Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. While Yen likes the product, she feels it is best handled by senior loan officers like herself, a nearly 30-year veteran of the industry.

Loan Officers 356

Loan Officers Clients Mortgage Construction 356

Housing Wire

SEPTEMBER 11, 2023

The lender has about 80 loan officers and aims to hire up to 100 in states. The market is retracting but it’s the best time to build,” Watanasuparp said. Cliffco’s proprietary CRM platform enables loan officers to break away from being heavily dependent on real estate agents for referrals. “In

Loan Officers 373

Loan Officers Agents Retail Technology 373

Housing Wire

APRIL 12, 2023

Economic and Housing Market Outlook Amid the Federal Reserve ‘s efforts to tame inflation, 44.5% A total of 45% of participants said home sales in their markets will remain flat for the next three months; 30.3% a loan officer in Washington noted. Of the 155 completed surveys, 32.3% from the Midwest, 16.8%

Mortgage 313

Mortgage Marketing Loan Officers Real Estate Agent 313

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. But for loan professionals, relief doesn’t pay the bills. million to 1.93

Mortgage 378

Mortgage Loan Officers Inventory Retail 378

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. million units last month from July, according to the National Association of Realtors (NAR). million existing homes on the market in August and would take 3.2 year-over-year.

Mortgage 406

Mortgage Loan Officers Buyers Inventory 406

Housing Wire

SEPTEMBER 29, 2022

In a call to all mortgage executives and loan officers, these two speakers are looking to address the way most lenders and loan officers do business. If you don’t have the best technology platforms, you are losing loans and leaving both borrowers and Realtors behind. Presented on Oct.

Loan Officers 341

Loan Officers Real Estate Technology Business 341

Housing Wire

MARCH 23, 2022

As the housing market continues to move from last year’s refinance boom, lenders’ ability to identify customers and maintain consumer relationships has become more important than ever in not only securing loans but also ensuring they make it to close. Homebuyers often search for financing online before engaging a Realtor.

Finance 267

Finance Loan Officers Lending Housing Market 267

Housing Wire

SEPTEMBER 7, 2023

The pivot also coincided with its former chief retail officer Stephen Carpitella requesting the opportunity to start his own wholesale mortgage business. Many of EPM’s retail loan officers transitioned to Informed Mortgage , a lender Carpitella launched in August.

Retail 387

Retail Loan Officers Business Lending 387

Housing Wire

NOVEMBER 23, 2022

The seller, who struggled to find a buyer in a cooled down housing market, agreed to deposit a lump sum payment into an escrow account at closing – ultimately saving Davis $6,900 in monthly payments in the first two years. ” Trudy Kelly, senior loan officer at Churchill Mortgage. in the second year.

Buyers 464

Buyers Marketing Sellers Loan Officers 464

Housing Wire

JULY 15, 2022

This includes developing a stronger knowledge about mortgage products, origination, compliance and regulatory matters, how loan officers operate day to day and mortgage sales. Brian Gubernick : No question, the greatest learning opportunity I’ve experienced was the 2007-2008 housing market crash.

Real Estate 363

Real Estate Realtors Brokerage Business 363

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. The development is intriguing for a few reasons. Real estate agents and LOs: the great collaboration.

Real Estate Agent 404

Real Estate Agent Real Estate Brokerage Realtors 404

Housing Wire

SEPTEMBER 22, 2022

With the new mortgage program, customers receive loan estimates and closing disclosures in Spanish as well as a real-time digital version they can save. The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes.

Marketing 348

Marketing Tools Loan Officers Finance 348

Housing Wire

JANUARY 5, 2021

The platform allows loan officers to become “mobile originators,” using their smartphones to view applications, pull credit reports and oversee all aspects of the loan process while connecting in real-time to their LOS.

Architecture 389

Architecture Real Estate Agent Loan Officers Real Estate 389

Housing Wire

MARCH 6, 2023

The combination of an economic uncertainty, high mortgage rates and persisting affordability challenges will further reduce purchase demand, which keeps Monson and thousands of loan officers up at night. I see a lot more low credit scores, funky income, foreign nationals or bank statement loans,” he said. ” Monson said.

Loan Officers 371

Loan Officers Inventory Real Estate Agent Buyers 371

Housing Wire

FEBRUARY 22, 2021

The ads are mostly set not in a loan office, but a home showing. That raises a question of perhaps little interest to National Basketball Association fans but a great deal of interest to National Association of Realtors members – where is the real estate agent in this picture?

Real Estate Agent 432

Real Estate Agent Real Estate Loan Officers Realtors 432

Housing Wire

DECEMBER 23, 2022

With Fannie Mae and other organizations predicting a tough outlook for 2023’s housing market, loan officers should be looking to get their name out in front of as many potential borrowers as possible in order to secure business. and helping the general consumer understand those positives,” she said.

Loan Officers 291

Loan Officers Business Mortgage Clients 291

Housing Wire

FEBRUARY 10, 2023

.” While his origination volume dropped by about 55% to $378 million in 2022 from the previous year, Kechian is confident he could capitalize on the purchase market by tapping into the network he’s been building with realtors over the last year. “We We feel like we picked up more market share in 2022,” Kechian said.

Marketing 357

Marketing Inventory Loan Officers Buyers 357

Housing Wire

DECEMBER 3, 2021

Reina Ramos: I don’t have a favorite article but rather enjoy and appreciate the coverage HW provides on all subject matters that are affecting the mortgage industry as well as Realtors. HousingWire: What do you think will be t he big themes for the housing market in 2022?

Inventory 382

Inventory Loan Officers Clients Mortgage 382

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

DECEMBER 30, 2022

At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market. Nguyen plans on utilizing his proprietary platform to partner with Realtors after his refi-dependent sale volume dropped to a staggering 20% this year. He hit a record $2.47 Rates would average 5.2%

Renovations 386

Renovations Realtors Construction Mortgage 386

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. That is also the case for Chris Gallo, senior loan officer at NJ Lenders Corp. After dropping from $1.2

Business 377

Business Loan Officers Clients Inventory 377

Housing Wire

MARCH 30, 2023

My perspective is, you need to have companies that are willing to open up that credit risk profile in order to help your loan officers bring in volume. In a market where every loan counts, that’s a great resource for loan officers to have those outlets. How big is the company?

Mortgage 355

Mortgage Retail Loan Officers Brokerage 355

Housing Wire

DECEMBER 6, 2022

So, about two weeks before the closing was scheduled to take place, the builder reaches out to me and was like, ‘The loan officer on your client’s file got laid off and we are assigning a new one to it.’ But some of those partnerships are getting turned on their head as the mortgage industry reckons with the housing market slowdown.

Real Estate 359

Real Estate Real Estate Agent Clients Agents 359

Riverfront Appraisals

JANUARY 12, 2022

Most recently, I’ve focused on the homeowner and the loan officer. All throughout 2022, my focus will be on helping Realtors understand a little more about appraisals. For the past couple of years, I’ve been blogging about appraisal topics for various audiences.

Loan Officers 99

Loan Officers Realtors Appraisal Housing Market 99

Housing Wire

APRIL 21, 2021

Nebraska-based Charter Title and Escrow has formed a Hispanic division to further assist Spanish-speaking customers, Realtors and loan officers in the region, the company announced on Wednesday. Per Angela Miller, Charter Title agent, Hispanics make up the fastest-growing demographic in the Omaha, Nebraska area.

Marketing 367

Marketing Real Estate Loan Officers Realtors 367

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. Connect with a local loan officer now.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Housing Wire

MARCH 2, 2023

That has essentially frozen the market, particularly for buyers who were considering making the jump but perhaps missed the small window in winter, when for one day rates fell to 5.99%. I feel like we have some people sitting on the fence again,” said one loan officer in the Portland, Oregon market. “I

Mortgage 431

Mortgage Buyers Loan Officers Marketing 431

Cornerstone

JANUARY 7, 2022

Will more houses become available? To give you accurate answers, we’ve gone to the source: trusted housing industry experts. Housing market predictions 2022: Insight from 5 experts. With more housing inventory to hit the market, the intense multiple offers will start to ease. Will prices continue increasing?

Housing Market 52

Housing Market Marketing Sellers Inventory 52

Housing Wire

FEBRUARY 11, 2021

Christensen has 17 years of mortgage industry knowledge, jumpstarting her career as a loan officer in 2003 until 2008 when she began to work with the many American families facing foreclosure due to the Great Recession. The focus of the Spring Summit is The Year-Round Purchase Market.

Loan Officers 211

Loan Officers Real Estate Technology Mortgage 211

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

JUNE 27, 2023

Mortgage business outlook Interest rates, loans falling through and lead generation were the three biggest challenges mortgage professionals expect to face in the third quarter out of 11 factors —including lender stability, staying motivated and relationships with Realtors. Amid an elevated rate environment, 50.6%

Mortgage 324

Mortgage Marketing Tools Open Houses 324

Housing Wire

NOVEMBER 10, 2020

” Such mortgages, infamous for atrocious credit standards and a lack of skin in the game on the part of borrowers, ushered in a collapse of the housing market, which triggered the Great Recession of 2008. But they were still hampered because lenders wouldn’t give them a loan. Realtors need to be your ally.”.

Business 424

Business Mortgage Investors Loan Officers 424

Housing Wire

DECEMBER 20, 2022

Forecasting another purchase market in 2023, Nguyen started using his proprietary software for something new – to pursue relationships with realtors. “I I never had to work with realtors, but now I spend a lot of time working with realtors – supporting them and partnering with them,” Nguyen said in an interview with HousingWire.

Business 74

Business Retail Realtors Loan Officers 74

Riverfront Appraisals

NOVEMBER 4, 2021

Welcome to the November edition of our blog series, The Loan Officer’s Guide to Appraisals. If you’ve been following our blog, you know that all year, I’ve been writing with the purpose of assisting loan officers to better understand the appraisal process.

Appraisal 78

Appraisal Loan Officers Appraisal Process Housing Market 78

Housing Wire

MAY 4, 2022

.” As news of the Fed’s decision circulated, the S&P 500, Dow and Nasdaq all rose and extended gains while Realtors, loan officers, mortgage brokers and other industry professionals considered the immediate ramifications on the housing market.

Supply Chain 393

Supply Chain Mortgage Tools Loan Officers 393

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 384

Clients Agents Buyers Sellers 384

Housing Wire

JANUARY 31, 2023

Read on for more about Marquis’s perspective on the housing market, business strategies for 2023, and his take on the loan level pricing adjustment (LLPA) fees. But that’s really what the market is here, at least at this moment. This interview has been condensed and lightly edited for clarity.

Inventory 330

Inventory Marketing Business Buyers 330