Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. In fact, in 2022, over 20,000 loan officers joined the wholesale channel.

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Technology 405

Technology Design Lending Real Estate Agent 405

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.

Technology 376

Technology Real Estate Agent Loan Officers Lending 376

Housing Wire

JUNE 30, 2022

Smart lenders are leaning into the technologies that will solve on multiple fronts, helping drive more leads and real estate agent relationships, higher pull through to closed transactions, increased efficiency and time saved. Does it add value to the real estate agent partnership?

Mortgage 366

Mortgage Real Estate Agent Technology Loan Officers 366

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. billion in loan origination volume in 2021.

Mortgage 383

Mortgage Loan Officers Lending Real Estate Agent 383

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 418

Retail Loan Officers Brokerage Technology 418

Housing Wire

JUNE 10, 2022

Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. Erickson will be in charge of product management, the procurement and advancement of technology solutions and will oversee the training department and support teams for Motto Mortgage and wemlo.

Marketing 405

Marketing Real Estate Agent Lending Real Estate 405

Housing Wire

FEBRUARY 16, 2024

We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. We want to retain customers for our loan officers for life, so we don’t sell the loans we fund or the servicing rights. RA: We have always done really well growing organically.

Loan Officers 415

Loan Officers Retail Clients Real Estate Agent 415

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. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments. billion.

Architecture 395

Architecture Real Estate Agent Loan Officers Real Estate 395

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. in the broker channel.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

APRIL 10, 2023

HW: What types of technology can lenders use to improve the borrower experience? They need technology that creates experiences borrowers actually want to keep coming back to on a regular basis in between transactions. When we fund your loan, I’m going to give you a homeowner portal. This is where Milestones fits in.

Home Value 417

Home Value Technology Clients Advertising 417

Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market.

Mortgage 362

Mortgage Real Estate Agent Real Estate Clients 362

Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

Tools 304

Tools Training Technology Clients 304

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 ). LLR is not a newcomer to mortgage technology or the overall fintech market. This isn’t a new story in mortgage lending or real estate brokerage.

Real Estate 376

Real Estate Brokerage Real Estate Agent Technology 376

Housing Wire

OCTOBER 14, 2020

On the heels of going public, Rocket Companies’ broker channel, Quicken Loans Mortgage Services (QLMS), made waves throughout the industry when it announced it would be rebranding to Rocket Pro TPO in an effort to closer align itself with the brand that has become ever-present in the lending space.

Loan Officers 304

Loan Officers Real Estate Agent Technology Clients 304

Housing Wire

DECEMBER 11, 2023

Despite rising housing unaffordability , we in the real estate business know that homeownership is still a fantastic way to build generational wealth. Not surprisingly, affordability is inextricably linked to fair housing , as fair housing (and lending) for all is foundational to affordability for all. But we are not powerless.

Real Estate Agent 445

Real Estate Agent Real Estate Agents Lending 445

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

Housing Wire

JANUARY 13, 2021

Data analytics giant Black Knight unveiled a new self-service style platform aimed at correspondent lending that will allow lenders to manage conditions and validate pricing locks on Best Effort loans. Through the automation, CoreLogic’s tech will then analyze and calculate the income based on the loans guidelines.

Mortgage 287

Mortgage Sellers Technology Real Estate Agent 287

Housing Wire

MARCH 24, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. .” Fairway, which did about $3.5 “It’s not true.

Real Estate Agent 383

Real Estate Agent Retail Real Estate Design 383

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 367

Real Estate Agent Real Estate Project Management Agents 367

Housing Wire

MARCH 5, 2021

I have no problem if they want to work with [those two] but I’m not going to give you our proprietary technology, that’s not for people funding the competition of the broker channel,” Ishbia said. “UWM is closing loans in 16-17 days…In a purchase market you can’t miss the contract date. That’s our belief system.

Investors 395

Investors Real Estate Agent Loan Officers Technology 395

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. Since we now have good coverage across those segments, our more recent investments have primarily focused in two areas – mortgage technology and commercial real estate. As of Sept.

Mortgage 368

Mortgage Real Estate Investing Technology 368

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. In turn, LOs will be fighting for a piece of the mortgage pie with less rate-sensitive mortgage products, just as they did in 2022.

Renovations 406

Renovations Realtors Construction Mortgage 406

Housing Wire

AUGUST 17, 2022

A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer at Simple Nexus. Presented by: Polly.

Lending 370

Lending Real Estate Agent Real Estate Technology 370

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. billion came from its origination technology, according to their earnings reports. Of the $387.2

Mortgage 380

Mortgage Technology Loan Officers Investing 380

Housing Wire

OCTOBER 7, 2022

” Our real estate agent and mortgage lending partners experience a strong ROI, generating leads by engaging with consumers through unique and compelling information based on data. HW: How can real estate agents and loan officers collaborate to foster strong relationships with clients despite rising rates?

Housing Market 379

Housing Market Real Estate Agent Marketing Real Estate 379

PennyMac

OCTOBER 13, 2021

Real estate, like many other industries, has been fundamentally changed by technology. Add in a worldwide pandemic to the mix, and technology has become the lifeline of the entire industry. Here's why he thinks video marketing is essential for all real estate sales. 2) Step Up Your Marketing With Instagram.

Real Estate 41

Real Estate Marketing Real Estate Agent Agents 41

Housing Wire

NOVEMBER 17, 2022

HousingWire recently spoke with John Keratsis, president and CEO of Deephaven Mortgage, about what lenders should be doing to capitalize on the boom in non-QM lending and why our preconceived notions about non-QM could be all wrong. All of which means there will be a sustained demand for non-QM loans for many years to come.

Lending 362

Lending Investors Real Estate Agent Loan Officers 362

Housing Wire

OCTOBER 7, 2020

“The market remains underserved in the sense that the mortgage lending market has changed so quickly that everyone is still trying to keep up,” Stone said. Powered by robust AI, DecisionPoint is an automated title decisioning system that enables lenders to know almost instantly a loan’s application-to-close time.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. I can get you (borrower) a conditional loan approved in 20 minutes. It’s smoother for the client,” Hussam said.

Investing 407

Investing Loan Officers Retail Mortgage 407

Appraisal Today

SEPTEMBER 15, 2023

One-quarter (26 percent) cite technology fees (not an option in 2022). Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. This is up sharply from 27 percent last year. UPDATED No.

Appraisal 83

Appraisal Real Estate Agent Contracts Real Estate 83

Appraisal Today

OCTOBER 14, 2022

Today, while there still remains some stickiness to the QC revision process, a recent survey completed by The STRATMOR Group commissioned by appraisal management technology company Reggora, indicates 25% of appraisal reports require some form of revision. Get started as a luxury real estate appraiser. To read more, click here.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. You’ve opened the door.

Sellers 69

Sellers Agents Real Estate Buyers 69