Housing Wire

JANUARY 18, 2023

We’ve taken our years of mortgage experience and processes, and allowed any business to offer mortgage to its customers,” co-founder and CEO Dan Snyder said in a statement. Wagner will be responsible for helping Lower’s partners develop their business strategy in the home lending space, Synder said. population.

Mortgage 369

Mortgage Lending Finance Retail 369

Housing Wire

SEPTEMBER 29, 2020

This sounds like great news for lenders, for whom millions of newly refi-eligible mortgages means a lot of new business coming in. To help prepare, the industry experts at TMS have compiled a list of proactive steps to take to make sure that, when refi sweets are less abundant, your business will already be nutritious.

Lending 424

Lending Loan Officers Business Investors 424

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Mortgage Lending Mastery.

Loan Officers 410

Loan Officers Mortgage Lending Modernization 410

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.”. State of Mortgage Automation.

Lending 410

Lending Technology Tools Training 410

Lamacchia Realty

NOVEMBER 30, 2021

We are thrilled to announce our Business Development team has expanded to Florida! Theresa Ercoli, a Florida resident, will be the first business development consultant based out of the Fort Lauderdale office and we cannot wait to see what she accomplishes! Vice President of Business Development. “I

Development 66

Development Business Realty Realtors 66

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 364

Mortgage Retail Lending Loan Officers 364

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.

Appraisal 397

Appraisal Design Lending Development 397

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. What are some specific types of non-lending assignments that might be worth adding to your workload this year? Read the full survey results below.

Lending 99

Lending Appraisal Property Taxes Training 99

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. In our business, that’s the refinance transaction. Anticipating the start of the refi race When mortgage rates finally rose above their historically low levels, the mortgage refinance business started to dry up.

Mortgage 443

Mortgage Technology Tools Business 443

Housing Wire

MAY 2, 2022

It was not enough: the Rosemont, Illinois-based business plans to lay off 140 more employees in May, a Worker Adjustment and Retraining Notification Act (WARN) the company filed in early March reveals. Presented by: Acra Lending. Godin relaunched the business in late 2019 as a lender focused on both wholesale and retail channels.

Human Resources 375

Human Resources Loan Officers Retail Training 375

Housing Wire

JUNE 30, 2021

With this unwavering focus, we help brokers close loans fast, get referrals and grow their business,” Chief Operating Officer Melinda Wilner said. The company also offers both onsite and virtual Success Track training for loan officers, processors and broker owners.

Tools 306

Tools Training Technology Clients 306

Housing Wire

JANUARY 24, 2023

The ‘ultimatum ’ it imposed two years ago effectively prohibited broker partners from also doing business with two of UWM’s rivals. The lender’s price reduction by 50 to 100 basis points across all its loans last year led to accusations that UWM was making it impossible for some lenders to do business in the space.

Lending 361

Lending Law Legal Training 361

Housing Wire

JUNE 28, 2022

There’s no question that a digital-first way of doing business is becoming the norm and the demand for digital in the mortgage industry is only growing. In addition to the momentum and the economics, digital lending just makes sense. HousingWire: Is this the year that digital mortgages and eClosings really accelerate?

Mortgage 392

Mortgage Training Business Transportation 392

Housing Wire

JUNE 6, 2022

Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5

Mortgage 421

Mortgage Loan Officers Lending Human Resources 421

Housing Wire

FEBRUARY 18, 2022

I’ve always been mechanically inclined and developed a love for cars at an early age, based on the four drag race cars my father owned. The creation of the PAVE Task Force and the imminent publication of its findings may very well create shockwaves in the entire lending arena. John Brenan: I would be a mechanical engineer.

Training 373

Training Valuation Appraisal Real Estate 373

Housing Wire

AUGUST 3, 2021

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. PACE programs are also not regulated as heavily as other financial services, including mortgage lending.

Mortgage 417

Mortgage Clients Lending Technology 417

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. The brokers were in agreement that recruiting talent and maintaining strong partnerships will be key to not only brand development, but a lasting foundation that will continue post-pandemic. “So

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. HousingWire: As businesses of all types begin to rely more heavily on automation, is the mortgage industry doing enough to keep pace?

Technology 356

Technology Business Lending Training 356

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? Underwriters are trained as desktop underwriters (DUs). It’s not subprime lending. Scaling is hard.”.

Lending 369

Lending Investors Mortgage Clients 369

Housing Wire

APRIL 30, 2021

As homebuyers increasingly demand personal, service-driven experiences with their mortgage providers, community lending teams are well-positioned to capture business via the strong relationships they excel at creating. A primary reason community lenders avoid outsourcing is that they fear giving up control of their business.

Marketing 250

Marketing Technology Lending Business 250

Housing Wire

NOVEMBER 16, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler , CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. Sarah Wheeler: UWM develops all their software in-house. This interview has been edited for length and clarity.

Technology 440

Technology Training Development Mortgage 440

Housing Wire

APRIL 27, 2022

Since taking over as CEO in January of 2021, Sweeney has been focused on helping the AIME community build sustainable businesses and create success for themselves. Unlike banks, brokers can work with many different lenders to provide a variety of personalized lending options. They’re a part of their local communities. Brokers do.

Marketing 370

Marketing Tools Development Training 370

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 377

Mortgage Clients Business Training 377

Housing Wire

NOVEMBER 23, 2021

Just shy of a year ago, Interfirst announced that it would be opening an office in Charlotte to serve as a second headquarters for the company’s wholesale business. To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending.

Mortgage 378

Mortgage Loan Officers Retail Technology 378

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels. According to former employees and executives, business seemed strong as recently as summer 2021.

Mortgage 362

Mortgage Loan Officers Retail Training 362

Housing Wire

OCTOBER 26, 2020

In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions. “We AmeriHome’s commitments to clients and business partners have never missed a beat.”. The focus on long-term relationships is key.

Client Relationships 375

Client Relationships Clients Technology Business 375

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

Training 255

Training Technology Real Estate Valuation 255

Housing Wire

MAY 5, 2021

All told, the Detroit lending powerhouse originated $103.6 “The combination of our technology platform and Rocket Cloud Force of highly trained professionals, continues to deliver scalability and a client experience that is unmatched,” CEO Jay Farner said in a statement Thursday. Rocket also reported net income of $2.77

Mortgage 420

Mortgage Real Estate Agent Real Estate Clients 420

Housing Wire

NOVEMBER 3, 2023

” Other popular answers included, ‘implementing buyer representation agreements,” “full disclosure of client options,” and “more training on our value proposition.” “You must train all of your agents as to how you’re going to get compensated,” said Murray. in California.

Real Estate 316

Real Estate Brokerage Buyers Property Management 316

Housing Wire

FEBRUARY 8, 2022

in early 2021 as part of a larger plan to expand its origination reach beyond California — with the goal of creating a national lending footprint. . With the Castle acquisition and tech integration now completed, our intent is to lend nation nationwide in the non-QM market. It was kind of a no brainer, just low-hanging fruit.

Marketing 361

Marketing Retail Lending Mortgage 361

Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. This advertising strategy, among a handful of others, has helped the LO connect with Russian-speaking Realtors and win the business of borrowers from former Soviet countries. “I

Marketing 396

Marketing Real Estate Agent Loan Officers Advertising 396

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” The layoffs impacted both the retail and wholesale channel and their positions following a training period of overseas staff, according to multiple sources. over the past 12 months to 6,121.

Mortgage 369

Mortgage Loan Officers Lending Business 369

Appraisal Buzz

AUGUST 23, 2021

They tend to push the outer limits of hours worked, especially in these extremely fruitful times of being spoiled for choice when it comes to lending and private appraisal work. Not only did you learn that you aren’t worth as much per hour as you thought, you also trained yourself to think that all of your hours were the same $23 hours.

Appraisal 435

Appraisal Business Training Clients 435

Housing Wire

AUGUST 25, 2022

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. Risky business. Homepoint’s financial statements tell the story. year over year to $9.3

Mortgage 397

Mortgage Loan Officers Finance Investors 397

Appraisal Buzz

AUGUST 23, 2021

They tend to push the outer limits of hours worked, especially in these extremely fruitful times of being spoiled for choice when it comes to lending and private appraisal work. Not only did you learn that you aren’t worth as much per hour as you thought, you also trained yourself to think that all of your hours were the same $23 hours.

Appraisal 370

Appraisal Business Training Clients 370

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. In these responses, I hear a lending industry clamoring for the freedom to use the “new tools” that already exist.

Technology 397

Technology Appraisal Valuation Lending 397

McKissock

JANUARY 6, 2023

How about one for you and your appraisal business? Our business is often affected by a seasonal slowdown, and with the current housing trends , it is possible that this slowdown will last longer than usual. Train future appraisers, collateral underwriters, AMC staff, real estate agents, and others in real estate appraisal.

Appraisal 74

Appraisal Training Lending Land Management 74