Housing Wire

MARCH 30, 2023

Tech advancements in the broker space, which caught up to retail lenders ‘ levels, were another factor that helped him make the transition. “I think maybe if you look back a few years, the broker space from a technology perspective was lacking, but has really caught up to where retail was (…). How big is the company?

Mortgage 403

Mortgage Retail Loan Officers Brokerage 403

Housing Wire

SEPTEMBER 22, 2023

But somebody has to replace the Fed, and the Fed is not an economic buyer. So they are a policy buyer. They may require wider spreads than the Fed because the Fed is not an economic buyer. The servicing side of the business is doing very well because those loans are simply not going to prepay for a long time.

Housing Market 460

Housing Market Marketing Buyers Investors 460

Housing Wire

MAY 12, 2022

Inventory is contracting. Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack.

Lending 368

Lending Marketing Technology Contracts 368

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. However, they are hampered by comparatively poor technology and the slow speed at which they can close a loan, analysts said.

Mortgage 525

Mortgage Marketing Retail Lending 525

Housing Wire

DECEMBER 29, 2023

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.”

Mortgage 460

Mortgage Loan Officers Inventory Business 460

Genworth MI Blog

JANUARY 24, 2019

What that really means is that traditional methods of mortgage fraud are becoming more difficult to commit, especially with improvements in technology and verification of borrower information. Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud.

Loan Officers 78

Loan Officers Mortgage Buyers Real Estate Agent 78

Cornerstone

APRIL 2, 2021

Mortgage rates reached new lows multiple times, and buyers took advantage of this surge in affordability by snapping up available houses. Buyer activity remains high , and low inventory continues to pose a problem. Buyer activity remains high , and low inventory continues to pose a problem. Want to move faster?

Decorating 41

Decorating Buyers Sellers Loan Officers 41

Housing Wire

JUNE 15, 2022

Lenders, loan officers and economists who spoke to HousingWire this week said that the current volatility in the markets will reduce originations even further in 2022, bringing additional rounds of layoffs. “So, it’s helped first-time homebuyers who are competing against all-cash buyers or corporate buyers.”

Mortgage 388

Mortgage Investors Clients Marketing 388

Genworth MI Blog

JANUARY 24, 2019

What that really means is that traditional methods of mortgage fraud are becoming more difficult to commit, especially with improvements in technology and verification of borrower information. Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud.

Loan Officers 60

Loan Officers Mortgage Buyers Real Estate Agent 60

Cornerstone

JULY 1, 2021

Here’s an overview of why selling your house now may be optimal: Because inventory is so tight and demand is so high, buyers are competing for limited listings as homes fly off the market. Housing inventory still sits far below the six-month supply threshold required to uphold a healthy market.* Got questions?

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61

Cornerstone

JUNE 8, 2021

The demands of these buyers give sellers enormous leverage. To provide an example, if you sell your home right now, you’re giving a buyer the chance to secure today’s record-low mortgage rates. No need to overinvest in upgrades that a buyer may decide to improve again anyway. Homeowners aren’t sure how long it’ll take to close.

Marketing 46

Marketing Sellers Renovations Loan Officers 46

Housing Wire

DECEMBER 11, 2023

The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. Buyers want to know that they will be able to get a low mortgage rate when they lock in a rate.

Mortgage 468

Mortgage Buyers Inventory Technology 468

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. Partner with a local loan officer who has the tried-and-tested technology to help you and your clients move fast. Find a loan officer who cares as much as you do.

Clients 62

Clients Sellers Loan Officers Real Estate 62

Housing Wire

MARCH 25, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors.

Brokerage 417

Brokerage Agents Real Estate Agent Real Estate 417

Housing Wire

MAY 24, 2022

Multiple crops per year: Move-up buyers and refinancing. For starters, there will be fewer of us — loan officers, banks, brokers. Technology, artificial intelligence (AI) and possibly cryptocurrency will change the transaction. There will be more loans than we can efficiently process for years.

Mortgage 441

Mortgage Real Estate Agent Business Loan Officers 441

Assurance Financial

APRIL 15, 2024

More and more buyers are choosing Atlanta for a few key reasons — the robust housing market offers a dependable and secure entry point into the city’s many lifestyle and economic opportunities. Atlanta is a thriving city in the northwestern corner of Georgia and one of the most affordable major cities in the United States.

Logistics 36

Logistics Housing Market Investing Loan Officers 36

Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. Competence comes with knowledge and experience, but it also requires you to possess specific skills, technology, and abilities. The 30-year fixed mortgage rate decreased to 7.21

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Appraisal Contracts Business Construction 83

Appraisal Today

OCTOBER 14, 2022

Today, while there still remains some stickiness to the QC revision process, a recent survey completed by The STRATMOR Group commissioned by appraisal management technology company Reggora, indicates 25% of appraisal reports require some form of revision. Inventory levels have an impact on property valuation, at least in the short term.

Appraisal 52

Appraisal Insurance Real Estate Business 52