Housing Wire

FEBRUARY 24, 2021

HousingWire recently spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey. HW: How has the financial industry’s response to COVID accelerated the need for digital tools?

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Real Estate Agent Real Estate Agents Loan Officers 288

Housing Wire

NOVEMBER 18, 2022

Don’t be fooled by last week’s mortgage rate collapse. 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. And don’t expect the layoffs to stop anytime soon.

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Loan Officers Modernization Finance Housing Market 405

Realtor

OCTOBER 16, 2023

“Doing your due diligence can help you avoid some of the most common rookie mistakes, so you come out not only with the home of your dreams, but also a mortgage you can afford.” Here are some common blunders homebuyers make when attempting to secure a mortgage.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. “According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

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Valuation Real Estate Agent Real Estate Clients 298

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. The mortgage industry has been moving in the direction of being more digital. mortgage market by origination volume, according to HMDA data.

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Investing Loan Officers Technology Development 495

Housing Wire

FEBRUARY 3, 2023

San Antonio, Texas-headquartered USAA eliminated 130 positions in the real estate lending group amid projections that the mortgage industry will shrink in 2023. in 2021, mortgage data platform Modex showed. of the total volume in 2021, its origination shifted toward purchase mortgages, which accounted for 73.1%

Real Estate 69

Real Estate Lending Human Resources Insurance 69

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Consumer loans such as mortgages and other financial documents require notarization. insurance companies, including home and auto providers.

Business 467

Business Law Real Estate Investors 467

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].

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Modernization Technology Appraisal Mortgage 67

Assurance Financial

MARCH 2, 2022

Why Market Adoption is Critical to the Success of Mortgage Process Digitization. Katherine Campbell, Chief Digital Officer at Assurance Financial, shares her tips for achieving mortgage process digitization and handling market adoption. After a few months, however, these capabilities made the loan officers the heroes.

Mortgage 36

Mortgage Loan Officers Technology Insurance 36

Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. But the fact is that it takes an average of 47 days to close a mortgage (according to Ellie Mae as of September 2020 ). There’s just a lot more to a purchase mortgage. More emotion.

Marketing 239

Marketing Realtors HOA Technology 239

Genworth MI Blog

AUGUST 31, 2022

Foster : AVMs are a tool that can be used to see if potential comparable sales were overlooked. This tool is not used as a decision-maker, but helps the appraisal reviewers confirm the appraiser completed a comprehensive and up-to-date look at the subject property and that all relevant sales were considered.

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Inspection Appraisal Marketing Appraisal Process 78

Housing Wire

MARCH 11, 2024

In a competitive market where most borrowers are mortgage rate shopping, credit optimization can be the difference between closing a loan or losing out to an offer from a competitor. HW: CreditXpert has been in the industry since the early 2000s with tools like Wayfinder and What-if Simulator, why introduce a new platform now?

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Buyers Tools Mortgage Lending 391

PennyMac

MAY 12, 2022

A 30-year mortgage has long been the industry norm, and for good reason: It allows homebuyers to spread the loan out over a long period of time and keep payments as low as possible. But now that interest rates are still close to near historic lows, 15-year mortgages are becoming more popular. Is a 15-year mortgage right for you?

Mortgage 36

Mortgage Finance Property Taxes Loan Officers 36

Assurance Financial

NOVEMBER 28, 2023

Taking out your first mortgage is a huge life step. A mortgage is a critical tool to have — it allows you to become a homeowner without putting down hundreds of thousands of dollars on the spot, and it lets you pay off your loan over time. About 96% of first-time homebuyers finance the purchase with a mortgage.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Housing Wire

SEPTEMBER 28, 2023

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. Of course, if I had to go back and pick a point in time that really changed mortgage data, it was the 2008 mortgage crisis and the regulations that followed.

Technology 406

Technology Loan Officers Lending Business 406

Assurance Financial

JUNE 15, 2023

Fannie Mae and Freddie Mac are two government-sponsored entities (GSEs) that play a significant role in the United States housing market by providing liquidity to the mortgage market. By purchasing mortgages from lenders, Fannie Mae helps to ensure that there is a steady supply of mortgage funds available to homebuyers.

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Government Housing Market Mortgage Investors 36

Housing Wire

OCTOBER 29, 2021

This week’s HW+ spotlight features Mark Jones, co-founder and CEO at Amerifirst Home Mortgage. Jones was also recently installed as vice chairman of the Mortgage Bankers Association for the 2022 membership year. As such, we were one of the few lenders in the country that refused to offer subprime loans. It was rough.

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Loan Officers Insurance Business Finance 299

Assurance Financial

MARCH 1, 2021

Fortunately, not every mortgage loan requires a sizeable down payment. Discuss your situation with mortgage lenders who can let you know how much of a loan you may be eligible for. Your total housing expenses may include: Your mortgage principal and interest. Homeowners insurance. Real estate taxes.

Landlords 45

Landlords Insurance Mortgage Transportation 45

PennyMac

DECEMBER 22, 2020

In order to become an REO property, it must go through these general steps: Loan Default. The homeowner/borrower defaults on (fails to make) their mortgage payments for a certain length of time, with the qualifying amount usually specified in the mortgage terms. Some of these tools are free to use, while others may charge a fee.

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Inspection Real Estate Agent Real Estate Agents 69

Housing Wire

SEPTEMBER 21, 2023

They can use pieces and parts and connect other solutions to it, whether that’s their own tools or a third-party partner that can connect to an API layer. SW: We’re seeing an increased use of AI at a very individual level, where agents are using AI tools for things like marketing and scheduling.

Technology 373

Technology Real Estate Agents Design 373

Housing Wire

JULY 9, 2021

Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. Does your CRM hurt or help the customer experience?

Real Estate 450

Real Estate Business Valuation Technology 450

AmeriMac

MARCH 29, 2024

Reverse mortgages are becoming an increasingly popular financial tool for homeowners over the age of 62 who want to access equity in their homes. One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan.

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Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Appraisal Today

OCTOBER 14, 2022

Additionally, the tools available to both appraisers and appraisal reviewers have undergone iterative process changes and users have advanced further up the learning curve. NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. My personal risk is earthquakes.

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Appraisal Insurance Real Estate Business 52

Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard.

Appraisal 74

Appraisal Contracts Real Estate Agent Mortgage 74

Clear Capital

SEPTEMBER 29, 2021

And you know, many of the other studies or, you know, academic studies, using ABMs or using other tools to try to approximate appraisal value, but this is really looking at the appraisal data and not just the value itself, but but comp selection and things like that. Sellers always prefer a cash offer over a mortgage-backed offer.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

NOVEMBER 5, 2020

The National Association of Mortgage Brokers inaugurated Kimber White as its new president during the virtual NAMB National 2020 conference. White is a partner at RE Financial Service and has been an active member of the mortgage industry for more than 30 years. HousingWire: What’s the biggest challenge for mortgage brokers right now?

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Mortgage Loan Officers Tools Training 458