Housing Wire

JUNE 13, 2024

He discussed this year’s business trends and priorities in a recent interview with HousingWire ’s Reverse Mortgage Daily (RMD). Plack also touches on the company’s use of data science to source business, its use of direct mail and the importance of multiple modalities to support growth. I’m excited about where we’re headed.

Business 439

Business Mortgage Loan Officers Investing 439

Housing Wire

APRIL 10, 2024

Business update and market share The company announced the availability of the update in a filing with the Securities and Exchange Commission (SEC). The Company has substantially completed its exit from all non-core businesses at the end of Q1’24.”

Business 421

Business Investors Finance Home Improvement 421

Housing Wire

MAY 17, 2024

The Federal Housing Administration (FHA) this week published a mortgagee letter (ML) amending a 2022 requirement for mortgage lenders, and anyone seeking to do business with FHA, to obtain a Unique Entity Identifier (UEI) in order to be eligible for such business. The rule is effective immediately.

Government 421

Government Business Design Real Estate 421

Housing Wire

FEBRUARY 26, 2024

CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday. Most recently, he served as the head of the sales team for the real estate business segment. Throughout his career, Greene developed expertise in business development and product strategy.

Real Estate 418

Real Estate Business Real Estate Agent Clients 418

Housing Wire

MAY 29, 2024

To get a better picture of these initiatives and priorities, RMD sat down with Shannon Robinson , vice president of reverse mortgage lending at NAF, to gauge the way business is going as the industry navigates both broader mortgage headwinds as well as those unique to the reverse side of the business.

Business 414

Business Loan Officers Mortgage Clients 414

Housing Wire

FEBRUARY 21, 2024

This is a game changer for the industry and will not only create a more engaging platform for consumers, but will yield incredibly rich data for builders to inform their business and pricing strategy.”

Business 417

Business Construction Design Inventory 417

Housing Wire

FEBRUARY 9, 2024

Last year was a challenging one for reverse mortgage business activity, and it likely hit no one harder than the industry’s front-line loan originators. The change is a welcome one, since 2023 may have been Cullen’s “poorest year of 19 years in this business,” he explained. “I I will confess that it was a struggle all year long.”

Business 430

Business Mortgage Loan Officers Marketing 430

Housing Wire

FEBRUARY 15, 2024

We’ve done the hard work in 2023 to be leaner, to be more agile, to be able to rescale the business in a sustainable fashion.” Indicative of Opendoor’s scaled-back approach to business was the fact that it bought just 11,246 homes in 2023, compared to 34,962 homes in 2022. After posting a $1.4 billion for full year 2023.

Business 410

Business Advertising Inventory Contracts 410

Housing Wire

JULY 8, 2024

While the show certainly boosts the profiles of the agents showcased, as reality TV often does, it doesn’t always show the full picture of what their business really looks like. HousingWire decided to dig into the data to see how many deals the agents and teams featured on the show are doing.

Agents 526

Agents Business Real Estate Investing 526

Housing Wire

MARCH 27, 2024

US Mortgage recently surpassed 30 years in business. Business alignment Krajewski most recently served as vice president and head of reverse mortgage lending at University Bank , and he joined US Mortgage earlier this month. As Scott said, they’ve been in business for 30 years.

Business 430

Business Mortgage Loan Officers Training 430

Housing Wire

JULY 17, 2024

Mortgage applications increased 3.9% on a seasonally adjusted basis during the week ending July 12, due mainly to borrowers taking advantage of a decline in rates to refinance their home loans, according to data released Wednesday by the Mortgage Bankers Association (MBA).

Business 426

Business Mortgage Retail Contracts 426

Housing Wire

FEBRUARY 22, 2023

Wells Fargo , the largest depository mortgage lender in America, issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel. “I Wells Fargo’s correspondent lending business was already in a freefall.

Lending 522

Lending Business Finance Mortgage 522

Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We This is the second title-affiliated business agreement eXp has announced in the past year.

Business 389

Business Realty Brokerage Real Estate 389

Housing Wire

OCTOBER 16, 2023

The way I see it, there are two types of people in the mortgage space right now: those who are simply waiting around for rates to drop and those who are putting in the work to better their business. At UWM, we ensure our clients have a full suite of resources to help them grow their business in any market. They want the house.

Business 420

Business Real Estate Agent Marketing Clients 420

Housing Wire

NOVEMBER 3, 2023

When it comes to marketing your real estate business, video is king. Here are 13 video marketing best practices for your real estate business. Videos for your real estate business are no different. Engagement builds relationships and trust — exactly what you need to build your business.

Real Estate 543

Real Estate Business Marketing Real Estate Agent 543

Housing Wire

JUNE 20, 2023

During this National Homeownership Month in particular, homeowners should be wary of a new business practice preying upon vulnerable homeowners — non-title recorded agreements for personal service ( NTRAPS ), long-term listing agreements that entrap consumers. Together, we can end this predatory business practice once and for all.

Business 384

Business Contracts Brokerage Real Estate 384

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Mortgage lending work is only one type of business where appraisals are needed. Isn’t this just good business practice anyway? It just means we’re kind, and that can lead to more business and referrals. I do generate a little extra business from offering home measurement and floor plan services.

Business 393

Business Appraisal Real Estate Agent Clients 393

Appraisal Buzz

MAY 2, 2024

Danielle Walker has been promoted to senior vice president, business development, at Xactus. In her new role, Walker oversees business development and operations for Xactus’ property valuation solutions division that includes Appraisal FirewallX, Appraisal ScorecardX and VerisiteX; and its proprietary appraisal/property valuation technology.

Development 195

Development Business Valuation Modernization 195

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Production declined 25% to $5.49 billion in 2022 from the previous year’s volume of $7.29

Lending 384

Lending Business Retail Client Relationships 384

Housing Wire

MAY 25, 2023

has decided to exit the origination business amid one of the most challenging cycles in decades, provoked by the Federal Reserve ‘s tightening monetary policy and a banking crisis. The company will focus on full-servicing banking and mortgage servicing businesses, it announced on Thursday. Texas-based Colonial Savings, F.A.

Business 384

Business Mortgage Loan Officers Inventory 384

Appraisal Buzz

JULY 1, 2024

As such, lenders should maximize their use of existing business intelligence (BI) capabilities to gain significant insights into loan profitability and make data-driven decisions to refine marketing strategies to attract loans.

Business 195

Business Tools Lending Marketing 195

Housing Wire

MARCH 28, 2024

New changes from the Federal Housing Administration (FHA) and Ginnie Mae , which insure and guarantee loans, could help open an untapped market for lenders looking to expand their businesses and improve access to credit for buyers of manufactured homes. For lenders, the market offers the prospect of a new and growing line of business.

Business 450

Business Finance Buyers Lending 450

Appraisal Buzz

JULY 8, 2024

Aidium , which offers a business intelligence and mortgage CRM platform, has launched its 24/7 customer support service, ensuring mortgage professionals have access to real-time assistance whenever needed. With mortgage professionals often working beyond standard business hours, continuous support becomes crucial.

Business 195

Business Mortgage Clients Appraisal 195

Housing Wire

DECEMBER 15, 2023

2 position among business news podcasts in the United States. About HousingWire: HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes.

Business 424

Business Advertising Real Estate Law 424

Housing Wire

JANUARY 31, 2023

First Internet Bank is shutting down its consumer mortgage business due to a steep decline in mortgage volumes and the negative outlook for mortgage lending that is forecasted to continue for the next several years. It will also include the company’s local traditional consumer mortgage and construction-to-permanent businesses.

Business 421

Business Mortgage Lending Insurance 421

Housing Wire

MARCH 31, 2023

The Consumer Financial Protection Bureau (CFPB) has finalized the rule on small business lending, which fulfills a mandate from Congress and aims to increase transparency while mitigating discrimination. For decades, the government has assembled data pursuant to Congressional mandates on residential mortgages,” the CFPB said.

Lending 380

Lending Business Government Design 380

Housing Wire

JULY 6, 2023

Finance of America (FOA) announced Thursday that its indirect subsidiary Incenter closed the sale of its title insurance businesses. The company previously announced that it would be selling its title insurance businesses in early February.

Business 364

Business Insurance Finance Retail 364

Housing Wire

FEBRUARY 12, 2024

The start to 2024 When asked about how business has progressed in the early days of the year, Robinson said that the company is focused on looking ahead at potential interest rate relief and any changes in Federal Reserve policy that may come.

Business 410

Business Loan Officers Clients Mortgage 410

Appraisal Buzz

JUNE 25, 2024

When asked to rank-order the most critically important issues facing mortgage lenders today, respondents to The Mortgage Collaborative ’s 2024 Pulse of the Network survey identified business development as their top concern. And while 36.7%

Development 195

Development Business Mortgage Inventory 195

Housing Wire

FEBRUARY 21, 2023

Following the closing of the [deal], FAM will no longer operate in the business of originating business purpose loans to residential real estate investors. FOA announced its intention to exit the forward mortgage originations business in late 2022 by winding down the operations of Finance of America Mortgage.

Business 367

Business Lending Finance Real Estate 367

Housing Wire

NOVEMBER 2, 2023

In addition, the Nationwide Multistate Licensing System (NMLS) shows that Jacksonville, Florida-based Smart Rate is no longer authorized to conduct business as of Oct. Strauss’s restriction to do business started Oct. 3, indicating a voluntary surrender.

Business 441

Business Loan Officers Law Mortgage 441

Housing Wire

JANUARY 31, 2022

The nonbank mortgage lender is expanding its consumer direct lending business while some competitors are laying off employees with the expectation that the channel cools down with higher mortgage rates. PennyMac is growing fast with its consumer direct lending business. California-based PennyMac Financial Services will invest $3.9

Business 362

Business Lending Loan Officers Mortgage 362

Housing Wire

SEPTEMBER 8, 2022

But when it comes to marketing a real estate or mortgage lending business, people who have made a sale in the past often consider marketing automation a “nice to have.”. How marketing automation saved Mike’s business. Thanks to this technology, most of his customers and business partners didn’t even know he was sick.

Business 432

Business Marketing Technology Tools 432

Housing Wire

NOVEMBER 2, 2023

residential mortgage industry” for its mortgage business outperforming in Q3 even as the industry experienced a nearly 20% decline in origination volumes. We don’t have a business of selling leads to real estate brokers and the like. ICE attributed “an analog to digital conversion occurring in the U.S.

Business 310

Business Mortgage Technology Real Estate Agent 310

Housing Wire

JUNE 12, 2024

Mortgage applications shot up 15.6% from one week earlier , according to data from the Mortgage Bankers Association ’s (MBA) weekly application survey for the week ending June 7. On an unadjusted basis, the market composite index increased 26% compared with the previous week.

Business 439

Business Mortgage Contracts Inventory 439

Housing Wire

JUNE 5, 2023

The lender is also consolidating its business line in response to another financial loss in the first quarter of 2023. Sidi joined loanDepot in March 2022 , when the lender created a new business division called mello to operate side-by-side with the company’s mortgage origination and servicing division.

Business 370

Business Human Resources Retail Tools 370

Housing Wire

JUNE 17, 2022

Wells Fargo this week warned investors the bank’s mortgage business could drop by almost 50% in the second quarter from the prior quarter. “It’s very different today running a mortgage business inside the bank than it was 15 years ago, and I think appropriately so,” he said. How big do you want to be?

Business 410

Business Mortgage Lending Investors 410