Housing Wire

APRIL 17, 2024

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in. In FCM’s case, this also includes interim servicing.

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Business Loan Officers Mortgage Lending 419

Housing Wire

AUGUST 31, 2020

Automation has been applied fairly well to both the front office and back-office sections of the mortgage life cycle, he said, citing tools like point-of-sale and loan officer portals on the front-office as well as the acceleration of digital closing capabilities on the back-office, but there are still opportunities for improvements to the process.

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Lending Technology Tools Training 434

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. That policy, which is designed to protect consumers from lender fraud and financial risk, expired in early August.

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Landlords Loan Officers Lending Contracts 396

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

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Loan Officers Technology Lending Tools 386

Housing Wire

JANUARY 10, 2024

Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive. Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year. University Bank has been around for 130-plus years,” he said.

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Mortgage Lending Loan Officers Design 416

Housing Wire

MARCH 1, 2021

Fred Bolstad, executive vice president of retail lending at U.S. Bolstad will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Lisa Patterson, chief originations officer at Homepoint. He leads both retail sales and operations, a channel that originated over $47 billion in 2020.

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Retail Lending Loan Officers Technology 404

Housing Wire

OCTOBER 12, 2023

Customer engagement platform Total Expert ‘s customer intelligence and mortgage tech firm Polly ‘s product and pricing engine (PPE) will help California-based lender Mountain West Financial identify lending opportunities from its existing database. billion in generated loan application volume, and $6.7

Loan Officers 408

Loan Officers Modernization Lending Design 408

Housing Wire

MAY 1, 2023

The tool is designed to address the issue of sensitive data being handled by lenders and loan officers on a daily basis, including social security numbers, paystubs, and tax returns. Maxwell Single-Sign On allows lending teams to sign in safely and securely using their existing authentication partner.

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Tools Loan Officers Mortgage Technology 345

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

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Loan Officers Training Development Technology 361

Housing Wire

DECEMBER 11, 2023

Loan discounts — known as pricing exceptions — is when a lender makes exceptions to its established credit standards. fair lending laws has been on regulators’ radar in recent years. The CFPB has been tightening its screws on fair lending practices. Its findings showed that mortgage lenders violated U.S.

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Mortgage Lending Law Loan Officers 442

Housing Wire

OCTOBER 23, 2024

“Credit card, auto and student loan debt are currently at all-time highs, and so it is not surprising that debt consolidation is the fastest-growing category in home equity lending,” FirstClose chief product officer Ramiro Castro said in a statement.

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Loan Officers Lending Design Technology 379

Housing Wire

MARCH 25, 2024

It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation , says he isn’t worried about a potential U.S. Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. ban of the short-form video app.

Loan Officers 380

Loan Officers Tools Business Clients 380

Housing Wire

JUNE 7, 2024

Its “ smart loans ,” which were built using artificial intelligence technology, are designed to help homebuyers find the best mortgage for their unique financial situation. In May 2022, it launched a cloud-based portal, LoanFlow , that gives mortgage brokers and loan officers the ability to originate loans anytime, anywhere.

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Legal Landlords Loan Officers Mortgage 403

Housing Wire

AUGUST 2, 2024

Prospective borrowers with strong credit are locking in mortgages this week at the lowest rates in more than a year, loan officers and lending executives told HousingWire on Friday. “I hope this is not the case, but I advised my clients that this is the reason why I locked three loans today.” ” .

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Mortgage Clients Loan Officers Lending 513

Appraisal Buzz

SEPTEMBER 30, 2024

M2 Lending Solutions is using LenderLogix ’ mortgage point-of-sale and automation software to provide an automated, digital-first borrower experience. Specifically, M2 lending has implemented LenderLogix’ QuickQual, LiteSpeed, and Milestone Text Updates solutions to provide borrowers high-touch, white-glove service.

Lending 195

Lending Real Estate Agent Loan Officers Modernization 195

Housing Wire

AUGUST 6, 2024

Lower continues to make moves designed to support its expansion efforts, hiring former Waterstone Mortgage executive Dustin Owen as its new divisional sales leader and senior vice president of growth. Owen is the founder and host of “ The Loan Officer Podcast ,” which tallied more than 1 million downloads in 2022.

Lending 381

Lending Loan Officers Modernization Mortgage 381

Housing Wire

FEBRUARY 10, 2022

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. Tricky situations can arise in mortgage lending, especially when navigating less-common products or originating non-agency loans.

Loan Officers 358

Loan Officers Law Training Lending 358

Housing Wire

AUGUST 12, 2024

California -based HighTechLending , a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

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Lending Design Loan Officers Business 392

Housing Wire

JUNE 22, 2022

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, wants to beat rival lenders by offering competitive pricing to brokers, a move designed to navigate a shrinking mortgage market with compressed margins. UWM dropped rates by 50 to 100 basis points across all loan types, the company said in a release.

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Retail Loan Officers Mortgage Design 459

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

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Technology Design Lending Real Estate Agent 389

Housing Wire

FEBRUARY 10, 2023

The portal is designed to offer GHMC partners a “unique borrower online application experience” at no additional costs. The company has 48 state licenses, three retail branches and 13 loan officers. Last month, the lender hired Andy Voyles as its executive vice president and director of retail lending.

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Retail Tools Loan Officers Design 354

Housing Wire

JANUARY 10, 2024

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Additionally, the platform is accessible to all users, regardless of their current loan origination software.

Retail 381

Retail Lending Design Technology 381

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments. billion.

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Architecture Real Estate Agent Loan Officers Real Estate 411

Housing Wire

MAY 23, 2024

Editor in Chief Sarah Wheeler sat down with Christos Bettios, chief information officer at NFM Lending , to talk about the company’s private, proprietary GPT that is making his whole team more efficient. And we have 500 loan officers that are on the street every day and I can always go to them for ideas.

Loan Officers 367

Loan Officers Lending Technology Development 367

Housing Wire

FEBRUARY 14, 2024

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. JF: We’ve carefully designed our processes, so our incentives are always aligned with yours.

Buyers 388

Buyers Loan Officers Real Estate Agent Agents 388

Housing Wire

MAY 18, 2021

While home-buying has been historically seen as difficult, the process is getting a rebrand as loan officers, real estate agents and industry experts answer the questions that Gen Z (and any generation that won’t willingly admit to using the app) have on TikTok’s platform.

Loan Officers 339

Loan Officers Real Estate Agent Real Estate Design 339

Housing Wire

JANUARY 27, 2021

Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process. Many loan officers who may not have in the past sought to engage with customers digitally.

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Lending Technology Loan Officers Investors 326

Housing Wire

NOVEMBER 1, 2022

Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options. This will enable borrowers to view accurate, side-by-side home loan comparisons, Mortgage Coach and Sales Boomerang said.

Mortgage 403

Mortgage Project Management Insurance Loan Officers 403

Housing Wire

APRIL 3, 2023

With proactive engagement and intuitive technologies , our customizable subservicing solutions are uniquely designed to eliminate common pain points for homeowners, such as unreliable service, confusing escrow changes, and lack of clear and timely information regarding their mortgage.”

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Loan Officers Clients Design Lending 333

Housing Wire

APRIL 27, 2023

“I’ve always been passionate about helping loan officers grow their business to serve more families in our communities. ” With over 21 years in finance and mortgage lending roles, Yeager’s experience spans investment banking, residential retail mortgage, and private mortgage lending.

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Loan Officers Retail Lending Investing 309

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. With higher-risk loans like non-QM, the need for optimization needs to be underscored from the outset to avoid costly mistakes.

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Lending Investing Loan Officers Design 379

Housing Wire

OCTOBER 6, 2020

Lending technology out of focus. Focusing our efforts to leverage big data and smarter automation on the front end of the loan origination process made sense in the beginning when the mortgage industry was entering the digital age. Borrowers were not comfortable turning over their credentials to loan officers or processors.

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Technology Mortgage Investors Investing 474

Housing Wire

JUNE 20, 2024

The GSEs have invested millions building and promoting initiatives designed to encourage the digitization of mortgage data and processes, yet their utilization is underwhelming. Inertia within lending institutions poses a formidable barrier. To combat this, loan officers must be incentivized to embrace innovation.

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Technology Loan Officers Tools Investing 362

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.” .

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Loan Officers Architecture Real Estate Agent Clients 299

Housing Wire

NOVEMBER 1, 2023

As borrowers reel from the sticker shock of conventional mortgages , lenders could see a surge of demand for alternative lending products, such as adjustable-rate mortgages (ARMs), for the first time since the financial crisis. Avoid the dreaded info dump, where lending products display on an endless scroll with intimidating blocks of text.

Lending 363

Lending Loan Officers Mortgage Development 363

Housing Wire

SEPTEMBER 25, 2024

loanDepot’s focus is on the sales side, attracting experienced loan officers (LOs) and people who want to join the industry via its accelerated career in effective sales (ACES) program. The data includes employees at parent companies and subsidiaries, in mortgage lending, servicing and other activities.)

Mortgage 403

Mortgage Loan Officers Retail Training 403

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

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Lending Modernization Mortgage Technology 196