Housing Wire

JULY 12, 2023

Movement, which focuses on the distributed retail channel, was the 15th largest U.S. In August 2022, Movement hired two executives away from rival Fairway Independent Mortgage to boost the growth and development of its distributed retail sales team. A spokesperson for Movement declined to comment, as did Shelton. quarter over quarter.

Retail 370

Retail Development Finance Lending 370

Housing Wire

MAY 11, 2021

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. a blank check company sponsored by Novator Capital. The company generated $24.2

Valuation 397

Valuation Insurance Investors Loan Officers 397

Housing Wire

OCTOBER 13, 2021

Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. Interfirst was founded in 2001 as a retail originator but expanded to the wholesale channel in 2008 and the correspondent channel in 2011.

Mortgage 397

Mortgage Investors Investing Technology 397

Housing Wire

NOVEMBER 12, 2020

It now has over 3,000 employees, many of whom, about 500, are non-commissioned loan officers. Its backers include L Catterton , Activant Capital , Ally Financial , Goldman Sachs , Kleiner Perkins , Ping An Insurance , Citi and American Express. Better.com has raised $410 million since its founding.

Valuation 479

Valuation Loan Officers Retail Mortgage 479

Housing Wire

FEBRUARY 1, 2022

Purchase loans grew 39% last year to $39 billion, with the number of retail loan officers up by 18%. billion worth of conventional conforming loans in 2021, up from $79.9 Loan origination of FHA/VA/USDA loans was the second-largest share of the pie. Refinances represented 71.2% billion to $97.6

Advertising 370

Advertising Loan Officers Retail Insurance 370

Housing Wire

JUNE 6, 2022

Best known for its distributed retail footprint and its fair amount of business in correspondent and wholesale channels, NewRez/Caliber had 3.7% Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark. from the prior quarter.

Mortgage 421

Mortgage Loan Officers Lending Human Resources 421

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” It affected at least 50% of the staff, positions in operations and loan officers, according to multiple former employees. According to the tech mortgage platform Modex, Prosperity originated $11.2

Mortgage 370

Mortgage Loan Officers Lending Business 370

Housing Wire

FEBRUARY 3, 2022

Bose, from KBW, added: “Rocket is the biggest in the retail channel, United Wholesale Mortgage is the biggest in the broker channel, and Pennymac is the biggest in the correspondent channel. As pure-play retail mortgage lenders go, Guild has been a bright spot. Within those channels, each of them will continue to be dominant.

Mortgage 384

Mortgage Retail Finance Investors 384

Housing Wire

OCTOBER 12, 2021

At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance. For example, once the pandemic hit in early 2020, the retail industry was forced to adjust to lockdowns by making a bigger shift to e-commerce in order to sell online.

Lending 370

Lending Technology Investing Loan Officers 370

Housing Wire

MARCH 1, 2021

It’s much more efficient to reach a loan officer and input an application into the pipeline than ever before. In 2019, The MBA estimated that for depositories, 46% of retail origination costs were used to cover sales functions. But, to date, most of the streamlining has happened at the point of marketing and sales.

Marketing 327

Marketing Realtors HOA Technology 327

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. and/or its affiliates is located here.

Modernization 67

Modernization Technology Appraisal Mortgage 67

McKissock

APRIL 20, 2021

Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Of members surveyed, only 5 percent reported that real estate was their first career; 17 percent had a previous career in management, business, finance, sales or retail.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? The clarifications were made to long-standing policies in our Guides intended to ensure the borrower has sufficient property insurance coverage in the event of a loss, and the February announcements did not change these policies. Many cannot get standard insurance.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. The nation’s biggest banks stepped in to stabilize the lender with $30 billion of their own money, giving the Federal Depository Insurance Corporation time to find a buyer. After a weekend of negotiations, the FDIC sold First Republic to JPMorgan.

Marketing 370

Marketing Retail Mortgage Investors 370

Housing Wire

SEPTEMBER 28, 2023

I would say search engine optimization and customized websites for loan officers, those are areas where we’ve had some success. And the CRM — we have our main CRM for retail and a different one for wholesale. But now it’s like, we could have saved 59 loans if we would have followed this process: it means something.

Technology 458

Technology Loan Officers Lending Business 458

Housing Wire

MAY 1, 2023

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

JUNE 1, 2021

Retail Branch Manager. Genworth Mortgage Insurance. EVP, Retail Lending. Alterra Home Loans. Senior Loan Officer. See below for HousingWire’s 2021 list of Rising Stars, and click through for full profiles on each winner that detail their impressive accomplishments. Company Name. Adam Greene. Alec Hanson.

Retail 397

Retail Lending Loan Officers Finance 397

Housing Wire

JUNE 13, 2023

Rocket covers the mortgage insurance costs for buyers and puts no limit on the down payment assistance amount it’s providing to borrowers. Guild, a purchase-focused lender with a distributed retail model, delivered a $32.7 To qualify for Rocket’s ONE+ program , buyers must have an income of less than 80% of their AMI.

Buyers 421

Buyers Retail Mortgage Insurance 421

Housing Wire

AUGUST 8, 2023

(The FHFA’s conforming loan limit was a baseline of $647,200 in 2022, and $726,200 in 2023.) In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. Targeting jumbos made sense for Busch as he is based in Washington, D.C.,

Insurance 370

Insurance Mortgage Clients Lending 370

Housing Wire

OCTOBER 3, 2022

Empower, Black Knight’s loan origination system (LOS), offers an end-to-end digital platform that supports retail, consumer-direct, home equity, correspondent, wholesale and assumption channels – all in a single system. “A

Technology 370

Technology Loan Officers Modernization Retail 370

Appraisal Today

OCTOBER 14, 2022

Lenders want fire insurance for all mortgage loans. What if there is no insurance available, very limited coverage, or only very expensive insurance? Or insurance problems for flooding, hurricanes, or other natural disasters. For example, Florida homeowners have had many problems getting flood insurance.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

AUGUST 13, 2023

2023 E&O Insurance Brokers Risks of Expert Work by Claudia Gaglione, Esq A long article from Claudia with 4 very good case studies. retail residential mortgage applications, and has been conducted weekly since 1990. retail residential mortgage applications, and has been conducted weekly since 1990.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

OCTOBER 21, 2022

Check with your E&O insurance company to see if they offer tail coverage and what the requirements are. Some E&O Insurance companies offer free tail coverage with certain criteria, For example: Must be appraising for at least 20 years. Must be insured by the company for the past 5 consecutive years. Must be retiring.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Appraisal Today

MAY 12, 2023

The residential lending appraisal business depends on low-interest rates, the same as for loan officers. The insurance policies were based on reproduction cost, not replacement. retail residential mortgage applications, and has been conducted weekly since 1990. I had appraised many of the homes that burned down.

Appraisal 52

Appraisal Architecture Business Contracts 52

Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. Under MSAs, a lender or title insurer markets the services of a real estate agent or brokerage, and vice versa, in exchange for a set fee. For lenders and brokerages, the risks of LOs or agents overstepping are high.

Real Estate Agent 450

Real Estate Agent Loan Officers Real Estate Agents 450