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. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 395

Buyers Agents Loan Officers Real Estate 395

Housing Wire

JULY 12, 2023

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. million Realtors competing for about 4.2 And they have good reasons to do so. And there are north of 1.5 million existing home sales.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Loan Officers 370

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. “In Currently licensed in 18 states, Cliffco plans to expand its footprint to 40 states by 2024.

Loan Officers 395

Loan Officers Agents Retail Technology 395

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.

Loan Officers 437

Loan Officers Retail Business Mortgage 437

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian’s comments offer insight into the scope of Rocket’s remote local loan officer program. Rocket didn’t respond to requests for comment.

Loan Officers 370

Loan Officers Mortgage Real Estate Agent Real Estate 370

Housing Wire

NOVEMBER 14, 2022

We are continuing that focus by working to streamline the origination process for loan officers through technology and process improvement. Our account executives will work closely with originators to go over scenarios and will even accompany them on calls with Realtors to help talk non-QM.

Lending 427

Lending Investors Loan Officers Technology 427

Housing Wire

APRIL 11, 2024

which had 142 sponsored loan officers and 41 active branches as of April 11. It also operates seven joint venture companies with builder and Realtor partners. Norcom Mortgage retail operations will add to the 1,813 sponsored LOs and 389 active branches currently with CMG Financial, per NMLS. billion that was up 19.9%

Retail 417

Retail Loan Officers Realtors Mortgage 417

Housing Wire

AUGUST 1, 2023

Coming off multiple quarters of financial losses , Rocket has accelerated those efforts in 2023, embarking on a remote local loan officer hiring spree designed to capture purchase market business from real estate agent connections, sources told HousingWire.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 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.

Mortgage 370

Mortgage Loan Officers Lending Retail 370

Housing Wire

APRIL 1, 2024

While Yen likes the product, she feels it is best handled by senior loan officers like herself, a nearly 30-year veteran of the industry. The loan officer must carefully assess the borrower’s ability to repay and consult with the client’s Realtors to determine the resale value and condition of the departing home,” Yen said.

Loan Officers 417

Loan Officers Clients Mortgage Construction 417

Housing Wire

SEPTEMBER 13, 2022

California-based Point Mortgage Corporation has decided to shut down its wholesale business GoPointDirect and lay off employees to focus on retail lending, a top executive confirmed to HousingWire. . “Our industry is saturated with Realtors and loan officers.

Mortgage 370

Mortgage Loan Officers Retail Lending 370

Housing Wire

APRIL 12, 2023

expected sales to go down more than 5% In the latest report from the National Association of Realtors (NAR), existing home sales rose 14.5% Many are curious about buydowns but we are currently operating in what is still a seller’s market so not seeing many seller-funded buydowns,” a loan officer in Boston noted.

Mortgage 394

Mortgage Marketing Loan Officers Real Estate Agent 394

Appraisal Buzz

MAY 13, 2021

The data startup powers informed lender decisions on loan officer recruiting, realtor partnerships, and fair lending compliance. The post Mortgage Data Company 6 Solutions Adds CEO Jeff Walton appeared first on theMReport.com.

Loan Officers 195

Loan Officers Mortgage Realtors Lending 195

Housing Wire

SEPTEMBER 7, 2023

The pivot also coincided with its former chief retail officer Stephen Carpitella requesting the opportunity to start his own wholesale mortgage business. Many of EPM’s retail loan officers transitioned to Informed Mortgage , a lender Carpitella launched in August.

Retail 395

Retail Loan Officers Business Lending 395

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

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. That’s going to be a new market for me Lonnie Glessner, loan officer at Draper and Kramer Mortgage Corp.

Mortgage 383

Mortgage Loan Officers Inventory Retail 383

Housing Wire

SEPTEMBER 21, 2022

The following five accounts showcase how lenders and loan officers can use TikTok to brand themselves as well as entertain and educate home buyers. . Scott Betley is a loan officer for NFM Lending with more than 10 years of experience helping first-time home buyers and move-up buyers. followers, 11.7 million likes.

Loan Officers 370

Loan Officers Buyers Mortgage Realtors 370

Housing Wire

MARCH 1, 2021

Fred Bolstad, executive vice president of retail lending at U.S. Bolstad will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Lisa Patterson, chief originations officer at Homepoint. He leads both retail sales and operations, a channel that originated over $47 billion in 2020.

Retail 395

Retail Lending Loan Officers Technology 395

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 395

Marketing Real Estate Agent Loan Officers Advertising 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. The closer, the better.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

SEPTEMBER 29, 2022

The Future of Lending is here Today. 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. If you don’t have the best technology platforms, you are losing loans and leaving both borrowers and Realtors behind.

Loan Officers 383

Loan Officers Real Estate Technology Business 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 427

Retail Loan Officers Brokerage Technology 427

Housing Wire

JULY 1, 2021

. “Black people who succeed in buying a home have to be Superman or Superwoman,” said Bryan Greene, vice president of policy advocacy for the National Association of Realtors. The lender’s offices were concentrated in white neighborhoods, and nearly all of its loan officers were white.

Loan Officers 481

Loan Officers Realtors Open Houses Law 481

Housing Wire

MARCH 23, 2022

As the housing market continues to move from last year’s refinance boom, lenders’ ability to identify customers and maintain consumer relationships has become more important than ever in not only securing loans but also ensuring they make it to close. Homebuyers often search for financing online before engaging a Realtor.

Finance 366

Finance Loan Officers Lending Housing Market 366

Housing Wire

MARCH 30, 2023

When mortgage rates rose and demand for lower-priced mortgages grew, Kirby saw opportunities in the wholesale lending channel. Nothing in the mortgage industry is easy right now (…) With the broker model, you’ve got so many outlets to send these loans to that it’s really easy to find a home for most borrowers.

Mortgage 395

Mortgage Retail Loan Officers Brokerage 395

Housing Wire

MARCH 20, 2023

Users can choose to sign up with Aduvo, and in turn, use its solutions to automate manual communications, like loan status alert emails or text messages, marketing messages , and lead nurturing, among others. We want Aduvo to be cost-efficient for businesses of all sizes.

Marketing 370

Marketing Mortgage Realtors Lending 370

Housing Wire

JANUARY 5, 2021

The platform allows loan officers to become “mobile originators,” using their smartphones to view applications, pull credit reports and oversee all aspects of the loan process while connecting in real-time to their LOS. “Our billion.

Architecture 395

Architecture Real Estate Agent Loan Officers Real Estate 395

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

Housing Wire

NOVEMBER 7, 2023

Potter added: “Government lending would come to a halt. Realtors will have to decide, do I negotiate or not? Mortgage professionals voiced their concerns of the potential ripple effects that might have on those cash-strapped buyers, depending on the results of the commission lawsuits. “It

Agents 454

Agents Sellers Buyers Finance 454

Housing Wire

JULY 28, 2022

As the Federal Reserve announced yet another 75 basis point interest rate hike Wednesday, loan officers and lending executives — already well aware of the news — were looking ahead, questioning whether mortgage rates will spike or dip in the aftermath. in mid-June,” Yun added. annual gain compared with a 20.4%

Housing Market 304

Housing Market Marketing Loan Officers Buyers 304

Housing Wire

FEBRUARY 10, 2023

.” While his origination volume dropped by about 55% to $378 million in 2022 from the previous year, Kechian is confident he could capitalize on the purchase market by tapping into the network he’s been building with realtors over the last year. “We So more realtors in the area have started working with us.

Marketing 370

Marketing Inventory Loan Officers Buyers 370

Housing Wire

JUNE 16, 2022

The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. There’s still demand for homes, loan officers told HousingWire. “I

Housing Market 417

Housing Market Marketing Loan Officers Mortgage 417

Housing Wire

DECEMBER 3, 2021

She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. Reina Ramos: I don’t have a favorite article but rather enjoy and appreciate the coverage HW provides on all subject matters that are affecting the mortgage industry as well as Realtors.

Inventory 383

Inventory Loan Officers Clients Mortgage 383

Housing Wire

DECEMBER 23, 2022

With Fannie Mae and other organizations predicting a tough outlook for 2023’s housing market, loan officers should be looking to get their name out in front of as many potential borrowers as possible in order to secure business. Instagram lends itself to posting both personal and business content. Balancing your content.

Loan Officers 369

Loan Officers Business Mortgage Clients 369

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 469

Mortgage Real Estate Agent Renovations Finance 469

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. He hit a record $2.47 Rates would average 5.2%

Renovations 407

Renovations Realtors Construction Mortgage 407

Housing Wire

FEBRUARY 8, 2022

in early 2021 as part of a larger plan to expand its origination reach beyond California — with the goal of creating a national lending footprint. . With the Castle acquisition and tech integration now completed, our intent is to lend nation nationwide in the non-QM market. We need to have footprint outside of [California].

Marketing 370

Marketing Retail Lending Mortgage 370