Housing Wire

FEBRUARY 7, 2023

The lender originated approximately $309 million in mortgages in 2022, according to data from mortgage technology platform Modex. Per Inside Mortgage Finance data, Guild was the 26th largest mortgage originator in America in 2022, producing $19 billion in volume. billion in the fourth quarter of 2022 from $4.4

Retail 397

Retail Mortgage Loan Officers Technology 397

Housing Wire

MARCH 25, 2024

Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. In 2019, 4% of her business originated from social media, but from 2020 through 2022, it increased to an average of 30%. ban of the short-form video app. million ‘likes’ on TikTok.

Loan Officers 402

Loan Officers Tools Business Clients 402

Housing Wire

MAY 18, 2022

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? What can lenders do to dispel this common misconception with their clients?

Mortgage 418

Mortgage Clients Insurance Tools 418

Housing Wire

MAY 17, 2022

With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said. Lenders, are you prepared for 2022’s challenges? Terms of the deal were not disclosed. Presented by: DataVerify .

Logistics 318

Logistics Legal Investors Technology 318

Housing Wire

JULY 27, 2022

As agencies seek best practices, this is indicative of more specific requirements for banks, lending institutions and entities that have access to sensitive borrower data and recordable instruments. To read FundingShield’s full Wire and Title Fraud Index for Q2 2022 or other news, click here.

Contracts 292

Contracts Marketing Law Agents 292

Housing Wire

JUNE 14, 2023

There has been a seismic shift in the mortgage industry, and it has redefined how mortgage originators must approach the new market , as mortgage rates have more than doubled from their 2022 lows. Clients appreciate a smooth and hassle-free mortgage process, which can lead to positive reviews, referrals, and repeat business.

Technology 330

Technology Clients Business Mortgage 330

Housing Wire

DECEMBER 3, 2021

She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. Lenders need to be mindful that clients don’t purchase homes often and using acronyms to describe the program, terms or process can create confusion.

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Inventory Loan Officers Clients Mortgage 397

Housing Wire

JANUARY 19, 2023

There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. with a start date on August 1, 2022, in Jacksonville, Florida, according to the Nationwide Multistate Licensing System (NMLS). Shocked employees didn’t receive their last paychecks.

Mortgage 418

Mortgage Investors Legal Loan Officers 418

Housing Wire

SEPTEMBER 20, 2022

HousingWire recently spoke to Donna Gibson, COO and president of QC Ally, about fraud prevention and loan quality outlook for the rest of 2022. HousingWire: In this time of market change and as we head towards the last quarter of 2022, what are the hot topics in risk, fraud prevention and loan quality? increase) and property (22.6%

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Marketing Training Clients Technology 321

Housing Wire

NOVEMBER 2, 2023

The Detroit-headquartered lender’s GAAP net income in Q3 was $115 million, lower than the $139 million in Q2 2023 but better than the $96 million in the same period of 2022. The third-quarter production represents a 13% drop compared to the same period in 2022. Rocket generated $22.2 billion in Q2 2023.

Technology 442

Technology Tools Business Mortgage 442

Housing Wire

OCTOBER 6, 2022

The platform, which combines proprietary tools along with vendor-supplied solutions, offers an enhanced guided workflow that is “intuitive and significantly speeds up mortgage processing time at every step,” the company said in a statement Thursday. billion in originations through the broker channel in the second quarter of 2022.

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Tools Technology Business Design 337

Housing Wire

FEBRUARY 3, 2023

San Antonio, Texas-headquartered USAA eliminated 130 positions in the real estate lending group amid projections that the mortgage industry will shrink in 2023. Origination volume for USAA Federal Savings Bank dropped 39% in 2022, declining to $5.17 The layoffs at USAA Federal Savings Bank represent about 1.6% billion from $8.47

Real Estate 70

Real Estate Lending Human Resources Insurance 70

Housing Wire

MARCH 23, 2023

“Chair [Jerome] Powell stated that the recent banking sector instability is likely to lead to tighter lending requirements, which could serve to cool inflation,” Jones said in a statement. Jumbo loans are typically a tool for small banks or credit unions to get borrowers with a lot of cash to use their other banking services.

Mortgage 451

Mortgage Government Investors Marketing 451

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 353

Real Estate Brokerage Real Estate Agent Technology 353

Housing Wire

SEPTEMBER 11, 2023

The New York-based independent bank exceeded its 2022 production volume of $400 million in August, but the end goal is far more ambitious: The company is aiming to produce between $3 billion to $5 billion in origination volume annually. But the client gets to benefit from that.” And it’s looking to expand.

Loan Officers 404

Loan Officers Agents Retail Technology 404

Housing Wire

DECEMBER 10, 2021

Prior to NEO Home Loans, Mettle served as senior vice president, director of physician lending at Fairway Independent Mortgage Corporation. HousingWire: What has been the most useful tech tool for you? HousingWire: What do you think will be the big themes for the housing market in 2022?

Loan Officers 370

Loan Officers Housing Market Mortgage Tools 370

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. Whatever their clients are asking for, they must try and accommodate them as quickly as possible. And the only way to do that is to help them every step of the way.

Marketing 338

Marketing Lending Loan Officers Training 338

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. I think potential clients appreciate this.

Business 395

Business Appraisal Real Estate Agent Clients 395

Housing Wire

JUNE 13, 2022

From Multiple Listing Services (MLS) to consumer-facing giants like Zillow , Realtor.com and Redfin , the real estate industry is raising awareness about homebuyer assistance programs through agent education and self-service tools that help consumers find programs they qualify for. their lenders) if homebuyer assistance is right for them.

Real Estate 356

Real Estate Finance Tools Inventory 356

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. Overall, I think the consensus we’re hearing from clients is that the overall non-QM market is going to continue to grow in 2022. HousingWire: How is the shift from refi to purchase affecting the non-QM market? annual increase.

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Marketing Investors Technology Loan Officers 363

Housing Wire

FEBRUARY 11, 2022

trillion in 2022, while refinance origination will dip by 62% to $860 billion from $2.26 Some LOs are making inroads with potential clients through use of social media, leaning on their multilingual skills and doing old fashioned cold calling. trillion in 2021. Meanwhile, others worry that they will soon wash out of the industry.

Marketing 414

Marketing Real Estate Agent Loan Officers Advertising 414

Listing Spark

DECEMBER 15, 2022

Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. What tools and services investors should use if they want to get into owner financing. What to expect in the real estate market at the end of 2022.

Finance 36

Finance Investing Real Estate Lending 36

Housing Wire

JANUARY 26, 2024

They will try to woo you with promises of free marketing materials, high commission splits, and fancy tech tools. Marketing and Technology: The marketing strategies and technology tools provided for agents. Additionally, they have budgeted nearly $1B in the next 10 years to continue improving tools and support for their agents.

Real Estate 428

Real Estate Brokerage Agents Real Estate Agent 428

Housing Wire

JANUARY 31, 2023

Scott Miller, a former mortgage loan originator at Sprout Mortgage , knew the clock was ticking when the non-qualified mortgage (non-QM) lender abruptly closed doors in July 2022. billion in loan production in 2022, saw potential to expand in local markets by scooping up LOs that could bring over their network of local clients.

Mortgage 401

Mortgage Loan Officers Retail Finance 401

Housing Wire

APRIL 24, 2024

Mr. Cooper and Sagent signed a multiyear agreement in February 2022. By picking the right partner for cloud and technology, we were able to reallocate resources to other strategically important projects, including building proprietary tools for customer retention, loan modification and onboarding portfolios,” Bray said.

Technology 331

Technology Lending Investing Contracts 331

Listing Spark

AUGUST 11, 2022

For those that haven’t been a real estate investor before, hard money lending may be confusing. We’ll dive into hard money lending with Romney Navarro, CEO of Streamline Funding which is a Texas-based private lending company. 4:20 – The hard money lending process and the difference between that and conventional financing.

Real Estate 36

Real Estate Investors Lending Investing 36

Housing Wire

MAY 24, 2022

As 2022 proves to be a challenging year for the housing market, lenders are looking to take advantage of potential downtime by improving their internal processes. Think about your lending business model. Can you Automate the task internally using robotics process automation, workflow management or similar automation tool?

Business 389

Business Technology Lending Housing Market 389

Housing Wire

AUGUST 31, 2023

Fast forward to 2022 and Freddie Mac announced the availability of ACE+ PDR for cash-out refinance and certain “no cash-out” refinance mortgages. When the whole industry was drinking from a fire hose from 2020 through early 2022, LOs were doing their best to keep from drowning in volume.

Modernization 374

Modernization Appraisal Inspection Valuation 374

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Just sold stories If your clients are willing to be featured on your socials, celebrate their sale.

Real Estate 395

Real Estate Agents Real Estate Agent Clients 395

Housing Wire

APRIL 13, 2022

With interest rates on the rise, refis trending downwards and a significant decrease in purchase volume brought on by low inventory, mortgage lenders are looking for smart solutions to combat margin compressions in 2022 and beyond. HW: Where are areas that most lenders could improve their lending efficiency?

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Lending Tools Business Inventory 388

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Housing market trends for 2022. Opportunities for appraisers in 2022.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Housing Wire

AUGUST 21, 2023

based firms on percentage revenue growth from 2019 to 2022. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. million in a Series A funding round in 2022. Interestingly, none of the top three companies on the 2023 list made the cut in 2022. The self-reported list ranks U.S. They must be U.S.-based,

Real Estate 361

Real Estate Real Estate Agent Technology Investors 361

Housing Wire

FEBRUARY 29, 2024

Regulators at the Consumer Financial Protection Bureau (CFPB) have expressed growing concerns about fair lending issues associated with pricing exceptions. But it raises thorny questions about fair lending: Who gets the better rate and who does not? Fair lending concern To start, here’s how pricing exceptions work.

Loan Officers 419

Loan Officers Mortgage Lending Real Estate Agent 419

Housing Wire

AUGUST 16, 2023

over that same period but 25% below the volume of July 2022. Prepayment rates are likely to remain historically low for at least another year, homeowners’ equity positions are extremely strong, millions of homeowners have rates under 4%, and COVID-era loss mitigation tools give distressed borrowers loads of new options.

Retail 343

Retail Real Estate Agent Business Mortgage 343

Housing Wire

APRIL 21, 2022

Nominations for HousingWire’s Women of Influence award are now open through Friday, April 29, 2022. But Carrie Gusmus , President and CEO of Aslan Home Lending Corporation, has a more positive outlook despite the current headwinds. The future of digital mortgage isn’t removing the mortgage expert and clients helping themselves.

Mortgage 390

Mortgage Contracts Technology Lending 390

Appraisal Today

NOVEMBER 24, 2023

I got the client to write a letter to the state indicating my report did not mislead them, yet the state sanctioned me for it anyway! If my client says I did not mislead them, how can the state board say I did?!” My clients want me to hit the number. It turns out gratitude is a tool. And be ethical about it! Even better.

Appraisal 74

Appraisal Mortgage Business Contracts 74

Housing Wire

NOVEMBER 19, 2021

With over 40 years of mortgage experience, Hale has held C-suite positions for some of the top housing companies in the industry, including ClosingMark Financial Group , Stearns Lending , MetLife Home Loans , MetLife Bank , Countrywide , Wells Fargo and Fleet Mortgage. HousingWire: What has been the most useful tech tool for you?

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Real Estate Agent Tools Business Technology 327