Housing Wire

APRIL 26, 2023

With few homeowners willing to give up their low mortgage rates, Mike Roberts has shifted his focus to targeting first-time homebuyers. A first-time homebuyer requires a tremendous amount of nurturing,” said Roberts, the president and founder of City Creek Mortgage. “A Niche loans consist of about 5% of Parkinson’s business. “It’s

Loan Officers 394

Loan Officers Mortgage Inventory Clients 394

Housing Wire

MAY 16, 2022

Originators need it as a source of opportunity not found in another part of the mortgage sector. These issues, and others, have made non-QM a go-to solution for originators to close loans for their clients. Here is where it gets murky – choosing the right non-QM lending partner! Almost weekly?

Lending 334

Lending Real Estate Agent Investors Real Estate 334

McKissock

JUNE 26, 2022

Part of knowing your audience as a real estate agent is anticipating what they need and expect from your services. Without accounting for your real estate clients’ common needs and expectations , you might be underperforming and risk losing their business. Help Get a Client Pre-Approved for Lending.

Real Estate Agent 66

Real Estate Agent Clients Real Estate Agents 66

Housing Wire

JANUARY 5, 2024

Lower interest rates make mortgages more accessible, paving the way for more buyers into the market and potentially resulting in increased demand and higher prices. Rising interest rates, however, mean higher mortgage payments, and can dampen buyer enthusiasm or affordability , slow down sales or lead to dropping home prices.

Real Estate 435

Real Estate Agents Marketing Sellers 435

Housing Wire

FEBRUARY 24, 2021

Consumers today expect access to instant information and don’t want to spend lots of time making calls to coordinate showings or filling out paperwork to get a mortgage. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Real Estate Agent 307

Real Estate Agent Real Estate Agents Loan Officers 307

Housing Wire

NOVEMBER 7, 2023

Newrez has launched a new joint venture mortgage company, Carnegie Mortgage Partners , in collaboration with a top Keller Williams franchise network in Bergen County, New Jersey, the lender announced on Monday. The joint venture mortgage company is led by Margaret Bernabei, a former branch manager at a CrossCountry Mortgage outpost.

Realty 406

Realty Mortgage Brokerage Agents 406

Housing Wire

MAY 5, 2021

Rocket Mortgage originated more than $100 billion in mortgages for yet another quarter, but profit margins are trending down. And the country’s largest mortgage lender expects a good-sized slowdown in the second quarter of 2021. All told, the Detroit lending powerhouse originated $103.6

Mortgage 416

Mortgage Real Estate Agent Real Estate Clients 416

Housing Wire

MARCH 5, 2024

Mortgage assumption is a niche option that gained momentum in 2023. An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported.

Mortgage 421

Mortgage Buyers Agents Real Estate Agent 421

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. That never happens when a VA loan is involved.

Clients 392

Clients Agents Buyers Sellers 392

Housing Wire

JULY 28, 2023

Through partnerships with Bubble Insurance Solutions and New American Funding , real estate agents at The Agency will have access to mortgage lending services and insurance services for their clients. billion in mortgage loans in the first half of the year. In 2023, The Agency ranked as the No.

Insurance 352

Insurance Brokerage Clients Real Estate Agent 352

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market.

Mortgage 436

Mortgage Renovations Appraisal Process Finance 436

Housing Wire

JULY 1, 2022

With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. On the other hand, they’re often worried it may be difficult to learn how to broker non-QM,” said Shelly Griffin, Senior Vice President of Client Development.

Training 356

Training Mortgage Client Relationships Lending 356

Housing Wire

JUNE 6, 2023

Rocket Mortgage is looking to hire local loan officers at a time when mortgage rates are high and the industry remains heavily reliant on the purchase market. According to Rocket’s job post, the loan officer position is remote and requires a minimum of three years of experience in mortgage loan origination.

Loan Officers 320

Loan Officers Mortgage Retail Real Estate Agent 320

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 360

Loan Officers Mortgage Real Estate Agent Real Estate 360

Housing Wire

AUGUST 12, 2021

Mortgage, title, appraisal, servicing, iBuying, real estate brokerage , green energy — the gamut. They’d then utilize the services of a real estate agent found through the growing Rocket Homes platform. A few hours after applying for a mortgage, the consumer would receive underwriting approval.

Mortgage 406

Mortgage Real Estate Agent Real Estate Agents 406

Housing Wire

DECEMBER 13, 2021

Consumers have flipped the script on lenders and real estate agents when it comes to the home-buying process. Ninety percent of consumers start their home search online and many get prequalified for financing before they even reach out to a real estate agent.

Real Estate 417

Real Estate Real Estate Agent Agents Clients 417

Housing Wire

MAY 16, 2024

United Wholesale Mortgage (UWM) has launched a new service to handle all the title work for its brokers on refinancings. As a result, brokers no longer need to deal with a title company or settlement agent to close a refi. The top U.S. ChatUWM is based on the company’s knowledge base, “The Search.”

Insurance 428

Insurance Agents Real Estate Agent Mortgage 428

Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022.

Mortgage 379

Mortgage Loan Officers Government Buyers 379

Housing Wire

SEPTEMBER 30, 2020

The use of tech in the current mortgage application process is disjointed and siloed. Meanwhile, borrower’s real estate agents, brokers and financial advisers may not even have access to those systems, preventing them from supporting their clients through what is typically the largest financial transaction of their lifetime.

Lending 198

Lending Real Estate Agent Loan Officers Architecture 198

Housing Wire

MARCH 5, 2021

Tension between long-time rivals United Wholesale Mortgage and Rocket Pro TPO , formerly Quicken Loans Mortgage Services , reached a new boiling point after the top wholesale lender in the nation announced it will no longer work with brokers who also work with Rocket Mortgage. “They are dialed in to their industry.

Mortgage 501

Mortgage Marketing Real Estate Agent Loan Officers 501

Housing Wire

FEBRUARY 14, 2024

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. Buy before you sell’ (BBYS) products like The Trade-In Mortgage powered by Calque eliminate the stressors caused by financing contingencies.

Buyers 389

Buyers Loan Officers Real Estate Agent Agents 389

Housing Wire

MAY 18, 2023

Chicago-based technology company Gateless announced this week that Guaranteed Rate , a Chicago-based leading mortgage lender, has implemented its Smart Underwrite solution, a groundbreaking technology that aims to transform the borrower experience.

Real Estate Agent 383

Real Estate Agent Technology Real Estate Realtors 383

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 391

Buyers Agents Loan Officers Real Estate 391

McKissock

JANUARY 5, 2021

Real Estate Career Goals For 2021. ” A lot of real estate agents stated that they wanted to “earn more” in the new year than they did in the previous year. “To full-time draftsman to full-time real estate agent/investor by the end of 2021.”

Real Estate Agent 79

Real Estate Agent Real Estate Agents Clients 79

Housing Wire

DECEMBER 6, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. A lot of this depends on the homebuyer’s lender.

Real Estate 366

Real Estate Real Estate Agent Clients Agents 366

Housing Wire

DECEMBER 12, 2022

The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market.

Marketing 387

Marketing Lending Retail Clients 387

Housing Wire

FEBRUARY 16, 2024

For most of its history, New American Funding (NAF) has focused on organic growth, but earlier this month, the company acquired Draper and Kramer Mortgage Corp. SW: What are some of the decisions you made during this current mortgage cycle that positioned NAF to be on the buying side instead of looking to be acquired?

Loan Officers 400

Loan Officers Retail Clients Real Estate Agent 400

Housing Wire

AUGUST 1, 2023

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. But more than 80% of Rocket’s volume during those years came from refinancings, data from Inside Mortgage Finance (IMF) showed. billion in profit in 2020 and $6.1

Loan Officers 365

Loan Officers Retail Real Estate Agent Real Estate 365

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform.

Technology 349

Technology Real Estate Agent Loan Officers Lending 349

Housing Wire

JANUARY 17, 2023

The latest numbers have many in the industry starting the year on a hopeful note, with the possibility that we’ll see mortgage rates returning to the 5% range in 2023. The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A A 5% market will be good. Make a plan.

Loan Officers 371

Loan Officers Marketing Real Estate Agent Real Estate 371

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. 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 ). Tech100 Mortgage Winners. Hey Clayton …” and a link.

Real Estate 350

Real Estate Brokerage Real Estate Agent Technology 350

Housing Wire

AUGUST 11, 2021

Rocket Homes has plans to start iBuying – and discount real estate. 1 mortgage lender in the U.S. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. And there’s one lending partner that has the solutions and resources to give LOs just that.

Real Estate 417

Real Estate Brokerage Real Estate Agent Agents 417

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At 1 wholesale mortgage lender in the nation for six years running.

Tools 304

Tools Training Technology Clients 304

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

MARCH 25, 2021

The HW Marketing Leaders make up the best and brightest minds in marketing within mortgage lending, servicing and real estate. The new award program was inspired by marketing execs like Sarah DeCiantis , CMO at United Wholesale Mortgage (UWM) , who, alongside her team, worked to meet clients where they needed her most.

Real Estate Agent 345

Real Estate Agent Tools Clients Real Estate 345

Housing Wire

MARCH 17, 2021

“Offering customizable solutions for all our clients is key to this effort, regardless of their size. This focus is quite different from other providers in our space, who typically restrict that benefit to their largest-volume clients.”

Real Estate Agent 366

Real Estate Agent Clients Insurance Real Estate 366