Housing Wire

MARCH 14, 2024

Lisa Moriello “Any loan officer can run a report in their own database to calculate when someone’s date of birth hits that prime age [for a reverse mortgage],” Moriello said. But modern classes of financial planners generally seem to be more open to conversations, based on Moriello’s conversations.

Mortgage 336

Mortgage Clients Loan Officers Tools 336

Housing Wire

DECEMBER 15, 2021

HousingWire recently spoke to Finance of America Mortgage President Bill Dallas about viable alternative options for homebuyers and the innovative products FAM offers to meet the unique financial needs of today’s modern borrowers. Loan officers and brokers need to reconnect with past clients and show their value.

Finance 343

Finance Construction Law Inventory 343

Housing Wire

JUNE 29, 2022

Loan officers must understand what modern millennial and Gen Z homebuyers want from their lenders. For mortgage professionals looking to buoy their loan volume through the rest of the year and beyond, understanding the motivations, behaviors and the barriers to entry for these borrowers will only become more vital for success.

Loan Officers 406

Loan Officers Mortgage Modernization Business 406

Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. It has begun to restore HUD’s discriminatory effects standard and requested a 17% budget increase for the Office of Fair Housing and Equal Opportunity for enforcement. Many have called for reductions.

Insurance 340

Insurance Modernization Lending Mortgage 340

Housing Wire

JANUARY 14, 2022

HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate. A not insignificant component of HomeSmart’s finances is what is funneled to, and from, Widdows. million net loss, according to the filing. million. “The

Brokerage 395

Brokerage Agents Real Estate Loan Officers 395

Housing Wire

DECEMBER 31, 2021

One of the ways that lenders “manage expenses” has historically been by laying off processors and loan officers. In October, Rohit Chopra took over as director of the Consumer Finance Protection Bureau. Bank Home Mortgage , said at the MBA Annual convention.

Marketing 418

Marketing Law Government Mortgage 418

Housing Wire

JULY 13, 2021

OriginPoint has a Chicago address, and it is actively looking for loan officers, according to OriginPoint’s website. Compass has called itself a tech company, Wong noted, and as recently as this May its CEO Robert Reffkin said that Compass’s goal was to modernize an archaic industry. They are pigeonholing themselves.”.

Brokerage 293

Brokerage Real Estate Agents Clients 293

Housing Wire

MARCH 1, 2022

In 2019 we published a feature story about “Who will be the Amazon of housing?” — and then explored world-domination theories that painted Zillow , Redfin , Opendoor (and maybe Amazon itself) taking over the entire end-to-end housing sales and financing process. Instead, innovation prevails. We’re here today to talk about innovation.

Real Estate 325

Real Estate Brokerage Real Estate Agent Technology 325

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

Housing Wire

APRIL 25, 2022

In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. In contrast, home appraisals are ordered up only when a house sells and is financed with a mortgage, or when an owner chooses to refinance.

Property Taxes 404

Property Taxes Government Appraisal Valuation 404

Housing Wire

FEBRUARY 8, 2023

When mass-market loan origination systems emerged on the scene in the early 1990s, they revolutionized the mortgage workplace by allowing originators to save loan files on a personal computer and share them across local networks — a huge step up from typewritten applications and mainframe computing.

Loan Officers 68

Loan Officers Technology Lending Transportation 68

Housing Wire

OCTOBER 20, 2023

Who knows, this might help someone kick start styling their own home, which could result in them reaching out to you because you share a love for mid-century modern or boho minimalist style. Shout out businesses you work with People are always looking for recommendations from expert sources, so share yours!

Real Estate 352

Real Estate Agents Real Estate Agent Clients 352

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

MARCH 29, 2022

Senior administration officials claim that rooting out “modern-day redlining” is a top priority. Although half of Memphis’ census tracts are majority-minority, Trustmark did not assign a single mortgage loan officer to any of its branches in those areas, the federal government said. The reason?

Lending 355

Lending Government Law Mortgage 355

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. My professional background is out of finance and lending. Kenon Chen. It’s all for the podcast, everything we do. Jeff Allen. It’s all for the podcast.

Sellers 69

Sellers Agents Real Estate Buyers 69