Housing Wire

FEBRUARY 10, 2023

Nashville, Tennessee-based mortgage lender Guaranty Home Mortgage Corporation (GHMC) has rolled out its new borrower online application portal, GAssist. The tools are housed within the secure application portal. Guaranty Home Mortgage was founded in 1986 as Guaranty Trust and became an independent mortgage banker in 2019.

Retail 368

Retail Tools Loan Officers Design 368

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

Tools 306

Tools Training Technology Clients 306

Housing Wire

OCTOBER 31, 2022

Movement Mortgage on Friday announced the appointment of Lyra Waggoner as its chief information officer. Her role will focus on technology to drive the company’s growth. Waggoner’s professional career spans 18 years in the mortgage industry. The key to growing in a challenging mortgage market. Presented by: Polly.

Loan Officers 363

Loan Officers Mortgage Technology Tools 363

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 372

Mortgage Clients Loan Officers Tools 372

Housing Wire

DECEMBER 5, 2023

Industry veteran Adam O’Daniel is transitioning to Guild Mortgage as senior vice president and chief marketing officer, a newly created role, after about two years at Open Mortgage , the company announced on Tuesday. billion in mortgages, down 4% compared to the previous quarter. In the third quarter, the company originated $4.3

Marketing 383

Marketing Retail Tools Mortgage 383

Housing Wire

SEPTEMBER 11, 2023

Cliffco Mortgage Bankers is among the rare independent mortgage banks doing more business than last year. 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.

Loan Officers 391

Loan Officers Agents Retail Technology 391

Appraisal Buzz

MAY 3, 2024

Patelco Credit Union is now using the Empower LOS from Dark Matter Technologies to streamline and bolster home loan and home-equity origination. Patelco is California’s fourth-largest credit union mortgage lender by number of loans closed annually.

Loan Officers 195

Loan Officers Modernization Retail Tools 195

Housing Wire

MAY 23, 2022

Full-service lender Cherry Creek Mortgage announced Rick Hogle has joined the company as its chief revenue officer. In his new role, Hogle will manage the firm’s retail operations, overseeing growth and development of retail sales and the production network, while supporting the firm’s business channels.

Mortgage 385

Mortgage Retail Insurance Development 385

Housing Wire

DECEMBER 22, 2023

The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. Since inception, both WFG and MyHome have been dedicated to providing transparency and empowerment to all mortgage transaction participants,” Steve Ozonian , the CEO and president of WFG, said in a statement.

Retail 405

Retail Valuation Tools Technology 405

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? According to the J.D. Power 2020 U.S.

Lending 395

Lending Retail Mortgage Loan Officers 395

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Technology 395

Technology Design Lending Real Estate Agent 395

Housing Wire

SEPTEMBER 28, 2023

FTC sued ICE earlier this year alleging the two top mortgage technology providers would drive up costs, reduce innovation and limit lenders’ choices for mortgage origination tools. Ultimately, lowering acquisition costs for lenders and enabling those savings to be passed to the consumer,” Jackson said. billion and $2.07

Technology 397

Technology Valuation Mortgage Development 397

Housing Wire

FEBRUARY 16, 2024

For most of its history, New American Funding (NAF) has focused on organic growth, but earlier this month, the company acquired Draper and Kramer Mortgage Corp. 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.

Loan Officers 406

Loan Officers Retail Clients Real Estate Agent 406

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. It operates more than 650 branches nationwide and employs some 4,000 people.

Modernization 346

Modernization Mortgage Lending Investors 346

Housing Wire

OCTOBER 27, 2022

Independent mortgage brokers are beginning to have the products and tech tools needed to compete with banks and large retail lenders, and customers are reaping the benefits of this growing channel. Smith : The glaring trend is the broker channel has been growing rapidly, and the retail sector is shrinking.

Clients 395

Clients Retail Advertising Tools 395

Housing Wire

JUNE 29, 2023

This integration aims to deliver an enhanced customer experience for mortgage borrowers while streamlining the closing process. ” The integration combines comprehensive eClosing technology with data-driven origination workflow automation. . Finastra is a global provider of financial software applications and marketplaces.

Lending 340

Lending Tools Retail Clients 340

Housing Wire

SEPTEMBER 14, 2020

We have already seen evidence that mortgage servicing is forever changed and purchase money lending will suffer, at least in the short term. The mortgage industry, in general, has lagged behind other industries in terms of maximizing the benefits of new technologies. Setting the mortgage industry up for success.

Lending 463

Lending Mortgage Technology Business 463

Housing Wire

APRIL 26, 2023

STG Mortgage has successfully implemented OptifiNow ‘s TPO CRM solution, according to a press release from the software provider. Nectar Kalajian, CEO of STG Mortgage, said the company needed a CRM solution that could meet the sales and marketing needs of the entire business unit.

Mortgage 263

Mortgage Design Retail Lending 263

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].

Modernization 67

Modernization Technology Appraisal Mortgage 67

Housing Wire

DECEMBER 21, 2021

Numerous shops, including Better.com , Interfirst Mortgage , and Freedom Mortgage have announced layoffs in the past few weeks, and some LOs worry their jobs may also be on the chopping block. According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry.

Loan Officers 441

Loan Officers Retail Business Mortgage 441

Housing Wire

OCTOBER 17, 2022

Rocket Pro TPO, a division of Rocket Mortgage , launched a set of new tools this week for non-delegated correspondent lenders. This new option is similar to the process mortgage brokers use with Rocket Pro TPO, and the lender says it can eliminate costs, streamline processes and accelerate loan purchases for the correspondent lender.

Clients 396

Clients Retail Mortgage Tools 396

Housing Wire

OCTOBER 16, 2023

HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM , about the work independent mortgage brokers can do right now to prepare for when rates drop and how to go above and beyond for clients. HousingWire: Why should independent mortgage brokers embrace today’s market? AE: The reality is, nobody wants a mortgage.

Business 399

Business Real Estate Agent Marketing Clients 399

Housing Wire

SEPTEMBER 11, 2023

Eric is a seasoned mortgage professional who has built something really special with the Guaranteed Backup Contract,” Tushar Garg , the co-founder and CEO of Flyhomes, said in a statement Monday. This deal strengthens our offerings and gives us more tools to serve more customers looking for a better way to buy and sell a home.”

Contracts 372

Contracts Real Estate Agent Tenants Retail 372

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 354

Lending Technology Tools Loan Officers 354

Housing Wire

JUNE 30, 2021

The Freedom Mortgage Wholesale Division offers their clients the industry’s most experienced sales and operational teams to support a full spectrum of products from conventional to government. Freedom Mortgage’s experienced account executives have an average tenure of 8.5 1 VA, FHA and GNMA lender.”.

Mortgage 196

Mortgage Clients Training Government 196

Housing Wire

AUGUST 19, 2021

Blend’s white-label technology is what powers mortgage applications on the websites of traditional banks such as Wells Fargo and U.S. It checks income, it verifies identities and has become a key consumer-facing processing tool for some of the largest mortgage lenders in the country.

Insurance 365

Insurance Retail Clients Technology 365

Housing Wire

FEBRUARY 2, 2023

Dallas-based mortgage servicing software provider OrangeGrid announced on Thursday that Flagstar Bank has implemented its mortgage servicing software to “manage its loss mitigation processes and enhance internal efficiencies.” Flagstar originated $27 billion in mortgages in 2022, a decline of about 38% year-over-year.

Retail 77

Retail Mortgage Architecture Technology 77

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. So why do I need an expensive loan officer? Homebuyers still want to work with people.

Loan Officers 349

Loan Officers Retail Mortgage Tools 349

Housing Wire

DECEMBER 22, 2021

Banosian broke a new record this year , topping his record-setting 2020 and funding a whopping $2 billion in total origination volume, which is believed to be a record for a retail loan originator. HousingWire: What has been the most useful tech tool for you? Specifically, I like to read the articles by Lead Analyst Logan Mohtashami.

Clients 345

Clients Technology Tools Business 345

Housing Wire

JUNE 30, 2021

In today’s booming housing market, mortgage brokers want to be able to close loans faster and more efficiently. We have a proven legacy of supporting brokers with unparalleled service throughout the entire process by strengthening the human approach, while also integrating technology. Chief Production Officer Jay Promisco said.

Technology 208

Technology Modernization Retail Clients 208

Housing Wire

JUNE 30, 2021

That’s where Finance of America Mortgage (FAM) TPO’s Two-X Flex suite of proprietary jumbo and non-QM products comes into the picture. FAM TPO’s account executives work to find brokers the right mortgage wholesale lending solutions for their clients. He has built an entire operation and sales region from the ground up.

Finance 284

Finance Lending Clients Technology 284

Housing Wire

NOVEMBER 29, 2023

Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. The LOS should serve as the central hub of the tech stack, allowing lenders to orchestrate their entire business from a single system of record.

Technology 391

Technology Mortgage Lending Business 391

Clear Capital

JULY 27, 2023

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

Home Value 69

Home Value Valuation Mortgage Real Estate 69

Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. But the fact is that it takes an average of 47 days to close a mortgage (according to Ellie Mae as of September 2020 ). There’s just a lot more to a purchase mortgage. More emotion.

Marketing 250

Marketing Realtors HOA Technology 250

Housing Wire

MAY 17, 2023

Rocket Mortgage ‘s top executives believe the mortgage market is near the bottom, which means a recovery may be on the horizon soon. So yes, we’re toward the bottom in that,” Bob Walters, CEO at Rocket Mortgage and president and COO at Rocket Companies , said. You may get a mortgage once every 10 years.

Marketing 337

Marketing Clients Mortgage Business 337

Housing Wire

FEBRUARY 8, 2023

When mass-market loan origination systems emerged on the scene in the early 1990s, they revolutionized the mortgage workplace by allowing originators to save loan files on a personal computer and share them across local networks — a huge step up from typewritten applications and mainframe computing.

Loan Officers 72

Loan Officers Technology Lending Transportation 72

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 think I built a very good system – good process and good technology. So, with technology, we can do a lot of things and we can scale.

Business 74

Business Retail Realtors Loan Officers 74