Definition Inventory Lending Loan Officers 
Housing Wire
MAY 22, 2024
It represented a modest recovery for a highly underutilized option within a wider and similarly underutilized lending program sponsored by the federal government. Education and new business RMD spoke with three national managers at different lending companies who deal in the reverse mortgage product.
Housing Wire
APRIL 26, 2023
Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Strategies to differentiate themselves include buying leads, providing niche loans and getting on builders’ preferred lender list.
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Housing Wire
DECEMBER 29, 2023
“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.
Housing Wire
JULY 16, 2021
Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The declaration comes 48 hours after Compass and Guaranteed Rate told of a definitive agreement to begin their own mortgage joint venture, OriginPoint.
Housing Wire
MARCH 30, 2023
When mortgage rates rose and demand for lower-priced mortgages grew, Kirby saw opportunities in the wholesale lending channel. Nothing in the mortgage industry is easy right now (…) With the broker model, you’ve got so many outlets to send these loans to that it’s really easy to find a home for most borrowers.
Housing Wire
DECEMBER 11, 2023
A top-tier borrower with a 780 FICO score and a 25-30% down payment for a single-family vanilla 30-year fixed-rate mortgage was quoted 6.875% on Thursday, said Larry Steinway, senior vice president of mortgage lending and branch manager of Revolution Mortgage. “We We are definitely seeing an uptick in demand.
Housing Wire
FEBRUARY 10, 2023
Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. We’re in an area that’s 90% condo [business], so it’s harder for lenders that don’t know this market to lend here. Buyers seem like they can’t get a break,” Kechian said. “I
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