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As one of the largest correspondent investors in the country, AmeriHome is focused on being a consistent, reliable partner to its clients. In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions.
The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5 With the rise of private lending comes an increase in competition, from new and traditional lenders.
Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Production declined 25% to $5.49 billion in 2022 from the previous year’s volume of $7.29
Back in 2008, an artificial housing bubble burst due to reckless mortgage lending and speculative buying, leading to widespread foreclosures and a dramatic drop in home prices. Staying in consistent touch with clients, lenders, contractors, and other industry professionals can enhance service offerings and strengthen clientrelationships.
HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. DB: Warehouse lending has evolved beyond traditional boundaries.
Servicer, and REO and asset management services provider adds 20-plus year veteran to manage clientrelationships, create lending policies and procedures, and supervise loan management and marketing. The post BSI Names Kelli Yarbrough SVP, Chief Lending Officer appeared first on DSNews.
With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. On the other hand, they’re often worried it may be difficult to learn how to broker non-QM,” said Shelly Griffin, Senior Vice President of Client Development.
It ensures team members understand their duties and responsibilities, helps build quality clientrelationships and creates a positive work environment. This is how lenders can exceed their customers’ expectations, deliver better borrowing experiences and cultivate stronger relationships within their client base.
trillion in origination volume and a continuation of tight lending spreads. Then, by late Q1/early Q2 2021, pricing wars were erupting in various channels, margins were falling (rapidly), and the industry was getting ready for a decrease in lending activity in the back half of the year. Entering 2020 the market was expecting <$2.0
Historically, though, professionals let their clients go after the transaction is complete rather than building a moat around the client that assures future transactions. The newest prop tech applications to moat the clientrelationship are home management tools. Give customers one place to manage their home.
“We provide title and closing services in all 50 states, and the broker works with the exact same client service team,” ServiceLink clientrelationship executive Nicole Blosch said. More than 50 years of title industry expertise gives ServiceLink unique insight into the needs of our wholesale clients.
A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. Next, ask potential BBYS vendors how they collect, retain, and safeguard your clients’ data.
Voxtur Analytics Corporation CEO Ryan Marshall Voxtur Analytics Corporation , a technology company creating a more transparent and accessible real estate lending ecosystem, has named Ryan Marshall to the role of CEO. Throughout his tenured career, Marshall has garnered a wealth of experience within the U.S.
Ryan Marshall is the new CEO for Voxtur Analytics , which offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. He has strong clientrelationships and valuable experience in mortgage technology.” “I
This efficiency enhances the overall lending process, allowing LOs to accelerate their workflow and reduce the time it takes to close deals. Borrowers are more likely to appreciate the speed and efficiency of an LO who can promptly guide them through the lending journey.
Without accounting for your real estate clients’ common needs and expectations , you might be underperforming and risk losing their business. Here are nine things your real estate clients are expecting from you as their real estate professional: 1. So, take the appropriate steps to ensure your clients don’t feel ignored.
This streamlined structure offers loan officers direct access to leadership, allowing for seamless approvals and tailored solutions that meet clients’ unique needs. Assurance’s agility enables its team to serve clients efficiently, build strong relationships, and deliver a high level of personalized service.
If a new broker becomes aware that the company will not solicit their borrowers, it allows for a more productive relationship on both sides, Pistone explained. What our wholesale clients wanted to know was, if they align with our brand, are they going to lose relationships when those borrowers later refinance or move?”
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