Housing Wire

DECEMBER 9, 2022

Margin compression, higher mortgage rates, and a purchase-focused market are dictating more sales process control among loan officers and fewer layers of bureaucracy in retail lenders. And, according to Covey, the changes are necessary in traditional retail lenders to navigate the industry headwinds. he asked. “It

Mortgage 401

Mortgage Retail Real Estate Agent Loan Officers 401

Housing Wire

JANUARY 17, 2023

The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A A 5% market will be good. I think that brings enough people back into the market, [though] I do think there’s still a lot more demand than supply.”. Make a plan. Continue to educate.

Loan Officers 335

Loan Officers Marketing Real Estate Agent Real Estate 335

Housing Wire

JANUARY 11, 2023

Michigan-based United Wholesale Mortgage (UWM) is taking another step to aggressively reduce its prices in order to gain market share in a shrinking mortgage market. . For most of 2022, UWM had an aggressive pricing strategy in place to gain market share and attract loan officers from the retail to the wholesale channel.

Loan Officers 437

Loan Officers Retail Real Estate Agent Government 437

Housing Wire

JANUARY 17, 2024

Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate agents and offer educational material around the home buying and refinancing processes, along with a database of independent mortgage brokers near them, said UWM in a news release Wednesday. Of the total, $29.7 billion and $33.5

Mortgage 369

Mortgage Real Estate Agent Modernization Retail 369

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 519

Mortgage Marketing Retail Lending 519

McKissock

SEPTEMBER 5, 2022

In recent years, the real estate industry has noticed some significant trends in the commercial and residential housing markets. For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. .

Retail 73

Retail Real Estate Investors Real Estate Agent 73

Housing Wire

AUGUST 2, 2023

Its aggressive inflation-crushing policy extinguished the greatest refi market in history – these days, nearly 90% of residential mortgage originations are purchase loans. For this exercise, I’ll be relying on Inside Mortgage Finance data and looking at origination volume, purchase market share percentage and the lender’s overall mix.

Marketing 284

Marketing Business Retail Lending 284

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. On the non-QM side, only 3% of the market has been penetrated. But we’re heading into different segments of the ocean.

Loan Officers 364

Loan Officers Agents Retail Technology 364

Housing Wire

JANUARY 5, 2021

In a statement confirming the deal Tuesday afternoon, Guaranteed Rate said the acquisition of Stearns would enable a boost in retail loan originations and further scale its JV platform, while also developing “new multichannel capabilities.”

Lending 536

Lending Retail Real Estate Agent Brokerage 536

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 359

Lending Real Estate Agent Loan Officers Retail 359

Housing Wire

FEBRUARY 14, 2023

Insellerate Modern CRM, Engagement & Customer Intelligence Platform Insellerate helps loan officers close more loans with our award-winning modern CRM, Lead Management, and Engagement platform, which handles all your lending channels, retail, wholesale, TPO, Consumer Direct, and Reverse. Get More Info

Loan Officers 288

Loan Officers Modernization Real Estate Agent Retail 288

Housing Wire

MARCH 15, 2024

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. You should be finding buyers before real estate agents anyway.”

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

JUNE 5, 2023

Desmond Smith: There are two ways to get a mortgage — wholesale or retail. Retail lending is when you walk into a bank branch or go to an online lender, and they help you get a mortgage. Up until the financial crisis in 2008, mortgage brokers held nearly 50% market share. HW: How is broker market share trending?

Mortgage 342

Mortgage Retail Lending Loan Officers 342

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 375

Inventory Housing Market Marketing Construction 375

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 402

Real Estate Agent Loan Officers Real Estate Agents 402

Housing Wire

OCTOBER 20, 2023

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this.

Real Estate Agent 413

Real Estate Agent Real Estate Brokerage Agents 413

Housing Wire

DECEMBER 12, 2022

The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market. Despite struggles in retail and wholesale, Pennymac has remained a standout in the correspondent channel, in which lenders aggregate loans from smaller originators. year over year.

Marketing 365

Marketing Lending Retail Clients 365

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

Inman

AUGUST 14, 2023

Retail investors and local landlords offer real estate agents a wide array of options for staying active in a market bereft of traditional inventory, you simply need to know how to connect with them.

Inventory 143

Inventory Real Estate Agent Landlords Retail 143

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. . The company was first established in the New England region in Rhode Island.

Brokerage 471

Brokerage Mortgage Loan Officers Real Estate Agent 471

Housing Wire

MARCH 13, 2024

Sell It Like Serhant Key Facts Grown throughout the pandemic, the Sell It Like Serhant program has been carefully adapted to the current market. The number one differentiator about our program is we understand that as a real estate agent, you have one job: to generate leads,” says SERHANT. President of SERHANT.

Real Estate 422

Real Estate Real Estate Agent Agents Training 422

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 We have Rocket retail, and we compete,” Fawaz said.

Loan Officers 286

Loan Officers Mortgage Retail Real Estate Agent 286

Housing Wire

AUGUST 3, 2021

The purchase market reigned supreme in the second quarter of 2021, and multichannel lender loanDepot reported a 31% increase in purchase mortgage transactions from the prior quarter. More money was also pumped into marketing and advertising, with the company spending $114.13 Overall, loan origination volume came in at $34.5

Marketing 370

Marketing Real Estate Agent Advertising Insurance 370

Housing Wire

FEBRUARY 29, 2024

“Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. Mike did not hesitate: “I did more pricing exceptions for the real estate agent,” he said in an interview on the day of the loan closings. She’s well educated. It’s not without risk.

Loan Officers 362

Loan Officers Mortgage Lending Real Estate Agent 362

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

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 369

Loan Officers Retail Clients Real Estate Agent 369

Housing Wire

FEBRUARY 11, 2021

Online retail lender loanDepot raised just $54 million by offering 3.9 LoanDepot, the second-largest retail-focused IMB in the country, had initially planned to raise about $362.5 But it noted that its retail strategy is more developed. million shares at $14 on Thursday, far below the range of $19 to $21 it initially had sought.

Retail 396

Retail Real Estate Agent Finance Mortgage 396

Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets. million agents as of last year.

Real Estate Agent 341

Real Estate Agent Real Estate Retail Technology 341

Housing Wire

APRIL 30, 2024

AARP concerns “FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” HUD said in its update to the policy. Tane Cabe Tane Cabe, also of C2 , concurs with Harmes.

Mortgage 314

Mortgage Real Estate Agent Sellers Construction 314

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 334

Mortgage Loan Officers Lending Retail 334

Housing Wire

AUGUST 28, 2023

The jump in gain-on-sale margin resulted from “market volatility which positively impacted our mortgage platform revenue,” its 8-K filing states. Better’s total market share of 0.2% In Q2, Better decided to wind down its in-house real estate agent business to focus on partnering with third-party real estate agents.

Real Estate Agent 311

Real Estate Agent Real Estate Agents Business 311

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 318

Housing Market Marketing Agents Real Estate 318

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. Let’s talk about supply and some things on my mind about today’s market. Four things about Today’s Housing Market.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

DECEMBER 16, 2021

Let’s not forget the substantial fiscal and monetary policy that provided extraordinary levels of support for households, businesses, and markets here and abroad. The main takeaway from Mortgage Bankers Association forecast is that we see 2022 as a transition year, moving from a refinance market to a purchase market.

Marketing 447

Marketing Mortgage Supply Chain Inventory 447

Housing Wire

FEBRUARY 8, 2021

After pushing back its initial public offering a week, loanDepot looks poised to tap the public markets at a $6.2 Its founder and CEO Anthony Hsieh in September even compared loanDepot to Rocket Companies , which went public in August at a market cap of roughly $36 billion. ”We billion in marketing and promotion of its brand.

Valuation 450

Valuation Retail Lending Real Estate Agent 450

Housing Wire

OCTOBER 17, 2023

And servicers may want to suggest homeowners contact a real estate agent if the distressed homeowner is considering selling their home.” Ethical concerns even arose for licensed real estate agents who approached distressed homeowners to list properties even though those agents were also representing prospective buyers.

Buyers 373

Buyers Retail Market Value Real Estate Agent 373

Housing Wire

AUGUST 10, 2022

The market composite index , a measure of mortgage loan application volume, rose a marginal 0.2% The market index is down 62% compared to the same week in 2021. Despite mortgage rates on a downward trend following the Federal Reserve ’s rate hike of 75 basis points on July 27, a cooling of the housing market is expected.

Mortgage 335

Mortgage Real Estate Agent Retail Contracts 335