Opinion: Use data to scale your mortgage servicing business

Housing Wire

Mortgage servicing is a scale business, meaning the economics of scale can be achieved with larger servicing portfolio by spreading the fixed costs among more loans being serviced. Servicers should keep this in mind when growing the business – not only to grow faster, but also grow smarter.

Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

A Redfin spokesperson said that the company has attracted agents, “Who love customer service, and would rather spend their time working with clients than drumming up new business or doing administrative tasks,” a claim that rang true with Goldberg. “I Redfin CEO Glenn Kelman.

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PennyMac expands consumer direct business

Housing Wire

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.

Driving Comps Can Be Risky Business

The Appraiser Coach

Recently, I had a scary experience while taking comp photos. I live in a very rural area where there are a lot of people who are very protective about their. Read More.

Kevin Palmer Promoted to Handle Freddie Mac’s Multifamily Business

Appraisal Buzz

Freddie Mac has named Kevin Palmer to head its multifamily business. The post Kevin Palmer Promoted to Handle Freddie Mac’s Multifamily Business appeared first on Appraisal Buzz. He will serve as a member of the company’s Senior Operating Committee and report to the company’s president, Mike Hutchins. Palmer has served at Freddie Mac in a variety of positions since 2001, most recently as senior vice president for Single-Family Portfolio Management.

First American exits property and casualty business

Housing Wire

First American said the decision will help it focus on its core title business. First American first announced its intent to exit its property and casualty business in October 2020. The post First American exits property and casualty business appeared first on HousingWire.

The business case for accessory dwelling units

Housing Wire

The post The business case for accessory dwelling units appeared first on HousingWire. One of Mighty Buildings 3D-printed ADUs. Photo credit: Mighty Buildings. Aging parents. College students returning to the fold. Millennials seeking affordable housing in high-priced markets.

[Podcast] Masters In Business: Jonathan Miller on the Real Estate Industry

Miller Samuel

This is my fourth appearance with my friend Barry Ritholtz, a prolific columnist/blogger, radio show host/podcaster , and wealth management firm head on his Masters In Business show for Bloomberg Radio.

How Zillow’s model crushed its iBuying business

Housing Wire

On Tuesday Zillow announced it will be shutting down its Offers business, which wasn’t too much of a shock considering how their stock had been performing for some time. The post How Zillow’s model crushed its iBuying business appeared first on HousingWire.

UniversalCIS, Credit Plus Merge Businesses

Appraisal Buzz

UniversalCIS , a provider of credit data and related origination solutions in the mortgage industry, and Credit Plus , a mortgage verification and business credit report provider, are merging their companies. The post UniversalCIS, Credit Plus Merge Businesses appeared first on Appraisal Buzz.

Inside Fairway’s bold plan to boost reverse purchase business

Housing Wire

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business.

Running Your Business with your Spouse

Appraisal Buzz

How has this past year benefitted your business? What role does social media play in your business and how can appraisers learn from it? The post Running Your Business with your Spouse appeared first on Appraisal Buzz. [link].

Stewart says business is getting back to normal

Housing Wire

The post Stewart says business is getting back to normal appeared first on HousingWire. It is no secret that 2021 posed a variety of challenges for the title insurance industry.

Planet Home Lending Promotes Manfer to Head Up Business Development

Appraisal Buzz

With eight years of experience at Planet Home, Samantha Manfer will lead the marketing and branding efforts for the firm’s six business channels. The post Planet Home Lending Promotes Manfer to Head Up Business Development appeared first on theMReport.com.

Homepoint winds down Ginnie Mae loan-servicing business

Housing Wire

Mortgage lender Home Point Financial , which does business as Homepoint , is poised to exit the Ginnie Mae mortgage-servicing rights market, according to its CEO and filings with the Securities and Exchange Commission. Home Point Financial President and CEO Willie Newman.

Real estate is a people business, but automation can help

Housing Wire

In the recent “ Gathering of Eagles” conference , a particularly high-powered set of panelists all agreed that real estate is a “people business.” But to use the tools that have been painstakingly developed over decades to enhance what is absolutely a people business is the smart thing to do.

How to Get Referrals for Your Appraisal Business

Appraisal Buzz

Prospecting for new leads is a way of life in the real estate business. Here’s how to get referrals for your appraisal business. The post How to Get Referrals for Your Appraisal Business appeared first on Appraisal Buzz.

Doug Jorgenson Joins Incenter LLC as Business Development Consultant

Appraisal Buzz

Incenter LLC has announced that Doug Jorgenson has joined the company as a Consultant with the Enterprise Business Development team. Facing the potential for increased defaults and redefaults, servicers … The post Doug Jorgenson Joins Incenter LLC as Business Development Consultant appeared first on DSNews. The post Doug Jorgenson Joins Incenter LLC as Business Development Consultant appeared first on Appraisal Buzz.

How originators can capitalize on reverse mortgage business in light of the changing housing market

Housing Wire

So, adding reverse just makes good business sense. HW: As retirees become more concerned about outliving their retirement funds, how can originators offer strategic options that benefit both the borrower and their own business growth? That all equals more business.

Why lenders should build a referral-based business

Housing Wire

Stevens, President at SRE.com, about the challenges mortgage loan officers and brokers face as the market continues to shift toward purchase money business and how human-assisted eCommerce can help them win more business. HousingWire recently spoke with John G.

Leveraging the non-delegated channel to grow your business

Housing Wire

As with growing any new business, there are risks – but there are also rewards in the form of more opportunity for favorable pricing, access to loan products and the ability to be known as the lender. JH: We’ve taken a slow, methodical and purposeful approach to the non-delegated business.

Lyons McCloskey Partners With Catalyst Business Services

Appraisal Buzz

” The post Lyons McCloskey Partners With Catalyst Business Services appeared first on DSNews. The post Lyons McCloskey Partners With Catalyst Business Services appeared first on Appraisal Buzz.

Study: Real estate firms thrive on repeat and referral business

Housing Wire

Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed.

It is Good Business to Drop an Onion Ring in Your Fries!

Cleveland Appraisal Blog

I think one of the easiest ways is with business cards. Leaving a business card with those we meet, in a professional setting, can be beneficial in several ways. What should go on a business card? Since business cards are small, it is difficult to know how much to put on one.

Chase sees huge digital adoption in home lending business

Housing Wire

The post Chase sees huge digital adoption in home lending business appeared first on HousingWire. The following is an excerpt from an interview originally published by FinLedger with Rohan Amin, Chief Information Officer of Chase’s Consumer & Community Banking unit.

The originations landscape is shifting – is your business ready?

Housing Wire

The post The originations landscape is shifting – is your business ready? Last year saw a record-breaking $3.83

Brooke Anderson Named SVP, Business Development and National Recruiting

Appraisal Buzz

New American Funding has named Brooke Anderson as their SVP, Business Development and National Recruiting. The post Brooke Anderson Named SVP, Business Development and National Recruiting appeared first on Appraisal Buzz.

JPMorgan Chase has a plan to increase purchase mortgage business

Housing Wire

Now, Manhattan-based JPMorgan Chase decided it’s time to step up residential lending and recapture some of the purchase business it’s ceded to competitors. “In Its home-lending business sported $1.71

Most Homebuilders are Small Businesses

Eyes on Housing

Even among firms with paid employees, the industry continues to be dominated by small businesses, with 63% of homebuilders and two.

Driving Comps Can Be Risky Business

Appraisal Buzz

The post Driving Comps Can Be Risky Business appeared first on Appraisal Buzz. Recently, I had a scary experience while taking comp photos. I live in a very rural area where there are a lot of people who are very protective about their … Read More.

Top Marketing Channels to Promote Your Appraisal Business

Appraisal Buzz

Are you looking to grow your business and earn more income in 2022? If so, you may be curious about the best ways to promote your appraisal business and get the word out to new clients. The post Top Marketing Channels to Promote Your Appraisal Business appeared first on Appraisal Buzz.

Industry Vet Named ReverseVision Director of Business Development

Appraisal Buzz

I am excited to join the team at … The post Industry Vet Named ReverseVision Director of Business Development appeared first on theMReport.com. The post Industry Vet Named ReverseVision Director of Business Development appeared first on Appraisal Buzz.

Timothy Fisher Joins Deephaven as VP of Business Development

Appraisal Buzz

Non-QM lender Deephaven Mortgage today announced that Timothy (Tim) Fisher has joined the company as Vice President, Business Development. Based in Dallas, he is charged with growing Deephaven’s correspondent book of business in Texas and surrounding states.

JPMorgan Chase’s mortgage business getting back to normal

Housing Wire

The post JPMorgan Chase’s mortgage business getting back to normal appeared first on HousingWire. JPMorgan Chase doesn’t see mortgage defaults worsening in the second half of 2020.

Business Executive Frank Martell Appointed to Compass Board of Directors

Appraisal Buzz

The post Business Executive Frank Martell Appointed to Compass Board of Directors appeared first on theMReport.com. The post Business Executive Frank Martell Appointed to Compass Board of Directors appeared first on Appraisal Buzz.

Real estate appraisers are an essential business and here to protect the public trust

Miller Samuel

I hope all my readers (and everyone else) are staying safe and healthy during this crisis - now let's get to business. This declaration determines whether you can or cannot remain in business during a crisis like this.

ChainLogix Appoints Moreland to Operations and Business Development Role

Appraisal Buzz

ChainLogix Mortgage Solutions has named Tim Moreland senior vice president of operations and strategic business development, focused on meeting the company’s strategic objectives in these areas for ChainLogix’s mortgage business.

The Money Source Appoints New EVP of Business Development 

Appraisal Buzz

The Money Source Inc (TMS), a New York-based fintech and mortgage company, has hired Tom Donatacci as its new EVP of Business Development. The post The Money Source Appoints New EVP of Business Development appeared first on Appraisal Buzz.

Inlanta Mortgage Promotes Kevin Laffey to SVP, Sales and Business Development

Appraisal Buzz

Kevin Laffey has been promoted to senior vice president, sales and business development, at Inlanta Mortgage , an independent mortgage lender with 39 branch offices in 27 states. Laffey has over 30 years of experience in the mortgage business.

SimpleNexus Adds Business Intelligence Tools with LBA Ware Acquisition

Appraisal Buzz

The post SimpleNexus Adds Business Intelligence Tools with LBA Ware Acquisition appeared first on Appraisal Buzz. SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents and settlement agents, has acquired Georgia-based software firm LBA Ware.

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