Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. The true value of a buyer agent lies in their negotiating skills and existing relationships with listing agents. Most successful loan officers get their business from buyer agent referrals.

Buyers 412

Buyers Agents Real Estate Agent Loan Officers 412

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. The real estate agent works with the seller and a Guaranteed Rate loan officer to pay a fee and lock in the discounted rate for a buyer.

Sellers 433

Sellers Real Estate Agent Loan Officers Mortgage 433

Housing Wire

FEBRUARY 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. The past year has exposed a need for richer collaboration tools and better data that bring consumers, agents and loan officers together in one system to minimize work and increase transparency for everyone involved.

Real Estate Agent 273

Real Estate Agent Real Estate Agents Loan Officers 273

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Niche loans consist of about 5% of Parkinson’s business. “It’s What we’re seeing is just increased competition over every deal.

Loan Officers 411

Loan Officers Mortgage Inventory Clients 411

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. More education is really the only way to improve this situation.”.

Clients 402

Clients Agents Buyers Sellers 402

Housing Wire

JANUARY 25, 2024

A differentiating factor of our tech is that lots of point of sale systems are built to faciitate loan officers with the business they already have. While we do that, we’re also focused on driving new business — from new clients but also from the relationships they already have. It’s almost farm-to-table programming.

Loan Officers 385

Loan Officers Real Estate Agent Agents Technology 385

Housing Wire

AUGUST 17, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. These clients have either made money in cryptocurrency and are spending it on a home, the agent explained, or see the rapidly escalating real estate market as another hot investment.

Housing Market 396

Housing Market Real Estate Agent Marketing Real Estate 396

Housing Wire

JUNE 20, 2024

The bridge loan estimate is being integrated into the lender’s workflow through an Encompass plugin. NFM loan officers will be automatically notified when a homeowner can tap into the equity of their current home to buy a new one before selling.

Lending 413

Lending Loan Officers Real Estate Agent Real Estate 413

Housing Wire

FEBRUARY 22, 2023

The relationship between a loan officer and a real estate agent is one of the most important pieces of the puzzle, as the two must combine forces to help borrowers achieve their goal of buying a home. And, clients will be happier with the experience.

Real Estate 379

Real Estate Real Estate Agent Loan Officers Agents 379

Housing Wire

NOVEMBER 28, 2023

The savvy real estate agents and loan officers see this not a crisis but a golden opportunity. This is a call to arms for real estate agents and loan officers ready to seize the day. Your clients need a guide, and you are poised to be that guiding light.

Real Estate 313

Real Estate Real Estate Agent Loan Officers Clients 313

Housing Wire

AUGUST 14, 2024

“As you talk to more people across all aspects of our business, from the loan officers to the consumer to real estate agents, everybody is eagerly excited for what’s coming,” Sheinin said. This brought up the timeline to refinance sooner as rates for a 15-year mortgage are lower.

Business 415

Business Mortgage Loan Officers Clients 415

Housing Wire

SEPTEMBER 27, 2024

In a recent episode of “The Loan Officer Podcast,” host Dustin Owen and guest John Coleman explore key tips that all aspiring real estate agents should know when navigating mortgage financing for a potential client.

Finance 360

Finance Agents Mortgage Loan Officers 360

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

SEPTEMBER 11, 2023

The lender has about 80 loan officers and aims to hire up to 100 in states. Cliffco’s proprietary CRM platform enables loan officers to break away from being heavily dependent on real estate agents for referrals. But the client gets to benefit from that.”

Loan Officers 389

Loan Officers Agents Retail Technology 389

Housing Wire

JANUARY 17, 2023

“The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A These hopes for a declining rate have many loan officers feeling optimistic about 2023’s business prospects after experiencing lower volumes last year. A 5% market will be good. Make a plan.

Loan Officers 366

Loan Officers Marketing Real Estate Agent Real Estate 366

Housing Wire

MARCH 31, 2023

The goal of the new BPD AI Assistant is to improve customer satisfaction, lead generation, and operational efficiency for Big Purple Dot’s clients using AI-powered technology , the company said. The integration is currently available for all Big Purple Dot clients, including beta clients on the BPD Recruit platform, the company said.

Real Estate Agent 353

Real Estate Agent Clients Real Estate Loan Officers 353

Housing Wire

NOVEMBER 23, 2022

Erica Davis, Guild Mortgage loan originator and home buyer. Rocket Mortgage has also launched a lender-funded 1-0 rate buydown, dubbed the “inflation buster” program, as well as a seller- or real estate agent-funded 1-0 rate buydown from its wholesale arm Rocket Pro TPO.

Buyers 492

Buyers Marketing Sellers Loan Officers 492

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian’s comments offer insight into the scope of Rocket’s remote local loan officer program. I know Rocket Homes has been happy to see it.

Loan Officers 336

Loan Officers Mortgage Real Estate Agent Real Estate 336

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 398

Buyers Agents Loan Officers Real Estate 398

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 384

Lending Real Estate Agent Loan Officers Retail 384

Housing Wire

FEBRUARY 14, 2024

The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. It also arms the borrower’s real estate agent with a more powerful offer to win their client’s next property.

Buyers 388

Buyers Loan Officers Real Estate Agent Agents 388

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. However, Davis’ relationship with the agent turned sour and she has not yet been able to develop relationships with other agents.

Marketing 406

Marketing Real Estate Agent Loan Officers Advertising 406

Housing Wire

SEPTEMBER 20, 2023

“This unique technology will help our clients reduce costs, which is especially important today as verification-related fees increased significantly in the past three years,” said Sofia Rossato, Floify’s president and general manager.

Technology 373

Technology Real Estate Agent Loan Officers Clients 373

Housing Wire

FEBRUARY 9, 2023

“That’s the bullseye, it’s not just getting someone’s Social Security number so you can run a credit report and approve them for a loan. The loan officers that do the best are the financial literacy teachers.” Plus,] you’ll get good at having a critical conversation that loan officers should be able to have.”

Loan Officers 361

Loan Officers Real Estate Agent Real Estate Clients 361

Housing Wire

MARCH 22, 2023

Homebot , a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance , a mobile app for first-time homebuyers. Quo’s team, led by co-founders Tucker Hass and Neel Yerneni, will join Homebot. Quo raised $7.2

Finance 317

Finance Real Estate Agent Loan Officers Legal 317

Housing Wire

MAY 8, 2024

Because of an apparent error made by staff at ICE Mortgage Technology ‘s Surefire customer relationship management (CRM) platform, more than 600,000 emails and texts were sent without permission to real estate agents, business partners and past clients of loan officers around the country.

Clients 366

Clients Real Estate Agent Technology Loan Officers 366

Housing Wire

JANUARY 17, 2024

2 However, these potential clients will also face challenges — namely market volatility, unpredictable interest rates and limited purchasing power due to increasing debt. That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. “We

Finance 450

Finance Real Estate Agent Real Estate Insurance 450

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. And Rocket is well aware.

Loan Officers 347

Loan Officers Retail Real Estate Agent Real Estate 347

Housing Wire

DECEMBER 27, 2022

With a huge increase in remote work and his core group of clients buying homes across the country – whether it be vacation homes, more affordable areas, or for new work opportunities – Banosian was at risk of losing clients when they went to states his team wasn’t operating in. “As Or will soon.

Housing Market 496

Housing Market Marketing Real Estate Agent Real Estate 496

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Is it having a happy client who will be a great reference? This is how they make that happen.

Real Estate Agent 329

Real Estate Agent Real Estate Project Management Agents 329

Housing Wire

APRIL 5, 2021

” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. “I had one client in St.

Buyers 459

Buyers Real Estate Agent Real Estate Brokerage 459

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. Fahad Janvekar, a loan officer at Fairway Independent Mortgage.

Real Estate 352

Real Estate Real Estate Agent Clients Agents 352

Housing Wire

SEPTEMBER 30, 2021

Borrowers, loan officers, and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is designed to deliver value to both borrowers and lenders–”from the point of thought of buying a house to the point of owning a home.” .

Loan Officers 299

Loan Officers Architecture Real Estate Agent Clients 299

Housing Wire

JANUARY 13, 2025

By recruiting top talent and building meaningful partnerships, we can create seamless connections between forward and reverse channels, empowering both our loan officers and clients.

Mortgage 268

Mortgage Loan Officers Real Estate Agent Business 268

Housing Wire

OCTOBER 7, 2022

” Our real estate agent and mortgage lending partners experience a strong ROI, generating leads by engaging with consumers through unique and compelling information based on data. HW: How can real estate agents and loan officers collaborate to foster strong relationships with clients despite rising rates?

Housing Market 341

Housing Market Real Estate Agent Marketing Real Estate 341

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 437

Business Mortgage Loan Officers Inventory 437