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How JVM Lending plans to expand without any loan originators

Housing Wire

After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 418
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

2 However, these potential clients will also face challenges — namely market volatility, unpredictable interest rates and limited purchasing power due to increasing debt. That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. Yet staggeringly few are aware of its existence.

Finance 482
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RON is here to stay – Here’s what you need to know

Housing Wire

From understanding the importance of RON in the title industry and discovering the potential business benefits to learning how you can start offering RON closings to your clients, here’s the need-to-know info to get started. . According to a Global Workplace Analytics study , remote work has grown 159% since 2009.

Law 370
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Like it or not, desktop appraisals are here to stay

Housing Wire

In a December 2020 request for information, FHFA highlighted potential benefits of desktop appraisals, including assisting training of new appraiser trainees, and alleviating appraiser shortages in rural and high-volume areas. There’s still some battle scars from 2006 to 2009 where appraisers were made to be the scapegoats,” Pyle said.

Appraisal 370
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Cardinals of a different feather: Inside Samson Properties’ unique model

Housing Wire

Samson is so agent-centric, in fact, that its agents receive a 100% commission split and services like training, office desks, and help with marketing. In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I That changed amid the Great Recession.

Brokerage 370
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The Burden of Proof

Appraisal Buzz

Founded in 2013 with a focus on compliance-related issues and processes, Bron now focuses on several core business lines: Vacant, Foreclosure, Rental & REO Registrations: Utilizing its extensive database of municipal data, Bron works to indemnify clients against any fines, penalties, and late fees that could accrue for their properties.

HOA 221
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Good Service Is Sustainable

Appraisal Buzz

The company launched VRM University (VRMU) in 2009, offering “specialized training for financial services and real estate professionals.” When we speak to prospective clients, we share our numbers,” said Travis-Johnson. I think that’s why we’re still here and we have long histories with our clients.

Training 221