Housing Wire

MARCH 28, 2024

The digital lender made changes in its commercial operating model to achieve this goal and will continue to invest in Tinman, its proprietary technology platform. The operating model change involved Better pivoting to hiring experienced loan officers on commission-based compensation plans. Better posted a GAAP net loss of $59.5

Loan Officers 381

Loan Officers Technology Investing Realtors 381

Housing Wire

JUNE 16, 2023

SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents, and settlement agents, announced this week a new integration with Empower, the loan origination system (LOS) from Black Knight.

Loan Officers 331

Loan Officers Real Estate Agent Technology Real Estate 331

Appraisal Buzz

OCTOBER 18, 2021

SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents and settlement agents, has acquired Georgia-based software firm LBA Ware. The post SimpleNexus Adds Business Intelligence Tools with LBA Ware Acquisition appeared first on Appraisal Buzz.

Tools 195

Tools Business Real Estate Agent Loan Officers 195

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. In our business, that’s the refinance transaction.

Mortgage 413

Mortgage Technology Tools Business 413

Housing Wire

OCTOBER 9, 2023

After years of working crazy hours and focusing on growing his business, Ciardelli saw the impact his hard-driving lifestyle was having on his health and close relationships. The result would be a win-win for the business and for customers, he said. He knew he needed to make changes. “I As of Oct.

Loan Officers 414

Loan Officers Mortgage Technology Realtors 414

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Loan Officer Freedom.

Loan Officers 404

Loan Officers Mortgage Lending Modernization 404

Housing Wire

SEPTEMBER 14, 2023

Most tech CEOs emphasize how their technology empowers, not replaces, humans. But Pavan Agarwal, CEO of Sun West Mortgage Company and the creator of the Angel Ai technology, has a different perspective, which he shares in this interview with HousingWire Editor in Chief Sarah Wheeler. AP: People do get upset.

Loan Officers 383

Loan Officers Technology Mortgage Training 383

Housing Wire

AUGUST 17, 2023

Additionally, each business had a minimum revenue of $190,000 in 2019 and $2 million last year. 5000 list was VA Wholesale Mortgage , which specializes in offering home loans to veterans and active duty military members. We continue investing in tech while it’s not that crazy busy. The companies are U.S.-based,

Loan Officers 364

Loan Officers Mortgage Development Lending 364

Housing Wire

MARCH 30, 2023

A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage loan officers, final “docs” associates, desktop support professionals and business solutions architects, among others. “As CMG was the 27th-largest.)

Retail 379

Retail Loan Officers Legal Technology 379

Housing Wire

SEPTEMBER 27, 2023

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. The financial terms of the transaction have not been disclosed.

Lending 379

Lending Technology Loan Officers Clients 379

Housing Wire

NOVEMBER 30, 2020

Paul Anastos has been on the forefront of innovation within the housing industry for over a decade, specializing in developing technology solutions and transforming businesses into industry powerhouses. The post 2020 HW Tech Trendsetter: Paul Anastos appeared first on HousingWire.

Loan Officers 259

Loan Officers Real Estate Agent Technology Development 259

Housing Wire

JUNE 30, 2022

Intuitive technologies developed and built by experts in both mortgages and technology can drive efficiency, reliability and profitability when paired with exceptional customer service. Brokers will also have the opportunity to purchase leads tailored to fit their unique business needs.

Mortgage 298

Mortgage Real Estate Agent Clients Tools 298

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How do you think about technology and prioritizing what to do next? What’s changing there?

Appraisal 412

Appraisal Technology Modernization Real Estate Agent 412

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. Its parent Rocket Companies rode the wave to a stunning $9.4 billion in profit in 2020 and $6.1 billion in 2021.

Loan Officers 355

Loan Officers Retail Real Estate Agent Real Estate 355

Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. business advisory firm in real estate, mortgage finance, digital mortgage, banking and capital markets.

Business 458

Business Law Real Estate Investors 458

Housing Wire

MAY 23, 2022

According to Worker Adjustment and Retraining Notification (WARN) notices submitted to the Employment Development Department (EDD) on April 28 and May 9, the company plans to cut 207 jobs in two rounds on June 27 and July 8, in letters to the EDD reviewed by HousingWire. Loan servicing followed at 4.1% in the first quarter.

Loan Officers 393

Loan Officers Human Resources Mortgage Business 393

Housing Wire

JANUARY 10, 2024

“Unfortunately, we do not see this change taking place within the base period or extended base period of the Community Economic Development Agreement (CEDA),” Allen noted. The current project location is still operational and occupied by key information technology teams and senior leaders. million over the course of 12 years.

Investing 303

Investing Development Tenants Loan Officers 303

Housing Wire

FEBRUARY 16, 2024

We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. RA: One thing that most don’t realize about NAF is that we consider ourselves a legacy family business. We are a family business, and a lot of our family works here. It’s also good business.

Loan Officers 381

Loan Officers Retail Clients Real Estate Agent 381

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 351

Mortgage Retail Lending Loan Officers 351

Housing Wire

NOVEMBER 10, 2022

The transaction, confirmed by the companies, is a step to boost Movement’s presence on the East Coast amid shrinking loan origination volumes. The deal adds $2 billion in annual volume, 250 mortgage professionals and 31 branch offices to Movement’s book of businesses. .

Retail 370

Retail Mortgage Loan Officers Legal 370

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. Presented by: Acra Lending.

Human Resources 357

Human Resources Loan Officers Retail Training 357

Housing Wire

OCTOBER 4, 2023

Given the rising costs of today’s business environment, AI applications intended to improve operational efficiency are clearly highly valued by lenders and could function as a starting point among industry stakeholders to encourage wider adoption.”

Technology 356

Technology Lending Valuation Mortgage 356

Housing Wire

JULY 25, 2022

Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. The layoffs include loan officers, underwriters, processors, post-closing and secondary market staff.

Human Resources 346

Human Resources Loan Officers Construction Mortgage 346

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.

Technology 327

Technology Real Estate Agent Loan Officers Lending 327

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. This is where technology demonstrates its value.

Technology 317

Technology Lending Loan Officers Development 317

Housing Wire

JUNE 30, 2021

With this unwavering focus, we help brokers close loans fast, get referrals and grow their business,” Chief Operating Officer Melinda Wilner said. The no-cost solution allows brokers to submit applications, price out loans, eSign documents and helps make the experience smoother for borrowers and real estate agents.

Tools 302

Tools Training Technology Clients 302

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 363

Mortgage Loan Officers Retail Technology 363

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels. In 2012, Dmitry Godin was seemingly on top of the world. 375% below the market.”

Mortgage 348

Mortgage Loan Officers Retail Training 348

Housing Wire

NOVEMBER 9, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Rick Arvielo, co-founder and CEO of New American Funding (NAF), to talk about AI, why he chose to start NAF Technology India and how to keep NAF innovative. Sarah Wheeler: New American Funding is known for building rather than buying technology. Are you still in that mode?

Technology 348

Technology Development Contracts Investing 348

Housing Wire

MARCH 30, 2023

Tech advancements in the broker space, which caught up to retail lenders ‘ levels, were another factor that helped him make the transition. “I think maybe if you look back a few years, the broker space from a technology perspective was lacking, but has really caught up to where retail was (…).

Mortgage 355

Mortgage Retail Loan Officers Brokerage 355

Housing Wire

SEPTEMBER 29, 2021

We get our fulfillment not from the numbers but from watching our people develop and grow,” said Lawson. Brad and Fernando have created a business that makes sure their people are set up to win inside and outside their business. Part of this success-filled ecosystem is PrimeLine Capital’s use of Rocket Pro TPO technology.

Mortgage 342

Mortgage Tools Clients Technology 342

Housing Wire

AUGUST 7, 2020

The brokers were in agreement that recruiting talent and maintaining strong partnerships will be key to not only brand development, but a lasting foundation that will continue post-pandemic. “So So really, it’s a team effort, the reason we got to where we’re at is because of the team involved behind it.

Retail 367

Retail Mortgage Loan Officers Marketing 367

Housing Wire

MARCH 15, 2021

That has caused a significant shift to a digital lending model that has significantly impacted a lender’s ability to do business during these challenging times. . Retail lenders originate loans through their in-person retail branches. Record low-interest rates have driven U.S.

Lending 383

Lending Retail Mortgage Loan Officers 383

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. But Woodward struggled to originate purchase loans. “I I can count on one hand the number of purchases that I did.”

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

MARCH 25, 2021

Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. Business process outsourcing and digital transformation are proven solutions that more mortgage companies are adopting.

Mortgage 381

Mortgage Lending Technology Loan Officers 381

Housing Wire

AUGUST 8, 2023

Industry veteran Parvesh Sahi , chief revenue officer at Polly , has spent much of his career in the mortgage space, working with notable fintech vendors and facilitating powerful connections between compliance and loan origination softwares. Another thing to note when identifying the right PPE is the technology partner.

Architecture 307

Architecture Technology Loan Officers Design 307

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. It’s part of his business thesis – investing in upwardly mobile communities where homeownership is a cultural value. How much volume they can push through so quickly?

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Brokerage Mortgage Technology Development 404