Housing Wire

JANUARY 30, 2024

billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. Cincinnati-based First Financial Bank has agreed to direct $2.4

Investing 356

Investing Mortgage Lending Loan Officers 356

Housing Wire

SEPTEMBER 27, 2023

Maxwell acquired LenderSelect Mortgage Group from Blue Ridge Bank in May to expand its secondary market trading platform, bringing hundreds of new clients to the company’s other solutions. Maxwell claims the average loan officer on Maxwell’s platform consistently closes 20% more loans each month than the national average.

Lending 403

Lending Technology Loan Officers Clients 403

Appraisal Buzz

MAY 10, 2024

Mortgage Capital Trading (MCT) has introduced Base Rate Generator, a new solution that allows mortgage lenders to directly inform their front-end rate sheet pricing with their back-end capital markets executions. It has helped us to be more exact in our pricing which, as a result, has generated more business for us.”

Loan Officers 195

Loan Officers Investors Clients Development 195

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. Appraising real estate in a fast-changing market.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. But Woodward struggled to originate purchase loans. “I Without that being built, I was starting from scratch.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

FEBRUARY 16, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with New American Funding CEO and Co-founder Rick Arvielo to talk about the acquisition, the company’s strategy for the rest of 2024, and what differentiates NAF in this market. Sarah Wheeler: Market conditions have fueled a lot of M&A activity recently.

Loan Officers 400

Loan Officers Retail Clients Real Estate Agent 400

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. However, Davis’ relationship with the agent turned sour and she has not yet been able to develop relationships with other agents.

Marketing 392

Marketing Real Estate Agent Loan Officers Advertising 392

Housing Wire

SEPTEMBER 12, 2023

Shannon Hoff, a California-based branch manager at American Pacific Mortgage (APM), finds herself both enthusiastic and cautious as she assesses the prospects of the mortgage market in the coming year. “Lenders and loan officers right now are just in survival mode,” Hoff said in an interview. trillion or $1.7

Loan Officers 393

Loan Officers Investors Mortgage Clients 393

Housing Wire

SEPTEMBER 8, 2022

When mortgage lenders are talking about compliance in loan origination or mortgage servicing, the worst case can be pretty bad, so we often see companies investing heavily in the best tools. Mike is an experienced mortgage loan officer. Without marketing automation, he probably would have been right. Not anymore.

Business 418

Business Marketing Technology Tools 418

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. In fact, a veritable upheaval is headed for the housing market already. For real estate professionals, this option presents an opportunity to capture more sales.

Finance 442

Finance Real Estate Agent Real Estate Insurance 442

Housing Wire

SEPTEMBER 7, 2023

Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.” Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs.

Buyers 390

Buyers Agents Loan Officers Real Estate 390

Housing Wire

JUNE 30, 2022

Intuitive technologies developed and built by experts in both mortgages and technology can drive efficiency, reliability and profitability when paired with exceptional customer service. We keep our ears to the ground and are always ready to pivot, find a solution and develop technologies our clients need to have a competitive edge.”.

Mortgage 324

Mortgage Real Estate Agent Clients Tools 324

Housing Wire

JUNE 15, 2023

My college basketball career at Dartmouth College — and later during a professional stint overseas — played a significant role in developing the leadership skills I utilize every day. It ensures team members understand their duties and responsibilities, helps build quality client relationships and creates a positive work environment.

Client Relationships 361

Client Relationships Development Clients Tools 361

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. The brokers were in agreement that recruiting talent and maintaining strong partnerships will be key to not only brand development, but a lasting foundation that will continue post-pandemic. “So

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

AUGUST 8, 2022

HousingWire: Given the recent news about a few non-QM lenders shutting down, some loan officers might be hesitant about working with non-QM. What would you say to those loan officers? HW: What strategies can loan officers employ to win with non-QM in the second half of 2022?

Lending 363

Lending Loan Officers Training Investors 363

Housing Wire

SEPTEMBER 30, 2021

Borrowers, loan officers, and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is designed to deliver value to both borrowers and lenders–”from the point of thought of buying a house to the point of owning a home.” .

Loan Officers 322

Loan Officers Architecture Real Estate Agent Clients 322

Housing Wire

JANUARY 10, 2024

Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive. Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development.

Mortgage 414

Mortgage Lending Loan Officers Design 414

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. And Rocket is well aware.

Loan Officers 366

Loan Officers Retail Real Estate Agent Real Estate 366

Housing Wire

JUNE 5, 2023

Mortgage brokers emerged as key players in the industry in the 1980s because they offered access to multiple lenders and loan products. Up until the financial crisis in 2008, mortgage brokers held nearly 50% market share. Now, they are sitting at 22% and climbing, because they offer the most loan options to borrowers.

Mortgage 364

Mortgage Retail Lending Loan Officers 364

Housing Wire

MARCH 24, 2023

By its own description, ChatGPT is “an AI-powered chatbot developed by OpenAI, based on the GPT (Generative Pretrained Transformer) language model. ChatGPT for lenders Several use cases exist for mortgage companies and loan officers to use ChatGPT and AI. She had attempted to contact the developer for months with no response.

Loan Officers 471

Loan Officers Legal Development Marketing 471

Housing Wire

JULY 30, 2021

As reverse mortgage loan officers aim to expand their repertoire of advertising methodologies, the use of an advertorial can be powerful but also comes with some caveats that any reverse mortgage loan officer should keep in mind prior to engaging in such advertising campaigns. A couple of things.

Mortgage 395

Mortgage Loan Officers Advertising Clients 395

Housing Wire

DECEMBER 23, 2022

With Fannie Mae and other organizations predicting a tough outlook for 2023’s housing market, loan officers should be looking to get their name out in front of as many potential borrowers as possible in order to secure business. Design your ideal client, the type of borrower you’d love to work with, and go from there. “If

Loan Officers 317

Loan Officers Business Mortgage Clients 317

Housing Wire

DECEMBER 16, 2021

The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels.

Mortgage 362

Mortgage Loan Officers Retail Training 362

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. We recently spoke to Bao Huynh, Director of Business Development at LoanScorecard, about these changes and the challenges of originating non-QM loans. But it may not be as sensitive as the more traditional refinance market.

Marketing 354

Marketing Investors Technology Loan Officers 354

Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. CMS is going heavy on a rarely used mortgage product to solve this market problem. Because Fannie Mae and Freddie Mac loans – nearly two-thirds of the mortgage market – are not eligible to be assumed, it’s a niche product.

Mortgage 379

Mortgage Loan Officers Government Buyers 379

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

JUNE 30, 2021

At UWM we focus on our client service, operational efficiency and speed to close loans. With this unwavering focus, we help brokers close loans fast, get referrals and grow their business,” Chief Operating Officer Melinda Wilner said. Blink+ is a white-label, borrower-facing digital application tool.

Tools 302

Tools Training Technology Clients 302

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. He described today’s non-QM market as a “very large bucket.”.

Loan Officers 441

Loan Officers Lending Mortgage Housing Market 441

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. With the Castle acquisition and tech integration now completed, our intent is to lend nation nationwide in the non-QM market.

Marketing 361

Marketing Retail Lending Mortgage 361

Housing Wire

APRIL 20, 2021

Adding gas to the fire, Google acknowledged that they would not develop alternate identifiers to track individuals browsing the web or use them in their products. Like many, I’m not saying this is the end of digital marketing as we know it. Loan officers stay competitive by taking advantage of Unify’s Mortgage Inquiry Alerts.

Real Estate 404

Real Estate Mortgage Loan Officers Advertising 404

Housing Wire

NOVEMBER 2, 2023

HousingWire recently spoke with Mack Walker, SVP of capital markets at Deephaven Mortgage , about how the year went for the non-QM sector and what’s in store for the industry in 2024. Due to a tightened credit market and other factors, non-QM has been more in demand and the interest among lenders is growing.

Investors 410

Investors Real Estate Lending Loan Officers 410

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. In 2020, Buyside clients closed close to $20 Billion in sales through Buyside, averaging over a 3000% ROI.

Valuation 316

Valuation Real Estate Agent Real Estate Clients 316

Housing Wire

JUNE 30, 2021

Despite uncertain economic times, the housing market experienced a surge during the pandemic. And while it’s been over a year since the start of COVID-19, the real estate market hasn’t slowed down. The biggest pain point we hear from our clients is turnaround time,” said Cindy Nasser, COO of PCV Murcor. “The

Clients 382

Clients Valuation Real Estate Appraisal 382

Housing Wire

MARCH 25, 2021

Maxwell, which markets its product to small and mid-sized lenders, uses artificial intelligence to streamline and accelerate the mortgage process for community lenders and their borrowers. It’s a big market they’re targeting, too: community lenders represent 50% of $4 trillion U.S. mortgage market.

Mortgage 400

Mortgage Lending Technology Loan Officers 400

Housing Wire

NOVEMBER 7, 2023

These clients are typically low on funds, which is why they need this type of financing. Adding this cost to their side of the transactions would throw the vast majority of them out of the market entirely.” Despite higher mortgage rates , demand for FHA and VA loans has been on the rise.

Agents 448

Agents Sellers Buyers Finance 448

Housing Wire

SEPTEMBER 29, 2021

We get our fulfillment not from the numbers but from watching our people develop and grow,” said Lawson. Everyone here is unique, likes to show that side to our clients and wants the people who work with us to see that and view us as a friend. The last thing we want to be seen as is a stuffy broker.”. “We

Mortgage 359

Mortgage Tools Clients Technology 359

Housing Wire

NOVEMBER 10, 2022

As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed 7%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve.

Mortgage 369

Mortgage Loan Officers Lending Business 369