Housing Wire

OCTOBER 12, 2023

Sarah Wheeler: In the past you said that technology isn’t a differentiator, it’s just an equalizer. Rich Weidel: Yes, and even more now that we’re seeing in this down cycle which technologies provide value and which are just an expense. It wasn’t that long ago that technology was going to change everything.

Mortgage 421

Mortgage Technology Contracts Realtors 421

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. Its parent Rocket Companies rode the wave to a stunning $9.4 billion in profit in 2020 and $6.1 billion in 2021.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

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. Presented by: Black Knight.

Loan Officers 441

Loan Officers Retail Business Mortgage 441

Housing Wire

JULY 19, 2022

Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. We interviewed more than 25 mortgage industry experts to gather the best insights, strategies, and recommendations to pivot and win in today’s market. Innovations in technology.

Mortgage 419

Mortgage Loan Officers Technology Real Estate 419

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. 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.

Loan Officers 413

Loan Officers Clients Mortgage Construction 413

Housing Wire

MARCH 20, 2023

Cloud-based loan origination system LendingPad has integrated with Aduvo, which provides mortgage marketing automation solutions. “In We’re excited and thankful for the opportunity to offer LendingPad users a turnkey mortgage marketing automation solution that works seamlessly with the LendingPad LOS ,” Bopp added.

Marketing 370

Marketing Mortgage Realtors Lending 370

Housing Wire

SEPTEMBER 29, 2022

Find out how housing leaders are interpreting this hot topic as they manage market changes and create a competitive edge in this engaging expert panel. 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.

Loan Officers 381

Loan Officers Real Estate Technology Business 381

Housing Wire

AUGUST 13, 2021

This tipping point came after several years of rapid technology growth in our industry. The trends we elaborated on two years ago, pre-COVID, are now the standard: Digital is the new normal and technology is now the price of entry rather than a competitive advantage. To them it’s just “a mortgage application.”. MLS reinvented.

Loan Officers 450

Loan Officers Real Estate Agent Modernization Technology 450

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Real Estate Agent 410

Real Estate Agent Real Estate Brokerage Realtors 410

Housing Wire

FEBRUARY 22, 2021

“Find the right mortgage with a local broker and Rocket technology,” intoned the narrator on the commercials, which premiered during the Super Bowl. The ads are mostly set not in a loan office, but a home showing. Rocket has since rode the wave of famously low interest-rates, which juiced the mortgage refinancing market.

Real Estate Agent 472

Real Estate Agent Real Estate Loan Officers Realtors 472

Housing Wire

AUGUST 10, 2022

“The most attractive thing about becoming part of PMG is having the resources to build a world-class, customer-centric organization the right way – one that is centered around partnering with Realtors and consumers,” Stamps said in a news release. “We The post Lone Peak Lending joins Panorama Mortgage Group appeared first on HousingWire.

Lending 421

Lending Human Resources Mortgage Loan Officers 421

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. “Now that we are licensed in 26 states, we can scale that pretty quickly.

Retail 423

Retail Loan Officers Brokerage Technology 423

Housing Wire

FEBRUARY 28, 2023

By adding JFQ’s technology stack, proven sales process, and seasoned leadership team, Prosperity is well positioned to execute its goal of becoming a significant force in the consumer direct channel with an equal focus on purchase and refinance transactions.” However, amid a challenging mortgage market, monthly production fell from over $1.1

Lending 377

Lending Loan Officers Government Realtors 377

Housing Wire

JUNE 27, 2023

According to HousingWire ‘s Q3 2023 LenderPulse survey, industry workers said they would cut down on marketing spend and tools, as well as reduce additional headcount, if they had to further contain costs. About 57% of 166 respondents in the LenderPulse survey do not plan to invest in tech, services or solutions.

Mortgage 366

Mortgage Marketing Tools Open Houses 366

Housing Wire

MARCH 1, 2021

But now that it’s all but certain we are coming into a true purchase market, the unknown and uncertainty that is the period prior to close will once again come under more scrutiny. With a purchase market, of course, comes higher production costs and weaker margins. There’s just a lot more to a purchase mortgage. Yet, it usually is.

Marketing 276

Marketing Realtors HOA Technology 276

Housing Wire

MARCH 23, 2022

Nominations for HousingWire’s Marketing Leaders award are now open through Friday, March 25, 2022. Marketers and loan officers need to be prepared for a longer lead-nurture timeline today than the refi market frenzy we experienced the last two years,” said Jim Anderson, chief marketing officer at Finance of America Mortgage.

Finance 329

Finance Loan Officers Lending Housing Market 329

Housing Wire

MARCH 1, 2021

Bolstad will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Lisa Patterson, chief originations officer at Homepoint. Bank Home Mortgage, Bolstad is responsible for over 4,000 employees, including nearly 1,400 mortgage loan officers.

Retail 397

Retail Lending Loan Officers Technology 397

Housing Wire

OCTOBER 1, 2021

Stevens, President at SRE.com, about the challenges mortgage loan officers and brokers face as the market continues to shift toward purchase money business and how human-assisted eCommerce can help them win more business. They ask their Realtor or trusted friend or family member for a referral.

Business 388

Business Loan Officers Real Estate Agent Real Estate 388

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. We will be ready for it.”

Retail 397

Retail Loan Officers Business Lending 397

Housing Wire

MARCH 30, 2023

Tech advancements in the broker space, which caught up to retail lenders ‘ levels, were another factor that helped him make the transition. “I think maybe if you look back a few years, the broker space from a technology perspective was lacking, but has really caught up to where retail was (…). How big is the company?

Mortgage 395

Mortgage Retail Loan Officers Brokerage 395

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.

Architecture 397

Architecture Real Estate Agent Loan Officers Real Estate 397

Housing Wire

NOVEMBER 2, 2022

Historically, that has represented a solid market, albeit not spectacular. For many firms, those efforts will include increased sales and marketing efforts and new products or services to tap into new markets. And not all of them are technological. Technology, too, has changed. Instead, it was a process change.

Business 393

Business Technology Human Resources HOA 393

Housing Wire

NOVEMBER 14, 2022

The primary challenge for non-QM has been the extreme volatility in the secondary markets. Self-employed borrowers, real estate investors and credit-worthy borrowers who have recovered from credit issues will always be in the market. Another key is that these loans are performing. That’s good news for the future of non-QM.

Lending 417

Lending Investors Loan Officers Technology 417

Housing Wire

DECEMBER 30, 2022

At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market. Whether it be through social media, connecting with real estate agents or going back to old-fashioned ways of knocking on people’s doors, they’ll have to focus on the purchase market going into the new year.

Renovations 409

Renovations Realtors Construction Mortgage 409

Housing Wire

JUNE 2, 2021

Prior to SimpleNexus, Schreiner Gates served as the EVP of sales and marketing at digital mortgage technology provider Ellie Mae (now ICE Mortgage Technology ). “We are going to go earlier in the process with realtors and later in terms of people moving in to their homes.

Real Estate Agent 290

Real Estate Agent Development Real Estate Technology 290

Housing Wire

SEPTEMBER 30, 2022

The uncertainty and volatility in financial markets is heavily impacting mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Consequently, the Federal Reserve increased the federal funds rate by 75 basis points at its Federal Open Market Committee (FOMC) meeting in September. A year ago at this time, rates averaged 3.01%.

Buyers 458

Buyers Mortgage Loan Officers Retail 458

Housing Wire

MARCH 15, 2022

Knock said that the Foundry Group , a Boulder, Colorado-based venture capital firm that specializes in early-stage technology companies, led the founding round. Other participants included the investment arm of the National Association of Realtors , and Mauricio Umansky, a Beverly Hills real estate broker who is CEO of The Agency.

Investing 418

Investing Loan Officers Real Estate Finance 418

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. In 2016 LLR led a $26.5 No surprise here. Jobs are important.

Real Estate 378

Real Estate Brokerage Real Estate Agent Technology 378

Housing Wire

AUGUST 3, 2023

Rocket Companies , the parent of Rocket Mortgage , returned to profitability in the second quarter of 2023 driven by an increase in the purchase mortgage market share and expense cuts in business lines that aren’t profitable. Rocket is focused on bringing in origination volume from existing homes on the market.

Clients 363

Clients Business Inventory Mortgage 363

Housing Wire

FEBRUARY 11, 2021

Christensen has 17 years of mortgage industry knowledge, jumpstarting her career as a loan officer in 2003 until 2008 when she began to work with the many American families facing foreclosure due to the Great Recession. The focus of the Spring Summit is The Year-Round Purchase Market.

Loan Officers 236

Loan Officers Real Estate Technology Mortgage 236

Housing Wire

OCTOBER 31, 2023

HousingWire recently spoke to Sandra Madigan, EVP of product strategy – servicing technology at ICE Mortgage Technology , about improving the home buying and ownership experience with technology and how the industry can do so thoughtfully. Sandra Madigan: I would start by saying that there is no true fully digital experience.

Technology 426

Technology Tools Loan Officers Development 426

Housing Wire

DECEMBER 6, 2022

So, about two weeks before the closing was scheduled to take place, the builder reaches out to me and was like, ‘The loan officer on your client’s file got laid off and we are assigning a new one to it.’ But some of those partnerships are getting turned on their head as the mortgage industry reckons with the housing market slowdown.

Real Estate 370

Real Estate Real Estate Agent Clients Agents 370

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. I think I built a very good system – good process and good technology. “I CK: Has there been layoffs at Loan Factory as well?

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. That is a lot of technology and a lot of wasted effort. This interview has been edited for length and clarity.

Technology 407

Technology Real Estate Agents Design 407

Housing Wire

MAY 9, 2024

Rocket Companies , the parent company of Rocket Mortgage , hired its first chief technology officer this week, bringing former Thomson Reuters and Intel executive Shawn Malhotra into the fold. As a technologist, one of the biggest strategic imperatives that we have is to bet big on technology , and specifically AI technology.

Clients 363

Clients Technology Tools Loan Officers 363

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. Technological connectivity The new generation of buyers is going all in on technology.

Real Estate Agent 373

Real Estate Agent Real Estate Project Management Agents 373

Housing Wire

JANUARY 25, 2024

Editor in Chief Sarah Wheeler sat down with Matt Van Fossen, CEO of Absolute Home Mortgage and Mortgage Automation Technologies , to talk about his unique view of the housing ecosystem and how it influences how he builds technology. How do all those different roles influence the technology you build?

Loan Officers 416

Loan Officers Real Estate Agent Agents Technology 416