Housing Wire

SEPTEMBER 7, 2023

The Atlanta-based lender has fully exited the retail channel, a change in strategy the company has been preparing for over the past few months. EPM’s CEO Eddy Perez had previously shared plans with HousingWire to double down on wholesale while scaling down its retail footprint. It’s all about the consumer. EPM originated $1.05

Retail 395

Retail Loan Officers Business Lending 395

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief innovation officer at Legend Lending. In April of 2022, the retail division of Mid America Mortgage, Inc. was acquired by Legend Lending Corporation. I was then promoted to chief innovation officer of Legend Lending Corporation.

Lending 334

Lending Retail Technology Mortgage 334

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief inspiration officer at Legend Lending. In April of 2022, the retail division of Mid America Mortgage, Inc. was acquired by Legend Lending Corporation. I was then promoted to chief innovation officer of Legend Lending Corporation.

Lending 324

Lending Retail Technology Mortgage 324

Housing Wire

MARCH 16, 2022

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage.

Retail 385

Retail Loan Officers Brokerage Technology 385

Housing Wire

MARCH 15, 2021

What happens when borrowers can’t or won’t walk into a lending branch? HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. Retail lenders originate loans through their in-person retail branches.

Lending 393

Lending Retail Mortgage Loan Officers 393

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders.

Retail 369

Retail Mortgage Loan Officers Marketing 369

Housing Wire

APRIL 17, 2024

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in. In FCM’s case, this also includes interim servicing.

Business 410

Business Loan Officers Mortgage Lending 410

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. In the current environment, a rigid, static technology stack can prove fatal.

Technology 371

Technology Retail Lending Design 371

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

Lending 344

Lending Technology Tools Loan Officers 344

Housing Wire

JANUARY 10, 2024

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Additionally, the platform is accessible to all users, regardless of their current loan origination software.

Retail 380

Retail Lending Design Technology 380

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

Lending 459

Lending Mortgage Technology Business 459

Housing Wire

AUGUST 14, 2020

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Planet Home Lending has promoted four people to vice president positions, supporting the company’s continual growth.

Lending 277

Lending Retail Development Realty 277

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. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 359

Mortgage Retail Lending Loan Officers 359

Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed.

Retail 397

Retail Mortgage Lending Renovations 397

Housing Wire

MARCH 12, 2024

Last year, Homepoint shut down operations, while Wells Fargo closed its correspondent lending business. They are typically buoyed by scalable technology platforms, diversification from servicing cash flows, relatively low corporate leverage, and access to liquidity that affords them the flexibility to withstand market cycles.

Mortgage 454

Mortgage Marketing Retail Lending 454

Housing Wire

JANUARY 4, 2021

Citadel Servicing Corporation (CSC) , one of the country’s largest non-QM lenders , is rebranding as Acra Lending (Acra). Citadel resumed non-QM lending in the summer. ” Doug Perry, Citadel’s managing director of wholesale and retail, said the company expects to fine-tune its plan as the country recovers from the virus.

Lending 336

Lending Investing Business Retail 336

Housing Wire

APRIL 3, 2023

SoFi Technologies announced Monday that it had acquired fellow digital lender Wyndham Capital Mortgage in an all-cash transaction. There were several rounds of layoffs last year at the Charlotte, North Carolina-based retail lender, which has a direct-to-consumer model as well as nine retail branches.

Retail 337

Retail Mortgage Technology Lending 337

Housing Wire

OCTOBER 12, 2021

The home lending industry has a massive opportunity to digitalize to create efficiencies and to deliver a simpler end-to-end user experience hat would benefit both borrowers and servicers. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions.

Lending 330

Lending Technology Investing Loan Officers 330

Housing Wire

APRIL 18, 2024

expanding its mortgage retail lending footprint in the communities in which it operates. The deal included the bank’s consumer-direct technology platform. Florida-based First Federal Bank announced on Thursday that it struck a deal to acquire Watson Mortgage Corp., The financial details of the deal were not disclosed.

Mortgage 400

Mortgage Realty Loan Officers Retail 400

Housing Wire

AUGUST 31, 2023

. “This merger ensures our customers will continue to receive access to the products, services, and technology they need while maintaining the relationship-driven, hands-on service they’ve come to expect,” Dionise said in a statement. Mars Bank held $520.8 million in assets as of June 30, 2023.

Retail 357

Retail Lending Construction Technology 357

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 387

Technology Design Lending Real Estate Agent 387

Housing Wire

DECEMBER 27, 2023

The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. “But given how hard this market has been and that scale is becoming more important with technology, smaller companies are under more pressure.

Mortgage 395

Mortgage Retail Lending Sellers 395

Housing Wire

OCTOBER 18, 2023

For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. I asked the good folks at mortgage data technology firm InGenius to run the numbers. A significant number of retail lenders were purpose-built to pump out huge refi volumes with a call center model. Take a look.

Retail 515

Retail Loan Officers Brokerage Mortgage 515

Housing Wire

MARCH 23, 2021

retailers and e-commerce merchants, and every $1 of fraud now costs $3.36, up from $3.13 As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud in mortgage lending, and expect that trend to continue this year. across U.S. How lenders can prepare for growing fraud threats.

Lending 432

Lending Mortgage Sellers Development 432

Housing Wire

FEBRUARY 14, 2024

is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in an exclusive interview with HousingWire. The acquisition of Academy’s retail assets is scheduled to close by the end of February. Guild Mortgage ’s acquisition of Academy Mortgage Corp.

Retail 414

Retail Mortgage Loan Officers Construction 414

Housing Wire

MARCH 30, 2023

New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. In addition, the company’s CEO, Peter Norden, will act as executive advisor to CMG’s retail division to ensure a successful transition. mortgage lender by volume last year.

Retail 394

Retail Loan Officers Legal Technology 394

Housing Wire

MARCH 7, 2022

Lenders One Cooperative announced on Monday that it has struck a deal to lease retail space in Walmart stores to sell mortgage products and services. ” Walmart isn’t the first warehouse-style retailer to offer mortgage products on location. Members can order and receive cooperative solutions without human intervention. .

Retail 466

Retail Mortgage Lending Real Estate 466

Housing Wire

FEBRUARY 10, 2023

Innovative technology is imperative to the mortgage industry with more and more applicants taking advantage of online options offered by lenders,” GHMC president and CEO Chip Adkins said in a prepared statement. The company has 48 state licenses, three retail branches and 13 loan officers. The company had production volume of $148.76

Retail 365

Retail Tools Loan Officers Design 365

Housing Wire

MARCH 1, 2021

Fred Bolstad, executive vice president of retail lending at U.S. He leads both retail sales and operations, a channel that originated over $47 billion in 2020. Bank Home Mortgage , will speak on a panel titled What Mortgage Tech is Solving Now at HousingWire’s Spring Summit on March 4.

Retail 393

Retail Lending Loan Officers Technology 393

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations.

Mortgage 325

Mortgage Retail Technology Lending 325

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. Capturing leads with tech Another priority for the lender is procuring leads through its proprietary technology.

Loan Officers 386

Loan Officers Agents Retail Technology 386

Housing Wire

OCTOBER 4, 2022

Head of Neighborhood and Community Lending. Built Technologies. Chief Technology Officer. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. SRE Technologies. Supreme Lending. Head of Home Lending. Planet Home Lending. President, Retail.

Human Resources 403

Human Resources Lending Real Estate Technology 403

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 438

Technology Development Real Estate Realty 438

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. It just has not gone well.”.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

AUGUST 3, 2021

The blockchain revolution may soon be coming to mortgage lending. The Mike Cagney-led fintech lender Figure Technologies , most recently valued at $3.2 Founded more than 30 years ago, New Jersey-based Homebridge has more than 180 retail branches nationwide and two wholesale arms, Homebridge Wholesale and REMN Wholesale.

Mortgage 508

Mortgage Architecture Lending Technology 508

Housing Wire

DECEMBER 14, 2023

Thrive Mortgage Chairman Roy Jones said the company focuses on “having the best people with the most forward-thinking technology in the industry, all of which is propelled forward with this partnership with Lower.” Both companies generated most of their origination volume through the retail channel.

Mortgage 418

Mortgage Retail Loan Officers Finance 418

Housing Wire

FEBRUARY 6, 2024

Insellerate’s services work across all lending channels, including retail , wholesale , TPO , consumer direct, recruiting and reverse. The new interface is now fully integrated with Insellerate’s extensive advanced programming interface (API) infrastructure, empowering lenders to customize their user interface.

Loan Officers 343

Loan Officers Retail Lending Marketing 343