Housing Wire

SEPTEMBER 5, 2024

Founded in 2001, California-headquartered OCMBC originates in the wholesale , retail and correspondent channels. . “Their extensive experience in servicing and their commitment to providing outstanding customer service align perfectly with our values at OCMBC,” Serene Vernon, president of OCMBC, said in a statement.

Retail 458

Retail Government Mortgage Business 458

Housing Wire

OCTOBER 13, 2021

Interfirst was founded in 2001 as a retail originator but expanded to the wholesale channel in 2008 and the correspondent channel in 2011. The team co-founded several businesses, such as the fintech Enova, real estate investment trusts (REIT) Pangea Properties and New Lake , and the online lending company Avant.

Mortgage 428

Mortgage Investors Investing Technology 428

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. It’s a different approach to lending. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000.

Mortgage 370

Mortgage Loan Officers Lending Retail 370

Appraisal Buzz

NOVEMBER 27, 2024

An index of 100 is equal to the level of contract activity in 2001. Even with mortgage rates modestly rising despite the Federal Reserve’s decision to cut the short-term interbank lending rate in September, continuous job additions and more housing inventory are bringing more consumers to the market.”

Contracts 418

Contracts Inventory Mortgage Buyers 418

Housing Wire

MARCH 9, 2021

To be candid, it seems we’ve been in an almost continuous refinance cycle since 2001, with only one, albeit powerful, default counter cycle to break up that period. How hybrid title and valuations help increase lending efficiency. It’s also a selling point to your potential lending clients. But not everyone will be prepared.

Marketing 468

Marketing Technology Lending Business 468

Housing Wire

MAY 31, 2022

The company estimates there are about 3 million “aged properties” in the Chicago area alone, with almost 88% of them built before 2001. Mortgage lender Planet Home Lending has a new team in Portland, Oregon, where it will focus on borrowers looking to work with homebuilders. and Puerto Rico, according to the firm.

Mortgage 397

Mortgage Construction Lending Real Estate 397

Housing Wire

MAY 23, 2022

Hogle has more than 20 years of experience, including about 15 years with Supreme Lending. Hogle began his mortgage career in 2001 at New Century Mortgage , where he became a branch manager. According to Rick Seehausen, CEO of Cherry Creek, Hogle prides himself on successfully unifying sales and operational teams.

Mortgage 418

Mortgage Retail Insurance Development 418

Housing Wire

MAY 2, 2022

Presented by: Acra Lending. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns. In 2012, the historically low interest rates led to a boom in refinances, and the lender grew to $14.5

Human Resources 397

Human Resources Loan Officers Retail Training 397

Housing Wire

NOVEMBER 23, 2021

To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending. Interfirst was founded in 2001 as a retail originator and then expanded to the wholesale channel and the correspondent channel in 2008 and 2011, respectively.

Mortgage 397

Mortgage Loan Officers Retail Technology 397

Housing Wire

MAY 9, 2022

month over month, driven by a 50% drop in rate-term-refinance lending activity. ” MCT, founded in 2001, launched its first monthly mortgage lock volume report on Monday. Black Knight’s monthly originations market monitor report showed a similar downward trend of mortgage rate locks. Especially in a tight purchase market.

Mortgage 370

Mortgage Home Value Buyers Lending 370

Housing Wire

OCTOBER 14, 2022

Now retired, Mohtashami has years of direct lending experience and his astute analysis of economic data allows him to present a unique, informed and unbiased perspective on the financial markets. real estate research firm, in 2001. economy and specializes in the housing market.

Housing Market 497

Housing Market Marketing Real Estate Finance 497

Housing Wire

AUGUST 30, 2022

Nor can we ever have a credit sales boom again with lending standards back to normal. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 However, we haven’t had a credit sales boom like the one we saw from 2002-2005. million listings.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

NOVEMBER 23, 2022

Over the last year, it has also sold off large chunks of the business – including sub-servicing with ServiceMac and delegated correspondent to Planet Home Lending – which accounts for several thousand workers transitioning to new firms. The mortgage business is a cyclical one.We

Marketing 397

Marketing Loan Officers Business Mortgage 397

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 397

Real Estate Brokerage Real Estate Agent Technology 397

Appraisal Buzz

SEPTEMBER 25, 2024

Presented by Lead Sponsor Property Masters , and Partner Sponsors Black Dome Services , Inspectify , and Sphere Rocket VA , the Single-Family Rental Roundtable covered topics from lending strategies to property management, tech tools, build-for-rent demand, and much more throughout the afternoon.

Marketing 221

Marketing Property Management Investing Real Estate 221

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 In 2012, Dmitry Godin was seemingly on top of the world. billion in originations, cementing its place as the 15th-largest originator in the country. 375% below the market.”

Mortgage 370

Mortgage Loan Officers Retail Training 370

Clear Capital

OCTOBER 18, 2024

Here’s a refresher on what ClearAVM is, its synergies with ClearRank, and why we’ve been dedicated to being at the forefront of technological innovation in real estate since 2001: ClearAVM , our automated valuation model (AVM), delivers reliable home valuations for more than 120 million properties across every U.S.

Valuation 69

Valuation Technology Real Estate Lending 69

Clear Capital

MARCH 27, 2024

ClearAVM is often leveraged in mortgage underwriting and servicing to make lending decisions, but single-family residential (SFR) investors, asset managers and property managers need to assess many of the same elements and potential risks. It is able to confidently predict values on nearly every residential property in the U.S.

Investors 69

Investors Investing Valuation Real Estate 69

Clear Capital

OCTOBER 27, 2021

Clear Capital then announced the expansion of its valuation offerings to lenders by making ClearAVM available through the Ellie Mae® Digital Lending Platform, providing loan originators with the ability to develop a well-informed estimate of the property value before loan closing. Media Contact: Ross Stevens. 803-549-7529.

Valuation 69

Valuation Real Estate Technology Tools 69

Clear Capital

OCTOBER 16, 2024

Clear Capital products available through the Product Portal include: ClearAVM is one of the highest-rated, lending-grade AVMs on the market, relied upon by investors, lenders and regulators. This is another step forward for us as we work to reduce friction in the valuation process for all industry players.”

Valuation 69

Valuation Tools Investors Inspection 69

Clear Capital

OCTOBER 27, 2021

Since embarking on our journey in 2001, we’ve held on to the belief that focusing on our customers’ success leads to greater impact on the entire mortgage industry. The GSEs and other leaders did an incredible job of quickly modifying their requirements to continue mortgage lending while simultaneously managing investor risk.

Valuation 69

Valuation Technology Appraisal Process Appraisal 69

Clear Capital

FEBRUARY 13, 2025

Available via the Marketplace in the ICE digital lending platform , lenders in Encompass by ICE Mortgage Technology can now access AURA directly in their loan origination system (LOS), reducing review time by 50% or more and allowing them to close loans faster.

Appraisal 49

Appraisal Valuation Mortgage Tools 49

Clear Capital

JUNE 28, 2022

Desktop Appraisal – A GSE-compliant 1004 Desktop and 70D residential appraisal that quickly delivers a reliable opinion of value for purchase lending. Media Contact: Ryan Hall. Caliber Corporate Advisers for Clear Capital. ryan@calibercorporate.com. 949-280-4704. ###.

Valuation 69

Valuation Modernization Real Estate Investors 69

Appraisal Today

SEPTEMBER 29, 2023

Some appraisers, a true minority, have been able to transition to private, non-mortgage-lending appraisal work, but that’s not as easy as some advocate. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. The GSEs started keeping track in 71.

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. in 2001 to 44.8% Committing non-bank lending institutions. Ensuring that non-bank lenders are obliged to lend in lower-income areas and minorities is critical.

Insurance 397

Insurance Construction Government Lending 397

Appraisal Today

JULY 12, 2024

The college requirements1 have been a part of the Criteria (in one form or another) since the AQB initiated public discussion of these requirements in 2001, formal adoption in 2004, and subsequent implementation in 2008. My comments: My apologies for waiting so long to write about this topic. I attended an early AQB meeting in San Francisco.

Appraisal 68

Appraisal Design Contracts Business 68

Appraisal Today

OCTOBER 28, 2022

Watch a video of an excellent McKissock podcast discussing market changes and many other very practical topics, focusing on residential lending appraisals. But purchase money lending will slip as well, by 3% to $1.53 percent, the highest rate since 2001. I agree with the speaker, of course. Podcast Name: Beyond the Numbers.

Appraisal 52

Appraisal Contracts Valuation Mortgage 52

Appraisal Today

JUNE 10, 2022

The Inevitable Cyclicality of Mortgage Lending. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. Loan applications are way down, the lowest in 22 years. What was your business like before the pandemic? Not much work probably compared with 2020-2022. Humor for Appraisers.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

MARCH 31, 2023

Mortgage Lending In Q4 Hit Lowest Point Since 2014 Refinance mortgage originations hit low point this century. To read more, click here My comments: Worth reading. Lots of practical advice. Appraising would be great if it wasn’t for those darn clients ;> Yes, I do get strange questions in non-lender appraising. Consider non-lender work.

Appraisal 52

Appraisal Inspection Contracts Clients 52

Housing Wire

AUGUST 23, 2021

If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. ” Founded in 2001, LRES is among the largest players in the REO asset management and property valuations landscape. Presented by: Black Knight. It is an exciting time for our team.”

Valuation 407

Valuation Property Taxes Property Management Real Estate 407

Appraisal Today

DECEMBER 9, 2022

This strategy often backfires because parties involved in the lending process cannot find the specific information they are looking for in the report. When I did my national conferences from 2001 to 2006 there were no tests. ==. Reduce lengthy commentary. Inconsistent commentary can result in common requests for revision.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

OCTOBER 7, 2022

Excerpts: Year Built: 2001. Excerpts: Lakeland engaged in a pattern or practice of lending discrimination by “redlining” in the Newark metropolitan area. The Tectonic House in Venice Beach, CA – $5.8M. 2,522 square feet (four bedrooms, three-and-a-half baths). Lot Size: 0.06 The Simpsons writer and producer J.

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Movoto

JULY 31, 2024

This was like 2001. So back in the day in 2001. For these mortgage banks and mortgage brokers to be able to keep lending money over and over, right? JT: Look, since I’ve been doing this in 2001, that was like the thing. And so I was a car guy. And by the way, I still identify as a car guy.

Real Estate 36

Real Estate Investing Agents Real Estate Agent 36

Appraisal Buzz

JULY 19, 2024

Prior to joining NASDAQ in 2001, John served as legal counsel to a commissioner of the Securities and Exchange Commission (SEC) and practiced corporate securities law at both Hogan Lovells and Kaye Scholer.

Legal 195

Legal Law Technology Development 195

Clear Capital

NOVEMBER 14, 2024

“This is one of the biggest pain points in home equity lending, and Clear Capital’s Property Analytics API addresses this issue by enabling lenders to maintain the same valuation across the entire loan lifecycle. By enabling a seamless and consistent valuation, we’re helping lenders deliver a smoother, more reliable loan experience.”

Valuation 69

Valuation Real Estate Technology Tools 69

Housing Wire

NOVEMBER 22, 2024

And housing starts didn’t return to 2001 levels until 2022. A loan that pays off early does not provide the expected return and everyone on the lending side loses. In the 20 years I’ve been lending, these price adjustments have expanded, worsened, expanded more, and worsened more. A lost 20 years. My priority is housing.

Marketing 468

Marketing Investors Investing Housing Market 468