Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Mortgage Marketing Radio. Mortgage Marketing Radio is a weekly podcast, hosted by Geoff Zimpfer, that covers “truth in mortgage marketing,” with interviews with top producers. Loan Officer Freedom.

Loan Officers 410

Loan Officers Mortgage Lending Modernization 410

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Because as loan officers, they believe that there’s nothing better than a broker channel, and to them this is most important for their consumers,” said Kortas. “We

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

JUNE 10, 2022

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. for Planet Home Lending, will focus on increasing market share by adding branches and loan originators.

Marketing 408

Marketing Real Estate Agent Lending Real Estate 408

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions.

Human Resources 383

Human Resources Loan Officers Retail Training 383

Housing Wire

OCTOBER 10, 2022

Ohio-based mortgage lender Lower imposed a round of layoffs last week due to market conditions, affecting 6% of its workforce, according to a spokesperson for the company. The Fed has increased the federal funds rate by 300 basis points so far this year to control surging inflation, resulting in a “ reset” of the mortgage market.

Retail 397

Retail Loan Officers Modernization Training 397

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

JUNE 30, 2022

Intuitive technologies developed and built by experts in both mortgages and technology can drive efficiency, reliability and profitability when paired with exceptional customer service. At UWM, we’re always looking for ways our brokers can grow their business,” said Justin Glass, Senior Vice President and Chief Digital Officer at UWM.

Mortgage 354

Mortgage Real Estate Agent Clients Tools 354

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. HousingWire: In today’s tight market, margin compression is impacting countless mortgage companies. You also have a mortgage market shrinking from $4.1

Marketing 367

Marketing Lending Loan Officers Training 367

Housing Wire

DECEMBER 16, 2021

The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels.

Mortgage 369

Mortgage Loan Officers Retail Training 369

Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

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Tools Training Technology Clients 306

Housing Wire

AUGUST 31, 2022

Lenders and applicants alike rely on powerful tools and technology that increase transparency and create ease, speed and convenience. The company’s predictive analytics platform not only provides lenders with the benefit of intuitive technology, it also helps more applicants qualify for mortgages.

Mortgage 363

Mortgage Clients Loan Officers Finance 363

Housing Wire

AUGUST 7, 2020

As record-low interest rates drive a refinance boom and spikes in mortgage applications, many businesses are adjusting to the present market. If your loan officers don’t have the resources to handle the inbound volume, they may not be able to follow up with every lead, which can lead to lost revenue.

Technology 384

Technology Tools Loan Officers Business 384

Housing Wire

AUGUST 31, 2020

And hiring in a wave of high volumes can mean layoffs when the market is less robust. Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. Indecomm’s Automation Continuum. That is where supervised automation comes in.”.

Lending 410

Lending Technology Tools Training 410

Housing Wire

DECEMBER 1, 2020

Paul Akinmade joined CMG Financial in 2016 to lead the expansion of the company’s marketing department ahead of a major staffing initiative. Within four years, Akinmade and his team have built a robust, automated marketing platform, which is driven by investment in technology, to give retail loan officers a competitive edge.

Loan Officers 216

Loan Officers Retail Training Design 216

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 392

Business Technology Human Resources HOA 392

Housing Wire

OCTOBER 22, 2021

Built using Rocket technology, the pricing calculator helps LOs see loan scenarios side-by-side so they can deliver better options to their clients. They can share up to three loan options with clients on one screen to present the best options. Accurate Market Pricing In One Minute.

Tools 383

Tools Clients Technology Real Estate Agent 383

Housing Wire

SEPTEMBER 22, 2020

So who could possibly be thinking about compliance right now, except maybe, compliance officers? This is not a suggestion where you drop what you’re doing, push your production team into training and staff up the compliance department. Enforcement agencies and regulators don’t take a break when the market is going well.

Training 389

Training Lending Loan Officers Technology 389

Housing Wire

APRIL 10, 2024

Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage and real estate. She is always strategizing for the future to stay one step ahead of current market trends.

Marketing 396

Marketing Loan Officers Real Estate Training 396

Housing Wire

JUNE 6, 2022

Company chief financial officer Patrick Flangagan said loanDepot doesn’t expect to be profitable this year and shared plans to reduce marketing personnel expenses. Loan origination volume dropped 26% to $21.6 billion from the previous quarter, according to the firm, bringing the company’s market share down to 3.1%.

Mortgage 421

Mortgage Loan Officers Lending Human Resources 421

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 361

Clients Technology Tools Loan Officers 361

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? However, today more than ever before, this ambitious goal is within reach thanks to the marketing power of the internet via social media. Sounds too good to be true, doesn’t it?

Loan Officers 370

Loan Officers Training Development Technology 370

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. Mortgage professionals say 2024 will be a ‘recovery year’ as markets slowly return to normal. A successful loan officer in this market needs a very capable qualified assistant.

Mortgage 450

Mortgage Loan Officers Inventory Business 450

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

JANUARY 10, 2024

In December, the National Multistate Licensing System (NMLS) showed that AmCap had more than 400 sponsored loan officers while CCM had over 4,000. Leonhardt said that AmCap employees will participate in a two-week training program at CCM, with the integration expected to be complete in 45 to 60 days. .

Retail 401

Retail Mortgage Loan Officers Training 401

Housing Wire

AUGUST 31, 2023

And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. A trained and vetted third party can perform the data collection. Who is eligible to take advantage of them?

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Modernization Appraisal Inspection Valuation 391

Housing Wire

AUGUST 23, 2021

However, this was a costly challenge considering that the ebb and flow of the market generally dictated how much an agent could invest in ramping up (or down). That’s true even if those complex, multi-outcome tasks didn’t really require highly trained professionals. The loan officer might send something via encrypted email.

Loan Officers 384

Loan Officers Agents Realtors Clients 384

Housing Wire

DECEMBER 11, 2023

According to the CFPB, hundreds of loan officers at BofA failed to ask mortgage applicants demographic questions and falsely reported that they had chosen not to respond.” How to make a difference in your market With just these three instances, clearly unfair housing (and lending) still exist. But we are not powerless.

Real Estate Agent 449

Real Estate Agent Real Estate Agents Lending 449

Housing Wire

OCTOBER 7, 2020

“The market remains underserved in the sense that the mortgage lending market has changed so quickly that everyone is still trying to keep up,” Stone said. Powered by robust AI, DecisionPoint is an automated title decisioning system that enables lenders to know almost instantly a loan’s application-to-close time.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

AmeriMac

MARCH 15, 2024

Some of the key factors considered in the selection and vetting process include: Local experience: Appraisers with knowledge and experience in the specific market where the property is located are preferred. AMCs also play a crucial role in maintaining property values and safeguarding the real estate market.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Clear Capital

SEPTEMBER 13, 2023

Great news for users of Encompass® by ICE Mortgage Technology®. What is Encompass by ICE Mortgage Technology? Encompass is a digital lending software available through ICE Mortgage Technology. Encompass is a digital lending software available through ICE Mortgage Technology.

Technology 36

Technology Valuation Mortgage Inspection 36

Housing Wire

JUNE 7, 2021

As a candidate, Biden’s campaign said he would “establish a national standard for housing appraisals” to ensure that appraisers are adequately trained, understand the neighborhoods in which they work and “do not hold implicit biases” that influence their work. Third : The efforts to automate property valuation should be enhanced.

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Appraisal Process Appraisal Decorating Valuation 473

Clear Capital

SEPTEMBER 29, 2021

” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. And it’s a technology we’ve been using as a customer for about a year. Interview with Ribbon Co-Founder & CEO Shaival Shah. Watch ClearCast E19. Listen to ClearCast E19. Jeff Allen. Kenon Chen.

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Sellers Agents Real Estate Buyers 69