Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market. UWM also is pressuring competitors via prices.

Mortgage 370

Mortgage Real Estate Agent Real Estate Clients 370

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

OCTOBER 1, 2021

Stevens, President at SRE.com, about the challenges mortgage loan officers and brokers face as the market continues to shift toward purchase money business and how human-assisted eCommerce can help them win more business. HousingWire recently spoke with John G. HousingWire: Why should referrals be a key part of originators’ strategies?

Business 418

Business Loan Officers Real Estate Agent Real Estate 418

Housing Wire

FEBRUARY 1, 2023

The loan will cover an 11-month maximum build period with a one-month modification. It is available for investment, primary and second home purchases as well as rate/term refinances. These areas of compliance fall under the umbrella of regulators such as the Consumer Financial Protection Bureau (CFPB) and the U.S.

Construction 397

Construction Real Estate Agent Loan Officers Legal 397

Housing Wire

FEBRUARY 16, 2024

We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. RA: We joke that we’re kind of control freaks and feel we have invested in the right things. SW: How does this acquisition fit in with New American Funding’s overall strategy?

Loan Officers 421

Loan Officers Retail Clients Real Estate Agent 421

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years.

Architecture 397

Architecture Real Estate Agent Loan Officers Real Estate 397

Housing Wire

MARCH 15, 2022

The key to winning purchase business in 2022 remains as it was in 2021, the year before that, and the year before that – building and maintaining relationships with real estate agents. “The agent is crucial,” he added. Build a digital brand using TikTok, Facebook, Youtube, and Instagram.”.

Realtors 441

Realtors Real Estate Agent Real Estate Agents 441

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.

Valuation 394

Valuation Real Estate Agent Real Estate Clients 394

Housing Wire

APRIL 17, 2023

At a mortgage brokerage joint venture, loan officers generally get paid a lower base salary than counterparts at traditional lenders and may get a smaller commission because the LO is doing less work finding customers since there are greater real estate agent referrals.

Brokerage 384

Brokerage Real Estate Agent Business Loan Officers 384

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. And why is this so important?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

JANUARY 9, 2024

households that provides visibility into everything that went into a transaction — real estate agents, loan officers, lenders, title agencies and borrower details, according to MMI’s website. “If MMI’s data covers information on mortgage transactions covering more than 95% of U.S.

Loan Officers 362

Loan Officers Real Estate Agent Tools Business 362

Housing Wire

JUNE 1, 2023

The FHFA also argues that the targeted fee eliminations based on income, not credit score, are primarily supported by higher fees on loans for second homes, investment properties and cash-out refinancings. Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all?

Loan Officers 370

Loan Officers Insurance Mortgage Real Estate Agent 370

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. How much of your sales is investment properties versus first-time homebuyers?

Marketing 384

Marketing Mortgage Inventory Loan Officers 384

Housing Wire

OCTOBER 28, 2021

In 2021, Floify’s software, which streamlines the loan origination process by allowing document sharing, and communication between LOs and real estate agents, has helped over 77,000 mortgage applications close each month, according to Porch. The acquisition cost Porch about $76.5

Mortgage 397

Mortgage Logistics Insurance Real Estate Agent 397

Housing Wire

NOVEMBER 22, 2022

“Over the years, we’ve been more focused on organic growth, one loan officer at a time,” said Mike Brennan, who became Movement’s president in January 2021. Brennan said purchase loans declined from 90% of the mix prior to the pandemic, to 67% during the pandemic.

Loan Officers 384

Loan Officers Retail Business Mortgage 384

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 466

Real Estate Agent Loan Officers Real Estate Agents 466

Housing Wire

MARCH 5, 2021

In the announcement, UWM said that the decision came in response to Rocket Mortgage and Fairway participating in actions including soliciting loan officers away from brokers and working directly with real estate agents to cut brokers out of the entire process, a narrative that is far from new.

Mortgage 504

Mortgage Marketing Real Estate Agent Loan Officers 504

Housing Wire

JUNE 30, 2021

With this unwavering focus, we help brokers close loans fast, get referrals and grow their business,” Chief Operating Officer Melinda Wilner said. The no-cost solution allows brokers to submit applications, price out loans, eSign documents and helps make the experience smoother for borrowers and real estate agents.

Tools 306

Tools Training Technology Clients 306

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’

Real Estate 384

Real Estate Brokerage Real Estate Agent Technology 384

Housing Wire

MARCH 30, 2022

But for First American, its shrewd investments in rising proptech companies are a core business strategy. By the end of 2021, the firm said it had invested in 20 proptech companies and its venture investments had produced $355 million in gains. Two examples of investments we have made in this space are Vesta and Polly.

Mortgage 370

Mortgage Real Estate Investing Technology 370

Housing Wire

NOVEMBER 1, 2021

If you’re planning on staying in the mortgage business in 2022, you’re probably already shifting your strategy to better enable you to originate purchase money loans next year. That means you’ve been thinking about real estate agents…a lot. It’s the real estate agent who has the consumer’s trust at this point.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Lending 421

Housing Wire

OCTOBER 22, 2021

There are many more moving pieces and loan originators spend a great deal of time communicating with clients and their real estate agents. They can share up to three loan options with clients on one screen to present the best options. Purchase originations demand more of brokers’ resources than a refinance.

Tools 384

Tools Clients Technology Real Estate Agent 384

Housing Wire

APRIL 10, 2023

From our perspective, it’s time to get busy investing in relationships and playing the long game, while weathering the storm. Technology that creates stronger relationships with real estate agents/professionals is also critical, as these relationships typically provide the lion’s share of a lender’s borrower leads/opportunities.

Home Value 421

Home Value Technology Clients Advertising 421

Housing Wire

MARCH 5, 2021

Rocket goes to real estate agents directly and helps them to get licensed to be a loan officer and says ‘we’ll pay you a fee if you don’t send to brokers’… that’s not good for brokers. UWM will require its broker partners to sign an addendum by March 15 that says they will not work with Rocket or Fairway.

Investors 397

Investors Real Estate Agent Loan Officers Technology 397

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Running the table in a real estate transaction is not for the faint of heart, nor for the passive.

Real Estate Agent 415

Real Estate Agent Real Estate Project Management Agents 415

Lamacchia Realty

JANUARY 23, 2023

This is when you will meet a loan officer from various mortgage companies. Each mortgage lender will scrutinize your financial background and use this info to determine whether to loan you money and what size monthly payment you can afford. Step 4: Find a real estate agent. Step 7: Get a home appraisal.

Real Estate Agent 71

Real Estate Agent Inspection Realty Real Estate 71

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. It’s an investment for the long term, strategically building the broker channel.” Multibillion dollar investment.

Investing 410

Investing Loan Officers Retail Mortgage 410

Genworth MI Blog

JANUARY 24, 2019

Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud. Failure of loan officer/processor/underwriter to disclose pertinent info which could negatively impact the decision. Lack of due diligence by loan officers or others involved in process.

Loan Officers 78

Loan Officers Mortgage Buyers Real Estate Agent 78

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time. I thought it was sparse.

Lending 397

Lending Real Estate Agent Loan Officers Retail 397

Genworth MI Blog

JANUARY 24, 2019

Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud. Failure of loan officer/processor/underwriter to disclose pertinent info which could negatively impact the decision. Lack of due diligence by loan officers or others involved in process.

Loan Officers 60

Loan Officers Mortgage Buyers Real Estate Agent 60

Cornerstone

MAY 4, 2021

It’s true that some repairs may be needed, but it’s a smart move to consult with a real estate agent to find out which improvements are important — and which might not make a difference to prospective buyers. No need to over-invest in your house by making updates homebuyers may not be looking for anyway.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41

Housing Wire

OCTOBER 7, 2022

Williams IV, founder and CEO of Percy.ai, about what housing professionals can do to improve their deal flow despite the turbulence of the current housing market, and how investing in valuable data insights could be the key to success. . Well, there are fintech solutions that allow you to invest fractionally in a home. Only got $1000?

Housing Market 384

Housing Market Real Estate Agent Marketing Real Estate 384

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Mike, a North Carolina-based loan officer, had two loans closing in mid-January. The contrast between the deals was striking. “I have a loan closing today for first-time homebuyers who didn’t really press me on pricing,” he said.

Loan Officers 432

Loan Officers Mortgage Lending Real Estate Agent 432

Realtor

OCTOBER 21, 2016

If you uncover structural issues, talk with your real estate agent about getting repair estimates before making an offer. . Properties without clean, safe drinking water can be especially problematic for VA loans. Talk with your loan officer to determine whether any additional testing or inspections will be required.

Buyers 78

Buyers Inspection Loan Officers Real Estate 78

PennyMac

OCTOBER 13, 2021

Here's why he thinks video marketing is essential for all real estate sales. Using videos is the fastest way a real estate agent can stand above their competitors. Here's the deal — real estate relies heavily on visuals and humans are [visually curious] by nature. Not sure where to start?

Real Estate 41

Real Estate Marketing Real Estate Agent Agents 41