Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Buzz : Why do AMCs need the training?

Training 366

Training Reconsideration of Value Valuation Clients 366

Housing Wire

APRIL 29, 2024

Intercontinental Exchange (ICE) introduced MSP Digital Experience (MSP DX), a conversational user interface designed to interact with the company’s leading mortgage servicing system, MSP. The new interface is poised to streamline workflows, enhance efficiencies and simplify the training process for servicing team members.

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Mortgage Technology Training Valuation 356

Housing Wire

APRIL 24, 2024

As any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges , the narrow focus of the product and low mortgage market penetration are just a few of the reasons why. With the right ambassador, that task is made simpler.

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Mortgage Loan Officers Training Business 340

Housing Wire

MARCH 27, 2024

New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending.

Business 392

Business Mortgage Loan Officers Training 392

Housing Wire

APRIL 18, 2024

Every business is on the brink of significant transformation driven by the potential of Artificial Intelligence (AI) and workflow automation, and the mortgage industry is no exception. HousingWire spoke with Gareth Borcherds , managing director at Ascent Software Group about how AI is speeding up processes in the mortgage industry.

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Appraisal Mortgage Appraisal Process Tools 405

Housing Wire

JUNE 2, 2022

Logan Mohtashami: Regarding inventory, we had a slow train wreck happening for years, and I can explain in more detail. Since 2014 inventory has been falling slowly for years, then here come years 2020-2024, our most prominent housing demographic patch ever in history with low mortgage rates. What levels should we be hoping for?

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Training Inventory Housing Market Real Estate Agent 413

Housing Wire

FEBRUARY 16, 2024

Cautious optimism is prevalent in the mortgage industry for 2024 as industry professionals anticipate the recovery of lost origination volume. We’re utilizing the latest technology to do that with video and making the training much more engaging than they were back in the Loan Toolbox days.”

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Mortgage Marketing Loan Officers Training 386

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

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Brokerage Mortgage Training Lending 343

Housing Wire

MARCH 28, 2024

To ensure the safety of your digital assets and sensitive information, it’s important to make sure all users are well-informed about cybersecurity and receive periodic training. To reduce risks , we’ll explore why empowering your team through education and training is essential to mitigate risks and keep your business secure.

Training 441

Training Real Estate Insurance Business 441

Housing Wire

FEBRUARY 21, 2024

Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. According to data from the U.S.

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Housing Market Mortgage Marketing Real Estate 334

Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. According to the tech leader, “it feels like there’s a target on mortgages,” which makes sense considering the types of data and documents these companies deal with.

Mortgage 401

Mortgage Supply Chain Investors Technology 401

Housing Wire

FEBRUARY 28, 2024

Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. Often, traditional mortgage products don’t meet their needs.

Mortgage 366

Mortgage Investors Real Estate Business 366

Housing Wire

MARCH 21, 2024

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI). to 358 loans).

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Retail Mortgage Real Estate Agent Business 368

Housing Wire

JUNE 2, 2022

Movement Mortgage will pay $75,000 to resolve allegations of racial discrimination, in violation of the Fair Housing Act, identified by undercover testers from the National Community Reinvestment Coalition. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019.

Mortgage 380

Mortgage Training Loan Officers Lending 380

Housing Wire

MAY 13, 2024

Women like Agnes Standowicz, VP, Underwriting Leader at United Wholesale Mortgage (UWM). Agnes Standowicz: I began my mortgage journey in my last year of college when I was hired at a small broker shop to help answer phone calls. From there, I wanted to learn everything I could about the mortgage process.

Technology 343

Technology Training Clients Tools 343

Housing Wire

JANUARY 13, 2023

Wisconsin-based mortgage lender Waterstone Mortgage Corp. In addition, he will work with other teams to lead cross training and improve communication with both internal and external customers. In addition, he will work with other teams to lead cross training and improve communication with both internal and external customers.

Mortgage 375

Mortgage Lending Training Development 375

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. Anticipating the start of the refi race When mortgage rates finally rose above their historically low levels, the mortgage refinance business started to dry up. Today, he consults in the mortgage industry.

Mortgage 428

Mortgage Technology Tools Business 428

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. Desmond Smith: There are two ways to get a mortgage — wholesale or retail.

Mortgage 355

Mortgage Retail Lending Loan Officers 355

Housing Wire

JANUARY 18, 2023

Columbus, Ohio-headquartered lender Lower rolled out mortgage as a service platform that enables consumer finance, banking and real estate companies to offer its mortgage products. . iBuyer Opendoor is Lower’s first mortgage platform customer, which Snyder said will help the platform expand its reach. . population.

Mortgage 357

Mortgage Lending Finance Retail 357

Housing Wire

MARCH 5, 2024

Mortgage assumption is a niche option that gained momentum in 2023. An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported.

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Mortgage Buyers Agents Real Estate Agent 415

Housing Wire

NOVEMBER 17, 2022

Wisconsin-based mortgage lender Waterstone Mortgage Corporation appointed Chik Quintans its new director of digital marketing, the company announced Thursday. Quintans’ professional career spans more than two decades in mortgage lending. In 2021, he was a mortgage banker at USA Mortgage.

Mortgage 360

Mortgage Marketing Training Design 360

Housing Wire

APRIL 5, 2024

mortgage industry recently had to remind itself of this fact when a CNN analysis found that the nation’s largest credit union, Navy Federal, has the widest disparity in mortgage approval rates between white and black borrowers of any major lender. Is the mortgage industry offering fair access to loans?

Mortgage 350

Mortgage Lending Buyers Property Management 350

Housing Wire

FEBRUARY 4, 2021

The average mortgage rate for a 30-year fixed loan remained unchanged last week from the week prior at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. With mortgage rates hovering below 3% for over six months now, Sam Khater, Freddie Mac’s chief economist, said this may be a sign of an economy still struggling.

Mortgage 542

Mortgage Lending Training Inventory 542

Housing Wire

JANUARY 18, 2023

Like its competitors, Tennessee-based First Community Mortgage, Inc. (FCM) FCM) reduced the company’s size through 2022 amid a tough mortgage market. At the start of 2023, the company is investing in training the sales team on tactics to start growing the business again. Surprisingly, the landscape is helping.

Inventory 441

Inventory Mortgage Retail Training 441

Housing Wire

OCTOBER 2, 2023

Mortgage tech company Xactus announced that its valuation solution Appraisal Firewall X has met federal requirements and is capable of fulfilling Fannie Mae property data collection orders. ” Fannie Mae’s program is part of its ongoing efforts to modernize the valuation component of the mortgage industry. .”

Valuation 380

Valuation Training Modernization Appraisal 380

Housing Wire

OCTOBER 22, 2020

Frankly, what will be left in the refi market will likely be harder credit quality transactions that a hungry mortgage origination industry will turn to as volumes drop. The analysis may expose training needs for respective production teams. But training and trainers must have content. Run a spreadsheet by LO, branch and region.

Mortgage 401

Mortgage Training Contracts Loan Officers 401

Housing Wire

MAY 7, 2024

“The NAR settlement requires some mechanical changes to industry practices, which are entirely driven by training, and when it comes to our agents, we are a training-first company,” Real President Sharran Srivatsaa said. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

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Agents Brokerage Training Business 431

Housing Wire

AUGUST 3, 2022

Is there a new way to address the truth about staffing in the mortgage industry? While taking with Clayton Collins, CEO of HW Media, he used the term “elasticity” when describing the housing market and mortgage employment. I’ve been in mortgage for more than 25 years. This confounds my non-mortgage family.

Mortgage 368

Mortgage Contracts Human Resources Training 368

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . It’s also essential for originators to understand that reverse mortgages are not loans of last resort.

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Housing Market Business Mortgage Marketing 359

Housing Wire

DECEMBER 16, 2022

For those of us in the mortgage industry, the next 100 days is meaningful as it will be a period that requires the most focus and greatest amount of perseverance. Dustin Owen Waterstone Mortgage Contributor. Mortgage rates have doubled, and homebuyers are acting as if every seller has the plague. Want to train for a marathon?

Mortgage 387

Mortgage Loan Officers Training Housing Market 387

Housing Wire

APRIL 17, 2024

Capital Fundings , a Florida -based private mortgage lender, has partnered with real estate investment platform Privy , the companies announced on Tuesday. It also offers a library of training and educational resources. “Our The collaboration will allow Capital Fundings’ borrowers to receive personalized investor insights.

Real Estate 396

Real Estate Renovations Investing Investors 396

Housing Wire

JANUARY 10, 2023

American Pacific Mortgage (APM) has scooped up roughly 150 employees from 20 AmeriFirst Financial Inc. There’s a concurrent period in the 30 days where they’re getting trained while waiting for their licensing to come through,” he said. branches since December 2022, APM confirmed.

Loan Officers 349

Loan Officers Mortgage Training Finance 349

Housing Wire

MAY 13, 2024

Chicago -based mortgage lender Guaranteed Rate rolled out the second wave of its Community Engagement Initiative, the company announced on Monday. Guaranteed Rate offers the opportunity to access the entire mortgage process — including application, document processing, and touch points throughout the loan funding cycle — in Spanish.

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Training Design Lending Mortgage 268

Housing Wire

JANUARY 25, 2023

About 25 people from loanDepot ’s top producing team have joined boutique lender Revolution Mortgage to reunite with their former team lead. After Chevalier left for Revolution Mortgage in December, loanDepot gave the team an ultimatum to either work for another loanDepot team or leave, a former loanDepot employee told HousingWire. “We

Mortgage 355

Mortgage Loan Officers Retail Training 355

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Mortgage Marketing Radio.

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Loan Officers Mortgage Lending Modernization 410

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. billion from the start of the year, consisting of 70% purchase mortgages. The lender originated a volume of $1.8 Hiring local, top talent. he asked. “It

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Mortgage Retail Real Estate Agent Loan Officers 409

Housing Wire

OCTOBER 10, 2022

HousingWire recently spoke with Brian Adams, Division President of Due Diligence at Consolidated Analytics , about due diligence in the current mortgage market. Brian Adams: With the steep increase in mortgage rates, we have essentially seen a hard stop in refi activity. appeared first on HousingWire.

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Mortgage Clients Training Valuation 350