Housing Wire

JANUARY 25, 2024

From at least August 29, 2022 to December 2, 2022, individuals who were not licensed as loan officers (LOs) in Connecticut acted as LOs by taking residential mortgage loan applications , soliciting Connecticut borrowers for mortgages and offering or negotiating terms of mortgages, according to the order issued earlier this month.

Loan Officers 435

Loan Officers Mortgage Finance Lending 435

Housing Wire

JANUARY 17, 2024

The real estate finance community mourns the loss today of one of its great leaders and fiercest advocates,” current MBA President Bob Broeksmit said in a statement Wednesday morning. More recently, he was the chief executive officer of Mountain Lake Consulting, Inc.,

Finance 493

Finance Loan Officers Real Estate Development 493

Housing Wire

AUGUST 25, 2022

With the deal, Movement adds the brokerage’s more than $400 million in annual sales volume and 48 employees, including loans officers, support staff and executive members, to serve homebuyers and real estate agents in the Greater Boston Area. . The company announced new hires in the sales executive team in early August.

Brokerage 497

Brokerage Mortgage Loan Officers Real Estate Agent 497

Housing Wire

SEPTEMBER 16, 2022

Loan Officer Freedom. Host Carl White, founder of The Mortgage Marketing Animals loan officer coaching program, shares insights for loan officers on how to close more while working less. Loan Officer Leadership. 10 Loans a Month. The Loan Officer Podcast. Housing News.

Loan Officers 435

Loan Officers Mortgage Lending Modernization 435

Housing Wire

MAY 26, 2022

A Florida-based loan officer faces more than 30 years in federal prison if convicted on charges alleging she falsified divorce papers and child support payment information to help unqualified borrowers secure a loan, according to a Department of Justice indictment. She could also be ordered to pay $130,000 in restitution.

Loan Officers 435

Loan Officers Clients Design Insurance 435

Housing Wire

MARCH 28, 2024

Better Home & Finance Holding Co. , The operating model change involved Better pivoting to hiring experienced loan officers on commission-based compensation plans. Previously, the lender had higher fixed-cost components and no commissions for its loan officers.

Loan Officers 459

Loan Officers Technology Investing Realtors 459

Housing Wire

DECEMBER 21, 2022

billion in mortgage loans over the last 12 months, according to the mortgage tech platform Modex. It has 557 active loan officers, 168 branches and licenses in 49 states. . Inside Mortgage Finance first reported on the deal. billion in mortgage loans in the last 12 months. The lender originated $4.68

Loan Officers 418

Loan Officers Development Retail Mortgage 418

Housing Wire

AUGUST 20, 2024

They also discuss fintech developments for loan officers, recruitment and even the CPO’s favorite hamburger. Collins follows up with a question on how mortgage industry changes have shifted the ways that bankers and brokers offer financing to consumers.

Loan Officers 448

Loan Officers Mortgage Tools Technology 448

Housing Wire

APRIL 30, 2024

We’ve also implemented project management technologies and streamlined processes to improve workflow and turnaround times for loan officer requests, effectively halving the time it takes to fulfill them. HousingWire: The Money Store prides itself on providing easy, efficient, and affordable home financing.

Loan Officers 448

Loan Officers Technology Modernization Project Management 448

Housing Wire

MARCH 30, 2023

A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage loan officers, final “docs” associates, desktop support professionals and business solutions architects, among others. “As mortgage lender by volume last year.

Retail 435

Retail Loan Officers Legal Technology 435

Housing Wire

SEPTEMBER 24, 2022

Pink slips were issued to workers in the learning and development team, developers and support staffers in the IT department, as well as loan officers, multiple current and former employees told HousingWire. Caliber did not respond to requests for comment.

Loan Officers 435

Loan Officers Development Mortgage Finance 435

Housing Wire

JUNE 11, 2024

Department of Housing and Urban Development (HUD) has terminated the Federal Housing Administration (FHA) direct endorsement approval for Open Mortgage in Iowa. “HUD Inside Mortgage Finance first reported on the topic. HUD’s decision on Open Mortgage will be published in the Federal Register on Wednesday.

Mortgage 476

Mortgage Insurance Loan Officers Lending 476

Housing Wire

JANUARY 3, 2024

A total of 84 staff were affected at five offices in Pasadena, Roseville, Agoura Hills, Westlake Village and Moorpark, California, according to a Worker Adjustment and Retraining Notifications (WARN) alert submitted to the California’s Employment Development Department (EDD) in late December. “To 15 and reviewed by HousingWire.

Loan Officers 448

Loan Officers Development Investors Finance 448

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. For example, Realfinity pays LOs 1.4%

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

JANUARY 19, 2024

6, 2024,” Sherry Carson, human resources generalist at Country Club Mortgage, wrote in a letter sent to the Employment Development Department in California in early December. Job cuts include the leadership – the president and CEO, the finance manager and the credit risk officer. More than 50 mortgage loan officers were let go.

Human Resources 482

Human Resources Mortgage Loan Officers Finance 482

Housing Wire

JULY 8, 2024

” Jobs were cut across the company, including activities related to application, customer support, quality assurance, and software development, among others. In February, Newrez restructured its distributed retail mortgage business, cutting regional and divisional managers and reducing loan officers’ compensation.

Loan Officers 445

Loan Officers Retail Finance Mortgage 445

Housing Wire

JANUARY 10, 2024

“Unfortunately, we do not see this change taking place within the base period or extended base period of the Community Economic Development Agreement (CEDA),” Allen noted. The JDIG agreement authorized the potential reimbursement to Pennymac of up to $1.9 million over the course of 12 years. The lender’s U.S.

Investing 442

Investing Tenants Development Loan Officers 442

Housing Wire

OCTOBER 9, 2023

The free app, which officially launches Tuesday, allows users to price out mortgages, personal loans and other finance products that Guaranteed Rate offers, but there’s a twist: users can also access financial, physical and mental health resources to help them “live their best lives.” As of Oct. As of Oct.

Loan Officers 448

Loan Officers Mortgage Technology Realtors 448

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

JANUARY 12, 2022

Guaranteed Rate will continue to thrive and win market share by having a laser focus on leveraging our industry-leading purchase platform augmented by the best loan officers in the business,” Guaranteed Rate CEO Victor Ciardelli wrote in an email to brokers that HousingWire reviewed.

Retail 397

Retail Loan Officers Best Value Business 397

Housing Wire

JUNE 5, 2024

Top mortgage technology executives say their companies are embracing artificial intelligence (AI) in their operations but still relying on human decision-making to sell loans. “There’s one question every CEO, CTO, CIO, loan officer, processor, underwriter, they all ask the same thing: will AI replace my job?”

Mortgage 459

Mortgage Loan Officers Technology Tools 459

Housing Wire

MARCH 29, 2024

A passion for technology led her to work in the fintech and blockchain spaces, and she has now turned her attention to the senior finance space by founding a company called Graceful Finance. But she quickly realized it is facing real challenges, and she began asking why it has not grown and developed to a place it could be. “I

Mortgage 482

Mortgage Finance Insurance Tools 482

Housing Wire

AUGUST 11, 2022

In a move the Federal Housing Finance Agency said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. The data will stay with the loan throughout the mortgage term, regardless of whether the servicing rights change hands. Presented by: Selene Finance.

Lending 397

Lending Finance Loan Officers Legal 397

Housing Wire

NOVEMBER 14, 2024

On Wednesday, CCM announced Vandad Fartaj as the chief investment officer, William Chang as chief capital markets officer, and Tom Rettinger as chief portfolio risk officer. The team will develop and execute the company’s investment strategies, secondary market activities, and risk management, among other things.

Mortgage 370

Mortgage Loan Officers Investing Finance 370

Housing Wire

JANUARY 7, 2025

Good loan officers are what will help our business grow in a big way, and we try to support our loan officers in a way that they can generate their own business and not become reliant on leads. said that connecting with borrowers in a substantive way begins with the salesperson they first come into contact with.

Clients 370

Clients Mortgage Loan Officers Real Estate Agent 370

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. We would welcome the opportunity to approve courses with a creative take on how they design and develop content.”. LOs often lose focus during CE classes, he told HousingWire.

Loan Officers 397

Loan Officers Law Training Lending 397

Housing Wire

JUNE 5, 2024

Andrews also previously worked in business development, sales and marketing roles at Hometown Lenders , Finance of America , Veristone Capital , Yarrow Bay Mortgage and Merit Financial. In his new position with loanDepot, he will be responsible for driving market share growth in Seattle and the surrounding areas. “In

Loan Officers 446

Loan Officers Legal Development Mortgage 446

Housing Wire

JANUARY 30, 2023

According to the class-action-seeking lawsuit, filed in California, AmeriSave hired 200 loan officers to focus on the West Coast region in early 2022. It was part of the Atlanta-based mortgage lender’s strategy for developing a retail mortgage sales division. year over year, according to Inside Mortgage Finance estimates.

Loan Officers 493

Loan Officers Retail Contracts Mortgage 493

Housing Wire

JUNE 2, 2022

The agreement resolves a complaint the NCRC filed in October 2021 with the Department of Housing and Urban Development. NCRC testers made inquiries about mortgage financing with a loan officer at Movement Mortgage, Dave Skow, on two occasions, four months apart, during 2021.

Mortgage 418

Mortgage Training Loan Officers Lending 418

Housing Wire

OCTOBER 17, 2024

Better Home & Finance, the parent company of digital lender Better.com , launched its voice-based artificial intelligence loan assistant on Thursday. Better began partnering with big data firm Palantir in 2022 to develop the platform. is nearly $9,000.

Tools 435

Tools Loan Officers Technology Mortgage 435

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. Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development.

Mortgage 468

Mortgage Lending Loan Officers Design 468

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. We’ve been hiring, training and developing our people. We’re overstaffed by design, and we never let sales get ahead of operations.”

Mortgage 459

Mortgage Loan Officers Retail Training 459

Housing Wire

SEPTEMBER 7, 2023

If the traditional practice of sellers paying for both sides of the agents ends, housing agencies will have to weigh in to determine ways for buyers to finance their agents’ comp, LOs noted. But if you’re an originator, that simply means that your target group is now smaller,” said Brian Hale, CEO of Mortgage Advisory Partners. “If

Buyers 418

Buyers Agents Loan Officers Real Estate 418

Housing Wire

OCTOBER 23, 2024

Chicago-based Rate was the eighth-largest mortgage lender in the country during the first half of 2024, according to estimates from Inside Mortgage Finance. AI is not just a trend — it’s reshaping the landscape of every industry, including home financing. billion across more than 40,000 loans using this technology.

Mortgage 435

Mortgage Technology Development Finance 435

Housing Wire

JUNE 1, 2021

Finance of America Reverse. Chief Revenue Officer. SVP, Agent Engagement & Development. Alterra Home Loans. Senior Loan Officer. VP of Product Development. Senate Finance Committee. Wyndham Capital Mortgage. Bobby Burns. VP, Product Management. Breezi Webster. AmeriHome Mortgage.

Retail 418

Retail Lending Loan Officers Finance 418

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance.

Agents 482

Agents Sellers Buyers Finance 482

Housing Wire

OCTOBER 30, 2024

The firm offers “smart loans” using artificial intelligence and developed a cloud-based portal, LoanFlow , that aims to give mortgage brokers and loan officers the ability to originate loans anytime, anywhere.

Landlords 448

Landlords Loan Officers Lending Contracts 448