Housing Wire

OCTOBER 4, 2023

Lenders that adopt artificial intelligence (AI) or machine learning (ML) into the mortgage lending landscape want to see operational efficiency, Fannie Mae ’s mortgage lender sentiment survey showed. A total of 242 senior executives from 219 lending institutions completed the survey between Aug.

Technology 400

Technology Lending Valuation Mortgage 400

Housing Wire

MARCH 28, 2024

It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. Build the right team Given the new technologies and expert outsourcing options available to lenders today, staffing up to handle new business doesn’t make as much sense as it did in the past.

Mortgage 458

Mortgage Technology Tools Business 458

Housing Wire

FEBRUARY 9, 2023

The merger will result in an “increased lending footprint” to better serve clients, Paul Kessel, president of American Portfolio, said in a statement. Lisa Thomas, chief executive officer of Town Square, added that the deal also brings “a portfolio of expanded loan products backed by a lending platform with state-of-the-art technology.”

Mortgage 368

Mortgage Retail Loan Officers Lending 368

Housing Wire

JULY 29, 2022

About 39% of 210 senior mortgage executives representing 189 lending institutions said cost-cutting was the most important agenda item, the first time that has happened since 2017, according to Fannie Mae ‘s mortgage lender sentiment survey. billion in loan origination volume in 2021. billion in loan origination volume in 2021.

Mortgage 384

Mortgage Loan Officers Lending Real Estate Agent 384

Housing Wire

APRIL 1, 2024

“To my knowledge, we are the only ones who set this up as a traditional wholesale channel, which makes it easier for these third parties to add it as a product in the suite that they already have access to — all of their agency loans, government loans, jumbo, non-QM, construction. This is just one more arrow in their quiver.”

Loan Officers 406

Loan Officers Clients Mortgage Construction 406

The Appraiser Coach

SEPTEMBER 14, 2021

Appraisers have been accused of being “speed bumps” in the lending process. We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. In some ways, I can understand their. Read More.

Agents 370

Agents Appraisal Real Estate Agent Loan Officers 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. in the broker channel.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

DECEMBER 27, 2023

The company hopes to reach its goal by growing organically with more loan officers under a dozen business development managers. “But given how hard this market has been and that scale is becoming more important with technology, smaller companies are under more pressure. Take Planet Home Lending as an example.

Mortgage 415

Mortgage Retail Lending Sellers 415

Housing Wire

JULY 14, 2022

The federal government on Wednesday reported that the consumer price index rose 9.1% Loan officers told HousingWire this week that they were quoting rates in the low 6% range on conventional products, but about 100 basis points lower on jumbos. on a year-over-year basis in June, far above Wall Street’s estimate of 8.8%.

Mortgage 370

Mortgage Loan Officers Housing Market Government 370

Simonson Real Estate

AUGUST 24, 2020

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. Based on lender interviews and market reports, appetite for lending on each of the property types generally falls into in the following ranking (in order of best to worst). We had a great discussion!

Lending 148

Lending Construction Tenants Real Estate 148

Housing Wire

JUNE 24, 2021

Panelists: Brian Covey, VP, Regional Production, loanDepot Andrew Haberman, Digital Marketing Manager, Synergy One Lending Neel Dhingra, Mortgage Banker, All Western Mortgage Brena Nath, Managing Editor, HousingWire. Technology at the intersection of borrower and LO satisfaction. Social Media Master Class: Instagram.

Loan Officers 343

Loan Officers Lending Finance Business 343

Housing Wire

DECEMBER 16, 2021

In November, Interfirst issued pink slips to hundreds of non-commissioned loan officers at its call centers in Charlotte, North Carolina and Rosemont, Illinois, according to WARN notices in both states. Clients upload all documents into their loan origination system directly to reduce/eliminate operational staff.

Mortgage 368

Mortgage Loan Officers Retail Training 368

Housing Wire

MARCH 16, 2022

Rick Hill, vice president of industry technology at the Mortgage Bankers Association , said that lending is a critical component of the nation’s infrastructure, which is one reason it is more susceptible to being attacked. “We government.”. Escalating tension between the U.S.

Mortgage 384

Mortgage Marketing Lending Loan Officers 384

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. We recently spoke to Bao Huynh, Director of Business Development at LoanScorecard, about these changes and the challenges of originating non-QM loans. Technology is a big part of the answer to this education challenge.

Marketing 379

Marketing Investors Technology Loan Officers 379

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. This isn’t a new story in mortgage lending or real estate brokerage.

Real Estate 372

Real Estate Brokerage Real Estate Agent Technology 372

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. UWM also is pressuring competitors via prices.

Mortgage 355

Mortgage Real Estate Agent Real Estate Clients 355

Housing Wire

OCTOBER 6, 2020

Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used. With the advances we’re seeing in Artificial Intelligence, Machine Learning and Robotic Process Automation, we have become experts at configuring our technology to meet the changing needs of lenders.

Technology 450

Technology Mortgage Investing Investors 450

Housing Wire

SEPTEMBER 28, 2023

In my career, I’ve swung between enabling technology and securing it at the same time. SW: At PRMG, do you generally build or buy technology? JA: I was going back through some old PRMG stuff and they had “the five tenets of mortgage lending success” and it was: product, pricing, compensation, marketing, and fulfillment.

Technology 445

Technology Loan Officers Lending Business 445

Housing Wire

DECEMBER 29, 2023

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. AI can understand the loan status, a loan profile and AI can respond to the consumer.

Mortgage 450

Mortgage Loan Officers Inventory Business 450

Housing Wire

OCTOBER 23, 2023

We’re trying to make sure our focus is on the strategic growth areas that we think will contribute to the first-time homebuyer, diverse lending and affordable [lending]. Our percentage of government conforming has increased, which is good. We have a very large contingent of loan officers and branch networks.

Technology 420

Technology Loan Officers Retail Marketing 420

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland.

Law 408

Law Loan Officers Lending Advertising 408

Housing Wire

JUNE 1, 2021

ICE Mortgage Technology. Manager, Government & Industry Relations. EVP, Retail Lending. Alterra Home Loans. Senior Loan Officer. Supreme Lending. VP, Lending Support. Louis daRosa. VP of Engineering. Madisyn Rhone. Genworth Mortgage Insurance. Malte Kramer. CEO & Founder. Matt Garcia.

Retail 397

Retail Lending Loan Officers Finance 397

AmeriMac

MARCH 15, 2024

The HVCC laid the foundation for subsequent regulatory changes, including the incorporation of similar appraiser guidelines into the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Truth in Lending Act. Regulatory Compliance: AMCs are well-versed in federal laws and regulations governing appraisals.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Housing Wire

AUGUST 31, 2022

The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. The second category is mortgage and non-mortgage brokers, which includes establishments that facilitate lending by bringing borrowers and lenders together. Excludes corporate overhead employees. [2]

Lending 384

Lending Mortgage Real Estate Loan Officers 384

Appraisal Today

SEPTEMBER 15, 2023

One-quarter (26 percent) cite technology fees (not an option in 2022). 2023) Updated August 2, 2023 Excerpts: Fannie Mae and Freddie Mac (government sponsored enterprises or GSEs) published their Appraiser Independence Requirements in October 2010. This is up sharply from 27 percent last year. UPDATED No. See AIR sections I.B.(9)

Appraisal 85

Appraisal Real Estate Agent Contracts Real Estate 85

Assurance Financial

JANUARY 3, 2022

As a first-time homeowner, whether you’re getting your home loan through a conventional lender, or a government-backed loan such as the Federal Housing Administration (FHA) loan, the U.S. Department of Veteran Affairs (VA) loan or the U.S. Our in-house loan officers will work with you to underwrite your loan.

Mortgage 69

Mortgage Finance Loan Officers Law 69

Housing Wire

FEBRUARY 7, 2022

A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.

Insurance 367

Insurance Modernization Lending Mortgage 367