Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors.

Investors 441

Investors Housing Market Finance Construction 441

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

DECEMBER 11, 2020

The recent string of executive-level hires is part of a company focus to prepare for growth through the end of this year and into 2021. In his new role, Johnson oversees the company’s operations and is tasked with the development of Offerpad’s product team.

Lending 394

Lending Legal Clients Development 394

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HW: Where would you advise clients and colleagues to focus their technology resources as we navigate the second half of 2020 and prepare for 2021?

Business 410

Business Lending Technology Clients 410

Housing Wire

AUGUST 9, 2021

While the non-QM market took a hit during the early part of the pandemic, these loans are making a comeback and are expected to continue to grow in 2021. HousingWire: What does the performance of non-QM in the first half of 2021 tell us about the future of non-QM lending? We can save the deal for our clients and the borrower.

Investors 410

Investors Clients Lending Real Estate 410

Housing Wire

JULY 22, 2022

“Personal loans are a really smart way for customers to reduce the cost of high-interest credit card debt or to help finance unexpected purchases,” said Anand Cavale, executive vice president and head of unsecured lending product at Guaranteed Rate. ” The personal loans could also be a good source of leads for mortgages down the road.

Mortgage 397

Mortgage Lending Finance Retail 397

Housing Wire

MARCH 31, 2022

By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership. WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives. properties.

Real Estate 396

Real Estate Human Resources Technology Clients 396

Housing Wire

APRIL 22, 2022

The Nima Ghamsari-led fintech is doubling down on its long-term strategy to offer a complete digital origination journey for clients. ” Blend is reducing general and administrative expenses in human resources, finance, and legal, but decided not to cut costs related to engineering and product development.

Mortgage 397

Mortgage Marketing Human Resources Clients 397

Housing Wire

SEPTEMBER 21, 2021

While the rise of digital technology has permanently shifted the world of lending, many borrowers still look for a human-touch experience to help create trust and transparency throughout the lending process. “A HW: Where would you advise clients and colleagues to focus their technology resources as we navigate the second half of 2021?

Technology 354

Technology Lending Clients Insurance 354

Housing Wire

JUNE 2, 2022

An LO with a client at the closing table. The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? In 2021, S&P Global estimated non-QM volume reached $28.6

Lending 384

Lending Investors Mortgage Clients 384

Housing Wire

NOVEMBER 2, 2023

We also continue to keep our eye on any disruption in the warehouse lending space and see as an area of potential focus headed into 2024. with 85% owned by individual investors and LLCs based on 2021 U.S. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers.

Investors 449

Investors Real Estate Lending Loan Officers 449

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 Jobs are important.

Real Estate 383

Real Estate Brokerage Real Estate Agent Technology 383

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. The brokers were in agreement that recruiting talent and maintaining strong partnerships will be key to not only brand development, but a lasting foundation that will continue post-pandemic. “So

Retail 370

Retail Mortgage Loan Officers Marketing 370

Lamacchia Realty

NOVEMBER 30, 2021

We are thrilled to announce our Business Development team has expanded to Florida! Theresa Ercoli, a Florida resident, will be the first business development consultant based out of the Fort Lauderdale office and we cannot wait to see what she accomplishes! Vice President of Business Development. “I Jackie Louh. John Millen.

Development 64

Development Business Realty Realtors 64

Housing Wire

SEPTEMBER 30, 2021

Meanwhile, borrower’s real estate agents, brokers, and financial advisers may not even have access to those systems, preventing them from supporting their clients through what is typically the largest financial transaction of their lifetime. Hassan Rashid, Chief Revenue Officer. Mohammad Rashid, Head of Fintech Practice.

Loan Officers 375

Loan Officers Architecture Real Estate Agent Clients 375

Housing Wire

AUGUST 1, 2022

“With our new home equity loan, clients can improve their lives by having a payment they can more comfortably afford.” credit card balances in the first quarter were $841 billion, $71 billion higher than the same period in 2021, according to a report from the Federal Reserve Bank of New York. ” U.S.

Renovations 384

Renovations Lending Mortgage Investing 384

Housing Wire

FEBRUARY 8, 2022

in early 2021 as part of a larger plan to expand its origination reach beyond California — with the goal of creating a national lending footprint. . That plan is now in full motion and, if successful, will double the lender’s origination volume this year, compared to 2021 — most of it in the non-QM space.

Marketing 370

Marketing Retail Lending Mortgage 370

Housing Wire

OCTOBER 27, 2022

Dave Parker understands the business side of mortgage lending and has brought to market new solutions that cut to the core of what the mortgage industry needs,” Neville said in a statement. LoanLogics was acquired by private investment firm Sun Capital Partners in 2021.

Technology 381

Technology Mortgage Lending Business 381

Housing Wire

AUGUST 30, 2022

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 410

Tools Lending Technology Valuation 410

Housing Wire

MAY 5, 2021

And the country’s largest mortgage lender expects a good-sized slowdown in the second quarter of 2021. All told, the Detroit lending powerhouse originated $103.6 One other interesting development is the growth in its Rocket Pro Insight program, which gives real estate agents insight into their clients’ mortgage process.

Mortgage 421

Mortgage Real Estate Agent Real Estate Clients 421

Housing Wire

JANUARY 27, 2022

Receiving Federal Reserve approval paves the way for us to create a premier Midwestern bank that will provide significant benefits for our clients, team members, communities and shareholders,” said Old National CEO Jim Ryan. billion acquisition of First Midwest to close in “late 2021 or early 2022,” but it first required regulators’ blessing.

Advertising 397

Advertising Modernization Retail Development 397

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. The topic of the panel discussion: “What’s New in Non-Agency?”. “I

Loan Officers 450

Loan Officers Lending Mortgage Housing Market 450

Housing Wire

DECEMBER 16, 2021

One experienced mortgage veteran who interviewed with Interfirst for a sales manager position said the company described its strategy as hiring neophyte LOs and putting them in a consumer direct setting, with no outside or self-sourced business, “where websites like Lending Tree & Rate.com drive you clients with rates.25%

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

NOVEMBER 10, 2022

Freedom Mortgage’s loan origination volume fell by the second-largest pace this year among the top mortgage lenders compared to 2021. Since its infamous layoff of 900 workers via Zoom in December 2021, the company had five layoffs totaling thousands of employees within a year. Those jobs started to become offshore starting February.”.

Mortgage 370

Mortgage Loan Officers Lending Business 370

Housing Wire

JUNE 10, 2021

HousingWire: Why is non-QM so important for originators to utilize in 2021? It was projected in Q4 of 2020 that refinance volume would be cut in half in 2021 and we are definitely seeing the slowdown. These unique individuals know every aspect of non-QM because our main focus is on non-QM lending. Each market is different.

Clients 384

Clients Business Mortgage Investors 384

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. billion in 2021. Its parent Rocket Companies rode the wave to a stunning $9.4 And Rocket is well aware.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

JUNE 11, 2021

A recent Mortgage Bankers Association forecast predicted that purchase originations in 2021 will grow 16.4% Purchase originations require enhanced communication with clients and typically take longer to reach the finish line. And there’s one lending partner that has the solutions and resources to give LOs just that.

Appraisal 372

Appraisal Clients Insurance Lending 372

Housing Wire

OCTOBER 6, 2022

The platform was designed and developed using direct broker feedback, which shaped our workflow and functionality,” said Kim Nichols, senior managing director of Pennymac TPO. of marketshare in the broker channel in the second quarter, which was a decline from the second quarter of 2021. In all, it laid claim to 2.2%

Tools 370

Tools Technology Business Design 370

McKissock

MARCH 2, 2021

As an experienced appraiser, you’ve likely encountered pressure to hit the purchase price or develop your appraisal based on a predetermined value. Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What?

Appraisal 103

Appraisal Contracts Market Value Clients 103

Cleveland Appraisal Blog

OCTOBER 29, 2021

Therefore, for each sale, we must develop a reliable opinion of the value of its land. Therefore, an appraiser needs to have access to reliable replacement and/or reproduction cost data and be able to develop a supportable opinion of the value of the land. We’ve just developed the total economic life for one of the sales.

Appraisal 365

Appraisal Development Finance Lending 365

Housing Wire

OCTOBER 14, 2022

Now retired, Mohtashami has years of direct lending experience and his astute analysis of economic data allows him to present a unique, informed and unbiased perspective on the financial markets. She was also named a 2021 HousingWire Woman of Influence. economy and specializes in the housing market. real estate research firm, in 2001.

Housing Market 479

Housing Market Marketing Real Estate Finance 479

Housing Wire

JULY 19, 2021

The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. The startup, led by co-founder Ghamsari, helped 291 clients process roughly $1.4 “So, the roadshow was very, very well received.”

Insurance 384

Insurance Investors Technology Real Estate Agent 384

Housing Wire

AUGUST 25, 2022

The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. However, the product’s volume was pacing at a 49% annual growth rate between January 2022 and June 2022, compared to the same period in 2021. ” Just a little less vanilla. ” Tapping that equity.

Mortgage 397

Mortgage Loan Officers Finance Investors 397

Lamacchia Realty

APRIL 8, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . So, adding reverse just makes good business sense. JS : It all starts with originators educating themselves.

Housing Market 370

Housing Market Business Mortgage Marketing 370

Housing Wire

FEBRUARY 11, 2022

trillion in 2021. 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.

Marketing 397

Marketing Real Estate Agent Loan Officers Advertising 397