Housing Wire

NOVEMBER 28, 2023

The savvy real estate agents and loan officers see this not a crisis but a golden opportunity. This is a call to arms for real estate agents and loan officers ready to seize the day. Your clients need a guide, and you are poised to be that guiding light.

Real Estate 313

Real Estate Real Estate Agent Loan Officers Clients 313

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Niche loans consist of about 5% of Parkinson’s business. “It’s What we’re seeing is just increased competition over every deal.

Loan Officers 396

Loan Officers Mortgage Inventory Clients 396

Housing Wire

FEBRUARY 22, 2023

The relationship between a loan officer and a real estate agent is one of the most important pieces of the puzzle, as the two must combine forces to help borrowers achieve their goal of buying a home. And, clients will be happier with the experience.

Real Estate 383

Real Estate Real Estate Agent Loan Officers Agents 383

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’s comments offer insight into the scope of Rocket’s remote local loan officer program. I know Rocket Homes has been happy to see it.

Loan Officers 358

Loan Officers Mortgage Real Estate Agent Real Estate 358

Housing Wire

MARCH 22, 2023

Homebot , a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance , a mobile app for first-time homebuyers. Quo’s team, led by co-founders Tucker Hass and Neel Yerneni, will join Homebot. Quo raised $7.2

Finance 336

Finance Real Estate Agent Loan Officers Legal 336

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 318

Loan Officers Mortgage Retail Real Estate Agent 318

Housing Wire

SEPTEMBER 11, 2023

The lender has about 80 loan officers and aims to hire up to 100 in states. Cliffco’s proprietary CRM platform enables loan officers to break away from being heavily dependent on real estate agents for referrals. But the client gets to benefit from that.”

Loan Officers 388

Loan Officers Agents Retail Technology 388

Housing Wire

MARCH 31, 2023

The goal of the new BPD AI Assistant is to improve customer satisfaction, lead generation, and operational efficiency for Big Purple Dot’s clients using AI-powered technology , the company said. The integration is currently available for all Big Purple Dot clients, including beta clients on the BPD Recruit platform, the company said.

Real Estate Agent 363

Real Estate Agent Clients Real Estate Loan Officers 363

Housing Wire

FEBRUARY 14, 2024

The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. It also arms the borrower’s real estate agent with a more powerful offer to win their client’s next property.

Buyers 390

Buyers Loan Officers Real Estate Agent Agents 390

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. And Rocket is well aware.

Loan Officers 364

Loan Officers Retail Real Estate Agent Real Estate 364

Housing Wire

JANUARY 17, 2023

“The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A These hopes for a declining rate have many loan officers feeling optimistic about 2023’s business prospects after experiencing lower volumes last year. A 5% market will be good. Make a plan.

Loan Officers 372

Loan Officers Marketing Real Estate Agent Real Estate 372

Housing Wire

JANUARY 17, 2024

2 However, these potential clients will also face challenges — namely market volatility, unpredictable interest rates and limited purchasing power due to increasing debt. That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. “We

Finance 448

Finance Real Estate Agent Real Estate Insurance 448

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 392

Buyers Agents Loan Officers Real Estate 392

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. More education is really the only way to improve this situation.”.

Clients 394

Clients Agents Buyers Sellers 394

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 504

Buyers Agents Mortgage Real Estate Agent 504

Housing Wire

AUGUST 17, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. These clients have either made money in cryptocurrency and are spending it on a home, the agent explained, or see the rapidly escalating real estate market as another hot investment.

Housing Market 384

Housing Market Real Estate Agent Marketing Real Estate 384

Housing Wire

FEBRUARY 16, 2024

We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. We want to retain customers for our loan officers for life, so we don’t sell the loans we fund or the servicing rights. RA: We have always done really well growing organically.

Loan Officers 402

Loan Officers Retail Clients Real Estate Agent 402

Housing Wire

SEPTEMBER 30, 2021

Borrowers, loan officers, and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is designed to deliver value to both borrowers and lenders–”from the point of thought of buying a house to the point of owning a home.” .

Loan Officers 317

Loan Officers Architecture Real Estate Agent Clients 317

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. Fahad Janvekar, a loan officer at Fairway Independent Mortgage.

Real Estate 366

Real Estate Real Estate Agent Clients Agents 366

Housing Wire

APRIL 27, 2023

. “Brian has a passion for developing and optimizing technologies to provide the best user experience, and we are incredibly confident in his ability to craft a best-in-class platform that not only makes an impact for MMI clients but the mortgage industry as a whole,” said Teerlink.

Development 308

Development Real Estate Agent Real Estate Loan Officers 308

Housing Wire

JUNE 30, 2022

“This type of cutting-edge technology is driven by the needs of the broker community, and we’re always gathering and implementing feedback so we can provide tools that will help our clients continue to grow their business.”. UWM recently launched an exclusive new marketplace called Boost.

Mortgage 317

Mortgage Real Estate Agent Clients Tools 317

Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market.

Mortgage 331

Mortgage Real Estate Agent Real Estate Clients 331

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Finding time for part-time real estate.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

JANUARY 13, 2023

For example, ask a mortgage loan originator what they do for a living and see how many different answers you receive. Do the same thing with a real estate agent. Each day, you must complete these three tasks in order to know you have done your job: Schedule one meeting with a prospective client/referral source.

Mortgage 348

Mortgage Real Estate Agent Clients Loan Officers 348

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. For more information, visit getbuyside.com or email sales@getbuyside.com.

Valuation 313

Valuation Real Estate Agent Real Estate Clients 313

Housing Wire

NOVEMBER 23, 2022

Erica Davis, Guild Mortgage loan originator and home buyer. Rocket Mortgage has also launched a lender-funded 1-0 rate buydown, dubbed the “inflation buster” program, as well as a seller- or real estate agent-funded 1-0 rate buydown from its wholesale arm Rocket Pro TPO.

Buyers 473

Buyers Marketing Sellers Loan Officers 473

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. However, Davis’ relationship with the agent turned sour and she has not yet been able to develop relationships with other agents.

Marketing 395

Marketing Real Estate Agent Loan Officers Advertising 395

Housing Wire

JUNE 5, 2023

Consumers who use a mortgage broker instead of a retail lender save $9,400 over the life of the loan and that increases to $10,400 for minorities. Consumers get a lower rate , lower fees and an exceptional client experience when they work with an independent mortgage broker. HW: How is broker market share trending?

Mortgage 361

Mortgage Retail Lending Loan Officers 361

Housing Wire

DECEMBER 27, 2022

With a huge increase in remote work and his core group of clients buying homes across the country – whether it be vacation homes, more affordable areas, or for new work opportunities – Banosian was at risk of losing clients when they went to states his team wasn’t operating in. “As Or will soon.

Housing Market 515

Housing Market Marketing Real Estate Agent Real Estate 515

Housing Wire

MARCH 11, 2022

Because Fairway gets most of its reverse mortgage business from referral partnerships, extending to the purchase market made sense for Fairway because of the partnerships that its loan officer corps has spent so much time developing, according to Hultquist. And so, they know the local real estate agents.

Business 353

Business Real Estate Agent Real Estate Loan Officers 353

Housing Wire

JANUARY 9, 2024

households that provides visibility into everything that went into a transaction — real estate agents, loan officers, lenders, title agencies and borrower details, according to MMI’s website. “If MMI’s data covers information on mortgage transactions covering more than 95% of U.S.

Loan Officers 271

Loan Officers Real Estate Agent Tools Business 271

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. And why is this so important?

Real Estate Agent 360

Real Estate Agent Real Estate Agents Clients 360

Housing Wire

FEBRUARY 7, 2023

of the balance of a loan being assumed would be fair to both the borrower and the servicer.” ” Other stakeholders want even higher fees so they can compensate loan officers. While the real estate agent gets a commission, whether an LO gets paid from an assumable mortgage depends on their individual lender’s setup.

Mortgage 379

Mortgage Loan Officers Government Buyers 379

Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based We also find that FHA mortgages serve minority clients in a higher percentage than conventional mortgages for lower credit scores.

Loan Officers 354

Loan Officers Insurance Mortgage Real Estate Agent 354

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

Housing Market 534

Housing Market Buyers Marketing Real Estate Agent 534

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 369

Tools Clients Technology Real Estate Agent 369