Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Real Estate 370

Real Estate Insurance Technology Loan Officers 370

Housing Wire

NOVEMBER 24, 2020

This year’s 2020 list of Housingwire Tech Trendsetters certainly earned their status as the housing industry was met with incredible challenges and new opportunities. One of the 2020 Tech Trendsetters, Kallol Das worked quickly to shift digital lending tech provider Blend’s product roadmap to its rapidly-changing client needs.

Modernization 308

Modernization Housing Market Lending Clients 308

Housing Wire

FEBRUARY 28, 2021

The lending industry is notorious for its poor customer retention – in fact, only 1 in 5 borrowers return to their original lender for a subsequent loan. Our clients retain as high as 65% or more of their past customers. The result is that for every $1 our clients pay us, we return $20 of profit to them,” says Kutsishin.

Clients 397

Clients Home Value Design Tools 397

Housing Wire

JANUARY 15, 2021

WFG reports its highest volume months ever during Q2 and Q3 of 2020. As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. The post JPMorgan Chase amps up correspondent lending appeared first on HousingWire. Presented by: WFG.

Lending 384

Lending Retail Valuation Mortgage 384

Housing Wire

DECEMBER 1, 2020

Chandler is the architect behind FormFree’s flagship product, AccountChek, which disrupted an industry by introducing automated asset verification to the home lending space. Lender clients have benefited from FormFree’s ability to reduce average time-to-close by up to 10 days or more.

Lending 301

Lending Clients Mortgage 301

Housing Wire

NOVEMBER 4, 2020

The complexities of serving borrowers under the CARES Act require lenders, servicers and investors to partner with a mortgage services provider who has the expertise and national network to provide high-touch support to its clients. Our clients have a moratorium on evictions, so we are not actively pursuing these opportunities.

Lending 393

Lending Clients Investors Training 393

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. billion in volume in 2020. in 2021 to $433 billion.

Renovations 447

Renovations Home Improvement Marketing Finance 447

Housing Wire

JANUARY 11, 2021

Even with total credit risk transfers (CRT) and non-QM lending trending down due to seasonality, some observers are predicting a strong beginning to 2021. Officials with dvo1, a lending markets analytics company , remain encouraged by low levels of new impairments, which reached pre-pandemic levels in both CRT and non-QM.

Lending 293

Lending Clients Marketing Mortgage 293

Housing Wire

SEPTEMBER 15, 2020

Andy Crisenbery : COVID-19 has had a profound effect on almost all business lines in the real estate and lending markets. HW: Where are you finding opportunity to meet client needs and grow relationships? HW: Where would you advise clients focus their technology resources as we prepare for 2021?

Technology 488

Technology Lending Tools Clients 488

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. trillion in 2020 and then $4.4

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

OCTOBER 30, 2023

In his new position, Schneider will oversee “Cenlar’s banking, financial, client management, core operations, default operations, borrower operations, transfer operations and project management businesses,” according to a press release. He then was promoted to senior vice president in February 2020.

Project Management 468

Project Management Lending Finance Clients 468

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HW: Where would you advise clients and colleagues to focus their technology resources as we navigate the second half of 2020 and prepare for 2021?

Business 435

Business Lending Technology Clients 435

Housing Wire

FEBRUARY 24, 2021

VL: Our mission at Propertybase is to empower real estate and lending professionals to grow their businesses through collaborative technology. The Propertybase family of brands will create a community for our clients to transcend ancillary services – and we’re really just getting started.

Real Estate Agent 368

Real Estate Agent Real Estate Agents Loan Officers 368

Housing Wire

JULY 16, 2021

Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The company will be headquartered in Santa Ana, California, Stearns said, home of Kind Lending. Unclear is what pressure eXp’s agents may feel to direct their clients to Success.

Mortgage 435

Mortgage Lending Brokerage Agents 435

Housing Wire

AUGUST 3, 2021

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. “We have a significant portfolio of clients, roughly 2.5 thus far and counting.

Mortgage 448

Mortgage Clients Lending Technology 448

Housing Wire

FEBRUARY 17, 2022

Freddie Mac claims this would reduce the paper documentation burden on borrowers, speed loan closing and simplify the lending process. Out of about 35,000 individual workers surveyed in 2020, the American Payroll Association found that 94% received their checks via direct deposit.

Lending 541

Lending Mortgage Clients Business 541

Housing Wire

MAY 5, 2021

All told, the Detroit lending powerhouse originated $103.6 billion in closed loans in the first quarter of 2020, more than double its originations in Q1 2020. billion, a dramatic increase from the $99 million in profit the first quarter of 2020. billion in the first quarter of 2020. Expenses rose to $1.74

Mortgage 448

Mortgage Real Estate Agent Real Estate Clients 448

Housing Wire

MARCH 25, 2021

The capital raise follows a $5 million Series A funding round in June 2020. Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. Increasing lending and servicing capacity – regardless of mortgage rates. In 2020, the company says it surpassed $6 billion in monthly loan volume on its platform.

Mortgage 448

Mortgage Lending Technology Loan Officers 448

Housing Wire

JANUARY 28, 2021

It originated a total of $38 billion in loans through the first three quarters of 2020, according to the S-1. in the first nine months of 2020, down from 3.2x Earlier this month, Home Point Capital announced that it had brought on Fannie Mae ‘s former head of single family lending, Andrew Bon Salle , as chairman of its board.

Retail 534

Retail Lending Valuation Mortgage 534

Housing Wire

OCTOBER 19, 2023

In late August, when mortgage rates were well over 7% and beginning their climb toward 8%, Jeff Anderson had a client do what few other homeowners are willing to do: She gave up her 4% mortgage rate. At closing, my client will get $10,000 of cash up-front. You’re probably thinking, “Uh, why on earth would she do that?”

Mortgage 497

Mortgage Clients Lending Home Improvement 497

Housing Wire

SEPTEMBER 16, 2022

The lawsuit, which covers is known as “Echard v Wells Fargo Bank” and includes over 212,000 loans, likely played some role in Wells Fargo’s recent decision to pull back from mortgage lending. In March, Bloomberg reported that Wells Fargo in 2020 rejected more than half of Black homeowners’ refinancing applications.

Mortgage 459

Mortgage Lending Business Clients 459

Housing Wire

MARCH 25, 2021

Like every department within housing, marketing teams across the country were forced to re-strategize and tailor their programs to accommodate the changing climate of 2020. The HW Marketing Leaders make up the best and brightest minds in marketing within mortgage lending, servicing and real estate.

Real Estate Agent 397

Real Estate Agent Clients Tools Real Estate 397

Housing Wire

APRIL 24, 2024

In May 2020, Brenning also founded and led Amerisave Wholesale Mortgage Solutions , a technology- and service-driven wholesale lending platform. “I I look forward to collaborating with my colleagues to drive innovation, maximize productivity, and deliver exceptional service to our clients.”

Lending 422

Lending Investors Technology Clients 422

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. reAlpha provides a commission-free homebuying experience through an artificial intelligence-powered chatbot for its clients while also offering support from its in-house licensed agents. This consists of $1.5 This consists of $1.5

Brokerage 457

Brokerage Mortgage Real Estate Renovations 457

Housing Wire

NOVEMBER 8, 2021

million loss in the same period of 2020. The total servicing portfolio increased 38% between the third quarter of 2020 and 2021, to $248 billion in total. Reverse origination, however, went from $230 million in the third quarter of 2020 to $428 million in the same period of 2021. The post Ocwen delivers a $21.5M

Lending 392

Lending Sellers Business Clients 392

Housing Wire

JUNE 2, 2021

Co-mingling of the two companies previously took place in October 2020, when the tech providers announced an integration partnership. “Home Captain’s solutions are an exciting extension of Volly’s approach to delivering relevant, leading-edge technology solutions to our clients,” said Halbrook.

Mortgage 463

Mortgage Real Estate Technology Clients 463

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

Loan Officers 435

Loan Officers Technology Lending Tools 435

Housing Wire

APRIL 8, 2022

Anthony combines a strong understanding of the business opportunities for mortgage brokers with a dedicated focus on education and client support,” John Keratsis, president and CEO of Deephaven Mortgage, said in a statement. This combination has led to his success building strong and profitable wholesale partnerships.

Lending 397

Lending Mortgage Business Clients 397

Housing Wire

MARCH 9, 2022

IDS, founded in 1986 and based in Draper, Utah, employs roughly 75 people and has over 450 clients, including U.S. What are the building blocks of digital lending? In late 2020, Wolters Kluwer GRC acquired cloud-based digital lending software firm eOriginal for about $280 million. mortgage lenders, banks and law firms.

Lending 397

Lending Government Law Insurance 397

Housing Wire

MAY 22, 2024

The average cost for a retail mortgage lender to originate a loan reached $11,600 in the third quarter of 2023, up 35% — or nearly $3,000 per loan — when compared to fourth-quarter 2020, a period of low interest rates and high sales volume, according to a study published Tuesday by Freddie Mac.

Retail 459

Retail Tools Lending Technology 459

Housing Wire

MARCH 17, 2021

The product expansion is in response to servicers who “exhausted all efforts” to keep people in their homes during the COVID-19 pandemic and economic collapse of 2020, according to WFG Default Title Services Senior Vice President Dean Kirchen.

Real Estate Agent 370

Real Estate Agent Clients Real Estate Insurance 370

Housing Wire

MARCH 4, 2021

2021 is already shaping up to be a vastly different year than 2020 for the mortgage and real estate industry, and it’s not only because we’re entering a purchase market. There are few more serious sins in the lending industry than earning a repurchase demand.

Lending 448

Lending Law Loan Officers Clients 448

Housing Wire

JANUARY 12, 2021

WFG reports its highest volume months ever during Q2 and Q3 of 2020. As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. Back in 2019, Former Fannie Mae CEO Tim Mayopoulos was named president of Blend , a digital lending company. Presented by: WFG.

Tools 444

Tools Loan Officers Lending Design 444

Housing Wire

SEPTEMBER 11, 2020

Schreiner Gates, a technology veteran with more than three decades of experience, joined SimpleNexus’ board of directors in April 2020. Elsewhere in mortgage comings and goings, Chris Boyle has been named president of home lending at Roostify , bringing extensive experience in the mortgage lending ecosystem to the position.

Lending 342

Lending Valuation Technology Clients 342

Housing Wire

JUNE 1, 2021

The deal will allow Black Knight access to Top of Mind’s brain child, Surefire, a customer relationship management system and marketing automation software for the mortgage lending industry. ” The software boasts an all-in-one connectivity between LOSs, CRM, POSs, lead sources and sales acceleration systems. .

Clients 459

Clients Loan Officers Real Estate Brokerage 459

Housing Wire

FEBRUARY 9, 2021

HousingWire: We’ve seen multiple predictions of non-QM lending heating up in 2021. We saw and endured COVID force a pause on the business and had to quickly respond and adapt to continue to lend. Angel Oak made it happen thanks to our close connection with investors who trust our loans and lending standards. TH: Angel Oak 2.0

Lending 447

Lending Loan Officers Business Investors 447

Housing Wire

MARCH 17, 2023

Candor is executing a change in strategy to address the ever-changing mortgage market and to pivot along with client operations,” Tom Showalter, CEO of Candor , said in an e-mailed response. Future development projects will follow this collaborative approach with our clients and strategic partners. Candor Technology Inc. ,

Mortgage 370

Mortgage Technology Clients Development 370