Housing Wire

JUNE 28, 2023

One consequence of mortgage lenders – and LOs, for that matter – being on the ropes is the lack of investment back into their business. Interestingly, 57% of the 166 respondents said they do not plan to invest in tech, services or solutions in the third quarter. Mortgage is famously an unforgiving, low-margin business.

Mortgage 370

Mortgage Retail Investing Open Houses 370

Housing Wire

SEPTEMBER 8, 2022

People who invest in technology often ask the question: is this a “nice to have,” or a “need to have?” Few have the resources to invest in technologies they don’t need. What’s the worst that can happen if we don’t invest in this technology?”. Mike is an experienced mortgage loan officer.

Business 432

Business Marketing Technology Tools 432

Housing Wire

MARCH 30, 2021

CreditXpert, a software solutions company, provides loan officers with the tools needed to help their clients reach their dream of homeownership. This allows the loan officer to focus on sales activities and provide their leads with better service. Technology can enable lenders to educate borrowers.

Loan Officers 441

Loan Officers Clients Tools Technology 441

Housing Wire

DECEMBER 21, 2021

If you take the temperature of how loan officers are feeling ahead of the holiday season, the scale would likely read “uneasy.” According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry.

Loan Officers 441

Loan Officers Retail Business Mortgage 441

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. It’s all to help ensure that they come back to us for their next loan or refer their friends and family.

Loan Officers 421

Loan Officers Retail Clients Real Estate Agent 421

Housing Wire

MARCH 29, 2024

Anna Frankowska was recognized in 2017 as one of Forbes’ “ 30 Under 30 ” in Europe, having studied economics in London before moving to work in investment banking. Wendy Peel, chief operating officer of Mortgage Advisor Tools , assisted with introductions to various players in the space, Frankowska said.

Mortgage 458

Mortgage Finance Insurance Tools 458

Housing Wire

MARCH 7, 2024

Given enough capital, you can build a lot of technology. We’ve been investing heavily in AI for years — we have more than 10 patents on data extraction from public record data. Real estate companies might want to engage with AI, they might want to use those tools. The second is prioritization of investment and resources.

Real Estate 431

Real Estate Investing Human Resources Technology 431

Housing Wire

OCTOBER 22, 2021

Built using Rocket technology, the pricing calculator helps LOs see loan scenarios side-by-side so they can deliver better options to their clients. They can share up to three loan options with clients on one screen to present the best options. Speed Sets Mortgage Brokers Apart From Competition.

Tools 384

Tools Clients Technology Real Estate Agent 384

Housing Wire

JANUARY 9, 2024

“The feedback (from the Fee Freedom initiative) has been incredible from brokers because it helped them to be able to save money on a monthly basis, spend on marketing, spend on tools and things that can help them grow their business,” Fawaz said in an interview with HousingWire on Tuesday.

Loan Officers 362

Loan Officers Real Estate Agent Tools Business 362

Housing Wire

MAY 16, 2022

Polly , a software-as-service mortgage technology firm that operates a loan-trading platform, integrated with six mortgage insurance providers to streamline the mortgage process for loan officers and mortgage lenders. .

Insurance 370

Insurance Mortgage Investors Tools 370

Housing Wire

JULY 20, 2021

That revenue is fuel to invest in and grow businesses. Increasing quality means less time wasted on leads that aren’t going to convert, allowing lenders and loan officers to spend their very limited and highly valuable time on business that will close and drive revenue. Investing today means winning in the future.

Loan Officers 315

Loan Officers Business Technology Marketing 315

Housing Wire

JULY 5, 2022

NP: To offset the challenges of today’s market, loan officers need competitive products to capture more opportunities, combined with good technology and platforms to help streamline their business, create a better customer experience and reduce expenses. It’s important to put your people first and to invest in their success.

Mortgage 384

Mortgage Loan Officers Business Technology 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. HW: What types of technology can lenders use to improve the borrower experience? When we fund your loan, I’m going to give you a homeowner portal. This is where Milestones fits in.

Home Value 421

Home Value Technology Clients Advertising 421

Housing Wire

JUNE 27, 2023

According to HousingWire ‘s Q3 2023 LenderPulse survey, industry workers said they would cut down on marketing spend and tools, as well as reduce additional headcount, if they had to further contain costs. About 57% of 166 respondents in the LenderPulse survey do not plan to invest in tech, services or solutions.

Mortgage 370

Mortgage Marketing Tools Open Houses 370

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].

Modernization 67

Modernization Technology Appraisal Mortgage 67

Housing Wire

NOVEMBER 2, 2020

By combining its extensive industry expertise with continuous investments in innovative, new capabilities, Black Knight is helping clients perform stronger in today’s highly competitive marketplace. Black Knight is a proven mortgage industry leader in servicing technology. Originations.

Lending 410

Lending Valuation Clients Tools 410

Housing Wire

AUGUST 12, 2020

Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. Also, there’s no doubt that the economic situation around the COVID-19 pandemic has placed pressure on lenders to offer remote solutions while keeping up with record loan volumes.

Investing 496

Investing Loan Officers Technology Development 496

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 ). LLR is not a newcomer to mortgage technology or the overall fintech market. In 2016 LLR led a $26.5 No surprise here.

Real Estate 384

Real Estate Brokerage Real Estate Agent Technology 384

Housing Wire

MAY 9, 2024

Rocket Companies , the parent company of Rocket Mortgage , hired its first chief technology officer this week, bringing former Thomson Reuters and Intel executive Shawn Malhotra into the fold. The hire is Rocket’s latest move to bolster its already robust investment in artificial intelligence. CC: Tell me more about Synopsis.

Clients 383

Clients Technology Tools Loan Officers 383

Housing Wire

MARCH 5, 2021

I have no problem if they want to work with [those two] but I’m not going to give you our proprietary technology, that’s not for people funding the competition of the broker channel,” Ishbia said. “UWM is closing loans in 16-17 days…In a purchase market you can’t miss the contract date. That’s our belief system.

Investors 397

Investors Real Estate Agent Loan Officers Technology 397

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. Some investment has also gone into the underwriting process. These investments will really begin to pay off in a purchase market that will foster greater competition for less volume. Yet, it usually is.

Marketing 352

Marketing Realtors HOA Technology 352

Housing Wire

FEBRUARY 3, 2023

Sometimes that means investing more heavily in growth areas and scaling back or stopping work in others.” The bank has 197 active loan officers and 12 branches across the country. It has offices in seven U.S. Origination volume for USAA Federal Savings Bank dropped 39% in 2022, declining to $5.17 billion from $8.47

Real Estate 74

Real Estate Lending Human Resources Insurance 74

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. That is a lot of technology and a lot of wasted effort. This interview has been edited for length and clarity.

Technology 410

Technology Real Estate Agents Design 410

Housing Wire

FEBRUARY 8, 2023

Now we face another inflection point as forward-thinking lenders come to view the borrower intelligence platform — BIP for short — as equally mission-critical technology. Measurement and Optimization: BIPs provide lenders with the data and tools to measure and adjust performance across the individual, branch and enterprise level.

Loan Officers 74

Loan Officers Technology Lending Transportation 74

Housing Wire

OCTOBER 6, 2020

Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used. With the advances we’re seeing in Artificial Intelligence, Machine Learning and Robotic Process Automation, we have become experts at configuring our technology to meet the changing needs of lenders.

Technology 450

Technology Mortgage Investing Investors 450

Housing Wire

SEPTEMBER 15, 2020

In July, DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction. Companies like Liveoak , which has financial institutions as customers, utilize web-based videoconferencing, identity verification and other tools to complete an auditable transaction remotely.

Business 491

Business Law Real Estate Investors 491

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. Technological connectivity The new generation of buyers is going all in on technology.

Real Estate Agent 415

Real Estate Agent Real Estate Project Management Agents 415

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

Loan Officers 370

Loan Officers Training Development Technology 370

Housing Wire

NOVEMBER 29, 2022

Given the market contraction and numerous layoffs in the industry, it may be surprising to think that loan officer recruitment and retention could be a focus for some lenders and independent mortgage banks right now. Loan officers tend to move shops for one of two primary reasons: pain or gain. Culture is the No.

Loan Officers 370

Loan Officers Investing Technology Mortgage 370

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

SEPTEMBER 8, 2023

Loan officers dread having to email an appraisal firm for the report they’re waiting on. Where automation can help It’s easy to think that investing in technology can solve some of our biggest communications bottlenecks. But most understand that there are a lot of phone calls, emails and texts exchanged.

Real Estate Agent 397

Real Estate Agent Real Estate Project Management Agents 397

Housing Wire

JULY 30, 2021

HousingWire recently sat down with Total Expert Director of Technology Alliances Josh Lehr to learn more about recent trends around direct-to-consumer lending. During the last year, lenders brought on more staff and implemented technology to originate historically high volumes of refinances due to record-breaking low rates.

Loan Officers 397

Loan Officers Lending Technology Tools 397

Housing Wire

AUGUST 4, 2023

Solid understanding of the market It doesn’t matter if you specialize in investment properties , second homes, condos, or single-family homes for first-time buyers. They won’t waste time on mismatched properties or investments beyond a client’s reach. So how comfortable are you with new real estate technology?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

AUGUST 23, 2021

However, this was a costly challenge considering that the ebb and flow of the market generally dictated how much an agent could invest in ramping up (or down). Here are a few examples of typical title agency processes generally addressed by staff today, but which soon could be managed efficiently and cost-effectively by AI tools.

Loan Officers 384

Loan Officers Agents Realtors Clients 384

PennyMac

SEPTEMBER 18, 2020

Purchasing, updating, and decorating your home was a big investment. Their advice was varied, but they all agreed that using a smart combination of the right tools, techniques, and safety measures is the key to protecting your home and family. With the explosion of home technology, home security systems have gotten much smarter.

Tools 36

Tools Technology Decorating Loan Officers 36

Housing Wire

JULY 9, 2021

Technology plays a big role. For those who choose not to work with agents, the trust must be transferred to the technology platform or other form of “automation” that is used in the process. . The task is best suited for advanced technologies, collectively referred to as AI and machine learning. In real estate, data is king.

Real Estate 450

Real Estate Business Valuation Technology 450

Housing Wire

NOVEMBER 7, 2023

This makes the POS more relevant as a loan manufacturing tool, giving loan officers and underwriters a more complete borrower and property profile sooner in the process. In servicing , the must-have capabilities are more comprehensive: core servicing, consumer, default and loan movement (onboarding, transfers, etc.).

Mortgage 410

Mortgage Loan Officers Valuation Tools 410