Housing Wire

SEPTEMBER 2, 2021

The mortgage industry is still seeing record-breaking numbers, but those numbers have started to wane and lenders looking to succeed in a slow market need to begin preparations today. Recent trends indicate that the mortgage market is beginning to see the end of the refinance boom and enter a purchase heavy market.

Technology 431

Technology Loan Officers Mortgage Investing 431

Housing Wire

FEBRUARY 20, 2024

Today, a mortgage lender must have scalability in its operation, an ability to pivot quickly to meet changing market conditions and client needs, a well-designed technology stack and, above all, a keen sense of what its customers and the marketplace truly want from them.

Loan Officers 408

Loan Officers Technology Lending Tools 408

Housing Wire

DECEMBER 6, 2023

The partnership will boost loan officers ’ capacity to deliver personalized, efficient and tech-powered solutions directly to their clients and agents. Meanwhile, LoanPASS’s flagship products and pricing engine (PPE) automates product and pricing decision-making for all loan products.

Loan Officers 437

Loan Officers Tools Clients Technology 437

Housing Wire

JANUARY 11, 2024

Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. Clients of FinLocker include loan officers, mortgage lenders, servicers, banks and credit unions.

Investing 441

Investing Loan Officers Technology Inventory 441

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. On the non-QM side, only 3% of the market has been penetrated. But we’re heading into different segments of the ocean.

Loan Officers 397

Loan Officers Agents Retail Technology 397

Housing Wire

MAY 7, 2024

Mortgage capital markets tech firm Polly announced on Tuesday that it has launched “Polly/AI,” which integrates artificial intelligence (AI) technology into the newest version of its product and pricing engine (PPE) and includes a “co-pilot” for loan officers that will “process, interpret, and recommend a range of outcome-driven results.”

Loan Officers 399

Loan Officers Design Mortgage Technology 399

Housing Wire

MARCH 4, 2024

Guideline Buddy’s chatbot leverages generative AI technology to simplify the loan qualification process by providing swift and accurate information, freeing professionals from the time-consuming burden of sifting through extensive documentation, the firm said.

Loan Officers 416

Loan Officers Tools Design Technology 416

Housing Wire

APRIL 1, 2024

Today’s unique market requires flexibility and a pricing engine that empowers lenders and their loan officers to put the right loan products in front of borrowers. Parvesh Sahi : It has always been important, but it’s now glaringly obvious in today’s market that lenders have to be able to react fast.

Loan Officers 425

Loan Officers Technology Tools Marketing 425

Housing Wire

SEPTEMBER 15, 2020

In this low interest rate environment, lenders are staying busy with high volumes and new clients. Ernie Graham: Once you’ve closed a transaction, there’s this natural halo effect you have with the client that means that they think well of you – until they forget about you. EG: You create balance by focusing on quality.

Clients 441

Clients Loan Officers Advertising Business 441

Housing Wire

OCTOBER 31, 2022

Her role will focus on technology to drive the company’s growth. Michael Brennan, president of Movement, said Waggoner can empower loan officers with the tools they “need to win.”. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added.

Loan Officers 370

Loan Officers Mortgage Technology Tools 370

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. Not anymore.

Business 431

Business Marketing Technology Tools 431

Housing Wire

SEPTEMBER 27, 2023

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. The financial terms of the transaction have not been disclosed.

Lending 437

Lending Technology Loan Officers Clients 437

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. Profitability may resemble the market in 2018 , when around one-third of nonbank lenders failed to turn a profit.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

FEBRUARY 16, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with New American Funding CEO and Co-founder Rick Arvielo to talk about the acquisition, the company’s strategy for the rest of 2024, and what differentiates NAF in this market. Sarah Wheeler: Market conditions have fueled a lot of M&A activity recently.

Loan Officers 420

Loan Officers Retail Clients Real Estate Agent 420

Housing Wire

FEBRUARY 7, 2023

This acquisition is part of the company’s continued plan to grow both in existing markets and by entering new ones with selective acquisitions of like-minded lenders,” Guild CEO Mary Ann McGarry said in a statement. The company has 39 active loan officers across its retail branches, according to Modex data.

Retail 384

Retail Mortgage Loan Officers Technology 384

Housing Wire

MARCH 31, 2023

According to Big Purple Dot , it is one of the first CRM companies in the mortgage industry to integrate the ChatGPT API into its marketing platform. “The integration of ChatGPT with our CRM platform will revolutionize the way loan officers, real estate agents, and recruiters communicate with their clients,” Davidoff said.

Real Estate Agent 394

Real Estate Agent Clients Real Estate Loan Officers 394

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. As of mid-March, Richards said the company had signed up more than 20 clients with an aggregate total of more than 5,000 mortgage originations.

Loan Officers 416

Loan Officers Clients Mortgage Construction 416

Housing Wire

JUNE 5, 2023

Up until the financial crisis in 2008, mortgage brokers held nearly 50% market share. Now, they are sitting at 22% and climbing, because they offer the most loan options to borrowers. DS: The growth of the channel has been significant, especially in terms of technology. HW: How is broker market share trending?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

MARCH 14, 2024

These include the integration of forward mortgage professionals into the reverse mortgage business, how the Home Equity Conversion Mortgage (HECM) limit for 2024 could end up impacting the industry, and the openness of both clients and referral partners to reverse mortgage conversations.

Mortgage 409

Mortgage Clients Loan Officers Tools 409

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. 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.

Lending 362

Lending Marketing Technology Contracts 362

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Because as loan officers, they believe that there’s nothing better than a broker channel, and to them this is most important for their consumers,” said Kortas. “We

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

JUNE 30, 2022

Intuitive technologies developed and built by experts in both mortgages and technology can drive efficiency, reliability and profitability when paired with exceptional customer service. At UWM, we’re always looking for ways our brokers can grow their business,” said Justin Glass, Senior Vice President and Chief Digital Officer at UWM.

Mortgage 359

Mortgage Real Estate Agent Clients Tools 359

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. Presented by: Black Knight.

Loan Officers 441

Loan Officers Retail Business Mortgage 441

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 5, 2022

The dataset reveals loan origination activities by product, loan amount, loan officer and competitor, the company said. In a statement, Todd Teta, ATTOM’s chief product and technology officer, said the company’s aim is to innovate and increase transparency in the real estate industry.

Property Taxes 370

Property Taxes Loan Officers Real Estate Clients 370

Housing Wire

APRIL 27, 2023

Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has appointed Brian McKray as the director of product development. The platform offers granular insights into lenders, loan officers, and real estate agents by region or individual transactions.

Development 359

Development Real Estate Agent Real Estate Loan Officers 359

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. We recently spoke to Bao Huynh, Director of Business Development at LoanScorecard, about these changes and the challenges of originating non-QM loans. HousingWire: How is the shift from refi to purchase affecting the non-QM market?

Marketing 390

Marketing Investors Technology Loan Officers 390

Housing Wire

SEPTEMBER 22, 2023

The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. However, a silver lining in the subdued housing market is the strength in new-home sales. They were withdrawing volatility from the market, and they were lowering rates to benefit consumers.

Housing Market 450

Housing Market Marketing Buyers Investors 450

Housing Wire

JUNE 1, 2023

The deal also expands Planet’s footprint in the Midwest, Northwest and West Coast markets. Founded in 1993 by Bill and Michael Giambrone, Platinum has 22 branches and 79 active loan officers, according to the mortgage tech platform Modex. The company’s assets will add to Planet’s 30 branches and 128 active LOs.

Retail 397

Retail Mortgage Lending Renovations 397

Housing Wire

NOVEMBER 1, 2021

thanks to a near $84 billion dollars in volume in the second quarter, Rocket sees this program as an opportunity to further increase market share. “Financial institutions can now combine those relationships they’ve already established, while leveraging Rocket Mortgage’s transformational platform powered by Rocket technology.”

Mortgage 419

Mortgage Loan Officers Lending Technology 419

Housing Wire

OCTOBER 27, 2022

Everyone knows that the current market is a challenging environment for housing professionals, as high rates mean fewer originations and even less refi business. But according to Shant Banosian, Guaranteed Rate’s top-ranked loan officer, now is the time for LOs to show up and work hard. “In Deliver value.

Loan Officers 384

Loan Officers Clients Mortgage Marketing 384

Housing Wire

JANUARY 9, 2024

The feedback (from the Fee Freedom initiative) has been incredible from brokers because it helped them to be able to save money on a monthly basis, spend on marketing, spend on tools and things that can help them grow their business,” Fawaz said in an interview with HousingWire on Tuesday.

Loan Officers 322

Loan Officers Real Estate Agent Tools Business 322

Inman

FEBRUARY 20, 2024

Integration of Jungo's CRM solution with Homebot lets mortgage loan officers share real-time data and insights into market trends, interest rates and property values with prospective clients.

Loan Officers 158

Loan Officers Mortgage Clients Marketing 158

Housing Wire

APRIL 10, 2023

HousingWire: How has the current market affected the way lenders approach customer relationships? Dustin Gray: You don’t have to be an economist to know it’s a challenging time to buy a home or get a loan. HW: What types of technology can lenders use to improve the borrower experience? This is where Milestones fits in.

Home Value 421

Home Value Technology Clients Advertising 421

Housing Wire

AUGUST 31, 2022

Lenders and applicants alike rely on powerful tools and technology that increase transparency and create ease, speed and convenience. The company’s predictive analytics platform not only provides lenders with the benefit of intuitive technology, it also helps more applicants qualify for mortgages.

Mortgage 366

Mortgage Clients Loan Officers Finance 366

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 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 359

Mortgage Architecture Technology Modernization 359