Housing Wire

SEPTEMBER 30, 2021

After downloading the mobile app, borrowers can upload documents, eSign disclosures and closing documents, and check their status in real-time. The solution keeps partners connected through the mobile app and automatically sends them loan milestone updates as their clients progress through the approval process.

Real Estate Agent 397

Real Estate Agent Modernization Project Management Training 397

Housing Wire

JULY 29, 2024

This requires lenders to conduct thorough training for their staff, update loan processing systems and carry out frequent audits to stay in line with the latest rules. Embracing technology: Several software solutions can simplify compliance by automating the handling of documents and keeping systems updated with the latest laws.

Mortgage 453

Mortgage Law Lending Training 453

Housing Wire

JULY 31, 2022

Solex includes all necessary components for any lender to move to full eClose where all documents in the package are executed electronically.”. Solex Orders is a solution designed for non-Docutech lenders to reap the benefits of eClosings without having to change document providers. Emily Shapiro, President, Docutech.

Technology 370

Technology Clients Agents Training 370

Housing Wire

OCTOBER 10, 2022

One of the more interesting trends is that some of our historically smaller clients are beginning to grow rapidly over the last 90-120 days, with some of the larger lenders stepping away or pricing themselves out of the market. Keeping client scope systematically hardcoded maintains the integrity of the underwriter’s review of the loan.

Mortgage 418

Mortgage Clients Training Valuation 418

Housing Wire

AUGUST 10, 2020

After a penetration test uncovered the vulnerability, First American misclassified the vulnerability’s risk, failed to properly investigate the vulnerability and the resulting exposed documents, and rejected the recommendations of its in-house cybersecurity team. Third, involve outside counsel when sensitive cybersecurity issues arise.

Training 370

Training Legal Mortgage Insurance 370

Housing Wire

OCTOBER 16, 2023

When asked how they were preparing for a worst-case scenario, such as a potential 30% loss of buy-side commissions , per a report done by Keefe, Bruyette & Woods , and an uncoupling of cooperation and compensation, brokers in the study say they are focusing on boosting their value proposition, listings and training.

Real Estate 448

Real Estate Brokerage Training Agents 448

Housing Wire

MAY 3, 2022

The solution to these rising threats — as is the case with most cyber-defense strategies, is proactive planning, oversight, and training. If the parting is on bad terms, it’s a far too common occurrence for ex-employees to access and take client contact lists or proprietary knowledge to another firm. Threats of data exfiltration.

Training 418

Training Business Tools Technology 418

Housing Wire

AUGUST 31, 2020

Finding an appraisal management software for real estate and commercial that works the way each individual lender does is difficult – usually resulting in time-consuming configurations, development work and training. Furthermore, when needs change, clients do not have to spend time or money on custom configurations.

Appraisal 397

Appraisal Training Real Estate Design 397

Housing Wire

OCTOBER 7, 2024

We have a dedicated team of compliance attorneys whose sole focus is monitoring and implementing changes as they come across and engaging with our clients when these rules are being proposed to ensure they are asking the right questions. We are now frequently using APIs to exchange data with our clients.

Clients 428

Clients Design Investors Technology 428

Housing Wire

MARCH 12, 2024

million to fund a training grant that would, in part, “enable specialized training that will prepare counselors to support expanded HECM counseling and to better understand property valuation bias so that they can effectively counsel clients on this topic,” according to congressional justifications for the budget.

Mortgage 456

Mortgage Insurance Training Government 456

Housing Wire

SEPTEMBER 18, 2024

Agent-to-agent referrals aren’t as commonly mentioned in most real estate lead generation training courses as cold calling or door knocking. Perhaps the client wishes to make a purchase that isn’t in the agent’s geographical area or their wheelhouse of expertise. What are the benefits of referrals? It’s a win-win!

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

JUNE 30, 2021

At UWM we focus on our client service, operational efficiency and speed to close loans. The no-cost solution allows brokers to submit applications, price out loans, eSign documents and helps make the experience smoother for borrowers and real estate agents. Jason Bressler, Chief Technology Officer.

Tools 321

Tools Training Technology Modernization 321

Housing Wire

JULY 3, 2024

Like any powerful tool, it is essential to install proper fundamentals such as training, testing, accountability and continuous improvement before implementing. The machine learning model can be supervised, the data used for training can be governed, and results can be tested and even explainable given the appropriate design.

Training 434

Training Tools Lending Valuation 434

Housing Wire

DECEMBER 4, 2024

The federal regulators that stamped their names on document include the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Board of Governors, the Federal Deposit Insurance Corp. These include effective governance and oversight, as well as employee training, to allow for quicker spotting of a potential instance of EFE.

Law 339

Law Design Insurance Training 339

Housing Wire

JUNE 2, 2022

An LO with a client at the closing table. The pool of non–QM loans today generally includes business owners, entrepreneurs, and self-employed people who don’t have traditional documentation, such as payroll income. As a result, non-QM borrowers rely on alternative documentation such as bank statements and assets.

Lending 397

Lending Investors Mortgage Technology 397

Housing Wire

MAY 9, 2024

In the homeownership journey, the consumer has a lot of conversations: they talk to a loan officer, they talk to a client experience specialist, they may talk to someone in the servicing experience. And so it allows us to deliver these incredibly bespoke client-specific experiences that deliver the next level of personalization.

Clients 395

Clients Technology Tools Loan Officers 395

Housing Wire

OCTOBER 3, 2023

This means the lazy real estate agents who provide very little value to their client can no longer just show up and know they will automatically get paid a percentage of the sales price just for writing a contract. Sadly, the understanding of the difference between a client and a customer is pitifully poor in our industry.

Agents 435

Agents Buyers Training Law 435

Housing Wire

JUNE 28, 2022

They are willing to drive change across their operations and work with advisors, like Falcon, to develop a roadmap to integrate digitalization into policies, processes, and training. Still, with purchases just as with refinances it’s the lender who drives eSignature of its documents, chief among them being the promissory note.

Mortgage 435

Mortgage Training Business Transportation 435

Housing Wire

FEBRUARY 22, 2024

According to the tech leader, “it feels like there’s a target on mortgages,” which makes sense considering the types of data and documents these companies deal with. Training their workforce is also crucial, they said. Reputational risk Mortgage companies, tech vendors and investors are taking steps to protect their systems.

Mortgage 482

Mortgage Supply Chain Investors Technology 482

Housing Wire

OCTOBER 19, 2023

If the broker brings us a client, Deephaven gets the loan across the finish line in partnership with that broker. For example, if you have a year of bank statements to review — if you actually have PDF documents, or if you were to print it, they average hundreds of pages for a 12-month set of bank statements for a business.

Technology 434

Technology Tools Investing Lending 434

Housing Wire

JUNE 5, 2024

Dan Vasquez, who leads the AI strategy at Rocket Mortgage , said the Detroit-based company believes that AI is a “great tool,” but it “doesn’t absolve you from the responsibility that you already hold in making decisions that impact the client.” Rocket is the third-largest mortgage lender in the U.S.,

Mortgage 459

Mortgage Loan Officers Technology Tools 459

Housing Wire

OCTOBER 18, 2023

Ketchmark also presented Keller (and the jury present in the courtroom) with a script from Keller Williams University that agents can use to explain and negotiate commissions with clients. I do believe training is essential.” In the script the agent responds: “Let me explain what happens when you reduce a commission.

Training 459

Training Agents Real Estate Real Estate Agent 459

Housing Wire

MAY 5, 2021

Title automation company DataTrace has announced an integration with SoftPro , a real estate closing and title software company, which will allow SoftPro users to access over 560 title plants, nationwide tax and recorded property data, and more than 7 billion document images.

Property Taxes 370

Property Taxes Tools Training Technology 370

Housing Wire

AUGUST 31, 2021

Outsourcing or hiring in-house compliance experts are no longer the only options for servicers who need help handling lien releases and assignment of mortgage documents. With PerfectDocs technology, virtually anyone can prepare, validate, execute, notarize and even record these documents with ease without sacrificing accuracy and expertise.

Mortgage 275

Mortgage Legal Training Technology 275

Housing Wire

JANUARY 27, 2023

After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 418

Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

MARCH 4, 2021

The lesson is not that title and settlement firms bear the responsibility for keeping their mortgage lender clients compliant in the eyes of various enforcement and regulatory elements. Third, are there documented training and self-enforcement mechanisms in place? That includes several strategic aspects.

Lending 448

Lending Law Loan Officers Clients 448

Housing Wire

APRIL 7, 2022

From understanding the importance of RON in the title industry and discovering the potential business benefits to learning how you can start offering RON closings to your clients, here’s the need-to-know info to get started. . RON is the notarization of a document completed 100% electronically. What is Remote Online Notarization?

Law 370

Law Technology Insurance Real Estate 370

Appraisal Buzz

DECEMBER 16, 2024

Theyre the ones pounding out the reports, meeting clients, answering phone calls, and ensuring deadlines are met. Think about it: If youre the primaryor onlyperson completing the appraisal work, managing client relations, and overseeing every aspect of the operation, youre essentially just wearing the title of business owner.

Business 221

Business Training Appraisal Clients 221

Housing Wire

SEPTEMBER 22, 2020

This is not a suggestion where you drop what you’re doing, push your production team into training and staff up the compliance department. Do you mandate training (regular, continuous and updated) on the basics like Dodd-Frank, Fair Lending and the most aggressive state-level rules and regulations?

Training 418

Training Lending Loan Officers Technology 418

Housing Wire

APRIL 25, 2024

The days of running back to the office to write a tricky email to a client, follow up with a lead, or post on social media are long gone — and they’re never coming back. It’s also an ideal tool for working with clients requiring the personal touch only video can provide.

Real Estate 466

Real Estate Agents Open Houses Tools 466

Housing Wire

OCTOBER 25, 2023

Ketchmark then discussed the agreements HomeServices franchisees have their clients sign. He also noted that he expects HomeServices agents to act as fiduciary to their clients and follow the NAR Code of Ethics. ” Ketchmark then moved on to the disclosure documents that show 6% to 10% and other figures on commissions.

Sellers 448

Sellers Realtors Agents Buyers 448

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. ” Jacobson added that, “As an originator, I would never sign that document. Why would anybody sign that document? ” Fairway, which did about $3.5

Real Estate Agent 397

Real Estate Agent Retail Real Estate Design 397

Housing Wire

NOVEMBER 16, 2023

As the Sitzer/Burnett case may well show, most listing agents are trained to steer their clients to offers that support this dynamic. Realtors are able to modify select provisions in the contract form as they negotiate on behalf of their clients. Talk about a conflict of interest.

Realtors 448

Realtors Contracts Real Estate Agents 448

Housing Wire

NOVEMBER 2, 2023

The population of entrepreneurs and gig economy workers is growing and the documentation requirements to qualify for a traditional loan present hurdles for this borrower base. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers. According to the U.S.

Investors 476

Investors Real Estate Lending Loan Officers 476

Housing Wire

MAY 15, 2023

Additionally, they deal with varied systems, timelines and documents, which can make the process cumbersome and time-consuming. Examples of our educational resources include comprehensive training and education programs created for brokers to stay up to date with the latest trends and best practices.

Technology 397

Technology Training Investing Mortgage 397

Housing Wire

MAY 18, 2021

It is no wonder then that, when asked, WFG’s lender clients and their borrowers identified training, collaboration, process efficiency and communication as the four major pain points they want to improve. Building an optimized process requires input from clients and partners. COLLABORATION.

Mortgage 245

Mortgage Training Clients Development 245

Housing Wire

MARCH 5, 2024

And then, we help buyers’ agents show their clients inventory that they otherwise did not know they could afford. As a result, the industry hasn’t been trained on the ins and outs of the assumptions. Additionally, some servicers still rely on fax machines and pen and paper for documentation in an assumption.

Mortgage 468

Mortgage Buyers Agents Real Estate Agent 468