Housing Wire

AUGUST 1, 2023

Coming off multiple quarters of financial losses , Rocket has accelerated those efforts in 2023, embarking on a remote local loan officer hiring spree designed to capture purchase market business from real estate agent connections, sources told HousingWire.

Loan Officers 354

Loan Officers Retail Real Estate Agent Real Estate 354

Housing Wire

OCTOBER 5, 2023

That offering, Unlock HEA Trust 2023-1, is slated to close this week. This is a watershed moment for many different reasons as now these [HEAs] can start to become more of a mainstream asset class that a significant number of investors will want to participate in. billion, according to offering documents.

Housing Market 386

Housing Market Marketing Contracts Finance 386

Housing Wire

MAY 3, 2023

.” The FOMC noted that it was still targeting a 2% inflation rate , and in doing so, will “take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.”

Real Estate Agent 375

Real Estate Agent Inventory Loan Officers Mortgage 375

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. Inside Mortgage Finance (IMF) data shows that First Republic held the jumbo crown in the first quarter of 2023, with $3.7 billion in the first quarter of 2023, down 31.6% IMF data suggests BofA’s production in Q1 2023 was $2.8 year over year.

Marketing 315

Marketing Retail Mortgage Investors 315

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. ” Just a little less vanilla. But non-QM is a fairly dangerous space right now. and Sprout Mortgage.

Mortgage 390

Mortgage Loan Officers Finance Investors 390

Housing Wire

DECEMBER 21, 2023

Sarah Wheeler: You joined Guaranteed Rate in January of 2023. SW: As a product leader, how did you think about products coming into a year like 2023? KA: Coming into 2023, a lot of people were just thinking about survival and there was a lot of movement going on with investors. What drew you to that role?

Technology 330

Technology Investors Development Loan Officers 330

Housing Wire

SEPTEMBER 14, 2023

Real estate investment trust Redwood was founded in the early 1990s as the need for more private investors in the mortgage market grew. “We would partner with banks to buy their loans and securitize them so the banks could recycle their capital.” Abate: There are a couple of things investors care about.

Investors 323

Investors Investing Mortgage Real Estate 323

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. But Woodward struggled to originate purchase loans. “I Without that being built, I was starting from scratch.

Mortgage 521

Mortgage Marketing Retail Lending 521

Lamacchia Realty

MARCH 4, 2024

Whether you are a first-time homebuyer or a seasoned investor, choosing the right mortgage broker can significantly impact your overall home-buying experience. A knowledgeable mortgage broker is always up to date on the latest developments, ensuring that your mortgage transaction proceeds smoothly and without legal hiccups.

Mortgage 66

Mortgage Legal Realty Buyers 66

Appraisal Today

JANUARY 12, 2024

over the course of 2024, declining from the 2023 average of 6.9%. The small rate declines expected will aid affordability to a minor degree after the surge in housing costs for buyers in 2022–2023. They are risky for the lender and its investors. But far higher expenses than pre-2020 norms will remain. Bright MLS – 6.1

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection.

Appraisal 52

Appraisal Architecture Business Contracts 52