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. US Mortgage is a national company. We are actively recruiting throughout the country.

Mortgage 394

Mortgage Loan Officers Investors Business 394

Housing Wire

JUNE 22, 2023

The lender maintained their servicing portfolio, servicing about $1 billion of Fannie Mae , Freddie Mac and Ginne Mae loans. AmeriFirst will keep physical branches in 20 states, but under a new corporate model, no branch managers will make an override on the production of the loan officers they manage.

Loan Officers 370

Loan Officers Mortgage Real Estate Agent Business 370

Housing Wire

APRIL 4, 2022

Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. The purchase price “represents a $72.5 Presented by: 1000watt.

Mortgage 370

Mortgage Real Estate Agent Loan Officers Agents 370

Housing Wire

OCTOBER 6, 2023

Then, we have all the traditional financing options, including jumbo.” ” PRMG offers a comprehensive range of mortgage products, including conventional, FHA, VA, USDA and jumbo loans. ” Amid the challenging landscape, Guerin, from New Jersey-based AFR, said the company doubled its efforts to do more renovation loans.

Mortgage 464

Mortgage Real Estate Agent Renovations Finance 464

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

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Lending Mortgage Technology Business 457

Housing Wire

APRIL 12, 2023

Other challenges selected by mortgage professionals were relationships with real estate agents at 8.4%; competitiveness of rate sheet and underwriting problems at 5.8%; lender stability at 3.9%; competitiveness of product offerings at 1.9%. a loan officer in Washington noted.

Mortgage 387

Mortgage Marketing Loan Officers Real Estate Agent 387

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. RE/MAX and Motto were having trouble hiring experienced processors, so about four years ago they bought wemlo, which has a platform connecting mortgage brokers and loan originators to a processing network.

Marketing 404

Marketing Real Estate Agent Lending Real Estate 404

Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market.

Mortgage 369

Mortgage Real Estate Agent Real Estate Clients 369

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Join a real estate team that can handle administrative work.

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Real Estate Agent Real Estate Agents Realtors 98

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 393

Marketing Real Estate Agent Loan Officers Advertising 393

Housing Wire

JUNE 1, 2023

The Federal Housing Finance Agency (FHFA) officially implemented an updated pricing framework for Loan-Level Price Adjustments (LLPAs) in May to improve homeownership prospects for first-time homebuyers with lower income and weaker credit scores. We spoke to multiple loan officers and Washington, D.C.-based

Loan Officers 370

Loan Officers Insurance Mortgage Real Estate Agent 370

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 519

Mortgage Marketing Retail Lending 519

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Real estate agents and lenders are working together to try to get buyers into houses. In fact, Austin has just about 1.2

Housing Market 532

Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

NOVEMBER 1, 2021

That means you’ve been thinking about real estate agents…a lot. The purchase money mortgage transaction begins with the real estate sales contract and that’s not something our industry controls. It’s the real estate agent who has the consumer’s trust at this point. You can be part of it.

Real Estate Agent 414

Real Estate Agent Real Estate Agents Lending 414

Housing Wire

OCTOBER 14, 2020

On the heels of going public, Rocket Companies’ broker channel, Quicken Loans Mortgage Services (QLMS), made waves throughout the industry when it announced it would be rebranding to Rocket Pro TPO in an effort to closer align itself with the brand that has become ever-present in the lending space.

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Loan Officers Real Estate Agent Technology Clients 302

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. This isn’t good.

Real Estate 381

Real Estate Brokerage Real Estate Agent Technology 381

Housing Wire

APRIL 18, 2023

When rates start to trend down, the company expects to add more loan officers, call center staff and operation staff. Now that the market has turned, do you see any challenges for your purchase call center agents ? Kim: One of NAF’s priorities is on lending to the Hispanic community. We’re growing quite a bit.

Retail 368

Retail Business Agents Loan Officers 368

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Running the table in a real estate transaction is not for the faint of heart, nor for the passive.

Real Estate Agent 389

Real Estate Agent Real Estate Project Management Agents 389

Housing Wire

NOVEMBER 8, 2021

But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients.

Clients 393

Clients Agents Buyers Sellers 393

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Mike, a North Carolina-based loan officer, had two loans closing in mid-January. The contrast between the deals was striking. “I have a loan closing today for first-time homebuyers who didn’t really press me on pricing,” he said.

Loan Officers 423

Loan Officers Mortgage Lending Real Estate Agent 423

Annarbor Appraisal

SEPTEMBER 6, 2020

Challenging the results of the appraisal for mortgage financing. The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. Remember the appraiser’s client is the lender, not the consumer or the real estate agent. Do not be confrontational.

Mortgage Appraisal 78

Mortgage Appraisal Appraisal Mortgage Reconsideration of Value 78

Housing Wire

MARCH 30, 2022

We are now seeing some of the innovative business models we have invested in on the residential side emerge in the commercial real estate arena. One example of this is Lev , a company that facilitates commercial real estate lending, starting with small- and medium-sized transactions.

Mortgage 370

Mortgage Real Estate Investing Technology 370

Eppraisal

APRIL 20, 2021

Have Your Financing in Order If you're in the market to buy a home in the near future, the most important item on your agenda is to have proof that you have enough cash for the purchase or are pre-approved for a mortgage. Your loan officer may even put your file through an initial underwriting.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

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Real Estate Agents Real Estate Agent Clients 403

Housing Wire

APRIL 23, 2024

Most real estate agents are freelance employees, but some mortgage loan officers, account executives and marketing personnel are bound by such agreements. In the housing space, non-competes are more likely to affect executives than rank-and-file employees.

Real Estate Agent 433

Real Estate Agent Loan Officers Lending Real Estate 433

Housing Wire

JULY 25, 2023

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? During the Peak Performers sessions, Weaver will share his 10 points to high-level loan originations. HousingWire: What do lending executives need to understand when it comes to supporting top producers? 1 LO in the U.S.

Real Estate Agent 342

Real Estate Agent Mortgage Real Estate Training 342

PennyMac

JUNE 28, 2022

Many people consider financing an additional property for a variety of reasons: it’s exciting and potentially lucrative if acquired correctly. Financing & Mortgaging. Certain types of loans are better than others for buying a second home. Jumbo loans are a type of non-conforming loan especially suited for higher-priced homes.

Tenants 36

Tenants Landlords Finance Insurance 36

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). The mortgage loan officer handling the loan? Was it the borrower? A Zillow Zestimate? Maybe the underwriter at the lender?

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Housing Wire

AUGUST 16, 2023

Meanwhile, executives at UWM’s biggest rival, Rocket Mortgage, told analysts that its local loan officer recruiting initiative doesn’t represent a mortgage strategy change. The size of the lending opportunity in the upcoming years is hard to figure at the moment.

Retail 370

Retail Real Estate Agent Business Mortgage 370

Housing Wire

JULY 18, 2022

Purchase-focused lenders that didn’t balloon in size to capture refinancing business during the boom, in particular, are looking to hire loan officers. UW Mortgage is hiring a junior accountant, an office manager and VP of operations. Even traditional depository lenders are keen to bring aboard LOs from coast to coast.

Mortgage 442

Mortgage Brokerage Retail Business 442

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. I can get you (borrower) a conditional loan approved in 20 minutes. It’s smoother for the client,” Hussam said.

Investing 404

Investing Loan Officers Retail Mortgage 404

PennyMac

APRIL 2, 2020

Your home buying budget will be impacted by your household finances and the market you are searching in. Step 4: Find the Right Real Estate Agent. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area.

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Real Estate Agent Inspection Sellers Real Estate 36

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 83

Appraisal Real Estate Agent Contracts Real Estate 83

Cleveland Appraisal Blog

MARCH 30, 2021

I’m grateful that nearly half of my work these days is not for lending purposes. The problem with most of these requests for reconsiderations of value, is that the listing agent or seller almost never provides me, or other appraisers I have visited with about this situation, with any data that helps their case.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

PennyMac

SEPTEMBER 9, 2020

An FHA home loan is a mortgage insured by the Federal Housing Administration. 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.

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Insurance Buyers Mortgage Human Resources 36

Appraisal Today

JANUARY 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on 2024 forecasts for mortgage rates and originations, Private Money lending, unusual homes, mortgage origination stats, etc. Acre lot Built in 2000 and recently renovated, the main estate and guesthouses offer a total of 7,455 square feet of living space.

Appraisal 68

Appraisal Contracts Mortgage Marketing 68

Will Springer Realtor

MARCH 30, 2021

Here are 11 thoughts, gathered from experienced real estate agents, and shared with you: Financial backing – Before considering offers, buyers should speak with their lender to request a letter that states they are strong candidates for a mortgage loan to cover the cost of the home.

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Inspection Sellers Buyers Real Estate 36