Remove 2014 Remove Clients Remove Training
article thumbnail

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
article thumbnail

Anna-Marie Ellison joins leadership at ARC Realty

Housing Wire

In her new role at ARC, Ellison will focus on strategic planning for agent and staff growth, as well as health and wellness initiatives, recruitment, and training across the Birmingham, Montgomery, and Huntsville markets. “My ARC Realty was founded in 2012 and it part of the Leading Real Estate Companies of the World network.

Realty 432
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lamacchia Realty continues acquisition spree with Berkshire Dream Home

Housing Wire

Berkshire Dream Home was founded in 2014 by Andy and Sarah Perenick. I have no doubt that together we will be even stronger and will serve all the clients and Realtors even better.” Lamacchia’s focus on training coupled with his implementation of systems that increase efficiency is second to none,” Sarah Perenick said in a statement.

Realty 448
article thumbnail

Risk of mortgage fraud is on the rise in the current market

Housing Wire

Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks. The data for the GSEs and finance companies for 2014 represents only a partial-year reporting, so it was not used for comparison.).

Mortgage 418
article thumbnail

The ‘double-edged sword’ of dual licensing

Housing Wire

Dahlhausen added that working as a loan officer is an opportunity for real estate agents to ”control the transaction” and ”ensure that the client is being taken care of” while increasing their compensation. An originator since 1999, Read got his real estate license in 2014 and opened up his real estate brokerage in 2019.

article thumbnail

Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. They were trying to capitalize on the refinance boom,” said Cullen Gandy, a classically trained opera singer who had been hired as an LO at Interfirst and left in July. “I

Mortgage 370
article thumbnail

Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Alipour gushed about Redfin’s training program, and she accessed maternity leave benefits other agents lack. An independent contractor agent mostly finds their own leads and can receive minimal training or resources from their brokerage. They provided me training, and marketing, and covered mileage.”. Trust the process.

Business 370