Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings.

Technology 352

Technology Real Estate Agent Loan Officers Lending 352

Housing Wire

MARCH 15, 2024

David Peskin, formerly from Senior Lending Network and Reverse Mortgage Funding (RMF), has purchased an ownership stake in top 10 reverse mortgage lender HighTechLending (HTL) and will lead the company’s new pursuits alongside co-owner and COO Erika Macias. Peskin spoke to RMD about the move.

Loan Officers 396

Loan Officers Business Mortgage Clients 396

Housing Wire

NOVEMBER 2, 2023

There is also growing demand for non-QM products from a banking sector that is taking note, presenting new opportunities where some banks see the need to sell loans they would traditionally hold as portfolio products. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers.

Investors 429

Investors Real Estate Lending Loan Officers 429

Housing Wire

JANUARY 19, 2023

That’s according to four former employees and company registration documents reviewed by HousingWire. The address that Beth Strauss listed on the incorporation documents is 610 Park Avenue, New York NY, which the Strauss’s are trying to sell for $26.5 Yet Strauss, who already has a $2.45 Michael Strauss’s Smart Rate?

Mortgage 418

Mortgage Investors Legal Loan Officers 418

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. 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. The closer, the better.

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

MARCH 4, 2021

While mortgage lenders would do well to heed the statements from the Consumer Financial Protection Bureau that it will be carefully watching fair lending and servicing issues , especially with the likelihood of a default spike, title and settlement firms will be keeping an eye on more than just the CFPB.

Lending 445

Lending Law Loan Officers Clients 445

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. Jason Bressler, Chief Technology Officer.

Tools 321

Tools Training Technology Clients 321

Housing Wire

APRIL 10, 2023

If you’re an LO, you need to offer your clients something that fits today’s narrative — making the most of the home that you’ve got, while being on-call to help when someone needs to borrow money or move. When we fund your loan, I’m going to give you a homeowner portal. What seeds can I plant now that will grow in the near future?

Home Value 434

Home Value Technology Clients Advertising 434

Housing Wire

MARCH 1, 2021

With low interest rates and a booming refinance market, it is natural that loan officers and brokers are focused on agency loans and also a thriving purchase market. Above all, Lind stressed the flexibility that non-QM offers for clients in unique or underserved situations. Flexible Programs.

Lending 359

Lending Clients Investors Loan Officers 359

Housing Wire

JUNE 30, 2021

The ideal real estate agent-lender relationship is symbiotic: the agent earns trust with their borrowers by connecting them with a great lending resource, while the lender receives a steady stream of business from the agent. And that’s not just anecdotal—across industries, the success of referral business is well documented.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Lending 435

Housing Wire

DECEMBER 16, 2021

In November, Interfirst issued pink slips to hundreds of non-commissioned loan officers at its call centers in Charlotte, North Carolina and Rosemont, Illinois, according to WARN notices in both states. Clients upload all documents into their loan origination system directly to reduce/eliminate operational staff.

Mortgage 354

Mortgage Loan Officers Retail Training 354

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 294

Real Estate Agent Real Estate Agents Loan Officers 294

Housing Wire

JANUARY 13, 2021

Data analytics giant Black Knight unveiled a new self-service style platform aimed at correspondent lending that will allow lenders to manage conditions and validate pricing locks on Best Effort loans.

Mortgage 294

Mortgage Sellers Technology Real Estate Agent 294

Housing Wire

JUNE 29, 2023

The lawsuit follows: “In the weeks leading to their departures, the former employees accessed and misappropriated confidential and trade secret documents about loanDepot’s business, its employees, and its clients; information that, in the hands of Movement, was used to convert customers to Movement and away from loanDepot.”

Retail 406

Retail Contracts Legal Business 406

Housing Wire

SEPTEMBER 22, 2020

Do you mandate training (regular, continuous and updated) on the basics like Dodd-Frank, Fair Lending and the most aggressive state-level rules and regulations? Is your policy documented and available to pretty much anyone who asks for it—especially on your team? It doesn’t matter if it’s a third party or in-house personnel.

Training 369

Training Lending Loan Officers Technology 369

Housing Wire

FEBRUARY 8, 2022

in early 2021 as part of a larger plan to expand its origination reach beyond California — with the goal of creating a national lending footprint. . With the Castle acquisition and tech integration now completed, our intent is to lend nation nationwide in the non-QM market. It was kind of a no brainer, just low-hanging fruit.

Marketing 352

Marketing Retail Lending Mortgage 352

Housing Wire

JUNE 15, 2022

“Not only could you get a loan if you had terrible credit (in the mid-2000s), but you could get a loan if you had terrible credit and almost no down payment,” said Gumbinger. You were able to get an ARM by not even providing any documentation for your income or assets.”. The mortgage industry is different from 14 years ago.

Mortgage 361

Mortgage Loan Officers Bracketing Investors 361

Appraisal Buzz

JUNE 7, 2021

Depending on the client’s needs, my work includes coaching, customized training, quality assurance, continuing education, disciplinary action assistance, internal audit, and other customized projects. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators.

Training 366

Training Reconsideration of Value Valuation Clients 366

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. ” Jacobson added that, “As an originator, I would never sign that document. Why would anybody sign that document? .” Fairway, which did about $3.5

Real Estate Agent 396

Real Estate Agent Retail Real Estate Design 396

PennyMac

MARCH 4, 2024

There’s a lot to consider when it comes to choosing the right one — everything from interest rates, loan types and fees to service and experience. Purchasing a home is a big step, and you want a knowledgeable lending partner by your side as you weigh your financing options and navigate the paperwork involved. Mortgage brokers.

Loan Officers 65

Loan Officers Insurance Mortgage Sellers 65

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. HousingWire: How is the shift from refi to purchase affecting the non-QM market?

Marketing 363

Marketing Investors Technology Loan Officers 363

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan.

Lending 401

Lending Real Estate Agent Loan Officers Retail 401

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Is it having a happy client who will be a great reference? Is it closing on time? Is it closing on time?

Real Estate Agent 311

Real Estate Agent Real Estate Project Management Agents 311

Housing Wire

FEBRUARY 29, 2024

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. Fair lending concern To start, here’s how pricing exceptions work.

Loan Officers 419

Loan Officers Mortgage Lending Real Estate Agent 419

Housing Wire

JANUARY 31, 2023

Scott Miller, a former mortgage loan originator at Sprout Mortgage , knew the clock was ticking when the non-qualified mortgage (non-QM) lender abruptly closed doors in July 2022. In turn, thousands of loan originators could soon be looking for a new lender to hang their license. But not every LO will find a new workplace.

Mortgage 401

Mortgage Loan Officers Retail Finance 401

Eppraisal

APRIL 20, 2021

A full pre-approval is when a mortgage loan officer pulls your credit, verifies your employment and income, has your complete application and has all the required documents from you. Your loan officer may even put your file through an initial underwriting. Then comes the issue of the appraisal.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Appraisal Today

MAY 10, 2024

ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. The mortgage loan officer handling the loan?

Reconsideration of Value 69

Reconsideration of Value Appraisal Real Estate Insurance 69

Listing Spark

FEBRUARY 16, 2023

Episode Summary Julie Daniels subs in for host Aaron Jistel and Rachael Holladay, VP of Lending at Stallion Funding. About Rachael Holladay Rachael Holladay is the VP of Lending at Stallion Funding, a real estate and hard money lending firm. She has been with the company for 12 years and enjoys helping her clients be successful.

Real Estate 36

Real Estate Investing Investors Lending 36

Housing Wire

SEPTEMBER 30, 2021

The adoption of digital lending solutions has been increasing over the last few years, with the COVID-19 pandemic only accelerating the process. Lenders with the ability to adopt technology that drives efficiency and client satisfaction have a competitive advantage in today’s landscape. How it began.

Technology 316

Technology Clients Supply Chain Design 316

Housing Wire

JUNE 8, 2022

From a client perspective, a fully integrated soup-to-nuts digital offering for mortgage origination and servicing should significantly reduce the cost of originating and servicing a mortgage,” according to an analyst who spoke on the condition of anonymity. According to Roostify, the company handles $50 billion in loan volume every month.

Mortgage 366

Mortgage Technology Loan Officers Investing 366