Contracts Loan Officers Retail Tools 
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.
Housing Wire
APRIL 1, 2024
I think loan officers are getting used to the rate environment as it is now, versus hanging on to the idea that they’re going to get better and things will pick up.” Parks has overseen other changes in the division, including growth of its third-party associate channel that works alongside Longbridge’s loan officer corps.
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Housing Wire
FEBRUARY 16, 2022
SM: I joined this industry as a Retail Mortgage Loan Officer growing to a Broker Owner in my local community and try to apply a simple concept we share with customers and prospects which is the idea of digital lending made simple. HW: What are some of the core building blocks for digital lending? Find more information here.
Housing Wire
DECEMBER 20, 2022
I have about five loan officers helping me, and I have more than 30 processors and assistants helping me. CK: Has there been layoffs at Loan Factory as well? Nguyen: I would say more than 100 layoffs at Loan Factory, and many of them also left voluntarily. Most of the signing bonus came from retail lenders.
Housing Wire
AUGUST 16, 2023
The speed of the rate hikes has shrunk gain-on-sale margins because mortgage companies haven’t contracted quickly enough to offset falling demand. How much of that servicing business can result in new loans in a couple years when rates drop? But we feel pretty good about how many LOs converted from retail to wholesale.
Appraisal Today
SEPTEMBER 15, 2023
May a representative of the lender provide an appraisal management company a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer? This typically happens when an appraiser turns in an appraisal with an appraised value opinion lower than the sale contract price.
Appraisal Today
AUGUST 13, 2023
ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? Anyway, I don’t mind going back in time and out further, but my preference in an appraisal report is to use older comps from the immediate neighborhood and adjust for how the market has changed since those properties got into contract. percent from 6.93 percent from 6.89
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