Housing Wire

MARCH 6, 2024

CMG’s financial wellness approach wins over each customer with a seamless combination of experienced human advisors and easy-to-use digital tools,” said Paul Akinmade, CMG’s financial chief marketing and strategy officer.

Loan Officers 345

Loan Officers Retail Tools Investors 345

Housing Wire

APRIL 23, 2024

Investor interest, product offerings When asked about investor interest, Krajewski said that partners are eager about the prospect of more companies entering the reverse mortgage business — especially firms that are well known to them. Too often, forward loan officers are just focused on their real estate agent partners.

Mortgage 321

Mortgage Loan Officers Investors Business 321

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 427

Mortgage Technology Tools Business 427

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 341

Insurance Mortgage Investors Tools 341

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 397

Mortgage Investors Legal Loan Officers 397

Housing Wire

MARCH 31, 2022

BH: There’s no question that non-QM is more difficult to originate than conforming or government loans, so many mainstream brokers and loan officers have been reluctant in the past to offer these products. And investor guidelines are continually evolving. And investor guidelines are continually evolving.

Marketing 339

Marketing Investors Technology Loan Officers 339

Housing Wire

NOVEMBER 22, 2023

As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process. SW: What keeps you up at night?

Appraisal 420

Appraisal Technology Modernization Real Estate Agent 420

Housing Wire

NOVEMBER 2, 2020

Black Knight offers several advanced capabilities that integrate with loan origination systems, including Empower, to help lenders do more in less time, while reducing costs. This interactive tool gives customers the ability to review information about their loans and easily perform tasks, such as making loan payments.

Lending 393

Lending Valuation Clients Tools 393

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 354

Technology Mortgage Tools Insurance 354

Housing Wire

JANUARY 27, 2021

They also offer a home equity platform for home equity loan applications and HELOCs under the same umbrella. Roostify’s latest funding round was led by Ten Coves Capital with returning investors Cota Capital, Mouro Capital , Colchis Capital , Point72 Ventures, and JP Morgan Chase.

Lending 342

Lending Technology Loan Officers Investors 342

Housing Wire

FEBRUARY 28, 2023

AC: It’s incredibly limiting, especially in the mortgage industry where there is a constant cadence of updates and changing guidelines from various regulators, GSEs or investors. We meet our customer partners at their point of need, using whatever origination system they choose, and deliver the tools they require to drive success.

Mortgage 302

Mortgage Architecture Technology Modernization 302

Housing Wire

NOVEMBER 14, 2022

Demand from investors is still solid, albeit more guarded. Self-employed borrowers, real estate investors and credit-worthy borrowers who have recovered from credit issues will always be in the market. Another key is that these loans are performing. Tom Hutchens: The non-QM space has evolved quite a bit in the past year.

Lending 365

Lending Investors Loan Officers Technology 365

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

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 414

Lending Loan Officers Business Investors 414

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). We’re looking at other aspects of the home-buying journey to build that out end to end.”.

Investing 495

Investing Loan Officers Technology Development 495

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 469

Business Law Real Estate Investors 469

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. .

Real Estate 376

Real Estate Investors Lending Loan Officers 376

Housing Wire

SEPTEMBER 14, 2020

Lenders must avail themselves of the best possible tools, but that’s only part of the solution. Lenders must constantly weigh the consumer’s experience against the compliance requirements handed down by regulators and investors. But when should the lender inject the loan officer or consultant into the process?

Lending 456

Lending Mortgage Technology Business 456

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 337

Real Estate Brokerage Real Estate Agent Technology 337

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 367

Loan Officers Training Development Technology 367

Listing Spark

FEBRUARY 16, 2023

Stallion Funding has established relationships with builders, land developers, and investors in the Austin area. With an expert team of loan officers, Stallion Funding provides loans based on the project and experience rather than credit score. She emphasizes the availability of her cell phone, which is never off limits.

Real Estate 36

Real Estate Investing Investors Lending 36

Assurance Financial

MARCH 2, 2022

The greatest success story I have is winning over the ‘never-adopters’ of the industry, comprised of mostly the loan officers. After a few months, however, these capabilities made the loan officers the heroes. This adoption across investors and regional offices will make a truly digital end-to-end experience.

Mortgage 36

Mortgage Loan Officers Technology Insurance 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 388

Loan Officers Mortgage Lending Real Estate Agent 388

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 366

Mortgage Loan Officers Valuation Tools 366

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 346

Housing Market Real Estate Agent Marketing Real Estate 346

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. Borrowers were not comfortable turning over their credentials to loan officers or processors.

Technology 450

Technology Mortgage Investing Investors 450

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. One measure of that risk is the applicant’s credit score.

Business 340

Business Loan Officers Training Tools 340

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

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. REO properties are attractive to homebuyers or real estate investors for several reasons. Step 2: Find a Lender and Discuss REO Financing.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

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). Be sure to prepare for that exciting undertaking with a home purchase loan pre-approval.

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. PMI is also important to many lenders because it enables them to sell loans to other investors.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Clear Capital

SEPTEMBER 29, 2021

And you know, many of the other studies or, you know, academic studies, using ABMs or using other tools to try to approximate appraisal value, but this is really looking at the appraisal data and not just the value itself, but but comp selection and things like that. And you should not be competing against 25 different investors.

Sellers 69

Sellers Agents Real Estate Buyers 69