Housing Wire

NOVEMBER 17, 2022

Wisconsin-based mortgage lender Waterstone Mortgage Corporation appointed Chik Quintans its new director of digital marketing, the company announced Thursday. Quintans’ professional career spans more than two decades in mortgage lending. Prior to Waterstone Mortgage, he was a digital marketer at UnderGround Marketing Society LLC.

Mortgage 356

Mortgage Marketing Training Design 356

Housing Wire

DECEMBER 7, 2023

Flagstar ’s presence and expertise in the third-party wholesale mortgage origination market have combined to create a history of success extending over 35 years. Business partners that work with Flagstar see its one-stop-shop business model as a convenient and complementary platform and a catalyst to growing their own businesses.

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Lending Clients Business Technology 297

Housing Wire

SEPTEMBER 29, 2020

In light of rampant uncertainty and economic hardship, homeowners are leaping at the opportunity to save thousands in annual payments , and the refi market is booming. This sounds like great news for lenders, for whom millions of newly refi-eligible mortgages means a lot of new business coming in. You are what you eat, after all.

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Lending Loan Officers Business Investors 403

Housing Wire

MARCH 23, 2023

With current market conditions having a negative impact on traditional agency loans, expanding into non-QM products can allow brokers to grow their business and reach a wider borrower pool. But what’s the best way for brokers to market themselves to reach that wider, non-QM audience? Why a solution provider?

Marketing 308

Marketing Lending Advertising Technology 308

Housing Wire

OCTOBER 19, 2021

While 2021 volume is expected to slow somewhat, the purchase market appears to be on pace to surpass refinances, the MBA said. HousingWire: How has the shift from a refi to a purchase market changed the dynamics for lenders? HousingWire: How has the shift from a refi to a purchase market changed the dynamics for lenders?

Business 337

Business Clients Technology Training 337

Housing Wire

SEPTEMBER 20, 2022

With so much changing in the market, it’s no surprise that the risk of mortgage fraud has increased this year. HousingWire: In this time of market change and as we head towards the last quarter of 2022, what are the hot topics in risk, fraud prevention and loan quality? DG: We’ve all been keeping up with the headlines.

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Marketing Training Clients Technology 312

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 349

Mortgage Lending Finance Retail 349

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 367

Loan Officers Technology Lending Tools 367

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?

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Mortgage Retail Lending Loan Officers 352

Housing Wire

JULY 20, 2021

Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. De-risking efforts by GSEs, migration shifts, demographic changes and more are pushing the market to adapt to meet the needs of today’s borrowers. Changing Borrower Activity.

Marketing 366

Marketing Lending Government Renovations 366

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 Marketing Radio.

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Loan Officers Mortgage Lending Modernization 404

Housing Wire

AUGUST 31, 2020

And hiring in a wave of high volumes can mean layoffs when the market is less robust. 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. That is where supervised automation comes in.”. State of Mortgage Automation.

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Lending Technology Tools Training 404

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. 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.

Marketing 386

Marketing Real Estate Agent Loan Officers Advertising 386

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. I mean we’re talking up to 30 years,” Nichols said.

Retail 368

Retail Mortgage Loan Officers Marketing 368

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. HousingWire: In today’s tight market, margin compression is impacting countless mortgage companies. You also have a mortgage market shrinking from $4.1

Marketing 330

Marketing Lending Loan Officers Training 330

Housing Wire

FEBRUARY 8, 2023

Homelendia said the franchisor model offers a turnkey solution for things like licensing, training, marketing support, loan processing services and ongoing assistance. Homelendia also claims to offer the lowest cost mortgage brokerage business franchise in the industry.

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Brokerage Mortgage Training Lending 338

Housing Wire

APRIL 12, 2023

None of the surveyed mortgage professionals said staff cuts caused decreased ability to close loans and lack of training were the challenges they faced. LenderPulse requests surveys from 24,000 mortgage professionals across the country on market trends and lender opportunities and challenges. Of the 155 completed surveys, 32.3%

Mortgage 314

Mortgage Marketing Loan Officers Real Estate Agent 314

Housing Wire

APRIL 30, 2021

Community lenders have big opportunities in today’s purchase market. 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. Presented by: Computershare Loan Services.

Marketing 236

Marketing Technology Lending Business 236

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

FEBRUARY 8, 2022

Newport Beach, California-based Excelerate Capital , a long-time non-QM lender with a growing market presence, finalized its acquisition of Castle Mortgage Corp. 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. .

Marketing 347

Marketing Retail Lending Mortgage 347

Housing Wire

APRIL 27, 2022

In the midst of the current market volatility, many lenders are looking for ways to grow their broker channels in an effort to initiate and build relationships with borrowers. Between their expertise and access to tools, they’re the right people for the job and will come out on top on the other side of the purchase market.”.

Marketing 368

Marketing Tools Development Training 368

Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. It’s a different approach to lending.

Mortgage 345

Mortgage Loan Officers Lending Retail 345

Housing Wire

SEPTEMBER 27, 2023

The DOJ alleges that the bank also failed to train and incentivize its staff to market and advertise its mortgage services to compensate for its lack of presence in these areas. A director of community lending will oversee the business in communities of color.

Advertising 383

Advertising Loan Officers Lending Training 383

Housing Wire

FEBRUARY 28, 2024

Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. HousingWire: What factors are contributing to borrowers falling out of the Agency market? Census Bureau.

Mortgage 352

Mortgage Investors Real Estate Business 352

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 346

Lending Law Legal Training 346

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

The real estate market has been on a crazy ride for the past few years. However, over the past year, my business has been changing rapidly as I shift away from lending work to non-lender work as my primary business. She is a very cool person and knows her stuff when it comes to marketing. Did I go dark?

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Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. Lenders in a purchase money market, like the one we’re in now, are running a long-distance race. In our business, that’s the refinance transaction. By the time rates reached 5%, the refi business was essentially gone.

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Mortgage Technology Tools Business 413

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. But Interfirst struggled to maintain volumes in the following years as the market turned to purchase.

Human Resources 358

Human Resources Loan Officers Retail Training 358

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 customer acquisition and retention, the creation of digital assets provides greater capital market efficiencies and reduces costs and errors.

Mortgage 367

Mortgage Training Business Transportation 367

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. Blink+ is a white-label, borrower-facing digital application tool.

Tools 302

Tools Training Technology Clients 302

Housing Wire

JUNE 22, 2023

It ceased that business in December 2022 after rising mortgage rates wreaked havoc on the housing industry. Bowlby noted that AmeriFirst never closed business. Its BPL business originates about $30 million in volume every month, according to the firm. On June 1, Arizona-headquartered retail lender AmeriFirst Financial Inc.

Loan Officers 333

Loan Officers Mortgage Real Estate Agent Business 333

Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Newer companies can enter the market on more equal footing, offering fresh perspectives and innovative features.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

MARCH 4, 2021

2021 is already shaping up to be a vastly different year than 2020 for the mortgage and real estate industry, and it’s not only because we’re entering a purchase market. Errors, mistakes and even fraud at the closing end can lead to a loan that can’t be (or shouldn’t have been) sold on the secondary market.

Lending 408

Lending Law Loan Officers Clients 408

Housing Wire

APRIL 5, 2024

With civil rights bills like the Fair Housing Act (FHAct) and Equal Credit Opportunity Act (ECOA) now the law of the land, most lenders will note that they rely on supposedly objective borrower screening algorithms to make lending decisions. But the results tell a different story.

Mortgage 337

Mortgage Lending Buyers Property Management 337

Housing Wire

MAY 25, 2022

There’s no question that 2022 has seen serious changes to the housing market. In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? That means getting acquainted with the challenges common to the non-QM market.

Lending 366

Lending Investing Loan Officers Design 366

Housing Wire

APRIL 26, 2022

Over that time, we have been through several market cycles — similar to those the industry is experiencing today. “As As a result of today’s market, some team members have told us they are considering a move to another position or a completely different industry. That was a 35.4%

Human Resources 370

Human Resources Lending Mortgage Training 370

Housing Wire

DECEMBER 13, 2021

Serving some of the top organizations in the real estate and lending space is a privilege,” said Jason Mitchell, president of JMG. When you are able to add the number of closings we do to our agents’ book of business, they understand the importance of delivering the results we require.”. A great partner has the control.

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Real Estate Real Estate Agent Agents Clients 414