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The fight to standardize educational training for LOs

Housing Wire

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Federal regulations mandate that nonbank LOs take training prior to being certified. Learning materials up to par? HMDA, Fair Lending etc.,”

Training 397
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How to become a part-time real estate agent & get clients — fast

Housing Wire

I also include tips and tricks to help you find your first clients faster than most new agents. Here are a few questions to ask a broker to see if they’re the right fit: Questions to ask in your brokerage interview: What training do you offer new agents? There are much better ways to find clients as a part-time agent.

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UWM’s Agnes Standowicz on leadership strategy and harnessing technology

Housing Wire

When Standowicz started at UWM in 2013 she was on a team of about 100 underwriters. Fast forward to 2013, I joined UWM as an FHA Senior Underwriter and quickly rose through the ranks to become an underwriting leader, guiding a group of underwriters to ensure loans are processed accurately, quickly and consistently.

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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. James Kang, the lead plaintiff, said Wells Fargo illegally clawed back compensation. A settlement with the U.S.

Legal 488
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Real Estate Referral Fees: The Ultimate Guide for 2024

Housing Wire

Agent-to-agent referrals aren’t as commonly mentioned in most real estate lead generation training courses as cold calling or door knocking. Perhaps the client wishes to make a purchase that isn’t in the agent’s geographical area or their wheelhouse of expertise. What are the benefits of referrals? It’s a win-win!

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15 Facebook groups every real estate agent & broker should join today

Housing Wire

You can network and build community with other agents worldwide, keep up-to-date on the latest industry trends, stay motivated when you’re feeling discouraged, learn directly from some of the top real estate leaders, and even potentially find new clients! Use these groups to find homes for picky buyers or find deals for your investor clients.

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9 savvy strategies to get more real estate referrals

Housing Wire

This is evident when you ask any highly successful agent where they find their clients. Inevitably, their answer will be “my past clients and sphere.” Perhaps the client wishes to make a purchase that isn’t in the agent’s geographical area or their wheelhouse of expertise. What are the benefits of referrals?