Housing Wire

MARCH 10, 2023

California-based Impac Mortgage Holdings is repositioning itself as a mortgage brokerage and voluntarily giving up its seller-servicer designation with Fannie Mae and Freddie Mac. Impac is transitioning its retail consumer direct lending division into a mortgage broker fulfillment model to offer various products at a reduced cost per loan.

Mortgage 370

Mortgage Retail Design Brokerage 370

The Robert Weiler Company

SEPTEMBER 23, 2021

That’s because it’s a design most adaptable to various uses and future expansion as business needs evolve. Swimming in Success: Restaurant and Retail Space. Of all the subtypes of commercial real estate Ohio has to offer, restaurant and retail space are perhaps the most “fun.” Remember to think conservative.

Retail 158

Retail Real Estate Business Training 158

Appraisal Buzz

JULY 19, 2021

As a cloud-based mortgage loan origination system (LOS), LendingPad is designed to help businesses streamline and manage loan origination processes and improve the customer experience.

Retail 370

Retail Design Business Appraisal 370

Housing Wire

APRIL 17, 2024

We think that part of the reason why the system is able to help Andy attract loan officers is the fact that they get this portal designed for how they do their job.” FCM originated $2 billion in home loans last year through its wholesale and retail divisions, the company reported.

Business 421

Business Loan Officers Mortgage Lending 421

Housing Wire

SEPTEMBER 13, 2023

Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. communities with the purchase of up to 800 homes, in partnership with the National Housing Trust (NHT).

Renovations 397

Renovations Investing Retail Design 397

Eppraisal

APRIL 28, 2023

Small retailers, for instance, paying rents on spaces that were now seldom visited, considered selling out of the house as an alternative. Expanding a House to Include a Store There are several considerations to address when creating retail space at your residential property. Such considerations determine floor plans and design.

Retail 36

Retail Business Design Home Value 36

Housing Wire

NOVEMBER 13, 2023

In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. Adjust your expectations At its core, an LOS is designed to serve a very specific purpose: ensuring that lenders can originate compliant and sellable loans. It would forever feel like a failure due to its inherent limitations.

Technology 409

Technology Design Lending Real Estate Agent 409

Housing Wire

MARCH 1, 2021

Fred Bolstad, executive vice president of retail lending at U.S. He leads both retail sales and operations, a channel that originated over $47 billion in 2020. Bank Home Mortgage , will speak on a panel titled What Mortgage Tech is Solving Now at HousingWire’s Spring Summit on March 4.

Retail 397

Retail Lending Loan Officers Technology 397

Housing Wire

SEPTEMBER 23, 2022

The acquisition will strengthen Thrive’s retail channel and bring with it new territories amidst arguably the most challenging mortgage market since the early 1980s. . Thrive’s chief operations officer Selene Kellam , who designed the lender’s operations workflow, will be the chief executive officer starting in 2023.

Mortgage 370

Mortgage Retail Loan Officers Technology 370

Housing Wire

AUGUST 1, 2023

Coming off multiple quarters of financial losses , Rocket has accelerated those efforts in 2023, embarking on a remote local loan officer hiring spree designed to capture purchase market business from real estate agent connections, sources told HousingWire. “I was told by the recruiter this division – Rocket retail started a year ago.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

MARCH 8, 2024

We have identified the banks that have high commercial real estate concentrations, particularly office and retail and other [property types] that have been affected a lot,” Powell said. residential mortgage servicers, received an equity investment of $1 billion earlier this month that is designed to strength the bank’s balance sheet.

Real Estate 473

Real Estate Insurance Lending Retail 473

Housing Wire

MARCH 25, 2021

The Tuesday filing shows that loanDepot, the nation’s second-largest retail lender, originated $25.1 HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. Mortgage Tech Demo Day.

Retail 491

Retail Mortgage Design Business 491

Housing Wire

APRIL 27, 2023

He will oversee expansion across the country by bringing on new teammates and will add value to all sales teammates through strategic initiatives designed to drive volume, the company said in a statement. “As ” The national top 10 retail mortgage lender funded more than $20 billion in residential mortgages in 2022.

Loan Officers 369

Loan Officers Retail Lending Investing 369

Housing Wire

APRIL 27, 2023

The company will now operate as a mortgage brokerage, giving up its retail consumer direct lending division and winding down its third-party origination (TPO). In March, Impac announced changes to the business.

Brokerage 380

Brokerage Retail Lending Design 380

Housing Wire

JUNE 22, 2022

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, wants to beat rival lenders by offering competitive pricing to brokers, a move designed to navigate a shrinking mortgage market with compressed margins. UWM dropped rates by 50 to 100 basis points across all loan types, the company said in a release.

Retail 432

Retail Loan Officers Mortgage Design 432

Housing Wire

DECEMBER 6, 2022

million in its seed round to build a mortgage-as-a-service platform for fintechs, banks and retail banks. The product is currently deployed with early design partner customers via a private beta, and Pylon plans to use the funding for product development and talent recruitment. . Startup Pylon raised $8.5

Mortgage 368

Mortgage Retail Development Design 368

Housing Wire

MARCH 14, 2022

The nonbank lender said it did not have sufficient staff with the experience to design and operate its controls over financial reporting. Maine-headquartered retail lender RMS represented 5% of the assets and 7% of the consolidated net revenue last year. Securities and Exchange Commission (SEC). Guild reported on Thursday $36.8

Design 397

Design Retail Finance Technology 397

Housing Wire

AUGUST 2, 2023

AIR is designed to “safeguard the independence, objectivity, and impartiality of appraisers and other Independent Parties throughout the valuation process for 1 to 4-unit residential properties,” according to Fannie Mae. “The Fannie Mae published a new frequently asked questions (FAQ) document related to AIR this week.

Appraisal 359

Appraisal Valuation Design Modernization 359

Housing Wire

APRIL 26, 2023

” OptifiNow TPO is the first CRM designed specifically for wholesale mortgage lenders and is used by many lenders nationwide. The CRM platform is designed to be implemented quickly and provide out-of-the-box functionality that only wholesale lenders can appreciate.

Mortgage 284

Mortgage Design Retail Lending 284

Housing Wire

OCTOBER 19, 2020

According to NAR, this guidance will be uniquely designed to fit the needs of individual Realtors. ” Morgan Stanley perks for Realtors include a one-time financial consultation at $300 – a 70% discount from the retail rate. Investment guidance and financial wellness resources are now available to all 1.4

Realtors 384

Realtors Retail Investing Design 384

Housing Wire

FEBRUARY 21, 2023

She created NAF’s Latino Focus and New American Dream initiatives, which is designed to boost homeownership and mortgage industry career awareness among Hispanic and Black communities. Patty Arvielo founded NAF with Rick in 2003, who has been serving as CEO for more than 20 years.

Retail 366

Retail Design Government Mortgage 366

Housing Wire

APRIL 27, 2021

Parkside, founded in 2004 in San Francisco and led by CEO Matt Ostrander, also operates correspondent and retail channels. It originated roughly $30 billion in mortgages last year across its retail, correspondent and wholesale businesses. The deal gave the Chicago-based retail lender access to the wholesale channel. billion.

Finance 370

Finance Lending Retail Renovations 370

Housing Wire

APRIL 24, 2023

In response, UWM said in its motion to dismiss the amended counterclaim that the ultimatum resulted from the fact that Rocket and Fairway “have eroded” the broker channel by converting customers from wholesale lines to retail lines. It added that brokers were free to accept or decline its amendment.

Legal 392

Legal Law Retail Brokerage 392

Housing Wire

AUGUST 2, 2022

First American Financial Corporation ’s digital closing platform firm Endpoint is now offering a suite of integrated title tools specifically designed for proptech companies, investors and tech-forward real estate organizations looking for a scalable digital closing platform.

Investors 375

Investors Real Estate Retail Clients 375

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Then you might as well just go work for UWM retail. “My business is not designed to make my competitors like me, especially retail competitors,” he said.

Real Estate Agent 384

Real Estate Agent Retail Real Estate Design 384

Housing Wire

FEBRUARY 26, 2021

Patterson will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Fred Bolstad , executive vice president of retail lending at U.S. Bank Home Mortgage. Patterson has led Homepoint’s third-party originations business since 2015.

Design 236

Design Retail Technology Lending 236

Housing Wire

JANUARY 12, 2024

Estate planning application The company also explained that this application of its private product emphasizes the utility of HomeSafe according to Paul Fiore, chief retail sales officer at FAR. Paul Fiore “It is gratifying to see our team help a borrower like Dr. Conley creatively use home equity to establish a living legacy,” Fiore said.

Tools 429

Tools Mortgage Finance Lending 429

Housing Wire

OCTOBER 23, 2020

As this settlement demonstrates, we are committed to holding mortgage lenders accountable when they choose to abuse the integrity of vital government programs that are designed to assist homeownership,” U.S. Through the six months ending June 30, Guild, which does nearly all of its business through the retail channel, posted a profit of $110.8

Mortgage 491

Mortgage Government Retail Lending 491

Housing Wire

DECEMBER 1, 2020

Within four years, Akinmade and his team have built a robust, automated marketing platform, which is driven by investment in technology, to give retail loan officers a competitive edge. Paul Akinmade joined CMG Financial in 2016 to lead the expansion of the company’s marketing department ahead of a major staffing initiative.

Loan Officers 219

Loan Officers Retail Training Design 219

Housing Wire

OCTOBER 2, 2022

Meanwhile, an Inside Mortgage Finance’s (IMF) analysis of first-lien mortgage originations shows the broker channel accounted for just under 15% marketshare from April to June, with retail at 61% and correspondent at 25%. It’s not designed for competitors to like me,” he said. I’m not trying to survive, I’m trying to thrive.”.

Business 370

Business Retail Mortgage Brokerage 370

Housing Wire

NOVEMBER 9, 2020

million agents who were part-time and not as experienced, but no brokerage has ever been created and designed specifically to address the needs of those agents who are high volume. When we looked at the industry, every brokerage that existed served the 1.3

Real Estate Agent 397

Real Estate Agent Real Estate Agents Brokerage 397

Housing Wire

APRIL 16, 2023

Mortgage rates didn’t move much last week, but the 10-year yield rose even though inflation data was tamer than expected, and we had a weaker retail sales report number. The housing market tracker is designed to give an outlook for the future, and as I have written, the housing market dynamics changed starting Nov.

Inventory 538

Inventory Housing Market Marketing New Listings 538

Housing Wire

MARCH 13, 2024

Finally, their Fast Track program offers 12 interactive group coaching sessions designed to help new agents build the necessary skills to succeed — like mastering listing presentations and handling objections. Pricing The CORE Essentials Blueprint program retails for $1,597. Novello’s masterclass also retails for $250.

Real Estate 432

Real Estate Real Estate Agent Agents Training 432

Housing Wire

JANUARY 12, 2021

We have been working non-stop to provide programs through our retail, wholesale and correspondent channels, which have significant demand in the marketplace. The Jumbo Prime program is designed for qualified borrowers who may have larger loan amounts than allowed under conventional loan terms. Kyle Gunderlock, Acra Lending CEO.

Lending 354

Lending Development Retail Design 354

Housing Wire

FEBRUARY 21, 2024

In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. Many Axis trainees come from sales-based careers in hospitality, retail or insurance, which makes it easier to adapt to the mortgage business. But some are completely fresh to the field.

Housing Market 409

Housing Market Mortgage Marketing Real Estate 409

Appraisal Buzz

MARCH 2, 2022

In his current role for ACI, he is focused on the design, development and execution of innovative software solutions to drive the digital transformation of the industry. The CRN will present Staudenmaier with the award at Valuation Expo 2022 in Las Vegas in September 2022.

Valuation 195

Valuation Retail Finance Training 195

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.

Loan Officers 458

Loan Officers Clients Law Legal 458