Housing Wire

JANUARY 13, 2023

In addition, he will work with other teams to lead cross training and improve communication with both internal and external customers. Garcia’s professional career spans more than two decades in the mortgage lending industry, with more than five years at Waterstone Mortgage.

Mortgage 393

Mortgage Lending Training Development 393

Housing Wire

AUGUST 31, 2020

The third type of automation included in Indecomm’s continuum is supervised automation, which involves human oversight for the ongoing training of machine learning algorithms and engines and exception processing to handle fall-outs from any automation effort. That is where supervised automation comes in.”. State of Mortgage Automation.

Lending 404

Lending Technology Tools Training 404

Housing Wire

MAY 26, 2023

million penalty due to lapses in its cybersecurity controls by “failing to effectively manage third-party service provider risk, manage access privileges, and maintain a formal application security development methodology.”

Development 382

Development Training Lending Finance 382

Housing Wire

SEPTEMBER 29, 2020

Right now, while things are good, invest in cross-training your staff. But brand recognition doesn’t develop overnight. Be proactive now about balancing your lending diet, equipping your staff to handle a range of responsibilities and solidifying your brand’s presence in the marketplace. Tip #3: Start marketing now.

Lending 424

Lending Loan Officers Business Investors 424

Appraisal Buzz

APRIL 2, 2024

Prior to joining Xactus, he served as senior vice president, business development at The Mortgage Collaborative (TMC), where he was responsible for managing the team that supported TMC’s 70+ preferred partner relationships. Prior to that, he served in business development, operations, and training roles with several lenders.

Modernization 195

Modernization Training Development Business 195

Housing Wire

JULY 18, 2023

As our financial system evolves, it is critical that we adapt our application of the Fair Housing Act and ECOA to deal with technological change and other developments,” Barr said in his speech. However, there is also the potential for these technologies to exacerbate existing issues related to lending equality, Barr explained.

Technology 370

Technology Lending Advertising Training 370

Housing Wire

JANUARY 18, 2023

While launching an in-house mortgage lending operation has been a complex undertaking for many businesses, Lower says its new platform will allow partner companies to offer customers a full menu of home financing options and expand their lending footprint to more than 93% of the U.S. population. Lower originated $4.19

Mortgage 382

Mortgage Lending Finance Retail 382

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. What are some specific types of non-lending assignments that might be worth adding to your workload this year? Read the full survey results below.

Lending 99

Lending Appraisal Property Taxes Training 99

Housing Wire

JUNE 2, 2022

The agreement resolves a complaint the NCRC filed in October 2021 with the Department of Housing and Urban Development. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019. Movement mortgage employees will complete additional fair lending training as part of the agreement with HUD.

Mortgage 393

Mortgage Training Loan Officers Lending 393

Housing Wire

FEBRUARY 1, 2024

Yet as surrounding neighborhoods appreciated in value with increased amenities and services, rising costs pushed out the mostly Black, longtime residents — excluding them from the benefits of development.” That is anathema to the spirit of fair housing (and lending). Limited services means limited options, access and opportunities.

Real Estate 404

Real Estate Appraisal Insurance Training 404

Housing Wire

MARCH 23, 2023

Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and White House Domestic Policy Advisor Ambassador Susan Rice, the PAVE task force revealed its action plan one year ago and claims that its efforts have amounted to “critical progress” in its efforts to make the homebuying process more equitable for people of color. “In

Appraisal 382

Appraisal Reconsideration of Value Valuation Training 382

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? This podcast not only includes episodes geared specifically toward mortgage professionals, but also features content on personal finance, career advice, sales training, business mentorship and more. Mortgage Lending Mastery.

Loan Officers 404

Loan Officers Mortgage Lending Modernization 404

Housing Wire

JUNE 10, 2022

Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. Erickson will be in charge of product management, the procurement and advancement of technology solutions and will oversee the training department and support teams for Motto Mortgage and wemlo.

Marketing 404

Marketing Real Estate Agent Lending Real Estate 404

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

JUNE 30, 2021

UWM has significantly invested in our technology team and tech stack, offering career-focused training and development which has contributed to growing this function to over 1,100 team members,” Chief Technology Officer Jason Bressler said. Mat Ishbia, President and CEO.

Tools 302

Tools Training Technology Clients 302

Housing Wire

JANUARY 24, 2023

Mortgage compliance attorneys interviewed by HousingWire said the program, dubbed “Control Your Price,” raises potential areas of concern across three subjects: rules that govern loan officers’ compensation; fair lending; and unfair, deceptive and abusive acts and practices. ” According to Selden, the rule is clear.

Lending 370

Lending Law Legal Training 370

Housing Wire

DECEMBER 9, 2020

The settlement also orders Washington Federal to “develop and implement an effective compliance-management system to prevent future violations,” per the CFPB. Washington Federal reported HMDA data for over 7,000 mortgage applications in each of 2016 and 2017, many of which contained data error rates reaching nearly 40%.

Training 370

Training Lending Development Mortgage 370

Housing Wire

MAY 2, 2022

Presented by: Acra Lending. Interfirst boasted of its ability to train people with no background in mortgage through a rigorous training course. In October 2021, a $175 million investment from principals at the private holding company StoicLane was used to grow operations and refine and develop new technologies.

Human Resources 382

Human Resources Loan Officers Retail Training 382

Housing Wire

SEPTEMBER 2, 2020

Additionally, the company offers specialized training and licensing programs for people looking to enter the mortgage industry. While we continue to grow and expand our team to meet the needs of our customers, we remain committed to developing our team and providing them with the resources they need to succeed,” Bray said.

Training 382

Training Loan Officers Development Mortgage 382

Housing Wire

NOVEMBER 2, 2023

We also continue to keep our eye on any disruption in the warehouse lending space and see as an area of potential focus headed into 2024. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers. The key to success with non-QM is to choose a non-QM lending partner wisely.

Investors 441

Investors Real Estate Lending Loan Officers 441

Housing Wire

FEBRUARY 18, 2022

I’ve always been mechanically inclined and developed a love for cars at an early age, based on the four drag race cars my father owned. The creation of the PAVE Task Force and the imminent publication of its findings may very well create shockwaves in the entire lending arena. John Brenan: I would be a mechanical engineer.

Training 382

Training Valuation Appraisal Real Estate 382

Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you.

Technology 382

Technology Appraisal Lending Valuation 382

Lamacchia Realty

NOVEMBER 30, 2021

We are thrilled to announce our Business Development team has expanded to Florida! Theresa Ercoli, a Florida resident, will be the first business development consultant based out of the Fort Lauderdale office and we cannot wait to see what she accomplishes! Vice President of Business Development. “I training ,?

Development 66

Development Business Realty Realtors 66

Housing Wire

MAY 18, 2021

It is no wonder then that, when asked, WFG’s lender clients and their borrowers identified training, collaboration, process efficiency and communication as the four major pain points they want to improve. In 2020, WFG launched an effort to identify and develop solutions for the biggest challenges facing the industry.

Mortgage 266

Mortgage Training Clients Development 266

Housing Wire

OCTOBER 22, 2020

The analysis may expose training needs for respective production teams. Doing this now will help lending teams establish a game plan to increase the skills of any refinance-focused LOs, as well as their managers. But training and trainers must have content. Run a spreadsheet by LO, branch and region.

Mortgage 475

Mortgage Training Contracts Loan Officers 475

Housing Wire

JUNE 28, 2022

In addition to the momentum and the economics, digital lending just makes sense. They are willing to drive change across their operations and work with advisors, like Falcon, to develop a roadmap to integrate digitalization into policies, processes, and training.

Mortgage 404

Mortgage Training Business Transportation 404

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? Underwriters are trained as desktop underwriters (DUs). It’s not subprime lending. Scaling is hard.”.

Lending 382

Lending Investors Mortgage Clients 382

Housing Wire

AUGUST 21, 2020

Before he joined Home Point Financial, Hilzendeger was at Wells Fargo for 30 years, most recently with Wells Fargo Home Lending , where he led as head of Retail Operations, head of Servicing Operations, senior vice president of Default Services, and senior vice president of Real Estate Servicing. office’s Talent Development operations.

Human Resources 348

Human Resources Advertising Retail Training 348

Housing Wire

SEPTEMBER 16, 2021

Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. Kris Kully: It was the six years I spent working as a new lawyer at the Department of Housing and Urban Development. doing really important work around the country.

Finance 382

Finance Legal Development Training 382

Housing Wire

APRIL 30, 2021

As homebuyers increasingly demand personal, service-driven experiences with their mortgage providers, community lending teams are well-positioned to capture business via the strong relationships they excel at creating. Furthermore, this solution mitigates the risk of being overstaffed if volume dips.

Marketing 341

Marketing Technology Lending Business 341

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. 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

Retail 370

Retail Mortgage Loan Officers Marketing 370

Appraisal Buzz

OCTOBER 18, 2021

My frustration centered on the mundane tasks such as setting up files, data entry and getting the data into the analytical tools used to develop and support adjustments. My solution was to hire and train a few folks that could help me develop and support my workflow and processes. That is unfortunate and disingenuous.

Modernization 370

Modernization Valuation Appraisal Training 370

Housing Wire

MAY 13, 2024

Department of Housing and Urban Development (HUD) to resolve allegations of discriminatory housing practices, the parties announced on Monday. Rocket will also provide fair lending training to its employees and improve outreach regarding the financing options available for properties within the boundaries of Native American reservations.

Lending 407

Lending Training Investing Finance 407

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

Training 349

Training Technology Real Estate Valuation 349

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . We have a dedicated training department that can teach originators all about reverse mortgages, our products, and how to make the sale.

Housing Market 370

Housing Market Business Mortgage Marketing 370

Housing Wire

AUGUST 3, 2021

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. PACE programs are also not regulated as heavily as other financial services, including mortgage lending.

Mortgage 414

Mortgage Clients Lending Technology 414