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. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000. It’s the local relationships.

Mortgage 348

Mortgage Loan Officers Lending Retail 348

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. In addition, they can hire a dedicated team who will help identify potential real-estate agent partnerships and schedule one-on-one introductory meetings.

Mortgage 303

Mortgage Real Estate Agent Clients Tools 303

Housing Wire

JANUARY 17, 2024

They own the home with their name on the title, as with any mortgage, traditional or reverse. They own the home with their name on the title, as with any mortgage, traditional or reverse. Consumers who are introduced to the HECM for Purchase loan option are often skeptical at best, with many thinking it’s too good to be true.

Finance 464

Finance Real Estate Agent Real Estate Insurance 464

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. According to the Mortgage Bankers Association ’s yearly forecast, purchase mortgage originations are expected to grow by 9% to $1.73

Marketing 413

Marketing Real Estate Agent Loan Officers Advertising 413

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 wemlo, his primary focus is to enhance the existing loan processing platform to improve user experience.

Marketing 407

Marketing Real Estate Agent Lending Real Estate 407

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. And so, they know the local real estate agents. Diagnosing low H4P uptake. Harlan Accola.

Business 343

Business Real Estate Agent Real Estate Loan Officers 343

Housing Wire

FEBRUARY 24, 2023

They value a previous underwriter, loan officer or real estate agent’s experience in the industry because these candidates have a deep knowledge of the inner workings of the business. That vast experience could be just what a rookie agent or loan officer needs.

Loan Officers 368

Loan Officers Real Estate Agent Real Estate Agents 368

Housing Wire

MARCH 15, 2021

Before Thursday, March 4, John was an unabashed fan of United Wholesale Mortgage. His West Coast brokerage shop sent tens of millions of dollars in loans to the wholesale mortgage giant in recent years. Rocket is training real estate agents to originate loans, and Fairway is trying to poach loan officers, he claims.

Real Estate Agent 404

Real Estate Agent Loan Officers Retail Training 404

Housing Wire

NOVEMBER 23, 2022

Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. It’s a terrible time for homebuyers.

Buyers 492

Buyers Marketing Sellers Loan Officers 492

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. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At 1 wholesale mortgage lender in the nation for six years running.

Tools 321

Tools Training Technology Clients 321

Housing Wire

MARCH 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Real estate agents and LOs: the great collaboration. “I would say it’s in every mortgage broker agreement.

Real Estate Agent 396

Real Estate Agent Retail Real Estate Design 396

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 450

Real Estate Agent Loan Officers Real Estate Agents 450

Housing Wire

OCTOBER 22, 2021

There are many more moving pieces and loan originators spend a great deal of time communicating with clients and their real estate agents. Rocket Pro TPO helps accelerate the entire mortgage process with underwriting speed and by offering brokers’ clients the information they need in a concise and clear format. .

Tools 373

Tools Clients Technology Real Estate Agent 373

Housing Wire

DECEMBER 11, 2023

Recent examples from the news “CFPB fines BofA $12M for failing to collect data on mortgage applicants” “The Consumer Financial Protection Bureau (CFPB) imposed a $12 million penalty on Bank of America (BofA) for violating federal laws by submitting false mortgage lending information for about four years, it announced on Monday.

Real Estate Agent 455

Real Estate Agent Real Estate Agents Lending 455

Housing Wire

JANUARY 24, 2023

United Wholesale Mortgage ‘s (UWM) aggressive moves to gain an edge on the competition tend to provoke controversy. “But the rule doesn’t want loan originators, like brokers, to be able to play around on a case-by-case basis with their compensation, even though it could be a great thing for the consumer.”

Lending 350

Lending Law Legal Training 350

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. An additional 21% closed 1.5

Business 448

Business Mortgage Loan Officers Inventory 448

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 416

Loan Officers Mortgage Lending Real Estate Agent 416

Realtor

FEBRUARY 13, 2023

Illustration by Realtor.com / Getty Images Getting a mortgage to buy a home is a process, with many hoops and hurdles to jump through and over before reaching the finish line. And this is particularly true for certain specialized loans, like those offered by the United States Department of Agriculture. land are eligible. .

Development 156

Development Loan Officers Appraisal Finance 156

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 399

Lending Real Estate Agent Loan Officers Retail 399

Housing Wire

JULY 25, 2023

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? More critical than training on skills is training on having a strong mindset,” said Matt Weaver. for purchase mortgage origination, and he is taking the stage at HW Annual. My customer is the real estate agent.

Real Estate Agent 262

Real Estate Agent Mortgage Real Estate Training 262

Genworth MI Blog

JULY 13, 2023

They could be a licensed appraiser and an authorized real estate agent, two appraisers, etc. Despite this, those of us in the mortgage industry are staying alert and vigilant. Lenders and those in the mortgage industry should also consider their internal risk appetite when utilizing the appraisal report.

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Appraisal Inspection HOA Real Estate 78

Housing Wire

DECEMBER 20, 2022

He built features that cater to realtors’ needs – such as weekly updates on the housing market, daily alerts of mortgage rates and keeping real estate agents informed of borrowers’ pre-approval status. I have about five loan officers helping me, and I have more than 30 processors and assistants helping me.

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 392

Real Estate Agents Real Estate Agent Clients 392

Assurance Financial

DECEMBER 20, 2021

Many homeowners whose needs change often decide to take out a second mortgage to fund their renovations. I’m sure you have questions, and I am a mortgage expert. I’m sure you have questions, and I am a mortgage expert. Living in a city might also make travel more accessible due to access to airports and train stations.

Mortgage 69

Mortgage Renovations Buyers Investing 69

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 369

Insurance Real Estate Technology Loan Officers 369

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. They then go to get their mortgage.

Sellers 69

Sellers Agents Real Estate Buyers 69