Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. “A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said.

Housing Market 428

Housing Market Marketing Insurance Mortgage 428

Housing Wire

MARCH 11, 2024

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said.

Mortgage 384

Mortgage Loan Officers Real Estate Agent Design 384

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

Loan Officers 355

Loan Officers Mortgage Real Estate Agent Real Estate 355

Housing Wire

NOVEMBER 2, 2023

Meanwhile, Michael Strauss , its only loan officer, now has an inactive status on his license, according to the Illinois Department of Financial and Professional Regulation (IDFPR). Smart Rate marked Strauss’s return to the mortgage market after abruptly shuttering Sprout Mortgage in July 2022.

Business 417

Business Loan Officers Law Mortgage 417

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Consumers who are introduced to the HECM for Purchase loan option are often skeptical at best, with many thinking it’s too good to be true.

Finance 436

Finance Real Estate Agent Real Estate Insurance 436

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Strategies to differentiate themselves include buying leads, providing niche loans and getting on builders’ preferred lender list.

Loan Officers 391

Loan Officers Mortgage Inventory Clients 391

Housing Wire

FEBRUARY 15, 2024

The nation’s top loan officer Shant Banosian joined the board of directors at Healing Realty Trust , a healthcare-focused real estate investment company. In 2023, he closed $925 million in loan origination volume, with 1,617 loans, which put him as the top originator on Scotsman Guide ’s top originators list.

Realty 344

Realty Loan Officers Retail Real Estate 344

Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. Today’s market includes mortgage rates of above 6%, low inventory and elevated home prices, all contributing to affordability problems. last year.

Loan Officers 386

Loan Officers Real Estate Agent Real Estate Finance 386

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 356

Marketing Tools Loan Officers Finance 356

Housing Wire

APRIL 29, 2024

. “Customers of Republic Bank should continue to use their existing branches until they receive notice from Fulton Bank that it has completed system changes that will allow its branch offices to process their accounts as well,” the Federal Deposit Insurance Corp. billion in loans. Republic Bank is adding $5.3

Loan Officers 331

Loan Officers Insurance Mortgage Lending 331

Housing Wire

MAY 7, 2023

Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. As you can see in the chart below, there is a big difference between the current housing market and those looking for a repeat of 2008. While credit is stlll flowing for conventional loans, mortgage pricing has been bad.

Inventory 483

Inventory Housing Market Marketing New Listings 483

Housing Wire

OCTOBER 4, 2022

Closing fee-related compliance tool provider LodeStar is integrating with title insurance provider Stewart , the companies said Monday.

Human Resources 405

Human Resources Loan Officers Insurance Tools 405

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. It sets up a domino effect [for market activity].”

Housing Market 394

Housing Market Marketing Contracts Finance 394

Housing Wire

JANUARY 8, 2024

ICE Mortgage Technology — part of Intercontinental Exchange (ICE) – will be offering lenders access to investment advisory advice in its Encompass loan origination system (LOS) through a partnership with Halcyon , a tech firm specializing in advanced data integration. “In

Clients 383

Clients Investing Mortgage Technology 383

Housing Wire

MAY 26, 2022

In the midst of a competitive purchase market, it’s more important than ever to foster existing borrower relationships. According to Reich, a lot of success in this market will hinge on having strong referral partnerships. Real estate professionals and the mortgage professionals need to partner together,” Reich said.

Loan Officers 377

Loan Officers Finance Technology Insurance 377

Housing Wire

JANUARY 10, 2024

Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive. Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development.

Mortgage 404

Mortgage Lending Loan Officers Design 404

Housing Wire

NOVEMBER 18, 2021

United Wholesale Mortgage (UWM) rolled out a new purchase product that will waive mortgage insurance payments if a borrower opts for a 10%-or-more down payment. Once that happens, mortgage insurance is usually waived. But borrowers would be wise to note that they’ll get hit with higher interest rates.

Insurance 402

Insurance Loan Officers Retail Mortgage 402

Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based based think tank Urban Institute to hear their takes. In March, FHA Commissioner Julia Gordon made it a little cheaper.

Loan Officers 350

Loan Officers Insurance Mortgage Real Estate Agent 350

Housing Wire

APRIL 4, 2022

Over 80% percent of FHA purchasers are first-time homebuyers, and borrowers of color obtained over 40% of FHA loans last year, according to HUD. The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined.

Insurance 366

Insurance Loan Officers Sellers Mortgage 366

Housing Wire

JUNE 23, 2023

CrossCountry Mortgage (CCM), the nation’s third-largest retail mortgage lender, unveiled its latest initiative this week that is aimed at helping first-time homebuyers overcome the financial hurdles of purchasing a home in today’s competitive housing market. 5000 list of America’s fastest-growing private businesses.

Buyers 358

Buyers Retail Loan Officers Insurance 358

Housing Wire

MARCH 29, 2024

That, coupled with her interest in the demographic by seeing what her parents had gone through, made her want to understand why reverse mortgages have such unrealized market potential. market, and lessons learned to improve and work alongside existing companies.” But she has a lot of family living in the U.S.,

Mortgage 405

Mortgage Finance Insurance Tools 405

Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.” Stick around and see if mortgage rates climb into the 7% range.

Housing Market 370

Housing Market Marketing Mortgage Buyers 370

Housing Wire

OCTOBER 6, 2022

In light of macroeconomic market conditions, on Monday of this week we further restructured the mortgage operations group within our Keller Mortgage business,” Darryl Frost, a spokesperson at Keller Williams , wrote in an email confirming the layoffs. The May layoffs mainly impacted operations positions. “In During the week ending Sept.

Mortgage 367

Mortgage Real Estate Loan Officers Brokerage 367

Housing Wire

FEBRUARY 19, 2021

5 tips for buying a home in a seller’s housing market. A homebuyer’s guide to a competitive housing market. Home insurance hiccups. Your lender is going to require an adequate home insurance policy before they’ll close on your loan. There also may be cases when a home isn’t insurable. Low appraisals.

Insurance 532

Insurance Loan Officers Housing Market Appraisal 532

Housing Wire

OCTOBER 6, 2021

The loss was primarily driven by a “decrease in overall funding activities in the mortgage market” that resulted in a “significant” decline quarter-over-quarter of the company’s gain on sale margin. The filing revealed that refi loans made up 85% of funded loan volume for Better.com in last six months, while purchase volume was close to 15%.

Insurance 403

Insurance Investors Real Estate Loan Officers 403

Housing Wire

OCTOBER 28, 2021

With the most recent acquisition of Floify, Porch will expand “its early access to high-intent homebuyers who need key services including insurance, warranty and moving services,” the company said in a statement.

Mortgage 383

Mortgage Logistics Insurance Real Estate Agent 383

Housing Wire

DECEMBER 27, 2022

The fate of Federal Housing Administration (FHA)-backed mortgages in the ongoing downcycle housing market is being compared with a canary in the coal mine by several industry experts who track the sector and are seeing early warning signs of distress. Rick Sharga, executive vp of marketing at realtytrac. FHA Commissioner Julia Gordon.

Insurance 471

Insurance Home Value Mortgage Marketing 471

Housing Wire

OCTOBER 17, 2022

The HousingWire Annual Remix includes replays of the top sessions at the event like the fireside chat with FHFA Director Sandra Thompson and a panel on the marketing strategies around M&A activity. If you couldn’t attend HW Annual in person, or you just haven’t gotten enough, we hope you’ll join us on Oct. 20 for the HW Annual Remix.

Loan Officers 289

Loan Officers Insurance Technology Marketing 289

Housing Wire

NOVEMBER 1, 2021

thanks to a near $84 billion dollars in volume in the second quarter, Rocket sees this program as an opportunity to further increase market share. ” There are nearly 5,000 FDIC-insured banks and more than 5,000 credit unions in the U.S. . Already the leading originator in the U.S.

Mortgage 381

Mortgage Loan Officers Lending Technology 381

Housing Wire

MAY 11, 2021

The special purpose acquisition company market isn’t dead yet, apparently. Better.com, which offers mortgage, real estate, title and homeowner insurance through its digital platform, has entered an agreement to merge with Aurora Acquisitions Corp., billion in title insurance and $1.4 billion in homeowners insurance.

Valuation 368

Valuation Insurance Investors Loan Officers 368

Housing Wire

NOVEMBER 10, 2022

As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed 7%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve. .

Mortgage 367

Mortgage Loan Officers Lending Business 367

Housing Wire

FEBRUARY 24, 2021

This century has seen a rapid shift to a digital-first economy from the internet to portals to email marketing to smartphones to social media. This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases. VL: So many areas could benefit by embracing digitalization.

Real Estate Agent 297

Real Estate Agent Real Estate Agents Loan Officers 297

Housing Wire

APRIL 13, 2022

Movement Mortgage’s Divisional Leader, Kisha Weir , joined as a regional director with Movement’s first-ever acquisition, assuming responsibility for five new markets and has since helped propel the Pacific Northwest region to 2nd in volume with over $5.5 billion and ranked No. 1 in profit. billion in total volume.

Loan Officers 350

Loan Officers Insurance Mortgage Business 350

Housing Wire

JANUARY 4, 2023

For jumbo loans (greater than $647,200), rates remained at 6.12%. Consequently, lenders and loan officers have started 2023 at a low point, hoping a recovery will come in the second half of the year. The implementation, beginning February 1, 2023, intends to “minimize market and pipeline disruption,” the agency said.

Mortgage 523

Mortgage Loan Officers Insurance Investors 523

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth. “Now that we are licensed in 26 states, we can scale that pretty quickly.

Retail 376

Retail Loan Officers Brokerage Technology 376

Housing Wire

NOVEMBER 18, 2022

A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Modernizing origination to stay competitive in today’s housing market.

Loan Officers 403

Loan Officers Modernization Finance Housing Market 403

Housing Wire

MARCH 15, 2023

Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers. The company’s average mortgage loan was about $1.45

Mortgage 346

Mortgage Loan Officers Insurance Business 346