2022 Loan Officers Tools Training 
Housing Wire
APRIL 1, 2024
In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the UPB has diminished right.
Housing Wire
JUNE 5, 2023
As the top mortgage lender, we are always building, growing and improving broker tools on a daily basis. More people are realizing that not only is the wholesale channel the best place for a consumer to get a loan, but it’s also the best place for a loan officer to work and the best lending partner for a real estate agent.
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Housing Wire
MARCH 15, 2023
The AI-powered language tool has been sparking conversations about where and how it can be used to make work more efficient, and the mortgage business is no exception. ChatGPT was launched in November 2022 by OpenAI. The tool has been trained on millions of pages of writing dating from 2021 and earlier across the internet.
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.
Housing Wire
JANUARY 17, 2024
Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased!
Housing Wire
AUGUST 31, 2023
And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. A trained and vetted third party can perform the data collection. Who is eligible to take advantage of them?
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 2022, while refinance origination will dip by 62% to $860 billion from $2.26 trillion in 2021.
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