Housing Wire

APRIL 30, 2024

After striking two M&A deals late last year, digital multichannel lender Lower plans to acquire at least one other business in 2024. In November 2023, Lower announced the acquisition of Colorado-based Universal Lending Home Loans , which became a separate division.

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Housing Wire

APRIL 1, 2024

By the end of second-quarter 2024, Flyhomes hopes to be licensed and operational in 40 states. “So, While Yen likes the product, she feels it is best handled by senior loan officers like herself, a nearly 30-year veteran of the industry. So, we are just going through that process now and on track to hit that target.

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Housing Wire

SEPTEMBER 7, 2023

“The buyers want the listing brokers to pay their buyer representative so they can have the most money invested in their down payment and get the best loan terms and rates possible,” Katie Johnson , NAR’s chief legal officer, said.

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Buyers Agents Loan Officers Real Estate 373

Housing Wire

NOVEMBER 1, 2023

Jeff Walton, CEO and co-founder of mortgage data analytics company InGenius, which provides loan-officer data to IMBs for recruiting purposes, said it’s going to be a “tough time through winter.” So, the deals aren’t as attractive to sellers. …We’ll

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Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. NAR said that the changes , if approved by the court, will go into effect in mid-July 2024.

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Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. According to data from Ingenius , tens of thousands of loan officers exited the industry in 2023. An additional 21% closed 1.5

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Business Mortgage Loan Officers Inventory 401

Housing Wire

FEBRUARY 15, 2024

And if the DPA loan does not come from a national DPA provider, loan officers need to have underwriting guidelines rewritten to the DPA provider’s standards, which could take longer than getting a conventional loan. “A A lot of these programs that I’ve heard of could take 45 to 60 days to get to the finish line.

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Mortgage Buyers Loan Officers Sellers 438

Housing Wire

DECEMBER 11, 2023

When rates go down by a point, people sit on the sidelines because the consumers and the sellers want to know what the market is going to be when they sell the house. For 2024, roughly 75% of origination volume is expected to come from purchase loans. in 2024, followed by 5.5% in 2024 before declining to 6.9%

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Mortgage Buyers Inventory Technology 450

Housing Wire

APRIL 16, 2024

Earlier in the year, RMD spoke to reverse mortgage managers and loan officers across the country, who did in fact report a more steady stream of inbound inquiries and product interest. Industry perseverance But other data suggests that seniors may be more willing to move again.

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Retail Mortgage Business Loan Officers 306

Housing Wire

SEPTEMBER 26, 2023

The API, which utilizes Loan Product Advisor (LPA) AIM independent of an LPA submission, enables Freddie Mac-approved sellers and third-party originators to get a preliminary view of a borrower’s qualifying asset, income and employment before submitting a full application to LPA.

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Mortgage Tools Sellers Loan Officers 303

Housing Wire

MAY 29, 2024

In the mortgage space, loan officers, brokers and lenders are trying to figure out the best way to deal with this type of debt amid what they call a lack of guidance or transparency. But these sources also told HousingWire that they don’t see an imminent “systemic risk” tied to BNPL debt. are examples.

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Mortgage Clients Sellers Loan Officers 347

Housing Wire

DECEMBER 11, 2023

When affordability meets fair housing Recently, during a coaching session with an agent, that agent shared how a recent seller, Bob, sold his home of 20 years and made so much money on the sale that he was able to purchase a retirement home in Savannah, Georgia, and have plenty of money left over for a nice retirement nest egg.

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Housing Wire

JULY 19, 2023

It [publicity] helps the advisors, and it helps the [loan-officer] recruiters, but it doesn’t exactly help the buyer and seller trying to get settled in a transition of the assets of the company.” So, what people are now talking about is mid-2024 or maybe 2025 will be a killer [renewed boom].”

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Mortgage Marketing Buyers Lending 365

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. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

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Mortgage Loan Officers Finance Investors 384

Genworth MI Blog

FEBRUARY 29, 2024

Property value impacts not only the seller, but the borrower too after all. Accuracy is key, as property value is at stake for sellers and borrowers alike! series session on March 4 th , 2024 at 12PM EST. You won’t want to miss it! And what better way to test your appraisal knowledge than to attend a training webinar?

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Appraisal Inspection Training Real Estate 88

Appraisal Today

JANUARY 12, 2024

FHFA Report: Underutilization of Appraisal Time Adjustments Published: 1/8/2024 Excerpts: Fannie Mae, Freddie Mac, and Federal Housing Administration appraisal guidelines require such adjustments whenever market conditions have been changing. over the course of 2024, declining from the 2023 average of 6.9%. baths, 7,455 sq.ft.,

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