Housing Wire

MARCH 25, 2021

The Tuesday filing shows that loanDepot, the nation’s second-largest retail lender, originated $25.1 HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. Mortgage Tech Demo Day.

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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

MARCH 8, 2024

We have identified the banks that have high commercial real estate concentrations, particularly office and retail and other [property types] that have been affected a lot,” Powell said. And the FDIC reported that home loans are the largest lending segment by dollar volume at more than 40% of community banks. in Q2 2023.

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Real Estate Insurance Lending Retail 468

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

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

DECEMBER 27, 2024

Peter Sciandra, who serves as EVP of reverse lending secondary marketing at Fairway Independent Mortgage Corp. Robinson added that one of the ways that NAF is aiming to address the messaging challenge is by spreading it across multiple platforms and divisions, including the retail lending and distributed field sales divisions at her company.

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Housing Wire

JANUARY 28, 2021

HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. billion in 2018 and at one point had a retail operation. Mortgage Tech Demo Day. It’s a phenomenal rise for a lender that originated just $10.6 a share.

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Retail Lending Valuation Mortgage 534

Housing Wire

MARCH 10, 2023

California-based Impac Mortgage Holdings is repositioning itself as a mortgage brokerage and voluntarily giving up its seller-servicer designation with Fannie Mae and Freddie Mac. Impac is transitioning its retail consumer direct lending division into a mortgage broker fulfillment model to offer various products at a reduced cost per loan.

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Mortgage Retail Design Sellers 337

Housing Wire

SEPTEMBER 23, 2022

The acquisition will strengthen Thrive’s retail channel and bring with it new territories amidst arguably the most challenging mortgage market since the early 1980s. . Thrive’s chief operations officer Selene Kellam , who designed the lender’s operations workflow, will be the chief executive officer starting in 2023. “We

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Mortgage Retail Loan Officers Technology 369

Housing Wire

NOVEMBER 29, 2023

Encompass by ICE Mortgage Technology is designed to enable users to manage their entire lending workflow in one place, from the customer’s initial point of thought through investor delivery. All of these features come together to help lenders achieve operational efficiencies across their entire business for every lending channel.

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Technology Mortgage Lending Business 383

Housing Wire

DECEMBER 18, 2024

Citis previous use of the URL was to redirect to learning center content within the home lending pages on the Citi domain, according to Head of Mortgage Marketing at Citi, Chip Burgard. Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025.

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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. Daniel Sa, a division president at NFM Lending , said he’s been proactive in communicating with past clients about how they can benefit from refinances.

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Mortgage Clients Loan Officers Lending 513

Housing Wire

APRIL 27, 2023

He will oversee expansion across the country by bringing on new teammates and will add value to all sales teammates through strategic initiatives designed to drive volume, the company said in a statement. “As ” The national top 10 retail mortgage lender funded more than $20 billion in residential mortgages in 2022.

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Loan Officers Retail Lending Investing 309

Housing Wire

MARCH 7, 2023

Cloud-based mortgage CRM OptifiNow has launched a version of its CRM platform called OptifiNow Flex, which is designed to support multi-channel mortgage teams. The product aims to unify workflows for wholesale, retail, reverse mortgage, recruiting and more into a single system while also lowering IT costs, OptifiNow said in a statement.

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Mortgage Tools Retail Design 344

Housing Wire

JANUARY 12, 2021

to Acra Lending, the company has also launched a new jumbo prime program. Keith Lind, Acra Lending executive chairman and president. We have been working non-stop to provide programs through our retail, wholesale and correspondent channels, which have significant demand in the marketplace. Kyle Gunderlock, Acra Lending CEO.

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Housing Wire

APRIL 27, 2023

The company will now operate as a mortgage brokerage, giving up its retail consumer direct lending division and winding down its third-party origination (TPO). In March, Impac announced changes to the business.

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Housing Wire

APRIL 24, 2023

AML also claims that wholesale lending is a separate submarket of the mortgage industry, which has barriers to entry. AML’s claims, according to the lender, rest on a “legally unsustainable premise” that there is a separate wholesale mortgage lending market.

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Housing Wire

JANUARY 12, 2024

The company later told RMD, however, that the loan was within current product lending limits. When asked about the reportedly higher lending limit for this loan, a FOA spokesperson told RMD that the reporting on the loan amount is simply incorrect and that it is “within current HomeSafe lending limits.”

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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. Then you might as well just go work for UWM retail. “My business is not designed to make my competitors like me, especially retail competitors,” he said.

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Real Estate Agent Retail Real Estate Design 392

Housing Wire

AUGUST 1, 2023

Coming off multiple quarters of financial losses , Rocket has accelerated those efforts in 2023, embarking on a remote local loan officer hiring spree designed to capture purchase market business from real estate agent connections, sources told HousingWire. “I was told by the recruiter this division – Rocket retail started a year ago.

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Loan Officers Retail Real Estate Agent Real Estate 347

Appraisal Buzz

JUNE 11, 2024

billion in market liquidity, and the introduction of 25 policy updates to enhance existing offerings and launch new offerings to help increase affordable lending and access to credit for manufactured homes titled as real property.

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Finance Real Property Design Lending 390

Housing Wire

APRIL 5, 2022

It also represents yet another sweetener designed to convince brokers to choose them over rival United Wholesale Mortgage. February and March were when the firm saw the best closing turn times for Rocket Pro TPO, Randolph said, though he would not disclose the average number of days it took to close a loan.

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Real Estate Agent Retail Finance Mortgage 386

Housing Wire

APRIL 16, 2023

Mortgage rates didn’t move much last week, but the 10-year yield rose even though inflation data was tamer than expected, and we had a weaker retail sales report number. The housing market tracker is designed to give an outlook for the future, and as I have written, the housing market dynamics changed starting Nov.

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Inventory Housing Market Marketing New Listings 522

Housing Wire

FEBRUARY 26, 2021

Patterson will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Fred Bolstad , executive vice president of retail lending at U.S. Bank Home Mortgage. Patterson has led Homepoint’s third-party originations business since 2015.

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Housing Wire

DECEMBER 20, 2023

So he did what a lot of retail loan officers in the industry were doing — Mike would reclassify a self-generated lead as a corporate-generated lead, thus slashing his compensation from 125 basis points down to as low as 50 bps, giving him a low enough rate to win the client and eventually close the deal.

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Loan Officers Clients Law Legal 469

Housing Wire

OCTOBER 24, 2024

Aligned with their success’ These protections are designed to signal that brokers can have more trust when bringing their business to Mutual of Omaha, according to reverse division president Alex Pistone. “As Broker Protect is viewed as a way to do that. “We

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Client Relationships Clients Investors Business 398

Housing Wire

APRIL 26, 2023

” OptifiNow TPO is the first CRM designed specifically for wholesale mortgage lenders and is used by many lenders nationwide. The CRM platform is designed to be implemented quickly and provide out-of-the-box functionality that only wholesale lenders can appreciate.

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Mortgage Design Retail Lending 236

Housing Wire

FEBRUARY 8, 2024

This means applying all the do-it-on-your phone advances in other industries (think retail/Amazon) to the servicing space, and that’s what companies concerned about UX will prioritize. When approaching a new UX design (with your consumer lens in sharp focus), the initial step is to establish a set of principles that will guide the design.

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Design Retail Technology Tools 359

Housing Wire

FEBRUARY 21, 2024

In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. Axis has lending and title academies, with an origination academy set to launch in the spring of 2024. The initial 30 days establish a foundational understanding of mortgage lending concepts.

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Housing Market Mortgage Marketing Real Estate 346

Appraisal Buzz

JULY 12, 2024

Carrington Mortgage Services is introducing Section 184 Loans for Native Americans for its retail lending customers. The Section 184 Loan is a great product, in part because the costs are low when compared to other loan programs,” says Greg Austin, executive vice president, lending, for Carrington Mortgage Services, in a release.

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Mortgage Lending Retail Design 195

Appraisal Buzz

AUGUST 22, 2024

Mortgage hedge advisory firm Vice Capital Markets has completed its integration with Mortgage Machine , an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders’ operational velocity and support an end-to-end digital origination process. “We

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Marketing Mortgage Loan Officers Clients 195

Housing Wire

SEPTEMBER 25, 2024

The data includes employees at parent companies and subsidiaries, in mortgage lending, servicing and other activities.) We’re overstaffed by design, and we never let sales get ahead of operations.” As a group, the number of employees shrank by 46%, from 88,203 in 2021 to 47,940 in 2023. What if the refi wave doesn’t materialize?

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Mortgage Loan Officers Retail Training 403

Appraisal Buzz

JULY 30, 2024

Blankenship has spent over 15 years working in real estate and mortgage lending, while Leslie has spent the same amount of time honing his craft in real estate and new construction as the owner of RE/MAX Legacy Realty and Designer Homes in Fargo.

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Real Estate Brokerage Retail Realty 195

Housing Wire

DECEMBER 30, 2024

These premiums have risen in recent years as traditional banks have scaled back their private lending activities amidst regulatory pressure, consolidation, and a recent move to wholesale funding spurred by drop-offs in retail deposits.

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Housing Wire

MAY 16, 2023

.” At that time, historically low rates spurred the mortgage market to $4 trillion in volume — and the perception among the rank-and-file was that Home Point Capital ‘s wholesale lending business Homepoint was a great place to work. In addition, Home Point sold its delegated correspondent business to Planet Home Lending.

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Mortgage Lending Business Technology 381

Housing Wire

JULY 15, 2024

This event is designed to equip you with the tools and insights needed to lead with vision and inspire your teams effectively. A positive outlook and proactive approach can inspire confidence and drive success. Don’t miss this opportunity to transform your narrative and drive your organization to new heights.

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Loan Officers Clients Design Tools 344

Housing Wire

JULY 8, 2024

This event is designed to equip you with the tools and insights needed to lead with vision and inspire your teams effectively. CEOs must be the torchbearers of this narrative, exemplifying the attitudes and behaviors they wish to see in their teams.

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Mortgage Inventory Design Tools 356