Housing Wire

NOVEMBER 15, 2023

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. We share a core value in that we are not afraid to roll up our sleeves to help our clients win.

Valuation 370

Valuation Technology Clients Modernization 370

Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed. million in cash.

Retail 395

Retail Mortgage Lending Renovations 395

Housing Wire

JUNE 5, 2023

Desmond Smith: There are two ways to get a mortgage — wholesale or retail. Retail lending is when you walk into a bank branch or go to an online lender, and they help you get a mortgage. DS: The growth of the channel has been significant, especially in terms of technology. HW: How has wholesale changed over the past 2–3 years?

Mortgage 355

Mortgage Retail Lending Loan Officers 355

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. Capturing leads with tech Another priority for the lender is procuring leads through its proprietary technology.

Loan Officers 380

Loan Officers Agents Retail Technology 380

Housing Wire

FEBRUARY 16, 2024

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. We grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?

Loan Officers 390

Loan Officers Retail Clients Real Estate Agent 390

Housing Wire

JANUARY 10, 2024

The National Retail Federation found that during the 2022 holiday season, retailers saw 17.9% Add the clients’ names and the date of their closing. Enhancing the entire client experience Real estate transactions can be stressful, and clients often remember the exceptional service and personal touches that set their agent apart.

Real Estate 343

Real Estate Clients Retail Client Relationships 343

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. However, they are hampered by comparatively poor technology and the slow speed at which they can close a loan, analysts said.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

MARCH 14, 2024

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot , recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper into the current reverse mortgage business environment, she offered additional perspectives on multiple topics.

Mortgage 350

Mortgage Clients Loan Officers Tools 350

Housing Wire

DECEMBER 27, 2023

The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. “But given how hard this market has been and that scale is becoming more important with technology, smaller companies are under more pressure.

Mortgage 386

Mortgage Retail Lending Sellers 386

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. “I was told by the recruiter this division – Rocket retail started a year ago. billion in 2021.

Loan Officers 359

Loan Officers Retail Real Estate Agent Real Estate 359

Housing Wire

DECEMBER 17, 2021

The Tech100 Real Estate Award recognizes the 100 technology companies that are changing the home sales process forever – from home search to lead management solutions, and remote closing to transaction management software. million agents as of last year. Homesnap experienced and explosive three-year growth rate of 917.2%

Real Estate Agent 361

Real Estate Agent Real Estate Retail Technology 361

Housing Wire

SEPTEMBER 28, 2023

FTC sued ICE earlier this year alleging the two top mortgage technology providers would drive up costs, reduce innovation and limit lenders’ choices for mortgage origination tools. There’s a little north of 100 [MSP clients] and we believe that 40 of those are not on Encompass today. billion and $2.07 billion.

Technology 376

Technology Valuation Mortgage Development 376

Housing Wire

JUNE 29, 2023

” The integration combines comprehensive eClosing technology with data-driven origination workflow automation. We’re thrilled to offer our clients the efficiencies and conveniences that this partnership brings,” MaryKay Theriault , director of product management at Finastra, said.

Lending 323

Lending Tools Retail Clients 323

Housing Wire

OCTOBER 16, 2023

HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM , about the work independent mortgage brokers can do right now to prepare for when rates drop and how to go above and beyond for clients. The reality is, we can’t control the rates, but we can control the service we provide and make sure we stay in front of past clients.

Business 380

Business Real Estate Agent Marketing Clients 380

Housing Wire

FEBRUARY 9, 2023

The merger will result in an “increased lending footprint” to better serve clients, Paul Kessel, president of American Portfolio, said in a statement. Lisa Thomas, chief executive officer of Town Square, added that the deal also brings “a portfolio of expanded loan products backed by a lending platform with state-of-the-art technology.”

Mortgage 349

Mortgage Retail Loan Officers Lending 349

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. At UWM we focus on our client service, operational efficiency and speed to close loans. Jason Bressler, Chief Technology Officer.

Tools 304

Tools Training Technology Clients 304

Housing Wire

OCTOBER 17, 2022

Through the program, the homebuyer uses Rocket Pro TPO’s digital client portal to apply, submit documents and e-sign. Rocket then generates loan estimates, closing disclosures and final closing documents to the client through the portal. “Rocket has always supported choice for our mortgage broker partners and their clients.

Clients 381

Clients Retail Mortgage Tools 381

Housing Wire

DECEMBER 12, 2022

Despite struggles in retail and wholesale, Pennymac has remained a standout in the correspondent channel, in which lenders aggregate loans from smaller originators. Meanwhile, the retail channel’s market share slipped to 56% of the overall originations pie in the third quarter of 2022. Stepping into the void. billion, a 12.6%

Marketing 380

Marketing Lending Retail Clients 380

Housing Wire

JULY 21, 2023

These strategic transactions are aligned with our mission-driven go-forward strategy and refined focus on our core underwriting and technology business,” Max Simkoff , the founder and CEO of Doma, said in a statement. The financial terms of the deals were not disclosed. We are excited to welcome the talented team from Doma.”

Insurance 337

Insurance Clients Retail Real Estate 337

Housing Wire

AUGUST 2, 2022

Endpoint said its new solutions include APIs that automatically open title orders, track transaction statuses, exchange documents, and provide title agents and their clients with custom reporting features and notifications. “At And that’s on, I guess, what you’d call the retail side and also with proptech companies.”.

Investors 307

Investors Real Estate Retail Clients 307

Housing Wire

SEPTEMBER 11, 2023

He most recently served as the president of troubled, largely defunct retail lender Celebrity Home Loans. During this 90-day period, the client can work with a real estate agent to list their prior home. In the acquisition, Flyhomes will be acquiring the Home Sale Assured brand and Meadow will join Flyhomes as VP of partnerships.

Contracts 351

Contracts Real Estate Agent Tenants Retail 351

Housing Wire

OCTOBER 31, 2022

Her role will focus on technology to drive the company’s growth. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added.

Loan Officers 355

Loan Officers Mortgage Technology Tools 355

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. It operates more than 650 branches nationwide and employs some 4,000 people.

Modernization 330

Modernization Mortgage Lending Investors 330

Housing Wire

JULY 31, 2023

The company appointed Varun Krishna, a veteran in the financial technology world who held executive positions at Intuit and PayPal , as its new CEO. Rocket Companies announced major leadership changes on Monday.

Technology 359

Technology Clients Mortgage Marketing 359

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels. In 2012, Dmitry Godin was seemingly on top of the world. 375% below the market.”

Mortgage 352

Mortgage Loan Officers Retail Training 352

Housing Wire

JUNE 30, 2021

Now, the focus is on the hot purchase market, and brokers are looking for solutions outside the conventional conforming product box to assist their client base. FAM TPO’s process helps brokers exceed client expectations and get to the closing table with minimal friction.

Finance 283

Finance Lending Clients Technology 283

Housing Wire

DECEMBER 6, 2021

Chazz Huston Strategic Alliances Manager, Black Knight Secondary Marketing Technologies. Thanks to the fact that most auto retailers list their product and pricing online, this process was easy for me to complete on my own time. Technology Ushers New Possibilities for Product and Pricing.

Technology 323

Technology Lending Modernization Clients 323

Housing Wire

AUGUST 19, 2021

Blend’s white-label technology is what powers mortgage applications on the websites of traditional banks such as Wells Fargo and U.S. The startup claims it helped 291 clients process roughly $1.4 New clients include lender and servicer Mr. Cooper , retail lender KeyBank , credit card company Bilt Technologies and credit union BECU.

Insurance 358

Insurance Retail Clients Technology 358

Housing Wire

JULY 31, 2023

And now, thanks to our acquisitions from Signature, we also can offer cash and treasury management services that focus on mortgage clients and businesses.” On the origination side, Flagstar originates in all six delivery channels — broker, delegated correspondent, non-delegated correspondent, bulk, distributed retail and direct-to-consumer.

Mortgage 331

Mortgage Clients Business Investing 331

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. However, it was deemed as too challenging technologically so it languished. Both are excellent uses of the technology to save time. Building trust with prospects or clients takes time.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

JULY 16, 2021

The Mobile “Must-Haves” Reshaping Mortgage Technology. This white paper looks at the mobile technology must-haves helping lenders streamline consumer experiences, improve workflow efficiencies, enhance partner collaboration and ultimately execute successful digital mortgage strategies.

Mortgage 394

Mortgage Lending Brokerage Agents 394

McKissock

APRIL 14, 2021

How many of your real estate clients have used you before in a home sale? Unfortunately, that number is much higher than clients who actually did use the same agent again. This incredible gap is ultimately caused by lack of follow-up, not staying in touch, and poor client tracking on the part of real estate agents.

Real Estate 86

Real Estate Clients Business Real Estate Agent 86

Housing Wire

FEBRUARY 15, 2023

Texas-based mortgage lender Click n’ Close announced on Tuesday that its primary technology partner, Alabama-based mortgage banker Barr Group Mortgage, has completed the first eNote transaction using the Click n’ Close non-delegated correspondent eNote program.

Mortgage 249

Mortgage Retail Insurance Technology 249

Housing Wire

DECEMBER 21, 2021

They expect shops with a consumer direct model, which tend to be refi-heavy and rely on call centers for intake, will be more likely than retail shops to cut employees in the months to come. Retail people don’t get laid off as much because they own their book of business.

Loan Officers 437

Loan Officers Retail Business Mortgage 437

Housing Wire

JUNE 30, 2021

“We have a proven legacy of supporting brokers with unparalleled service throughout the entire process by strengthening the human approach, while also integrating technology. The company offers the latest technology because they know it’s no longer a luxury, but a necessity for brokers to have these resources.

Technology 205

Technology Modernization Retail Clients 205

Housing Wire

NOVEMBER 23, 2021

The figure is believed to be a record for a retail loan originator. Banosian, who has been with Guaranteed Rate for over 14 years and is licensed in 50 states, said in a statement that his success this year has been aided by Guaranteed Rate’s technology platform, which has helped him close loans quickly. “By

Loan Officers 290

Loan Officers Brokerage Retail Clients 290

Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As And even those offerings generally do not convert into actual savings for clients.”

Loan Officers 453

Loan Officers Mortgage Business Retail 453