Housing Wire

OCTOBER 22, 2020

It’s worth looking inside the numbers though as we head toward year-end and think about 2021 strategies. 2021 is expected to show refinance volume being cut nearly in half by just over $800bb, almost 50% of 2020. Despite this contraction, 2021 is forecasted to be a larger overall year than 2019 by approximately $195bb.

Mortgage 400

Mortgage Training Contracts Loan Officers 400

Housing Wire

AUGUST 3, 2022

The most recent layoff came on Tuesday when the California-based lender eliminated several hundred positions, including loan officers, mortgage underwriters, processors and training specialists, multiple former employees said. billion in mortgages in 2021. from the first six months of 2021. “In

Human Resources 414

Human Resources Loan Officers Mortgage Training 414

Housing Wire

SEPTEMBER 2, 2020

The company is hiring for positions with multiple experience levels including loan officers, mortgage underwriters and loan processors. Mr. Cooper is also looking for potential Home Advisors, a company curated hybrid role that focuses on servicing customer loans and originating mortgage products.

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Training Loan Officers Development Mortgage 372

Housing Wire

MARCH 15, 2023

The tool has been trained on millions of pages of writing dating from 2021 and earlier across the internet. In its development, it was trained using 2021 data, so it often includes outdated or factually inaccurate information in its generated content. ChatGPT was launched in November 2022 by OpenAI.

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Tools Training Business Development 344

Housing Wire

NOVEMBER 23, 2021

will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.

Mortgage 371

Mortgage Loan Officers Retail Technology 371

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, the third-biggest lender by volume in 2021 , laid off at least 114 employees in its home lending division this year. This list will be updated throughout the year.

Mortgage 413

Mortgage Loan Officers Lending Human Resources 413

Housing Wire

JUNE 10, 2022

Erickson will be in charge of product management, the procurement and advancement of technology solutions and will oversee the training department and support teams for Motto Mortgage and wemlo. For wemlo, his primary focus is to enhance the existing loan processing platform to improve user experience.

Marketing 383

Marketing Real Estate Agent Lending Real Estate 383

Housing Wire

NOVEMBER 10, 2022

It affected at least 50% of the staff, positions in operations and loan officers, according to multiple former employees. The layoffs impacted both the retail and wholesale channel and their positions following a training period of overseas staff, according to multiple sources. over the past 12 months to 6,121. Not much better.

Mortgage 367

Mortgage Loan Officers Lending Business 367

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. trillion in 2021. trillion in 2022, while refinance origination will dip by 62% to $860 billion from $2.26

Marketing 390

Marketing Real Estate Agent Loan Officers Advertising 390

Housing Wire

NOVEMBER 2, 2023

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. The high interest rate environment has created a situation with more brokers wanting training to become experts in non-QM.

Investors 400

Investors Real Estate Lending Loan Officers 400

Housing Wire

AUGUST 7, 2020

Shoemaker predicted low rates will continue through 2021 but said that companies that are going to succeed after a shift to higher rates will be the ones that work on lower-cost platforms, have more flexibility from an execution standpoint, focus on purchase and have a willingness to build relationships with referral partners.

Retail 369

Retail Mortgage Loan Officers Marketing 369

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. billion in Q2 2022, a 7% increase compared to Q1 2022 and 56% compared to Q2 2021. In total, FoA funded $4.23

Mortgage 391

Mortgage Loan Officers Finance Investors 391

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. of all endorsements in 2021. Diagnosing low H4P uptake. Harlan Accola. One of our 10 values is speed.

Business 350

Business Real Estate Agent Real Estate Loan Officers 350

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 356

Marketing Retail Lending Mortgage 356

Housing Wire

JANUARY 27, 2023

The majority of lenders easily lost half of the volume last year that they originated in 2021, and LOs who have their own databases to tap into are highly sought after. The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan.

Lending 379

Lending Real Estate Agent Loan Officers Retail 379

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. About 40% of his business came from refis in the summer of 2021 even when his focus was on purchase mortgages his entire career. The last two years have been good to Christian Dicker.

Housing Market 420

Housing Market Marketing Brokerage Real Estate 420

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. To 2021 and beyond.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

APRIL 13, 2022

In 2021, housing prices jumped by 19% – the biggest rise in a half-century, with the percentage of first-time homebuyers falling to its lowest level in decades (31%). Incentivizing developers is necessary. Black homeownership rates have declined from 48.4% in 2001 to 44.8%

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Insurance Construction Government Lending 378

Housing Wire

NOVEMBER 5, 2020

HousingWire sat down with White to talk about his strategy to fulfill the “NAMB for ALL” mission in 2021. It reminds me of the early 2000s, when the focus was growth and anyone who had a heartbeat could become a broker, whether they had proper training or not. HousingWire: What’s the biggest challenge for mortgage brokers right now?

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Mortgage Loan Officers Tools Training 450