Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. Coming off of the pandemic banner years, thinning origination volume, low inventory and soaring home prices made business much harder to come by for LOs in 2023.

Business 401

Business Mortgage Loan Officers Inventory 401

Housing Wire

FEBRUARY 9, 2024

Cooper Group was profitable in 2023, a year marked by its acquisition of Home Point Capital and Roosevelt Management Co. The other half is subservice for a number of clients,” vice chairman Chris Marshall told analysts. “ Overall, Mr. Cooper delivered $500 million in net income in 2023. And by funding $12.6

Clients 355

Clients Business Technology Mortgage 355

Housing Wire

FEBRUARY 27, 2024

and its subsidiary Liberty Reverse Mortgage , posted a $64 million loss in 2023 but sees a generally positive trajectory for its reverse mortgage origination and servicing businesses. This is according to an earnings release and conference call detailing the company’s fourth-quarter and full year 2023 results. Ocwen Financial Corp.,

Valuation 337

Valuation Business Mortgage Clients 337

Housing Wire

OCTOBER 20, 2023

Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% Unfortunately, posting one random social media selfie per week isn’t going to help you nurture long-standing relationships with potential clients, nor will sending a single marketing email. So what’s the easiest way to be consistent?

Real Estate 367

Real Estate Tools Open Houses Advertising 367

Housing Wire

JANUARY 9, 2024

Is 2023 a year to forget? In the case of the mortgage industry, 2023 was not a pretty one. The rapid pace of change from the highs of 2021 to 2023 happened at breakneck speed, driven by one of the most aggressive monetary tightening cycles in history. That’s just what 2023 proved to be. According to the Thomvest U.S.

Real Estate 347

Real Estate Valuation Business Marketing 347

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales. The name of the game here is search traffic and lead generation.

Real Estate 345

Real Estate Real Estate Agent Tools Agents 345

Housing Wire

JANUARY 12, 2024

As a group, the trio originated about $80 billion in mortgages in 2023, down from nearly $218 billion the prior year – a $138 billion decline (63%). Wells Fargo, for example, shrunk its mortgage business dramatically in 2023, per filings with the Securities and Exchange Commission (SEC). billion in 2023. billion from $4.2

Mortgage 362

Mortgage Lending Retail Business 362

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

DECEMBER 13, 2022

As brokers and LOs close out a challenging year and set their sights on 2023, it could be tempting to take a pessimistic view. However, there are actionable steps and strategies they can take to ensure 2023 is as profitable as possible. Most industry observers expect 2023 to be much more consistent.

Clients 365

Clients Technology Real Estate Agent Business 365

Housing Wire

AUGUST 18, 2023

Magazine ’s 5000 list for 2023, a ranking of the fastest-growing companies in the U.S. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. 5000 – 2023 CityLight Homes came in as the top-ranked real estate brokerage or team in 2023, claiming the No.

Brokerage 365

Brokerage Real Estate Realty Real Estate Agent 365

Housing Wire

FEBRUARY 2, 2023

In turn, the mortgage service company plans to capitalize on cross-selling products to clients, large home lending banks investing in their legacy infrastructure and increasing sales to new mortgage shops in 2023. “We Impacted mortgage professionals who are starting mortgage shops are becoming new ICE clients, executives said.

Technology 336

Technology Mortgage Clients Lending 336

Lamacchia Realty

JANUARY 29, 2024

The Award for Most Acquired Clients is presented to the REALTOR® who signed up the most buyers and/or sellers in the company during a given year. We excited to announce that the 2023 award winner is Eileen Doherty! Eileen earned this recognition by signing up an impressive 86 clients in 2023! Congratulations Eileen!”

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Clients Realtors Realty Real Estate 53

Housing Wire

MAY 28, 2024

“This collaboration underscores our shared commitment to innovation and excellence in the real estate industry,” said Chris Basinger, a 2023 HousingWire Rising Star and senior vice president of Growth at Earnnest. “By Exit Realty had 14 affiliates that closed at least 500 sides in 2023, according to RealTrends.

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Realty Real Estate Design Tools 420

Housing Wire

NOVEMBER 5, 2023

The objective is to build relationships, understand the needs of potential clients, and position yourself as a go-to resource when they are ready to buy or sell real estate. This includes using social media, email marketing, online advertising, and maintaining a professional website to attract and engage potential clients.

Real Estate 387

Real Estate Tools Real Estate Agent Open Houses 387

Housing Wire

AUGUST 29, 2023

The second quarter 2023 was a boon for real estate teams, beating out financial performance in Q1 2023 , according the Streamlined Quarterly Team Benchmarking Report, which looked at the financial performance of more than 200 teams across the nation. Steamlined, based in Arizona, has a roster of hundreds of U.S. of GCI to 49.3%

Real Estate 332

Real Estate Brokerage Business Clients 332

Housing Wire

JANUARY 12, 2023

Mortgage industry watchers have started 2023 with optimism regarding the possibility of mortgage rates returning to the 5% range this year – but not without a dose of volatility on the way. “The mortgage market began 2023 on a positive note, with a decline in mortgage rates leading to an uptick in refinance applications.

Mortgage 483

Mortgage Marketing Investors Clients 483

Housing Wire

DECEMBER 20, 2023

So he did what a lot of retail loan officers in the industry were doing — Mike would reclassify a self-generated lead as a corporate-generated lead, thus slashing his compensation from 125 basis points down to as low as 50 bps, giving him a low enough rate to win the client and eventually close the deal. The lower comp rate stung.

Loan Officers 437

Loan Officers Clients Law Legal 437

Housing Wire

OCTOBER 27, 2022

They stepped up for their people, they stepped up for their clients, and they used it as an opportunity because it was a really difficult and changing time, and the same thing is going to happen,” Banosian said. Whether or not you succeed in 2022 and 2023 begins with looking at what you can do to help your team navigate this time.

Loan Officers 372

Loan Officers Clients Mortgage Marketing 372

Housing Wire

OCTOBER 17, 2023

Whether you’re a seasoned real estate agent looking to expand your reach or a newcomer eager to establish your digital footprint, ahead we delve into the best real estate lead generation websites for 2023. Finally, PropertyBase’s CRM provides a lead scoring tool, helping agents better prioritize their incoming clients.

Real Estate 375

Real Estate Real Estate Agent Agents Tools 375

Housing Wire

AUGUST 14, 2023

The Detroit-based lender plans to recruit up to 500 LOs by the end of 2023, more than triple the current local LO pool. The feature , published earlier this month, noted that Rocket embarked on a local LO hiring spree in 2023 to capture purchase market business from real estate agent connections. The Detroit-based lender generated $22.3

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Loan Officers Mortgage Real Estate Agent Real Estate 336

Housing Wire

JULY 5, 2023

Congratulations to the 2023 HW Marketing Leaders! This year’s list includes a diverse group of marketing minds who come from many different aspects of housing. However, they all share a common trait of working collaboratively across their organizations to help drive growth and success. Take a look at each honoree’s full profiles below.

Marketing 358

Marketing Technology Development Real Estate 358

Housing Wire

MARCH 13, 2023

Follow along for our tips on how to craft your marketing strategy to set yourself up for success in 2023. Your potential clients are looking for experts to guide them through what could be the most significant financial decision of their lives. Remember that your clients may not know the difference! You’re an expert.

Insurance 302

Insurance Clients Business Marketing 302

Housing Wire

NOVEMBER 16, 2022

Based on numerous interviews with mergers and acquisitions experts, we dove into the 2023 IMB buyer profile. In addition, Hale said he is currently working with three clients who are looking to buy IMBs — two of which are homebuilders and one he described as a “proptech/fintech” company. The 2023 buyer profile.

Buyers 398

Buyers Mortgage Sellers Investing 398

Housing Wire

MAY 3, 2023

N ominations for HousingWire’s Women of Influence award are now open through Friday, May 19, 2023. Click here to nominate a female leader in the industry — a client, colleague, boss or friend — it can even be you! HousingWire’s prestigious Women of Influence award showcases the outstanding efforts of women in housing.

Real Estate 305

Real Estate Lending Finance Mortgage 305

Housing Wire

MAY 30, 2024

Moving our entire team over to Coldwell Banker Realty was the best decision for our clients. No one else compares when it comes to brand recognition and tools to market our clients’ homes. He also served as a member of its strategic planning committee in 2023. said in a statement.

Realty 383

Realty Brokerage Real Estate Clients 383

Housing Wire

AUGUST 21, 2023

Magazine list of the 5,000 fastest growing private companies in America declined in 2023. It was ranked the 98th-fastest growing private company in America in 2023. Interestingly, none of the top three companies on the 2023 list made the cut in 2022. 658 in the 2023 Inc. The self-reported list ranks U.S. 5000 edition.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

JANUARY 18, 2023

The brutal low origination volume and industry consolidation that occurred for lenders in 2022 isn’t expected to turn around, at least not drastically, in 2023, according to Fitch Ratings. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

Housing Market 410

Housing Market Marketing Insurance Mortgage 410

Housing Wire

MAY 1, 2023

HousingWire is excited to announce the 2023 class of Rising Stars! Congratulations to the 2023 Rising Stars! In its tenth year, this industry award is showcasing the up-and-coming leaders in housing who have had major accomplishments all before the age of 40.

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

APRIL 9, 2024

It’s supported by Varun Krishna , a veteran in the financial technology world and former executive at Intuit and PayPal , who was appointed as the company’s new CEO in July 2023, replacing Bob Walters. It lets clients know quickly if they are qualified for a mortgage. In 2023, the firm lost money , with a GAAP net loss of $390 million.

Clients 375

Clients Technology Investing Finance 375

Housing Wire

DECEMBER 14, 2022

Whether additional volume comes from an uptick in foreclosure activity or onboarding new clients, we have vendors that are hungry for it.”. 2023 outlook on property preservation. As Safeguard continues to service its clients well, he hopes that the company will pick up a larger part of the market share. Safeguard’s technology.

Inspection 341

Inspection Clients Technology Training 341

Housing Wire

FEBRUARY 29, 2024

With this integration, eXp agents will be able to request a cash offer on qualifying homes on behalf of their clients directly through the eXp agent dashboard. Both companies recently reported financial losses for 2023. billion in 2022 to $275 million in 2023. billion in 2022 to $275 million in 2023. million in 2022.

Realty 406

Realty Agents Clients Sellers 406

Housing Wire

AUGUST 1, 2023

Congratulations to the 2023 Women of Influence winners. Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

APRIL 29, 2024

The Austin, Texas-based lender will continue offering small-balance commercial and business purpose debt service coverage ratio (DSCR) loans to its clients, CEO John Eisinger told HousingWire Monday morning. He said Stronghill is in the process of alerting clients whose loans were in the pipeline so they could transition to another lender.

Lending 394

Lending Clients Business Real Estate 394

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. Read on for more about Gallo’s business strategies for 2023, his general take on LO compensation and prospects for the housing market.

Business 366

Business Loan Officers Clients Inventory 366

Cleveland Appraisal Blog

APRIL 26, 2023

Join us in this article as we discuss the many different benefits of a Ventura Realtor when buying land in 2023 and why you should consider this as an option before you take the long road all by yourself. Using a realtor to buy land in 2023 has many benefits as we have just seen. Let’s get started. Should you get a Realtor?

Realtors 272

Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

DECEMBER 30, 2022

“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. LOs are aligning their strategies to target the purchase market, as rates are not expected to drop in a meaningful way in 2023.

Renovations 376

Renovations Realtors Construction Mortgage 376

Housing Wire

APRIL 8, 2024

As part of the agreement, NAR members and their clients will be eligible to receive exclusive rates and discounts on mortgages , student loan refinancing, and personal loans, among other perks. million clients and has branched out into mortgages, car loans, personal loans and more.

Realtors 389

Realtors Clients Insurance Mortgage 389