What role are marketers playing in this current?

Finance 257

Finance Loan Officers Lending Housing Market 257

Housing Wire

APRIL 21, 2022

Gusmus was selected as a 2021 Women of Influence , which recognizes the outstanding efforts of women in the industry who are driving the housing economy forward. The future of digital mortgage is fully mobile seamless technology enhanced by professional consultative relationships. What are you waiting for? But you have to do the work.

Mortgage 365

Mortgage Contracts Technology Lending 365

Housing Wire

MARCH 7, 2024

Given enough capital, you can build a lot of technology. I spent 15 years at the intersection of some large company technology organizations. For technology teams, when you think about incentives, there’s nothing quite like the incentive of making payroll to drive ingenuity, like you would see at a start up.

Real Estate 345

Real Estate Investing Human Resources Technology 345

Housing Wire

MARCH 31, 2022

We recently spoke to Bao Huynh, Director of Business Development at LoanScorecard, about these changes and the challenges of originating non-QM loans. Much of this volume was securitized in the 68 deals that came to market in 2021. Technology is a big part of the answer to this education challenge.

Marketing 316

Marketing Investors Technology Loan Officers 316

Housing Wire

DECEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Kathryn Amor, senior vice president and head of enterprise products at Guaranteed Rate , to talk about the intersection of product and technology. SW: How are you developing products for the next wave of homebuyers? Sarah Wheeler: You joined Guaranteed Rate in January of 2023.

Technology 317

Technology Investors Development Loan Officers 317

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 367

Insurance Real Estate Technology Loan Officers 367

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. By the end of 2021, the firm said it had invested in 20 proptech companies and its venture investments had produced $355 million in gains. As of Sept. The second area we have been focused on is commercial real estate.

Mortgage 328

Mortgage Real Estate Investing Technology 328

Housing Wire

NOVEMBER 29, 2021

In 2021, however, it has come roaring back, representing 3.53% of all securitizations over the first eight months of the year, according to a report by the Urban Institute ’s Housing Policy Institute. Non-agency securitization has been rampant in the first eight months of 2021 [and continuing], totaling $89.79 billion, compared to $49.69

Loan Officers 407

Loan Officers Supply Chain Mortgage Marketing 407

Housing Wire

FEBRUARY 7, 2022

Few things terrify lenders more than the arrival of a manila envelope from the Department of Housing and Urban Development ( HUD ) containing a redlining allegation. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. Premium product.

Insurance 332

Insurance Modernization Lending Mortgage 332

Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. But that popularity did not translate into a sale, and the stately dwelling returned to the market more recently in 2021 for $35 million. And now, the chateau is again up for grabs.

Appraisal 80

Appraisal Contracts Business Construction 80