Eyes on Housing

MAY 5, 2021

The latest results from the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) present standards on bank lending practices as they occurred in the first quarter of 2021.

Loan Officers 174

Loan Officers Lending Real Estate 174

Housing Wire

FEBRUARY 16, 2024

Braheem, former co-founder of Loan Toolbox — an online resource for training, tools, support and coaching — launched The Loan Atlas, a mortgage coaching platform, earlier this year with mortgage executives and top loan officers joining as faculty members.

Mortgage 409

Mortgage Marketing Loan Officers Training 409

Housing Wire

APRIL 29, 2024

” Republic collapsed after it failed to raise $75 million in capital from investors and exited the mortgage lending space. billion in loans. In a presentation last year, the bank said it “had aggressive rates, higher risk, and lower risk-adjusted rates of return than other asset classes.”

Loan Officers 391

Loan Officers Insurance Mortgage Lending 391

Housing Wire

JANUARY 2, 2024

Jodi Mosiello, chief operating officer at RealFi, wrote in the email to employees, which was reviewed by HousingWire, that the company found itself in “unprecedented circumstances.” ” “Unfortunately, at the present time, RealFi does not have the funds to pay the monies owed to its employees,” Mosiello wrote.

Loan Officers 432

Loan Officers Lending Mortgage Insurance 432

Housing Wire

OCTOBER 31, 2022

Michael Brennan, president of Movement, said Waggoner can empower loan officers with the tools they “need to win.”. “I’m excited to translate this vision into transformational action across our technology platform by putting the best tools in the hands of our loan officers,” Waggoner said in a statement. .

Loan Officers 370

Loan Officers Mortgage Technology Tools 370

Housing Wire

SEPTEMBER 5, 2023

The non-QM demand for loans is very healthy,” Acra Lending CEO Keith Lind said. “We Another plus for non-QM lending has been the volatility in the banking sector. “I More than a 20% net share of banks reported having tightened standards on non-QM jumbo residential loans (21.6%) and QM jumbo loans (21.4%), per the survey.

Marketing 394

Marketing Loan Officers Lending Brokerage 394

Housing Wire

OCTOBER 11, 2022

Mortgage Coach , a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform.

Mortgage 397

Mortgage Loan Officers Open Houses Retail 397

Housing Wire

APRIL 9, 2024

The true cost of redlining Lenders need to carefully evaluate their lending strategies to ensure that they are not unintentionally practicing redlining by neglecting MMCT and LMI neighborhoods, or they may face millions in penalties. Adapting to meet the needs of an evolving homebuyer pool is vital to success in mortgage lending.

Modernization 409

Modernization Lending Legal Legal Fees 409

Housing Wire

SEPTEMBER 29, 2022

Presented on Oct. The Future of Lending is here Today. Presented on Oct. In a call to all mortgage executives and loan officers, these two speakers are looking to address the way most lenders and loan officers do business. Presented on Oct. Presented on Oct.

Loan Officers 383

Loan Officers Real Estate Technology Business 383

Housing Wire

FEBRUARY 27, 2024

Based in Las Vegas, Gatling has worked for companies such as Bank of America , MetLife Home Loans , Home Community Mortgage and Guild Mortgage , developing expertise in loans to underserved communities. This role offers me a platform to be more than just a loan officer,” Gatling said in a statement.

Loan Officers 421

Loan Officers Development Mortgage Real Estate 421

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. Presented by: Black Knight.

Loan Officers 441

Loan Officers Retail Business Mortgage 441

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. There’s just more buyers than there are sellers,” added Steven Grossman, chief strategic officer at NJ Lenders.

Loan Officers 397

Loan Officers Mortgage Inventory Clients 397

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs. The lender and LO can make or break the transaction.” Fannie Mae, Freddie Mac and the U.S.

Agents 397

Agents Buyers Loan Officers Real Estate 397

Housing Wire

NOVEMBER 1, 2022

Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options. This will enable borrowers to view accurate, side-by-side home loan comparisons, Mortgage Coach and Sales Boomerang said.

Mortgage 430

Mortgage Project Management Insurance Loan Officers 430

Housing Wire

FEBRUARY 27, 2023

The new product is fully integrated into loan origination systems, like ICE Technology’s Encompass and MeridianLink. According to the company, wholesale lenders and their TPO partners are looking for strategic solutions to streamlining workflows, improving pipeline management and tracking, and implementing consistent engagement.

Loan Officers 384

Loan Officers Retail Inventory Lending 384

Housing Wire

AUGUST 22, 2022

Kudos to the Loan Officers who have found a way to transition from the refinance boom of 2020 — 2021 and into the purchase market of 2022. Brush up on your company’s lending guidelines or dive into market conditions and economic data that drives your market. To the Loan Officers still standing – I salute you.

Loan Officers 370

Loan Officers Lending Marketing Real Estate 370

Housing Wire

JULY 29, 2022

About 39% of 210 senior mortgage executives representing 189 lending institutions said cost-cutting was the most important agenda item, the first time that has happened since 2017, according to Fannie Mae ‘s mortgage lender sentiment survey. billion in loan origination volume in 2021.

Mortgage 384

Mortgage Loan Officers Lending Real Estate Agent 384

Housing Wire

SEPTEMBER 12, 2023

“Lenders and loan officers right now are just in survival mode,” Hoff said in an interview. About 20 loan officers under her leadership produced $116 million in mortgages over the last 12 months, a drop from $223 million in 2022, according to the mortgage tech platform Modex. . When will the market turn?

Loan Officers 397

Loan Officers Investors Mortgage Clients 397

Housing Wire

JUNE 30, 2021

The watchdog agency found that lenders engaged in deceptive business practices, including violations of the Truth in Lending Act and the Equal Credit Opportunity Act, and provided inaccurate data on mortgage loans. The lender’s offices were concentrated in white neighborhoods, and nearly all of its loan officers were white.

Loan Officers 421

Loan Officers Lending Open Houses Legal 421

Housing Wire

NOVEMBER 2, 2023

There is also growing demand for non-QM products from a banking sector that is taking note, presenting new opportunities where some banks see the need to sell loans they would traditionally hold as portfolio products. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers.

Investors 447

Investors Real Estate Lending Loan Officers 447

Housing Wire

JULY 16, 2021

Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The company will be headquartered in Santa Ana, California, Stearns said, home of Kind Lending. Presented by: SimpleNexus. The Mobile “Must-Haves” Reshaping Mortgage Technology.

Mortgage 410

Mortgage Lending Brokerage Agents 410

Housing Wire

APRIL 4, 2022

Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. Presented by: 1000watt. The purchase price “represents a $72.5

Mortgage 370

Mortgage Real Estate Agent Loan Officers Agents 370

Simonson Real Estate

AUGUST 24, 2020

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. Based on lender interviews and market reports, appetite for lending on each of the property types generally falls into in the following ranking (in order of best to worst). We had a great discussion!

Lending 148

Lending Construction Tenants Real Estate 148

Housing Wire

FEBRUARY 13, 2023

said regarding the sponsorship agreement that “the deliverables were met and EPM will fail in its helpless effort to essentially create terms in a contract that were not present.” When the opportunity presented itself, he decided to sponsor a minority-owned and operated race car team. It’s mostly known for wholesale lending.

Legal 357

Legal Contracts Lending Loan Officers 357

Housing Wire

JULY 25, 2022

The layoffs include loan officers, underwriters, processors, post-closing and secondary market staff. Presented by: HCL America. Among depositary lenders, an example is Wells Fargo laying off 125 employees in its home lending division in Iowa by the end of August. 5, according to the document reviewed by HousingWire.

Human Resources 370

Human Resources Loan Officers Construction Mortgage 370

Housing Wire

JULY 22, 2022

He added Crawford’s “depth of executive experience, including lending expertise, will be an excellent addition” to the board. South Carolina-based Movement has a network of loan officers in more than 775 locations nationwide and more than 4,500 employees, according to its website. Presented by: William Mills Agency.

Loan Officers 384

Loan Officers Retail Lending Mortgage 384

Housing Wire

APRIL 12, 2021

Business credit report provider Credit Plus announced last week it has integrated with LendingWise , an LOS-software platform serving commercial lending. The move establishes Credit Plus in the commercial and private money lending spaces. “In Presented by: CoreLogic.

Property Taxes 246

Property Taxes Lending Loan Officers Business 246

Housing Wire

MARCH 25, 2021

In short, their AI platform, which is built on aggregated loan data from its network, allows loan officers, processors and underwriters to offload manual, arduous tasks. Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. Presented by: Sutherland. mortgage market.

Mortgage 421

Mortgage Lending Technology Loan Officers 421

Housing Wire

JUNE 28, 2022

million investment in eOriginal, a digital platform that aims to securely digitize the lending process from the borrower to the secondary market. Sales Boomerang monitors customer databases on behalf of lenders to identify when a customer is ready for a new loan. In 2016, LLR Partners led a $26.5

Mortgage 397

Mortgage Loan Officers Investing Lending 397

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. The company claims that they close loans 13 days faster and enable their loan officers to close around 15% more loans per month. Presented by: Notarize. Are digital closings really worth it?

Technology 382

Technology Real Estate Agent Loan Officers Lending 382

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. Presented by: Acra Lending. Six months ago Interfirst Mortgage Co.

Human Resources 384

Human Resources Loan Officers Retail Training 384

Housing Wire

DECEMBER 14, 2023

Texas-based lender Thrive Mortgage plans to merge with digital multichannel rival Lower , which will create a unified lender with more than 650 loan officers and 120 active branches across the country. We are now excited to share another amazing opportunity that has presented itself to join Lower.com,” Kellam said. million.

Mortgage 431

Mortgage Retail Loan Officers Finance 431

Housing Wire

FEBRUARY 16, 2021

In this article, I’ll highlight just a few of the biggest trends I believe will impact the way consumers interact with mortgages in the near-to-present future. #1 With smarter and faster data, a personalized service experience is key for the future of lending. #2 Presented by: Snapdocs. 1 Personalization. 2 Digital adoption.

Mortgage 533

Mortgage Technology Loan Officers Business 533

Housing Wire

NOVEMBER 10, 2022

The transaction follows Angel Oak Home Loans slashing 15% of its workforce, or 57 employees, in October. billion in volume in the last 12 months through 156 active loan officers and 39 branches, according to mortgage data platform Modex. Of the total volume, conventional loans accounted for 85.7% The lender originated $2.32

Retail 306

Retail Loan Officers Investors Lending 306

Housing Wire

MARCH 8, 2021

First, mortgage lending is highly volatile. It also makes it difficult for lending teams to staff appropriately for volume fluctuations. RS: If there is one thing the pandemic exposed, it’s that the mortgage lending industry is heavily reliant on its processes. We expect 2020 – 2021 to be the sixth in the series.

Technology 399

Technology Lending Loan Officers Development 399

Housing Wire

AUGUST 28, 2023

The company had 227 active loan officers and originated $830 million in the last 12 months. Established in 1995 by brothers Steven and David McCormick, First Centennial Mortgage offers a wide range of mortgage products, including conventional, FHA, VA building and construction, per the mortgage data platform Modex.

Mortgage 370

Mortgage Retail Loan Officers Construction 370

Housing Wire

NOVEMBER 18, 2022

This white paper will examine the growing importance of modernization in the mortgage lending industry. Presented by: ServiceLink. CU Times estimates between 200 to 600 people were impacted across multiple states, in particular the employees who worked remotely in the lending departments.

Loan Officers 421

Loan Officers Modernization Finance Housing Market 421