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%

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Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Black, a licensed mortgage loan officer and broker, will also lead product development, tech partnerships and sales growth. Terms of the deal, which was announced on Tuesday, were not disclosed.

Retail 459

Retail Loan Officers Brokerage Technology 459

Housing Wire

APRIL 4, 2022

Over 80% percent of FHA purchasers are first-time homebuyers, and borrowers of color obtained over 40% of FHA loans last year, according to HUD. The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined.

Insurance 370

Insurance Loan Officers Sellers Mortgage 370

Housing Wire

OCTOBER 9, 2024

Hinshaw said the LES technology integrates with loan origination software, enabling it to calculate income, assets and other qualifying criteria within FHA guidelines. The system generates and clears “dynamic, loan-specific conditions” and is backed by a warranty from a AAA-rated insurer for up to 60-months post-closing.

Technology 458

Technology Clients Loan Officers Insurance 458

Housing Wire

OCTOBER 1, 2022

The DOJ said that all of Lakeland’s branches were located in majority-white neighborhoods and that its loan officers did not serve the credit needs of Black and Hispanic neighborhoods in and around Newark. Lakeland, a community bank, operates 68 branches in northern New Jersey and in New York’s Hudson Valley.

Law 435

Law Loan Officers Lending Advertising 435

Housing Wire

MAY 22, 2024

Department of Housing and Urban Development (HUD), the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program saw its share of total HECM endorsements in 2023 rise to its highest level since 2019. On the other hand, increased interest has led the company to close more H4P loans, she said. “We’ve

Mortgage 458

Mortgage Loan Officers Lending Business 458

Housing Wire

MARCH 29, 2024

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 Some customers she spoke to explained that after looking at the origination fee structure and the mortgage insurance premium, a home equity line of credit seemed more beneficial to them.

Mortgage 482

Mortgage Finance Insurance Tools 482

Housing Wire

JUNE 1, 2021

SVP, Agent Engagement & Development. Genworth Mortgage Insurance. Alterra Home Loans. Senior Loan Officer. VP of Product Development. Branch Manager. PrimeLending. Kirtus Dixon. eXp Realty. Kristen Cox. Senior Leader, Flood Solutions. Louis daRosa. VP of Engineering. ICE Mortgage Technology. Matt Garcia.

Retail 418

Retail Lending Loan Officers Finance 418

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

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Investing Loan Officers Technology Development 508

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Real Estate 370

Real Estate Insurance Technology Loan Officers 370

Housing Wire

SEPTEMBER 28, 2023

So, we’re not little, but we’re not big, like some of these companies with 500 developers. We have a development team and so we have software developers, system analysts, business analysts, quality assurance testers, and people that manage deployments. We have smaller teams, but they’re very effective.

Technology 482

Technology Loan Officers Lending Business 482

Housing Wire

APRIL 18, 2023

Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike. Plus, loan officers can access their entire transaction pipeline at a glance for purchase transactions using titlegenius. The platform makes closings simple, transparent and less expensive.

Tools 395

Tools Sellers Technology Loan Officers 395

Housing Wire

JUNE 6, 2022

As of May 27, Iowa Workforce Development lists 49 layoffs at the Wells Fargo campuses in Des Moines and 34 employee reductions in West Des Moine. Layoffs included 17 associate loan servicing representatives and eight loan servicing representatives as well as senior operations processors and senior loan servicing representatives.

Mortgage 448

Mortgage Loan Officers Lending Human Resources 448

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. “We’ve

Valuation 411

Valuation Real Estate Agent Real Estate Clients 411

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.

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Agents Sellers Buyers Finance 482

Housing Wire

JULY 12, 2023

HousingWire reported that the Sacramento-based lender instituted a round of layoffs in late November 2022, affecting 72 employees , per a document filed with the state’s Employment Development Department. Sources said the changes at Movement come after a shakeup to the sales team’s leadership.

Retail 370

Retail Development Finance Lending 370

Housing Wire

OCTOBER 3, 2022

The system also provides management reporting on user productivity and loan metrics derived from a beginning-to-end workflow that can reduce costs and manual tasks. It can take on ‘stare-and-compare’ and validation responsibilities, such as verification of income, assets and insurance more accurately and at scale,” Gagliano noted.

Technology 370

Technology Loan Officers Modernization Retail 370

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. During the housing crisis of 2008, the title industry suddenly emerged from obscurity into full view.

Real Estate Agent 437

Real Estate Agent Real Estate Project Management Agents 437

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” It affected at least 50% of the staff, positions in operations and loan officers, according to multiple former employees. A massive job cut. billion in the last 12 months.

Mortgage 370

Mortgage Loan Officers Lending Business 370

Housing Wire

OCTOBER 27, 2020

For many years, we’ve been developing and investing in technology to deliver an end-to-end digital mortgage experience. We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services.

Clients 418

Clients Technology Insurance Loan Officers 418

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. insurance companies, including home and auto providers. Register for the FinLedger Daily Newsletter.

Business 505

Business Law Real Estate Investors 505

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms.

Housing Market 468

Housing Market Marketing Brokerage Real Estate 468

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. Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender.

Clients 418

Clients Agents Buyers Sellers 418

Housing Wire

JULY 9, 2021

Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. Does your CRM hurt or help the customer experience?

Real Estate 476

Real Estate Business Valuation Technology 476

Housing Wire

MARCH 11, 2024

The addition of automation made credit optimization more accessible to mortgage loan officers who could simply set a target score and allow our predictive analytics engine to run hundreds of simulations in just seconds to arrive at a detailed plan.

Buyers 459

Buyers Tools Lending Mortgage 459

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Just a little less vanilla. Homepoint has decided to pause on entering the non-QM fray.

Mortgage 418

Mortgage Loan Officers Finance Investors 418

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 lender must notify the borrower of the credit decision within 30 days of receiving the loan application.

Real Estate 448

Real Estate Loan Officers Tools Law 448

Housing Wire

JANUARY 25, 2022

To develop a robust input, it’s imperative to understand your cash flows, which means knowing your sources and uses of cash. This includes how much cash is used to fund new loans, cycle time on loans in inventory, and how fast you’re selling loans. In the mortgage business, many expenses are front-ended.

Mortgage 370

Mortgage Inventory Business Loan Officers 370

Housing Wire

OCTOBER 5, 2023

These [rated offerings] can start to bring in investors like insurance companies, money managers with mutual funds that have ratings constraints, investment banks … [and more], which will provide better financing on rated bonds.” Unlike banks and credit unions, nonbanks can’t hold these [home equity] loans on their balance sheets. …

Housing Market 448

Housing Market Marketing Contracts Finance 448

Housing Wire

SEPTEMBER 5, 2023

TB: It seems like each mortgage process should be relatively standardized because we’re manufacturing loans — the vast majority of which will be purchased by the two GSEs or insured by FHA , VA or USDA. How are lenders helping borrowers take advantage of loan product innovation and affordable housing initiatives?

Technology 418

Technology Mortgage Tools Insurance 418

Housing Wire

NOVEMBER 4, 2024

But in another stroke of luck, I have a cousin who is a loan officer at Guild Mortgage. Once negotiations were settled and my mortgage was accepted, the final step was to obtain title insurance. For this, I turned to New Hampshire-based Cohen Closing & Title , where another cousin is the director of business development.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

SEPTEMBER 30, 2020

Borrowers, loan officers and the corresponding processors and underwriters are often working on entirely different systems. THE EXECUTIVES: Hassan Rashid, Chief Revenue Officer. Rashid steers Tavant’s strategy for continued profitable revenue growth, supported by a fully aligned business development engine.

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Lending Real Estate Agent Loan Officers Architecture 212

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. I’ll continue to oversee First American’s venture investing arm, but now will also evaluate additional opportunities that could include external partnerships, mergers and acquisitions, and internal product and technology development.

Mortgage 370

Mortgage Real Estate Investing Technology 370

Housing Wire

JUNE 28, 2024

When thinking about improving the efficiency of work that people are doing and that can’t be moved to technology, lenders often focus on allowing those people to focus (there are elaborate solutions, like workflow systems, and simple solutions, like not letting your loan officers instant message your underwriters).

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Lending Mortgage Technology Training 414

Appraisal Buzz

SEPTEMBER 19, 2024

This Award recognizes transformative women leaders who have built diverse, high-performing teams; developed business solutions that impact homeownership across the industry and nation; and worked to empower and promote women in leadership positions. Aubrey Gilmore Halim, President, Rutledge Claims Management Inc.

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Development Lending Insurance Business 221

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. But the truth is, there are components outside of our realm today that include mortgage and title and insurance.

Technology 435

Technology Real Estate Agents Design 435

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. The nation’s biggest banks stepped in to stabilize the lender with $30 billion of their own money, giving the Federal Depository Insurance Corporation time to find a buyer. After a weekend of negotiations, the FDIC sold First Republic to JPMorgan.

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Marketing Retail Mortgage Investors 370