Housing Wire

MARCH 30, 2023

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage , spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. Connie Kim: You had a long run at Wyndham Capital Mortgage dating back to 2011.

Mortgage 345

Mortgage Retail Loan Officers Brokerage 345

Housing Wire

OCTOBER 18, 2023

I asked the good folks at mortgage data technology firm InGenius to run the numbers. “There’s definitely a shift and while we know there is a lot of movement going on with people losing jobs because of mergers or closures, a certain percentage are moving to brokerage instead of another retail company.”

Retail 509

Retail Loan Officers Brokerage Mortgage 509

Housing Wire

JULY 16, 2021

The second big mortgage joint venture announcement this week is a meeting of the Glenns. Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The Mobile “Must-Haves” Reshaping Mortgage Technology. Presented by: SimpleNexus.

Mortgage 379

Mortgage Lending Brokerage Agents 379

Housing Wire

MARCH 16, 2022

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage.

Retail 352

Retail Loan Officers Brokerage Technology 352

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Three independent wholesale brokers discuss how they found success in the wholesale channel during a HousingWire webinar on Thursday titled: ”Taking the Mortgage Boom to the Next Level.”.

Retail 365

Retail Mortgage Loan Officers Marketing 365

Housing Wire

APRIL 3, 2024

mortgage lender United Wholesale Mortgage (UWM) is the target of a class-action-seeking lawsuit alleging it orchestrated a scheme with mortgage brokers to apply excess fees and costs to borrowers. The lawsuit follows Monday’s report from Hunterbrook Media indicating that UWM pressures brokers to send loans its way.

Loan Officers 447

Loan Officers Mortgage Business Retail 447

Housing Wire

OCTOBER 15, 2020

And it’s because of the software, because of the technology. Quicken Loans , see how big they are? I think it’s all because of the technology. He now has 12 offices, and he plans to open 10 additional offices by the end of 2021. How much volume they can push through so quickly? They prepared for it.”.

Brokerage 404

Brokerage Mortgage Technology Development 404

Housing Wire

NOVEMBER 16, 2022

By the time 2022 is wrapped up, mortgage lenders will have originated about $2.2 trillion in loans, about half of 2021’s $4.4 But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Who wants to be in the mortgage business?

Buyers 398

Buyers Mortgage Sellers Investing 398

Housing Wire

JULY 29, 2021

Residential real estate brokerage conglomerate Realogy reported a net income of $149 million on its quarterly earnings call Thursday. Let’s dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured and more at-bats are won. The brokerage group was the no.

Brokerage 382

Brokerage Real Estate Agents Loan Officers 382

Housing Wire

NOVEMBER 5, 2021

Instant homebuyer Opendoor has acquired “tech”-focused mortgage brokerage RedDoor , the companies announced Friday. Founded in 2018 and headquartered in Sacramento, RedDoor calls itself a “digital first mortgage brokerage” that can preapprove a loan applicant “within 60 seconds,” likely what was appealing to the iBuyer.

Brokerage 340

Brokerage Real Estate Loan Officers Business 340

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform.

Technology 316

Technology Real Estate Agent Loan Officers Lending 316

Housing Wire

APRIL 30, 2021

The same can be said about the mortgage industry as an ecosystem, and its technology as the coral reef. In order for brokers and lenders to work together in symbiosis as organisms of this ecosystem, the technology must also allow for it. Right now, the mortgage ecosystem is fractured. Fractured mortgage ecosystem.

Mortgage 302

Mortgage Technology Investors Lending 302

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 283

Loan Officers Brokerage Retail Clients 283

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. We caught up with Hurst to talk about his new role and why the firm is looking to invest in commercial real estate tech startups and mortgage tech firms. As of Sept. Here is how Hurst, via email, responded to our questions.

Mortgage 329

Mortgage Real Estate Investing Technology 329

Housing Wire

NOVEMBER 3, 2021

The cloud-based brokerage recorded $1.1 The brokerage on Wednesday also announced that the launch of its residential lending joint venture Success Lending with Kind Lending, LLC has been approved in Colorado, Illinois and Tennessee. The brokerage was the fourth-largest in the U.S. Operating expenses also increased 100.3%

Brokerage 306

Brokerage Lending Realty Agents 306

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Tech100 Mortgage Winners. No surprise here.

Real Estate 318

Real Estate Brokerage Real Estate Agent Technology 318

Housing Wire

JANUARY 14, 2022

HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate.

Brokerage 390

Brokerage Agents Real Estate Loan Officers 390

Housing Wire

JANUARY 5, 2021

SimpleNexus , a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding around. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments.

Architecture 386

Architecture Real Estate Agent Loan Officers Real Estate 386

Housing Wire

APRIL 7, 2021

The mortgage rate outlook component experienced the only decline in March’s HPSI, with the latest results indicating that only 6% of consumers believe that mortgage rates will decrease over the next 12 months. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Sellers 506

Sellers Real Estate Agent Real Estate Loan Officers 506

Housing Wire

JUNE 1, 2021

The deal will allow Black Knight access to Top of Mind’s brain child, Surefire, a customer relationship management system and marketing automation software for the mortgage lending industry. ” The software boasts an all-in-one connectivity between LOSs, CRM, POSs, lead sources and sales acceleration systems. .

Clients 423

Clients Loan Officers Real Estate Brokerage 423

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. billion in mortgages last year. Guaranteed Rate’s $73.9

Brokerage 293

Brokerage Real Estate Agents Clients 293

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Technology 360

Technology Design Lending Real Estate Agent 360

Housing Wire

APRIL 7, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and home sellers while also playing an expanding role as personal advisors.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

FEBRUARY 24, 2021

HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space? Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. HW: What steps in the real estate transaction could benefit from further digitalization?

Real Estate Agent 275

Real Estate Agent Real Estate Agents Loan Officers 275

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. Purchase loans grew from 24.9%

Mortgage 301

Mortgage Real Estate Agent Real Estate Clients 301

Housing Wire

OCTOBER 14, 2020

On the heels of going public, Rocket Companies’ broker channel, Quicken Loans Mortgage Services (QLMS), made waves throughout the industry when it announced it would be rebranding to Rocket Pro TPO in an effort to closer align itself with the brand that has become ever-present in the lending space.

Loan Officers 294

Loan Officers Real Estate Agent Technology Clients 294

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. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Buyers 432

Buyers Real Estate Agent Real Estate Brokerage 432

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 344

Tools Clients Technology Real Estate Agent 344

Housing Wire

JUNE 10, 2022

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. For wemlo, his primary focus is to enhance the existing loan processing platform to improve user experience.

Marketing 361

Marketing Real Estate Agent Lending Real Estate 361

Housing Wire

AUGUST 20, 2021

In 2016, Brad Sullivan’s Mortgage Financial Services ruled the roost in housing with a rank of 733. And Nationwide Mortgage Bankers posted an insane average three-year growth rate of 16,396% in 2020. Mortgage Bankers Association data reports that total mortgage origination volume in 2019 came in at $2.25 Top Verticals.

Real Estate 441

Real Estate Realty Brokerage Mortgage 441

Housing Wire

DECEMBER 11, 2023

Recent examples from the news “CFPB fines BofA $12M for failing to collect data on mortgage applicants” “The Consumer Financial Protection Bureau (CFPB) imposed a $12 million penalty on Bank of America (BofA) for violating federal laws by submitting false mortgage lending information for about four years, it announced on Monday.

Real Estate Agent 408

Real Estate Agent Real Estate Agents Lending 408

Housing Wire

OCTOBER 7, 2022

With mortgage rates on the rise, mortgage professionals have been dealing with their fair share of challenges this year. Williams IV : Mortgage market volatility should not be having a huge impact on quality deal flow if your tech stack is tried and true. Our team brings decades of real estate and technology industry expertise.

Housing Market 327

Housing Market Real Estate Agent Marketing Real Estate 327

Housing Wire

APRIL 13, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and home sellers while also playing an expanding role as personal advisors.

Sellers 404

Sellers Buyers Real Estate Agent Real Estate 404

Housing Wire

FEBRUARY 11, 2021

Tai Christensen, CBC Mortgage Agency’ s director of government affairs, will join other housing luminaries to discuss how lenders can increase their diversity to impact minority homeownership at HousingWire’s Spring Summit on March 4. She also serves as an advisory council member for the American Mortgage Diversity Council.

Loan Officers 209

Loan Officers Real Estate Technology Mortgage 209

Housing Wire

AUGUST 29, 2022

In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind Rocket Mortgage. “I 1 lender in the country.

Investing 402

Investing Loan Officers Retail Mortgage 402

Housing Wire

JULY 9, 2021

Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. Technology plays a big role.

Real Estate 442

Real Estate Business Valuation Technology 442

Housing Wire

MARCH 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. ” Fairway, which did about $3.5

Real Estate Agent 378

Real Estate Agent Retail Real Estate Design 378