Housing Wire

FEBRUARY 28, 2021

The lending industry is notorious for its poor customer retention – in fact, only 1 in 5 borrowers return to their original lender for a subsequent loan. Our clients retain as high as 65% or more of their past customers. The result is that for every $1 our clients pay us, we return $20 of profit to them,” says Kutsishin.

Clients 372

Clients Home Value Design Tools 372

Housing Wire

JANUARY 10, 2024

Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year. Certifications, reverse posture Haviland and Droge have certified reverse mortgage professional (CRMP) designations from the National Reverse Mortgage Lenders Association (NRMLA).

Mortgage 429

Mortgage Lending Loan Officers Design 429

Housing Wire

DECEMBER 30, 2022

Especially in uncertain times and market volatility, having the knowledge that I get from HW+ helps me communicate effectively with my team and my clients. At a small mortgage banker, leadership has to know all aspects of lending. Chris Mozilo: If I didn’t go into mortgage lending, I would have likely become an architect.

Architecture 398

Architecture Design Lending Housing Market 398

Housing Wire

APRIL 28, 2023

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. Much of modern lending technology is designed to give consumers the convenience to access loan documents in the ways that work best for them.

Design 336

Design Lending Technology Modernization 336

Housing Wire

APRIL 3, 2023

Cornerstone Servicing , a division of recently formed Cornerstone Capital Bank , has launched a subservicing business, the company announced Monday. Cornerstone Servicing ’s client portal provides complete, real-time portfolio analytics and loan-level data to enable smart portfolio management. billion in assets.

Loan Officers 366

Loan Officers Clients Design Lending 366

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. Each year, Rocket employees participate in 65 million calls with clients, including 3.1

Tools 382

Tools Clients Investing Finance 382

Housing Wire

JULY 28, 2023

Through partnerships with Bubble Insurance Solutions and New American Funding , real estate agents at The Agency will have access to mortgage lending services and insurance services for their clients. The affiliation will provide The Agency’s agents with access to Bubble Insurance’s insurance coverage for their clients.

Insurance 361

Insurance Brokerage Clients Real Estate Agent 361

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

Loan Officers 399

Loan Officers Technology Lending Tools 399

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

Lending 197

Lending Modernization Mortgage Technology 197

Housing Wire

JUNE 15, 2021

Sprout does most of its business through mortgage brokers. It also has a low-margin correspondent business. The addition of Johnson represents yet another change to the C-suite at Sprout, which halted non-QM lending last year when the coronavirus pandemic began and liquidity dried up.

Retail 376

Retail Mortgage Legal Lending 376

Housing Wire

MARCH 25, 2024

Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. TikTok is probably 40% to 45% of my business.” Meanwhile, investors are taking steps to acquire the business. ban of the short-form video app. million ‘likes’ on TikTok. “I’ve

Loan Officers 401

Loan Officers Tools Business Clients 401

Housing Wire

JUNE 30, 2022

With demand for alternative lending expected to increase, Champions Funding empowers their broker partners to service diverse borrower needs by providing solutions-driven results in the non-QM space. The brokers who partner with Champions Funding benefit from exceptional support from a team that truly cares about their business goals.

Lending 356

Lending Design Clients Housing Market 356

Housing Wire

APRIL 27, 2021

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. It’s the latest in a string of big M&A deals in the mortgage lending space – and the growing wholesale channel in particular – over the past six months.

Finance 370

Finance Lending Retail Renovations 370

Housing Wire

FEBRUARY 1, 2023

Designed specifically with the end-user in mind, Servicing Digital helps servicers deliver an outstanding, convenient and modern customer experience, which enhances growth and retention.” Black Knight strives to lead our industry in providing clients with tools that facilitate homeownership,” Madigan said.

Design 374

Design Tools Modernization Home Value 374

Housing Wire

APRIL 26, 2023

Nectar Kalajian, CEO of STG Mortgage, said the company needed a CRM solution that could meet the sales and marketing needs of the entire business unit. ” OptifiNow TPO is the first CRM designed specifically for wholesale mortgage lenders and is used by many lenders nationwide. .

Mortgage 270

Mortgage Design Retail Lending 270

Housing Wire

JANUARY 12, 2023

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Servicing Digital, offered as an app or web design, enables customers to access their loan- and home-related information.

Mortgage 333

Mortgage Tools Clients Development 333

Housing Wire

DECEMBER 13, 2021

Lenders and search companies alike need to look for trusted agent partners to provide the client with the experience they deserve. Serving some of the top organizations in the real estate and lending space is a privilege,” said Jason Mitchell, president of JMG. Our goal is not to simply be a distribution warehouse.

Real Estate 421

Real Estate Real Estate Agent Agents Clients 421

Housing Wire

FEBRUARY 14, 2024

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. Next, ask potential BBYS vendors how they collect, retain, and safeguard your clients’ data.

Buyers 404

Buyers Loan Officers Real Estate Agent Agents 404

Housing Wire

JUNE 26, 2023

. “This partnership enhances our offering and TBA pipeline hedging platform by giving clients access to MAXEX’s loan trading exchange,” Tabacchi said. In September 2022, the digital mortgage platform unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market.

Investing 349

Investing Investors Design Mortgage 349

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

AUGUST 31, 2021

Trapeze is a purpose-built solution designed to streamline different aspects of the mortgage lifecycle, from origination to post-close review, by converting documents to data with extreme accuracy and speed. Trapeze also ensures that the extracted data tells a consistent lending story by cross-validating information across the loan packet.

Mortgage 305

Mortgage Clients Lending Design 305

Housing Wire

SEPTEMBER 30, 2021

Meanwhile, borrower’s real estate agents, brokers, and financial advisers may not even have access to those systems, preventing them from supporting their clients through what is typically the largest financial transaction of their lifetime. Abhinav Asthana, Head of Fintech Products Business. How did we achieve it?

Loan Officers 336

Loan Officers Architecture Real Estate Agent Clients 336

Housing Wire

MARCH 23, 2022

Seeking business growth in the current rising rate environment, originators are contemplating the benefits of adding reverse mortgages to their product mix. HousingWire: What are some potentially overlooked products that originators could add to their portfolios to grow their businesses in the rising rate environment?

Mortgage 381

Mortgage Clients Business Training 381

Housing Wire

DECEMBER 15, 2020

It’s been a busy year for Wolters Kluwer, which launched their portal in June, designed to help lenders guide small business client recipients of paycheck protection program funding in the process of online and in-person loan forgiveness. eOriginal serves more than 650 customers in the U.S.,

Design 214

Design Government Lending Finance 214

Housing Wire

MAY 18, 2022

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? What can lenders do to dispel this common misconception with their clients?

Mortgage 397

Mortgage Clients Insurance Tools 397

Housing Wire

JULY 31, 2022

The post-pandemic business landscape is totally different from what we were used to just a few years ago. As the world races towards increased digitization, mortgage professionals are striving to keep up with the demand for convenient lending solutions that allow borrowers to navigate the process from the comfort of their own homes.

Technology 363

Technology Clients Design Lending 363

Clear Capital

APRIL 1, 2024

Home equity lending is a hot topic, with homeowners boasting near-record amounts of equity. Mordor Intelligence estimates that as of 2024, the home equity lending market size is estimated at nearly $31 billion, and is expected to grow to $36 billion by 2029. What is home equity lending?

Lending 36

Lending Valuation Home Value Design 36

Housing Wire

OCTOBER 6, 2022

On Thursday, the publicly traded multichannel lender launched a new technology platform for brokers called “POWER+,” a key step toward generating more broker business. Pennymac TPO is tech forward and human focused – our people drive what we do.

Tools 357

Tools Technology Business Design 357

Housing Wire

SEPTEMBER 30, 2020

For the mortgage industry, like many others, conducting business as usual is no longer possible or plausible. As DocMagic works with clients and partners every day, the company knows there is no ordinary roadmap ahead. A business-critical approach. That’s the arms race every lender is facing right now.

Technology 272

Technology Clients Lending Business 272

Housing Wire

DECEMBER 23, 2022

With Fannie Mae and other organizations predicting a tough outlook for 2023’s housing market, loan officers should be looking to get their name out in front of as many potential borrowers as possible in order to secure business. Parker is a HousingWire 2022 Mortgage Marketing Leader with a focus on business development and marketing.

Loan Officers 329

Loan Officers Business Mortgage Clients 329

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. Its parent Rocket Companies rode the wave to a stunning $9.4

Loan Officers 368

Loan Officers Retail Real Estate Agent Real Estate 368

Housing Wire

MARCH 24, 2021

Since UWM president and CEO Mat Ishbia appeared on Facebook Live on March 4 and announced that brokers could not work with Fairway and Rocket Mortgage and still do business with UWM, Fairway has seen a dramatic uptick in business, according to its CEO, Steve Jacobson. “We’re up over 100 inquiries since March 4.”

Real Estate Agent 384

Real Estate Agent Retail Real Estate Design 384

Housing Wire

MARCH 3, 2022

But this is going to become infinitely more complex,” said David Sheeler, executive vice president of correspondent lending and servicing finance at Freedom Mortgage Lending. We have so far successfully utilized prepayments and mortgage payoffs from other clients to fund principal and interest advances relating to forborne loans.

Insurance 369

Insurance Finance Government Mortgage 369

Housing Wire

APRIL 7, 2022

From understanding the importance of RON in the title industry and discovering the potential business benefits to learning how you can start offering RON closings to your clients, here’s the need-to-know info to get started. . There are solid reasons why more lenders are opting for tech-driven business solutions.

Law 368

Law Technology Insurance Agents 368

Appraisal Buzz

JUNE 27, 2022

Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA. I remember taping pictures onto reports and hand-delivering them to the clients. Exactly what business are you in and what’s its core competency? In fact, I’ll pose the question in advance.

Appraisal 195

Appraisal Inspection Valuation Real Estate 195

Housing Wire

JUNE 13, 2022

With hundreds of thousands of people engaging with online homebuyer assistance tools per day, it is time for lenders to get up to speed on these programs to help clients determine if homebuyer assistance is right for them. And, importantly, financing borrowers with homebuyer assistance is good for business.

Real Estate 367

Real Estate Finance Tools Inventory 367

DW Slater Company

MAY 11, 2021

If we are doing an appraisal for lending, we are a representative of our client. Although we are not an employee of the client, we do represent them and often we are the only person that is actually seen. Also, we represent ourselves, our business so we want to dress as a professional. For me I like the Dickies brand.

Design 172

Design Real Estate Appraisal Clients 172