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 437

Loan Officers Retail Business Mortgage 437

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

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.

Loan Officers 437

Loan Officers Clients Tools Technology 437

Housing Wire

MARCH 28, 2024

It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. Each lender is different and so their use of these tools will differ. Improvements in the way developers bring products to market have resulted in a flood of new tools and many lenders have invested.

Mortgage 462

Mortgage Technology Tools Business 462

Housing Wire

APRIL 18, 2024

It continued to contribute data and academic information about the reverse mortgage product and its potential use as a retirement planning tool. “We But as we’ve said from the very beginning, it takes loan officers sitting [face-to-face with advisers] to really get the message across.” We’ve got all the ammunition.

Loan Officers 427

Loan Officers Tools Mortgage Government 427

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 417

Loan Officers Retail Clients Real Estate Agent 417

Housing Wire

JANUARY 17, 2024

The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). In addition to improved cash flow throughout the life of the loan due to the optional repayment feature, 4 buyers also enjoy additional spending power with reverse purchase financing.

Finance 454

Finance Real Estate Agent Real Estate Insurance 454

Housing Wire

NOVEMBER 24, 2021

It means keeping the loan officer connected with their past clients after the transaction,” Graham said. We have over 7 million people that are connected to over 10,000 loan officers with this tool, and they truly are becoming clients for life,” he said. Graham describes the feature as “home search with a twist.”

Loan Officers 406

Loan Officers Clients Home Value Tools 406

Housing Wire

APRIL 8, 2024

After analyzing millions of federal and state records, Hunterbrook Media estimates that 8,682 loan officers at independent brokerages sent UWM more than 99% of their mortgages in 2023, with a total value of at least $11.7 UWM’s parent company non-GAAP adjusted net loss was $57.1 million in 2023, compared to a profit of $719.4

Loan Officers 409

Loan Officers Business Mortgage Brokerage 409

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. Not anymore.

Business 427

Business Marketing Technology Tools 427

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 454

Mortgage Finance Insurance Tools 454

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 313

Loan Officers Business Technology Marketing 313

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

Housing Wire

SEPTEMBER 5, 2023

What we’re trying to do at ICE is break down the various transactions where a borrower and a lender might interface and figure out how we can deliver a set of technology tools and solutions so that the borrower can get their loan — for purchase or refinance — as fast as possible with the least amount of cost.

Technology 395

Technology Mortgage Tools Insurance 395

Housing Wire

OCTOBER 22, 2021

Rocket Pro TPO supports broker partners in a number of ways by giving them tools, training, leads and referrals and industry knowledge that may be otherwise difficult for a small brokerage to access. In the midst of this serious housing shortage, brokers need tools to help them provide top-notch service to homebuyers. .

Tools 383

Tools Clients Technology Real Estate Agent 383

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 383

Mortgage Loan Officers Business Technology 383

Housing Wire

MARCH 7, 2024

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. SW: How is First American leveraging AI?

Real Estate 427

Real Estate Investing Human Resources Technology 427

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.

Valuation 391

Valuation Real Estate Agent Real Estate Clients 391

Housing Wire

DECEMBER 3, 2021

While borrowers can shop online these days and follow an automated experience, it doesn’t equate to working with a seasoned professional loan officer and learning what to expect first-hand. Clients have seen positive yields in their investments which will allow for larger down payments and stepping up in purchase price.

Inventory 383

Inventory Loan Officers Clients Mortgage 383

Housing Wire

JANUARY 19, 2023

The nascent mortgage company, however, has only one loan officer registered and no loan origination volume so far, according to the mortgage tech platform Modex. That tool canceled benefits retroactively back to May but that may have been sorted out forcefully.” (The Michael Strauss’s Smart Rate?

Mortgage 395

Mortgage Investors Legal Loan Officers 395

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 492

Investing Loan Officers Technology Development 492

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. This interactive tool gives customers the ability to review information about their loans and easily perform tasks, such as making loan payments.

Lending 407

Lending Valuation Clients Tools 407

Housing Wire

SEPTEMBER 29, 2020

You’ve probably staffed up on loan officers equipped to handle this influx, and you may be shunning riskier, less immediately gratifying business. You’ve brought on processors, underwriters and loan officers to accommodate the rise in refi volume, and perhaps that includes some wild incentive plans based on how much they can handle.

Lending 427

Lending Loan Officers Business Investors 427

Housing Wire

AUGUST 31, 2020

Each package included some of the tools and ingredients needed to bake and share a batch of chocolate chip cookies. Jose Zuniga, a loan officer assistant based in Yakima, Wash., Administrative assistant Denise Piccirello in Phoenix, Ariz., and his wife set a goal to bake a minimum of 1,000 cookies per day for an entire week.

Mortgage 383

Mortgage Loan Officers Tools Investing 383

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. In this market , when transactions are few and far between, lenders need another set of tools that extend that value proposition well-beyond the closing table.

Home Value 417

Home Value Technology Clients Advertising 417

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. “Our job is to give [brokers] the tools to compete. I don’t like that. Let’s win together as a family, as a team,” Ishbia said.

Investors 395

Investors Real Estate Agent Loan Officers Technology 395

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 351

Marketing Realtors HOA Technology 351

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

Listing Spark

FEBRUARY 16, 2023

They also talk about the different types of financing available and how to structure a successful real estate investment. About Stallion Funding Stallion Funding is a hard money lender offering creative financing solutions for real estate investments and projects. We want them to feel like we’re a team.”

Real Estate 36

Real Estate Investing Investors Lending 36

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 382

Clients Technology Tools Loan Officers 382

Housing Wire

FEBRUARY 8, 2023

Sometimes mistaken for a lead-generation tool or customer relationship management (CRM) platform — but only by the uninitiated — a BIP enhances, rather than replaces, a lender’s existing technology investments by putting data in the driver’s seat of every sales and marketing engagement.

Loan Officers 74

Loan Officers Technology Lending Transportation 74

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 383

Real Estate Brokerage Real Estate Agent Technology 383

Housing Wire

SEPTEMBER 15, 2020

Digital notary platform Notarize also closed on a $35 million Series C round of funding in March, raising a total of $82 million with investments from real-estate focused venture capital firm Camber Creek , Boston-based Polaris Partners , and other existing strategic investors.

Business 487

Business Law Real Estate Investors 487

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. Our goal is to provide customers with a complete understanding of every U.S.

Modernization 67

Modernization Technology Appraisal Mortgage 67

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