Housing Wire

MARCH 6, 2023

The combination of an economic uncertainty, high mortgage rates and persisting affordability challenges will further reduce purchase demand, which keeps Monson and thousands of loan officers up at night. While mortgage rates are high, rent in the Tampa Bay, Florida market has also been rising. It’s starting to even out.

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Loan Officers Inventory Real Estate Agent Buyers 397

Housing Wire

DECEMBER 16, 2021

It is an eventful week within the Slack channels of Knock , and an anxiety-filled one for the company’s about 50 loan officers. Knock loan officers draw a median salary of about $75,000 a year, according to these company sources. It began 2021 in 14 markets and is now in 70. Knock does not do refinancings.).

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Loan Officers Real Estate Agent Real Estate Agents 418

Housing Wire

OCTOBER 30, 2024

A new episode of “The Loan Officer Podcast” aims to teach mortgage originators how to leverage tools and grow their businesses. It’s where a lot of people in our market get their start, but it was a really good opportunity for me. This interview has been lightly edited for length and clarity.

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Development Business Loan Officers Retail 440

Housing Wire

JUNE 6, 2023

and home prices still near record highs, homebuyers are demanding that their loan officers provide options to lower monthly mortgage payments as much as possible. Being conservative never hurts and being strategic about the market is important, Jared Sawyer, a sales manager at loanDepot , said. With rates around 6.9% versus a 6.5%

Loan Officers 397

Loan Officers Clients Sellers Buyers 397

Housing Wire

NOVEMBER 8, 2024

Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action. Flat lines in business and life are never good,” says Shallis. Key Strategies for Realtors in Q4 1.

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Realtors Marketing Loan Officers Sellers 370

Housing Wire

MAY 22, 2023

Top-producing loan officer Christopher Keelin has taken his 80+person team over to CrossCountry Mortgage to “take advantage” of the lender’s technology while scaling his business. Being a consultant has helped Keelin retain and grow his client base, especially in his main markets of New Jersey and Florida.

Loan Officers 367

Loan Officers Investors Technology Clients 367

Housing Wire

NOVEMBER 20, 2024

The current mortgage market starkly contrasts with the booming years of 2020 and 2021. Both borrowers and loan officers face a changed—and changing—landscape. As we emerge from the downturn, now is a great time to evaluate your company’s support for your business. Who’s getting the business? The last year?

Marketing 367

Marketing Loan Officers Realtors Business 367

Housing Wire

MAY 29, 2024

As already evidenced by its ambitious new marketing campaign, “ Old Wives ,” the company is also aiming to streamline its existing presence in the reverse mortgage market. How would you say business is going? We’ve just recently added a new strategic business manager to our division. What else have you been trying?

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Business Loan Officers Mortgage Clients 442

Housing Wire

SEPTEMBER 14, 2023

The FHA’s announcement in early September to waive a requirement that FHA-approved lenders flag rejected loans in the FHA Connection system is a step in the right direction since declined borrowers don’t have to overcome a stigma, loan officers said. It’s not going to be more business.

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Loan Officers Mortgage Finance Clients 418

Housing Wire

SEPTEMBER 8, 2022

When mortgage lenders are talking about compliance in loan origination or mortgage servicing, the worst case can be pretty bad, so we often see companies investing heavily in the best tools. Mike is an experienced mortgage loan officer. Without marketing automation, he probably would have been right. Not anymore.

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Business Marketing Technology Tools 459

Housing Wire

MAY 30, 2023

And, in the mortgage industry, AI will play an instrumental role in helping loan officers to be more efficient, according to Nima Ghamsari , Blend ‘s co-founder and CEO. of the total market originations in the second half of 2022, up from 14.5% We are growing market share a lot right now and helping our customers a lot.

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Loan Officers Technology Investing Mortgage 416

Housing Wire

JUNE 13, 2024

According to the most recent Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), Annapolis, Maryland-based South River Mortgage is the ninth-largest reverse mortgage lender in the country with 496 endorsements in the 12-month period ending May 31. I’m excited about where we’re headed.

Business 466

Business Mortgage Loan Officers Investing 466

Housing Wire

NOVEMBER 30, 2022

Cloudvirga’s platform solves for both by creating the best experience for borrowers and loan officers. The Cloudvirga team has been able to dramatically improve the experience of the borrower and the loan officer. Cloudvirga is here to help capture and retain the market you need and deserve.”.

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Loan Officers Tools Clients Technology 369

Housing Wire

NOVEMBER 2, 2023

Meanwhile, Michael Strauss , its only loan officer, now has an inactive status on his license, according to the Illinois Department of Financial and Professional Regulation (IDFPR). Strauss’s restriction to do business started Oct. 3, indicating a voluntary surrender. 3, indicating a voluntary surrender.

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Business Loan Officers Law Mortgage 468

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.

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Business Mortgage Loan Officers Inventory 459

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.

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Business Mortgage Loan Officers Clients 468

Housing Wire

MAY 25, 2023

has decided to exit the origination business amid one of the most challenging cycles in decades, provoked by the Federal Reserve ‘s tightening monetary policy and a banking crisis. The company will focus on full-servicing banking and mortgage servicing businesses, it announced on Thursday. Texas-based Colonial Savings, F.A.

Business 397

Business Mortgage Loan Officers Inventory 397

Housing Wire

FEBRUARY 12, 2024

Robinson said that even within the challenging market, the team was able to roughly double its headcount of dedicated reverse employees compared to when she started in January 2023. One such move is in collaboration with NAF’s forward mortgage division and educating more of these loan officers about reverse products.

Business 435

Business Loan Officers Clients Mortgage 435

Appraisal Buzz

JULY 31, 2024

Mortgage industry veteran Brad Cardwell has joined Down Payment Resource as vice president of sales and business development. Cardwell started his mortgage career as a loan officer and team leader at Embrace Home Loans, where he worked for 19 years, most recently as vice president of innovation for revenue and sales enablement.

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Development Business Loan Officers Technology 195

Housing Wire

APRIL 10, 2024

Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage and real estate. She is always strategizing for the future to stay one step ahead of current market trends.

Marketing 437

Marketing Loan Officers Real Estate Training 437

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 458

Business Mortgage Loan Officers Marketing 458

Housing Wire

OCTOBER 25, 2024

I was close to $7 million a month, and Ernie told me to get a business coach. That brought a lot of structure and focus in the broad business, life planning, family stuff and everything. ’ The market changes 50 basis points on Monday, and now I have to redo it again for the next week. It really gave me a road map.

Loan Officers 438

Loan Officers Business Technology Tools 438

Housing Wire

MAY 7, 2024

Recent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% Second, nearly 20,000 loan officers moved into the wholesale channel in 2023. This exceptional service is what keeps brokers memorable and top of mind for referral and repeat business down the road.

Retail 476

Retail Marketing Loan Officers Government 476

Housing Wire

AUGUST 20, 2020

DataTrace Information Services announced on Thursday its launch of MarketView – a platform that will provide title companies with accurate market insights including existing market share. Market reporting can then be verified through the Nationwide Multistate Licensing System consumer access website that is available in reports.

Loan Officers 482

Loan Officers Marketing Property Taxes Business 482

Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies.

Marketing 434

Marketing Loan Officers Advertising Retail 434

Housing Wire

OCTOBER 1, 2021

Stevens, President at SRE.com, about the challenges mortgage loan officers and brokers face as the market continues to shift toward purchase money business and how human-assisted eCommerce can help them win more business. HousingWire: Why should referrals be a key part of originators’ strategies?

Business 431

Business Loan Officers Real Estate Agent Real Estate 431

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. ” You’re like, ‘What are you doing?'”

Tools 421

Tools Loan Officers Clients Technology 421

Housing Wire

APRIL 13, 2023

NMLS showed the bank has 63 registered loan officers. The bank, consisting of 25 branches in the Southeast and operations in the Midwest, serves mortgage, small business administration (SBA) and USDA customers. The bank’s production volume more than halved to $1.04 billion in 2022 from the previous year’s $2.37

Business 397

Business Mortgage Loan Officers Lending 397

Housing Wire

MARCH 6, 2024

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez , as its vice president of marketing. John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company.

Marketing 447

Marketing Loan Officers Retail Lending 447

Housing Wire

JANUARY 17, 2023

“The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A A 5% market will be good. I think that brings enough people back into the market, [though] I do think there’s still a lot more demand than supply.”. Consistency is key to getting there.

Loan Officers 433

Loan Officers Marketing Real Estate Agent Real Estate 433

Housing Wire

FEBRUARY 16, 2024

To take advantage of the shifting market, two key areas that loan originators should be focusing on are “nurturing and cementing relationships with preapproved borrowers,” said Tim Braheem, founder and chief content creator of The Loan Atlas.

Mortgage 435

Mortgage Marketing Loan Officers Training 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.

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Loan Officers Retail Law Business 482

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

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

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Loan Officers Technology Business Mortgage 432

Housing Wire

JANUARY 31, 2022

The nonbank mortgage lender is expanding its consumer direct lending business while some competitors are laying off employees with the expectation that the channel cools down with higher mortgage rates. PennyMac is growing fast with its consumer direct lending business. However, the lender’s consumer direct market share was only 1.4%

Business 363

Business Lending Loan Officers Mortgage 363

Housing Wire

SEPTEMBER 23, 2024

San Diego-based Smartfi Home Loans , which is primarily active as a wholesale lender in the reverse mortgage space and is actively building a retail division that offers reverse mortgage products, has hired industry veteran Martin Lenoir as its new chief marketing officer.

Marketing 446

Marketing Retail Advertising Loan Officers 446

Housing Wire

JANUARY 9, 2023

With a challenging year ahead, the professional services company affiliated with Rocket Mortgage has decided to restructure the marketing team in the first week of 2023, resulting in about 20 jobs cut, according to former employees. . Late last week, the Rocket Central Marketing team announced a reorganization,” he said.

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Mortgage Marketing Loan Officers Business 497