Housing Wire

AUGUST 31, 2020

The third type of automation included in Indecomm’s continuum is supervised automation, which involves human oversight for the ongoing training of machine learning algorithms and engines and exception processing to handle fall-outs from any automation effort. That is where supervised automation comes in.”. State of Mortgage Automation.

Lending 410

Lending Technology Tools Training 410

Appraisal Buzz

APRIL 2, 2024

Prior to joining Xactus, he served as senior vice president, business development at The Mortgage Collaborative (TMC), where he was responsible for managing the team that supported TMC’s 70+ preferred partner relationships. Prior to that, he served in business development, operations, and training roles with several lenders.

Modernization 195

Modernization Training Development Business 195

Housing Wire

SEPTEMBER 29, 2020

Right now, while things are good, invest in cross-training your staff. But brand recognition doesn’t develop overnight. Be proactive now about balancing your lending diet, equipping your staff to handle a range of responsibilities and solidifying your brand’s presence in the marketplace. Tip #3: Start marketing now.

Lending 416

Lending Loan Officers Business Investors 416

Housing Wire

MAY 26, 2023

million penalty due to lapses in its cybersecurity controls by “failing to effectively manage third-party service provider risk, manage access privileges, and maintain a formal application security development methodology.”

Development 343

Development Training Lending Finance 343

Housing Wire

JULY 18, 2023

As our financial system evolves, it is critical that we adapt our application of the Fair Housing Act and ECOA to deal with technological change and other developments,” Barr said in his speech. However, there is also the potential for these technologies to exacerbate existing issues related to lending equality, Barr explained.

Technology 344

Technology Lending Advertising Training 344

Housing Wire

JANUARY 18, 2023

While launching an in-house mortgage lending operation has been a complex undertaking for many businesses, Lower says its new platform will allow partner companies to offer customers a full menu of home financing options and expand their lending footprint to more than 93% of the U.S. population. Lower originated $4.19

Mortgage 359

Mortgage Lending Finance Retail 359

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 357

Mortgage Retail Lending Loan Officers 357

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. What are some specific types of non-lending assignments that might be worth adding to your workload this year? Read the full survey results below.

Lending 99

Lending Appraisal Property Taxes Training 99

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 390

Real Estate Appraisal Insurance Training 390

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? This podcast not only includes episodes geared specifically toward mortgage professionals, but also features content on personal finance, career advice, sales training, business mentorship and more. Mortgage Lending Mastery.

Loan Officers 410

Loan Officers Mortgage Lending Modernization 410

Housing Wire

JUNE 2, 2022

The agreement resolves a complaint the NCRC filed in October 2021 with the Department of Housing and Urban Development. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019. Movement mortgage employees will complete additional fair lending training as part of the agreement with HUD.

Mortgage 381

Mortgage Training Loan Officers Lending 381

Housing Wire

MARCH 23, 2023

Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and White House Domestic Policy Advisor Ambassador Susan Rice, the PAVE task force revealed its action plan one year ago and claims that its efforts have amounted to “critical progress” in its efforts to make the homebuying process more equitable for people of color. “In

Appraisal 359

Appraisal Reconsideration of Value Valuation Training 359

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.

Appraisal 397

Appraisal Design Lending Development 397

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. Erickson will be in charge of product management, the procurement and advancement of technology solutions and will oversee the training department and support teams for Motto Mortgage and wemlo.

Marketing 384

Marketing Real Estate Agent Lending Real Estate 384

Housing Wire

JUNE 30, 2021

UWM has significantly invested in our technology team and tech stack, offering career-focused training and development which has contributed to growing this function to over 1,100 team members,” Chief Technology Officer Jason Bressler said. Mat Ishbia, President and CEO.

Tools 306

Tools Training Technology Clients 306

Housing Wire

JANUARY 24, 2023

Mortgage compliance attorneys interviewed by HousingWire said the program, dubbed “Control Your Price,” raises potential areas of concern across three subjects: rules that govern loan officers’ compensation; fair lending; and unfair, deceptive and abusive acts and practices. ” According to Selden, the rule is clear.

Lending 352

Lending Law Legal Training 352

Housing Wire

DECEMBER 9, 2020

The settlement also orders Washington Federal to “develop and implement an effective compliance-management system to prevent future violations,” per the CFPB. Washington Federal reported HMDA data for over 7,000 mortgage applications in each of 2016 and 2017, many of which contained data error rates reaching nearly 40%.

Training 366

Training Lending Development Mortgage 366

Housing Wire

SEPTEMBER 2, 2020

Additionally, the company offers specialized training and licensing programs for people looking to enter the mortgage industry. While we continue to grow and expand our team to meet the needs of our customers, we remain committed to developing our team and providing them with the resources they need to succeed,” Bray said.

Training 372

Training Loan Officers Development Mortgage 372

Housing Wire

MAY 2, 2022

Presented by: Acra Lending. Interfirst boasted of its ability to train people with no background in mortgage through a rigorous training course. In October 2021, a $175 million investment from principals at the private holding company StoicLane was used to grow operations and refine and develop new technologies.

Human Resources 366

Human Resources Loan Officers Retail Training 366

Lamacchia Realty

NOVEMBER 30, 2021

We are thrilled to announce our Business Development team has expanded to Florida! Theresa Ercoli, a Florida resident, will be the first business development consultant based out of the Fort Lauderdale office and we cannot wait to see what she accomplishes! Vice President of Business Development. “I training ,?

Development 66

Development Business Realty Realtors 66

Housing Wire

FEBRUARY 18, 2022

I’ve always been mechanically inclined and developed a love for cars at an early age, based on the four drag race cars my father owned. The creation of the PAVE Task Force and the imminent publication of its findings may very well create shockwaves in the entire lending arena. John Brenan: I would be a mechanical engineer.

Training 364

Training Valuation Appraisal Real Estate 364

Housing Wire

NOVEMBER 2, 2023

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. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers. The key to success with non-QM is to choose a non-QM lending partner wisely.

Investors 403

Investors Real Estate Lending Loan Officers 403

Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you.

Technology 354

Technology Appraisal Lending Valuation 354

Housing Wire

JUNE 28, 2022

In addition to the momentum and the economics, digital lending just makes sense. They are willing to drive change across their operations and work with advisors, like Falcon, to develop a roadmap to integrate digitalization into policies, processes, and training.

Mortgage 380

Mortgage Training Business Transportation 380

Housing Wire

OCTOBER 22, 2020

The analysis may expose training needs for respective production teams. Doing this now will help lending teams establish a game plan to increase the skills of any refinance-focused LOs, as well as their managers. But training and trainers must have content. Run a spreadsheet by LO, branch and region.

Mortgage 403

Mortgage Training Contracts Loan Officers 403

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? Underwriters are trained as desktop underwriters (DUs). It’s not subprime lending. Scaling is hard.”.

Lending 359

Lending Investors Mortgage Clients 359

Appraisal Buzz

OCTOBER 18, 2021

My frustration centered on the mundane tasks such as setting up files, data entry and getting the data into the analytical tools used to develop and support adjustments. My solution was to hire and train a few folks that could help me develop and support my workflow and processes. That is unfortunate and disingenuous.

Modernization 370

Modernization Valuation Appraisal Training 370

Housing Wire

MAY 18, 2021

It is no wonder then that, when asked, WFG’s lender clients and their borrowers identified training, collaboration, process efficiency and communication as the four major pain points they want to improve. In 2020, WFG launched an effort to identify and develop solutions for the biggest challenges facing the industry.

Mortgage 205

Mortgage Training Clients Development 205

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. The brokers were in agreement that recruiting talent and maintaining strong partnerships will be key to not only brand development, but a lasting foundation that will continue post-pandemic. “So

Retail 369

Retail Mortgage Loan Officers Marketing 369

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . We have a dedicated training department that can teach originators all about reverse mortgages, our products, and how to make the sale.

Housing Market 360

Housing Market Business Mortgage Marketing 360

Housing Wire

JUNE 6, 2022

Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5 loanDepot: Unknown.

Mortgage 420

Mortgage Loan Officers Lending Human Resources 420

Housing Wire

NOVEMBER 16, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler , CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. Sarah Wheeler: UWM develops all their software in-house. This interview has been edited for length and clarity.

Technology 437

Technology Training Development Mortgage 437

Housing Wire

SEPTEMBER 16, 2021

Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. Kris Kully: It was the six years I spent working as a new lawyer at the Department of Housing and Urban Development. doing really important work around the country.

Finance 332

Finance Legal Development Training 332

Housing Wire

AUGUST 3, 2021

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. PACE programs are also not regulated as heavily as other financial services, including mortgage lending.

Mortgage 412

Mortgage Clients Lending Technology 412

Housing Wire

DECEMBER 14, 2021

In a blog post, Fannie Mae and Freddie Mac ’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA said indicate the “continued presence of valuation bias.”.

Appraisal 432

Appraisal Valuation Finance Training 432

Housing Wire

AUGUST 21, 2020

Before he joined Home Point Financial, Hilzendeger was at Wells Fargo for 30 years, most recently with Wells Fargo Home Lending , where he led as head of Retail Operations, head of Servicing Operations, senior vice president of Default Services, and senior vice president of Real Estate Servicing. office’s Talent Development operations.

Human Resources 267

Human Resources Advertising Retail Training 267

Housing Wire

APRIL 27, 2022

These actions include developing lender and vendor partnerships through the Brokers Are Better Network, team development training, and new advocacy initiatives to help impact the success of the broker channel. Unlike banks, brokers can work with many different lenders to provide a variety of personalized lending options.

Marketing 369

Marketing Tools Development Training 369