Housing Wire

OCTOBER 31, 2022

Her role will focus on technology to drive the company’s growth. Michael Brennan, president of Movement, said Waggoner can empower loan officers with the tools they “need to win.”. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added.

Loan Officers 356

Loan Officers Mortgage Technology Tools 356

Housing Wire

FEBRUARY 16, 2024

Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States. We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. That’s why we started NAF Cash.

Loan Officers 423

Loan Officers Retail Clients Real Estate Agent 423

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 Retail Business Mortgage 468

Housing Wire

JUNE 28, 2023

After all, the average retail lender lost nearly $2,000 per loan in the first quarter, and I expect losses to be similar in Q2 and elevated in Q3. For the mortgage industry, more often it’s about making the very hard choices these days – exiting a channel, deciding which star performer to let go, etc.

Mortgage 351

Mortgage Retail Investing Open Houses 351

Housing Wire

SEPTEMBER 23, 2022

The acquisition will strengthen Thrive’s retail channel and bring with it new territories amidst arguably the most challenging mortgage market since the early 1980s. . Thrive’s chief operations officer Selene Kellam , who designed the lender’s operations workflow, will be the chief executive officer starting in 2023.

Mortgage 370

Mortgage Retail Loan Officers Technology 370

Housing Wire

MARCH 15, 2021

HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. HW: What are some strategies that retail lenders should look at adopting from direct-to-consumer lending?

Lending 412

Lending Retail Mortgage Loan Officers 412

Housing Wire

NOVEMBER 13, 2023

In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. Adjust your expectations At its core, an LOS is designed to serve a very specific purpose: ensuring that lenders can originate compliant and sellable loans. The LOS is a foundational piece of technology for every lender.

Technology 409

Technology Design Lending Real Estate Agent 409

Housing Wire

MARCH 14, 2024

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot , recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper into the current reverse mortgage business environment, she offered additional perspectives on multiple topics.

Mortgage 383

Mortgage Clients Loan Officers Tools 383

Housing Wire

OCTOBER 22, 2021

This week’s HW+ spotlight features Karen Mayfield, head of National Retail Sales at Wyndham Capital Mortgage. In her role, Mayfield is tasked with expanding on the company’s digital roots into the retail mortgage environment. Karen Mayfield: Loan officers. So why do I need an expensive loan officer?

Loan Officers 346

Loan Officers Retail Mortgage Tools 346

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

Lending 352

Lending Technology Tools Loan Officers 352

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].

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Modernization Technology Appraisal Mortgage 67

Housing Wire

SEPTEMBER 14, 2020

The mortgage industry, in general, has lagged behind other industries in terms of maximizing the benefits of new technologies. While other industries have learned to deliver high levels of customer engagement and satisfaction to online consumers, too many lenders are still originating loans much as they were 20 years ago.

Lending 479

Lending Mortgage Technology Business 479

Housing Wire

MARCH 1, 2021

It’s much more efficient to reach a loan officer and input an application into the pipeline than ever before. In 2019, The MBA estimated that for depositories, 46% of retail origination costs were used to cover sales functions. We’ve seen great advances in LOS technology in the just the past two years. Yet, it usually is.

Marketing 255

Marketing Realtors HOA Technology 255

Housing Wire

FEBRUARY 8, 2023

Now we face another inflection point as forward-thinking lenders come to view the borrower intelligence platform — BIP for short — as equally mission-critical technology. Measurement and Optimization: BIPs provide lenders with the data and tools to measure and adjust performance across the individual, branch and enterprise level.

Loan Officers 70

Loan Officers Technology Lending Transportation 70

Housing Wire

DECEMBER 20, 2022

While Nguyen had to cut his workforce to about half this year, he plans to scale his company in 2023 by hiring 1,000 LOs and targeting the purchase market in Loan Factory’s 44 licensed states. “I I think I built a very good system – good process and good technology. CK: Has there been layoffs at Loan Factory as well?

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

SEPTEMBER 28, 2023

In my career, I’ve swung between enabling technology and securing it at the same time. SW: At PRMG, do you generally build or buy technology? Well, technology is now the sixth tenet, because you can’t do any part of the other ones without the technology and that’s where the big change has happened.

Technology 436

Technology Loan Officers Lending Business 436

Housing Wire

AUGUST 17, 2022

Mortgage lender Angel Oak Home Loans has implemented SimpleNexus ‘ all-in-one mortgage app to streamline its loan origination process. The Atlanta mortgage lender, which offers agency and non-qualified mortgage (non-QM) products, will implement the tech firm’s Nexus Origination and Nexus Engagement tools.

Lending 362

Lending Real Estate Agent Real Estate Technology 362

Housing Wire

JUNE 11, 2021

Thanks to the convenience of online rate-shopping tools, a boost in consumer knowledge of the homebuying process, and a growing number of independent mortgage banks, it is now more difficult than ever to lock in a borrower. Any loan officer knows that securing a deal sometimes requires a reduction to margin. What’s worse?

Tools 320

Tools Mortgage Loan Officers Retail 320

Appraisal Today

SEPTEMBER 15, 2023

One-quarter (26 percent) cite technology fees (not an option in 2022). May a representative of the lender provide an appraisal management company a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer? This is up sharply from 27 percent last year.

Appraisal 81

Appraisal Real Estate Agent Contracts Real Estate 81

Appraisal Today

OCTOBER 14, 2022

Today, while there still remains some stickiness to the QC revision process, a recent survey completed by The STRATMOR Group commissioned by appraisal management technology company Reggora, indicates 25% of appraisal reports require some form of revision. from 1.02 (including the origination fee) for 80 percent LTV loans.

Appraisal 52

Appraisal Insurance Real Estate Business 52