Housing Wire

JUNE 2, 2022

NCRC testers made inquiries about mortgage financing with a loan officer at Movement Mortgage, Dave Skow, on two occasions, four months apart, during 2021. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019.

Mortgage 385

Mortgage Training Loan Officers Lending 385

Housing Wire

JANUARY 10, 2023

Not every loan officer that wanted to join APM was hired, however. The focus was on high-producing and profitable branches — and the loan officers who were part of those branches were brought over, Lowman explained. . “We In October, APM hired employees from Finance of America (FoA).

Loan Officers 360

Loan Officers Mortgage Training Finance 360

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. The post As the market shifts to purchase, LOs get creative appeared first on HousingWire.

Marketing 392

Marketing Real Estate Agent Loan Officers Advertising 392

Housing Wire

JUNE 10, 2022

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. For wemlo, his primary focus is to enhance the existing loan processing platform to improve user experience.

Marketing 389

Marketing Real Estate Agent Lending Real Estate 389

Housing Wire

AUGUST 1, 2023

But more than 80% of Rocket’s volume during those years came from refinancings, data from Inside Mortgage Finance (IMF) showed. The lender made focused efforts to target the purchase market in 2021 and set up dedicated teams to cultivate relationships with real estate agents. Its parent Rocket Companies rode the wave to a stunning $9.4

Loan Officers 365

Loan Officers Retail Real Estate Agent Real Estate 365

Housing Wire

AUGUST 23, 2023

The second round of layoffs this month mostly affected non-tech workers and included its vice president of creative, an operations training manager and a human resources director. Loan officers were let go in August as well, according to former employees. market share, IMF data showed. Guaranteed Rate originated $10.6

Human Resources 284

Human Resources Loan Officers Project Management Training 284

Housing Wire

OCTOBER 10, 2022

Ohio-based mortgage lender Lower imposed a round of layoffs last week due to market conditions, affecting 6% of its workforce, according to a spokesperson for the company. The Fed has increased the federal funds rate by 300 basis points so far this year to control surging inflation, resulting in a “ reset” of the mortgage market.

Retail 385

Retail Loan Officers Modernization Training 385

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. HousingWire: In today’s tight market, margin compression is impacting countless mortgage companies. You also have a mortgage market shrinking from $4.1

Marketing 350

Marketing Lending Loan Officers Training 350

Housing Wire

AUGUST 31, 2022

With more than 20 years of experience, CreditXpert has rolled with the punches brought on by a turbulent housing market and has excelled at adapting to the industry’s growing digital revolution and shift towards fast fintech solutions. However, CreditXpert isn’t just helping those with lower scores qualify for mortgages.

Mortgage 339

Mortgage Clients Loan Officers Finance 339

Housing Wire

SEPTEMBER 27, 2023

The DOJ alleges that the bank also failed to train and incentivize its staff to market and advertise its mortgage services to compensate for its lack of presence in these areas. Ultimately, other banks received four times more loan applications each year in these minority neighborhoods than Washington Trust.

Advertising 402

Advertising Loan Officers Lending Training 402

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. According to the U.S.

Investors 409

Investors Real Estate Lending Loan Officers 409

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 361

Mortgage Loan Officers Retail Training 361

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. Jumbo loan volume increased 3.1%

Mortgage 392

Mortgage Loan Officers Finance Investors 392

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 368

Mortgage Loan Officers Lending Business 368

Housing Wire

JANUARY 14, 2022

According to Evan Kidwell, chief operating officer at Griffin Funding , a consumer-direct lender that launched non-QM operations in November 2020, the company is willing to hire newbie LOs and processors and give them on-the-job training. “If If you’re willing to learn and you’re coachable and trainable, that works too.”.

Lending 350

Lending Loan Officers Real Estate Mortgage 350

Housing Wire

MAY 25, 2022

There’s no question that 2022 has seen serious changes to the housing market. Between significantly fewer refinances, rising mortgage rates and housing inventory nearly cut in half since 2020, loan officers (LOs) and brokers face a pivotal time where adaptation is a must for success. Unique loans for unique borrowers.

Lending 381

Lending Investing Loan Officers Design 381

Housing Wire

JUNE 6, 2022

Company chief financial officer Patrick Flangagan said loanDepot doesn’t expect to be profitable this year and shared plans to reduce marketing personnel expenses. Loan origination volume dropped 26% to $21.6 billion from the previous quarter, according to the firm, bringing the company’s market share down to 3.1%.

Mortgage 414

Mortgage Loan Officers Lending Human Resources 414

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 435

Real Estate Agent Loan Officers Real Estate Agents 435

Genworth MI Blog

MAY 28, 2020

Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? For some, these myths still flood our thoughts when a potential borrower approaches us about a loan for a manufactured home.

Construction 148

Construction Loan Officers Training Lending 148

Genworth MI Blog

FEBRUARY 29, 2024

As a hopeful homeowner, it’s important borrowers understand how these condition concerns could impact their finances down the line – help educate your borrowers during this process. Additionally, non-residential properties that are adjacent to or near the subject can also impact value/marketability.

Appraisal 88

Appraisal Inspection Training Real Estate 88

Genworth MI Blog

MAY 28, 2020

Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? For some, these myths still flood our thoughts when a potential borrower approaches us about a loan for a manufactured home.

Construction 78

Construction Loan Officers Training Lending 78

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 419

Business Mortgage Loan Officers Inventory 419

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. Mortgage professionals say 2024 will be a ‘recovery year’ as markets slowly return to normal. A successful loan officer in this market needs a very capable qualified assistant.

Mortgage 441

Mortgage Loan Officers Inventory Business 441

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 397

Loan Officers Mortgage Lending Real Estate Agent 397

McKissock

APRIL 20, 2021

Receive basic training in contracts and how to price properties using comparative marketing analysis. Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Set clear expectations upfront about your availability.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

JANUARY 10, 2024

In December, the National Multistate Licensing System (NMLS) showed that AmCap had more than 400 sponsored loan officers while CCM had over 4,000. Leonhardt said that AmCap employees will participate in a two-week training program at CCM, with the integration expected to be complete in 45 to 60 days. .

Retail 368

Retail Mortgage Loan Officers Training 368

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 424

Housing Market Marketing Brokerage Real Estate 424

Housing Wire

JULY 25, 2023

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? More critical than training on skills is training on having a strong mindset,” said Matt Weaver. During the Peak Performers sessions, Weaver will share his 10 points to high-level loan originations. Weaver is the No.

Real Estate Agent 278

Real Estate Agent Mortgage Real Estate Training 278

AmeriMac

MARCH 15, 2024

The HVCC was a set of appraisal guidelines created by Freddie Mac, Fannie Mae, the Federal Housing Finance Agency (FHFA), and the New York Attorney General. AMCs also play a crucial role in maintaining property values and safeguarding the real estate market. This helps ensure accurate and reliable valuations.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Market updates Future clients, whether buying or selling, want to feel assured that their real estate agent has a firm grasp on the happenings of the market.

Real Estate 377

Real Estate Agents Real Estate Agent Clients 377

Housing Wire

JUNE 7, 2021

As a candidate, Biden’s campaign said he would “establish a national standard for housing appraisals” to ensure that appraisers are adequately trained, understand the neighborhoods in which they work and “do not hold implicit biases” that influence their work. We see this in employment, from service providers, education, health care and more.

Appraisal Process 464

Appraisal Process Appraisal Decorating Valuation 464

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 380

Insurance Construction Government Lending 380

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