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

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

MARCH 31, 2022

Overall, I think the consensus we’re hearing from clients is that the overall non-QM market is going to continue to grow in 2022. BH: There’s no question that non-QM is more difficult to originate than conforming or government loans, so many mainstream brokers and loan officers have been reluctant in the past to offer these products.

Marketing 396

Marketing Investors Technology Loan Officers 396

Housing Wire

FEBRUARY 28, 2023

Adam Carmel: I certainly think there’s been a sort of rally call over the last year or so; there is growing demand for mortgage technology that works for the lender and not against them. It’s technology gridlock. HW: How has this technology gridlock hurt lenders? So, I would say yes, that there has absolutely been a shift.

Mortgage 368

Mortgage Architecture Technology Modernization 368

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

MARCH 25, 2021

Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. mortgage market.

Mortgage 421

Mortgage Lending Technology Loan Officers 421

Housing Wire

FEBRUARY 28, 2022

The company has shown steady growth since it was founded in 2008 and demonstrated profitability across varying market conditions, rising to become the nation’s top correspondent investor and the No. The next generation technology is a culmination of extensive work with its partners, vendors, service providers (i.e., 6 wholesale lender.

Technology 396

Technology Clients Business Investing 396

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

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

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. Hey Clayton …” and a link. In 2016 LLR led a $26.5

Real Estate 384

Real Estate Brokerage Real Estate Agent Technology 384

Housing Wire

APRIL 17, 2023

Roger Stotts: In some respects, our current challenges are the same ones that good servicers have always faced: doing the right thing for the customer, protecting the interests of the investor and doing these things the right way, which means compliantly and in the most cost-efficient manner possible. Treating our people right.

Loan Officers 382

Loan Officers Investors Valuation Real Estate 382

Housing Wire

FEBRUARY 9, 2021

Angel Oak made it happen thanks to our close connection with investors who trust our loans and lending standards. We have made improvements to our systems so that our team has everything they need from resources and technology to be successful at home. HW: How does vertical integration benefit a loan officer?

Lending 418

Lending Loan Officers Business Investors 418

Housing Wire

APRIL 30, 2021

The same can be said about the mortgage industry as an ecosystem, and its technology as the coral reef. In order for brokers and lenders to work together in symbiosis as organisms of this ecosystem, the technology must also allow for it. No one system today can handle pricing across the entire life of the loan,” Soukoulis said. “No

Mortgage 306

Mortgage Technology Investors Lending 306

Housing Wire

OCTOBER 9, 2020

It makes for exciting – and uneasy – times for lenders, investors and policy makers, panelists said at HousingWire Annual on Thursday. “This is where the rubber hits the road between the lender, the investor and the policy maker.” “As an investor, you’re looking at all this trying to figure it out,” he said.

Marketing 370

Marketing Investors Technology Loan Officers 370

Housing Wire

APRIL 5, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. 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. .

Buyers 473

Buyers Real Estate Agent Real Estate Brokerage 473

Housing Wire

APRIL 25, 2023

Touchless Lending Asset Analysis will identify, calculate, then determine borrower eligibility and derive qualified income across bank statements based on the investor or program-specific requirements,” Hemanthkumar Jambulingam , director of fintech product management at Tavant, said.

Lending 381

Lending Loan Officers Mortgage Investors 381

Housing Wire

SEPTEMBER 22, 2023

For one thing, no fixed-income investor thinks that mortgage-backed securities with 7% mortgage rates will be there when the Fed finishes the inflation fight. So you’re having to encourage investors with wider spreads to accept that. The employment data comes out on a lag basis for brokers and loan officers.

Housing Market 450

Housing Market Marketing Buyers Investors 450

Housing Wire

JULY 13, 2021

OriginPoint will originate mortgages for clients of Compass’s real estate brokerage, as well as any other brokerage, making loans available to a broad consumer audience,” per the release. OriginPoint has a Chicago address, and it is actively looking for loan officers, according to OriginPoint’s website.

Brokerage 295

Brokerage Real Estate Agents Clients 295

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. “Even though the market may have priced in some of the rate change already, the volatility is just requiring additional yield to be provided to investors to accommodate for the changes going on.”

Mortgage 384

Mortgage Investors Clients Marketing 384

Housing Wire

DECEMBER 30, 2022

Demand for non-qualified mortgages (non-QMs) — loans for borrowers who fall outside the traditional conforming loan credit box, such as self-employed borrowers, gig workers and real estate investors, is not going away any time soon, LOs said. “In

Renovations 410

Renovations Realtors Construction 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

Assurance Financial

MARCH 2, 2022

The number one point to make with our industry is that due to the incredible new capabilities of mortgage fintech, we need to rethink technology. Instead of thinking about the process and how to plug technology into the different steps, we need to think about the capabilities of the technology and how we change the process to adapt to it.

Mortgage 36

Mortgage Loan Officers Technology Insurance 36

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

MAY 1, 2023

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

OCTOBER 7, 2022

The truth is there are more and more tech elements out there that help real estate investors, be it potential homebuyers, cash-only buyers or iBuyers. HW: How can real estate agents and loan officers collaborate to foster strong relationships with clients despite rising rates? What do I mean by that? HW: How is Percy.ai

Housing Market 384

Housing Market Real Estate Agent Marketing Real Estate 384

Housing Wire

NOVEMBER 16, 2022

In addition, Hale said he is currently working with three clients who are looking to buy IMBs — two of which are homebuilders and one he described as a “proptech/fintech” company. Hale, of course, could not reveal the names of those clients, although he did define the type of acquisition targets they are seeking to find as buyers.

Buyers 410

Buyers Mortgage Sellers Investing 410

Housing Wire

NOVEMBER 17, 2022

Offering non-QM loans provides access to those millions of borrowers who want mortgages but are unable to qualify for a traditional loan. Residential mortgage credit provides diversification benefits to institutional investors. Today, Deephaven can close a DSCR loan in as few as 15 days.

Lending 369

Lending Investors Real Estate Agent Loan Officers 369

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%. I’m not really focused on the margins for this quarter,” Ishbia told investors in UWM’s second-quarter earnings call. “It’s

Investing 410

Investing Loan Officers Retail Mortgage 410

Clear Capital

SEPTEMBER 13, 2023

Great news for users of Encompass® by ICE Mortgage Technology®. What is Encompass by ICE Mortgage Technology? Encompass is a digital lending software available through ICE Mortgage Technology. Encompass is a digital lending software available through ICE Mortgage Technology.

Technology 36

Technology Valuation Mortgage Inspection 36

PennyMac

OCTOBER 13, 2021

Real estate, like many other industries, has been fundamentally changed by technology. Add in a worldwide pandemic to the mix, and technology has become the lifeline of the entire industry. A niche could be a geographic area or clientele (such as first-time buyers, relocation specialists, or investors).

Real Estate 41

Real Estate Marketing Real Estate Agent Agents 41

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. Jeff Allen.

Sellers 69

Sellers Agents Real Estate Buyers 69