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 411

Lending Loan Officers Business Investors 411

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 426

Mortgage Technology Tools Business 426

Housing Wire

JANUARY 27, 2021

Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process. Many loan officers who may not have in the past sought to engage with customers digitally.

Lending 349

Lending Technology Loan Officers Investors 349

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. The Smart Rate website mentions that the mortgage lender offers purchase and refinancings, jumbo, FHA, adjustable, bank statement and investors loans.

Mortgage 393

Mortgage Investors Legal Loan Officers 393

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. We recently spoke to Bao Huynh, Director of Business Development at LoanScorecard, about these changes and the challenges of originating non-QM loans. And investor guidelines are continually evolving.

Marketing 343

Marketing Investors Technology Loan Officers 343

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 358

Technology Mortgage Tools Insurance 358

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. “Our investors understand our history of growing in all markets.

Investors 387

Investors Real Estate Agent Loan Officers Technology 387

Housing Wire

AUGUST 12, 2020

The company also was attracted to having a strategic investor such as Canapi, a $545 million fund which was co-founded by Gene Ludwig (founder of Promontory Financial Group ) and Chip Mahan ( Live Oak Bancshares CEO). Virtually every aspect of mortgage lending can be improved through digitization,” Mayopoulos added.

Investing 488

Investing Loan Officers Technology Development 488

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 ). With efficiency metrics and client outcomes like these it’s no surprise that the company continued to attract capital and investor interest.

Real Estate 343

Real Estate Brokerage Real Estate Agent Technology 343

Housing Wire

JUNE 24, 2021

As the market moves into a post-refi-boom era, loan officers face tough competition for purchase loans. HousingWire recently spoke with William Tessar, president of Civic Financial Services , about the private lending space and how LOs can benefit from serving real estate investors. .

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Real Estate Investors Lending Loan Officers 376

Listing Spark

FEBRUARY 16, 2023

Episode Summary Julie Daniels subs in for host Aaron Jistel and Rachael Holladay, VP of Lending at Stallion Funding. About Rachael Holladay Rachael Holladay is the VP of Lending at Stallion Funding, a real estate and hard money lending firm. She has been with the company for 12 years and enjoys helping her clients be successful.

Real Estate 36

Real Estate Investing Investors Lending 36

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 389

Loan Officers Mortgage Lending Real Estate Agent 389

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 368

Loan Officers Training Development Technology 368

Housing Wire

OCTOBER 7, 2022

The truth is there are more and more tech elements out there that help real estate investors, be it potential homebuyers, cash-only buyers or iBuyers. HW: How can real estate agents and loan officers collaborate to foster strong relationships with clients despite rising rates? being brought into existence.

Housing Market 352

Housing Market Real Estate Agent Marketing Real Estate 352

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Lending technology out of focus. In other cases, the loan officers didn’t trust the technology.

Technology 441

Technology Mortgage Investing Investors 441

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 368

Mortgage Loan Officers Valuation Tools 368

Housing Wire

APRIL 24, 2023

For lenders, the secret to higher profitability lies in reducing the GSE ’s Loan Level Price Adjustments (LLPA), which is possible by improving credit scores. If you look at the new LLPA tables, you’ll see that the investors reward lenders for lending to less risky borrowers. Managers can have an overview of the entire process.

Business 346

Business Loan Officers Training Tools 346

Assurance Financial

JUNE 15, 2023

Its purpose is to provide liquidity and stability to the housing market by buying mortgages from home loan lenders and securitizing them into mortgage-backed securities (MBS) that are sold to investors. housing market, and their actions have had a significant impact on the availability and cost of home loans for American borrowers.

Government 36

Government Housing Market Mortgage Investors 36

PennyMac

OCTOBER 13, 2021

Another must-have selling tool, particularly during the pandemic, is the 360° virtual tour. A niche could be a geographic area or clientele (such as first-time buyers, relocation specialists, or investors). Hear about your options with a PennyMac Loan Officer today. Also, image and brand consistency [are] important.

Real Estate 41

Real Estate Marketing Real Estate Agent Agents 41

Assurance Financial

NOVEMBER 28, 2023

A mortgage is a critical tool to have — it allows you to become a homeowner without putting down hundreds of thousands of dollars on the spot, and it lets you pay off your loan over time. Interest Interest is the amount charged on the principal because the lender is loaning you the money.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Clear Capital

SEPTEMBER 29, 2021

” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon. And so Ribbon offers a suite of tools and technologies for real estate agents to use with their clients, to help them manage and write offers in unique new ways.

Sellers 69

Sellers Agents Real Estate Buyers 69