Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%

Technology 339

Technology Business Lending Training 339

Appraisal Buzz

APRIL 15, 2024

Lenders, Lender Technology Providers, Appraisal Management Companies (AMCs), Appraisal Software Providers, and Appraisers will need to devote time and resources to this evolution. This necessitates innovation and adaptation, potentially narrowing the technological and market advantage that existing providers might have had.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

FEBRUARY 1, 2024

As a refresher, “redlining” means that no matter the features or amenities that a home provides, if the home is in a neighborhood with Black residents (homeowners or renters), traditional (and more affordable) lending and insurance would be denied — although a few sub-prime options tend to circle these communities like sharks.

Real Estate 386

Real Estate Appraisal Insurance Training 386

Housing Wire

APRIL 30, 2021

As homebuyers increasingly demand personal, service-driven experiences with their mortgage providers, community lending teams are well-positioned to capture business via the strong relationships they excel at creating. Despite their unique strengths, community lenders face significant hurdles in competing with the industry’s mega-lenders.

Marketing 241

Marketing Technology Lending Business 241

Housing Wire

AUGUST 9, 2023

Unlike others that are more reactive to cyclical market conditions, we will continue to be aggressive in our technology and product investments. Companies that are not prepared for those events react late, hire late, train late and miss most of the opportunity,” Ishbia said. The company’s GAAP net income in Q2 was $228.8

Training 370

Training Mortgage Technology Investing 370

Appraisal Buzz

OCTOBER 18, 2021

My solution was to hire and train a few folks that could help me develop and support my workflow and processes. Having been an instructor on residential topics for a few years, I felt that the best way to go was to hire and train individuals that wanted to become appraisers. That is unfortunate and disingenuous.

Modernization 370

Modernization Valuation Appraisal Training 370

Housing Wire

FEBRUARY 25, 2022

The disputes involve Californian brokerage shops Kevron Investments Inc. HousingWire sent messages to Kevron Investments and Mid Valley seeking comments, but they did not immediately return the requests. and Mid Valley Funding & Inv. Inc and a request of $420,000 in damages. . The case was first reported by The Detroit News.

Contracts 370

Contracts Brokerage Investing Mortgage 370

Housing Wire

OCTOBER 26, 2020

In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions. “We We believe in being a true partner to our clients,” said John Hedlund, chief operating officer of AmeriHome.

Client Relationships 366

Client Relationships Clients Technology Business 366

Housing Wire

AUGUST 14, 2020

The company is seeking to fill positions in all four of its business channels – direct to consumer, JV/retail, wholesale and correspondent lending. Recent growth has created the need for additional staff in many corporate areas as well such as information technology, business intelligence, marketing and many others.

Human Resources 341

Human Resources Retail Training Lending 341

Clear Capital

SEPTEMBER 13, 2023

Great news for users of Encompass® by ICE Mortgage Technology®. What is Encompass by ICE Mortgage Technology? Encompass is a digital lending software available through ICE Mortgage Technology. Encompass is a digital lending software available through ICE Mortgage Technology.

Technology 36

Technology Valuation Mortgage Inspection 36

Housing Wire

JUNE 30, 2021

By continuing to invest in its platform, the Freedom Mortgage Wholesale Division is able to provide clients with loan processes and technology that deliver greater levels of control, speed and ease. Freedom Mortgage’s experienced account executives have an average tenure of 8.5

Mortgage 196

Mortgage Clients Training Government 196

Housing Wire

MAY 18, 2022

HW: How does Reverse Mortgage Funding help lending professionals educate themselves and their clients on the benefits of reverse mortgages in our current housing market? HW: How can a reverse mortgage allow older Americans to take advantage of their existing equity without selling at a loss?

Mortgage 393

Mortgage Clients Insurance Tools 393

Housing Wire

JANUARY 14, 2021

Investments in proper infrastructure, an innate fear of losing process control, and converting the workforce to a digitally savvy “knowledge force” have contributed to “digital apprehension” in the past. It has brought in interactive technology and cognitive business process tools as resiliency responses to the crisis.

Mortgage 477

Mortgage Technology Business Tools 477

Housing Wire

DECEMBER 16, 2021

They were trying to capitalize on the refinance boom,” said Cullen Gandy, a classically trained opera singer who had been hired as an LO at Interfirst and left in July. “I A $175 million investment from private holding company StoicLane in October would be used to grow operations and refine and develop new technologies.

Mortgage 356

Mortgage Loan Officers Retail Training 356

Housing Wire

AUGUST 23, 2023

Secondly, we are going to continue to invest in our technology and drive products, like One Day Mortgage, that are innovative and groundbreaking and drive the adoption of those products across the industry. That technology platform has helped us maintain best-in-class compliance and regulatory audits.

Realtors 363

Realtors Technology Insurance Mortgage 363

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.

Mortgage 413

Mortgage Loan Officers Lending Human Resources 413

Housing Wire

OCTOBER 29, 2021

Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted. We’ve invested hundreds of millions of dollars in leading-edge title technology – and our teams of top data scientists, inventors and engineers ensure our processes are as automated as possible.

Inspection 296

Inspection Technology Clients Tools 296

Housing Wire

JUNE 21, 2023

The core business will be conventional government lending, though TLS will create value-added products and services. Nunes: Another problem at Homepoint was the technology. Our core business needs to be conventional government wholesale lending. What will happen to this investment? I know it’s a challenging market.

Business 338

Business Lending Marketing Government 338

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. Its parent Rocket Companies rode the wave to a stunning $9.4 billion in profit in 2020 and $6.1 billion in 2021.

Loan Officers 361

Loan Officers Retail Real Estate Agent Real Estate 361

Housing Wire

AUGUST 6, 2020

The industry has been investing in digital for years with strong adoption of digital workflow in the application, processing, and underwriting phases. NA: The mortgage industry may seem simple at face value: a transaction of lending someone money to buy a home. Yet, adoption by closing and post-closing operations lagged considerably.

Mortgage 423

Mortgage Agents Investing Training 423

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

However, over the past year, my business has been changing rapidly as I shift away from lending work to non-lender work as my primary business. Without much training, I have started marketing our newly launched floor plan app specifically on social media. Influencer marketing remains a valuable investment when approached strategically.

Marketing 300

Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

OCTOBER 19, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Matt Lehnen, chief technology officer at Deephaven Mortgage , to talk about building a tech stack for non-QM loans. Lehnen has been at Deephaven for the past five years leading the technology team. SW: What are the particular advantages you offer brokers with your technology?

Technology 351

Technology Tools Investing Lending 351

Will Springer Realtor

JANUARY 16, 2024

Better known now as Fannie Mae, it began buying mortgages from banks and freeing up financial institutions to dramatically boost their lending power. However, lending guidelines established by the Federal Housing Administration (FHA) severely limited Blacks access to those mortgages. Martin Luther King Jr.,

Real Estate 53

Real Estate Law Legal Training 53

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. This ensures that the appraiser has undergone rigorous training, meets the state’s education requirements, and follows ethical guidelines in their practice.

Appraisal 70

Appraisal Agents Valuation Real Estate 70

Clear Capital

MAY 24, 2022

Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. As a leading real estate technology company, Clear Capital pioneers new advances in AVMs for mortgage lending. Real estate data is tough.

Housing Market 69

Housing Market Valuation Marketing Real Estate 69

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . also recognize the industry-changing potential of blockchain-enabled technology. .”

Technology 385

Technology Investing Investors Mortgage 385

McKissock

FEBRUARY 8, 2022

Buffini & Company share insights into how to build a winning team, from choosing the best team model to suit your needs to understanding, organizing, and training your team. This cover story, written by Buffini & Company—the nation’s largest business coaching company—addresses this question and more. Real Estate Tips.

Real Estate 52

Real Estate Training Law Government 52

Housing Wire

SEPTEMBER 27, 2021

That’s why a growing number of lenders are investing time and resources into developing and implementing robust social media compliance policies. Don’t let poor training on acceptable social media practices prevent your company from realizing the full potential these digital channels have to offer. Discussing Privacy Concerns.

Loan Officers 368

Loan Officers Training Development Technology 368

Housing Wire

SEPTEMBER 28, 2023

The mortgage lending industry exists to make home loans, not to repossess them. Many of the largest servicers have made major investments in automating their production platforms and workflow management systems. More importantly, technology is the ultimate fulcrum for “right-sizing” staffing levels. Nor should it be.

Legal 413

Legal Training Real Estate Business 413

Housing Wire

JANUARY 26, 2024

Marketing and Technology: The marketing strategies and technology tools provided for agents. Support and Training: The level of training, mentoring, administrative, and marketing support provided to agents. KW is known industry-wide as having some of the most comprehensive training programs for new agents.

Real Estate 396

Real Estate Brokerage Agents Real Estate Agent 396

Housing Wire

APRIL 20, 2022

As mortgage and capital markets become increasingly digital , most lenders, regardless of their lending strategy, will eventually need an eVault, because eVaults are a requirement for moving eNotes through the digital mortgage ecosystem. What steps should a lender take before investing in eVault technology?

Lending 313

Lending Investors Technology Business 313

Housing Wire

AUGUST 2, 2021

Aslan Home Lending Corporation. Vice President of Technology Services. Nexsys Technologies. JMAC Lending. VP, Sales Training. SVP, Chief Operating Officer of Investments & Capital Markets. Synergy One Lending. SVP, Correspondent Lending. Planet Home Lending. CEO and Co-Founder.

Insurance 393

Insurance Lending Realty Finance 393

Housing Wire

AUGUST 17, 2021

The question now is about other caps, such as the sale of investment properties and GSE limits on purchases via the cash window, and whether we’ll see any movement there. LS : Earlier this year the Federal Housing Finance Agency imposed a 7% cap on purchases of second-home and investment property mortgages from any one lender.

Investing 380

Investing Technology Business Finance 380

Housing Wire

DECEMBER 29, 2023

Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support. We’re laying the constant groundwork word doing the agent training. Whatever I have for me, I will do it for them as well.

Mortgage 441

Mortgage Loan Officers Inventory Business 441

Housing Wire

JANUARY 10, 2024

Leonhardt said that AmCap employees will participate in a two-week training program at CCM, with the integration expected to be complete in 45 to 60 days. We took the opportunity to regroup and invest back in the business at a down mark. 10, AmCap had only 43 sponsored LOs due to some having already transitioned to CCM.

Retail 357

Retail Mortgage Loan Officers Training 357

Housing Wire

APRIL 27, 2021

In many of those reviewed, there is a strong desire to keep appraisals and appraisers as key components of the mortgage lending process. Because Freddie and Fannie are such a large share of the market, their appraisal guidelines—forms and methods—become the de facto industry standards for residential mortgage lending.

Modernization 239

Modernization Appraisal HOA Valuation 239

Appraisal Today

SEPTEMBER 9, 2022

So they are paying investment value, not market value. Excerpt: Today, while there still remains some stickiness to the QC revision process, a recent survey completed by The STRATMOR Group commissioned by appraisal management technology company Reggora, indicates 25% of appraisal reports require some form of revision.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52