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. The company said it has a full-service retail origination platform that originates agency, government and investor portfolio loans.

Mortgage 356

Mortgage Retail Loan Officers Lending 356

Housing Wire

NOVEMBER 2, 2023

Non-QM borrowers such as those who are self-employed and real estate investors are generally less rate sensitive. In fact, a growing focus is the real estate investor population. with 85% owned by individual investors and LLCs based on 2021 U.S. The reasons for the success of non-QM lies partly in the composition of borrowers.

Investors 412

Investors Real Estate Lending Loan Officers 412

Housing Wire

AUGUST 1, 2023

To gain insight into how Rocket plans to strengthen its local presence to capture purchase volume, HousingWire spoke to more than a dozen former Rocket employees, current retail loan officers and mortgage brokers who have been contacted by Rocket recruiters to join its local initiative. So this isn’t brand new,” Kidwell noted.

Loan Officers 364

Loan Officers Retail Real Estate Agent Real Estate 364

Housing Wire

APRIL 30, 2021

New GSE guideline updates to Fannie Mae and Freddie Mac forces them to cap the amount of second home and investor properties delivered at 7%. He explained that while non-QM lenders are set to benefit, more investors will be looking for products which allow investors to access non-QM programs backed by private capital.

Investors 409

Investors Investing Clients Retail 409

Housing Wire

JULY 21, 2023

. “Our mission at Near North Title Group is to partner with our clients and protect their interests throughout the real estate transaction process,” Dan Fowler, the CEO of Near North Title Group, said in a statement. We are excited to welcome the talented team from Doma.” During Q1 , Doma recorded a 33.7% million in Q1 2022.

Insurance 347

Insurance Clients Retail Real Estate 347

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. The retail lender originated $56.6 The lender’s focus has been in tripling down on its network of top retail LOs.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. Polly’s press statement announcing the capital infusion also notes that the company is expanding rapidly.

Modernization 341

Modernization Mortgage Lending Investors 341

Housing Wire

APRIL 7, 2023

While an influx of defaults could certainly harm banking institutions, this is the fear-mongering I advise my team and my clients to avoid. Let’s look at the retail industry, for instance. Back in the 80s, more than half of our retail transactions unfolded inside shopping malls. What does this sound like to you? I think so too.

Retail 368

Retail Real Estate Clients Modernization 368

Housing Wire

NOVEMBER 9, 2020

Is it correct to say that you partner with high-performing agents and take over their back-end operations, freeing up their time so they can focus on activities that actually make money, such as prospecting for new clients or directly working with existing clients? HousingWire : What criteria do you use to select your partners?

Real Estate Agent 397

Real Estate Agent Real Estate Agents Brokerage 397

Housing Wire

FEBRUARY 3, 2022

Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. Goldman Sachs ’s analysts wrote in a report to clients on January 6 that, overall, they remain negative on the group of nonbank mortgage originators for this year. Investors were nonplussed. How could they resist?

Mortgage 379

Mortgage Retail Finance Investors 379

Housing Wire

JANUARY 18, 2022

“More than half of my active clients are either investors or people who are relocating, coming from places like California, Oregon, New York and New Jersey,” said Christina Llanos, a Miami Redfin agent. loanDepot, the nation’s second-largest nonbank retail mortgage lender, went public last February, selling 3.85

Real Estate 369

Real Estate Retail Investors Clients 369

Housing Wire

NOVEMBER 22, 2022

Movement Mortgage’s deal to acquire top indie retail lender Mortgage Network marks a shift in the South Carolina-based company’s strategy. ” In addition, Movement, a distributed retail lender, has no plans to expand to other channels, eliminating some potential targets. In total, the company has 15 clients.

Loan Officers 384

Loan Officers Retail Business Mortgage 384

Housing Wire

AUGUST 19, 2021

“In the second quarter we continued to expand our customer base and grow within existing customers, closed a large acquisition that will accelerate the advancement of our platform, and executed a successful IPO with strong investor interest and support,” Ghamsari said in a statement. It also said it now has deals with 32 of the top 100 U.S.

Insurance 363

Insurance Retail Clients Technology 363

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 And even those offerings generally do not convert into actual savings for clients.”

Loan Officers 458

Loan Officers Mortgage Business Retail 458

Housing Wire

SEPTEMBER 22, 2022

Business is at a “dead stop,” said a retail loan officer in Michigan. LOs interviewed by HousingWire said that most of their past clients don’t have a reason to sell their houses and that prospective buyers are waiting on the sidelines unless life happens — job relocations, marriage, divorce, pregnancy and death.

Mortgage 383

Mortgage Loan Officers Inventory Retail 383

Housing Wire

JULY 22, 2022

Chicago-based Guaranteed Rate this week also rolled out a new underwriting program for its clients to better compete against cash buyers and institutional investors. .” The personal loans could also be a good source of leads for mortgages down the road. What opportunities do lenders miss out on by not focusing on credit.

Mortgage 386

Mortgage Lending Finance Retail 386

Housing Wire

MARCH 15, 2023

Meanwhile, mortgage lenders are still trying to calm down their investors and business partners. retail residential mortgage applications. Silicon Valley Bank collapsed last week after it lacked the liquidity to pay for clients’ withdrawals. The recent crisis impacted homebuyers in different ways.

Mortgage 365

Mortgage Clients Retail Marketing 365

Housing Wire

FEBRUARY 8, 2022

“And one of our strategic plans for our growth is we’re really bolstering up our retail division in 2022.”. We will be hiring retail guys that carry our flag through the Excelerate branches, but they’re not only in California,” Yoon added.

Marketing 358

Marketing Retail Lending Mortgage 358

Housing Wire

OCTOBER 27, 2022

Boise-based loan officer Blake Bianchi, founder and CEO at Future Mortgage , said he noticed an increase in clients choosing 2-1 temporary rate buydown. About 50% of our clients are utilizing this program to achieve more affordable payments,” Bianchi said. retail residential mortgage applications.

Mortgage 372

Mortgage Loan Officers Clients Housing Market 372

Housing Wire

NOVEMBER 10, 2020

Liquidity had dried up and bond investors were running for the hills. “I told my client, my friends, ‘Look, I know you’re supposed to close in 10 days but we’re closing Friday and you let everybody know it or you may not close,’” Dodson said. Dodson said he had a client who recently made a $1.8

Business 432

Business Mortgage Investors Loan Officers 432

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 8, 2021

The marketplace reveals and delivers that often-hidden equity in the form of surplus funds — even if the homeowner doesn’t know there is any equity, and even if the homeowner hasn’t been able to realize any known equity by selling on the retail market prior to foreclosure. Moving the Marketplace Upstream.

Retail 427

Retail Market Value Marketing Buyers 427

Housing Wire

JANUARY 4, 2021

Liquidity had dried up and bond investors, which underpin the non-QM market, were running for the hills. As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. When COVID-19 hit, the non-QM market disappeared. Citadel pressed pause on new originations.

Lending 340

Lending Investing Business Retail 340

Housing Wire

DECEMBER 2, 2020

Finance of America , which operates through retail, wholesale and correspondent channels, reported $242 million in income during the third quarter, a 66% increase from the second quarter. As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. Presented by: WFG.

Finance 223

Finance Lending Retail Business 223

Housing Wire

JUNE 22, 2021

AI Score is a powerful new fraud pattern-recognition score that enables high-volume lenders and investors to more precisely identify the risk of fraud and early payment default on both new mortgage applications or a portfolio. . This is why we introduced the AppIntelligence Score (AI Score) fraud solution earlier this year.

Valuation 396

Valuation Clients Retail Appraisal 396

Housing Wire

JUNE 28, 2022

They also realize that if they don’t provide this experience, larger national retail lenders will. As for investors, the GSEs were pretty much the only ones accepting eNotes. The landscape of investors accepting eClosed loans and eMortgages has grown exponentially. banking, shopping, transportation). But this is all changing.

Mortgage 388

Mortgage Training Business Transportation 388

Housing Wire

JANUARY 6, 2023

billion in origination volume in 2021 to less than $500 million in 2022, Gallo plans on using his database of former clients — which make up to 70% of his referral business — to follow up and check in this year. How have you changed your strategy to target those clients? and Scotsman Guide ‘s fourth-ranked LO in the country.

Business 395

Business Loan Officers Clients Inventory 395

Housing Wire

AUGUST 1, 2023

Jennifer McGuinness CEO Pivot Financial Jennifer Battista President of Operations and Insurance, Title – Settlement Services Anywhere Integrated Services Jennifer Vallinayagam Chief Operating Officer Sun West Mortgage Company Jennifer Lind Regional President, West Coldwell Banker Realty Jessica Sturm Executive Vice President Opteon Jillian White (..)

Real Estate 370

Real Estate Realty Lending Mortgage 370

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Networking with potential investors will help you establish valuable relationships. Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. You can go to a bank or apply for loans, but another fantastic resource is your ability to network.

Real Estate 303

Real Estate Development Appraisal Contracts 303

Housing Wire

NOVEMBER 9, 2021

Both forward and reverse delivered record retail funding and line of credit (LOC) volumes in October. […] Total reverse originations are up 86% year-over-year. However, reverse mortgages make up a larger share of volume increases, leading to an expansion of Liberty’s market share in the space, Messina said.

Mortgage 363

Mortgage Business Retail Marketing 363

Housing Wire

APRIL 29, 2022

Starter homes are virtually non-existent, and there are a lot of investors purchasing homes at the lower price points,” Davis said. Kavanagh said that many of their out-of-state clients are looking to escape challenging environmental conditions exacerbated by climate change. “A year-over-year to $210,000, according to Realtor.com.

Housing Market 351

Housing Market Marketing Agents Real Estate 351

AmeriMac

NOVEMBER 30, 2023

Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions. These appraisals are valuable tools for property owners, investors, and lenders, helping them make informed decisions about sales, refinancing, property tax assessments, and estate planning.

Appraisal 36

Appraisal Real Estate Appraisal Process Inspection 36

The Robert Weiler Company

MARCH 29, 2023

As an investor, you know that income-generating properties can bring a reliable monthly cash flow and build long-term wealth. Ask for referrals from industry professionals, such as commercial real estate brokers, appraisers, developers, and investors. Join a local commercial real estate investor network.

Property Management 78

Property Management Tenants Real Estate Investors 78

Housing Wire

AUGUST 9, 2023

First Republic’s ascendency in the jumbo market also reflects Wells Fargo’s decision to reposition itself, exiting the correspondent channel and focusing on minority homebuyers through its retail operation. We took those same investors that are our partners, and we just aligned specific products to them.” Bank originated $2.7

Marketing 336

Marketing Retail Mortgage Investors 336

Dart Appraisal

APRIL 2, 2021

Therefore, the client can engage a willing appraiser to complete any approach the client desires to be performed, even if the appraiser believes that the requested approach is not necessary for credible results. For example, a client ordered a commercial appraisal of a 70+-year-old retail row building on Main Street in a small town.

Appraisal 69

Appraisal Clients Retail Real Estate 69

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Office buildings, retail spaces, industrial complexes and other CRE properties generally command higher price tags and offer greater revenue-generating potential compared to residential properties.

Brokerage 397

Brokerage Real Estate Development Investors 397

Housing Wire

AUGUST 23, 2023

What is the share of clients getting a mortgage commitment letter within 24 hours? Publicly, we’ve gone from over 11,000 people to about 1,000 people. Along that journey, we have become much more efficient. Nunes: Better rolled out the “ One Day Mortgage ” in January. What are the challenges for the product?

Realtors 365

Realtors Technology Insurance Mortgage 365