Housing Wire

NOVEMBER 18, 2021

United Wholesale Mortgage (UWM) rolled out a new purchase product that will waive mortgage insurance payments if a borrower opts for a 10%-or-more down payment. Once that happens, mortgage insurance is usually waived. But borrowers would be wise to note that they’ll get hit with higher interest rates.

Insurance 396

Insurance Loan Officers Retail Mortgage 396

Housing Wire

JULY 12, 2023

Movement, which focuses on the distributed retail channel, was the 15th largest U.S. In August 2022, Movement hired two executives away from rival Fairway Independent Mortgage to boost the growth and development of its distributed retail sales team. A spokesperson for Movement declined to comment, as did Shelton. quarter over quarter.

Retail 368

Retail Development Finance Lending 368

Housing Wire

JUNE 1, 2021

Blazing a new trail in a year that came with no road map, this class of Rising Stars tapped into their core strengths, spearheading the conversations that moved the market forward. Retail Branch Manager. VP of Market Research for Black Knight Data and Analytics. Chief Credit Officer. Senior Director, Marketing.

Retail 386

Retail Lending Loan Officers Finance 386

Housing Wire

MAY 1, 2023

Take a minute to look through the full list of this year’s list of honorees below. Congratulations to the 2023 Rising Stars!

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

MAY 11, 2021

The special purpose acquisition company market isn’t dead yet, apparently. Better.com, which offers mortgage, real estate, title and homeowner insurance through its digital platform, has entered an agreement to merge with Aurora Acquisitions Corp., billion in title insurance and $1.4 billion in homeowners insurance.

Valuation 348

Valuation Insurance Investors Loan Officers 348

Housing Wire

FEBRUARY 1, 2022

California-based loanDepot greatly increased loan origination volume in 2021, which guaranteed gains in marketshare compared to its competitors. But the multichannel lender’s gain-on-sale margin and net income fell significantly in the fourth quarter, reflecting changing market conditions. The company achieved a market share of 3.4%

Advertising 368

Advertising Loan Officers Retail Insurance 368

Housing Wire

JUNE 13, 2023

It’s about ensuring long-term sustainability by tackling the three critical financial challenges of buying and maintaining a home: upfront costs, monthly expenses, and financial resilience after purchasing a home,” David Battany, Guild’s executive vice president of capital markets, said in a press release about the program.

Buyers 379

Buyers Retail Mortgage Insurance 379

Housing Wire

NOVEMBER 12, 2020

It now has over 3,000 employees, many of whom, about 500, are non-commissioned loan officers. Its backers include L Catterton , Activant Capital , Ally Financial , Goldman Sachs , Kleiner Perkins , Ping An Insurance , Citi and American Express. Better.com has raised $410 million since its founding.

Valuation 416

Valuation Loan Officers Retail Mortgage 416

Housing Wire

NOVEMBER 10, 2022

As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed 7%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve. .

Mortgage 358

Mortgage Loan Officers Lending Business 358

Housing Wire

JUNE 6, 2022

Company chief financial officer Patrick Flangagan said loanDepot doesn’t expect to be profitable this year and shared plans to reduce marketing personnel expenses. Loan origination volume dropped 26% to $21.6 billion from the previous quarter, according to the firm, bringing the company’s market share down to 3.1%.

Mortgage 409

Mortgage Loan Officers Lending Human Resources 409

Housing Wire

AUGUST 8, 2023

(The FHFA’s conforming loan limit was a baseline of $647,200 in 2022, and $726,200 in 2023.) In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. In June, only 30% of his mortgage production came from jumbo loans.

Insurance 316

Insurance Mortgage Clients Lending 316

Housing Wire

SEPTEMBER 28, 2023

JA: I was going back through some old PRMG stuff and they had “the five tenets of mortgage lending success” and it was: product, pricing, compensation, marketing, and fulfillment. We know that the time to build is in a slower market, but what does that look like? SW: What’s been the biggest change since you started at PRMG in 2005?

Technology 383

Technology Loan Officers Lending Business 383

Housing Wire

OCTOBER 3, 2022

Empower, Black Knight’s loan origination system (LOS), offers an end-to-end digital platform that supports retail, consumer-direct, home equity, correspondent, wholesale and assumption channels – all in a single system. “A

Technology 312

Technology Loan Officers Modernization Retail 312

Housing Wire

FEBRUARY 3, 2022

Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. In the next few quarters, we should see a more challenging market,” Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW) , told HousingWire.

Mortgage 362

Mortgage Retail Finance Investors 362

Housing Wire

MARCH 1, 2021

But now that it’s all but certain we are coming into a true purchase market, the unknown and uncertainty that is the period prior to close will once again come under more scrutiny. With a purchase market, of course, comes higher production costs and weaker margins. There’s just a lot more to a purchase mortgage.

Marketing 231

Marketing Realtors HOA Technology 231

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? To read more, Click Here To read the listing with a virtual tour and 111 photos, Click Here == Some red flags for the housing market By Ryan Lundquist, May 2, 2024 Excerpts: Consumers are feeling economic pain, and we need to talk about some of the things that are brewing.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. and/or its affiliates is located here.

Modernization 67

Modernization Technology Appraisal Mortgage 67

McKissock

APRIL 20, 2021

Receive basic training in contracts and how to price properties using comparative marketing analysis. Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Work with a coach to map out your business.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Appraisal Today

AUGUST 13, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard. Markets hate uncertainty. Or hit the reply button.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

OCTOBER 14, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Reviews and Revisions, AMC layoffs, real estate market, unusual homes, mortgage origination stats, etc. ==. Utah’s Largest Home Hits the Market With a Bowling Alley and Lazy River for $17.5M, discounted from the initial $21 million listing last year.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. Very tough market now with many layoffs.

Appraisal 52

Appraisal Architecture Business Contracts 52