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 354

Lending Mortgage Technology Training 354

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 422

Training Mortgage Lending Real Estate 422

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 404

Training Renovations Lending Clients 404

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 380

Lending Loan Officers Training Investors 380

Housing Wire

OCTOBER 27, 2024

Complex systems may require extensive training and adjustment periods. The human touch remains critical in mortgage lending. Technology should enhance, not replace, sound business practices. Underestimating Training Needs : Insufficient training can lead to underutilization of new systems.

Technology 418

Technology Mortgage Training Development 418

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 345

Lending Development Training Mortgage 345

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 367

Housing Market Business Mortgage Marketing 367

Housing Wire

SEPTEMBER 29, 2020

This sounds like great news for lenders, for whom millions of newly refi-eligible mortgages means a lot of new business coming in. To help prepare, the industry experts at TMS have compiled a list of proactive steps to take to make sure that, when refi sweets are less abundant, your business will already be nutritious.

Lending 452

Lending Loan Officers Business Investors 452

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 386

Mortgage Law Lending Training 386

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 405

Mortgage Training Design Lending 405

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 340

Lending Clients Business Technology 340

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 424

Mortgage Marketing Loan Officers Training 424

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 384

Loan Officers Business Clients Training 384

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 468

Real Estate Agent Real Estate Agents Lending 468

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 435

Lending Technology Tools Training 435

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 384

Mortgage Lending Finance Retail 384

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 376

Business Technology Clients Training 376

Appraisal Buzz

NOVEMBER 15, 2024

During “ Partnering for Performance: Mortgage Operations Outsourcing ,” a panel of experts will explore how outsourcing can transform mortgage operations, by discussing strategic planning, cost-savings, and workflow advantages of staffing partnerships, including a practical breakdown of what operators should prepare for—from training to timelines.

Clients 367

Clients Technology Business Mortgage 367

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. What are some specific types of non-lending assignments that might be worth adding to your workload this year? Read the full survey results below.

Lending 99

Lending Appraisal Property Taxes Training 99

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

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 357

Brokerage Mortgage Training Lending 357

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 365

Mortgage Retail Lending Loan Officers 365

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 380

Housing Market Mortgage Marketing Real Estate 380

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 419

Loan Officers Technology Lending Tools 419

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 441

Advertising Loan Officers Lending Training 441

Housing Wire

SEPTEMBER 3, 2024

This commitment includes increasing educational efforts through more training sessions, improved communications and personalized consultations with our borrowers,” Robinson said. This would go doubly in a more favorable rate environment. It is very important for lenders to make sure the cost to benefit makes sense for the borrower. “The

Mortgage 452

Mortgage Clients Finance Business 452

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 373

Business Loan Officers Training Tools 373

Housing Wire

JULY 3, 2024

Like any powerful tool, it is essential to install proper fundamentals such as training, testing, accountability and continuous improvement before implementing. The machine learning model can be supervised, the data used for training can be governed, and results can be tested and even explainable given the appropriate design.

Training 399

Training Tools Lending Valuation 399

Appraisal Buzz

NOVEMBER 8, 2024

In its latest Lending Intelligence Report, J.D. three-fourths of business leaders said they were planning to escalate their AI investments as they continue to see positive strides in customer service functionality. Power examines artificial intelligence and its emergence in the mortgage marketplace.

Mortgage 389

Mortgage Investing Technology Training 389

Appraisal Buzz

APRIL 2, 2024

Gallucci has nearly 20 years of financial services and mortgage industry experience, fostering business relationships and leading sales efforts. Prior to that, he served in business development, operations, and training roles with several lenders. During his tenure, partnership revenue grew by six times.

Modernization 195

Modernization Training Development Business 195

Housing Wire

JANUARY 24, 2023

The ‘ultimatum ’ it imposed two years ago effectively prohibited broker partners from also doing business with two of UWM’s rivals. The lender’s price reduction by 50 to 100 basis points across all its loans last year led to accusations that UWM was making it impossible for some lenders to do business in the space.

Lending 362

Lending Law Training Legal 362

Appraisal Buzz

APRIL 23, 2024

He spent over a decade in various executive and managerial positions, where he led a highly successful team that included analytics, risk management, training, communications and vendor management while managing two of the top five lending institutions and the firm’s GSE relationships.

Lending 195

Lending Training Design Tools 195

Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. It’s a different approach to lending. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000.

Mortgage 361

Mortgage Loan Officers Lending Retail 361

Appraisal Buzz

JUNE 24, 2024

Based in Timonium, Maryland, Dalgarno will focus on growing Embrace’s new construction home lending business throughout the East Coast by forming partnerships with homebuilders and recruiting loan officers who specialize in new home construction. Over the past few years, we’ve been growing that business and will continue to do so.”

Loan Officers 221

Loan Officers Construction Training Business 221

Appraisal Buzz

OCTOBER 14, 2024

As all lenders have “skin in the game” on every loan, rigorous quality control across the lending lifecycle is imperative. Meanwhile, incomplete or inaccurate information can lead to faulty lending decisions that put lenders and their AMCs at risk.

Valuation 368

Valuation Technology Renovations Appraisal 368

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

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 389

Human Resources Loan Officers Retail Training 389