Housing Wire

JANUARY 18, 2023

Columbus, Ohio-headquartered lender Lower rolled out mortgage as a service platform that enables consumer finance, banking and real estate companies to offer its mortgage products. . population. Lower, a subsidiary of Lower Holding Co.

Mortgage 382

Mortgage Lending Finance Retail 382

Housing Wire

MARCH 23, 2023

In October, the Federal Housing Finance Agency (FHFA) published the first publicly available datasets of aggregate statistics on appraisal records, which provided the public with access to data and trends found in appraisal reports.

Appraisal 382

Appraisal Reconsideration of Value Valuation Training 382

Housing Wire

NOVEMBER 6, 2023

Nearly 50 interviews from staff members in the federal government, financial technology companies, mortgage lenders and consumer advocates found that the ability of AI to improve racial equity can be undermined by the data used to train the algorithm, not just by the algorithm itself.

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Government Training Tools Design 403

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. further impacts the number of approvals in majority-minority census tracts.”

Mortgage 393

Mortgage Training Loan Officers Lending 393

Housing Wire

MARCH 11, 2024

According to the annoucment, King, who has been with Keller Williams since 2001, will continue as a training and coaching leader for Keller Williams’ Franchise Systems Orientation and will continue his work updating the Team Leader and Keller Williams experiences.

Training 411

Training Realty Legal Tools 411

Housing Wire

JANUARY 13, 2022

HousingWire recently spoke with Joe Davila, president and CEO of Selene Finance , about how servicers can best help homeowners with next steps as they exit forbearance plans. The call center and loss mitigation teams must be properly trained on the options that are available to the borrower to properly guide the discussion.

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Training Technology Finance 393

Housing Wire

AUGUST 11, 2022

In a move the Federal Housing Finance Agency said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. Presented by: Selene Finance. Starting March 1, 2023, servicers will be required to maintain data on borrowers’ age, race, ethnicity, gender and preferred language.

Lending 382

Lending Finance Loan Officers Legal 382

Housing Wire

MAY 25, 2023

Longbridge Financial, LLC, (NMLS #957935) believes that the answer to this dilemma is the HECM/Reverse for Purchase financing option. Most real estate agents, builders and potential customers have no idea that this financing option exists to purchase homes,” he said.

Loan Officers 393

Loan Officers Real Estate Agent Real Estate Finance 393

Housing Wire

NOVEMBER 17, 2023

In their filing, the plaintiffs highlight HomeServices’ franchise agreements, training videos, as well as the now infamous Allan Dalton video, as evidence of HomeServices enforcing the National Association of Realtors’ Clear Cooperation policy.

Training 414

Training Realtors Agents Real Estate 414

Appraisal Buzz

MAY 6, 2024

The Reconsideration of Value policy represents months of collaboration with the Federal Housing Finance Agency to develop an aligned approach for both FHA-insured mortgages and those purchased or guaranteed by Fannie Mae and Freddie Mac. “We

Reconsideration of Value 195

Reconsideration of Value Valuation Appraisal Appraisal Process 195

Housing Wire

JULY 16, 2021

The HW Vanguard awards program recognizes C-level industry professionals and business unit leaders who have become leaders in their respective fields within housing and mortgage finance — those whose leadership is moving markets forward, each and every day. Part of that investment is in training.

Investing 382

Investing Training Development Modernization 382

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . We have a dedicated training department that can teach originators all about reverse mortgages, our products, and how to make the sale.

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Housing Market Business Mortgage Marketing 370

Housing Wire

FEBRUARY 22, 2024

Training their workforce is also crucial, they said. ” Secondary market In the secondary market, credit agency Fitch Ratings on Wednesday reported that cyberattacks could impair servicers’ abilities to collect payments from borrowers and remit them to the structured finance transaction in a timely manner.

Mortgage 449

Mortgage Supply Chain Investors Technology 449

Housing Wire

MAY 26, 2023

This made the company significantly more vulnerable to cybersecurity attacks, the state’s finance department said in a statement announcing the settlement. New York State’s Department of Financial Services (DFS) announced this week that mortgage lender and servicer OneMain Financial will pay a $4.25

Development 382

Development Training Lending Finance 382

Housing Wire

AUGUST 31, 2022

From there, lenders can work with their clients to increase credit scores and lower long-term financing costs, building trust along the way. For instance, an applicant with an initial credit score of 640 who is looking to finance $300,000 over 30 years would qualify for an interest rate of 6.13%, making monthly payments $1,823.

Mortgage 370

Mortgage Clients Loan Officers Finance 370

Housing Wire

MARCH 21, 2024

to 107 loans), Finance of America Reverse (up 17.4% I’m working with a couple of brokerage firms on a multipart agent training series,” Frank Borg, a Seattle -based originator with Fairway said in a February interview. Four of the top 10 industry lenders also gained ground for the month. to 682 loans) and Longbridge Financial (up 4.7%

Retail 423

Retail Mortgage Real Estate Agent Business 423

Housing Wire

MAY 18, 2021

“Frank’s extensive accounting, corporate finance and insurance business experience adds substantial depth and bench strength to our corporate accounting and finance group, as well as to Old Republic’s most senior operating management team,” said Al Zucaro, Old Republic CEO and chairman.

Insurance 401

Insurance Finance Training Business 401

Housing Wire

SEPTEMBER 16, 2021

housing finance industry and deserves a strong leader. I have been following efforts to address that scarcity, including through technology and through recruitment and training efforts (particularly in connection with diverse appraisers). McCargo’s nomination. HousingWire: What is the weirdest job you have ever had?

Finance 382

Finance Legal Development Training 382

Housing Wire

MAY 31, 2021

Senate Finance Committee. From leading their team through a massive refinance boom and quickly developing new technology to meet the unique needs of 2021 to driving the adoption of eClosings and delivering relevant training to lenders and agents on how to navigate the pandemic, we’re excited to present this year’s class of Rising Stars.

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Training Finance Technology Development 400

Housing Wire

OCTOBER 10, 2022

We’ve right-sized areas of our business impacted the most by this volatile market, such as refinance, operations, training, and recruiting,” Lindsey LeBerth, the company’s director of communications, wrote in an email to HousingWire. “In

Retail 393

Retail Loan Officers Modernization Training 393

Housing Wire

JANUARY 19, 2022

To address money laundering concerns, it may be necessary to ensure that a recordkeeping and reporting requirement attaches to some entity involved in every non-financed transaction,” FinCEN’s proposed rulemaking notice states. of all new-home sales involve non-financed deals. and foreign trusts,” the agency’s proposed rule states. .

Real Estate Agent 433

Real Estate Agent Real Estate Agents Insurance 433

Housing Wire

DECEMBER 7, 2023

It also provides subservicing , mortgage finance, i.e., warehouse , MSR and servicing advance lending, as well as cash and treasury management services. “We The company also invests in its partners by offering training, marketing services, lead generation, and advice and expertise to help them build their business for long-term success.

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Lending Clients Business Technology 326

Housing Wire

OCTOBER 18, 2023

He also noted that the training scripts were not telling agents what to do, but were serving as examples of what other agents have done to handle similar situations. I do believe training is essential.” I certainly don’t believe that fixing commissions is appropriate.

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Agents Training Real Estate Real Estate Agent 424

Housing Wire

JANUARY 21, 2022

The consent order states that between a three-year period – from February 2017 through February 2020 – the bank’s risk assessment, internal controls, and training led to various violations. according to Inside Mortgage Finance. million civil penalty over violations of the Flood Disaster Protection Act, the regulator said on Thursday.

Insurance 382

Insurance Training Finance Mortgage 382

Housing Wire

DECEMBER 14, 2021

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. But “increased transparency and awareness and more training and education” could help combat appraisal bias, the report said.

Appraisal 424

Appraisal Valuation Finance Training 424

Housing Wire

JANUARY 10, 2023

There’s a concurrent period in the 30 days where they’re getting trained while waiting for their licensing to come through,” he said. In October, APM hired employees from Finance of America (FoA). We can get them (LOs) running in about 30 days. APM is no stranger to scooping up LOs from lenders that shut down.

Loan Officers 382

Loan Officers Mortgage Training Finance 382

Housing Wire

JUNE 17, 2022

They had a young executive team who valued fresh ideas and were not afraid to train inexperienced novices like me. They had a unique approach to hedging and though I never imagined I would work in finance as a kid, it was an amazing journey. I learned the value of taking risks, not fearing change and learning from a collaborative team.

Modernization 381

Modernization Inventory Tools Lending 381

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. billion in the first six months of 2023, according to data from Inside Mortgage Finance. Guaranteed Rate originated $10.6 market share, IMF data showed.

Human Resources 285

Human Resources Loan Officers Project Management Training 285

Housing Wire

MARCH 27, 2024

According to Srivatsaa, this means that trainings and resources brought in by one team leader or broker are available to all agents at the firm. Agents can also gain stock by purchasing it, attracting productive agents to Real, as well as stock awards for teaching agent training programs at Real or doing community service projects. “If

Brokerage 450

Brokerage Agents Training Business 450

Housing Wire

MARCH 30, 2023

The Federal Housing Finance Agency (FHFA)’s Office of the Inspector General (OIG) has determined that the FHFA has followed guidance related to conservatorship of the government-sponsored enterprises (GSEs). As a result, new document retention practices should be implemented, the OIG said.

Training 392

Training Government Finance 392

Housing Wire

MAY 14, 2024

And RE/MAX CEO Erik Carlson recently noted that his firm is developing new training and educational materials for its affiliates so that agents can be better prepared to answer client questions.

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Real Estate Agent Agents Real Estate Buyers 442

Housing Wire

OCTOBER 3, 2023

This attitude shows a lack of understanding of agency law and the relationships involved, which usually points back to a lack of training. Final thoughts In the end, it all boils down to awareness and training. Frankly, all we can do as brokers is just that: train, coach, counsel and then train some more.

Agents 404

Agents Buyers Training Law 404

Housing Wire

JANUARY 10, 2024

The surfeit of agents ensures that many will not be able to receive adequate personal training and mentorship.” . “For these same reasons, many companies continue an association with agents even when the agents routinely sell only one or no properties a year.

Agents 424

Agents Real Estate Real Estate Agent Training 424

Housing Wire

SEPTEMBER 9, 2021

Even though it’s rare that housing finance is listed on someone’s career aspirations when leaving high school, it doesn’t mean that the people who are in this space are any less passionate about what they do. I remember one of the first conversations we had, where we were talking about what’s going to happen in 5 to 10 years.

Mortgage 393

Mortgage Lending Training Finance 393

Housing Wire

DECEMBER 27, 2021

There has been an explosion of companies offering financing solutions such as bridge loans, iBuying and more. Companies such as Zillow , Refin , Opendoor , Offerpad , Knock.com and Ribbon have put a new spin on financing services that have been around for more than 30 years. Segmentation in the industry.

Brokerage 393

Brokerage Real Estate Agents Finance 393

Miller Samuel

NOVEMBER 17, 2023

My journey to the city for the Bloomberg interview: catching the 5:49 am train – waiting in the green room – and working my way up the guest list to go on. The focus seems to be figuring out what the exit of this era of tight housing inventory looks like and when rents will come down since inflation is tangibly falling.

Training 195

Training Inventory Real Estate Appraisal 195

BiggerPockets

AUGUST 11, 2022

Some invest in stocks, others flip houses, but one couple breeds rats, trains horses, and buys rentals in cash. The path to financial freedom is different for everyone. Before you […].

Finance 50

Finance Training Investing 50