Housing Wire

MARCH 14, 2024

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot , recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper into the current reverse mortgage business environment, she offered additional perspectives on multiple topics.

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Mortgage Clients Loan Officers Tools 324

Housing Wire

AUGUST 13, 2021

Homebuyers and homeowners use technology and mobile devices for every facet of their everyday lives, and e-commerce is business as usual. Most loan officers lose 70% of their past customers because they don’t have the process or tools to manage the relationship forward. To them it’s just “a mortgage application.”.

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Loan Officers Real Estate Agent Modernization Technology 442

Housing Wire

OCTOBER 10, 2022

We’ve right-sized areas of our business impacted the most by this volatile market, such as refinance, operations, training, and recruiting,” Lindsey LeBerth, the company’s director of communications, wrote in an email to HousingWire. “In According to the mortgage data platform Modex , Lower originated a total volume of $5.66

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Retail Loan Officers Modernization Training 358

Housing Wire

NOVEMBER 23, 2022

According to Cameron, the recent downturn has delivered the biggest and fastest rate increase in modern history — and the sharpest volume and revenue decrease the mortgage business has ever seen. The mortgage business is a cyclical one.We billion in 2012, the company decided to shutter its business in 2017.

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Marketing Loan Officers Business Mortgage 327

Housing Wire

JULY 19, 2022

Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. Distrust : Consumer trust has fallen across all sectors of business and government in the U.S. The 2022 Edelman Trust Barometer reported distrust is now society’s default emotion. The Move to hybrid.

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Mortgage Loan Officers Technology Real Estate 363

Housing Wire

AUGUST 17, 2022

Meanwhile the mobile app Nexus Engagement, which connects borrowers, loan officers and real estate agents, aims to capitalize on customers’ pre-application phase to convert more leads to closed loans. Its core features include an integrated home search, loan payments calculator and the ability to begin a loan application.

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Lending Real Estate Agent Real Estate Technology 347

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. I’m an appraiser and our business is 100% dependent on appraisers being relevant.

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Appraisal Technology Modernization Real Estate Agent 409

Housing Wire

FEBRUARY 28, 2023

Now is the time for lenders to decide: Do I want to remain in a closed ecosystem of antiquated technology, or do I investigate the new, most modern provider that is finally doing things differently? As far as the pricing engine, loan officers have historically been left to navigate an experience that is subpar and insufficient.

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Mortgage Architecture Technology Modernization 281

Housing Wire

NOVEMBER 18, 2022

Modernizing origination to stay competitive in today’s housing market. This white paper will examine the growing importance of modernization in the mortgage lending industry. My time with PenFed has come to an end,” a loan officer posted on LinkedIn. Ross, general counsel at the company, wrote in the notice.

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Loan Officers Modernization Finance Housing Market 385

Housing Wire

JANUARY 4, 2024

A lot was built around those foundational technologies for what we have today in the Mello system, in the stack that our loan officers love and appreciate. You’ve got to be very rigorous about how you handle that debt and how you handle ongoing modernization of the platforms that your business depends on.

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Technology Loan Officers Modernization Development 296

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals.

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Modernization Technology Appraisal Mortgage 67

Housing Wire

JUNE 29, 2022

Loan officers must understand what modern millennial and Gen Z homebuyers want from their lenders. For mortgage professionals looking to buoy their loan volume through the rest of the year and beyond, understanding the motivations, behaviors and the barriers to entry for these borrowers will only become more vital for success.

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Loan Officers Mortgage Modernization Business 397

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.

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Tools Training Technology Clients 302

Housing Wire

OCTOBER 3, 2022

When it comes to origination, modernization is key to enhancing the customer experience, improving overall cycle times and increasing overall profit. Regardless of the size of a lending business, having the right origination software is the first step in creating a homebuying experience built for the 21st century.

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Technology Loan Officers Modernization Retail 307

Housing Wire

SEPTEMBER 30, 2020

Lenders who want to move away from a frustrating, one-size-fits-all approach to origination need a modern solution that helps streamline processes while maintaining compliance. 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.

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Lending Modernization Mortgage Technology 195

Housing Wire

MARCH 25, 2021

In short, their AI platform, which is built on aggregated loan data from its network, allows loan officers, processors and underwriters to offload manual, arduous tasks. Business process outsourcing and digital transformation are proven solutions that more mortgage companies are adopting. mortgage market.

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Mortgage Lending Technology Loan Officers 366

Housing Wire

JUNE 2, 2023

This resolution makes clear our commitment to holding banks and financial institutions accountable for modern-day redlining while ensuring access to fair lending in communities of color.” He also said that the company opened a branch and business center in downtown Allentown, “in a majority minority census tract.”

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Lending Advertising Design Loan Officers 263

Housing Wire

MARCH 10, 2021

As a result, these lenders are more likely to foster a customer base that generates repeat business and referrals. In the race to acquire borrower business, big banks often struggle with local relevance—even large marketing budgets can’t replicate organic relationships and trust formed over time with prospective customers.

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Marketing Technology Lending Business 382

Housing Wire

OCTOBER 6, 2020

When the concept of big data first emerged, it was a dream based on the need to centralize information so lenders could run analytics to gain insight into the nature of their evolving businesses and the changing demands of customers. Borrowers were not comfortable turning over their credentials to loan officers or processors.

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Technology Mortgage Investors Investing 440

Housing Wire

DECEMBER 31, 2021

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. One of the ways that lenders “manage expenses” has historically been by laying off processors and loan officers.

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Marketing Law Government Mortgage 413

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 291

Housing Wire

JANUARY 14, 2022

HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate.

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Brokerage Agents Real Estate Loan Officers 386

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 tips could also secure referrals for businesses you partner with, who could in turn be more motivated to refer you to their client base.

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Real Estate Agents Real Estate Agent Clients 339

Housing Wire

MARCH 13, 2023

The Justice Department is working to ensure an open and fair housing market by taking on appraisal bias, modern-day redlining, discriminatory loan pricing practices, and other forms of discrimination that may rear their ugly head at any stage of the home-buying process.” After the appraisal, loanDepot said it would not extend the loan.

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Appraisal Valuation Law Loan Officers 333

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.

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Appraisal Appraisal Process Valuation Loan Officers 207

Housing Wire

JUNE 8, 2022

Businesses and entire industries tanked during the pandemic, but it created an ideal environment for mortgage tech companies, some of which rode the wave to banner years and historic growth. Morgan Chase and Santander Bank (the latter of which recently exited the mortgage business ). So it’s like middle-office, later stage workflow.

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Mortgage Technology Loan Officers Investing 327

Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. FHA has had gaps in loss-mitigation oversight of servicers it approved. Premium product.

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Insurance Modernization Lending Mortgage 329

Housing Wire

JULY 13, 2021

OriginPoint has a Chicago address, and it is actively looking for loan officers, according to OriginPoint’s website. It’s part of their business model.”. Compass has called itself a tech company, Wong noted, and as recently as this May its CEO Robert Reffkin said that Compass’s goal was to modernize an archaic industry.

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Brokerage Real Estate Agents Clients 293

Housing Wire

MARCH 1, 2022

Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. In 1995 Clayton Christensen and Joseph Boyer published an article in the Harvard Business Review about disruptive innovation. Our economy deserves it.

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Real Estate Brokerage Real Estate Agent Technology 312

Housing Wire

OCTOBER 27, 2020

Loan officers receive title complexity decisions within seconds at the point of sale – so they can create a runway for more straightforward orders and focus resources on more complicated ones. The best providers combine improving their clients’ processes with modernizing the consumer experience.

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Clients Technology Insurance Loan Officers 321

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. It is just busy all year round, so it took some of the seasonality out of it. Today, the Cache la Poudre River runs through modern-day Fort Collins. Rapid City, South Dakota.

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Housing Market Marketing Real Estate Real Estate Agent 313

Housing Wire

FEBRUARY 8, 2023

When mass-market loan origination systems emerged on the scene in the early 1990s, they revolutionized the mortgage workplace by allowing originators to save loan files on a personal computer and share them across local networks — a huge step up from typewritten applications and mainframe computing.

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Loan Officers Technology Lending Transportation 66

Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. First of all, the value of an STR has three major components: 1) the real estate, 2) personal property, and 3) the business. Moat and Waterfall at This $880K Midcentury Modern Inspired Home in Vermont 4 bedroom, 3.5+

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Appraisal Contracts Business Construction 80

Housing Wire

MARCH 29, 2022

Senior administration officials claim that rooting out “modern-day redlining” is a top priority. Although half of Memphis’ census tracts are majority-minority, Trustmark did not assign a single mortgage loan officer to any of its branches in those areas, the federal government said. Business expense.

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Lending Government Law Mortgage 347

Appraisal Today

OCTOBER 21, 2022

Appraisal Business Tips . NOTE: Please scroll down to read the other topics in this long blog post on retirement, liability, ADUs, appraiser cartoon, real estate market, Appraisal business, unusual homes, mortgage origination stats, etc. ==. It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says.

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Appraisal Marketing Contracts Insurance 52

Appraisal Today

OCTOBER 14, 2022

Lastly, many lenders have progressed beyond the initial risk identification stage, or the “gotcha stage” to a holistic and strategic approach that accepts risk into their business objectives. Appraisal Business Tips . I have been through several significant appraisal business downturns. To read more, click here.

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Appraisal Insurance Real Estate Business 52

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. There’s 2 million small business owners which are realtors. There’s 500,000 loan officers. Kenon Chen. Jeff Allen. Kenon Chen. Jeff Allen.

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Sellers Agents Real Estate Buyers 69