Housing Wire

SEPTEMBER 11, 2023

Eric is a seasoned mortgage professional who has built something really special with the Guaranteed Backup Contract,” Tushar Garg , the co-founder and CEO of Flyhomes, said in a statement Monday. Meadow has 25 years of mortgage industry experience. The consumer has 90 days to then close of the sale of their prior home.

Contracts 392

Contracts Real Estate Agent Tenants Retail 392

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 368

Loan Officers Mortgage Real Estate Agent Real Estate 368

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 410

Mortgage Real Estate Agent Real Estate Agents 410

Housing Wire

SEPTEMBER 11, 2023

Cliffco Mortgage Bankers is among the rare independent mortgage banks doing more business than last year. 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.

Loan Officers 396

Loan Officers Agents Retail Technology 396

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. Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States.

Loan Officers 417

Loan Officers Retail Clients Real Estate Agent 417

Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets. million agents as of last year.

Real Estate Agent 391

Real Estate Agent Real Estate Retail Technology 391

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 396

Marketing Lending Retail Clients 396

Housing Wire

NOVEMBER 22, 2022

Movement Mortgage CEO Casey Crawford and President Mike Brennan. Movement Mortgage’s deal to acquire top indie retail lender Mortgage Network marks a shift in the South Carolina-based company’s strategy. The shrinking mortgage market is the primary reason why. ” . . It added $1.5

Loan Officers 384

Loan Officers Retail Business Mortgage 384

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. For Jason Stallworth, retail sales manager at Planet Home Lending , preparation for Q1 began last month by meeting with new prospects, real estate agents and brokers.

Loan Officers 396

Loan Officers Marketing Real Estate Agent Real Estate 396

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 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Real estate agents and LOs: the great collaboration. Then you might as well just go work for UWM retail.

Real Estate Agent 384

Real Estate Agent Retail Real Estate Design 384

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 306

Tools Training Technology Clients 306

Housing Wire

NOVEMBER 10, 2020

His corner of the Atlanta mortgage market – high-value home loans that wouldn’t be bought by the GSEs – was booming. “I told my client, my friends, ‘Look, I know you’re supposed to close in 10 days but we’re closing Friday and you let everybody know it or you may not close,’” Dodson said. So you stop.”.

Business 432

Business Mortgage Investors Loan Officers 432

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The change resulted in Better’s exit from its real estate business.

Realtors 369

Realtors Technology Insurance Mortgage 369

Housing Wire

JANUARY 24, 2023

United Wholesale Mortgage ‘s (UWM) aggressive moves to gain an edge on the competition tend to provoke controversy. “It’s a risk management issue: some clients would say, ‘I understand there are some gray areas, but I’m willing to take the risk.’ Ultimately, they would be denied access to mortgages.

Lending 368

Lending Law Legal Training 368

Housing Wire

APRIL 29, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Local agents say these rising prices are not stopping buyers from Colorado, Florida, New York, New Jersey and California from flocking to the northern New England city. Conway, Arkansas.

Housing Market 373

Housing Market Marketing Agents Real Estate 373

Housing Wire

FEBRUARY 14, 2024

As reverse mortgage industry professionals continue to look ahead into 2024 after enduring a challenging year for business in 2023, the prevailing attitude is optimistic. That’s also an attitude shared by Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot. from the consumer level.

Business 402

Business Mortgage Advertising Clients 402

Housing Wire

DECEMBER 20, 2022

He built features that cater to realtors’ needs – such as weekly updates on the housing market, daily alerts of mortgage rates and keeping real estate agents informed of borrowers’ pre-approval status. How has your software helped build relationships in a purchase mortgage-dependent market? We track that.

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

DECEMBER 19, 2022

Rocket Mortgage , once the largest mortgage originator in the country, capitalized on the all-time low mortgage rates during the pandemic years, racking up record profits through an enormous amount of refinances. Worse, Rocket lost its origination crown to its chief antagonist, United Wholesale Mortgage. trillion in 2022.

Mortgage 409

Mortgage Real Estate Agent Clients Business 409

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. I feel she’s going to know what the national average (for a 30-year fixed mortgage rate) is at around 6.8%.

Loan Officers 422

Loan Officers Mortgage Lending Real Estate Agent 422

Housing Wire

AUGUST 16, 2023

The biggest nonbank mortgage lenders in America saw improved performance in both origination and servicing segments in the second quarter, capitalizing on the continued mortgage pullback from banks. As we’ve reported, that trend looks sticky, which could help change the fortunes of top independent mortgage banks sooner than expected.

Retail 365

Retail Real Estate Agent Business Mortgage 365

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 395

Lending Real Estate Agent Loan Officers Retail 395

Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. Using MLS photos is a joke, as real estate agents don’t take photos of defects.

Appraisal 89

Appraisal Training Inspection Real Estate 89

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. After 1979, mortgage rates went up to 18%. Some got teller jobs in bank retail locations. Appraisal Business Tips .

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

DECEMBER 2, 2022

My comments: Real estate agents and brokers are salespersons. Over the years, I observed that successful real estate agents seldom switched to the much less profitable appraisal side. Over the years, I observed that successful real estate agents seldom switched to the much less profitable appraisal side.

Appraisal 84

Appraisal Agents Real Estate Real Estate Agent 84

Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. New FHA ROV Policy By Dave Towne, May 3, 2024 Excerpts: Up until recently, there has never been a standardized policy for mortgage loan related Reconsideration of Value (ROV) requests after an appraisal has been submitted.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Housing Wire

APRIL 25, 2024

In 2024, agents have two choices; learn how to run your entire business from the apps on your phone or tablet, or find a new career. The days of running back to the office to write a tricky email to a client, follow up with a lead, or post on social media are long gone — and they’re never coming back.

Real Estate 408

Real Estate Agents Open Houses Tools 408

Appraisal Today

JULY 21, 2023

NOTE: Please scroll down to read the other topics in this long blog post on changing real estate market, interest rate forecasts, non lender appraisals, foreclosures way down from 2008, Freddie and ANSI, unusual homes, mortgage origination stats, etc. Communicating with non-lender clients: Very different from lenders.

Appraisal 92

Appraisal Real Estate Contracts Business 92

Appraisal Today

MARCH 31, 2023

And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market. But how do you contact potential clients and referral sources? Secondly, the 3rd party inspection is sent to a licensed appraiser.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Appraisal Today

NOVEMBER 10, 2022

NOTE: Please scroll down to read the other topics in this long blog post on barndominiums, liability, declining prices, non-lender marketing, Freddie bad appraisal practices, unusual homes, mortgage origination stats, etc. ==. The only appraisers who get sued are those performing appraisals for mortgage lending. Powerball Jackpot.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Appraisal Today

APRIL 21, 2023

Increased numbers of state appraisal boards are looking at complaints against appraisers from the standpoint of the consumer, rather than that of the client and/or the intended user(s). As all appraisers are aware, the consumer has no standing with the appraiser (assuming the consumer is not the named client or intended user).

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Housing Wire

APRIL 26, 2023

Arizona-based lender On Q Financial will form a multi-partner mortgage banking joint venture with HomeCo Partners , a consortium of real estate brokerages and a builder, HousingWire has learned. Having the ability to do a consortium joint venture like this gives us the ability to grow with our clients,” Lamb said.

Real Estate 397

Real Estate Brokerage Retail Business 397

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: … senior leaders at AMCs, lenders and the GSEs have noted that slower appraisal volume will favor those appraisers who can stay in communication with their clients and provide faster turn times. The upcoming October issue of the monthly Appraisal Today has an article, “Which are your best current and former AMC/lender clients?

Appraisal 52

Appraisal Marketing Business Contracts 52

Appraisal Today

APRIL 7, 2023

NOTE: Please scroll down to read the other topics in this long blog post on ROVs, non-lender appraisals, appraisal business, unusual homes, mortgage origination stats, etc. == Amazing Guitar-Shaped House in Georgia Currently off market. Mortgage applications decreased 4.1 percent from one week earlier Mortgage applications decreased 4.1

Appraisal 52

Appraisal Property Taxes Reconsideration of Value Contracts 52

Housing Wire

AUGUST 29, 2022

In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind Rocket Mortgage. “I 1 lender in the country.

Investing 410

Investing Loan Officers Retail Mortgage 410

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

APRIL 14, 2023

NOTE: Please scroll down to read the other topics in this long blog post on liability, appraisal errors, non-lender appraisals, Fannie non-appraisal options, unusual homes, mortgage origination stats, etc. It is a place where we can show our clients just how valuable an appraisal can be.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52