Housing Wire

MARCH 30, 2021

It’s no secret credit scores can hinder a potential borrower’s ability to qualify for the best loan program, which can ultimately lead to poor borrower satisfaction. Borrowers don’t always know or understand how their credit or debt-to-income ratio (DTI) impacts the type of loan they can qualify for. CreditXpert’s Xpert Credit Process.

Loan Officers 441

Loan Officers Clients Tools Technology 441

Housing Wire

FEBRUARY 16, 2024

We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. RA: We joke that we’re kind of control freaks and feel we have invested in the right things. It’s all to help ensure that they come back to us for their next loan or refer their friends and family.

Loan Officers 421

Loan Officers Retail Clients Real Estate Agent 421

Housing Wire

DECEMBER 21, 2021

If you take the temperature of how loan officers are feeling ahead of the holiday season, the scale would likely read “uneasy.” According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry.

Loan Officers 441

Loan Officers Retail Business Mortgage 441

Housing Wire

JUNE 1, 2023

Founded in 1993 by Bill and Michael Giambrone, Platinum has 22 branches and 79 active loan officers, according to the mortgage tech platform Modex. It’s an investment down the road,” the executive added. “We The company’s assets will add to Planet’s 30 branches and 128 active LOs. “I million in cash.

Retail 397

Retail Mortgage Lending Renovations 397

Housing Wire

SEPTEMBER 8, 2022

People who invest in technology often ask the question: is this a “nice to have,” or a “need to have?” Few have the resources to invest in technologies they don’t need. What’s the worst that can happen if we don’t invest in this technology?”. Mike is an experienced mortgage loan officer.

Business 432

Business Marketing Technology Tools 432

Housing Wire

FEBRUARY 28, 2022

For Pennymac, the rebrand is more than a name change – it signals a deeper commitment to its wholesale partners and investment in the wholesale channel. We are invested in their success,” Nichols said. The next generation technology is a culmination of extensive work with its partners, vendors, service providers (i.e.,

Technology 396

Technology Clients Business Investing 396

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.

Tools 306

Tools Training Technology Clients 306

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. Its parent Rocket Companies rode the wave to a stunning $9.4 billion in profit in 2020 and $6.1 billion in 2021.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

OCTOBER 22, 2021

There are many more moving pieces and loan originators spend a great deal of time communicating with clients and their real estate agents. Rocket Pro TPO helps accelerate the entire mortgage process with underwriting speed and by offering brokers’ clients the information they need in a concise and clear format. .

Tools 384

Tools Clients Technology Real Estate Agent 384

Housing Wire

FEBRUARY 9, 2023

The merger will result in an “increased lending footprint” to better serve clients, Paul Kessel, president of American Portfolio, said in a statement. Lisa Thomas, chief executive officer of Town Square, added that the deal also brings “a portfolio of expanded loan products backed by a lending platform with state-of-the-art technology.”

Mortgage 370

Mortgage Retail Loan Officers Lending 370

Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As Your technology has to be fantastic every day. They have options.

Loan Officers 458

Loan Officers Mortgage Business Retail 458

Housing Wire

JANUARY 9, 2024

households that provides visibility into everything that went into a transaction — real estate agents, loan officers, lenders, title agencies and borrower details, according to MMI’s website. “If MMI’s data covers information on mortgage transactions covering more than 95% of U.S.

Loan Officers 346

Loan Officers Real Estate Agent Tools Business 346

Housing Wire

APRIL 10, 2023

From our perspective, it’s time to get busy investing in relationships and playing the long game, while weathering the storm. 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.

Home Value 421

Home Value Technology Clients Advertising 421

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 397

Clients Technology Insurance Loan Officers 397

Housing Wire

MAY 12, 2022

Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack. We’re not cavepeople.

Lending 369

Lending Marketing Technology Contracts 369

Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market. UWM also is pressuring competitors via prices.

Mortgage 369

Mortgage Real Estate Agent Real Estate Clients 369

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. In 2016 LLR led a $26.5 No surprise here.

Real Estate 384

Real Estate Brokerage Real Estate Agent Technology 384

Housing Wire

NOVEMBER 2, 2020

With highly advanced software solutions for originations, servicing and secondary marketing, Black Knight helps its clients drive financial growth, improve customer retention, increase operational efficiency and reduce risk. Black Knight is a proven mortgage industry leader in servicing technology. Added Value to Clients.

Lending 410

Lending Valuation Clients Tools 410

Housing Wire

MAY 16, 2022

Polly , a software-as-service mortgage technology firm that operates a loan-trading platform, integrated with six mortgage insurance providers to streamline the mortgage process for loan officers and mortgage lenders. .

Insurance 370

Insurance Mortgage Investors Tools 370

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 370

Mortgage Loan Officers Retail Training 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. However, they are hampered by comparatively poor technology and the slow speed at which they can close a loan, analysts said.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

AUGUST 3, 2023

Our focus on servicing clients through innovation in this challenging market is working,” Bill Emerson, interim CEO of Rocket Companies, told analysts in its earnings call. Rocket posted a $33 million adjusted net income loss in the second quarter, following a $111 million loss in Q1. Rocket generated $22.3

Clients 369

Clients Business Inventory Mortgage 369

Housing Wire

MARCH 15, 2023

SVB operated as a portfolio lender in the residential mortgage space, not selling loans on the secondary market. This structure allows the bank to offer clients “common sense underwriting and provide more nimble prequalifications, approvals and closings,” the bank said on its website. In total, 76.6% They took a $1.8

Mortgage 370

Mortgage Loan Officers Insurance Business 370

Housing Wire

FEBRUARY 9, 2021

We have made improvements to our systems so that our team has everything they need from resources and technology to be successful at home. Our focus has always been on relationships, customer service and delivering an outstanding client experience. HW: How does vertical integration benefit a loan officer?

Lending 418

Lending Loan Officers Business Investors 418

Housing Wire

AUGUST 31, 2020

Even as lenders make significant investments in new technology and digital infrastructure, they continue to struggle with increasing costs per loan and time-to-close metrics. It turns out this capability is pretty important to our clients,” said Keri Kramers-Dove, executive of Product Management for CoreLogic.

Design 248

Design Loan Officers Clients Technology 248

Housing Wire

JANUARY 22, 2024

He has more than 25 years of mortgage technology and enterprise software experience with his latest stint being chief product officer at Accela , a government tech provider. Prior to Accela, Coggiola spent 12 years leading product and technology initiatives at ICE Mortgage Technology , which was then Ellie Mae Inc.

Technology 418

Technology Mortgage Loan Officers Clients 418

Housing Wire

DECEMBER 27, 2023

The company hopes to reach its goal by growing organically with more loan officers under a dozen business development managers. “We’ve got a great capital base, so we have the opportunity to invest. Now under pressure in a shrinking market, they see their top loan officers transition to other competitors.

Mortgage 421

Mortgage Retail Lending Sellers 421

Housing Wire

MAY 9, 2024

Rocket Companies , the parent company of Rocket Mortgage , hired its first chief technology officer this week, bringing former Thomson Reuters and Intel executive Shawn Malhotra into the fold. The hire is Rocket’s latest move to bolster its already robust investment in artificial intelligence.

Clients 380

Clients Technology Tools Loan Officers 380

Housing Wire

SEPTEMBER 22, 2023

The employment data comes out on a lag basis for brokers and loan officers. Kim: Executives at Dark Matter Technologies noted that lenders are most interested in bringing down their origination costs and retaining their clients in this rising-rate environment. So that has picked up. I would expect more.

Housing Market 450

Housing Market Marketing Buyers Investors 450

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 402

Real Estate Agent Real Estate Project Management Agents 402

Housing Wire

FEBRUARY 3, 2023

Sometimes that means investing more heavily in growth areas and scaling back or stopping work in others.” The bank has 197 active loan officers and 12 branches across the country. Origination volume for USAA Federal Savings Bank dropped 39% in 2022, declining to $5.17 billion from $8.47 While refis consisted of 56.7%

Real Estate 74

Real Estate Lending Human Resources Insurance 74

Housing Wire

JUNE 15, 2022

Investors asked for higher premiums to invest in these assets amid a flight to quality caused by the expectation of higher U.S. Lenders, loan officers and economists who spoke to HousingWire this week said that the current volatility in the markets will reduce originations even further in 2022, bringing additional rounds of layoffs.

Mortgage 384

Mortgage Investors Clients Marketing 384

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. It’s an investment for the long term, strategically building the broker channel.” Multibillion dollar investment.

Investing 410

Investing Loan Officers Retail Mortgage 410

Housing Wire

DECEMBER 29, 2023

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. AI can understand the loan status, a loan profile and AI can respond to the consumer.

Mortgage 450

Mortgage Loan Officers Inventory Business 450

Housing Wire

OCTOBER 23, 2023

CEDAR CREEK, Texas — loanDepot is “fully committed” to return to profitability and “aggressively manage the cost structure” while investing in “automation and process improvement,” CEO Frank Martell said in an exclusive sit-down interview during HousingWire Annual earlier this month. We’re stable.

Technology 421

Technology Loan Officers Retail Marketing 421

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. billion came from its origination technology, according to their earnings reports. Of the $387.2

Mortgage 384

Mortgage Technology Loan Officers Investing 384

Housing Wire

AUGUST 4, 2023

Solid understanding of the market It doesn’t matter if you specialize in investment properties , second homes, condos, or single-family homes for first-time buyers. Real estate professionals who listen carefully better understand their clients’ wants and needs. This does not mean you should allow clients to walk all over you.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370