Housing Wire

AUGUST 17, 2022

A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer at Simple Nexus.

Lending 356

Lending Real Estate Agent Real Estate Technology 356

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. The startup says it has also partnered with top local real estate agents who know their way around the markets they serve.

Lending 437

Lending Real Estate Real Estate Agent Modernization 437

Housing Wire

APRIL 23, 2024

The rule follows through on an Executive Order issued by President Joe Biden in the summer of 2021, who directed the FTC to ban or limit such agreements in the U.S. It’s not common practice in the mortgage and real estate industries to make use of noncompetes. labor force.

Real Estate Agent 396

Real Estate Agent Loan Officers Lending Real Estate 396

McKissock

JANUARY 5, 2021

Last month (December), we asked our CE Plus members , “What are your career goals for 2021?” Real Estate Career Goals For 2021. ” A lot of real estate agents stated that they wanted to “earn more” in the new year than they did in the previous year. Here’s what they had to say.

Real Estate Agent 79

Real Estate Agent Real Estate Agents Clients 79

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. million in 2021. Kasle said Radius brought in $2.2 Expansion will come in iterations, he said.

Brokerage 392

Brokerage Real Estate Lending Mortgage 392

Housing Wire

JANUARY 31, 2023

Mugge, a mortgage industry veteran with more than two decades in technology and business management, will lead the company’s push to secure high-profile mortgage lending partners to offer Calque’s products. Launched in 2021, Calque offers a number of products geared toward borrowers who want to buy a new home and move before they sell.

Real Estate Agent 291

Real Estate Agent Mortgage Lending Technology 291

Housing Wire

MARCH 25, 2021

The HW Marketing Leaders make up the best and brightest minds in marketing within mortgage lending, servicing and real estate. We reached out to DeCiantis to learn more about how UWM managed to pivot its marketing strategies in 2020 and what her team is looking forward to most in 2021. Click here to nominate someone.

Real Estate Agent 319

Real Estate Agent Clients Tools Real Estate 319

Housing Wire

FEBRUARY 29, 2024

“Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. Mike did not hesitate: “I did more pricing exceptions for the real estate agent,” he said in an interview on the day of the loan closings. She’s well educated. It’s not without risk.

Loan Officers 371

Loan Officers Mortgage Lending Real Estate Agent 371

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

JANUARY 10, 2023

Kleber Santos , CEO of consumer lending since his appointment in July, said the bank will continue to be the primary mortgage lender to Wells Fargo bank customers and minority homebuyers through its mortgage retail team. “As In practice, the bank’s portfolio on correspondent lending was already in free fall. That was good for no.

Lending 477

Lending Real Estate Agent Mortgage Finance 477

Housing Wire

JUNE 10, 2022

Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. for Planet Home Lending, will focus on increasing market share by adding branches and loan originators. Edelen most recently was a regional sales manager at Nations Lending.

Marketing 368

Marketing Real Estate Agent Lending Real Estate 368

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. “The agent is crucial,” he added. trillion in 2021.

Realtors 394

Realtors Real Estate Agent Real Estate Agents 394

Housing Wire

JANUARY 10, 2022

Currently, the lender ranks sixth place among the top wholesale lenders in the nation, though its rebranding could signal that PennyMac is looking to increase its market share in the wholesale lending space. In the wholesale lending space, there has been a notable push to entice brokers to come onboard. As of Sept.

Real Estate Agent 342

Real Estate Agent Lending Real Estate Technology 342

Housing Wire

DECEMBER 13, 2021

Consumers have flipped the script on lenders and real estate agents when it comes to the home-buying process. Ninety percent of consumers start their home search online and many get prequalified for financing before they even reach out to a real estate agent. It’s a perfect circle of success.”

Real Estate 414

Real Estate Real Estate Agent Agents Clients 414

Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market. According to its earnings report, UWM originated $38.8

Mortgage 309

Mortgage Real Estate Agent Real Estate Clients 309

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 353

Loan Officers Retail Real Estate Agent Real Estate 353

Housing Wire

JULY 29, 2022

About 39% of 210 senior mortgage executives representing 189 lending institutions said cost-cutting was the most important agenda item, the first time that has happened since 2017, according to Fannie Mae ‘s mortgage lender sentiment survey. billion in loan origination volume in 2021.

Mortgage 377

Mortgage Loan Officers Lending Real Estate Agent 377

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. ” In fall of 2021, Chicago-based Interfirst laid off hundreds of employees.

Mortgage 519

Mortgage Marketing Retail Lending 519

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 349

Mortgage Retail Lending Loan Officers 349

Housing Wire

AUGUST 28, 2023

In Q2, Better decided to wind down its in-house real estate agent business to focus on partnering with third-party real estate agents. Better scaled down about 91% of its workforce over an 18-month period to 950 team members as of June 8, from 10,400 employees in Q4 2021. “As

Real Estate Agent 320

Real Estate Agent Real Estate Agents Business 320

Housing Wire

JULY 25, 2023

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? HousingWire: What do lending executives need to understand when it comes to supporting top producers? My customer is the real estate agent. Mindset is everything. Weaver is the No. 1 LO in the U.S.

Real Estate Agent 254

Real Estate Agent Mortgage Real Estate Training 254

Housing Wire

AUGUST 21, 2023

Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. The company was No.

Real Estate 355

Real Estate Real Estate Agent Technology Investors 355

Housing Wire

JANUARY 24, 2022

In October 2021 , Rocket Pro TPO announced that they would be connecting their broker partners with real estate agents through Rocket Homes, the company’s real estate listing platform. The company also promised to protect newly built relationships between mortgage brokers and real estate agents.

Mortgage 365

Mortgage Real Estate Agent Real Estate Agents 365

Housing Wire

OCTOBER 7, 2022

” Our real estate agent and mortgage lending partners experience a strong ROI, generating leads by engaging with consumers through unique and compelling information based on data. HW: How can real estate agents and loan officers collaborate to foster strong relationships with clients despite rising rates?

Housing Market 335

Housing Market Real Estate Agent Marketing Real Estate 335

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource.

Insurance 369

Insurance Lending Real Estate Agent Valuation 369

Housing Wire

AUGUST 11, 2021

But Rocket’s announcement provides a couple of specific ways it wants to cut into the real estate market and challenge traditional agents. Foremost is the ability for a home seller to work with an in-house Rocket real estate agent who is in “downtown Detroit” and will receive a commission of 1.5%

Real Estate 414

Real Estate Brokerage Real Estate Agent Agents 414

Housing Wire

APRIL 21, 2021

Temporary flexibilities related to employment verification, condominium project reviews, and expanded power of attorney are being allowed to expire as scheduled on April 30, 2021, the FHFA said. The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021.

Real Estate Agent 393

Real Estate Agent Valuation Appraisal Modernization 393

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 408

Mortgage Real Estate Agent Real Estate Clients 408

Housing Wire

DECEMBER 16, 2021

The revised plan would appear similar to the scrapped pay reduction in one respect – a focus on repeat business from Knock’s network of real estate agents. Founded in 2014 by Black, a founding member of real estate listings site Trulia , Knock helps consumers bid on a new home by fronting a cash offer.

Loan Officers 357

Loan Officers Real Estate Agent Real Estate Agents 357

Housing Wire

DECEMBER 12, 2022

The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. of the total first-line originations in the fourth quarter of 2021 to 27.9% from January to September, compared to the same period in 2021.

Marketing 372

Marketing Lending Retail Clients 372

Housing Wire

MARCH 17, 2021

.” Forbearance legislation and moratoriums have all but stopped foreclosure proceedings during the pandemic and will continue until at least June 2021. However, WFG officials said they expect a surge of default activity in the fourth quarter of 2021 and beyond once these initiatives are lifted.

Real Estate Agent 356

Real Estate Agent Clients Insurance Real Estate 356

Housing Wire

JUNE 14, 2022

in April 2021, to $4.51 It also plans to reduce costs by not backfilling roles and by getting out of real estate office leases. Both Redfin and Compass are considered disruptors in the real estate industry, but neither has managed profitability. How can brokers get ahead in a tight market?

Marketing 369

Marketing Real Estate Real Estate Agent Brokerage 369

Housing Wire

AUGUST 3, 2021

The purchase market reigned supreme in the second quarter of 2021, and multichannel lender loanDepot reported a 31% increase in purchase mortgage transactions from the prior quarter. in the second quarter of 2021. million in Q2 2021, compared to $427.9 billion government-insured loans in Q2 2021, down from $5.08

Marketing 370

Marketing Real Estate Agent Advertising Insurance 370

Housing Wire

APRIL 5, 2022

Rocket Pro TPO has launched a program that will guarantee financing to close in 15 days, a move to entice mortgage brokers and their real estate agent partners in a scorching-hot housing market. It also represents yet another sweetener designed to convince brokers to choose them over rival United Wholesale Mortgage.

Real Estate Agent 375

Real Estate Agent Finance Retail Mortgage 375

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. LOs interviewed by HousingWire say that they have actively ramped up their attempts to connect with prospective borrowers and real estate agents.

Marketing 385

Marketing Real Estate Agent Loan Officers Advertising 385

Housing Wire

AUGUST 14, 2023

The feature , published earlier this month, noted that Rocket embarked on a local LO hiring spree in 2023 to capture purchase market business from real estate agent connections. By the end of 2021 – when refi business was still abundant – less than 20% of Rocket’s production came from purchase mortgages.

Loan Officers 344

Loan Officers Mortgage Real Estate Agent Real Estate 344

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Merging with All Cal gets InstaMortgage much closer to local real estate partners during a period in which refis have dried up and the purchase market remains hot , said Shashank Shekhar, founder and CEO of InstaMortgage.

Retail 360

Retail Loan Officers Brokerage Technology 360