Housing Wire

JUNE 6, 2023

Rocket Mortgage is looking to hire local loan officers at a time when mortgage rates are high and the industry remains heavily reliant on the purchase market. Rather, Rocket is simply focused on the purchase market now, just like most other lenders in this market. “I

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Loan Officers Mortgage Retail Real Estate Agent 296

Housing Wire

AUGUST 25, 2022

With the deal, Movement adds the brokerage’s more than $400 million in annual sales volume and 48 employees, including loans officers, support staff and executive members, to serve homebuyers and real estate agents in the Greater Boston Area. . billion in the area, the company said. .

Brokerage 475

Brokerage Mortgage Loan Officers Real Estate Agent 475

Housing Wire

APRIL 14, 2022

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. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 521

Mortgage Marketing Retail Lending 521

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. Desmond Smith: There are two ways to get a mortgage — wholesale or retail.

Mortgage 350

Mortgage Retail Lending Loan Officers 350

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. I know Rocket Homes has been happy to see it.

Loan Officers 345

Loan Officers Mortgage Real Estate Agent Real Estate 345

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 501

Buyers Agents Mortgage Real Estate Agent 501

Housing Wire

FEBRUARY 16, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with New American Funding CEO and Co-founder Rick Arvielo to talk about the acquisition, the company’s strategy for the rest of 2024, and what differentiates NAF in this market. Sarah Wheeler: Market conditions have fueled a lot of M&A activity recently.

Loan Officers 382

Loan Officers Retail Clients Real Estate Agent 382

Housing Wire

JUNE 22, 2023

On June 1, Arizona-headquartered retail lender AmeriFirst Financial Inc. AmeriFirst will keep physical branches in 20 states, but under a new corporate model, no branch managers will make an override on the production of the loan officers they manage. relaunched its forward mortgage originations.

Loan Officers 330

Loan Officers Mortgage Real Estate Agent Business 330

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. Steinway left Guaranteed Rate last month, eight years after he returned to the Illinois retail lender in January 2015.

Mortgage 342

Mortgage Loan Officers Lending Retail 342

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. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

JULY 29, 2022

Cuts were being made in back-office staff (71%), general and administrative expenses (66%) and loan officers (19%), according to the survey. billion in loan origination volume in 2021. “We Lenders that expanded even in a challenging origination market include Arizona lender Geneva Financial and Planet Home Lending.

Mortgage 378

Mortgage Loan Officers Lending Real Estate Agent 378

Housing Wire

NOVEMBER 22, 2022

Movement Mortgage’s deal to acquire top indie retail lender Mortgage Network marks a shift in the South Carolina-based company’s strategy. “Over the years, we’ve been more focused on organic growth, one loan officer at a time,” said Mike Brennan, who became Movement’s president in January 2021.

Loan Officers 383

Loan Officers Retail Business Mortgage 383

Housing Wire

APRIL 29, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Rochester, New York.

Housing Market 330

Housing Market Marketing Agents Real Estate 330

Housing Wire

APRIL 18, 2023

The outside distributor retail is a hedge against the call center in the different environments. Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house.

Retail 303

Retail Business Agents Loan Officers 303

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. At UWM we focus on our client service, operational efficiency and speed to close loans. Blink+ is a white-label, borrower-facing digital application tool.

Tools 304

Tools Training Technology Clients 304

Housing Wire

NOVEMBER 13, 2023

Thus, these systems have evolved over time to provide the necessary backbone for lending operations and ensure compliance, scalability and adaptability across various lending models, from wholesale to retail. Patrick O’Brien is co-founder and CEO of LenderLogix.

Technology 371

Technology Design Lending Real Estate Agent 371

Housing Wire

NOVEMBER 10, 2020

His corner of the Atlanta mortgage market – high-value home loans that wouldn’t be bought by the GSEs – was booming. At that point, Dodson was actively working on a jumbo loan for friends of his from church. Mark Dodson was having a promising start to the year. ” “I lost $6 million in April,” the broker added.

Business 427

Business Mortgage Investors Loan Officers 427

Housing Wire

JANUARY 24, 2023

. “Sometimes 10-20 basis points is all an LO needs to win over a real estate agent or get creative on a borrower’s loan,” the lender said in a statement. According to them, lenders are more likely to assume risk when the market is slowing down to gain market share – or to avoid closing doors.

Lending 344

Lending Law Legal Training 344

Housing Wire

DECEMBER 20, 2022

When the refi market dried up in 2022, business took a drastic turn for Thuan Nguyen, CEO of Loan Factory and the top loan originator on the Scotsman Guide for the last two years. Read on for Nguyen’s new business strategies for 2023, how he plans to scale his business and prospects for the housing market.

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Mike, a North Carolina-based loan officer, had two loans closing in mid-January. The contrast between the deals was striking. “I have a loan closing today for first-time homebuyers who didn’t really press me on pricing,” he said.

Loan Officers 376

Loan Officers Mortgage Lending Real Estate Agent 376

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 370

Lending Real Estate Agent Loan Officers Retail 370

Housing Wire

AUGUST 16, 2023

That alone suggests better days ahead for IMBs, even if rates don’t fall into the 6s for a few more months, the secondary market remains a mess, and seasonality results in low volume in the first quarter of 2024. This should contribute to the biggest IMB lenders gobbling up additional market share, even if no single lender is at 10%.

Retail 333

Retail Real Estate Agent Business Mortgage 333

Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? To read more, Click Here To read the listing with a virtual tour and 111 photos, Click Here == Some red flags for the housing market By Ryan Lundquist, May 2, 2024 Excerpts: Consumers are feeling economic pain, and we need to talk about some of the things that are brewing.

Reconsideration of Value 70

Reconsideration of Value Appraisal Real Estate Insurance 70

Housing Wire

JULY 18, 2022

Purchase-focused lenders that didn’t balloon in size to capture refinancing business during the boom, in particular, are looking to hire loan officers. And mortgage brokerages, which don’t have the burden of high overhead, are heavily recruiting retail LOs whose pipelines have thinned in recent months.

Mortgage 445

Mortgage Brokerage Retail Business 445

Housing Wire

AUGUST 17, 2022

The mobile-first functionality feature allows borrowers, lenders’ staff, real estate and settlement agents to use it on any web-enabled device, including iPads and desktops, according to the firm. Its core features include an integrated home search, loan payments calculator and the ability to begin a loan application.

Lending 356

Lending Real Estate Agent Real Estate Technology 356

Housing Wire

AUGUST 29, 2022

After two golden years in the mortgage market during the pandemic period, refis have dried up and the industry has since pivoted toward a purchase market. It’s been about two months since UWM rolled out its new pricing strategy and Ishbia says he is already seeing the impact on the market. . Multibillion dollar investment.

Investing 406

Investing Loan Officers Retail Mortgage 406

Housing Wire

APRIL 26, 2023

The retail channel – which accounts for 85% of the lender’s entire business – is On Q Financial’s bread and butter, and the remaining 15% of production comes from the correspondent and wholesale channel, Lamb noted. “We On Q Financial is looking to benefit from servicing its referral partners throughout their lifecycle.

Real Estate 393

Real Estate Brokerage Retail Business 393

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Appraisal Today

AUGUST 13, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard. Markets hate uncertainty. Or hit the reply button.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

OCTOBER 14, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Reviews and Revisions, AMC layoffs, real estate market, unusual homes, mortgage origination stats, etc. ==. Utah’s Largest Home Hits the Market With a Bowling Alley and Lazy River for $17.5M, discounted from the initial $21 million listing last year.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

JANUARY 12, 2024

FHFA Report: Underutilization of Appraisal Time Adjustments Published: 1/8/2024 Excerpts: Fannie Mae, Freddie Mac, and Federal Housing Administration appraisal guidelines require such adjustments whenever market conditions have been changing. My market is very volatile. Many referrals come from real estate agents.

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Housing Wire

OCTOBER 10, 2023

And the market has gotten much darker over the last few years. After six years of no enforcement actions and a rapidly declining housing market, RESPA attorneys believe some in the industry may be more willing to test the boundaries. “I The same happens with concert or sports tickets as a marketing opportunity.

Real Estate Agent 416

Real Estate Agent Loan Officers Real Estate Agents 416