Housing Wire

SEPTEMBER 30, 2020

Borrowers, loan officers and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is able to “surround and extend” loan origination systems to provide a more efficient lending experience.

Lending 197

Lending Real Estate Agent Loan Officers Architecture 197

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

Lending 437

Lending Mortgage Technology Business 437

Housing Wire

MARCH 20, 2023

on Monday announced that Frontwave Credit Union will now implement Empower, Black Knight’s cloud-based loan origination system, and its integrated solutions, for the expansion of its mortgage lending operations. Black Knight, Inc.

Tools 288

Tools Property Taxes Real Estate Agent Technology 288

Housing Wire

JUNE 28, 2023

Borrowers also have to provide a minimum of 12 months of consecutive bank statements, and the loans don’t permit temporary rate buydowns, according to UWM. The expanded bank statement loan options will give mortgage brokers “another competitive edge with real estate agents and non-W2 borrowers,” the company said in a statement.

Real Estate Agent 339

Real Estate Agent Insurance Lending Real Estate 339

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. RE/MAX and Motto were having trouble hiring experienced processors, so about four years ago they bought wemlo, which has a platform connecting mortgage brokers and loan originators to a processing network.

Marketing 359

Marketing Real Estate Agent Lending Real Estate 359

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. The company claims that they close loans 13 days faster and enable their loan officers to close around 15% more loans per month. Are digital closings really worth it?

Technology 314

Technology Real Estate Agent Loan Officers Lending 314

Housing Wire

SEPTEMBER 30, 2021

Borrowers, loan officers, and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is designed to deliver value to both borrowers and lenders–”from the point of thought of buying a house to the point of owning a home.” .

Loan Officers 284

Loan Officers Architecture Real Estate Agent Clients 284

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 351

Retail Loan Officers Brokerage Technology 351

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. 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. The closer, the better.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

MARCH 24, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. ” Jacobson added that, “As an originator, I would never sign that document. Why would anybody sign that document?

Real Estate Agent 377

Real Estate Agent Retail Real Estate Design 377

Housing Wire

JUNE 30, 2021

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. The company also offers both onsite and virtual Success Track training for loan officers, processors and broker owners.

Tools 302

Tools Training Technology Clients 302

Housing Wire

APRIL 10, 2023

Technology that creates stronger relationships with real estate agents/professionals is also critical, as these relationships typically provide the lion’s share of a lender’s borrower leads/opportunities. When we fund your loan, I’m going to give you a homeowner portal. Knowing that loyalty in the mortgage industry (i.e.

Home Value 385

Home Value Technology Clients Advertising 385

Housing Wire

JUNE 8, 2022

The firm’s software — which it says streamlines the loan origination process by allowing document sharing and communication between loan officers and real estate agents — helped to close more than 77,000 mortgage applications per month, according to Porch.

Mortgage 330

Mortgage Technology Loan Officers Investing 330

Housing Wire

JANUARY 13, 2021

Data analytics giant Black Knight unveiled a new self-service style platform aimed at correspondent lending that will allow lenders to manage conditions and validate pricing locks on Best Effort loans.

Mortgage 254

Mortgage Sellers Technology Real Estate Agent 254

Eppraisal

APRIL 20, 2021

A full pre-approval is when a mortgage loan officer pulls your credit, verifies your employment and income, has your complete application and has all the required documents from you. Your loan officer may even put your file through an initial underwriting. Then comes the issue of the appraisal.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Appraisal Today

MAY 10, 2024

ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. The mortgage loan officer handling the loan?

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Assurance Financial

JULY 23, 2021

The loan program allows buyers to put zero down. Jumbo loans: A jumbo loan is also called a non-conforming loan. It’s a conventional mortgage that’s above the lending limits set by FreddieMac and FannieMae. If you’re looking to buy a large, expensive home, you might need a jumbo loan to do it.

Mortgage 74

Mortgage Real Estate Agent Government Loan Officers 74

PennyMac

APRIL 2, 2020

Step 4: Find the Right Real Estate Agent. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area. But be sure you’ve done your research before opting out of using an agent.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Will Springer Realtor

MARCH 30, 2021

Here are 11 thoughts, gathered from experienced real estate agents, and shared with you: Financial backing – Before considering offers, buyers should speak with their lender to request a letter that states they are strong candidates for a mortgage loan to cover the cost of the home. Stop, Look & Listen – Tip No.

Inspection 36

Inspection Sellers Buyers Real Estate 36

PennyMac

SEPTEMBER 9, 2020

Before you decide if this funding source is the right option for you, make sure to review all documentation for withdrawal stipulations before committing to cash-out of your 401k. An FHA home loan is a mortgage insured by the Federal Housing Administration. FHA loans typically have more flexible lending guidelines than other investors.

Insurance 36

Insurance Buyers Mortgage Human Resources 36