Housing Wire

AUGUST 25, 2022

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. That has contributed to UWM’s competitors taking losses on loans when they can least afford it.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Housing Wire

OCTOBER 23, 2023

” Martell’s first big move as CEO was to announce the Vision 2025 plan in July 2022, which included simplifying the organizational structure, focusing on client service, quality, automation and operating leverage. Amid a shrinking market, Vision 2025 was extended into 2026 and beyond, Martell said.

Technology 387

Technology Loan Officers Retail Marketing 387

Housing Wire

APRIL 4, 2023

When prospective clients operate in highly regulated financial markets, enterprise sales don’t come easy. It wasn’t until 2014 – two years after his cloud banking platform launched – that Movement Mortgage took the leap and digitized its mortgage origination and underwriting process with Blend’s tech stack.

Clients 328

Clients Mortgage Business Technology 328

Housing Wire

JUNE 7, 2021

United Wholesale Mortgage has been aggressively price-cutting loans to put pressure on competitors for months now. ” The initiative applies to any conventional loan on primary homes, including high-balance adjustable-rate mortgages, UWM said. Rocket has also been sweetening the pot for brokers as the mortgage market slows down.

Mortgage 545

Mortgage Business Marketing Finance 545

Housing Wire

SEPTEMBER 8, 2022

Cleveland-based KeyBank , a mortgage lender and servicer with $187 billion in assets, is facing a lawsuit filed in federal court in Ohio stemming from a recent data breach that compromised its customers personal information, including social security numbers. This incident does not affect any Key systems or operations.

Insurance 331

Insurance Mortgage Clients Inspection 331

Housing Wire

SEPTEMBER 12, 2023

Shannon Hoff, a California-based branch manager at American Pacific Mortgage (APM), finds herself both enthusiastic and cautious as she assesses the prospects of the mortgage market in the coming year. “But economists said mortgage rates should be in the 5s in the first or second quarter of 2024.”

Loan Officers 392

Loan Officers Investors Mortgage Clients 392

Housing Wire

AUGUST 16, 2023

The biggest nonbank mortgage lenders in America saw improved performance in both origination and servicing segments in the second quarter, capitalizing on the continued mortgage pullback from banks. As we’ve reported, that trend looks sticky, which could help change the fortunes of top independent mortgage banks sooner than expected.

Retail 323

Retail Real Estate Agent Business Mortgage 323

Appraisal Today

APRIL 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, forms to reports modernization, AMCs, earthquake risk, unusual homes, mortgage origination stats, etc. == == Rare Coastal Contemporary Manchester, MA, for $9M Excerpts: 5 bedroom, 4.5 Private Money Lending – fast turn times, high fees.

Appraisal 68

Appraisal Contracts Valuation Design 68

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Will Springer Realtor

SEPTEMBER 28, 2022

You want to buy a home but you’re worried you won’t qualify for a mortgage because of your student loan debt. Student debt is no longer just a first-time home buyer problem, says Cale Iorg, a loan officer at Supreme Lending in Alpharetta, Ga. “We Many lenders consider the ideal ratio, including a mortgage payment, to be 36% or less.

Buyers 36

Buyers Loan Officers Mortgage Realtors 36

Will Springer Realtor

MARCH 10, 2023

Real estate brokers can provide links to crime statistics for their clients but they should never interpret the severity of the neighborhood’s safety based on those figures (unless, perhaps, that broker is trained in criminal studies). The Emerald City ranked No. 12 in the U.S., with New York and Los Angeles topping the national list. >>

Real Estate 36

Real Estate Law Government Buyers 36