Housing Wire

APRIL 16, 2024

In a down market disrupted by the commission lawsuits, agents and LOs are considering working in a dual capacity. As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground.

Real Estate Agent 401

Real Estate Agent Loan Officers Real Estate Agents 401

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. “A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said.

Housing Market 410

Housing Market Marketing Insurance Mortgage 410

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

Loan Officers 336

Loan Officers Mortgage Real Estate Agent Real Estate 336

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. Consumers who are introduced to the HECM for Purchase loan option are often skeptical at best, with many thinking it’s too good to be true.

Finance 418

Finance Real Estate Agent Real Estate Insurance 418

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. From a lending perspective they are the easiest loan to work with,” Naumovych explained.

Clients 377

Clients Agents Buyers Sellers 377

Housing Wire

OCTOBER 10, 2023

And the market has gotten much darker over the last few years. After six years of no enforcement actions and a rapidly declining housing market, RESPA attorneys believe some in the industry may be more willing to test the boundaries. “I The same happens with concert or sports tickets as a marketing opportunity.

Real Estate Agent 402

Real Estate Agent Loan Officers Real Estate Agents 402

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. One of Dicker’s clients this past weekend backed out of a $295,000 houmese purchase in Michigan this past weekend. . But the boom times are over, and he knows it.

Housing Market 400

Housing Market Marketing Brokerage Real Estate 400

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 401

Business Mortgage Loan Officers Inventory 401

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 381

Mortgage Lending Loan Officers Design 381

Housing Wire

MAY 8, 2023

I have been in the mortgage industry for nine years, with my loan officer in the industry for 19 years and my Realtor for over 10 years. Assume everything You assume everything about the loan. The focus, of course, will be the mortgage rate, which is almost half what the current market mortgage rates are today.

Mortgage 387

Mortgage Marketing Realtors Sellers 387

Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based We also find that FHA mortgages serve minority clients in a higher percentage than conventional mortgages for lower credit scores.

Loan Officers 330

Loan Officers Insurance Mortgage Real Estate Agent 330

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?

Real Estate Agent 295

Real Estate Agent Real Estate Project Management Agents 295

Housing Wire

AUGUST 9, 2023

Large banks have historically been the rulers of the jumbo market. Economic conditions, however, are opening up space for new entrants eyeing market share. Their retreat opens up opportunities for rival firms to grab market share. Part I explains the jumbo market’s decline.) Part I explains the jumbo market’s decline.)

Marketing 305

Marketing Retail Mortgage Investors 305

Housing Wire

MAY 1, 2023

Take a minute to look through the full list of this year’s list of honorees below. Congratulations to the 2023 Rising Stars!

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

NOVEMBER 1, 2021

thanks to a near $84 billion dollars in volume in the second quarter, Rocket sees this program as an opportunity to further increase market share. ” There are nearly 5,000 FDIC-insured banks and more than 5,000 credit unions in the U.S. . Already the leading originator in the U.S.

Mortgage 357

Mortgage Loan Officers Lending Technology 357

Housing Wire

AUGUST 8, 2023

(The FHFA’s conforming loan limit was a baseline of $647,200 in 2022, and $726,200 in 2023.) In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. In June, only 30% of his mortgage production came from jumbo loans.

Insurance 315

Insurance Mortgage Clients Lending 315

Housing Wire

MARCH 15, 2023

Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers. The company’s average mortgage loan was about $1.45

Mortgage 324

Mortgage Loan Officers Insurance Business 324

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 367

Insurance Real Estate Technology Loan Officers 367

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 281

Valuation Real Estate Agent Real Estate Clients 281

Housing Wire

FEBRUARY 24, 2021

This century has seen a rapid shift to a digital-first economy from the internet to portals to email marketing to smartphones to social media. This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases. VL: So many areas could benefit by embracing digitalization.

Real Estate Agent 273

Real Estate Agent Real Estate Agents Loan Officers 273

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 358

Mortgage Loan Officers Lending Business 358

Housing Wire

OCTOBER 27, 2020

HousingWire recently spoke with Susan Falsetti, managing director of Origination Title and Close at ServiceLink, about the state of title in 2020 and how the EXOS technology platform allowed ServiceLink clients to take advantage of virtual closing solutions. This year, our teams have helped our clients keep pace with record volume.

Clients 325

Clients Technology Insurance Loan Officers 325

Housing Wire

JANUARY 19, 2023

There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. The nascent mortgage company, however, has only one loan officer registered and no loan origination volume so far, according to the mortgage tech platform Modex.

Mortgage 392

Mortgage Investors Legal Loan Officers 392

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance.

Agents 437

Agents Sellers Buyers Finance 437

Housing Wire

MARCH 11, 2024

In a competitive market where most borrowers are mortgage rate shopping, credit optimization can be the difference between closing a loan or losing out to an offer from a competitor. Much has changed in the mortgage market over the five years since our last major product launch.

Buyers 368

Buyers Tools Mortgage Lending 368

Housing Wire

MARCH 4, 2021

2021 is already shaping up to be a vastly different year than 2020 for the mortgage and real estate industry, and it’s not only because we’re entering a purchase market. They’ll also be measuring new legislation/regulation and possibly greater enforcement by various state departments of insurance, state bar associations and more.

Lending 403

Lending Law Loan Officers Clients 403

Housing Wire

APRIL 5, 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. . “I had one client in St. .” Real estate agents and LOs: the great collaboration.

Buyers 430

Buyers Real Estate Agent Real Estate Brokerage 430

Housing Wire

SEPTEMBER 30, 2020

Borrowers, loan officers and the corresponding processors and underwriters are often working on entirely different systems. As a white-label solution, the FinXperience platform is highly customizable and configurable, with the ability to align with a lender’s specific branding and marketing differentiators and customer segmentation.

Lending 197

Lending Real Estate Agent Loan Officers Architecture 197

Housing Wire

AUGUST 25, 2022

Like its peers, the wholesale lender’s origination volume has plunged over the past year due to a dearth of refinancings and a sluggish purchase market. But the reality is Homepoint – like some of its peers – is going to lose market share as it attempts to right the ship. Homepoint is in a tough spot. Homepoint is hardly alone.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Housing Wire

JUNE 15, 2022

The markets have been shaken to the core. And it’s led to several sleepless nights for mortgage loan originators and mortgage executives. The price data has changed the expectations for the Federal Reserve ’s meeting on Wednesday, with the market betting on a 75 bps increase in interest rates (compared to 50 bps previously).

Mortgage 378

Mortgage Investors Clients Marketing 378

Housing Wire

AUGUST 20, 2021

These 180 firms grabbed market share, created new business models and recruited talent without ever looking back. 1 asset next to our loyal client base. Aaron Strawn, senior loan officer at Ruoff Mortgage (294% growth) pointed to his company’s leadership. “We Human capital is our No. To qualify for Inc.’s

Real Estate 441

Real Estate Realty Brokerage Mortgage 441

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. As such, a strategic merger or acquisition is emerging as one opportunity to outmaneuver the shrinking mortgage market.

Mortgage 330

Mortgage Technology Loan Officers Investing 330

Genworth MI Blog

AUGUST 31, 2022

The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Housing Wire

FEBRUARY 3, 2022

Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. In the next few quarters, we should see a more challenging market,” Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW) , told HousingWire.

Mortgage 361

Mortgage Retail Finance Investors 361

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. New FHA ROV Policy By Dave Towne, May 3, 2024 Excerpts: Up until recently, there has never been a standardized policy for mortgage loan related Reconsideration of Value (ROV) requests after an appraisal has been submitted.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Realtor

OCTOBER 16, 2023

” However, keep in mind that you will have to pay private mortgage insurance if you put less than 20% down, which increases your monthly payments. Assuming you can get a loan instantly Many borrowers assume that in today’s instant-gratification culture, they can get a mortgage in days or even minutes.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190