Housing Wire

JUNE 30, 2022

An increasingly digitized world has given way to new solutions that are making business easier for everyone, mortgage lenders included. But with the market moving, it has always been extremely hard in the mortgage industry to tie exact cause and effect to production. Is this protecting me from a real business risk?

Mortgage 366

Mortgage Real Estate Agent Technology Loan Officers 366

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

OCTOBER 28, 2021

The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. Porch, which went public via SPAC in 2020, announced late last year that it was on the hunt to acquire companies that would give the firm more solid footing in the homeownership space.

Mortgage 395

Mortgage Logistics Insurance Real Estate Agent 395

Housing Wire

FEBRUARY 22, 2021

During breaks in nearly every televised basketball game, it’s there: Tracy Morgan imploring pensive homebuyers “pretty sure” is not enough, and that they can only be certain about their giant life choice with Rocket Mortgage. The ads are mostly set not in a loan office, but a home showing.

Real Estate Agent 467

Real Estate Agent Real Estate Loan Officers Realtors 467

Housing Wire

AUGUST 13, 2021

In February 2019, we wrote an article predicting this seismic shift, detailing how mortgage lenders could and should prepare to not only survive the shift but thrive in the future digital age. They don’t think, “I’m going to fill out a digital mortgage application or I’m going online to do my mortgage application.”

Loan Officers 446

Loan Officers Real Estate Agent Modernization Technology 446

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. According to the Mortgage Bankers Association ’s yearly forecast, purchase mortgage originations are expected to grow by 9% to $1.73

Marketing 395

Marketing Real Estate Agent Loan Officers Advertising 395

Housing Wire

JANUARY 5, 2021

SimpleNexus , a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding around. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments.

Architecture 395

Architecture Real Estate Agent Loan Officers Real Estate 395

Housing Wire

DECEMBER 27, 2022

The first half of the year, with mortgage rates in the 3s and 4s, was like “Fast and Furious.” The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. over asking price. High octane stuff.

Housing Market 524

Housing Market Marketing Real Estate Agent Real Estate 524

Housing Wire

MARCH 4, 2021

United Wholesale Mortgage , the top wholesale lender in the nation, announced on a Facebook live Thursday that it will no longer partner with brokers who also work with Rocket Mortgage and Fairway Independent Mortgage Corp. We don’t need to fund Fairway Independent or Rocket Mortgage to try to put brokers out of business.

Real Estate Agent 512

Real Estate Agent Loan Officers Mortgage Lending 512

Housing Wire

MARCH 15, 2022

The key to winning purchase business in 2022 remains as it was in 2021, the year before that, and the year before that – building and maintaining relationships with real estate agents. I think it’ll be a broken record but Realtors, Realtors, Realtors,” emphasized Rafael Montano, an LO at Rocket Mortgage.

Realtors 435

Realtors Real Estate Agent Real Estate Agents 435

Housing Wire

MARCH 16, 2022

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. That means that they get more product options.

Retail 418

Retail Loan Officers Brokerage Technology 418

Housing Wire

DECEMBER 6, 2022

However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah.

Real Estate 370

Real Estate Real Estate Agent Clients Agents 370

Housing Wire

APRIL 7, 2021

The mortgage rate outlook component experienced the only decline in March’s HPSI, with the latest results indicating that only 6% of consumers believe that mortgage rates will decrease over the next 12 months. Real estate agents and LOs: the great collaboration. Presented by: Propertybase.

Sellers 509

Sellers Real Estate Agent Real Estate Loan Officers 509

Housing Wire

NOVEMBER 22, 2022

Movement Mortgage CEO Casey Crawford and President Mike Brennan. Movement Mortgage’s deal to acquire top indie retail lender Mortgage Network marks a shift in the South Carolina-based company’s strategy. The shrinking mortgage market is the primary reason why. Mike Brennan, president of movement mortgage.

Loan Officers 383

Loan Officers Retail Business Mortgage 383

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 354

Valuation Real Estate Agent Real Estate Clients 354

Housing Wire

APRIL 5, 2021

And even with fast-rising home prices and an uptick in mortgage rates , 30% of those surveyed said they wouldn’t move to an area with natural disasters or rising sea levels even if home prices were affordable. ” Real estate agents and LOs: the great collaboration. . “I had one client in St.

Buyers 468

Buyers Real Estate Agent Real Estate Brokerage 468

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Tech100 Mortgage Winners. Hey Clayton …” and a link.

Real Estate 376

Real Estate Brokerage Real Estate Agent Technology 376

Housing Wire

SEPTEMBER 20, 2021

Rookies that pursued a career as mortgage loan originators in 2020 air dropped into a scintillating real estate market. Rookie LOs in 2020 could ride the refi wave and rack up a hefty monthly paycheck without Herculean effort. But these days, they’ll have to sing for their supper.

Marketing 286

Marketing Real Estate Agent Realtors Real Estate 286

Housing Wire

FEBRUARY 21, 2023

It also holds great promise in attracting a new generation of bright, talented appraisers who may have otherwise not given the mortgage valuations industry a second look. Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork. This isn’t just a theory.

Modernization 362

Modernization Technology Real Estate Agent Valuation 362

Housing Wire

APRIL 7, 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. markets; by December 2020, prices were already up 23.6% year-over-year – and still, people flocked to the central Texas city.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

MARCH 6, 2023

There were leads, referrals and action in January, after people returned from holiday vacations and rates declined, said Don Monson, branch manager at Sente Mortgage. Rising rates will likely scare buyers away from the market, as it makes monthly mortgage payments less affordable, loan officers interviewed by HousingWire said.

Loan Officers 383

Loan Officers Inventory Real Estate Agent Buyers 383

Housing Wire

MARCH 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Real estate agents and LOs: the great collaboration. “I would say it’s in every mortgage broker agreement.

Real Estate Agent 383

Real Estate Agent Retail Real Estate Design 383

Housing Wire

JUNE 2, 2021

.” Schreiner Gates previously advised the tech startup as a board member in April 2020 before her appointment as company president in September. Prior to SimpleNexus, Schreiner Gates served as the EVP of sales and marketing at digital mortgage technology provider Ellie Mae (now ICE Mortgage Technology ).

Real Estate Agent 286

Real Estate Agent Development Real Estate Technology 286

Housing Wire

APRIL 13, 2021

A new report from Redfin shows that homes listed midweek sell for an average of $1,700 more than homes listed on the weekend, based on homes sold above their list price from July 2020 through February 2021. Real estate agents and LOs: the great collaboration. And they sell faster, too. and Portland, Oregon (1).

Sellers 407

Sellers Buyers Real Estate Agent Real Estate 407

Housing Wire

MARCH 5, 2021

However, as Ishbia had just announced that UWM would no longer partner with mortgage brokers who also work with Rocket Mortgage or Fairway , the discussion became a broader conversation about the lenders’ overall strategy to grow broker share. ” One of those long-term plays is holding onto mortgage servicing rights.

Investors 395

Investors Real Estate Agent Loan Officers Technology 395

Appraisal Buzz

MAY 17, 2021

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. We are seeing that as a profession again.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

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. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. An additional 21% closed 1.5

Business 427

Business Mortgage Loan Officers Inventory 427

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 377

Housing Market Marketing Agents Real Estate 377

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 422

Loan Officers Mortgage Lending Real Estate Agent 422

Housing Wire

JUNE 8, 2022

With a deadly combination of low housing inventory, reduction in refis and surging mortgage rates, consolidation in mortgage tech is expected. Businesses and entire industries tanked during the pandemic, but it created an ideal environment for mortgage tech companies, some of which rode the wave to banner years and historic growth.

Mortgage 380

Mortgage Technology Loan Officers Investing 380

PennyMac

APRIL 2, 2020

Though it’s possible to buy a home with cash, most homebuyers do so with the help of a mortgage. There are various types of mortgages available, with different interest rates, down payment amounts, and other terms to consider. Step 3: Get Pre-Approved for Your Mortgage. Step 4: Find the Right Real Estate Agent.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Housing Wire

JULY 18, 2022

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Some mortgage companies will merge to stay afloat, and many others will go under. Recruiting battles for LOs remain fierce, mortgage executives and LOs told HousingWire.

Mortgage 446

Mortgage Brokerage Retail Business 446

Eppraisal

APRIL 20, 2021

According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. Have Your Financing in Order If you're in the market to buy a home in the near future, the most important item on your agenda is to have proof that you have enough cash for the purchase or are pre-approved for a mortgage.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

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 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

JULY 25, 2023

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? for purchase mortgage origination, and he is taking the stage at HW Annual. During the Peak Performers sessions, Weaver will share his 10 points to high-level loan originations. My customer is the real estate agent.

Real Estate Agent 316

Real Estate Agent Mortgage Real Estate Training 316

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.

Business 74

Business Retail Realtors Loan Officers 74

Cornerstone

MAY 4, 2021

It’s true that some repairs may be needed, but it’s a smart move to consult with a real estate agent to find out which improvements are important — and which might not make a difference to prospective buyers. Love your loan as much as you love your new house. You: I’m selling my house. What should I do next?

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41