Housing Wire

JUNE 6, 2022

By some estimates, origination volume will fall in 2022 to about $2 trillion, about half the volume from the record-breaking years of 2021 and 2020. Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022.

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Mortgage Loan Officers Lending Human Resources 418

Housing Wire

NOVEMBER 23, 2021

To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending. In 2017, after years of plummeting volumes, the company, led by CEO Dmitry Godin, decided to shutter its business, only to relaunch in 2020. Interfirst, which claimed to have originated $1.65

Mortgage 363

Mortgage Loan Officers Retail Technology 363

Housing Wire

DECEMBER 16, 2021

“Market dynamics in early 2020, which have caused significant disruption to the origination and servicing markets, accelerated our plan to reenter the market with our new business model in a more robust way with a broader relaunch of the Company,” Mark Freedle, Interfirst’s executive vice president of production, told MReport in July 2020.

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Mortgage Loan Officers Retail Training 346

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.

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Mortgage Training Clients Development 203

Housing Wire

OCTOBER 26, 2020

In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions. “We We believe in being a true partner to our clients,” said John Hedlund, chief operating officer of AmeriHome.

Client Relationships 358

Client Relationships Clients Technology Business 358

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.

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Training Technology Real Estate Valuation 237

Housing Wire

AUGUST 25, 2022

The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. According to data provider Curinos , home equity originations reached $65 billion in volume last year, relatively flat compared to 2020. Time and training. ” Just a little less vanilla.

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Mortgage Loan Officers Finance Investors 392

Housing Wire

JANUARY 24, 2022

The appraisal industry’s “byzantine regulation structure,” according to the report’s authors — experts in fair housing, fair lending and valuation — has stunted the appraisal industry’s understanding of fair housing risk. The regime has limited its accountability and enforcement systems.

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Government Appraisal Reconsideration of Value Lending 366

Housing Wire

FEBRUARY 11, 2022

With the market shift, LOs whose businesses were mainly driven by refinances in 2020 and 2021, must quickly shift gears and figure out ways to bring in purchase leads. However, Davis’ relationship with the agent turned sour and she has not yet been able to develop relationships with other agents. TikTok, Facebook and LinkedIn.

Marketing 390

Marketing Real Estate Agent Loan Officers Advertising 390

Housing Wire

APRIL 7, 2022

An ALTA Vendor Survey showed that RON transactions increased by 547% from 2019 to 2020. In addition to complying with state laws, you must make a plan on how to train and certify staff and comply with the rules and expectations set by your underwriting and lending partners. How should you prepare for RON?

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Law Technology Insurance Agents 354

Housing Wire

AUGUST 1, 2023

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. billion in profit in 2020 and $6.1 billion in profit in 2020 and $6.1 Its parent Rocket Companies rode the wave to a stunning $9.4 billion in 2021. billion in 2021.

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Loan Officers Retail Real Estate Agent Real Estate 354

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. The company went from a $500 million profit and 11,000 employees in 2020 to only 950 employees by June 2023. I’ve gone through extensive coaching and professional development,” he said.

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Realtors Technology Insurance Mortgage 356

Lamacchia Realty

APRIL 8, 2024

A consistent NCMAR Top Producer since 2000, Laurie has earned President’s Club honors five times, including 2019 , 2020 , 2021 , 2022 , and 2023 , and achieved President’s Club ELITE status in 2021 , 2022 , and 2023 ! Anthony is a member of the 2020 , 2021 , 2022 , and 2023 President’s Club.

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Realtors Realty Real Estate Agents 72

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

McKissock

NOVEMBER 10, 2020

Plus, join us on Wednesday, November 18, 2020 from 11:00am–12:00pm EST for a one-hour, non-credit Pro-Series webinar: Why Lenders Review and Common Errors in Residential Appraisal. In this article, Dan Bradley outlines several examples of less serious development and reporting violations: 8 Common Violations Made by Appraisers.

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Appraisal Training Property Appraisal Design 64

Housing Wire

JANUARY 26, 2024

Support and Training: The level of training, mentoring, administrative, and marketing support provided to agents. KW is known industry-wide as having some of the most comprehensive training programs for new agents. They provide a multitude of professional development experiences, leadership opportunities, and annual conferences.

Real Estate 392

Real Estate Brokerage Agents Real Estate Agent 392

Housing Wire

MARCH 9, 2021

The Department of Housing and Urban Development (HUD) has announced that JPMorgan Chase has come to an agreement with a Black homeowner who claimed the bank’s mortgage division – relying on a valuation done by an appraiser – valued her home at an amount lower than its actual worth because of her race.

Reconsideration of Value 458

Reconsideration of Value Appraisal Valuation Appraisal Process 458

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . We think that will be an exciting development for that part of the market.” Even though J.P.

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Technology Investing Investors Mortgage 383

Housing Wire

JULY 29, 2021

The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice. The trade organization says it is increasing training on unconscious bias, recruiting more minorities into the field, and reviewing data on potential bias.

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Appraisal Valuation Training Law 545

Housing Wire

JUNE 27, 2022

“You’re going to start to see the housing market price a lot of people out, which means there’s going to be fewer loans out there to be done, which means you’re going to probably see a lot of people starting to exit,” said Coley Carden, vice president of residential lending at Winchester Co-Operative Bank.

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Housing Market Marketing Brokerage Real Estate 417

Clear Capital

MAY 24, 2022

As a leading real estate technology company, Clear Capital pioneers new advances in AVMs for mortgage lending. And we’ve learned a lot over the last decade as we’ve researched and developed more accurate AVM tools. Get an AVM for mortgage lending with current property data and speed. Having up-to-date, current data is key.

Housing Market 69

Housing Market Valuation Marketing Real Estate 69

Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. of GDP in 2020. Incentivizing developers is necessary. Committing non-bank lending institutions.

Insurance 374

Insurance Construction Government Lending 374

Appraisal Today

FEBRUARY 2, 2024

The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). Built in 2020 (after teardown of existing house), 1.43

Appraisal 66

Appraisal Contracts Training Real Estate 66

Will Springer Realtor

JANUARY 7, 2022

In recent years, developers have focused on building higher-priced high-rises and custom-built single-family homes instead of what most buyers need. Builder associations say younger workers and apprentices are ever more difficult to attract to construction training programs. 2020 data). If a client already has 2.5%

Construction 36

Construction Real Estate Inventory Buyers 36