article thumbnail

Tane Cabe talks reverse mortgage industry challenges, software development

Housing Wire

“They’re a more forward-thinking broker, and there has been lots of activity with the HECM Tool, which is a software application that I developed. Cabe has similar feelings as his colleagues in different parts of the country, and he is generally optimistic about the state of the industry in early 2024.

article thumbnail

FHA does a solid for mortgage credit rejects. Will it move the needle for loan officers?

Housing Wire

Department of Housing and Urban Development ( HUD ) called FHA Connection, a database used to insure and generate FHA case numbers associated with the borrower’s home loan application. When the borrower is denied for an FHA mortgage loan, an MCR report had to be created for that denial.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cloudvirga’s POS platform provides loan officers with everything they need to prepare a loan in minutes

Housing Wire

Cloudvirga’s platform solves for both by creating the best experience for borrowers and loan officers. The Cloudvirga team has been able to dramatically improve the experience of the borrower and the loan officer. It focuses on more than just task management and automation.

article thumbnail

MMI names Brian McKray as director of product development

Housing Wire

Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has appointed Brian McKray as the director of product development. The platform offers granular insights into lenders, loan officers, and real estate agents by region or individual transactions.

article thumbnail

NAF taps Mosi Gatling for newly created executive role

Housing Wire

Rebecca Anderson, senior vice president of strategic communications and public relations at loanDepot, wrote to HousingWire that the company “enjoys a long history of attracting and developing top-notch talent and “we thank Mosi for her many contributions to loanDepot and wish her the best in the next chapter of her career.”

article thumbnail

Opinion: How marketing automation saved an LO’s business

Housing Wire

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.

Business 431
article thumbnail

US Mortgage Corporation committed to reverse channel, new HECM head says

Housing Wire

Investor interest, product offerings When asked about investor interest, Krajewski said that partners are eager about the prospect of more companies entering the reverse mortgage business — especially firms that are well known to them. Too often, forward loan officers are just focused on their real estate agent partners.

Mortgage 384