Housing Wire

JUNE 17, 2022

Do loan officers need more technology than they currently have? Most loan officers do not believe they need more tech than they have now. Most loan officers do not believe they need more tech than they have now. Being a loan office hasn’t changed. Being a loan officer (LO) hasn’t changed.

Loan Officers 349

Loan Officers Mortgage Technology Insurance 349

Housing Wire

JANUARY 29, 2021

Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years.

Loan Officers 402

Loan Officers Mortgage Housing Market Valuation 402

Housing Wire

NOVEMBER 30, 2022

Cloudvirga’s platform solves for both by creating the best experience for borrowers and loan officers. The Cloudvirga team has been able to dramatically improve the experience of the borrower and the loan officer. It focuses on more than just task management and automation.

Loan Officers 298

Loan Officers Clients Tools Marketing 298

Appraisal Buzz

OCTOBER 28, 2021

. , a vertical software and InsurTech company, has acquired Floify , a provider of digital mortgage automation and point-of-sale software for mortgage companies and loan officers. Based in Colorado, Floify helps mortgage companies and loan officers create a better mortgage and.

Loan Officers 195

Loan Officers Mortgage Appraisal Insurance 195

Appraisal Buzz

MAY 18, 2022

Mehdi Pirzadeh has re-joined Embrace Home Loans as senior loan officer and vice president in the company’s Rockville, Md. Pirzadeh is a top-producing loan originator who previously worked for Embrace and recently returned, drawn back by the company’s commitment to customer service and giving back to the community.

Loan Officers 150

Loan Officers Mortgage Appraisal 150

Appraisal Buzz

SEPTEMBER 1, 2021

To find out, MortgageOrb recently interviewed Juan Farias, branch manager in Homespire Mortgage ‘s Orlando office, where he and his team work with all clients – from first-time home buyers to military personnel to first responders to experienced investors – to help them achieve their dreams of homeownership.

Loan Officers 195

Loan Officers Client Relationships Clients Technology 195

Housing Wire

APRIL 19, 2023

Loan officers took to social media to support the “long overdue” legislative proposal. “I Another loan officer in California noted that clients get a lot more calls than before from competing lenders after a credit inquiry, causing confusion to consumers and making business a lot harder for LOs. “It

Loan Officers 460

Loan Officers Mortgage Clients Finance 460

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. Being on multiple builders’ lists is a way to rack up more deals for loan officers. “A

Mortgage 406

Mortgage Loan Officers Real Estate Agent Inventory 406

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 155

Loan Officers Real Estate Lending 155

Housing Wire

MAY 25, 2023

Few loan officers make the purchase product a main part of their business. Real estate agents, loan officers and builders can attract customers they have never captured before. Many of these loan officers have existing relationships with real estate agents and builders,” Cooper said. “If

Real Estate Agent 325

Real Estate Agent Loan Officers Real Estate Mortgage 325

Housing Wire

MAY 2, 2023

Despite Thompson’s statement, loan officers have been raising concerns that the new changes are keeping middle-income borrowers with high credit scores from homeownership. “If It’s basically putting a tax on these folks,” the loan officer said.

Loan Officers 430

Loan Officers Government Mortgage Real Estate 430

Housing Wire

MAY 1, 2023

The tool is designed to address the issue of sensitive data being handled by lenders and loan officers on a daily basis, including social security numbers, paystubs, and tax returns. According to Maxwell, the company’s suite of tools have resulted in a 20% increase in loans closed per loan officer.

Mortgage 334

Mortgage Loan Officers Tools Lending 334

Housing Wire

JANUARY 11, 2023

For most of 2022, UWM had an aggressive pricing strategy in place to gain market share and attract loan officers from the retail to the wholesale channel. With the Game On initiative, the lender slashed prices across all loans by 50 to 100 basis points. . ” .

Loan Officers 469

Loan Officers Real Estate Agent Mortgage Real Estate 469

Housing Wire

FEBRUARY 9, 2023

“That’s the bullseye, it’s not just getting someone’s Social Security number so you can run a credit report and approve them for a loan. The loan officers that do the best are the financial literacy teachers.” Plus,] you’ll get good at having a critical conversation that loan officers should be able to have.”

Loan Officers 355

Loan Officers Mortgage Real Estate Agent Real Estate 355

Housing Wire

SEPTEMBER 16, 2022

Loan Officer Freedom. Host Carl White, founder of The Mortgage Marketing Animals loan officer coaching program, shares insights for loan officers on how to close more while working less. Loan Officer Leadership. 10 Loans a Month. 10 Loans a Month. The Loan Officer Podcast.

Mortgage 435

Mortgage Loan Officers Real Estate Lending 435

Housing Wire

APRIL 20, 2023

Distributed retail lender Guild Mortgage has picked up a top-producing team of loan officers, branch managers and back-office staff in California from rival retail shop Fairway Independent Mortgage.

Loan Officers 341

Loan Officers Mortgage Retail Investing 341

Housing Wire

NOVEMBER 30, 2022

The solution leverages the power of innovative, integrated technologies to not only simplify the mortgage application and approval process for borrowers, but also to improve the backend process for loan officers. Borrower Digital is further enhanced with Black Knight’s companion solution Loan Officer Digital.

Loan Officers 367

Loan Officers Mortgage Clients Technology 367

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 468

Loan Officers Mortgage Realtors Lending 468

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

Loan Officers 356

Loan Officers Mortgage Training Lending 356

Housing Wire

MAY 10, 2023

This has serious consequences for real estate agents and loan officers alike, since it’s usually a zero sum game. I sent pre-approvals two-to-three times a day, and then there are 30-plus offers on the homes and I virtually never get contracts,” one veteran loan officer told HW in late March.

Loan Officers 337

Loan Officers Real Estate Real Estate Agent Inventory 337

Housing Wire

JANUARY 11, 2023

Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. . “It seems like, with every small drop in interest rate, the homebuyer’s interest picks up a little bit. .

Mortgage 529

Mortgage Sellers Loan Officers Buyers 529

Housing Wire

MARCH 6, 2023

In addition, plaintiff Michael Blake, a loan officer who worked at Celebrity for five years until his termination in early February, claims the companies failed to timely pay wages, commissions, and financial compensation in violation of the Illinois Wage Payment and Collection Act. Volumes reached $5.9

Loan Officers 390

Loan Officers Mortgage Lending Legal 390

Housing Wire

FEBRUARY 14, 2023

Insellerate Modern CRM, Engagement & Customer Intelligence Platform Insellerate helps loan officers close more loans with our award-winning modern CRM, Lead Management, and Engagement platform, which handles all your lending channels, retail, wholesale, TPO, Consumer Direct, and Reverse.

Real Estate Agent 278

Real Estate Agent Loan Officers Real Estate Mortgage 278

Housing Wire

DECEMBER 19, 2022

Founded in 2017 by Hodgson, NXT originated $255 million in mortgages over the last 12 months, 74% of which were purchase loans, according to the mortgage tech platform Modex. NXT has 35 active loan officers, the data shows. UMortgage and NXT declined to provide information on the financial terms of the deal. .

Brokerage 458

Brokerage Loan Officers Mortgage Contracts 458

Housing Wire

APRIL 20, 2023

Denver-based brokerage franchise Motto Mortgage , owned by RE/MAX , has accused broker shop UMortgage of “tortious interference” in its contract with a former franchisee called TRB Solutions, whose controlling member was Breon Price, the top-producing loan officer. According to a lawsuit filed in March in a U.S

Contracts 353

Contracts Mortgage Loan Officers Brokerage 353

Housing Wire

MAY 10, 2023

Blend Blend’s end-to-end mortgage suite delivers a world class experience for both borrowers and Loan Officers while delivering powerful operational efficiency with automation and data driven workflows.

Loan Officers 307

Loan Officers Mortgage 307

Housing Wire

MAY 4, 2022

LoanSnap has unveiled a cloud-based portal called LoanFLow that will allow licensed brokers and loan officers in the U.S. The company says its new LoanFlow portal will allow originators to close loans in as little as 24 hours and in 15 days on average, the company said. to originate mortgages anywhere at any time.

Loan Officers 301

Loan Officers Mortgage Technology Tools 301

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. .

Mortgage 331

Mortgage Loan Officers Lending Construction 331

Housing Wire

MAY 26, 2022

A Florida-based loan officer faces more than 30 years in federal prison if convicted on charges alleging she falsified divorce papers and child support payment information to help unqualified borrowers secure a loan, according to a Department of Justice indictment. Her place of work was not disclosed.

Loan Officers 435

Loan Officers Mortgage Insurance Clients 435

Housing Wire

DECEMBER 13, 2022

Shant Banosian, EVP at Guaranteed Rate and a top producing loan officer who eclipsed $1 billion in mortgage production in each of the last two years, said he also cut his team size by half while focusing on growing market share. billion in loan volume in 2020 and topped his record at $2.2 Banosian funded $1.7

Real Estate Agent 399

Real Estate Agent Loan Officers Mortgage Real Estate 399

Housing Wire

JANUARY 10, 2023

Not every loan officer that wanted to join APM was hired, however. The focus was on high-producing and profitable branches — and the loan officers who were part of those branches were brought over, Lowman explained. . “We We can get them (LOs) running in about 30 days.

Mortgage 332

Mortgage Loan Officers Finance Training 332

Housing Wire

MAY 23, 2022

Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark. The latest round of WARN notices will impact 59 loan officers in the Thousand Oaks, Pasadena, and Roseville offices.

Loan Officers 418

Loan Officers Mortgage Human Resources Lending 418

Housing Wire

JANUARY 17, 2023

“The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A These hopes for a declining rate have many loan officers feeling optimistic about 2023’s business prospects after experiencing lower volumes last year. A 5% market will be good.

Real Estate Agent 355

Real Estate Agent Loan Officers Real Estate Marketing 355

Housing Wire

MAY 25, 2023

Colonial Savings, a federally chartered thrift founded in 1952, originated $470 million in mortgage loans over the last 12 months, per the mortgage tech platform Modex. The company had 53 active loan officers and 30 branches, per the Modex data. loans, adjustable rates, and home equity, among others.

Mortgage 346

Mortgage Business Loan Officers Inventory 346

Housing Wire

FEBRUARY 22, 2023

The relationship between a loan officer and a real estate agent is one of the most important pieces of the puzzle, as the two must combine forces to help borrowers achieve their goal of buying a home. The event that strengthens bonds Ultimately, loan officers should aim to be a valuable partner to the real estate agents you work with.

Real Estate 369

Real Estate Real Estate Agent Loan Officers Agents 369

Housing Wire

SEPTEMBER 24, 2022

Pink slips were issued to workers in the learning and development team, developers and support staffers in the IT department, as well as loan officers, multiple current and former employees told HousingWire. Caliber did not respond to requests for comment.

Loan Officers 435

Loan Officers Mortgage Finance Development 435

Housing Wire

NOVEMBER 29, 2022

Given the market contraction and numerous layoffs in the industry, it may be surprising to think that loan officer recruitment and retention could be a focus for some lenders and independent mortgage banks right now. Loan officers tend to move shops for one of two primary reasons: pain or gain.

Loan Officers 370

Loan Officers Mortgage Lending Investing 370