Housing Wire

JANUARY 18, 2023

The California-based lender plans to increase its client base in the bank and credit union segment where Wells Fargo was most active, Abbie Tidmore, senior managing director and chief revenue officer, at Pennymac told HousingWire. It also plans to increase minority home lending through a special purpose credit program it launched last year.

Clients 459

Clients Investors Lending Mortgage 459

Housing Wire

JANUARY 12, 2023

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. In May, ICE announced that it entered into a definitive agreement to acquire Black Knight for $13.1

Mortgage 394

Mortgage Clients Technology Tools 394

Housing Wire

DECEMBER 21, 2021

According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry. With newer folks, there definitely is more uncertainty because if there is a squeeze, am I good enough to survive? Presented by: Black Knight. In 2020, hiring in the mortgage industry surged.

Loan Officers 468

Loan Officers Retail Business Mortgage 468

Housing Wire

APRIL 30, 2021

As the model by which some investor clients built their whole real estate businesses changes, brokers and correspondent partners need to stay focused on those customers by providing options and education that can help them navigate this shift and keep their businesses growing.

Investors 435

Investors Investing Retail Lending 435

Housing Wire

FEBRUARY 27, 2024

Mortgage lending businesses tend to place the greatest value on production-oriented LOs — and it shows in compensation formulas tuned in to new applications and new loans rather than customer retention and loyalty.

Finance 448

Finance Clients Technology Business 448

Housing Wire

FEBRUARY 12, 2024

And how can you confidently talk to clients and potential clients about their mortgage needs? Your conversations with clients should extend beyond mortgages. As much as I would love to have a definite answer, I don’t, and no one else does either. So how do you build that trust and credibility? Do they have kids?

Mortgage 482

Mortgage Clients Business Marketing 482

Housing Wire

MAY 17, 2023

Keith Lind, CEO of Acra Lending , which launched a fix and flip lending program last year, said there are a lot of “compounding issues” now facing investors in the space. “A A year ago, we were offering to lend 85% loan-to-cost or 90% loan-to-cost, and that’s down to like 75% loan-to-cost.

Finance 370

Finance Marketing Renovations Investors 370

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. What has definitely changed, as the market mix has shifted, is the interest in non-QM from traditional lenders and brokers. HousingWire: How is the shift from refi to purchase affecting the non-QM market? is just under 10 million, a 4.6%

Marketing 418

Marketing Investors Technology Loan Officers 418

Housing Wire

APRIL 26, 2023

This is honestly where good loan officers can really separate themselves,” Josh Burruss, executive vice president and chief lending officer of Intercoastal Mortgage , said. If a builder’s clients chooses to get a mortgage through a company that is on the builder’s preferred lender list, buyers are able to waive the closing cost.

Loan Officers 418

Loan Officers Mortgage Inventory Clients 418

Housing Wire

DECEMBER 10, 2021

Manish Valecha, head of client solutions at Angel Oak Capital, part of Angel Oak Companies, says the non-QM market “as a percentage of the overall market is about 10% to 12% in a normalized environment” — adding that was the size of the non-QM market in the early 2000s, prior to the global financial crisis.

Lending 497

Lending Finance Mortgage Government 497

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Eric Levin is EVP of Client Development at Model Match.

Mortgage 518

Mortgage Inventory Real Estate Technology 518

Housing Wire

APRIL 6, 2021

How hybrid title and valuations help increase lending efficiency. It was definitely a rush job! He wasted my client’s money. For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. But the most important thing is educating clients from day one.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

JANUARY 19, 2023

The Consumer Financial Protection Bureau (CFPB) has been active and outspoken over the last few years on its expectations and concerns on compliance issues related to equity and fairness in the lending process, such as redlining, appraisal bias and working with limited English proficiency borrowers, and other regulatory bodies have followed suit.

Lending 418

Lending Investors Investing Mortgage 418

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Just sold stories If your clients are willing to be featured on your socials, celebrate their sale. Readers are more likely to remember stories that evoke emotions.

Real Estate 435

Real Estate Agents Real Estate Agent Decorating 435

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. One of Dicker’s clients this past weekend backed out of a $295,000 houmese purchase in Michigan this past weekend. I don’t think it’s a win for anyone on the lending side.

Housing Market 468

Housing Market Marketing Brokerage Real Estate 468

Housing Wire

JUNE 10, 2021

It was projected in Q4 of 2020 that refinance volume would be cut in half in 2021 and we are definitely seeing the slowdown. These unique individuals know every aspect of non-QM because our main focus is on non-QM lending. We try to do the heavy lifting so our clients can focus on prospecting and closing deals.

Clients 397

Clients Business Investors Mortgage 397

Housing Wire

DECEMBER 13, 2022

The LOs and brokers who are truly passionate, who are great at what they do, will use this time to double down, hone their craft and become even better advisors to their clients. They will continue investing in new technologies and lending programs. The best time to lean into this business is when others are leaning out.

Technology 418

Technology Clients Real Estate Agent Business 418

Housing Wire

APRIL 18, 2024

Return to a ‘task force’ The original task force was co-founded in 2012 by Giordano and Security One Lending ’s Torrey Larsen. But by definition, a task force comes together for a specific goal, and then could lay low for a while until needed again. That’s what we want to continue to do.”

Loan Officers 459

Loan Officers Tools Mortgage Government 459

Housing Wire

JANUARY 18, 2023

So, it’s definitely not like selling a loan to a GSE (government-sponsored enterprise). That will be offset by stable insurance in force, driven by increased persistency — a percentage that indicates the number of clients that an insurance company retained, the credit rating agency said in a separate report.

Housing Market 476

Housing Market Marketing Insurance Mortgage 476

Appraisal Buzz

OCTOBER 4, 2021

Regio n s Bank has entered into a definitive agreement to acquire Sabal Capital Partners LLC , a diversified financial services firm that leverages a technology-driven origination and servicing platform to facilitate lending in the small-balance commercial real estate market for clients nationwide.

Real Estate 195

Real Estate Lending Technology Clients 195

Housing Wire

NOVEMBER 1, 2023

I was speaking to someone the other day who said, ‘If you’re in this business [mortgage lending], I can’t see a downside to a recession.’” These are the folks who are buying right now, and I you know because some of them are my clients.” So, the deals aren’t as attractive to sellers. …We’ll

Mortgage 468

Mortgage Loan Officers Finance Buyers 468

Housing Wire

DECEMBER 29, 2023

The second project I’m working on is having a mobile app where the the client can download the app and use it to take care of their transaction. I’m comfortable with lending there because I know I’m very familiar with the area. Thuan Nguyen , CEO of Loan Factory, Inc. . I have a lot of connections in Ohio.

Mortgage 476

Mortgage Loan Officers Inventory Business 476

Housing Wire

MARCH 15, 2024

David Peskin, formerly from Senior Lending Network and Reverse Mortgage Funding (RMF), has purchased an ownership stake in top 10 reverse mortgage lender HighTechLending (HTL) and will lead the company’s new pursuits alongside co-owner and COO Erika Macias. Peskin spoke to RMD about the move.

Loan Officers 448

Loan Officers Business Mortgage Clients 448

Appraisal Buzz

JUNE 7, 2021

Depending on the client’s needs, my work includes coaching, customized training, quality assurance, continuing education, disciplinary action assistance, internal audit, and other customized projects. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators.

Training 366

Training Reconsideration of Value Valuation Appraisal 366

Housing Wire

DECEMBER 6, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. Looking back, Summers is glad she encouraged her buyers to swap lenders.

Real Estate 370

Real Estate Real Estate Agent Clients Agents 370

Housing Wire

JULY 13, 2021

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. Another Guaranteed Rate joint venture partner was more combative.

Brokerage 305

Brokerage Real Estate Clients Agents 305

Housing Wire

JULY 24, 2024

It has definitely slowed,” said Cyndee Haydon , a Seminole-based agent for Future Home Realty. If they have those per-unit deductibles on the policy, if it is over 5%, then we can’t lend on the property because we can’t meet their exceptions. It can be a good time for some people to buy into the market right now,” Pithers said.

Inspection 488

Inspection Insurance Marketing HOA 488

Housing Wire

JUNE 30, 2021

“We provide title and closing services in all 50 states, and the broker works with the exact same client service team,” ServiceLink client relationship executive Nicole Blosch said. More than 50 years of title industry expertise gives ServiceLink unique insight into the needs of our wholesale clients. Brokers hate surprises.

Valuation 204

Valuation Client Relationships Inspection Clients 204

Housing Wire

APRIL 19, 2022

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. HMDA, Fair Lending etc.,” I think that the depositories are not as picky in making sure they are hiring LOs with mortgage lending experience.

Training 397

Training Loan Officers Lending Mortgage 397

Housing Wire

FEBRUARY 24, 2021

But we also must acknowledge that the core definition of any stimulus is to implement something that causes an immediate, short-term response. VL: Our mission at Propertybase is to empower real estate and lending professionals to grow their businesses through collaborative technology.

Real Estate Agent 368

Real Estate Agent Real Estate Agents Loan Officers 368

Housing Wire

OCTOBER 21, 2022

We have gone from so many offers on homes and not a lot of inventory to a slightly sleepier environment as people pause and figure out lending and what they can now afford with the decline in the stock market and rising interest rates,” said local agent Dana Green, team leader of the Compass-based Dana Green Team.

Marketing 370

Marketing Inventory Housing Market Agents 370

Housing Wire

FEBRUARY 3, 2025

In 2005, the client purchased a home in the Foxfield at Naamans Creek community in Garnet Valley, Penn. The judge cited the definition of first mortgage in Blacks Law Dictionary, which calls it a mortgage that has priority over another mortgage (a junior mortgage) on the same property. with a traditional mortgage.

Mortgage 296

Mortgage HOA Law Property Taxes 296

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

Mortgage 476

Mortgage Technology Investing Investors 476

Housing Wire

AUGUST 8, 2023

The shrinking jumbo market also reflects the broader market forces related to this product — banks have historically used jumbo loans as a means to attract high-income clients who have millions in deposits. And without much of a private label securitization market, they sell them through the correspondent lending channel.”

Insurance 370

Insurance Mortgage Lending Clients 370

Housing Wire

OCTOBER 7, 2022

RMBS market. “… Loans are actively sold to various investors in both whole loan sales and securitized transactions, depending on client appetite. These challenging circumstances led to results which overshadow the strength of our leading client franchises in all four divisions of the bank. this year through September. “The

Supply Chain 418

Supply Chain Mortgage Investors Business 418

Housing Wire

OCTOBER 4, 2024

Starting a career as a MLO can be lucrative if you’ve got the skills to consistently deliver value to your clients. Mortgage loan officers, also known as mortgage loan originators or lending officers, generally make salary-based income with commission. For the average homebuyer, taking out a mortgage is stressful.

Real Estate 448

Real Estate Loan Officers Tools Lending 448

Housing Wire

DECEMBER 23, 2022

Content ideas can also come from determining who your audience is and focusing on how those clients best like to receive information. Design your ideal client, the type of borrower you’d love to work with, and go from there. “If Instagram lends itself to posting both personal and business content. Balancing your content.

Loan Officers 369

Loan Officers Business Mortgage Clients 369