Housing Wire

AUGUST 8, 2022

HousingWire recently spoke with John Jeanmonod, Regional Vice President of Sales at Angel Oak, about non-QM lending and the outlook for the second half of 2022. We were founded during a time of volatility and our business model has set us up to survive challenging times since. Not in droves like in 2021, but the business is out there.

Lending 345

Lending Loan Officers Training Investors 345

Housing Wire

AUGUST 31, 2020

Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. Because as much as automation is a long-term vision, it’s also about lenders proving value to the business as they move along the course.”. State of Mortgage Automation.

Lending 434

Lending Technology Tools Training 434

Housing Wire

JANUARY 9, 2024

360), an online regulated training provider, acquired Mortgage Educators and Compliance (MEC), a mortgage lending training company, both companies announced this week. MEC prides itself as a “one-stop online resource for all things mortgage training and education.” 360training.com, Inc.

Training 383

Training Mortgage Lending Real Estate 383

Housing Wire

DECEMBER 10, 2024

announced this week the appointment of Gabe Bodner to the head of its 55-plus lending division which includes its reverse mortgage business. I’ve always used education at the forefront for building and growing my personal book of business, Bodner said. and Cherry Creek Mortgage prior to its acquisition by Guild Mortgage.

Lending 293

Lending Clients Training Mortgage 293

Housing Wire

JUNE 28, 2024

While this was once a necessary business strategy, the technology now exists to implement a much more efficient approach. There are other things that humans still need to do, but the more that companies can make those tasks “lower skill” and easier to train around, the more scalable and nimble the organization can be as the market changes.

Lending 315

Lending Mortgage Technology Training 315

Housing Wire

JULY 19, 2024

In a competitive market full of options, banks must rely on more than their rate sheet to compete for the business of third-party originators. We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.”

Training 365

Training Renovations Lending Clients 365

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . So, adding reverse just makes good business sense. We have recorded trainings. We have live trainings.

Housing Market 348

Housing Market Business Mortgage Marketing 348

Housing Wire

OCTOBER 15, 2021

Home lending proptech Roostify is releasing the “first of many” APIs on its existing lending platform built to automate document validation and data extraction in the lending process. Even in its relatively early stages of training the AI models, it is already turning out FI scores between 0.83

Lending 307

Lending Development Training Mortgage 307

Housing Wire

JUNE 17, 2022

Amid all the chaos, loan officers may be pressed to get creative when it comes to generating new business. If you do not believe in what you are doing, and don’t feel good about it at the end of the day, then you just might be in the wrong business. Build Relationships. Your client is more than just another unit or commission.

Loan Officers 344

Loan Officers Business Clients Training 344

Housing Wire

FEBRUARY 16, 2024

Braheem, former co-founder of Loan Toolbox — an online resource for training, tools, support and coaching — launched The Loan Atlas, a mortgage coaching platform, earlier this year with mortgage executives and top loan officers joining as faculty members.

Mortgage 394

Mortgage Marketing Loan Officers Training 394

Housing Wire

OCTOBER 19, 2021

Additionally, homebuyers demand a fast and simple mortgage lending experience, similar to the other types of technology-driven solutions they enjoy in other aspects of their lives. Lenders haven’t been able to hire and train fast enough. The post The originations landscape is shifting – is your business ready?

Business 339

Business Technology Clients Training 339

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Mortgage Lending Mastery.

Loan Officers 435

Loan Officers Mortgage Lending Modernization 435

Housing Wire

DECEMBER 11, 2023

Despite rising housing unaffordability , we in the real estate business know that homeownership is still a fantastic way to build generational wealth. Not surprisingly, affordability is inextricably linked to fair housing , as fair housing (and lending) for all is foundational to affordability for all. Back to Bob’s American dream.

Real Estate Agent 441

Real Estate Agent Real Estate Agents Lending 441

Housing Wire

APRIL 25, 2024

The aim is to leverage the pair’s experience in content, training and digital production to make required NMLS training more fun, Knottingham said. In this way, we support our friends and colleagues looking to grow business into the coming years,” Knottingham said.

Mortgage 365

Mortgage Training Design Lending 365

Housing Wire

JANUARY 18, 2023

We’ve taken our years of mortgage experience and processes, and allowed any business to offer mortgage to its customers,” co-founder and CEO Dan Snyder said in a statement. Wagner will be responsible for helping Lower’s partners develop their business strategy in the home lending space, Synder said. population.

Mortgage 352

Mortgage Lending Finance Retail 352

Housing Wire

MARCH 4, 2021

While mortgage lenders would do well to heed the statements from the Consumer Financial Protection Bureau that it will be carefully watching fair lending and servicing issues , especially with the likelihood of a default spike, title and settlement firms will be keeping an eye on more than just the CFPB.

Lending 437

Lending Law Loan Officers Clients 437

Housing Wire

JULY 29, 2024

From tweaks in consumer protection laws to new lending standards and disclosure requirements, the goal is always to foster a clearer and fairer lending process. For example, ongoing updates to the Qualifying Mortgage Rule, which has been rewritten twice and may see another revision soon, have significantly shaped lending practices.

Mortgage 349

Mortgage Law Lending Training 349

Housing Wire

DECEMBER 7, 2023

The company’s close partnerships with mortgage brokers and correspondents transforms feedback into impactful products, technology and services that help clients grow their businesses in any economic environment. Flagstar also shares product-specific advice and expertise in VA and FHA lending with its clients.

Lending 314

Lending Clients Business Technology 314

Housing Wire

DECEMBER 13, 2021

Serving some of the top organizations in the real estate and lending space is a privilege,” said Jason Mitchell, president of JMG. When you are able to add the number of closings we do to our agents’ book of business, they understand the importance of delivering the results we require.”. A great partner has the control. It makes sense.

Real Estate 448

Real Estate Real Estate Agent Agents Clients 448

Housing Wire

JANUARY 9, 2025

A spokesperson at The Mortgage Firm told HousingWire thatthroughout its 29-year history, the company has been committed to providing equal credit access to all communities within its lending footprint. million for a loan subsidy program and enhance its fair lending training, among other things.

Investing 316

Investing Mortgage Lending Law 316

Housing Wire

JANUARY 3, 2025

Guild is bullish about its H4P prospects, despite the product not having broken through as a meaningful part of HECM business. Changing the conversation An improvement in this dynamic was also noted by Peter Sciandra , executive vice president of reverse lending secondary marketing at Fairway Independent Mortgage Corp.

Mortgage 389

Mortgage Lending Loan Officers Training 389

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 386

Loan Officers Technology Lending Tools 386

Housing Wire

SEPTEMBER 27, 2023

The DOJ alleges that the bank also failed to train and incentivize its staff to market and advertise its mortgage services to compensate for its lack of presence in these areas. A director of community lending will oversee the business in communities of color.

Advertising 405

Advertising Loan Officers Lending Training 405

Housing Wire

MAY 2, 2022

It was not enough: the Rosemont, Illinois-based business plans to lay off 140 more employees in May, a Worker Adjustment and Retraining Notification Act (WARN) the company filed in early March reveals. Presented by: Acra Lending. Godin relaunched the business in late 2019 as a lender focused on both wholesale and retail channels.

Human Resources 362

Human Resources Loan Officers Retail Training 362

Housing Wire

MARCH 10, 2023

For the new value acceptance plus property data option, third parties are authorized to do that collection at the property site, as long as lenders verify that they have a background check, have been “professionally trained” and are competent to do that collection. “Shift NOW as much appraisal work as possible away from Fannie Mae.

Valuation 397

Valuation Inspection Training Appraisal 397

Housing Wire

FEBRUARY 8, 2023

Homelendia said the franchisor model offers a turnkey solution for things like licensing, training, marketing support, loan processing services and ongoing assistance. Homelendia also claims to offer the lowest cost mortgage brokerage business franchise in the industry.

Brokerage 326

Brokerage Mortgage Training Lending 326

Housing Wire

JULY 20, 2021

KW Expansion Network will support business operations of the U.S.-based Keller Williams has long been hailed as one of the first to embrace the team business model in real estate. However, strategically, it provides a way for KW to compete with new business models. based KW real estate expansion teams. Presented by: Maxwell.

Real Estate Agent 418

Real Estate Agent Brokerage Real Estate Realty 418

Housing Wire

SEPTEMBER 27, 2021

Arming your origination team with the right technology and training to manage consistency, compliance and brand recognition on social media is worth the investment – not to mention the peace of mind. Training Loan Officers on Compliance Issues. Ongoing Training and Monitoring. Discussing Privacy Concerns.

Loan Officers 361

Loan Officers Training Development Technology 361

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 342

Mortgage Retail Lending Loan Officers 342

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. We’re not out building a retail person’s name.

Retail 364

Retail Mortgage Loan Officers Marketing 364

Housing Wire

JUNE 30, 2021

With this unwavering focus, we help brokers close loans fast, get referrals and grow their business,” Chief Operating Officer Melinda Wilner said. The company also offers both onsite and virtual Success Track training for loan officers, processors and broker owners.

Tools 321

Tools Training Technology Clients 321

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.”. PACE programs are also not regulated as heavily as other financial services, including mortgage lending.

Mortgage 427

Mortgage Clients Lending Technology 427

Housing Wire

FEBRUARY 21, 2024

Axis 360 Lift strives to offer a comprehensive understanding of the mortgage business by addressing each step of the process. Axis has lending and title academies, with an origination academy set to launch in the spring of 2024. The initial 30 days establish a foundational understanding of mortgage lending concepts.

Housing Market 346

Housing Market Mortgage Marketing Real Estate 346

Housing Wire

JUNE 28, 2022

There’s no question that a digital-first way of doing business is becoming the norm and the demand for digital in the mortgage industry is only growing. In addition to the momentum and the economics, digital lending just makes sense. HousingWire: Is this the year that digital mortgages and eClosings really accelerate?

Mortgage 386

Mortgage Training Business Transportation 386

Housing Wire

JUNE 6, 2022

Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5

Mortgage 443

Mortgage Loan Officers Lending Human Resources 443

Housing Wire

APRIL 19, 2024

The last refi boom trained lenders to focus on top-of-the-funnel metrics. At a time when lenders are reporting a pre-tax net loss of more than $2,000 on each loan they originate, trying to crank more loans through the system can mean digging their grave deeper and going out of business faster.

Mortgage 428

Mortgage Training Business Tools 428

Housing Wire

APRIL 24, 2023

Our proprietary predictive analytics engine has been trained on nearly one billion credit inquiries. If you look at the new LLPA tables, you’ll see that the investors reward lenders for lending to less risky borrowers. CreditXpert is a data science company. One measure of that risk is the applicant’s credit score.

Business 335

Business Loan Officers Training Tools 335