Housing Wire

FEBRUARY 15, 2024

Mortgage Solutions is a nondelegated correspondent lender with five branches nationwide and 138 licensed loan officers, according to the Nationwide Multistate Licensing System (NMLS). The lawsuit states that Mortgage Solutions entered UWM’s wholesale broker agreement in January 2012.

Mortgage 441

Mortgage Legal Advertising Loan Officers 441

Housing Wire

JANUARY 5, 2021

The platform allows loan officers to become “mobile originators,” using their smartphones to view applications, pull credit reports and oversee all aspects of the loan process while connecting in real-time to their LOS.

Architecture 418

Architecture Real Estate Agent Loan Officers Real Estate 418

Housing Wire

MAY 19, 2022

Another panel participant, Shelly Griffin, senior vice president of client development at non-QM lender Deephaven Mortgage , added, “When I’m talking with loan officers, I get asked about ARMs a lot. We’ve seen it [non-QM] grow and evolve over time,” added Griffin of Deephaven, which has been lending in the non-QM space since 2012.

Loan Officers 476

Loan Officers Lending Mortgage Housing Market 476

Housing Wire

OCTOBER 13, 2021

billion in 2012 to $2 billion in 2016. Last year, Interfirst relaunched its services with a new proprietary loan origination technology platform. It’s also made a push to hire teachers and first responders to be loan officers. billion in loan volume between June 2020 and June 2021.

Mortgage 428

Mortgage Investors Investing Loan Officers 428

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. In 2012, the historically low interest rates led to a boom in refinances, and the lender grew to $14.5 Six months ago Interfirst Mortgage Co.

Human Resources 397

Human Resources Loan Officers Retail Training 397

Housing Wire

FEBRUARY 16, 2021

The best lenders leverage technology to create personalized presentations of loan options that help borrowers make smarter decisions and empower loan officers to have more productive and efficient conversations with their customers. 4 Don’t show me the money. 5 Technology becomes fintech.

Mortgage 534

Mortgage Technology Loan Officers Business 534

Housing Wire

APRIL 18, 2024

Return to a ‘task force’ The original task force was co-founded in 2012 by Giordano and Security One Lending ’s Torrey Larsen. But as we’ve said from the very beginning, it takes loan officers sitting [face-to-face with advisers] to really get the message across.” We’ve got all the ammunition.

Loan Officers 459

Loan Officers Tools Mortgage Government 459

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 459

Business Mortgage Loan Officers Inventory 459

Housing Wire

MARCH 16, 2022

The company claims that they close loans 13 days faster and enable their loan officers to close around 15% more loans per month. San Francisco-based Roostify, founded in 2012, said it helped lenders process more than $50 billion in loans each month, among them enterprise banks and independent brokerages.

Technology 397

Technology Real Estate Agent Loan Officers Lending 397

Housing Wire

OCTOBER 28, 2021

In 2021, Floify’s software, which streamlines the loan origination process by allowing document sharing, and communication between LOs and real estate agents, has helped over 77,000 mortgage applications close each month, according to Porch. Floify was founded in 2012 by Dave Sims, who is CEO of the company.

Mortgage 418

Mortgage Logistics Insurance Real Estate Agent 418

Housing Wire

DECEMBER 16, 2021

In 2012, Dmitry Godin was seemingly on top of the world. The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

NOVEMBER 23, 2022

While Interfirst Mortgage has not responded to requests for comment, positions affected by the layoff included a closer, processor, business analyst and loan officers, according to former employees’ LinkedIn posts. “As billion in 2012, the company decided to shutter its business in 2017.

Marketing 397

Marketing Loan Officers Business Mortgage 397

Housing Wire

APRIL 25, 2022

It has about 350 loan officers and roughly 100 retail branches. . It has been a Freddie Mac , Fannie Mae and Ginnie Mae approved seller and servicer since 2012. LendUs and CrossCountry did not respond to multiple requests for comment. CrossCountry, which has seen considerable growth since 2013, operates in 50 states.

Retail 397

Retail Loan Officers Mortgage Lending 397

Housing Wire

AUGUST 21, 2024

The levels of business at that time necessitated the Franklins having help, and Heilman assisted with process implementation and the management of loan officers. In 2012, Heilman and the Franklins joined a larger outfit. Of course, not long after his entrance into the business came the 2008 financial crisis.

Mortgage 435

Mortgage Loan Officers Business Clients 435

Housing Wire

AUGUST 12, 2020

Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. Among the new products Blend has introduced this year are its digital closing solution for mortgages and home equity loans, a mobile app for loan officers and new reporting tools for lenders.

Investing 508

Investing Loan Officers Technology Development 508

Housing Wire

MARCH 15, 2023

He joined Fannie Mae in the wake of the financial crisis in 2008-2009 and served as CEO from 2012 to 2018. Mortgage News Daily showed the average 30-year jumbo mortgage rates at 6.15% on Wednesday afternoon, compared to 6.55% for conventional loans. of the production was conventional loans and 49% consisted of purchase loans.

Mortgage 370

Mortgage Loan Officers Insurance Business 370

Housing Wire

MAY 6, 2022

All of a sudden, you have loan officers and brokers out there hearing what the market is demanding. In addition to our popular bank statement loans, DSCR loans are also seeing a high demand for those getting into the rehab and rental markets. Deephaven has been doing non-QM since 2012. Especially at the beginning.

Marketing 370

Marketing Lending Loan Officers Training 370

Housing Wire

JULY 12, 2023

Schoolfield and Shelton joined Movement in 2012, were promoted as divisional leaders in February 2021, and landed at Summit in July. Pennington’s exit follows that of Matt Schoolfield, who was Movement’s leader of the South and Central division, and Chris Shelton, the lender’s leader of the Eastern U.S division, to Summit.

Retail 370

Retail Development Finance Lending 370

Housing Wire

SEPTEMBER 23, 2022

.” However, the median-priced home is worth about $80,000 more than in 2020 and $200,000 more than in 2012. Looking ahead, loan officers have started to expect mortgage rates at the 7% level, a sign that the housing market correction will bring even greater affordability challenges in the year to come.

Housing Market 370

Housing Market Marketing Mortgage Buyers 370

Housing Wire

MAY 7, 2023

Tracking the 10-year yield and mortgage rates are essential for housing inventory because when rates fall, buyer demand gets better, allowing more homes to be bought and getting a lid on inventory growth, which we have seen since 2012. The bond market never bought into the 1970s inflation premise, so the 10-year yield is closer to 3% than 5%.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

AUGUST 31, 2022

For example, within these firms, there are occupations such as loan officers, loan interviewers, title-related occupations, and loan counselors that could apply to both mortgage and non-mortgage lending. Source: Nationwide Multistate Licensing System. Source: Nationwide Multistate Licensing System.

Lending 397

Lending Mortgage Real Estate Loan Officers 397

McKissock

APRIL 16, 2021

March was the hottest month for housing since at least 2012. “The housing market set a slew of records for prices, home-selling speed, and competition in March, making it the hottest month for housing since at least 2012,” according to this story from Redfin. Appraisal waivers have exploded during the COVID-19 pandemic.

Housing Market 59

Housing Market Appraisal Marketing Real Estate Agent 59

Cornerstone

MARCH 12, 2021

Partner with a local loan officer who has the tried-and-tested technology to help you and your clients move fast. Find a loan officer who cares as much as you do. When you partner with us, you’ll get more than speedy in-house processing and access to a wide selection of loan products.

Clients 65

Clients Sellers Loan Officers Real Estate 65

PennyMac

DECEMBER 23, 2020

In contrast, in 2012 when the U.S. To learn more about your options, get started online , or connect with a PennyMac Loan Officer today. By refinancing your existing loan, your total finance charges may be higher over the life of the loan.

Mortgage 36

Mortgage Lending Loan Officers Home Value 36