Housing Wire

SEPTEMBER 20, 2024

“There are a lot of other groups that are amazing and do a lot, but I am a loan officer, and I’m in those meetings and I’m taking client calls in between. Katie [Sweeney] is a consumer and we’re bringing that perspective, and I think that is helpful as well.”

Law 459

Law Loan Officers Design Mortgage 459

Housing Wire

AUGUST 20, 2024

The federal funds rate has remained unchanged since July 2023, the last in a series of hikes designed to rein in 40-year high inflation. Earlier this month, some loan officers reported pricing in the high-5% to low-6% range on government loans and in the mid-6s for conventional loans.

Mortgage 468

Mortgage Loan Officers Buyers Realtors 468

Housing Wire

JUNE 24, 2021

Panelists: Jake Fehling, Vice President of Marketing, Movement Keosha Burns, Executive Director, Chase Teressa Lurk, Vice President of Marketing and Design Mortgage Bankers Association Sarah Wheeler, Editor in Chief, HousingWire. Panelists: Scott Betley, Loan Officer, NFM Lending Brena Nath, Managing Editor, HousingWire.

Loan Officers 395

Loan Officers Lending Finance Business 395

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Borrowers were not comfortable turning over their credentials to loan officers or processors.

Technology 476

Technology Mortgage Investors Investing 476

Housing Wire

MAY 25, 2022

Between significantly fewer refinances, rising mortgage rates and housing inventory nearly cut in half since 2020, loan officers (LOs) and brokers face a pivotal time where adaptation is a must for success. As government regulations constantly shift, keeping on top of and adhering to these changes can become a time-consuming task.

Lending 418

Lending Investing Loan Officers Design 418

Housing Wire

NOVEMBER 29, 2021

Government-sponsored enterprises Fannie Mae and Freddie Mac , along with Ginnie Mae , collectively known as the agency market, account for the balance of residential mortgage-back security (RMBS) issuances. Despite limited employment growth, about 25,000 openings for loan officers are projected each year, on average, over the decade.

Loan Officers 488

Loan Officers Supply Chain Mortgage Marketing 488

Housing Wire

NOVEMBER 7, 2023

Potter added: “Government lending would come to a halt. Buyers working with an agent or directly with a listing agent may need to figure out a way to negotiate these costs into the mortgage to reduce their down payments, said David Marden , designated managing broker at Hausmarkt.

Agents 482

Agents Sellers Buyers Finance 482

Housing Wire

FEBRUARY 11, 2021

Tai Christensen, CBC Mortgage Agency’ s director of government affairs, will join other housing luminaries to discuss how lenders can increase their diversity to impact minority homeownership at HousingWire’s Spring Summit on March 4.

Loan Officers 317

Loan Officers Real Estate Technology Mortgage 317

Housing Wire

OCTOBER 4, 2024

That’s where a mortgage loan officer (MLO) comes in. Mortgage loan officers, also known as mortgage loan originators or lending officers, generally make salary-based income with commission. The exam is designed to test your understanding of what you studied in class.

Real Estate 448

Real Estate Loan Officers Tools Lending 448

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Borrowers and loan officers want and need remote capability to maintain social distancing and continue to transact business,” Madocks said.

Business 505

Business Law Real Estate Investors 505

Housing Wire

JULY 3, 2024

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. The accuracy just isn’t there yet to fulfill the trust and confidence needed to make the loan process safe and consistent for the consumer without a human in the loop.

Training 435

Training Tools Lending Valuation 435

Housing Wire

SEPTEMBER 14, 2023

“We would partner with banks to buy their loans and securitize them so the banks could recycle their capital.” Through Aspire, Redwood plans to directly originate HEIs by leveraging the company’s nationwide correspondent network of loan officers and establishing direct-to-consumer origination channels, the company said.

Investors 418

Investors Investing Mortgage Real Estate 418

Appraisal Today

SEPTEMBER 15, 2023

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. 2023) Updated August 2, 2023 Excerpts: Fannie Mae and Freddie Mac (government sponsored enterprises or GSEs) published their Appraiser Independence Requirements in October 2010. The volumetry is always in continuous movement.

Appraisal 90

Appraisal Real Estate Agent Contracts Real Estate 90

Assurance Financial

APRIL 29, 2021

If you are interested in a VA loan, your certificate of eligibility will verify that you are eligible for the loan. The federal government issues the certificate. Conforming Loan. A conforming loan meets the requirements set by Freddie Mac and Fannie Mae, two government-sponsored organizations that buy mortgages.

Mortgage 69

Mortgage Insurance Inspection Sellers 69

Assurance Financial

JULY 27, 2021

When shopping for a home, it’s just as important to make a list of things you’d like from your mortgage — including the length of the loan, the interest rate and the repayment terms. Some home loans are designed for people who meet specific criteria, and others for people who might not qualify for another type of loan.

Mortgage 69

Mortgage Government Construction Insurance 69

Assurance Financial

JULY 23, 2021

If you meet certain requirements, you might qualify for a conventional loan with just a 3% down payment. Certain mortgage programs, particularly government-backed loan programs, let you get a home loan with much less than 20% down, too. USDA Rural Development and VA loans accept 0% down. Track Your Credit Score.

Mortgage 74

Mortgage Real Estate Agent Loan Officers Government 74

PennyMac

SEPTEMBER 12, 2024

Loan Types and Terms You can opt for the reliable stability of a fixed rate or the potentially lower initial payments with an adjustable-rate mortgage (ARM). Conventional loan programs versus government-backed ones (FHA, VA) offer different benefits to weigh. Government-backed loans reserved for U.S.

Buyers 36

Buyers Finance Home Improvement Renovations 36

PennyMac

NOVEMBER 29, 2022

Your loan officer or real estate agent can be a valuable resource to find some of these local assistance programs to help with your first home loan. Unlike a loan, grants are money given to you by an organization or government that won’t need to be repaid. Government Loans. Closing assistance.

Government 36

Government Mortgage Finance Design 36

PennyMac

JULY 25, 2022

Conventional Loan. Conventional loans by definition are loans that are not backed or insured by any government entity. They are funded by a private lending institution and then typically sold to a government-sponsored entity such as Fannie Mae or Freddie Mac. And more importantly, which one is right for you?

Insurance 36

Insurance Government Investing Mortgage 36

Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? If it appears to a VA appraiser that the appraised value of a property is going to come in below the pending sales price, the appraiser must contact the designated point of contact (POC) party that is specified in the appraisal order. Was it the borrower? A Zillow Zestimate?

Reconsideration of Value 82

Reconsideration of Value Appraisal Real Estate Insurance 82

Assurance Financial

NOVEMBER 28, 2023

Local governments assess property taxes to fund public services like schools, fire and police departments and the public works departments that maintain municipal infrastructure. The government requires these taxes annually, but homeowners typically pay them in monthly installments as part of their mortgage payments.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Appraisal Today

OCTOBER 21, 2022

it has nailed what’s going on with the ongoing denigration of appraisers by Government Agencies, FNMA, HUD & so on. My comments: The video presentation is a bit “over the top,” but the two guys have been doing these videos for many years, focusing on mortgage brokers and loan officers.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

PennyMac

SEPTEMBER 9, 2020

From low- or no-down payment options for great mortgage interest rates to help with closing costs, there are numerous government programs and nonprofits that support and give back to veterans as well as individuals currently serving in the military. VA Loans are guaranteed by the U.S. Home Buying Help For Military Members and Veterans.

Insurance 36

Insurance Buyers Mortgage Human Resources 36

PennyMac

AUGUST 31, 2024

A real estate escrow account, also called a pre-closing escrow account, is held by third-party entities separate from the buyer and the seller; it’s designed to protect the interests of both. This document is usually issued by a local government agency, such as your city’s building department.

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

AmeriMac

MARCH 29, 2024

The reverse mortgage process typically begins with a borrower contacting a loan officer who specializes in reverse mortgages. The loan officer will assess the homeowner’s eligibility and explain the details of the loan, including the potential loan amount and repayment terms.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Appraisal Today

AUGUST 13, 2023

Here’s another thought for you to ponder: HUD, a governmental agency, is attacking appraisers who do their work per the guidelines established by two “quasi-governmental entities”, the two GSE’s, and two other government agencies, HUD/FHA, plus the VA. government debt rating. Do you understand the absurdity of this? “The

Appraisal 83

Appraisal Contracts Real Estate Agent Real Estate 83

Housing Wire

FEBRUARY 7, 2022

In California’s Contra Costa County, where the median home listing price is now $749,000, a loan officer priced a loan for a potential borrower with less-than-perfect credit, who had found a listing for $650,000. And although Fudge has repeatedly vowed to bring banks back to FHA, recent policy moves could drive them away.

Modernization 370

Modernization Insurance Lending Mortgage 370

Housing Wire

JANUARY 22, 2025

Republicans have taken the lead in both chambers and in the White House a government trifecta delivered to them by voters in the 2024 general election. The primary focus is on deregulation, but Scott also mentioned legislation he introduced last year that is designed to address national issues of housing supply and oversight.

Housing Market 370

Housing Market Loan Officers Development Design 370