Housing Wire

JULY 20, 2021

Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. After a season of high refinance volume, what is next for the mortgage industry and how can originators stand out amongst the competition? Changing Borrower Activity.

Marketing 370

Marketing Lending Government Renovations 370

Housing Wire

MARCH 31, 2022

Non-QM, like any mortgage product, is affected by interest rate fluctuations. But it may not be as sensitive as the more traditional refinance market. So, non-QM refinance may be a little more resilient. As GSE refinances dry up, many traditional lenders and brokers are aggressively adding non-QM programs to replace refi volume.

Marketing 382

Marketing Investors Technology Loan Officers 382

Housing Wire

AUGUST 17, 2022

The bank, which operates a mortgage-lending unit, along with its holding company, Eagle Bancorp Inc., During this Lunch & Learn, expert panelists share insights on the hazards to watch for when growing your share of the market and more. have agreed to pay a total of $22.9 The bank agreed to pay a $9.5 Presented by: GQ Ally.

Lending 372

Lending Government Investors Law 372

Housing Wire

NOVEMBER 23, 2022

Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. in the second year. in the second year.

Buyers 473

Buyers Marketing Sellers Loan Officers 473

Housing Wire

JANUARY 14, 2022

While layoffs sweep the mortgage industry, particularly consumer-direct lenders, non-qualified mortgage (non-QM) lenders are going on a hiring spree. Non-QM lenders Angel Oak Mortgage , Acra Lending and Newfi alone currently have at least 130 openings on jobs listings sites. Riches in the niches. trillion in 2022.

Lending 386

Lending Loan Officers Real Estate Mortgage 386

Housing Wire

DECEMBER 22, 2021

His articles always dive into all sorts of housing and mortgage data, which helps me keep a pulse on where the market is at and where it may be headed. And finally, we use our digital mortgage app at Guaranteed Rate, which helps us stay on top of loans even when we are on the go. HousingWire: When do you feel success in your job?

Clients 370

Clients Technology Tools Business 370

Housing Wire

NOVEMBER 2, 2023

Amid the most challenging mortgage market in decades, Rocket Companies , the parent of Rocket Mortgage , remained profitable in the third quarter of 2023, showing higher margins in the direct-to-consumer and wholesale channels. His speech is aligned with the company’s strategy to become a fintech. Rocket generated $22.2

Technology 421

Technology Tools Business Mortgage 421

Housing Wire

AUGUST 8, 2022

HousingWire recently spoke with John Jeanmonod, Regional Vice President of Sales at Angel Oak, about non-QM lending and the outlook for the second half of 2022. HW: What strategies can loan officers employ to win with non-QM in the second half of 2022? Non-QM lenders have been going through a turbulent time in the past few months.

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Lending Loan Officers Training Investors 380

Housing Wire

JULY 29, 2021

The average 30-year fixed-rate mortgage increased slightly to 2.80% for the week ending on July 29, halting a streak of weekly declines, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The 15-year fixed-rate mortgage decreased two basis points from last week, averaging 2.10% for the week ending on July 29.

Mortgage 421

Mortgage Valuation Investors Housing Market 421

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. Better wants to sell this platform to other companies, becoming a “mortgage-as-a-service” company or a white-label provider of mortgage tech, Garg said. ” And what is Better.com best at?

Realtors 370

Realtors Technology Insurance Mortgage 370

Housing Wire

NOVEMBER 16, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler , CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. This interview has been edited for length and clarity. Sarah Wheeler: UWM develops all their software in-house.

Technology 441

Technology Training Development Mortgage 441

Housing Wire

AUGUST 30, 2021

Refinances also saw a surge. Following the lead of telemedicine and district-wide online classrooms, other professionals who never thought their business could transfer to video learning found a way. Another key takeaway – and a constant theme during the pandemic – is how technology liberated consumers and professionals alike.

Real Estate 384

Real Estate Technology Business Buyers 384

Housing Wire

SEPTEMBER 29, 2021

HousingWire: We know that credit is one of the top reasons mortgage applicants fall out, to what extent does this impact a lender’s pipeline? When we’re in a refinance market we’re doing business with borrowers that have experience with mortgage loans. The rate they pay on their mortgage is likely to be lower, too.

Marketing 372

Marketing Investing Mortgage Lending 372

Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

Mortgage 397

Mortgage Clients Insurance Tools 397

Housing Wire

MARCH 8, 2021

HousingWire sat down with Renata Sheyner, vice president of product at CreditXpert, to learn more about key technologies that lenders need to give more attention to. First, mortgage lending is highly volatile. HW: What impact do you think the previous year has had on automation and the use of new technology for the mortgage industry ?

Technology 379

Technology Lending Loan Officers Development 379

Housing Wire

MAY 23, 2023

million in loan volume in 2022, which led to him being the second-ranked loan originator of the year, Scotsman Guide ’s rankings showed. Among mortgage brokers, Cohen ranked first. Read on to learn more about the two sides of the Southern California housing market and how Cohen stays competitive. Cohen funded $751.4

Marketing 373

Marketing Mortgage Inventory Loan Officers 373

Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Join us for our upcoming webinar, “ Still Using a Clipboard and a Tape Measure?

Valuation 370

Valuation Technology Real Estate Appraisal 370

Housing Wire

FEBRUARY 11, 2021

The downsized offering follows a theme that’s afflicted almost all of the nonbank mortgage originators that have gone public in the last year. LoanDepot, the second-largest retail-focused IMB in the country, had initially planned to raise about $362.5 And according to Inside Mortgage Finance, loanDepot originated about $100.7

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Retail Real Estate Agent Finance Mortgage 410

Housing Wire

MAY 19, 2021

She filmed video every day, took Marie Forleo’s B-School, studied marketing and sales to learn what drives social sales, online community building, and other focused content. Fox joins an afternoon of programming focused on social, with Chelsea Peitz focused on Instagram and Scott Betley (also known as That Mortgage Guy) talking about TikTok.

Design 383

Design Business Marketing Housing Market 383

Housing Wire

SEPTEMBER 28, 2021

Largely driven by record-low mortgage rates, lending volume surpassed everyone’s expectations in the past year. A prime example, digital mortgage closing solution Snapdocs reports that its digital closing platform reduces closing errors by 80%. 1 improvement borrowers want their mortgage provider to prioritize.

Lending 370

Lending Real Estate Agent Business Agents 370

Housing Wire

OCTOBER 26, 2020

When it comes to common pain points lenders are seeing in the second half of 2020, handling high loan volumes continues to loom large. As low mortgage rates continue to fuel the housing market, lenders are reporting record-breaking purchase and refinance volumes. A Comprehensive Solution. Solutions to Pandemic Era Issues.

Clients 383

Clients Valuation Technology Inspection 383

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. The name of the game in the industry was purchase mortgages. and Scotsman Guide ‘s fourth-ranked LO in the country.

Business 408

Business Loan Officers Clients Inventory 408

Housing Wire

SEPTEMBER 18, 2020

Ultimately, we are preparing for the digitization of the entire mortgage cycle, front-to-back,” said Brent Chandler, FormFree Founder and CEO and HousingWire 2019 Tech Trendsetter. HousingWire: How has COVID-19 impacted technology strategies for mortgage lenders? This interview has been lightly edited for length and clarity.

Business 410

Business Lending Technology Clients 410

Housing Wire

SEPTEMBER 11, 2020

As the mortgage industry continues to navigate record-low interest rates in the midst of a pandemic, many companies are seeing tech opportunities, and rising up to modernize outdated processes in order to keep up with demand. HousingWire: How has COVID-19 impacted technology strategies and roadmaps for mortgage lenders?

Technology 336

Technology Modernization Clients Business 336

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. Diagnosing low H4P uptake. of all endorsements in 2021. And so, they know the local real estate agents.

Business 367

Business Real Estate Agent Real Estate Loan Officers 367

Housing Wire

MAY 12, 2022

Refinances are falling. Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. Rates are rising. Inventory is contracting. Application fallouts are worsening. It’s getting harder out there.

Lending 355

Lending Marketing Technology Contracts 355

Housing Wire

DECEMBER 29, 2021

doesn’t feel that the “Big Four,” namely Fidelity National Title , First American Financial , Old Republic Title and Stewart Title , who as of the second quarter of 2021 controlled 80.3% After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. But they won’t be resting on their laurels, either. “A

Insurance 372

Insurance Real Estate Technology Business 372

Housing Wire

FEBRUARY 21, 2023

Jay Farner likes to tell a story about his early days at Rock Financial , which would become Quicken Loans and eventually Rocket Mortgage. It was 1996 and Dan Gilbert , the founder and CEO, announced that the company’s mortgage bankers weren’t going to meet with applicants face to face. Learn quickly. That was new back then.

Clients 339

Clients Mortgage Business Home Value 339

Assurance Financial

MAY 10, 2022

If you already have a primary residence, purchasing a second home can be an excellent investment. There are a few differences between a vacation property and your primary home when it comes to financing a second property. Renting the property out can help you cover the cost of the mortgage or give you a little extra spending money.

Property Taxes 74

Property Taxes Mortgage Finance Property Management 74

PennyMac

JULY 26, 2023

Second mortgages can be a great way to use the equity in your home to free up cash for important needs. Just like any other loan, there are some essential components you should know about second mortgages before you begin the application process. What Is a Second Mortgage? How Does a Second Mortgage Work?

Mortgage 36

Mortgage Home Improvement Renovations Lending 36

Appraisal Today

MARCH 15, 2024

When I worked for a northern California assessor’s office with rural areas I learned a lot about almond growing (the main crop) and other ag topics. It is not hard to learn the valuation factors. What if there are few rural areas near you? You can expand your area to include rural appraisals to get more business.

Appraisal 69

Appraisal Inspection Modernization Business 69

Lamacchia Realty

OCTOBER 31, 2022

Amidst ceaseless mortgage rate hike and inflationary headlines , the mortgage industry is abuzz with talk of buydowns. Buydowns aren’t a new product, on the contrary they’ve been around for a long time, but they’re resurfacing now as a mechanism to combat the rising mortgage rates. What is a 2-1 Buydown? What is a buydown?

Sellers 64

Sellers Buyers Mortgage Real Estate Agent 64

Assurance Financial

APRIL 18, 2022

One of the first things you learn when you’re in the market for a new home is that no house is perfect. A home renovation loan is most likely not going to be the same as your mortgage. Learn more about loan options for remodeling your home to see which one will work for you. Why Remodel Your Home?

Renovations 74

Renovations Construction Home Improvement Mortgage 74

Housing Wire

FEBRUARY 8, 2023

When mass-market loan origination systems emerged on the scene in the early 1990s, they revolutionized the mortgage workplace by allowing originators to save loan files on a personal computer and share them across local networks — a huge step up from typewritten applications and mainframe computing.

Loan Officers 73

Loan Officers Technology Lending Transportation 73

Housing Wire

NOVEMBER 30, 2023

metropolitan area costs $80,250, based on the median price of a single-family home of $402,600 in the second quarter of 2023. DPAs can take various forms, such as grants, loans or second mortgages, and they are typically tailored to meet the specific needs of the target demographic. A typical 20% down payment on a home in a U.S.

Clients 413

Clients Government Realtors Mortgage 413

Raleigh Realty

MARCH 29, 2021

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Build Equity Every time you make a mortgage payment, you build equity in your home. Buying a Home As a Government Employee Are you a government employee preparing to buy a home? Who Is a Government Employee?

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

NOVEMBER 13, 2023

. $700 billion in taxpayer funds were authorized to help stabilize the economy in free fall in the wake of the Lehman bankruptcy and a mortgage market meltdown. The original plan — to buy up troubled mortgage assets — was quickly abandoned in favor of actions like capital infusions for banks and the bailout of our auto companies.

Tools 384

Tools Development Mortgage Law 384