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On Monday, the company announced the addition of two artificial intelligence-powered assistants to help real estate investors and mortgage brokers. Harvey will assist real estate investors while Donna is for mortgage brokers. “Real estate investors operate in a fast-moving environment.
In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients.
Most lenders focus on offering traditional mortgage loans to clients, choosing to shy away from unconventional options in the market. The Charlotte-based company provides tools and training resources for mortgage loan originators looking to impact the market. How are real estate investors responding? These loans go up to $2.5
Risk Mitigation Strategies Diversifying our client base and loan portfolio helps mitigate risk in the face of economic fluctuations. Maintaining a strong focus on customer service and borrower support helps build trust and loyalty, ensuring long-term stability for LoanCare and our clients. Next year] will be no different for us.
You can network and build community with other agents worldwide, keep up-to-date on the latest industry trends, stay motivated when you’re feeling discouraged, learn directly from some of the top real estate leaders, and even potentially find new clients! Use these groups to find homes for picky buyers or find deals for your investorclients.
As one of the largest correspondent investors in the country, AmeriHome is focused on being a consistent, reliable partner to its clients. We believe in being a true partner to our clients,” said John Hedlund, chief operating officer of AmeriHome. “We They also moved their client symposium to a virtual format.
This strategy gives lenders room to market offerings such as credit cards, auto loans, and depository accounts to clients with that theyre already connected with. Revenue can also skyrocket, as well-trained staff with the right servicing software can service 700 or more loans individually.
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. Deephaven offers great, hands-on training that quickly gets brokers comfortable with the process and submitting loans. Shelly Griffin, Senior Vice President, Client Development.
I think they’re inviting a class-action lawsuit by sellers who get hurt in this very concentrated effort and maybe a visit from the Department of Justice , Leo Pareja , the CEO of eXp Realty , said recently on his firms fourth-quarter 2024 earnings call with investors. Pareja isnt the only executive who feels this way.
Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. When you buy through our links, we may earn a commission. So, where do you start? Why send a regular real estate newsletter?
Attracting clients vs. chasing clients. Its a brilliant handbook on how to have the hard conversations with clients; my biggest takeaway was giving up Im here to save the day and fix your problems and replacing that with empowering clients to make (and own) their best choices. Partnering with charities and hosting events!
The complexities of serving borrowers under the CARES Act require lenders, servicers and investors to partner with a mortgage services provider who has the expertise and national network to provide high-touch support to its clients. Our clients have a moratorium on evictions, so we are not actively pursuing these opportunities.
In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We Third, Compass agents have doubled down on training to help them better communicate their value proposition.
“That created inefficiencies so that one couldn’t send trains across borders,” Bowler said in an interview with HousingWire in Las Vegas during the recent ICE Experience 2025 event. And that’s where we’re trying to meet our clients in the middle. meter gauge. How is ICE prioritizing this work?
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.
She believes the onus is on agents to “show up” for clients and communities rather than merely “showing off” past successes. HW: How important is it to educate clients about the “new normal” in residential real estate post-August 17? How do you recommend agents communicate these changes?
I am extremely pleased with our results this quarter and am looking forward to navigating the changes ahead from a position of strength,” Real CEO Tamir Poleg told investors and analysts during the firm’s Q1 2024 earnings call Tuesday morning. billion and an 88% year-over-year increase. “I
The Guide is the foundation for clients to originate, deliver and service Freddie Mac loans. By integrating it with Servicing Gateway, users are now able to access policies and training related to their tasks or transactions, resulting in faster processing. And there is data to back up that claim. Ken Burke, VP, Servicing Operations.
Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. Reputational risk Mortgage companies, tech vendors and investors are taking steps to protect their systems. Training their workforce is also crucial, they said.
Meanwhile, servicing management has never been busier trying to implement these programs cost-effectively and compliantly while facing significant headwinds addressing the servicing standards set forth by the investor community—whether that be FHA , related entities, or private investors.
As for investors, the GSEs were pretty much the only ones accepting eNotes. The landscape of investors accepting eClosed loans and eMortgages has grown exponentially. Some clients want to do all of these things and want them done yesterday. There was not yet a program for securitizing government loans. But this is all changing.
Analyzing Comps can be a pain point for both the client and the appraiser. CoreLogic’s QuickSource levels the field providing visibility and allowing the appraiser to shorten turn times by anticipating and addressing the clients’ questions before they even come up. Professional of Product Solutions.
We can expect GSEs and investors to be looking more closely at loans originated during this time-period. With the rapidly changing environment, we recommend partnering with tech-enabled and trained experts that handle QC across many lenders as it means they understand and see the landscape to provide the best enterprise loan quality service.
We pivoted to virtual summit attendance and increased webinars, White Papers, certification training, amicus brief participation, and CLEs. I look forward to more client on-site training opportunities, fun marketing events, summits, and aggressively staying ahead of everyone else in educational and training needs.”
So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? They can be, in essence, the “boots on the ground” for investors and developers alike. Market conditions have certainly trended downward for residential or commercial real estate.
CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The data can also be accessed via an API, in bulk data, or through a dynamic web application.
Non-QM borrowers such as those who are self-employed and real estate investors are generally less rate sensitive. In fact, a growing focus is the real estate investor population. with 85% owned by individual investors and LLCs based on 2021 U.S. The reasons for the success of non-QM lies partly in the composition of borrowers.
“The combination of our technology platform and Rocket Cloud Force of highly trained professionals, continues to deliver scalability and a client experience that is unmatched,” CEO Jay Farner said in a statement Thursday. And revenue was $4 billion, well above the $2.1 billion in the first quarter of 2020. 31, 2020.
The pandemic has brought to the surface the glaring inefficiencies – limited trained staff, multiple claims systems, inefficient manual processes – and (unnecessary) financial costs that have plagued the claims servicing process for decades. HousingWire: What are some key challenges servicers are currently facing regarding mortgage claims?
As Chief Strategy Officer at Mortgage Capital Trading , Leslie Winick has harnessed her industry experience to help lead new technology innovations and industry-leading support that allowed MCT to continue to meet client needs despite the volatility of the past year. Some examples include expert, third party training (e.g.,
The bottom line though is the fact that non-QM is not going away because there will always be non-QM borrowers such as self-employed and real estate investors who don’t qualify under Agency guidelines. We have trained originators on non-QM while they closed their first non-QM loan.
This powerful combination expands the reach of real estate listings to a global audience, attracting international buyers and investors. Interactive virtual tours In contrast, interactive virtual tours offer a highly engaging and immersive experience for clients. VR will also allow agents to complete safety and compliance training.
Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. Send this letter to apartment complexes and past rental clients you’ve worked with.
Whether additional volume comes from an uptick in foreclosure activity or onboarding new clients, we have vendors that are hungry for it.”. The primary job is to make sure a property is secure, safe and weather-tight, so Safeguard trains its contractor base on those scripts and works to ensure those questions are included in its mobile app.
An LO with a client at the closing table. Investors will have to figure out what the pricing eligibility requirements are, you’ll have to bend backwards to integrate that into your pipeline. Underwriters are trained as desktop underwriters (DUs). It’s a nontraditional product to serve more clients. Scaling is hard.”.
RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. These training materials highlight four items RE/MAX believes agents and brokers should be focusing on right now.
.” In a webinar last week with NAR’s Deputy General Counsel Lesley Muchow, she notes that if the plaintiffs are successful, “We will be forced back into the 19th century or what we see as the Wild West where unscrupulous people can regularly defraud clients. ” What’s at stake?
Additionally, modern mortgage servicing software and Application Programming Interfaces (APIs) automate investor reporting and compliance and create a more efficient workflow, effectively allowing servicers to service loans in-house to maximize their advantages.
Here, we summarize the real estate software programs that help you capture leads, organize data and connect with clients more effectively — in a year that promises to be anything but typical. This combination is highly effective for agents needing to keep track of the latest MLS listings and manage client relationships efficiently.
The Kahane & Associates team is dedicated to finding innovative ways to assist its clients in significantly reducing the costs of default servicing. The primary goal of the firm is to provide clients with the highest quality legal representation and the finest in personal service in the industry.
Thus, keeping abreast of regulatory and investor updates and trends is vital to maintaining loan quality and compliance. From our clients’ perspective, many felt that the writing was on the wall, so to speak, in terms of Fannie Mae’s expectations. The most significant issue we heard from clients was the timing of the change.
I have always been fascinated with that side of the medical field — where highly trained and skilled individuals make critical, often life-saving decisions and then follow through on those decisions with technical procedures and precise movements. HW Media : If you could pick a different career path, what would it be?
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.
eVaults also support an enhanced customer experience for borrowers and streamline interactions with other participants — warehouse lenders, investors, servicers, etc. eNotes and eVaults deliver operational and cost efficiencies for originators, warehouse lenders, investors, custodians and trustees. within the mortgage ecosystem.
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