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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. “We We believe in being a true partner to our clients,” said John Hedlund, chief operating officer of AmeriHome.
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
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.
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.
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.
With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. By pioneering more non-traditional lending solutions, Deephaven is keeping pace with a housing market and workforce that is constantly evolving.
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
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. Calque is SOC2 compliant and only collects data required to make a backup offer on your client’s current home.
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.
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. We are excited about the future of Voxtur under Ryan Marshall’s leadership.
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
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.
It helps ensure fair real estate deals and simplifies mortgage lending by reducing risks of overvaluation. Technology can streamline processes while maintaining a focus on clientrelationships. Balancing automation with personalized service is key for an optimal customer experience in real estate.
You should be there to help take away any mystery in your client’s search for a new home and provide reassurance that they’re getting the best value. Help Get a Client Pre-Approved for Lending. Lastly, you want to solidify your clientrelationship by being there for them now and in the future. Recommend Vendors.
With over 30 years of experience in mortgage lending, Mike brings deep market knowledge and dedication to guiding clients through a seamless journey from application to close. Bart Swan, an experienced VA Loan Officer, will bring Assurance Financial’s renowned service to the new Florida branch in Niceville, FL.
The program, he said, stands as an “unambiguous statement that we understand and value those hard-won clientrelationships and have no intention of getting in between our brokers and their borrowers.”
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