Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. The startup says it has also partnered with top local real estate agents who know their way around the markets they serve.

Lending 434

Lending Real Estate Real Estate Agent Modernization 434

Housing Wire

AUGUST 17, 2022

A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer at Simple Nexus.

Lending 350

Lending Real Estate Agent Real Estate Technology 350

Housing Wire

APRIL 26, 2024

FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” the update said. These credits can lead to fair lending violations. Still, I’ll take what we got.”

Real Estate Agent 411

Real Estate Agent Development Real Estate Law 411

Housing Wire

SEPTEMBER 30, 2020

Meanwhile, borrower’s real estate agents, brokers and financial advisers may not even have access to those systems, preventing them from supporting their clients through what is typically the largest financial transaction of their lifetime. The use of tech in the current mortgage application process is disjointed and siloed.

Lending 197

Lending Real Estate Agent Loan Officers Architecture 197

Housing Wire

JUNE 10, 2022

Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. for Planet Home Lending, will focus on increasing market share by adding branches and loan originators. Edelen most recently was a regional sales manager at Nations Lending.

Marketing 359

Marketing Real Estate Agent Lending Real Estate 359

Housing Wire

APRIL 30, 2024

Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced their decision late last week to walk back some of these plans. Certner cited fair lending concerns and the potential of undue borrower influence. Tane Cabe Tane Cabe, also of C2 , concurs with Harmes.

Mortgage 314

Mortgage Real Estate Agent Sellers Construction 314

Housing Wire

MARCH 6, 2024

Although inventory levels remained low, listings increased by modest to significant margins around the First District in recent months, lending increased optimism for sales moving forward. But real estate agents indicated existing-home sales changed little because inventory remained low.

Mortgage 346

Mortgage Real Estate Inventory Construction 346

Housing Wire

JULY 19, 2022

The Department of Housing and Urban Development said it is “looking very hard” at how to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal. Freddie Mac and Fannie Mae give [lenders] a little bump on their origination fee to encourage small-dollar lending,” said Loftin.

Mortgage 374

Mortgage Finance Lending Development 374

Housing Wire

MAY 6, 2024

Title agents historically have felt like they played second fiddle to other players in the buying and selling of real estate. Regulators were suddenly curious about what exactly the industry contributed to a real estate transaction. This is how they make that happen.

Real Estate Agent 295

Real Estate Agent Real Estate Project Management Agents 295

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

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 342

Mortgage Retail Lending Loan Officers 342

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Bank Home Mortgage and Planet Home Lending declined to comment.

Buyers 373

Buyers Agents Loan Officers Real Estate 373

Housing Wire

FEBRUARY 1, 2023

The streamlined process and certainty One-Time Close New Construction loans offer is unmatched and will set brokers up to be the hero with builders, real estate agents and contractors, and get their borrowers in their dream home,” Mat Ishbia , president and CEO of UWM, said in a statement.

Construction 393

Construction Real Estate Agent Loan Officers Legal 393

Housing Wire

JULY 1, 2022

With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. On the other hand, they’re often worried it may be difficult to learn how to broker non-QM,” said Shelly Griffin, Senior Vice President of Client Development.

Training 330

Training Mortgage Client Relationships Lending 330

Housing Wire

AUGUST 21, 2023

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years.

Architecture 386

Architecture Real Estate Agent Loan Officers Real Estate 386

Housing Wire

MAY 5, 2021

All told, the Detroit lending powerhouse originated $103.6 One other interesting development is the growth in its Rocket Pro Insight program, which gives real estate agents insight into their clients’ mortgage process. Rocket also reported net income of $2.77 31, 2020.

Mortgage 405

Mortgage Real Estate Agent Real Estate Clients 405

Housing Wire

FEBRUARY 1, 2024

Yet as surrounding neighborhoods appreciated in value with increased amenities and services, rising costs pushed out the mostly Black, longtime residents — excluding them from the benefits of development.” That is anathema to the spirit of fair housing (and lending). Limited services means limited options, access and opportunities.

Real Estate 366

Real Estate Appraisal Insurance Training 366

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings.

Technology 314

Technology Real Estate Agent Loan Officers Lending 314

Housing Wire

AUGUST 28, 2023

In Q2, Better decided to wind down its in-house real estate agent business to focus on partnering with third-party real estate agents. As a result, we have pulled back on our most unprofitable channels, resulting in further declines to market share,” according to its filing.

Real Estate Agent 311

Real Estate Agent Real Estate Agents Business 311

Housing Wire

APRIL 23, 2024

New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran Ken Krajewski to serve as managing director and head of reverse mortgage lending. However, I really do look at this as a financial planning tool.”

Mortgage 299

Mortgage Loan Officers Investors Business 299

Housing Wire

NOVEMBER 22, 2023

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” in question.

HOA 395

HOA Real Estate Agent Technology Real Estate 395

Housing Wire

MARCH 28, 2024

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 408

HOA Property Management Real Estate Agent Technology 408

Housing Wire

AUGUST 12, 2021

In its quarterly earnings call on Thursday, CEO Jay Farner and CFO Julie Booth described a sophisticated company that has developed a product solution for every piece of the home-buying and home-selling ecosystem. Mortgage, title, appraisal, servicing, iBuying, real estate brokerage , green energy — the gamut.

Mortgage 402

Mortgage Real Estate Agent Real Estate Agents 402

Miller Samuel

DECEMBER 4, 2019

Lisa mentioned the topic of "inventory loans" that developers are relying heavily on to limp to the next upcycle with lots of unsold inventory. Hedge funds have dived headfirst into this space, even developers who are in good financial state are lending money on unsold condo inventory. Best of all, I sat in a comfy chair.

Real Estate Agent 195

Real Estate Agent Inventory Development Agents 195

Housing Wire

DECEMBER 10, 2020

Find out more about technology and solutions specifically geared to empower the community lender to offer personalized service to borrowers and to the real estate agent partners from loan application to closing. The tech solution giving community lenders an advantage.

Technology 314

Technology Real Estate Agent Development Lending 314

Housing Wire

FEBRUARY 16, 2021

The funding will go toward product development and business development with real estate agents to reduce their time-to-close to 10 days, significantly higher than the industry average. The funding consists of $7.5 million in equity financing and $17.5 million in venture debt, UpEquity said in a statement.

Real Estate Agent 251

Real Estate Agent Real Estate Sellers Buyers 251

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ This isn’t a new story in mortgage lending or real estate brokerage. Mortgage lending has its problems. In 2016 LLR led a $26.5 Jobs are important.

Real Estate 316

Real Estate Brokerage Real Estate Agent Technology 316

Housing Wire

JUNE 30, 2021

The no-cost solution allows brokers to submit applications, price out loans, eSign documents and helps make the experience smoother for borrowers and real estate agents. The company also offers both onsite and virtual Success Track training for loan officers, processors and broker owners. Mat Ishbia, President and CEO.

Tools 302

Tools Training Technology Clients 302

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. And Rocket is well aware.

Loan Officers 347

Loan Officers Retail Real Estate Agent Real Estate 347

Housing Wire

NOVEMBER 30, 2023

Brimming with coursework that is up to date with current trends, expect to receive insight on issues facing Ohio real estate agents today. From agency relationships to local government regulations and more, every topic is inspired by the property types and types of transactions you’ll encounter as an Ohio real estate agent.

Real Estate 367

Real Estate Real Estate Agent Law Inspection 367

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 351

Retail Loan Officers Brokerage Technology 351

Housing Wire

NOVEMBER 14, 2023

A more connected housing ecosystem of lenders, servicers, real estate agents , housing counselors and other professionals working together can provide continuous education and proactive intervention to help overcome these challenges. Early and ongoing education helps homeowners prepare for the unexpected. While the U.S.

Mortgage 337

Mortgage Real Estate Agent Tools Real Estate 337

Housing Wire

FEBRUARY 16, 2022

The following are some helpful suggestions for vetting a private money lender: Request a list of references for other real estate investors who have recently completed transactions with the lender. If your state requires a lending license, make sure a the lender is licensed. Escrow officers and title agents.

Real Estate 382

Real Estate Investing Investors Renovations 382

Housing Wire

JANUARY 24, 2023

. “Sometimes 10-20 basis points is all an LO needs to win over a real estate agent or get creative on a borrower’s loan,” the lender said in a statement. LO compensation Regulation Z under the Truth in Lending Act protects Americans when they use consumer credit.

Lending 335

Lending Law Legal Training 335

Housing Wire

SEPTEMBER 28, 2021

Largely driven by record-low mortgage rates, lending volume surpassed everyone’s expectations in the past year. In the wake of this unparalleled volume, companies across the housing industry have been working to increase the efficiencies of the entire lending process – including getting closings correct the first time around.

Lending 348

Lending Real Estate Agent Business Agents 348

Housing Wire

FEBRUARY 11, 2022

LOs interviewed by HousingWire say that they have actively ramped up their attempts to connect with prospective borrowers and real estate agents. However, Davis’ relationship with the agent turned sour and she has not yet been able to develop relationships with other agents. TikTok, Facebook and LinkedIn.

Marketing 381

Marketing Real Estate Agent Loan Officers Advertising 381