Insurance Lending Loan Officers Valuation 
Housing Wire
JUNE 6, 2022
Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5 loanDepot: Unknown.
Housing Wire
AUGUST 12, 2020
This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 Stay tuned for updates.
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Housing Wire
NOVEMBER 8, 2021
Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender. Although many listing agents do not want to work with VA loans, lenders, on the other hand, love them. From a lending perspective they are the easiest loan to work with,” Naumovych explained.
Appraisal Today
MAY 10, 2024
This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” The mortgage loan officer handling the loan? Was it the borrower? A Zillow Zestimate?
Housing Wire
JUNE 8, 2022
The firm’s software — which it says streamlines the loan origination process by allowing document sharing and communication between loan officers and real estate agents — helped to close more than 77,000 mortgage applications per month, according to Porch. So it’s like middle-office, later stage workflow.
Housing Wire
OCTOBER 7, 2020
Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.
Birmingham Appraisal
SEPTEMBER 15, 2022
A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. This form is what is used by most lending institutions for residential properties. What is a Mortgage Appraisal?
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