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. “LOs It’s the local relationships.

Mortgage 404

Mortgage Retail Real Estate Agent Loan Officers 404

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.

Mortgage 433

Mortgage Real Estate Agent Modernization Retail 433

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.

Loan Officers 370

Loan Officers Modernization Real Estate Agent Retail 370

Housing Wire

JANUARY 11, 2023

“Sometimes 10-20 basis points is all an LO needs to win over a real estate agent or get creative on a borrower’s loan,” the company said in a statement. . 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 442

Loan Officers Retail Real Estate Agent Government 442

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

OCTOBER 16, 2023

The winners have spent 2023 focused on strengthening relationships with real estate agents , educating borrowers and improving their marketing strategies. We’ve seen a massive shift in retail LOs transitioning to the wholesale channel, and we expect this trend to continue. HW: We know rates will drop at some point.

Business 414

Business Real Estate Agent Marketing Clients 414

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

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 412

Mortgage Real Estate Agent Sellers Construction 412

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. Cliffco’s proprietary CRM platform enables loan officers to break away from being heavily dependent on real estate agents for referrals. “In

Loan Officers 393

Loan Officers Agents Retail Technology 393

Housing Wire

MARCH 15, 2024

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.

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. Consumers who use a mortgage broker instead of a retail lender save $9,400 over the life of the loan and that increases to $10,400 for minorities.

Mortgage 370

Mortgage Retail Lending Loan Officers 370

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 147

Inventory Real Estate Agent Landlords Retail 147

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

JUNE 6, 2023

“You can lend where you live and continue to build relationships with clients and real estate agents in your community. We have Rocket retail, and we compete,” Fawaz said. The company is looking for someone who has a “proven track record generating organic referrals” that result in closings.

Loan Officers 370

Loan Officers Mortgage Retail Real Estate Agent 370

Housing Wire

SEPTEMBER 11, 2023

He most recently served as the president of troubled, largely defunct retail lender Celebrity Home Loans. During this 90-day period, the client can work with a real estate agent to list their prior home. Meadow has 25 years of mortgage industry experience.

Contracts 404

Contracts Real Estate Agent Tenants Retail 404

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

DECEMBER 17, 2021

The Tech100 Real Estate Award recognizes the 100 technology companies that are changing the home sales process forever – from home search to lead management solutions, and remote closing to transaction management software. million agents as of last year. million borrowers and 140,000 real estate partners as of 2020.

Real Estate Agent 393

Real Estate Agent Real Estate Retail Technology 393

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 424

Real Estate Agent Real Estate Brokerage Agents 424

Housing Wire

MARCH 13, 2024

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. Pricing The CORE Essentials Blueprint program retails for $1,597. She even has one specifically for your first 30 days as a real estate agent.

Real Estate 424

Real Estate Real Estate Agent Agents Training 424

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 404

Retail Real Estate Agent Finance Mortgage 404

Housing Wire

JANUARY 17, 2023

For Jason Stallworth, retail sales manager at Planet Home Lending , preparation for Q1 began last month by meeting with new prospects, real estate agents and brokers. For example, Ruotolo is keeping in touch with her database and the real estate agents that refer and support her. Make a plan.

Loan Officers 404

Loan Officers Marketing Real Estate Agent Real Estate 404

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 grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?

Loan Officers 414

Loan Officers Retail Clients Real Estate Agent 414

Housing Wire

FEBRUARY 15, 2023

You have a lot of flexibility in pricing, flexibility with other broker products, flexibility with marketing under an compliant umbrella,” Steinway said of Revolution Mortgage, which has a hybrid wholesale and retail lender model. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000. It’s the local relationships.

Mortgage 370

Mortgage Loan Officers Lending Retail 370

Housing Wire

AUGUST 28, 2023

In Q2, Better decided to wind down its in-house real estate agent business to focus on partnering with third-party real estate agents. As a result, we have pulled back on our most unprofitable channels, resulting in further declines to market share,” according to its filing.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Business 370

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Real estate agents and LOs: the great collaboration. Then you might as well just go work for UWM retail. ” Fairway, which did about $3.5

Real Estate Agent 382

Real Estate Agent Retail Real Estate Design 382

Housing Wire

MARCH 15, 2021

In Ishbia’s estimation, these two companies, which both have retail operations, are trying to cut the broker out of the mortgage equation. Rocket is training real estate agents to originate loans, and Fairway is trying to poach loan officers, he claims.

Real Estate Agent 393

Real Estate Agent Loan Officers Retail Training 393

Housing Wire

APRIL 23, 2024

One of our goals is building out a retail sales team, which is really important to us. Too often, forward loan officers are just focused on their real estate agent partners. We are actively recruiting throughout the country. However, I really do look at this as a financial planning tool.”

Mortgage 409

Mortgage Loan Officers Investors Business 409

Housing Wire

AUGUST 10, 2022

As lenders adapt to a purchase-centered market, HousingWire spoke to Brian Boero, CEO of 1000watt, about opportunities to grow lenders’ effectiveness in the real estate agent and broker market. retail, residential mortgage applications. Cracking the code on marketing to the realtor channel. Presented by: 1000watt.

Mortgage 370

Mortgage Real Estate Agent Retail Contracts 370

Housing Wire

APRIL 18, 2023

The outside distributor retail is a hedge against the call center in the different environments. Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house.

Retail 370

Retail Business Agents Loan Officers 370

Housing Wire

FEBRUARY 8, 2021

In its prospectus, loanDepot talks at length about its partner business , which includes third-party-originations via mortgage brokers and real estate agents, as well as joint-ventures with builders and other referral partners. But it concedes that its retail strategy is more fully baked.

Valuation 450

Valuation Retail Lending Real Estate Agent 450

Housing Wire

JANUARY 10, 2023

Kleber Santos , CEO of consumer lending since his appointment in July, said the bank will continue to be the primary mortgage lender to Wells Fargo bank customers and minority homebuyers through its mortgage retail team. “We

Lending 477

Lending Real Estate Agent Mortgage Finance 477

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

Housing Wire

APRIL 19, 2021

Similarly, Shirley has years of financial leadership experience, including at retailers Tuesday Morning and Neiman Marcus , but does not possess a real estate background. Some real estate agents inside and outside Keller Williams said that the moves were uninspired and noted those advancing were all white men.

Human Resources 382

Human Resources Real Estate Real Estate Agent Insurance 382

Housing Wire

JUNE 22, 2023

On June 1, Arizona-headquartered retail lender AmeriFirst Financial Inc. In line with AmeriFirst’s new motto, “broker pricing and banker service,” Bowlby noted that he will train loan originators to convince renters to buy and bring the deal to real estate agents. “If relaunched its forward mortgage originations.

Loan Officers 370

Loan Officers Mortgage Real Estate Agent Business 370

Housing Wire

AUGUST 2, 2023

It’s a low-margin business and quite a different animal than retail and wholesale, though Pennymac should be given kudos for snagging market share from big banks. By contrast, lenders with distributed retail and broker-reliant models would perform well. And what would a mortgage ranking be without Rocket Mortgage ?

Marketing 370

Marketing Business Retail Lending 370

Housing Wire

NOVEMBER 13, 2023

Thus, these systems have evolved over time to provide the necessary backbone for lending operations and ensure compliance, scalability and adaptability across various lending models, from wholesale to retail.

Technology 404

Technology Design Lending Real Estate Agent 404

Housing Wire

NOVEMBER 22, 2022

Movement Mortgage’s deal to acquire top indie retail lender Mortgage Network marks a shift in the South Carolina-based company’s strategy. ” In addition, Movement, a distributed retail lender, has no plans to expand to other channels, eliminating some potential targets. ” . . billion.

Loan Officers 382

Loan Officers Retail Business Mortgage 382