Housing Wire

SEPTEMBER 11, 2023

The lender has about 80 loan officers and aims to hire up to 100 in states. Cliffco’s proprietary CRM platform enables loan officers to break away from being heavily dependent on real estate agents for referrals. The market is retracting but it’s the best time to build,” Watanasuparp said.

Loan Officers 393

Loan Officers Agents Retail Technology 393

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. Cracking the code on marketing to the realtor channel.

Mortgage 370

Mortgage Real Estate Agent Loan Officers Agents 370

Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. It’s a different approach to lending. It’s the local relationships.

Mortgage 369

Mortgage Loan Officers Lending Retail 369

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. Borrowers have called me from seeing my advertising in the stores and a couple of Realtors, too.”. trillion in 2021.

Marketing 393

Marketing Real Estate Agent Loan Officers Advertising 393

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Join a real estate team that can handle administrative work.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

OCTOBER 6, 2023

The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans. And we are trying to help them navigate it because the market has overcapacity for both Realtors and loan officers right now,” Boyd said. “It’s hard for brokers to win deals now.

Mortgage 464

Mortgage Real Estate Agent Renovations Finance 464

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth. Terms of the deal, which was announced on Tuesday, were not disclosed.

Retail 414

Retail Loan Officers Brokerage Technology 414

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. Our vision is to hone the entire home buying journey from the borrower’s first contact with a Realtor to the closing table and beyond,” Schreiner said.

Architecture 393

Architecture Real Estate Agent Loan Officers Real Estate 393

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. The closer, the better.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

DECEMBER 6, 2022

The builder’s real estate agent swapped in the middle of the transaction, so things got a bit mixed up and no one updated the clients’ files to reflect the change in lender,” Summers explained. “So, In turn, real estate agents are doing everything they can to ensure they get their clients into their home of choice.

Real Estate 370

Real Estate Real Estate Agent Clients Agents 370

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. Appraisals can be performed for other reasons besides lending, however, for purposes of our discussion here we’re going to be discussing an appraisal that is done in order to obtain a mortgage loan.

Realtors 77

Realtors Appraisal Market Value Real Estate Agent 77

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

DECEMBER 30, 2022

“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. We have subscriptions that go out to Realtors weekly,” Nguyen said. Mortgage products expected to get love .

Renovations 403

Renovations Realtors Construction Mortgage 403

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ This isn’t a new story in mortgage lending or real estate brokerage. Mortgage lending has its problems. In 2016 LLR led a $26.5 Jobs are important. This isn’t good.

Real Estate 375

Real Estate Brokerage Real Estate Agent Technology 375

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. I thought it was sparse.

Lending 392

Lending Real Estate Agent Loan Officers Retail 392

Housing Wire

NOVEMBER 10, 2020

So when that happens, you don’t originate, you don’t lend at par for something at 88. But unlike Fannie and Freddie, most non-QM loans rely on the borrower’s credit score and the loan-to-value ratio on the loan, rather than the debt-to-income ratio. Realtors need to be your ally.”. So you stop.”.

Business 424

Business Mortgage Investors Loan Officers 424

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Running the table in a real estate transaction is not for the faint of heart, nor for the passive.

Real Estate Agent 364

Real Estate Agent Real Estate Project Management Agents 364

Housing Wire

NOVEMBER 8, 2021

But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients.

Clients 393

Clients Agents Buyers Sellers 393

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 398

Real Estate Agents Real Estate Agent Clients 398

Annarbor Appraisal

SEPTEMBER 6, 2020

The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. The lender obtains the appraisal to ensure that the collateral is adequate for the loan (remember the three C’s of credit, capacity, and collateral). Limit the number of sales to three if possible. •

Mortgage Appraisal 78

Mortgage Appraisal Appraisal Mortgage Reconsideration of Value 78

Housing Wire

AUGUST 16, 2023

Meanwhile, executives at UWM’s biggest rival, Rocket Mortgage, told analysts that its local loan officer recruiting initiative doesn’t represent a mortgage strategy change. So that indicates to us that Realtors are interested in what we have to offer and passing that on to their clients (…) We have been excited to see that increase.

Retail 368

Retail Real Estate Agent Business Mortgage 368

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

PennyMac

APRIL 2, 2020

Step 4: Find the Right Real Estate Agent. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area. But be sure you’ve done your research before opting out of using an agent.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Appraisal Today

JANUARY 12, 2024

Ignoring market conditions adjustments makes us look incompetent to buyers, sellers, lenders, Realtors, and the general public. NOTE: Please scroll down to read the other topics in this long blog post on 2024 forecasts for mortgage rates and originations, Private Money lending, unusual homes, mortgage origination stats, etc.

Appraisal 68

Appraisal Contracts Mortgage Marketing 68

Will Springer Realtor

MARCH 30, 2021

Here are 11 thoughts, gathered from experienced real estate agents, and shared with you: Financial backing – Before considering offers, buyers should speak with their lender to request a letter that states they are strong candidates for a mortgage loan to cover the cost of the home.

Inspection 36

Inspection Sellers Buyers Real Estate 36

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. So there’s this real estate agent — are you with me? My professional background is out of finance and lending. You’ve opened the door.

Sellers 69

Sellers Agents Real Estate Buyers 69