Housing Wire

NOVEMBER 15, 2024

Should the goal of marketing technology be to make it so that a loan officer never needs to log in? I started in the mortgage industry in 2015, working for large banks that were heavily invested in using technology to simplify the loan process for everyone involved. Empowerment, not detachment, is the path forward.

Loan Officers 278

Loan Officers Marketing Tools Technology 278

Housing Wire

MAY 29, 2024

And it seeks to expand the number of available loan officers and strategic development tools to continue building on the momentum that company executive say they’re seeing in the space. How would you say business is going? We’ve just recently added a new strategic business manager to our division.

Business 361

Business Loan Officers Mortgage Clients 361

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 437

Business Mortgage Loan Officers Inventory 437

Housing Wire

FEBRUARY 12, 2024

The start to 2024 When asked about how business has progressed in the early days of the year, Robinson said that the company is focused on looking ahead at potential interest rate relief and any changes in Federal Reserve policy that may come. “I Wherever we can make a move, we’re going to.”

Business 435

Business Loan Officers Clients Mortgage 435

Housing Wire

MARCH 27, 2024

US Mortgage recently surpassed 30 years in business. Business alignment Krajewski most recently served as vice president and head of reverse mortgage lending at University Bank , and he joined US Mortgage earlier this month. He said the company attracted him because of its goals to expand more broadly into reverse mortgages.

Business 401

Business Mortgage Loan Officers Training 401

Housing Wire

MAY 22, 2024

Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. The technologically advanced mortgage platform empowers loan officers to serve both customers and business partners with ease and excellence. “The

Development 358

Development Lending Business Loan Officers 358

Housing Wire

JUNE 13, 2024

He discussed this year’s business trends and priorities in a recent interview with HousingWire ’s Reverse Mortgage Daily (RMD). Plack also touches on the company’s use of data science to source business, its use of direct mail and the importance of multiple modalities to support growth. I’m excited about where we’re headed.

Business 401

Business Mortgage Loan Officers Investing 401

Housing Wire

APRIL 17, 2024

For Blue Sage, Aach said that the company’s loan officer portal will be a key element to help FCM reach its growth goals, since it provides specialized tools for LOs to do their jobs. “In FCM originated $2 billion in home loans last year through its wholesale and retail divisions, the company reported.

Business 419

Business Loan Officers Mortgage Lending 419

Housing Wire

FEBRUARY 14, 2024

As reverse mortgage industry professionals continue to look ahead into 2024 after enduring a challenging year for business in 2023, the prevailing attitude is optimistic. To understand how loanDepot’s business has started the year, RMD sat down with Moriello to hear about what she’s seeing and what the company’s loan officers are telling her.

Business 380

Business Mortgage Advertising Clients 380

Housing Wire

AUGUST 14, 2024

As you talk to more people across all aspects of our business, from the loan officers to the consumer to real estate agents, everybody is eagerly excited for what’s coming,” Sheinin said. August is generally a slower time for business in the mortgage industry and this year is no different, LOs told HousingWire.

Business 415

Business Mortgage Loan Officers Clients 415

Housing Wire

MARCH 1, 2024

California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an attempt to drive business. He declined to comment further.

Loan Officers 424

Loan Officers Law Brokerage Business 424

Housing Wire

FEBRUARY 9, 2024

Last year was a challenging one for reverse mortgage business activity, and it likely hit no one harder than the industry’s front-line loan originators. The change is a welcome one, since 2023 may have been Cullen’s “poorest year of 19 years in this business,” he explained. “I I will confess that it was a struggle all year long.”

Business 397

Business Mortgage Loan Officers Marketing 397

Housing Wire

DECEMBER 12, 2024

Bell was in tech in the late 1990s, then got into the mortgage business in 2022, doing everything from production to owning a mortgage company. This interview has been edited for length and clarify. Sarah Wheeler: How does being an originator inform how you think about technology?

Loan Officers 328

Loan Officers Technology Agents Real Estate Agent 328

Housing Wire

AUGUST 16, 2024

Despite what seems like welcome news for loan originators, who have suffered through thinning margins for two years, refinance business has yet to go up much , LOs told HousingWire. “I On Friday, the average rate for a 30-year conforming loan was 6.65% at HousingWire ’s Mortgage Rates Center.

Business 404

Business Loan Officers Mortgage Buyers 404

Housing Wire

OCTOBER 2, 2023

Equity Prime Mortgage (EPM), which shifted to the TPO business after exiting its retail channel in the fall, has embarked on a new chapter. BLVR – a marketing and promotional campaign launched by EPM on Monday – aims to reach as many retail loan officers to provide information about the wholesale channel. About 16.8%

Retail 435

Retail Loan Officers Lending Business 435

Housing Wire

JANUARY 5, 2024

But this isn’t your standard poaching lawsuit: G-Rate alleges that NAF has wooed at least 30 employees since early 2023 via illegal loan officer compensation practices. The departing employees included a divisional manager, branch and regional managers, and loan officers.

Loan Officers 463

Loan Officers Retail Law Business 463

Housing Wire

OCTOBER 4, 2023

In an environment where 30-year fixed mortgage rates are racing towards 8%, loan officer pipelines are thinning dramatically. But LOs who cater to first-time homebuyers’ needs – offering FHA loans and down payment assistance loans — are faring better, Michael Ullmann, producing branch leader at Movement Mortgage , explained.

Loan Officers 468

Loan Officers Mortgage Finance Buyers 468

Housing Wire

APRIL 19, 2023

The National Association of Mortgage Brokers (NAMB), an association representing the interests of individual mortgage loan originators and small to midsize mortgage businesses, is welcoming the introduction of a bill that would end the sale of trigger leads. The bill, H.R. However, none of the three credit bureaus responded.

Loan Officers 464

Loan Officers Clients Mortgage Business 464

Housing Wire

OCTOBER 13, 2023

According to loan officers, former executives, recruiters and business partners, Fairway has struggled with liquidity issues and its founder and CEO Steve Jacobson has attempted to sell the business. Representatives at Fairway did not respond to multiple requests for comment.

Loan Officers 493

Loan Officers Mortgage Finance Business 493

Housing Wire

APRIL 23, 2024

Guaranteed Rate is ready to help high performance producers take their business to the next level. In his new role, Hutchens will oversee a top-ranked book of business in North Carolina. Additionally, he will provide management and mentorship to other loan officers at Guaranteed Rate.

Loan Officers 447

Loan Officers Real Estate Business Brokerage 447

Housing Wire

JANUARY 11, 2023

Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. Lenders are promoting more buydowns as the need for purchase business becomes increasingly critical. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. .

Sellers 529

Sellers Mortgage Loan Officers Buyers 529

Housing Wire

NOVEMBER 20, 2023

In order to survive, buyer agents will need to show this value to buyers and be willing to have clients pay a set fee or a pre-negotiated percentage of the sale price to secure the business. No matter what it looks like, buyer agents will be working for less and this is where trailing risk for loan officers comes in.

Buyers 412

Buyers Agents Real Estate Agent Loan Officers 412

Housing Wire

MAY 2, 2024

one of the latest M&A transactions amid a challenging landscape for home loan originators. “We We did transfer our branches and loan officers to ML Mortgage. Department of Agriculture (USDA) loans, as well as down payment assistance programs. Mountain West offers Federal Housing Administration (FHA), U.S.

Retail 396

Retail Loan Officers Mortgage Lending 396

Housing Wire

MARCH 25, 2024

It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation , says he isn’t worried about a potential U.S. Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. TikTok is probably 40% to 45% of my business.”

Loan Officers 380

Loan Officers Tools Business Clients 380

Housing Wire

APRIL 16, 2024

Take, for example, Miami-based proptech firm Realfinity , which aims to challenge the status quo with a new business venture. The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing.

Real Estate Agent 432

Real Estate Agent Loan Officers Real Estate Agents 432

Housing Wire

OCTOBER 22, 2024

Mortgage technology company Uplist has launched what it says is a killer new tool that will help loan officers automatically generate refinance options for their clients. Loan officers can also put in lender-offered concessions that will change the pricing. ”

Tools 397

Tools Loan Officers Clients Technology 397

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. ” According to Scotsman Guide , Potempa was the No. million. .

Loan Officers 415

Loan Officers Mortgage Retail Lending 415

Housing Wire

OCTOBER 9, 2023

After years of working crazy hours and focusing on growing his business, Ciardelli saw the impact his hard-driving lifestyle was having on his health and close relationships. The result would be a win-win for the business and for customers, he said. He knew he needed to make changes. “I As of Oct.

Loan Officers 447

Loan Officers Mortgage Technology Realtors 447

Housing Wire

JUNE 6, 2024

As these professionals come aboard, RMD asked Ogata and the company’s chief marketing officer, Andrew Pohlmann, about what they’re focused on for the rest of the year to keep the momentum of reverse mortgage business going through the end of 2024. This, in turn, drives business on both the forward and the reverse sides,” Ogata said.

Loan Officers 365

Loan Officers Mortgage Business Lending 365

Housing Wire

JANUARY 29, 2024

Three years into its controversial ultimatum , United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp. Other cases Another lawsuit recently filed by UWM was against Madison Atrina LLC , doing business as District Lending.

Contracts 448

Contracts Loan Officers Lending Retail 448

Housing Wire

SEPTEMBER 11, 2023

Cliffco Mortgage Bankers is among the rare independent mortgage banks doing more business than last year. To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners.

Loan Officers 389

Loan Officers Agents Retail Technology 389

Housing Wire

NOVEMBER 21, 2023

In March, the company struck a deal to acquire Homebridge Financial Services ‘s retail division to grow its retail lending business footprint. Shamrock ‘s chief growth officer Kurt Noyce and president Rod Correia will lead the team of sales and support professionals, which will remain in their current locations.

Loan Officers 372

Loan Officers Retail Lending Renovations 372

Housing Wire

FEBRUARY 1, 2024

Top 10 mortgage lender and servicer NewRez is restructuring its distributed retail mortgage business, which has resulted in cuts to regional and divisional managers. The restructuring also includes reduced compensation for loan officers, and sources said that many are seeking new opportunities at rival lenders.

Retail 409

Retail Loan Officers Business Real Estate 409

Housing Wire

APRIL 15, 2024

No single reverse mortgage professional takes the same path into the business, and in the latest edition of RMD’s “ Origins ” feature series, we sit down with Schmidt to learn about how he went from restaurant manager to forging business partnerships with the industry-leading reverse mortgage lender. It gave me a sense of purpose.

Mortgage 418

Mortgage Loan Officers Business Finance 418

Housing Wire

FEBRUARY 2, 2024

Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. NAF] is just a different culture of business, and a lot of people don’t like working with a huge company because then they get lost,” the LO said. Loan officers earn their income when they fund loans.

Loan Officers 397

Loan Officers Human Resources Law Lending 397

Housing Wire

FEBRUARY 27, 2024

Based in Las Vegas, Gatling has worked for companies such as Bank of America , MetLife Home Loans , Home Community Mortgage and Guild Mortgage , developing expertise in loans to underserved communities. This role offers me a platform to be more than just a loan officer,” Gatling said in a statement.

Loan Officers 413

Loan Officers Development Mortgage Real Estate 413

Housing Wire

MARCH 28, 2024

In the meantime, Kortas announced during a weekly Town Hall on Tuesday that company president Grella had been terminated, which means he will not be involved in the company’s daily operations or strategic decisions for the growth of the business. “The negotiations regarding the buyout of Mr. Grella’s ownership interest shall continue.”

Mortgage 439

Mortgage Brokerage Loan Officers Business 439