Housing Wire
JUNE 17, 2022
Do loan officers need more technology than they currently have? Most loan officers do not believe they need more tech than they have now. Most loan officers do not believe they need more tech than they have now. Being a loan office hasn’t changed. Being a loan officer (LO) hasn’t changed.
Housing Wire
OCTOBER 10, 2023
That’s because real estate agents and loan officers are in survival mode and desperate to close new business. Under MSAs, a lender or title insurer markets the services of a real estate agent or brokerage, and vice versa, in exchange for a set fee. For lenders and brokerages, the risks of LOs or agents overstepping are high.
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Housing Wire
APRIL 19, 2022
The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Loan officers working for depository banks are not bound by the same requirements. Regulations to oversee them all.
Housing Wire
MAY 6, 2024
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. During the housing crisis of 2008, the title industry suddenly emerged from obscurity into full view.
Housing Wire
APRIL 5, 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. . .” Real estate agents and LOs: the great collaboration. “I had one client in St.
Housing Wire
JULY 16, 2021
Joseph arrives in her new role with a useful background – she worked as a loan officer earlier in her career. Last month, FHA insured over 4,000 HECMs originated by many of you and others in your organization,” Joseph said. The FHA is encouraged by the performance of the HECM program, Joseph said at the NRMLA conference.
Housing Wire
NOVEMBER 8, 2021
“I just closed two or three transactions with VA loans in 21 days, so you can’t tell me that we can’t close in under 30 days,” said San Diego-based Compass agent Todd Armstrong. Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender.
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