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 337

Appraisal Buzz

APRIL 23, 2024

He spent over a decade in various executive and managerial positions, where he led a highly successful team that included analytics, risk management, training, communications and vendor management while managing two of the top five lending institutions and the firm’s GSE relationships.

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Lending Training Design Tools 195

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.

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Lending Technology Tools Training 403

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.

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Mortgage Technology Tools Business 395

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.

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Lending Loan Officers Business Investors 387

Housing Wire

APRIL 19, 2024

The last refi boom trained lenders to focus on top-of-the-funnel metrics. At a time when lenders are reporting a pre-tax net loss of more than $2,000 on each loan they originate, trying to crank more loans through the system can mean digging their grave deeper and going out of business faster.

Mortgage 391

Mortgage Training Business Tools 391

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.

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Loan Officers Mortgage Lending Modernization 404

Housing Wire

MARCH 14, 2022

Why embrace the new when the folks in the back office were doing just fine with the tried-and-true tools — even if these tools were pen and paper? From my perch as the CEO of a digital lending platform, the past two years have witnessed a sea change in technology adoption. The path to digital lending.

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Mortgage Technology Tools Lending 274

Housing Wire

APRIL 24, 2023

Our proprietary predictive analytics engine has been trained on nearly one billion credit inquiries. If you look at the new LLPA tables, you’ll see that the investors reward lenders for lending to less risky borrowers. CreditXpert is a data science company. One measure of that risk is the applicant’s credit score.

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Business Loan Officers Training Tools 315

Housing Wire

JANUARY 26, 2024

They will try to woo you with promises of free marketing materials, high commission splits, and fancy tech tools. Marketing and Technology: The marketing strategies and technology tools provided for agents. Support and Training: The level of training, mentoring, administrative, and marketing support provided to agents.

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Real Estate Brokerage Agents Real Estate Agent 371

Housing Wire

SEPTEMBER 27, 2021

Arming your origination team with the right technology and training to manage consistency, compliance and brand recognition on social media is worth the investment – not to mention the peace of mind. Training Loan Officers on Compliance Issues. Ongoing Training and Monitoring. Discussing Privacy Concerns.

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Loan Officers Training Development Technology 359

Housing Wire

OCTOBER 19, 2023

And then there are some areas that are specific to our products in the non-QM lending space where there may not be anything in the market that is pre-built or off the shelf and the only opportunity to actually bring some of our lending products to market or execute on our on our strategies is to build something custom.

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Technology Tools Investing Lending 320

Housing Wire

FEBRUARY 29, 2024

In our training, there’s so much focus that we can’t do anything that would be even accidentally discriminatory.” Regulators at the Consumer Financial Protection Bureau (CFPB) have expressed growing concerns about fair lending issues associated with pricing exceptions. Fair lending concern To start, here’s how pricing exceptions work.

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Loan Officers Mortgage Lending Real Estate Agent 357

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?

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Mortgage Clients Business Training 347

Housing Wire

APRIL 27, 2022

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.”. 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. Brokers do.

Marketing 365

Marketing Tools Development Training 365

Housing Wire

MAY 18, 2022

In fact, many financial researchers and scholars have identified it as a strategic tool that should be considered part of a holistic financial strategy for retirement. HW: How does Reverse Mortgage Funding help lending professionals educate themselves and their clients on the benefits of reverse mortgages in our current housing market?

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Mortgage Clients Insurance Tools 390

Housing Wire

AUGUST 31, 2023

Last year, Freddie Mac launched another solution that allows a trained property data collector to visit the home and gather images, measurements and property characteristics. A trained and vetted third party can perform the data collection. More recently, Fannie Mae launched a similar solution.

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Modernization Appraisal Inspection Valuation 322

Housing Wire

SEPTEMBER 20, 2022

There’s an opportunity here for risk and QC teams to encourage trust in the lending space through strong processes and review. Ensuring trust in lending opens doors for more creativity, such expansion of the credit box and additional products, ultimately increasing access to homeownership and therefore, expansion of the credit box.

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Marketing Training Clients Technology 294

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.”.

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Lending Investors Mortgage Clients 332

Housing Wire

SEPTEMBER 22, 2020

It’s no secret that much of our space is busy trying to push mortgage loans through the pipeline without losing them as their sales funnels overflow. This is not a suggestion where you drop what you’re doing, push your production team into training and staff up the compliance department. It’s not a direct revenue center. It’s tedious.

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Training Lending Loan Officers Technology 317

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. An improperly used axe can injure the user or be damaged through misuse rendering the tool useless.

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Technology Appraisal Valuation Lending 389

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.”.

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Client Relationships Clients Technology Business 342

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 tools to its agents.?

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Development Business Realty Realtors 66

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. Suddenly the lender has relevant products for homebuyers they couldn’t serve before: the self-employed, business owners and entrepreneurs of all kinds.

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Marketing Lending Loan Officers Training 312

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.

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Marketing Technology Lending Business 229

Housing Wire

JANUARY 14, 2021

It has brought in interactive technology and cognitive business process tools as resiliency responses to the crisis. The sprint to accommodating business process delivery in response to COVID-19 has awakened a new interest in direct-to-consumer and direct business-to-business technology collaboration opportunities.

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Mortgage Technology Business Tools 476

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 378

Marketing Real Estate Agent Loan Officers Advertising 378

Housing Wire

FEBRUARY 10, 2022

Tricky situations can arise in mortgage lending, especially when navigating less-common products or originating non-agency loans. “They’re doing the same exact training every single year, ” he said. The hours spent on continued education should be useful. ” They aren’t delivering the latest information.”

Loan Officers 338

Loan Officers Law Training Lending 338

Housing Wire

AUGUST 7, 2020

As record-low interest rates drive a refinance boom and spikes in mortgage applications, many businesses are adjusting to the present market. Increased volume is great for business, but the excitement of an influx of customers can make it easy to forget about the challenges of taking on that much volume.

Technology 357

Technology Tools Loan Officers Business 357

Housing Wire

JUNE 30, 2021

The company also provides extensive product, credit and technology training to ensure clients can take advantage of new product benefits and process enhancements. We are renowned industrywide for helping brokers grow their business to become a Non-Delegated Wholesale Correspondent lender,” Bilodeau added. “In

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Mortgage Clients Training Government 195

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Sharing your success lends to your credibility as an agent. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

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Real Estate Agents Real Estate Agent Clients 337

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. So, let’s pull this string one layer deeper.

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Real Estate Sellers Technology Real Estate Agent 408

Housing Wire

MARCH 28, 2022

Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. Fannie Mae’s Q2 2021 Mortgage Lender Sentiment Survey found that lenders’ top-two business concerns are process streamlining and talent management. trillion in U.S.

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Marketing Real Estate Agent Business Transportation 338

Housing Wire

APRIL 27, 2021

In many of those reviewed, there is a strong desire to keep appraisals and appraisers as key components of the mortgage lending process. Because Freddie and Fannie are such a large share of the market, their appraisal guidelines—forms and methods—become the de facto industry standards for residential mortgage lending.

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Modernization Appraisal HOA Valuation 224

Housing Wire

NOVEMBER 30, 2023

Business Ebooks by Industry Experts, Career Resources, Downloadable Resources, Digital Flashcards, Real Estate Glossary & Study Schedule Standard: All Basic Features + Exam Prep Edge (National and Ohio) and Pass Guarantee Value: All Standard Features + Business Building Courses Premium: All Value Features + The CE Shop 20-Hr.

Real Estate 362

Real Estate Real Estate Agent Law Inspection 362

Housing Wire

OCTOBER 29, 2021

HousingWire recently spoke with Dave Steinmetz, Division President of Origination Services for ServiceLink, on what tools lenders should leverage to streamline home equity title and closing. HousingWire: How did the title business adapt to unique conditions caused by the pandemic, the growth of the remote workforce and low interest rates?

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Inspection Technology Clients Tools 270

McKissock

JUNE 4, 2021

” “My mother trained me and I want to train my family member someday. I have a MBA and it is my goal to become certified as soon as I am able so I will have the option to train future appraisers.” ” “As many appraisers can attest, breaking into the appraisal business can seem almost impossible.

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Appraisal Training Business Technology 90