Housing Wire

JULY 7, 2021

Adwerx is the only digital advertising service designed specifically for leading mortgage lenders to automate compliant, individualized ads for loan officers and branches, and deploy digital marketing at scale to reach prospects directly, build brand awareness, and increase the productivity, recruiting, and retention of loan officers. #1.

Real Estate 284

Real Estate Advertising Loan Officers Design 284

Housing Wire

SEPTEMBER 7, 2023

Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.” Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs.

Buyers 389

Buyers Agents Loan Officers Real Estate 389

Housing Wire

FEBRUARY 15, 2024

United Wholesale Mortgage (UWM) has accused California-based brokerage and correspondent lender Mortgage Solutions FCS, dba Client Direct Mortgage, of breaching its early payoff (EPO) provision and its owner, Ramon Walker, of trademark infringement. UWM filed a lawsuit in a U.S. district court in Michigan on Wednesday.

Mortgage 308

Mortgage Legal Advertising Loan Officers 308

Housing Wire

NOVEMBER 23, 2022

Borrowers who would benefit from a temporary rate buydown are those who are getting into the market and plan on hanging onto the property for two to three years before moving up to a different type of property, Trudy Kelly, a senior loan officer at Churchill Mortgage , said.

Buyers 464

Buyers Marketing Sellers Loan Officers 464

Housing Wire

NOVEMBER 23, 2021

Guaranteed Rate ’s Shant Banosian has topped his record-setting 2020 in a big way: year-to-date, the loan officer has funded a whopping $2 billion in total origination volume, the lender announced on Tuesday. The figure is believed to be a record for a retail loan originator. billion in origination volume, across 3,551 loans.

Loan Officers 292

Loan Officers Brokerage Retail Clients 292

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. He shows up for open houses and teaches courses at real estate brokerage firms, which allowed him to build relationships with agents throughout his career.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

JUNE 5, 2023

Consumers who use a mortgage broker instead of a retail lender save $9,400 over the life of the loan and that increases to $10,400 for minorities. Consumers get a lower rate , lower fees and an exceptional client experience when they work with an independent mortgage broker. HW: How is broker market share trending?

Mortgage 363

Mortgage Retail Lending Loan Officers 363

Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As

Loan Officers 450

Loan Officers Mortgage Business Retail 450

Housing Wire

JULY 16, 2021

By both companies’ admission, a major key to Success’s success will be hiring loan officers. eXp, meanwhile, is following in the footsteps of not just Compass but most other national brokerages, including Realogy and HomeServices of America , that have their own mortgage arm. Presented by: SimpleNexus.

Mortgage 398

Mortgage Lending Brokerage Agents 398

Housing Wire

JUNE 24, 2021

After years of aggregating behavioral data from homebuyers and homesellers at the largest real estate brokerages in the country, Buyside is proud to announce the launch of their expansion into core & ancillary services by focusing on the homeowner. For more information, visit getbuyside.com or email sales@getbuyside.com.

Valuation 314

Valuation Real Estate Agent Real Estate Clients 314

Housing Wire

JULY 13, 2021

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. 2 brokerages in residential sales volume nationally – and bitter rivals.

Brokerage 294

Brokerage Real Estate Agents Clients 294

Housing Wire

OCTOBER 22, 2021

There are many more moving pieces and loan originators spend a great deal of time communicating with clients and their real estate agents. Rocket Pro TPO helps accelerate the entire mortgage process with underwriting speed and by offering brokers’ clients the information they need in a concise and clear format. .

Tools 370

Tools Clients Technology Real Estate Agent 370

Housing Wire

APRIL 20, 2021

The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences. Built on the world’s top CRM, Propertybase has enriched the platform specifically for real estate brokerages to get the most out of their data.

Real Estate 404

Real Estate Mortgage Loan Officers Advertising 404

Housing Wire

AUGUST 7, 2020

Because as loan officers, they believe that there’s nothing better than a broker channel, and to them this is most important for their consumers,” said Kortas. “We Learning to utilize that technology for a database that can be used to maintain constant contact with clients and retain business was crucial, Smallwood said. “We’re

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

FEBRUARY 22, 2023

The relationship between a loan officer and a real estate agent is one of the most important pieces of the puzzle, as the two must combine forces to help borrowers achieve their goal of buying a home. And, clients will be happier with the experience.

Real Estate 380

Real Estate Real Estate Agent Loan Officers Agents 380

Housing Wire

NOVEMBER 22, 2022

“Over the years, we’ve been more focused on organic growth, one loan officer at a time,” said Mike Brennan, who became Movement’s president in January 2021. billion in annual mortgage loan volume to its platform. . The company has 1,810 loan officers and 482 branches, Modex data shows. .

Loan Officers 382

Loan Officers Retail Business Mortgage 382

Housing Wire

MARCH 16, 2022

Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings. “We The company claims that they close loans 13 days faster and enable their loan officers to close around 15% more loans per month.

Technology 350

Technology Real Estate Agent Loan Officers Lending 350

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 351

Real Estate Brokerage Real Estate Agent Technology 351

Housing Wire

APRIL 5, 2021

25 and March 1, 628 said they would move due to natural disasters, extreme temperatures, and rising sea levels in their area, according to real estate brokerage Redfin, which conducted the survey. “I had one client in St. Out of 2,000 people surveyed between Feb. ” Real estate agents and LOs: the great collaboration.

Buyers 455

Buyers Real Estate Agent Real Estate Brokerage 455

Housing Wire

JUNE 16, 2022

The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. There’s still demand for homes, loan officers told HousingWire. “I

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

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 309

Real Estate Agent Real Estate Agents Loan Officers 309

Housing Wire

OCTOBER 14, 2020

Dan Gilbert started Quicken Loans as a small brokerage in the Detroit area 35 years ago and grew it into the nation’s largest mortgage lender. This will aid brokers in assisting their clients to the highest degree, as well as allow them to support more Americans in their goal of financing their home.

Loan Officers 301

Loan Officers Real Estate Agent Technology Clients 301

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. But there’s tens of dozens of clients who are trying and who are well qualified trying to buy houses.

Marketing 347

Marketing Mortgage Inventory Loan Officers 347

Housing Wire

APRIL 30, 2022

Before founding Reggora, Brian Zitin and Will Denslow, co-founders, launched a successful real estate brokerage. By helping clients eliminate the need for manual work, Regorra has received shining reports from customers who have benefited big from the automated platform.

Modernization 340

Modernization Appraisal Appraisal Process Valuation 340

Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market.

Mortgage 336

Mortgage Real Estate Agent Real Estate Clients 336

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I know there are multiple areas of the country buyers are coming from, but I haven’t really heard anyone at my brokerage talk about working with anyone but Californian buyers.”. in 2021 to $330,745. “It

Housing Market 391

Housing Market Marketing Real Estate Agent Real Estate 391

Housing Wire

FEBRUARY 4, 2022

UWM filed a lawsuit in Michigan federal court late Thursday that claims America’s MoneyLine , a high-volume mortgage brokerage based in Southern California, owes it $2.8 As independent brokers we need to be able to shop for the best terms and best programs for our clients, the American people.”

Legal 370

Legal Contracts Business Mortgage 370

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. The second quarter makes that clear enough: Rocket originated $34.5

Mortgage 392

Mortgage Loan Officers Finance Investors 392

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 435

Real Estate Agent Loan Officers Real Estate Agents 435

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. .” Fairway, which did about $3.5 Real estate agents and LOs: the great collaboration.

Real Estate Agent 381

Real Estate Agent Retail Real Estate Design 381

Housing Wire

APRIL 30, 2021

In 2021, SitusAMC, a provider of technology and services to the real estate finance industry, acquired ReadyPrice, a mortgage technology company that connects mortgage loan originators (MLOs) and lenders to streamline loan origination. A benefit to brokers and lenders.

Mortgage 302

Mortgage Technology Investors Lending 302

Housing Wire

NOVEMBER 10, 2021

Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed. “I Also trending down from the second quarter is the brokerage’s market share which fell to 5.4% in Q3 from 6.2%

Brokerage 385

Brokerage Client Relationships Agents Loan Officers 385

Housing Wire

APRIL 26, 2023

Arizona-based lender On Q Financial will form a multi-partner mortgage banking joint venture with HomeCo Partners , a consortium of real estate brokerages and a builder, HousingWire has learned. Unlike a traditional JV model, the consortium model doesn’t require real estate brokerages or builders to make a large upfront investment to start.

Real Estate 393

Real Estate Brokerage Retail Business 393

Housing Wire

NOVEMBER 16, 2022

In addition, Hale said he is currently working with three clients who are looking to buy IMBs — two of which are homebuilders and one he described as a “proptech/fintech” company. Hale, of course, could not reveal the names of those clients, although he did define the type of acquisition targets they are seeking to find as buyers.

Buyers 403

Buyers Mortgage Sellers Investing 403

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. One of Dicker’s clients this past weekend backed out of a $295,000 houmese purchase in Michigan this past weekend. ” Brokerages prepare for leaner times.

Housing Market 424

Housing Market Marketing Brokerage Real Estate 424

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. This has serious consequences for real estate agents and loan officers alike, since it’s usually a zero sum game. One home recently had over 60 offers!

Loan Officers 364

Loan Officers Marketing Inventory Real Estate Agent 364

Housing Wire

JUNE 1, 2021

. “Through its Surefire marketing automation and CRM platform, Top of Mind has brought incredible value to the sales and marketing side of the mortgage industry by helping lenders gain powerful competitive advantages for their loan officers,” said Anthony Jabbour, CEO of Black Knight.

Clients 424

Clients Loan Officers Real Estate Brokerage 424