Housing Wire

JUNE 5, 2023

As the top mortgage lender, we are always building, growing and improving broker tools on a daily basis. More people are realizing that not only is the wholesale channel the best place for a consumer to get a loan, but it’s also the best place for a loan officer to work and the best lending partner for a real estate agent.

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

JANUARY 17, 2024

The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). The goal is to educate loan officers who are already Longbridge partners, as well as loan officers unfamiliar with reverse mortgages, on how big of an opportunity reverse purchase financing presents, especially in the current market.

Finance 458

Finance Real Estate Agent Real Estate Insurance 458

Housing Wire

OCTOBER 22, 2020

Here are some expectations and recommendations: First , the refi/purchase mix should be carefully evaluated down to the loan officer level. The analysis may expose training needs for respective production teams. And finally, there are great tools available that can augment a sales team’s abilities.

Mortgage 478

Mortgage Training Contracts Loan Officers 478

Housing Wire

JUNE 10, 2022

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. For wemlo, his primary focus is to enhance the existing loan processing platform to improve user experience.

Marketing 410

Marketing Real Estate Agent Lending Real Estate 410

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

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. However, Davis’ relationship with the agent turned sour and she has not yet been able to develop relationships with other agents.

Marketing 397

Marketing Real Estate Agent Loan Officers Advertising 397

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 432

Lending Loan Officers Business Investors 432

Housing Wire

MAY 9, 2024

Varun Krishna, Rocket Companies CEO, sat down with HousingWire CEO Clayton Collins at The Gathering event several weeks ago to talk about the company’s AI strategy and their new AI tool, Synopsis. We’re able to close loans two and a half times faster than the industry. This interview has been edited for length and clarity.

Clients 380

Clients Technology Tools Loan Officers 380

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 370

Loan Officers Training Development Technology 370

Housing Wire

FEBRUARY 10, 2022

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. “They’re doing the same exact training every single year, ” he said. LOs often lose focus during CE classes, he told HousingWire.

Loan Officers 384

Loan Officers Law Training Lending 384

Housing Wire

AUGUST 23, 2021

That’s true even if those complex, multi-outcome tasks didn’t really require highly trained professionals. Here are a few examples of typical title agency processes generally addressed by staff today, but which soon could be managed efficiently and cost-effectively by AI tools. Things like: “How long until the closing?

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®. Understanding unique issues like the schools, historic district designations, development plans, and even traffic patterns is essential. What marketing tools will you use to help me? Don’t have an agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. There’s 500,000 loan officers.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

NOVEMBER 5, 2020

It reminds me of the early 2000s, when the focus was growth and anyone who had a heartbeat could become a broker, whether they had proper training or not. There is a lack of financial literacy in schools and in many communities, and we want to help provide the tools people need to understand home buying and what that process looks like.

Mortgage 458

Mortgage Loan Officers Tools Training 458