product 
Housing Wire
APRIL 16, 2024
Bank of America (BofA) reported another quarterly decline in mortgage and home equity production in the first quarter of 2024. Loan production in the home equity arena was $1.8 Loan production in the home equity arena was $1.8 On Tuesday morning, the top-20 U.S. mortgage lender stated it produced a volume of $3.4 from the $3.9
Housing Wire
FEBRUARY 22, 2024
As demand for homes continues to outpace new listings, CrossCountry Mortgage (CCM) is introducing a new cash-offer product, the company announced Thursday. The product is limited to conventional loans, primary residences and buyers who are represented by a real estate agent. CashPlus has no appraisal or financing contingencies.
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Housing Wire
APRIL 24, 2024
When thinking about profitability, another incorrect strateg, is to offer a wide range of products, he added. “A And one of the things that somebody that’s running a good business might do is scale back into products.” A smaller menu really adds to profitability rather than the larger number,” Middleman said.
Housing Wire
MAY 3, 2024
“The key difference between our business model and that of many of our peers is that our model incentivizes agents to help buyers and sellers reach their housing goals, while some other models have incentivized their agents to recruit other agents, many of whom are not productive.” He noted that the average RE/MAX agent closed 11.8
Housing Wire
FEBRUARY 28, 2024
Tom Davis, chief sales officer at Deephaven Mortgage , offers information about products that can get borrowers qualified and goes into some of the trends he’s seeing in the market today in this executive conversation. HW: What are the top three products originators should be offering in 2024? today, according to the U.S.
Housing Wire
OCTOBER 3, 2023
The closing software firm is launching Qualia Shield , a funding and disbursement product for title and escrow companies. “Bad actors are continually refining their methods for wire fraud,” Charlotte Brown, the vice president of product at Qualia, said in a statement. Qualia is stepping up its efforts against wire fraud.
Housing Wire
JANUARY 16, 2024
Ginnie Mae intends to develop a new reverse mortgage-backed security product enabling the acquisition of loans from an HMBS pool above the existing 98% maximum claim amount (MCA) requirement, according to a new announcement. HECM warrants special attention because of demographic trends, and the financial circumstances of older Americans.
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