This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
I’m going to start by making Rate the absolutely best place for every single loanofficer to work at figuring out ways in which we can develop them, give them all the skills, the coaching , the mentoring and the tools, so they can have an amazing business, but also better serve all their clients and all their partners.
million in 15 funding rounds with 25 investors since its inception in 2012. The company is “deeply focused on building the tools and technology that solve the hardest problems that lenders face today in closing transactions,” Uher noted in a statement. HomeLight has offices in Scottsdale, San Francisco, Dallas and Chicago.
As demonstrated in the brilliant UWM Superbowl ad , Millennial homebuyers are looking to technology to match them with the right partners in life, including their mortgage. Good technology should be the language loanofficers use to communicate with their customers, not their replacement. #4 5 Technology becomes fintech.
has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said.
California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.
The platform allows loanofficers 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.
issued pink slips to over 350 non-commissioned loanofficers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending.
Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. That digitization, he said, has been fueled by rapidly changing consumer expectations and increased confidence in the ability of lenders and other mortgage industry players to adopt new technologies quickly.
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
While Interfirst Mortgage has not responded to requests for comment, positions affected by the layoff included a closer, processor, business analyst and loanofficers, according to former employees’ LinkedIn posts. “As billion in 2012, the company decided to shutter its business in 2017.
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.
All of a sudden, you have loanofficers 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.
For example, within these firms, there are occupations such as loanofficers, 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.
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.
Partner with a local loanofficer who has the tried-and-tested technology to help you and your clients move fast. Find a loanofficer 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.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content