Housing Wire

SEPTEMBER 8, 2022

When mortgage lenders are talking about compliance in loan origination or mortgage servicing, the worst case can be pretty bad, so we often see companies investing heavily in the best tools. Mike is an experienced mortgage loan officer. How marketing automation saved Mike’s business. How marketing saved my business.

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Housing Wire

MARCH 28, 2024

The operating model change involved Better pivoting to hiring experienced loan officers on commission-based compensation plans. Previously, the lender had higher fixed-cost components and no commissions for its loan officers.

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Loan Officers Technology Investing Realtors 432

Housing Wire

JANUARY 10, 2024

Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive. Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development.

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Mortgage Lending Loan Officers Design 441

Housing Wire

FEBRUARY 14, 2024

As a result, lenders can offer their own branded BBYS solution that is more affordable than most BBYS products and simplifies the homebuying process for homeowners, agents, and loan officers from start to finish. JF: We’ve carefully designed our processes, so our incentives are always aligned with yours.

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Buyers Loan Officers Real Estate Agent Agents 421

Housing Wire

FEBRUARY 20, 2024

Today, a mortgage lender must have scalability in its operation, an ability to pivot quickly to meet changing market conditions and client needs, a well-designed technology stack and, above all, a keen sense of what its customers and the marketplace truly want from them.

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Loan Officers Technology Lending Tools 410

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

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Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. business advisory firm in real estate, mortgage finance, digital mortgage, banking and capital markets. Register for the FinLedger Daily Newsletter.

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Business Law Real Estate Investors 491

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.

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Housing Wire

SEPTEMBER 30, 2021

Borrowers, loan officers, and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is designed to deliver value to both borrowers and lenders–”from the point of thought of buying a house to the point of owning a home.” .

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Loan Officers Architecture Real Estate Agent Clients 383

Housing Wire

FEBRUARY 10, 2023

The portal is designed to offer GHMC partners a “unique borrower online application experience” at no additional costs. Guaranty Home Mortgage said the goal of the portal is to help scale businesses and make its workflow more efficient through the use of this product. The company had production volume of $148.76

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Retail Tools Loan Officers Design 370

Housing Wire

APRIL 27, 2023

“I’ve always been passionate about helping loan officers grow their business to serve more families in our communities. When a major lender acquired the company’s assets in 2014, Yeager was named divisional vice president, managing 2,200 employees, including 900 loan officers in 15 states.

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Loan Officers Retail Lending Investing 370

Housing Wire

JANUARY 17, 2024

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. But economic forecasts and housing market predictions suggest that businesses need to be prepared for another shake-up in the near future.

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Finance Real Estate Agent Real Estate Insurance 458

Housing Wire

DECEMBER 11, 2023

Wells Fargo received the MRA from the CFPB a couple of months before the company announced it was scaling down its mortgage business in January. billion for consumer abuses on products including home loans in December 2022 and was fined $250 million in 2021 for failing to address problems in its mortgage business.

Mortgage 441

Mortgage Lending Law Loan Officers 441

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. Design your ideal client, the type of borrower you’d love to work with, and go from there. “If

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Loan Officers Business Mortgage Clients 369

Housing Wire

JULY 20, 2021

That revenue is fuel to invest in and grow businesses. Increasing quality means less time wasted on leads that aren’t going to convert, allowing lenders and loan officers to spend their very limited and highly valuable time on business that will close and drive revenue. Investing today means winning in the future.

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Loan Officers Business Technology Marketing 315

Housing Wire

NOVEMBER 1, 2022

Mortgage tech firms Mortgage Coach and Polly have teamed up on a new application programming interface (API) integration that guides borrowers through a visual representation of their loan options. The goal is to help drum up business for lenders during an extremely challenging time in the industry. .

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Mortgage Project Management Insurance Loan Officers 432

Housing Wire

JUNE 30, 2022

“At UWM, we’re always looking for ways our brokers can grow their business,” said Justin Glass, Senior Vice President and Chief Digital Officer at UWM. This program provides independent mortgage brokers in the UWM network with streamlined access to services that allow them to grow and manage their businesses more effectively.

Mortgage 370

Mortgage Real Estate Agent Clients Tools 370

Housing Wire

MAY 25, 2022

Between significantly fewer refinances, rising mortgage rates and housing inventory nearly cut in half since 2020, loan officers (LOs) and brokers face a pivotal time where adaptation is a must for success. However, not all LOs and brokers are set up to take on an influx of non-QM business.

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Lending Investing Loan Officers Design 397

Housing Wire

SEPTEMBER 26, 2023

It is also turning Acra’s business into a technology-first one, the statement said. It was designed to seamlessly integrate with existing lender systems, including CRMs, Point-of-Sales, LOS, and document management systems. This partnership marks a milestone in Tavant’s expansion into non-QM lending.

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Lending Technology Design Investors 410

Housing Wire

SEPTEMBER 23, 2022

Thrive’s chief operations officer Selene Kellam , who designed the lender’s operations workflow, will be the chief executive officer starting in 2023. billion in loans over the past 12 months, 90% of it through the retail channel, according to data on mortgage tech platform Modex.

Mortgage 370

Mortgage Retail Loan Officers Technology 370

Housing Wire

JUNE 24, 2021

Strong purchase lenders that historically did 70% purchase business, originated 70% refinance. And while that refi wave continues to drive some unbelievable production numbers – now is the time for mortgage professionals to focus on the purchase business that will be critical to success over the next decade.

Loan Officers 382

Loan Officers Lending Finance Business 382

Housing Wire

DECEMBER 1, 2020

Within four years, Akinmade and his team have built a robust, automated marketing platform, which is driven by investment in technology, to give retail loan officers a competitive edge. During Akinmade’s tenure, CMG launched HomeFundIt, a digital down payment gifting platform, and enhanced the service with iterations like UpIt.

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Loan Officers Retail Training Design 257

Housing Wire

AUGUST 8, 2023

According to Sahi, there are three primary components that will help lenders succeed in today’s mortgage environment, and beyond: speed to market, margin management and loan officer experience and education. “If First, the PPE should be architecturally designed to accommodate any lenders’ unique business strategy or use case.

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Architecture Technology Loan Officers Design 370

Housing Wire

JULY 7, 2022

In Portland, Oregon, for example, one loan officer noted that new listings doubled in the second half of May from 800 to 1,900 new listings. After the housing crisis of 2008, many homebuilders went out of business, and for years following the recovery, building did not pick up to the level needed to accommodate demand.

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Inventory Marketing Mortgage Supply Chain 397

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

FEBRUARY 28, 2022

“Our rebrand to Pennymac TPO is a sign that we are increasing our investment in talent, technology, products and services – all designed to support our wholesale partners on their journey of success,” said Kim Nichols, Senior Managing Director at Pennymac. title and appraisal) and other industry experts. Commitment to servicing.

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Technology Clients Business Investing 397

Housing Wire

JUNE 2, 2021

” The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. ” The post SimpleNexus founder drops CEO job to lead skunkworks project appeared first on HousingWire.

Real Estate Agent 365

Real Estate Agent Development Real Estate Technology 365

Housing Wire

MARCH 7, 2024

We, like many companies, have a lot of knowledge in email systems across our business. I like to think about how much more business each of our people could be doing if they are able to focus on the human elements of a transaction. One of the things that we are always conscious of at First American is the concept of proprietary IP.

Real Estate 431

Real Estate Investing Human Resources Technology 431

Housing Wire

NOVEMBER 29, 2021

Bureau of Labor Statistics does not have a job category set up solely for mortgage underwriters, but it does track job growth, or lack of it, in a category it calls “loan officers,” which includes underwriters as a subset. The startup firm started doing business in the second quarter of this year.

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Loan Officers Supply Chain Mortgage Marketing 466

Housing Wire

MAY 2, 2021

With so many people involved – including the appraisal desk, loan operations, loan officers, underwriters, the IT/product team, borrowers and appraisal vendors – there’s room for error that could negatively impact the home buying experience. There’s no denying the complexity of the appraisal process.

Appraisal 236

Appraisal Appraisal Process Valuation Loan Officers 236

Housing Wire

SEPTEMBER 30, 2020

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. Origence designed its platform with the ability to continually transform and stand the test of time. Andrew Weiss, Vice Principal of Platform Strategy.

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Lending Modernization Mortgage Technology 221

Housing Wire

JULY 13, 2023

CoreLogic , a provider of real estate data, analytics, and solutions, unveiled this week an upgrade to its CoreLogic Discovery Platform, offering users streamlined access to data-driven business analysis. The recent enhancement introduces pre-designed solutions tailored to assist mortgage lenders in transforming data into valuable insights.

Design 74

Design Loan Officers Real Estate Business 74

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. In 2019, Blend processed a total of $538 billion in loans, more than double the $211 billion worth it processed in 2018. Stay tuned for updates.

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Investing Loan Officers Technology Development 496

Housing Wire

AUGUST 31, 2020

Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. Because as much as automation is a long-term vision, it’s also about lenders proving value to the business as they move along the course.”.

Lending 410

Lending Technology Tools Training 410

Housing Wire

APRIL 16, 2024

Take, for example, Miami-based proptech firm Realfinity , which aims to challenge the status quo with a new business venture. 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.

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Real Estate Agent Loan Officers Real Estate Agents 466

Housing Wire

OCTOBER 5, 2023

Home equity loans originated by Rocket Mortgage, UWM and Pennymac, loanDepot, Spring EQ, Figure Lending and a nonbank called Achieve Home Loans have all been used as collateral in securitization offerings so far this year. The mortgage businesses is down sharply but the HELOC business is up sharply,” he added. “It’s

Housing Market 421

Housing Market Marketing Contracts Finance 421

Assurance Financial

APRIL 15, 2024

Prairieville, Louisiana, is a small census-designated place just south of Baton Rouge. Residents can easily commute from their Prairieville homes to their jobs with the many growing businesses in the region. Our Prairieville loan officers know the region and its economy.

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Housing Market Loan Officers Finance Buyers 36