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.

Realtors 368

Realtors Marketing Loan Officers Sellers 368

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

Loan Officers 370

Loan Officers Training Development Technology 370

Housing Wire

NOVEMBER 5, 2024

I remember in 2007 when I told a neighbor I was about to become a loan officer. I had been working at Washington Mutual for a few months when I was offered the opportunity to go into a mentorship under the two top loan officers in the county. New loan officers have very little to no training and very little support.

Loan Officers 370

Loan Officers Clients Realtors Mortgage 370

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 427

Mortgage Marketing Loan Officers Training 427

Housing Wire

SEPTEMBER 25, 2024

loanDepot’s focus is on the sales side, attracting experienced loan officers (LOs) and people who want to join the industry via its accelerated career in effective sales (ACES) program. Most mortgage companies hire fast and fire fast based on the cyclicality of the business,” Elezaj said. They deserve transition packages.

Mortgage 443

Mortgage Loan Officers Retail Training 443

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. Diagnosing low H4P uptake. of all endorsements in 2021. Harlan Accola. Dan Hultquist.

Business 361

Business Real Estate Agent Real Estate Loan Officers 361

Housing Wire

APRIL 1, 2024

Two years later, the division has proven to be a key player in the business at Longbridge. To mark the anniversary of the launch and the posture of the wider industry that has evolved during that time, RMD sat down with Parks to discuss how the business has progressed and what it’s looking to accomplish in the future.

Loan Officers 406

Loan Officers Training Business Retail 406

Housing Wire

SEPTEMBER 16, 2022

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. Loan Officer Freedom. Loan Officer Leadership. Loan Officer Leadership. 10 Loans a Month.

Loan Officers 435

Loan Officers Mortgage Lending Modernization 435

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. Dalgarno expects to hire 15 to 20 new loan officers over the next year.

Loan Officers 221

Loan Officers Construction Training Business 221

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 426

Training Mortgage Lending Real Estate 426

Housing Wire

APRIL 24, 2024

As any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. After learning about his path into the business , RMD sat down with Schmidt to learn more about his approach for enlisting new partners at FAR and across the wider industry. The response was swift.

Mortgage 395

Mortgage Loan Officers Training Business 395

Housing Wire

JUNE 22, 2023

It ceased that business in December 2022 after rising mortgage rates wreaked havoc on the housing industry. Bowlby noted that AmeriFirst never closed business. The lender maintained their servicing portfolio, servicing about $1 billion of Fannie Mae , Freddie Mac and Ginne Mae loans. relaunched its forward mortgage originations.

Loan Officers 358

Loan Officers Mortgage Real Estate Agent Business 358

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 472

Real Estate Agent Loan Officers Real Estate Agents 472

Housing Wire

SEPTEMBER 14, 2023

And that’s really important, because remember, I put my money behind Angel Ai, so if we let loans go through with a low confidence level, then I’ve got a big problem on my hands — I’m going to have lots of loans on my balance sheet and that’s not good for business. AP: People do get upset.

Loan Officers 430

Loan Officers Technology Mortgage Training 430

Housing Wire

NOVEMBER 2, 2022

Regardless, it’s clear that title businesses will need to compete for their share of that available volume, in large part, by differentiating themselves from the competition. In doing so, these title businesses will very likely be building unique differentiators for themselves , not just for the short term. Processes, or chokepoints?

Business 399

Business Technology Human Resources HOA 399

Housing Wire

AUGUST 8, 2022

HousingWire: Given the recent news about a few non-QM lenders shutting down, some loan officers might be hesitant about working with non-QM. What would you say to those loan officers? Our company was born out of the financial crisis to provide non-QM loan solutions for underserved borrowers such as self-employed.

Lending 384

Lending Loan Officers Training Investors 384

Housing Wire

FEBRUARY 20, 2024

The changing role of the LO One of the strongest indicators of this transformation is the changing role of the loan officer (LO). To succeed, companies will need to empower their teams with the tools, training and decision-making authority to help them win share on a loan-by-loan, borrower-by-borrower basis as quickly as possible.

Loan Officers 423

Loan Officers Technology Lending Tools 423

Housing Wire

APRIL 10, 2024

Amory Wooden , Chief Marketing Officer at Anywhere Brands was honored for her vital role in generating leads and overseeing business strategy for the company’s franchise brands. The campaign saw 67,000 impressions in our social media campaign in the first three weeks of launch.

Marketing 398

Marketing Loan Officers Real Estate Training 398

Housing Wire

MAY 25, 2023

Few loan officers make the purchase product a main part of their business. Real estate agents, loan officers and builders can attract customers they have never captured before. Many of these loan officers have existing relationships with real estate agents and builders,” Cooper said. “If

Loan Officers 416

Loan Officers Real Estate Agent Real Estate Finance 416

Housing Wire

APRIL 20, 2023

Denver-based brokerage franchise Motto Mortgage , owned by RE/MAX , has accused broker shop UMortgage of “tortious interference” in its contract with a former franchisee called TRB Solutions, whose controlling member was Breon Price, the top-producing loan officer. According to a lawsuit filed in March in a U.S

Contracts 391

Contracts Loan Officers Legal Best Value 391

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns. Six months ago Interfirst Mortgage Co.

Human Resources 391

Human Resources Loan Officers Retail Training 391

Housing Wire

JANUARY 10, 2023

Not every loan officer that wanted to join APM was hired, however. The focus was on high-producing and profitable branches — and the loan officers who were part of those branches were brought over, Lowman explained. . “We We can get them (LOs) running in about 30 days. billion, plans on expanding in 2023.

Loan Officers 382

Loan Officers Mortgage Training Finance 382

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. A lender with $624.6

Lending 413

Lending Real Estate Agent Loan Officers Retail 413

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. Its parent Rocket Companies rode the wave to a stunning $9.4

Loan Officers 368

Loan Officers Retail Real Estate Agent Real Estate 368

Housing Wire

DECEMBER 29, 2023

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. This way I can help them grow their business. Whatever I have for me, I will do it for them as well.

Mortgage 476

Mortgage Loan Officers Inventory Business 476

Housing Wire

APRIL 24, 2023

Our proprietary predictive analytics engine has been trained on nearly one billion credit inquiries. A single click allows the loan officer to show them their potential and exactly what it will take to get there. CreditXpert is a data science company. Our artificial intelligence (AI) quickly identifies an applicant’s mid-score.

Business 377

Business Loan Officers Training Tools 377

Housing Wire

JUNE 5, 2024

Top mortgage technology executives say their companies are embracing artificial intelligence (AI) in their operations but still relying on human decision-making to sell loans. “There’s one question every CEO, CTO, CIO, loan officer, processor, underwriter, they all ask the same thing: will AI replace my job?”

Mortgage 435

Mortgage Loan Officers Technology Tools 435

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. In our business, that’s the refinance transaction.

Mortgage 471

Mortgage Technology Tools Business 471

Housing Wire

FEBRUARY 10, 2022

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. “They’re doing the same exact training every single year, ” he said. These 400 loan officers are just the ones that got caught in a specific scam.

Loan Officers 389

Loan Officers Law Training Lending 389

Housing Wire

JANUARY 25, 2023

We have daily calls to give them ideas to go out and bring in business (…) Most people have more than 20 years of experience in mortgage. Covey plans to expand the company’s reach by targeting local and purchase markets through training and hiring top talent, he said in a previous interview with HousingWire. “If

Mortgage 366

Mortgage Loan Officers Retail Training 366

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. Ultimately, other banks received four times more loan applications each year in these minority neighborhoods than Washington Trust.

Advertising 444

Advertising Loan Officers Lending Training 444

Housing Wire

JUNE 14, 2024

Instead, originators must aggressively seek out innovative ways to serve borrowers and generate business in this challenging market. Bank statement HELOCs offer borrowers the flexibility to fund the endeavors that matter most to them, such as business ventures, home renovations, and other expenses.

Clients 446

Clients Business Renovations Development 446

Housing Wire

OCTOBER 1, 2024

Training for refinance preparedness : With potential market shifts on the horizon, organizations are investing in training loan officers to handle refinances effectively. With decades of industry experience, Sharon helps businesses strategically leverage quality control.

Marketing 373

Marketing Training Technology Loan Officers 373

Housing Wire

DECEMBER 9, 2022

Margin compression, higher mortgage rates, and a purchase-focused market are dictating more sales process control among loan officers and fewer layers of bureaucracy in retail lenders. The lender has broker products, including non-QMs and jumbo loans, he added. The lender originated a volume of $1.8 Hiring local, top talent.

Mortgage 435

Mortgage Retail Real Estate Agent Loan Officers 435

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. I have my business cards everywhere because the more people that see your cards and face, the better,” Naumovych said.

Marketing 417

Marketing Real Estate Agent Loan Officers Advertising 417

Housing Wire

JANUARY 10, 2024

In December, the National Multistate Licensing System (NMLS) showed that AmCap had more than 400 sponsored loan officers while CCM had over 4,000. Leonhardt said that AmCap employees will participate in a two-week training program at CCM, with the integration expected to be complete in 45 to 60 days. . billion in loans in 2023.

Retail 408

Retail Mortgage Loan Officers Training 408

Housing Wire

OCTOBER 10, 2022

We’ve right-sized areas of our business impacted the most by this volatile market, such as refinance, operations, training, and recruiting,” Lindsey LeBerth, the company’s director of communications, wrote in an email to HousingWire. “In According to the mortgage data platform Modex , Lower originated a total volume of $5.66

Retail 413

Retail Loan Officers Modernization Training 413