Housing Wire

APRIL 4, 2022

Over 80% percent of FHA purchasers are first-time homebuyers, and borrowers of color obtained over 40% of FHA loans last year, according to HUD. The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined.

Insurance 360

Insurance Loan Officers Sellers Mortgage 360

Housing Wire

MAY 1, 2023

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

MARCH 29, 2024

But she quickly realized it is facing real challenges, and she began asking why it has not grown and developed to a place it could be. “I Some customers she spoke to explained that after looking at the origination fee structure and the mortgage insurance premium, a home equity line of credit seemed more beneficial to them.

Mortgage 390

Mortgage Finance Insurance Tools 390

Housing Wire

OCTOBER 1, 2022

The DOJ said that all of Lakeland’s branches were located in majority-white neighborhoods and that its loan officers did not serve the credit needs of Black and Hispanic neighborhoods in and around Newark. Lakeland, a community bank, operates 68 branches in northern New Jersey and in New York’s Hudson Valley.

Law 378

Law Loan Officers Lending Advertising 378

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth. Terms of the deal, which was announced on Tuesday, were not disclosed.

Retail 360

Retail Loan Officers Brokerage Technology 360

Housing Wire

JULY 12, 2023

HousingWire reported that the Sacramento-based lender instituted a round of layoffs in late November 2022, affecting 72 employees , per a document filed with the state’s Employment Development Department. Sources said the changes at Movement come after a shakeup to the sales team’s leadership.

Retail 368

Retail Development Finance Lending 368

Housing Wire

SEPTEMBER 28, 2023

So, we’re not little, but we’re not big, like some of these companies with 500 developers. We have a development team and so we have software developers, system analysts, business analysts, quality assurance testers, and people that manage deployments. We have smaller teams, but they’re very effective.

Technology 391

Technology Loan Officers Lending Business 391

Housing Wire

APRIL 18, 2023

Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike. Plus, loan officers can access their entire transaction pipeline at a glance for purchase transactions using titlegenius. The platform makes closings simple, transparent and less expensive.

Tools 291

Tools Sellers Technology Loan Officers 291

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. Incentivizing developers is necessary.

Insurance 371

Insurance Construction Government Lending 371

Housing Wire

JUNE 1, 2021

SVP, Agent Engagement & Development. Genworth Mortgage Insurance. Alterra Home Loans. Senior Loan Officer. VP of Product Development. Branch Manager. PrimeLending. Kirtus Dixon. eXp Realty. Kristen Cox. Senior Leader, Flood Solutions. Louis daRosa. VP of Engineering. ICE Mortgage Technology. Matt Garcia.

Retail 389

Retail Lending Loan Officers Finance 389

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. During the housing crisis of 2008, the title industry suddenly emerged from obscurity into full view.

Real Estate Agent 302

Real Estate Agent Real Estate Project Management Agents 302

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 368

Insurance Real Estate Technology Loan Officers 368

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance.

Agents 444

Agents Sellers Buyers Finance 444

Housing Wire

JUNE 6, 2022

As of May 27, Iowa Workforce Development lists 49 layoffs at the Wells Fargo campuses in Des Moines and 34 employee reductions in West Des Moine. Layoffs included 17 associate loan servicing representatives and eight loan servicing representatives as well as senior operations processors and senior loan servicing representatives.

Mortgage 413

Mortgage Loan Officers Lending Human Resources 413

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” It affected at least 50% of the staff, positions in operations and loan officers, according to multiple former employees. A massive job cut. billion in the last 12 months.

Mortgage 360

Mortgage Loan Officers Lending Business 360

Housing Wire

OCTOBER 3, 2022

The system also provides management reporting on user productivity and loan metrics derived from a beginning-to-end workflow that can reduce costs and manual tasks. It can take on ‘stare-and-compare’ and validation responsibilities, such as verification of income, assets and insurance more accurately and at scale,” Gagliano noted.

Technology 316

Technology Loan Officers Modernization Retail 316

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

Investing 490

Investing Loan Officers Technology Development 490

Housing Wire

MARCH 11, 2024

The addition of automation made credit optimization more accessible to mortgage loan officers who could simply set a target score and allow our predictive analytics engine to run hundreds of simulations in just seconds to arrive at a detailed plan.

Buyers 377

Buyers Tools Mortgage Lending 377

Housing Wire

NOVEMBER 5, 2020

We’re also working on finding solutions for the qualified mortgage and on issues surrounding flood insurance. HW: You talked about playing the long game — developing strategy that looks beyond just growth. We have lobbied hard against the adverse market fee, which should just be called a consumer tax. What does that look like?

Mortgage 454

Mortgage Loan Officers Tools Training 454

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. “We’ve

Valuation 288

Valuation Real Estate Agent Real Estate Clients 288

Housing Wire

SEPTEMBER 30, 2020

Borrowers, loan officers and the corresponding processors and underwriters are often working on entirely different systems. THE EXECUTIVES: Hassan Rashid, Chief Revenue Officer. Rashid steers Tavant’s strategy for continued profitable revenue growth, supported by a fully aligned business development engine.

Lending 197

Lending Real Estate Agent Loan Officers Architecture 197

Housing Wire

FEBRUARY 7, 2022

Few things terrify lenders more than the arrival of a manila envelope from the Department of Housing and Urban Development ( HUD ) containing a redlining allegation. For a borrower with tarnished credit and thus unable to get conventional financing, an FHA-insured mortgage is the go-to choice. Many have called for reductions.

Insurance 337

Insurance Modernization Lending Mortgage 337

Housing Wire

OCTOBER 5, 2023

These [rated offerings] can start to bring in investors like insurance companies, money managers with mutual funds that have ratings constraints, investment banks … [and more], which will provide better financing on rated bonds.” Unlike banks and credit unions, nonbanks can’t hold these [home equity] loans on their balance sheets. …

Housing Market 382

Housing Market Marketing Contracts Finance 382

Housing Wire

SEPTEMBER 5, 2023

TB: It seems like each mortgage process should be relatively standardized because we’re manufacturing loans — the vast majority of which will be purchased by the two GSEs or insured by FHA , VA or USDA. How are lenders helping borrowers take advantage of loan product innovation and affordable housing initiatives?

Technology 339

Technology Mortgage Tools Insurance 339

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Just a little less vanilla. Homepoint has decided to pause on entering the non-QM fray.

Mortgage 388

Mortgage Loan Officers Finance Investors 388

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender.

Clients 382

Clients Agents Buyers Sellers 382

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms.

Housing Market 409

Housing Market Marketing Brokerage Real Estate 409

Housing Wire

JANUARY 25, 2022

To develop a robust input, it’s imperative to understand your cash flows, which means knowing your sources and uses of cash. This includes how much cash is used to fund new loans, cycle time on loans in inventory, and how fast you’re selling loans. In the mortgage business, many expenses are front-ended.

Mortgage 329

Mortgage Inventory Business Loan Officers 329

Housing Wire

OCTOBER 27, 2020

For many years, we’ve been developing and investing in technology to deliver an end-to-end digital mortgage experience. We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services.

Clients 333

Clients Technology Insurance Loan Officers 333

Housing Wire

JULY 9, 2021

Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. Does your CRM hurt or help the customer experience?

Real Estate 446

Real Estate Business Valuation Technology 446

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. I’ll continue to oversee First American’s venture investing arm, but now will also evaluate additional opportunities that could include external partnerships, mergers and acquisitions, and internal product and technology development.

Mortgage 333

Mortgage Real Estate Investing Technology 333

Housing Wire

MARCH 15, 2022

GK : We’ve now heard from the CFPB, the Department of Housing and Urban Development as well as the FHFA on special purpose credit programs. But again, one of the unintended consequences of the compensation caps [is that it is sometimes] unrealistic to originate loans that have enough profit in them to substantiate that.

Government 317

Government Insurance Finance Investing 317

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. insurance companies, including home and auto providers. Register for the FinLedger Daily Newsletter.

Business 455

Business Law Real Estate Investors 455

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. But the truth is, there are components outside of our realm today that include mortgage and title and insurance.

Technology 360

Technology Real Estate Agents Design 360

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. The nation’s biggest banks stepped in to stabilize the lender with $30 billion of their own money, giving the Federal Depository Insurance Corporation time to find a buyer. After a weekend of negotiations, the FDIC sold First Republic to JPMorgan.

Marketing 311

Marketing Retail Mortgage Investors 311

Assurance Financial

MARCH 2, 2022

The greatest success story I have is winning over the ‘never-adopters’ of the industry, comprised of mostly the loan officers. After a few months, however, these capabilities made the loan officers the heroes. PEX Network: What key developments do you see happening in the mortgage space over the next couple of years?

Mortgage 36

Mortgage Loan Officers Technology Insurance 36

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). The mortgage loan officer handling the loan? If buyers cannot get insurance or it is very expensive, it will affect value.

Reconsideration of Value 70

Reconsideration of Value Appraisal Real Estate Insurance 70