Housing Wire

SEPTEMBER 27, 2022

According to data by mortgage technology platform Modex , LemonBrew loan officers produced $347 million over the last 12 months. The vast majority of loans – more than 80% – are originated by Rocket Mortgage , the data shows. Presented by: Acra Lending. It has over 6,000 agents. It rebranded in summer of 2020.

Brokerage 362

Brokerage Lending Loan Officers Technology 362

Housing Wire

DECEMBER 11, 2023

Not surprisingly, affordability is inextricably linked to fair housing , as fair housing (and lending) for all is foundational to affordability for all. According to the CFPB, hundreds of loan officers at BofA failed to ask mortgage applicants demographic questions and falsely reported that they had chosen not to respond.”

Real Estate Agent 420

Real Estate Agent Real Estate Agents Lending 420

Housing Wire

JULY 12, 2023

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. It shouldn’t surprise you that a sizable percentage of newer LOs and real estate agents are washing out in the current market.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Loan Officers 370

Housing Wire

OCTOBER 2, 2023

BLVR – a marketing and promotional campaign launched by EPM on Monday – aims to reach as many retail loan officers to provide information about the wholesale channel. When retail loan originators visit the website, LOs are asked to fill out their names, contact information and comments or questions about wholesale lending.

Retail 404

Retail Loan Officers Lending Business 404

Housing Wire

NOVEMBER 1, 2021

If you’re planning on staying in the mortgage business in 2022, you’re probably already shifting your strategy to better enable you to originate purchase money loans next year. That means you’ve been thinking about real estate agents…a lot. It’s the real estate agent who has the consumer’s trust at this point.

Real Estate Agent 385

Real Estate Agent Real Estate Agents Lending 385

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Target buyers for Cliffco include non-traditional buyers seeking investor loans.

Loan Officers 376

Loan Officers Agents Retail Technology 376

Housing Wire

NOVEMBER 7, 2023

Potter added: “Government lending would come to a halt. “But agent commissions have never been a closing cost from a buyer perspective. We don’t even know if the buyer’s agent fee would be an allowable closing cost because they might not even be a material necessity to the transaction.” Grant said.

Agents 444

Agents Sellers Buyers Finance 444

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.

Loan Officers 378

Loan Officers Mortgage Lending Real Estate Agent 378

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 359

Lending Real Estate Agent Real Estate Technology 359

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

Lending 332

Lending Technology Tools Loan Officers 332

Housing Wire

DECEMBER 6, 2023

The partnership will boost loan officers ’ capacity to deliver personalized, efficient and tech-powered solutions directly to their clients and agents. Miami-based fintech provider LoanPASS integrated Uplist ’s suite of home-shopping tools into its pricing engine, the company announced in November.

Loan Officers 383

Loan Officers Tools Clients Technology 383

Housing Wire

MAY 22, 2024

It represented a modest recovery for a highly underutilized option within a wider and similarly underutilized lending program sponsored by the federal government. Education and new business RMD spoke with three national managers at different lending companies who deal in the reverse mortgage product.

Mortgage 348

Mortgage Loan Officers Lending Business 348

Housing Wire

JUNE 30, 2021

The ideal real estate agent-lender relationship is symbiotic: the agent earns trust with their borrowers by connecting them with a great lending resource, while the lender receives a steady stream of business from the agent. Still, lenders are wise to cultivate rapport with real estate agents. Simple, right?

Real Estate Agent 404

Real Estate Agent Real Estate Agents Lending 404

Housing Wire

FEBRUARY 14, 2024

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. It also arms the borrower’s real estate agent with a more powerful offer to win their client’s next property.

Buyers 369

Buyers Loan Officers Real Estate Agent Agents 369

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 359

Real Estate Agents Real Estate Agent Clients 359

Housing Wire

OCTOBER 3, 2023

Through the partnership with agents at Keller Williams GLG, mortgage professionals at Onward Home Mortgage and Newrez will target borrowers in the Southeast United States. Headquartered in Roswell, Georgia, Onward Home Mortgage specializes in residential purchase mortgage lending and has a presence in the greater Georgia and Alabama areas.

Real Estate Agent 385

Real Estate Agent Mortgage Realty Loan Officers 385

Appraisal Buzz

SEPTEMBER 14, 2021

Appraisers have been accused of being “speed bumps” in the lending process. We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. The post Agents, Don’t Skip the Appraisal appeared first on Appraisal Buzz. In some ways, I can understand their … Read More.

Agents 195

Agents Appraisal Real Estate Agent Loan Officers 195

Appraisal Buzz

MAY 22, 2024

In addition, Finaya has announced a definitive merger and acquisition agreement with Nexme, a real estate app with a distinctive “tour now” capability that lets buyers request home tours on demand, and real estate agents to service their requests in real time.

Insurance 195

Insurance Real Estate Agent Mortgage Real Estate 195

Housing Wire

FEBRUARY 14, 2023

Insellerate Modern CRM, Engagement & Customer Intelligence Platform Insellerate helps loan officers close more loans with our award-winning modern CRM, Lead Management, and Engagement platform, which handles all your lending channels, retail, wholesale, TPO, Consumer Direct, and Reverse.

Loan Officers 304

Loan Officers Modernization Real Estate Agent Retail 304

Housing Wire

APRIL 23, 2024

Most real estate agents are freelance employees, but some mortgage loan officers, account executives and marketing personnel are bound by such agreements. In the housing space, non-competes are more likely to affect executives than rank-and-file employees.

Real Estate Agent 403

Real Estate Agent Loan Officers Lending Real Estate 403

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

Lending 446

Lending Mortgage Technology Business 446

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

Clients 385

Clients Agents Buyers Sellers 385

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

Loan Officers 349

Loan Officers Mortgage Real Estate Agent Real Estate 349

Housing Wire

JUNE 22, 2023

The lender maintained their servicing portfolio, servicing about $1 billion of Fannie Mae , Freddie Mac and Ginne Mae loans. AmeriFirst will keep physical branches in 20 states, but under a new corporate model, no branch managers will make an override on the production of the loan officers they manage.

Loan Officers 335

Loan Officers Mortgage Real Estate Agent Business 335

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 288

Real Estate Agent Real Estate Agents Loan Officers 288

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. And Rocket is well aware.

Loan Officers 357

Loan Officers Retail Real Estate Agent Real Estate 357

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Niche loans consist of about 5% of Parkinson’s business. “It’s Being on multiple builders’ lists is a way to rack up more deals for loan officers. “A

Loan Officers 390

Loan Officers Mortgage Inventory Clients 390

Housing Wire

APRIL 4, 2022

Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. The purchase price “represents a $72.5 Presented by: 1000watt.

Mortgage 368

Mortgage Real Estate Agent Loan Officers Agents 368

Housing Wire

MAY 6, 2024

Title agents historically have felt like they played second fiddle to other players in the buying and selling of real estate. Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer.

Real Estate Agent 307

Real Estate Agent Real Estate Project Management Agents 307

Housing Wire

JUNE 6, 2023

Rocket Mortgage is looking to hire local loan officers at a time when mortgage rates are high and the industry remains heavily reliant on the purchase market. According to Rocket’s job post, the loan officer position is remote and requires a minimum of three years of experience in mortgage loan origination.

Loan Officers 302

Loan Officers Mortgage Retail Real Estate Agent 302

Housing Wire

SEPTEMBER 30, 2020

Borrowers, loan officers and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is able to “surround and extend” loan origination systems to provide a more efficient lending experience.

Lending 197

Lending Real Estate Agent Loan Officers Architecture 197

Housing Wire

JANUARY 17, 2023

“The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A These hopes for a declining rate have many loan officers feeling optimistic about 2023’s business prospects after experiencing lower volumes last year. “I A 5% market will be good. Make a plan.

Loan Officers 351

Loan Officers Marketing Real Estate Agent Real Estate 351

Housing Wire

JULY 16, 2021

Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The company will be headquartered in Santa Ana, California, Stearns said, home of Kind Lending. Unclear is what pressure eXp’s agents may feel to direct their clients to Success.

Mortgage 389

Mortgage Lending Brokerage Agents 389

Housing Wire

NOVEMBER 3, 2021

Year-over-year the number of agents and brokers increased 82% in Q3 2021 to 65,269. Jeff Whitside, the CFO and chief collaboration officer of eXp World Holdings, added that the company’s cloud-based model is continuing to attract a large number of top performing agents. Gross profit for the quarter came in at $79.5

Brokerage 321

Brokerage Lending Realty Agents 321

Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. It’s a different approach to lending. It’s the local relationships.

Mortgage 347

Mortgage Loan Officers Lending Retail 347

Housing Wire

APRIL 23, 2024

New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran Ken Krajewski to serve as managing director and head of reverse mortgage lending. US Mortgage is a national company. We are actively recruiting throughout the country.

Mortgage 312

Mortgage Loan Officers Investors Business 312

Housing Wire

SEPTEMBER 7, 2022

Setting your sights on the future is important for any business owner, agent or loan officer looking to find success in the ever-changing housing market. The Future of Lending sponsored session on Oct. The two speakers will discuss the technology platforms that loan officers need to bring their work into the 21st century.

Loan Officers 403

Loan Officers Advertising Technology Realty 403