Housing Wire

MARCH 15, 2023

The AI-powered language tool has been sparking conversations about where and how it can be used to make work more efficient, and the mortgage business is no exception. The tool has been trained on millions of pages of writing dating from 2021 and earlier across the internet. What can ChatGPT do for you?

Tools 346

Tools Training Business Development 346

Housing Wire

JUNE 5, 2023

As the top mortgage lender, we are always building, growing and improving broker tools on a daily basis. Mortgage brokers are uniting like never before and finding a true community as entrepreneurs and independent business owners with common goals. In fact, in 2022, over 20,000 loan officers joined the wholesale channel.

Mortgage 361

Mortgage Retail Lending Loan Officers 361

Housing Wire

JUNE 30, 2022

To further catapult wholesale channel growth, United Wholesale Mortgage (UWM) remains committed to developing proprietary technology and amplifying state-of-the-art training programs for mortgage brokers across the country. “At Brokers will also have the opportunity to purchase leads tailored to fit their unique business needs.

Mortgage 315

Mortgage Real Estate Agent Clients Tools 315

Housing Wire

JANUARY 17, 2024

The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). But economic forecasts and housing market predictions suggest that businesses need to be prepared for another shake-up in the near future. They have been able to reach sales goals with relative ease for over a decade.

Finance 438

Finance Real Estate Agent Real Estate Insurance 438

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. I have my business cards everywhere because the more people that see your cards and face, the better,” Naumovych said.

Marketing 391

Marketing Real Estate Agent Loan Officers Advertising 391

Housing Wire

OCTOBER 22, 2021

Rocket Pro TPO supports broker partners in a number of ways by giving them tools, training, leads and referrals and industry knowledge that may be otherwise difficult for a small brokerage to access. Rocket Pro TPO aims to help its broker partners grow their businesses. Rocket Pro TPO Pricing Calculator Helps Brokers Grow.

Tools 366

Tools Clients Technology Real Estate Agent 366

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 376

Technology Tools Loan Officers Business 376

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 404

Lending Technology Tools Training 404

Housing Wire

NOVEMBER 23, 2022

As rates increase and housing prices correct in 2023, sellers will want to take advantage of improving their chances to do business with an excited buyer who can obtain a lower than market rate with seller participation,” Jeff Miller, vice president of Pacific Northwest at Churchill Mortgage , said.

Buyers 464

Buyers Marketing Sellers Loan Officers 464

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. So who could possibly be thinking about compliance right now, except maybe, compliance officers? It just matters that your team is given the tools it needs to stay compliant.

Training 351

Training Lending Loan Officers Technology 351

Housing Wire

MAY 6, 2022

Suddenly the lender has relevant products for homebuyers they couldn’t serve before: the self-employed, business owners and entrepreneurs of all kinds. These groups represent a growing population of credit-worthy borrowers with strong FICO scores looking to buy the same properties as those who qualify for a traditional loan.

Marketing 344

Marketing Lending Loan Officers Training 344

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 412

Lending Loan Officers Business Investors 412

Housing Wire

DECEMBER 20, 2022

When the refi market dried up in 2022, business took a drastic turn for Thuan Nguyen, CEO of Loan Factory and the top loan originator on the Scotsman Guide for the last two years. Prior to the downturn, more than 90% of Nguyen’s business came from refinances. How is business delegated among team members?

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

MAY 9, 2024

Varun Krishna, Rocket Companies CEO, sat down with HousingWire CEO Clayton Collins at The Gathering event several weeks ago to talk about the company’s AI strategy and their new AI tool, Synopsis. Clayton Collins: You entered this business and this industry at a relatively challenging time. What’s your charge in year one as CEO?

Clients 316

Clients Technology Tools Loan Officers 316

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

Loan Officers 368

Loan Officers Training Development Technology 368

Housing Wire

FEBRUARY 10, 2022

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. “They’re doing the same exact training every single year, ” he said. LOs often lose focus during CE classes, he told HousingWire.

Loan Officers 366

Loan Officers Law Training Lending 366

Housing Wire

APRIL 24, 2023

Our proprietary predictive analytics engine has been trained on nearly one billion credit inquiries. A single click allows the loan officer to show them their potential and exactly what it will take to get there. CreditXpert is a data science company. Our artificial intelligence (AI) quickly identifies an applicant’s mid-score.

Business 348

Business Loan Officers Training Tools 348

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Mike, a North Carolina-based loan officer, had two loans closing in mid-January. The contrast between the deals was striking. “I have a loan closing today for first-time homebuyers who didn’t really press me on pricing,” he said.

Loan Officers 391

Loan Officers Mortgage Lending Real Estate Agent 391

Housing Wire

AUGUST 31, 2023

And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. A trained and vetted third party can perform the data collection. Who is eligible to take advantage of them?

Modernization 357

Modernization Appraisal Inspection Valuation 357

PennyMac

JULY 20, 2021

Many of them have had great training and even specialized experience working for seasoned Realtors®. Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business. What marketing tools will you use to help me?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

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.

Real Estate 371

Real Estate Agents Real Estate Agent Clients 371

Assurance Financial

DECEMBER 20, 2021

Living in a city might also make travel more accessible due to access to airports and train stations. Take inventory of all your belongings by categorizing them into certain groups, such as clothing, appliances, kitchen tools and toys. How to Downsize Your House. What Does Downsizing Mean for My Mortgage? Linked sources: [link].

Mortgage 69

Mortgage Renovations Buyers Investing 69

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. It’s going to be fun.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

NOVEMBER 5, 2020

It reminds me of the early 2000s, when the focus was growth and anyone who had a heartbeat could become a broker, whether they had proper training or not. There is a lack of financial literacy in schools and in many communities, and we want to help provide the tools people need to understand home buying and what that process looks like.

Mortgage 450

Mortgage Loan Officers Tools Training 450