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Northpointe Bank to shutter its correspondent lending business

Housing Wire

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Production declined 25% to $5.49 billion in 2022 from the previous year’s volume of $7.29

Lending 370
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How the homeowner management approach builds a moat around real estate businesses

Housing Wire

Historically, though, professionals let their clients go after the transaction is complete rather than building a moat around the client that assures future transactions. The newest prop tech applications to moat the client relationship are home management tools. Give customers one place to manage their home.

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9 Things Clients Expect from Their Real Estate Agent

McKissock

Without accounting for your real estate clients’ common needs and expectations , you might be underperforming and risk losing their business. Here are nine things your real estate clients are expecting from you as their real estate professional: 1. So, take the appropriate steps to ensure your clients don’t feel ignored.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

In its March 2022 Single-Family Seller/Servicer Guide (Guide) Bulletin, Freddie Mac stated, “[ACE+ PDR] will allow Sellers and Borrowers to continue to benefit from originating loans without an appraisal while mitigating risks and ensuring we purchase Mortgages secured by properties in acceptable condition.”