Housing Wire

SEPTEMBER 29, 2020

You’ve probably staffed up on loan officers equipped to handle this influx, and you may be shunning riskier, less immediately gratifying business. You’ve brought on processors, underwriters and loan officers to accommodate the rise in refi volume, and perhaps that includes some wild incentive plans based on how much they can handle.

Lending 400

Lending Loan Officers Business Investors 400

Housing Wire

JANUARY 11, 2022

Redfin announced Tuesday layoffs of 121 employees as it shakes up its mortgage department, including purchasing a lending company. The real estate company entered into an agreement to acquire mortgage lender Bay Equity Home Loans for $135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing.

Loan Officers 457

Loan Officers Lending Real Estate Brokerage 457

Housing Wire

NOVEMBER 2, 2023

Non-QM borrowers such as those who are self-employed and real estate investors are generally less rate sensitive. In fact, a growing focus is the real estate investor population. We also continue to keep our eye on any disruption in the warehouse lending space and see as an area of potential focus headed into 2024.

Investors 382

Investors Real Estate Lending Loan Officers 382

Housing Wire

JANUARY 27, 2021

Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process. Many loan officers who may not have in the past sought to engage with customers digitally.

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Lending Technology Loan Officers Investors 331

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. There’s a lot of different reasons why someone falls outside the agency loans.

Loan Officers 445

Loan Officers Lending Mortgage Housing Market 445

Housing Wire

MARCH 25, 2021

Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. mortgage market.

Mortgage 378

Mortgage Lending Technology Loan Officers 378

Simonson Real Estate

AUGUST 24, 2020

Since then, market uncertainty has caused commercial investors to increasingly worry whether their commercial appraisal analyses are accurate. . It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. We had a great discussion!

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Lending Construction Tenants Real Estate 148

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth. Terms of the deal, which was announced on Tuesday, were not disclosed.

Retail 360

Retail Loan Officers Brokerage Technology 360

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 382

Housing Market Marketing Contracts Finance 382

Housing Wire

AUGUST 1, 2023

Coming off multiple quarters of financial losses , Rocket has accelerated those efforts in 2023, embarking on a remote local loan officer hiring spree designed to capture purchase market business from real estate agent connections, sources told HousingWire.

Loan Officers 351

Loan Officers Retail Real Estate Agent Real Estate 351

Housing Wire

FEBRUARY 7, 2023

In a paper published by the Urban Institute in October, Ted Tozer, the former head of Ginnie Mae , argued that government changes to assumable loans could benefit the market. of the balance of a loan being assumed would be fair to both the borrower and the servicer.” Tozer suggested “a fee of 1.3%

Mortgage 366

Mortgage Loan Officers Government Buyers 366

Housing Wire

NOVEMBER 23, 2021

will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.

Mortgage 359

Mortgage Loan Officers Retail Technology 359

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. 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. The closer, the better.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

MARCH 28, 2024

It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. Improvements in the way developers bring products to market have resulted in a flood of new tools and many lenders have invested. It’s the sprint that can really set lenders apart.

Mortgage 410

Mortgage Technology Tools Business 410

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. We recently spoke to Bao Huynh, Director of Business Development at LoanScorecard, about these changes and the challenges of originating non-QM loans. And investor guidelines are continually evolving.

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Marketing Investors Technology Loan Officers 323

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Just a little less vanilla. . ” Just a little less vanilla. and Sprout Mortgage.

Mortgage 388

Mortgage Loan Officers Finance Investors 388

Housing Wire

AUGUST 12, 2020

This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

Investing 490

Investing Loan Officers Technology Development 490

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). With efficiency metrics and client outcomes like these it’s no surprise that the company continued to attract capital and investor interest.

Real Estate 323

Real Estate Brokerage Real Estate Agent Technology 323

Housing Wire

FEBRUARY 8, 2022

in early 2021 as part of a larger plan to expand its origination reach beyond California — with the goal of creating a national lending footprint. . With the Castle acquisition and tech integration now completed, our intent is to lend nation nationwide in the non-QM market. It was kind of a no brainer, just low-hanging fruit.

Marketing 340

Marketing Retail Lending Mortgage 340

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. I thought it was sparse.

Lending 366

Lending Real Estate Agent Loan Officers Retail 366

Housing Wire

SEPTEMBER 5, 2023

SW: Affordable housing initiatives are on the radar of more lenders this year, but your typical loan officer may not have a lot of experience there. How are lenders helping borrowers take advantage of loan product innovation and affordable housing initiatives? SW: AI has really stepped into the spotlight this year.

Technology 339

Technology Mortgage Tools Insurance 339

Housing Wire

MARCH 30, 2022

One example of this is Lev , a company that facilitates commercial real estate lending, starting with small- and medium-sized transactions. We’re identifying and investing in new mortgage technology companies and capitalizing on the recent interest of entrepreneurs and venture investors in commercial real estate.

Mortgage 333

Mortgage Real Estate Investing Technology 333

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

Loan Officers 363

Loan Officers Training Development Technology 363

Listing Spark

FEBRUARY 16, 2023

Episode Summary Julie Daniels subs in for host Aaron Jistel and Rachael Holladay, VP of Lending at Stallion Funding. About Rachael Holladay Rachael Holladay is the VP of Lending at Stallion Funding, a real estate and hard money lending firm. She has been with the company for 12 years and enjoys helping her clients be successful.

Real Estate 36

Real Estate Investing Investors Lending 36

Housing Wire

MAY 1, 2023

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

SEPTEMBER 14, 2023

Real estate investment trust Redwood was founded in the early 1990s as the need for more private investors in the mortgage market grew. “We would partner with banks to buy their loans and securitize them so the banks could recycle their capital.” There will be changes. There will be some evolution to the rule itself.

Investors 318

Investors Investing Mortgage Real Estate 318

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Lending technology out of focus. In other cases, the loan officers didn’t trust the technology.

Technology 445

Technology Mortgage Investing Investors 445

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. Customer demand for jumbo loans remains strong, she said, driven by property appreciation, material and labor inflation low inventory in new developments and limited resale listings. Nonbank jumbo is as competitive as it has ever been,” Amor said.

Marketing 311

Marketing Retail Mortgage Investors 311

Assurance Financial

JUNE 15, 2023

Its purpose is to provide liquidity and stability to the housing market by buying mortgages from home loan lenders and securitizing them into mortgage-backed securities (MBS) that are sold to investors. housing market, and their actions have had a significant impact on the availability and cost of home loans for American borrowers.

Government 36

Government Housing Market Mortgage Investors 36

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Even if mortgage rates are hovering in the 6% range, homes are still going to sell, loan officers said. The last two years have been good to Christian Dicker.

Housing Market 409

Housing Market Marketing Brokerage Real Estate 409

Housing Wire

DECEMBER 21, 2023

KA: Coming into 2023, a lot of people were just thinking about survival and there was a lot of movement going on with investors. Part of that was also having to completely reconsider how we looked at investors and how we look at sources of liquidity. SW: How are you developing products for the next wave of homebuyers?

Technology 326

Technology Investors Development Loan Officers 326

PennyMac

SEPTEMBER 9, 2020

FHA loans typically have more flexible lending guidelines than other investors. FHA typically offers down payments as low as 3.5%, however, FHA requires mortgage insurance regardless of your loan to value. USDA Rural Development Loans. Fannie Mae’s HomeReady® Mortgage.

Insurance 36

Insurance Buyers Mortgage Human Resources 36

PennyMac

OCTOBER 13, 2021

By encouraging individual agents to develop their professional Instagram presence or even to create a company-specific profile, you can expose local Instagram users, who may be interested in a home or apartment, to your offerings through organic posts, stories, or paid ads. Hear about your options with a PennyMac Loan Officer today.

Real Estate 41

Real Estate Marketing Real Estate Agent Agents 41

Lamacchia Realty

MARCH 4, 2024

Whether you are a first-time homebuyer or a seasoned investor, choosing the right mortgage broker can significantly impact your overall home-buying experience. Wide Variety of Lending Options One of the most significant advantages of working with a mortgage broker is access to a wide variety of lending options.

Mortgage 66

Mortgage Legal Realty Buyers 66

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. And in a March interview with former president Bill Clinton, Department of Housing and Urban Development Sec.

Lending 353

Lending Government Law Mortgage 353

Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. Mortgage lending is very, very cyclical.

Appraisal 52

Appraisal Architecture Business Contracts 52

Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. Competition favors institutional investors and households with higher incomes and stellar credit. Incentivizing developers is necessary. of GDP in 2020.

Insurance 371

Insurance Construction Government Lending 371