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 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns. Six months ago Interfirst Mortgage Co.

Human Resources 378

Human Resources Loan Officers Retail Training 378

Housing Wire

JUNE 5, 2023

Mortgage brokers emerged as key players in the industry in the 1980s because they offered access to multiple lenders and loan products. Up until the financial crisis in 2008, mortgage brokers held nearly 50% market share. Now, they are sitting at 22% and climbing, because they offer the most loan options to borrowers.

Mortgage 366

Mortgage Retail Lending Loan Officers 366

Housing Wire

JUNE 30, 2022

Intuitive technologies developed and built by experts in both mortgages and technology can drive efficiency, reliability and profitability when paired with exceptional customer service. We keep our ears to the ground and are always ready to pivot, find a solution and develop technologies our clients need to have a competitive edge.”.

Mortgage 331

Mortgage Real Estate Agent Clients Tools 331

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. In fact, a veritable upheaval is headed for the housing market already. For real estate professionals, this option presents an opportunity to capture more sales.

Finance 453

Finance Real Estate Agent Real Estate Insurance 453

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 367

Loan Officers Retail Real Estate Agent Real Estate 367

Housing Wire

DECEMBER 16, 2021

The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels.

Mortgage 365

Mortgage Loan Officers Retail Training 365

Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

Tools 306

Tools Training Technology Clients 306

Housing Wire

FEBRUARY 8, 2022

Newport Beach, California-based Excelerate Capital , a long-time non-QM lender with a growing market presence, finalized its acquisition of Castle Mortgage Corp. With the Castle acquisition and tech integration now completed, our intent is to lend nation nationwide in the non-QM market.

Marketing 364

Marketing Retail Lending Mortgage 364

Housing Wire

MARCH 15, 2023

The tool has been trained on millions of pages of writing dating from 2021 and earlier across the internet. It’s not magic, but it can save users effort and time — and in the ever-changing mortgage market, your time is more valuable than ever. ChatGPT was launched in November 2022 by OpenAI. What can ChatGPT do for you?

Tools 356

Tools Training Business Development 356

Housing Wire

NOVEMBER 2, 2023

HousingWire recently spoke with Mack Walker, SVP of capital markets at Deephaven Mortgage , about how the year went for the non-QM sector and what’s in store for the industry in 2024. Due to a tightened credit market and other factors, non-QM has been more in demand and the interest among lenders is growing.

Investors 425

Investors Real Estate Lending Loan Officers 425

Housing Wire

MARCH 28, 2024

Lenders in a purchase money market, like the one we’re in now, are running a long-distance race. It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. A race is a useful analog for the mortgage business, especially as it relates to the refinance business.

Mortgage 449

Mortgage Technology Tools Business 449

Housing Wire

OCTOBER 22, 2020

Frankly, what will be left in the refi market will likely be harder credit quality transactions that a hungry mortgage origination industry will turn to as volumes drop. Here are some expectations and recommendations: First , the refi/purchase mix should be carefully evaluated down to the loan officer level. Conclusions ?

Mortgage 427

Mortgage Training Contracts Loan Officers 427

Housing Wire

DECEMBER 1, 2020

Paul Akinmade joined CMG Financial in 2016 to lead the expansion of the company’s marketing department ahead of a major staffing initiative. Within four years, Akinmade and his team have built a robust, automated marketing platform, which is driven by investment in technology, to give retail loan officers a competitive edge.

Loan Officers 213

Loan Officers Retail Training Design 213

Housing Wire

NOVEMBER 10, 2022

As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed 7%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve.

Mortgage 369

Mortgage Loan Officers Lending Business 369

Housing Wire

JUNE 6, 2022

As of May 27, Iowa Workforce Development lists 49 layoffs at the Wells Fargo campuses in Des Moines and 34 employee reductions in West Des Moine. Layoffs included 17 associate loan servicing representatives and eight loan servicing representatives as well as senior operations processors and senior loan servicing representatives.

Mortgage 421

Mortgage Loan Officers Lending Human Resources 421

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. real estate markets. The issue is that must be done [quickly], especially in a competitive market,” he explains. “The

Business 360

Business Real Estate Agent Real Estate Loan Officers 360

Housing Wire

AUGUST 25, 2022

Like its peers, the wholesale lender’s origination volume has plunged over the past year due to a dearth of refinancings and a sluggish purchase market. But the reality is Homepoint – like some of its peers – is going to lose market share as it attempts to right the ship. Homepoint is in a tough spot. Homepoint is hardly alone.

Mortgage 397

Mortgage Loan Officers Finance Investors 397

Housing Wire

JUNE 17, 2022

It’s a tough time to be a loan officer. Amid all the chaos, loan officers may be pressed to get creative when it comes to generating new business. Amid all the chaos, loan officers may be pressed to get creative when it comes to generating new business. There are thousands of loan officers out there.

Loan Officers 364

Loan Officers Business Clients Training 364

Housing Wire

AUGUST 31, 2020

And hiring in a wave of high volumes can mean layoffs when the market is less robust. Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. That is where supervised automation comes in.”. State of Mortgage Automation.

Lending 410

Lending Technology Tools Training 410

Housing Wire

SEPTEMBER 29, 2020

In light of rampant uncertainty and economic hardship, homeowners are leaping at the opportunity to save thousands in annual payments , and the refi market is booming. You’ve probably staffed up on loan officers equipped to handle this influx, and you may be shunning riskier, less immediately gratifying business.

Lending 426

Lending Loan Officers Business Investors 426

Housing Wire

JUNE 30, 2021

Despite uncertain economic times, the housing market experienced a surge during the pandemic. And while it’s been over a year since the start of COVID-19, the real estate market hasn’t slowed down. And due to today’s tight market, appraisers are under a great deal of scrutiny to ensure they’re in compliance. Appraisal shortage.

Clients 384

Clients Valuation Real Estate Appraisal 384

Housing Wire

APRIL 10, 2024

Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage and real estate. She is always strategizing for the future to stay one step ahead of current market trends.

Marketing 370

Marketing Loan Officers Real Estate Training 370

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.

Lending 364

Lending Law Legal Training 364

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? However, today more than ever before, this ambitious goal is within reach thanks to the marketing power of the internet via social media. Sounds too good to be true, doesn’t it?

Loan Officers 370

Loan Officers Training Development Technology 370

Housing Wire

APRIL 16, 2024

In a down market disrupted by the commission lawsuits, agents and LOs are considering working in a dual capacity. As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground.

Real Estate Agent 450

Real Estate Agent Loan Officers Real Estate Agents 450

Genworth MI Blog

JULY 13, 2023

The current housing market has been met with low housing inventory, yet demand is still relatively high. But with obstacles in the way for many, lenders need to stay updated on market trends and understand how every part of the homebuying journey might be impacted. That’s where you, the lenders, can step in and help.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Housing Wire

MAY 9, 2024

In the homeownership journey, the consumer has a lot of conversations: they talk to a loan officer, they talk to a client experience specialist, they may talk to someone in the servicing experience. We’re just gonna keep feeding more data to the tool and training it and apply it in more and more places in the market.

Clients 335

Clients Technology Tools Loan Officers 335

Housing Wire

JANUARY 27, 2023

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. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 392

Lending Real Estate Agent Loan Officers Retail 392

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. But any market that pushes some businesses to the brink of insolvency also will create opportunities for others. The last two years have been good to Christian Dicker. The culling.

Housing Market 436

Housing Market Marketing Brokerage Real Estate 436

Sammco Real Estate Appraisal Group

SEPTEMBER 15, 2015

You might be a home owner, a mortgage loan officer or even an appraisal management company. Most people, including appraisers, use the same templates and website developers to build their websites. This training is expensive and some appraisers skip this education to save money if they are not doing mortgage work.

Appraisal 60

Appraisal Appraisal Process Loan Officers Inspection 60

Housing Wire

AUGUST 23, 2021

However, this was a costly challenge considering that the ebb and flow of the market generally dictated how much an agent could invest in ramping up (or down). That’s true even if those complex, multi-outcome tasks didn’t really require highly trained professionals. The loan officer might send something via encrypted email.

Loan Officers 384

Loan Officers Agents Realtors Clients 384

PennyMac

JULY 20, 2021

Many of them have had great training and even specialized experience working for seasoned Realtors®. If you’re selling a property, you’ll also want to make sure your agent is in-the-know on the latest and most effective marketing tactics in the industry. What marketing tools will you use to help me? How many are sellers?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

AmeriMac

MARCH 15, 2024

The concept of AMCs was developed in the 1970s but didn’t gain widespread use until after the financial crisis in 2007-2008. The crisis exposed significant flaws in the appraisal process, leading to the development of regulatory measures to ensure more accurate and unbiased appraisals.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

APRIL 13, 2022

Action must be taken to provide adequate credit access to homebuyers and encourage the housing market to expand opportunities for American households. Housing costs, particularly at the bottom of the market, have skyrocketed with a limited supply of housing and a severe shortage of construction workers. in 2001 to 44.8%

Insurance 383

Insurance Construction Government Lending 383

Clear Capital

SEPTEMBER 29, 2021

” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. You know, things to really support the listing process, marketing of the listing process, bringing that world together with the fintech world, and helping financial services make better decisions. Watch ClearCast E19.

Sellers 69

Sellers Agents Real Estate Buyers 69