Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

Loan Officers 410

Loan Officers Technology Lending Tools 410

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

MARCH 27, 2024

The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending. Business alignment Krajewski most recently served as vice president and head of reverse mortgage lending at University Bank , and he joined US Mortgage earlier this month.

Business 432

Business Mortgage Loan Officers Training 432

Housing Wire

SEPTEMBER 29, 2020

Right now, while things are good, invest in cross-training your staff. Their overarching goal is to help grow happiness — for customers, for clients and for their staff. The post Refi Sugar High: How to balance your lending diet appeared first on HousingWire. Maintaining a healthy culture has long been central to TMS’s mission.

Lending 432

Lending Loan Officers Business Investors 432

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. What are some specific types of non-lending assignments that might be worth adding to your workload this year? Read the full survey results below.

Lending 99

Lending Appraisal Property Taxes Training 99

Housing Wire

FEBRUARY 8, 2023

Homelendia said the franchisor model offers a turnkey solution for things like licensing, training, marketing support, loan processing services and ongoing assistance.

Brokerage 370

Brokerage Mortgage Training Lending 370

Housing Wire

OCTOBER 10, 2022

One of the more interesting trends is that some of our historically smaller clients are beginning to grow rapidly over the last 90-120 days, with some of the larger lenders stepping away or pricing themselves out of the market. Keeping client scope systematically hardcoded maintains the integrity of the underwriter’s review of the loan.

Mortgage 397

Mortgage Clients Training Valuation 397

Housing Wire

SEPTEMBER 20, 2022

There’s an opportunity here for risk and QC teams to encourage trust in the lending space through strong processes and review. Ensuring trust in lending opens doors for more creativity, such expansion of the credit box and additional products, ultimately increasing access to homeownership and therefore, expansion of the credit box.

Marketing 370

Marketing Training Clients Technology 370

Housing Wire

JUNE 30, 2021

At UWM we focus on our client service, operational efficiency and speed to close loans. UWM has significantly invested in our technology team and tech stack, offering career-focused training and development which has contributed to growing this function to over 1,100 team members,” Chief Technology Officer Jason Bressler said.

Tools 306

Tools Training Technology Clients 306

Housing Wire

AUGUST 3, 2021

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. “We have a significant portfolio of clients, roughly 2.5

Mortgage 421

Mortgage Clients Lending Technology 421

Housing Wire

DECEMBER 13, 2021

Lenders and search companies alike need to look for trusted agent partners to provide the client with the experience they deserve. Serving some of the top organizations in the real estate and lending space is a privilege,” said Jason Mitchell, president of JMG. Our goal is not to simply be a distribution warehouse.

Real Estate 421

Real Estate Real Estate Agent Agents Clients 421

Appraisal Buzz

JUNE 10, 2021

Through the partnership with SkillBridge, Clario’s training program will upskill and employ 35 active service members transitioning to civilian life in the next 12 months. To apply for the training program, visit this website. We specialize in real estate valuations for the mortgage lending and financial services industries.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

JANUARY 10, 2024

.” Many of the individual agents in the study had other full-time jobs as “teachers, government workers, restaurant servers, commercial employees, and a large number in associated industries – mortgage lending, real estate appraisal, commercial and residential investment, and the practice of real estate law.”

Agents 432

Agents Real Estate Real Estate Agent Training 432

Housing Wire

JANUARY 24, 2023

Mortgage compliance attorneys interviewed by HousingWire said the program, dubbed “Control Your Price,” raises potential areas of concern across three subjects: rules that govern loan officers’ compensation; fair lending; and unfair, deceptive and abusive acts and practices. ” According to Selden, the rule is clear.

Lending 370

Lending Law Legal Training 370

Housing Wire

JUNE 2, 2022

An LO with a client at the closing table. The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? Underwriters are trained as desktop underwriters (DUs).

Lending 384

Lending Investors Mortgage Clients 384

Housing Wire

MAY 18, 2021

It is no wonder then that, when asked, WFG’s lender clients and their borrowers identified training, collaboration, process efficiency and communication as the four major pain points they want to improve. Building an optimized process requires input from clients and partners. COLLABORATION.

Mortgage 281

Mortgage Training Clients Development 281

Housing Wire

NOVEMBER 2, 2023

We also continue to keep our eye on any disruption in the warehouse lending space and see as an area of potential focus headed into 2024. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers. The key to success with non-QM is to choose a non-QM lending partner wisely.

Investors 450

Investors Real Estate Lending Loan Officers 450

Housing Wire

MARCH 16, 2021

Record-breaking lending volumes led many lenders to tighten up their processes across every stage of the mortgage cycle. By integrating PTE, Plaza has, in turn, accomplished two vital goals: Faster turn times and happier clients. With client satisfaction as a key performance indicator, Plaza has found success with PTE. “I

Property Taxes 384

Property Taxes Tools Clients Lending 384

Housing Wire

JULY 31, 2022

Additionally, Docutech has a highly trained implementation team with deep expertise and resources to help its lender clients assess and optimize their current processes, as well as how to drive technology change in a way that meets their critical to success items and provides the best experience. Emily Shapiro, President, Docutech.

Technology 370

Technology Clients Agents Training 370

Housing Wire

MARCH 4, 2021

While mortgage lenders would do well to heed the statements from the Consumer Financial Protection Bureau that it will be carefully watching fair lending and servicing issues , especially with the likelihood of a default spike, title and settlement firms will be keeping an eye on more than just the CFPB.

Lending 421

Lending Law Loan Officers Clients 421

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. We’re not out building a retail person’s name.

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

JUNE 28, 2022

In addition to the momentum and the economics, digital lending just makes sense. They are willing to drive change across their operations and work with advisors, like Falcon, to develop a roadmap to integrate digitalization into policies, processes, and training. Some clients want to do all of these things and want them done yesterday.

Mortgage 410

Mortgage Training Business Transportation 410

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . We have a dedicated training department that can teach originators all about reverse mortgages, our products, and how to make the sale.

Housing Market 370

Housing Market Business Mortgage Marketing 370

Housing Wire

MARCH 23, 2022

Available to clients aged 55 and older (in select states), this product allows eligible homeowners to tap into more of their home equity sooner rather than later with lower upfront costs. The program is available to a wide range of homeowners, with lending limits as high as $4 million*.

Mortgage 384

Mortgage Clients Business Training 384

Housing Wire

JANUARY 14, 2022

Non-QM lenders Angel Oak Mortgage , Acra Lending and Newfi alone currently have at least 130 openings on jobs listings sites. Acra Lending, which rebranded from Citadel Servicing last year , more than doubled its headcount year-over-year from 200 employees to 420 in 2022. “The riches are in the niches.”

Lending 409

Lending Loan Officers Real Estate Mortgage 409

Housing Wire

JUNE 30, 2021

During this period of significant opportunity for purchase transactions and refinances, brokers and wholesale correspondents (non-delegated) need to align to wholesale lenders that provide deep industry expertise, comprehensive products and efficient operational support to support their clients’ strategies.

Mortgage 214

Mortgage Clients Training Government 214

Housing Wire

APRIL 19, 2022

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Federal regulations mandate that nonbank LOs take training prior to being certified. HMDA, Fair Lending etc.,” Learning materials up to par?

Training 384

Training Loan Officers Lending Mortgage 384

Housing Wire

MAY 18, 2022

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? What can lenders do to dispel this common misconception with their clients?

Mortgage 397

Mortgage Clients Insurance Tools 397

Housing Wire

MAY 5, 2021

All told, the Detroit lending powerhouse originated $103.6 “The combination of our technology platform and Rocket Cloud Force of highly trained professionals, continues to deliver scalability and a client experience that is unmatched,” CEO Jay Farner said in a statement Thursday. billion in the first quarter of 2020.

Mortgage 421

Mortgage Real Estate Agent Real Estate Clients 421

Housing Wire

MARCH 5, 2024

And then, we help buyers’ agents show their clients inventory that they otherwise did not know they could afford. As a result, the industry hasn’t been trained on the ins and outs of the assumptions. So, we help them include that marketing for that home. Assumptions haven’t been popular since the early 1980s when rates rose rapidly.

Mortgage 441

Mortgage Buyers Agents Real Estate Agent 441

Housing Wire

SEPTEMBER 22, 2020

This is not a suggestion where you drop what you’re doing, push your production team into training and staff up the compliance department. Do you mandate training (regular, continuous and updated) on the basics like Dodd-Frank, Fair Lending and the most aggressive state-level rules and regulations? It’s tedious.

Training 397

Training Lending Loan Officers Technology 397

Housing Wire

FEBRUARY 17, 2022

Fairway Independent Mortgage Corporation , Fairway Wholesale Lending and the American Warrior Initiative (AWI) wrapped up last year by granting 16 service dogs to 16 veterans in a timespan of less than one hour. When I began to originate loans for active-duty military clients in Leesville, La.,

Training 370

Training Lending Clients Mortgage 370

Housing Wire

FEBRUARY 25, 2022

UWM claims in the lawsuit that it provides brokers “considerable resources” to grow their businesses, such as technology, marketing materials, compliance support and training. As a result, the broker’s success is partially attributed to the lender, UWM argued.

Contracts 370

Contracts Brokerage Investing Mortgage 370

Housing Wire

APRIL 2, 2021

It also provides IT infrastructure experts, back-office support, and training for the franchisee. How hybrid title and valuations help increase lending efficiency. It currently offers virtual closings for clients, at their convenience. “The process is quite arduous if you want to start it on your own. .”

Insurance 366

Insurance Agents Training Valuation 366

Housing Wire

SEPTEMBER 16, 2021

At Mayer Brown, Kully advises clients in the consumer financial services and real estate settlement services industries in connection with federal and state consumer protection, licensing, and practice requirements. HousingWire: Lastly, what was your biggest learning opportunity? doing really important work around the country.

Finance 384

Finance Legal Development Training 384

Housing Wire

OCTOBER 19, 2021

Additionally, homebuyers demand a fast and simple mortgage lending experience, similar to the other types of technology-driven solutions they enjoy in other aspects of their lives. Lenders haven’t been able to hire and train fast enough. JG: At the end of the day, it is all about providing value to your clients.

Business 384

Business Clients Technology Training 384

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. Whatever their clients are asking for, they must try and accommodate them as quickly as possible. Yes, we offer training and webinars.

Marketing 370

Marketing Lending Loan Officers Training 370