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

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

DECEMBER 16, 2021

In November, Interfirst issued pink slips to hundreds of non-commissioned loan officers at its call centers in Charlotte, North Carolina and Rosemont, Illinois, according to WARN notices in both states. I think 99% of the loans that I was writing there were refinances. 375% below the market.”

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

AUGUST 7, 2020

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 Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders.

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

NOVEMBER 2, 2022

In many cases, no technology existed to specifically address that new requirement (or could only be created on a costly, custom basis). And not all of them are technological. The industry has evolved in the way it hires, trains and deploys its human resources. Technology, too, has changed.

Business 395

Business Technology Human Resources HOA 395

Housing Wire

SEPTEMBER 22, 2020

So who could possibly be thinking about compliance right now, except maybe, compliance officers? This is not a suggestion where you drop what you’re doing, push your production team into training and staff up the compliance department. Again, this takes resources (people and technology).

Training 392

Training Lending Loan Officers Technology 392

Housing Wire

MAY 6, 2022

All of a sudden, you have loan officers and brokers out there hearing what the market is demanding. Whatever their clients are asking for, they must try and accommodate them as quickly as possible. Yes, we offer training and webinars. Next, it’s up to us to make them comfortable with the idea of offering something new.

Marketing 368

Marketing Lending Loan Officers Training 368

Housing Wire

MAY 9, 2024

Rocket Companies , the parent company of Rocket Mortgage , hired its first chief technology officer this week, bringing former Thomson Reuters and Intel executive Shawn Malhotra into the fold. As a technologist, one of the biggest strategic imperatives that we have is to bet big on technology , and specifically AI technology.

Clients 368

Clients Technology Tools Loan Officers 368

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. .” Fairway, which did about $3.5

Real Estate Agent 384

Real Estate Agent Retail Real Estate Design 384

Housing Wire

DECEMBER 20, 2022

While Nguyen had to cut his workforce to about half this year, he plans to scale his company in 2023 by hiring 1,000 LOs and targeting the purchase market in Loan Factory’s 44 licensed states. “I I think I built a very good system – good process and good technology. CK: Has there been layoffs at Loan Factory as well?

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

DECEMBER 29, 2023

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. AI can understand the loan status, a loan profile and AI can respond to the consumer.

Mortgage 450

Mortgage Loan Officers Inventory Business 450

Housing Wire

AUGUST 31, 2023

And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. A trained and vetted third party can perform the data collection. Who is eligible to take advantage of them?

Modernization 393

Modernization Appraisal Inspection Valuation 393

Housing Wire

AUGUST 23, 2021

That’s true even if those complex, multi-outcome tasks didn’t really require highly trained professionals. Those include collaborative communications (Realtor to closing officer; loan officer to escrow assistant, etc.) for the exchange of information as well as simple, but common, client service communications.

Loan Officers 384

Loan Officers Agents Realtors Clients 384

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. If any issues or discrepancies are identified, the AMC works with the appraiser to address and resolve them before delivering the final report to the lender or client.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Clear Capital

SEPTEMBER 13, 2023

Great news for users of Encompass® by ICE Mortgage Technology®. What is Encompass by ICE Mortgage Technology? Encompass is a digital lending software available through ICE Mortgage Technology. Encompass is a digital lending software available through ICE Mortgage Technology.

Technology 36

Technology Valuation Mortgage Inspection 36

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. Jeff Allen.

Sellers 69

Sellers Agents Real Estate Buyers 69