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. For more information, visit getbuyside.com or email sales@getbuyside.com.

Valuation 293

Valuation Real Estate Agent Real Estate Clients 293

Housing Wire

APRIL 14, 2022

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. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

APRIL 13, 2021

1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap.

Housing Market 532

Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

APRIL 5, 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. “I had one client in St.

Buyers 442

Buyers Real Estate Agent Real Estate Brokerage 442

Housing Wire

NOVEMBER 22, 2022

“Over the years, we’ve been more focused on organic growth, one loan officer at a time,” said Mike Brennan, who became Movement’s president in January 2021. Brennan said purchase loans declined from 90% of the mix prior to the pandemic, to 67% during the pandemic. In total, the company has 15 clients.

Loan Officers 382

Loan Officers Retail Business Mortgage 382

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ With efficiency metrics and client outcomes like these it’s no surprise that the company continued to attract capital and investor interest. In 2016 LLR led a $26.5 No surprise here.

Real Estate 330

Real Estate Brokerage Real Estate Agent Technology 330

Appraisal Buzz

MAY 17, 2021

Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. Although 2020-21 is not the same as the run-up before the housing crash, there are some similarities with what appraiser’s face that bears addressing and reiterating. Some appraisers are reticent to address increasing trends now.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

MARCH 6, 2023

The combination of an economic uncertainty, high mortgage rates and persisting affordability challenges will further reduce purchase demand, which keeps Monson and thousands of loan officers up at night. Wax said about 50 to 60% of his clients are first-time homebuyers.

Loan Officers 372

Loan Officers Inventory Real Estate Agent Buyers 372

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

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. Real estate agents and LOs: the great collaboration. .” Fairway, which did about $3.5 “It’s not true.

Real Estate Agent 380

Real Estate Agent Retail Real Estate Design 380

Housing Wire

APRIL 29, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. While the median home sale price in December 2021 was lower than in 2020, in November, sales prices hit a five-year high of $482,500, according to Redfin. Conway, Arkansas.

Housing Market 332

Housing Market Marketing Agents Real Estate 332

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 410

Business Mortgage Loan Officers Inventory 410

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 369

Insurance Real Estate Technology Loan Officers 369

Eppraisal

APRIL 20, 2021

According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. 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.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Housing Wire

DECEMBER 20, 2022

This falls well below the landmark $1 billion he reached in 2020 and 2021. He built features that cater to realtors’ needs – such as weekly updates on the housing market, daily alerts of mortgage rates and keeping real estate agents informed of borrowers’ pre-approval status. I cut [my team] down a lot. We track that.

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Mike, a North Carolina-based loan officer, had two loans closing in mid-January. The contrast between the deals was striking. “I have a loan closing today for first-time homebuyers who didn’t really press me on pricing,” he said.

Loan Officers 376

Loan Officers Mortgage Lending Real Estate Agent 376

Housing Wire

AUGUST 16, 2023

Its in-house servicing is helping extend the client life cycle, something that bigger players have used to great effect with refis. Of course, the risk in winning purchase business in a volatile, high-rate environment is that other lenders could snag your client as soon as rates drop just months later.

Retail 336

Retail Real Estate Agent Business Mortgage 336

Housing Wire

MAY 10, 2023

In May 2020, it was $425,000. This has serious consequences for real estate agents and loan officers alike, since it’s usually a zero sum game. You land the client and get a commission, or you don’t and you get bupkis. But it’s bad for everyone else, agents and loan officers included.

Loan Officers 346

Loan Officers Marketing Inventory Real Estate Agent 346

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. So it’s like middle-office, later stage workflow. Of the $387.2

Mortgage 344

Mortgage Technology Loan Officers Investing 344

Housing Wire

MARCH 25, 2021

real estate agents, who are independent contractors. Benefits are available for all RE/MAX agents starting April 1, a company spokesperson confirmed, except those in Hawaii, where “coverage is forthcoming.”. Real estate agents and LOs: the great collaboration. The latest change? and Canada.

Brokerage 404

Brokerage Agents Real Estate Agent Real Estate 404

Appraisal Today

AUGUST 13, 2023

As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. To read more, click here My comments: I remember the easy days before 2020, with enough sales, listings and pendings to figure out the market. This means there aren’t as many data points to understand value.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

JANUARY 12, 2024

I always made them and never had any complaints from my lender clients. I worked for an assessor’s office in the late 1970s where we were making 2% per month time adjustments upward. But far higher expenses than pre-2020 norms will remain. Many referrals come from real estate agents.

Appraisal 68

Appraisal Contracts Mortgage Marketing 68

Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. In turn, most of them made mortgage referrals to Freedom’s traditional retail loan officers.

Real Estate Agent 415

Real Estate Agent Loan Officers Real Estate Agents 415