Remove Download Remove Lending Remove Loan Officers
article thumbnail

This underwriting solution improved lending satisfaction from the inside out

Housing Wire

Prior to integrating FactCheck, the lender used an Excel spreadsheet that the underwriter and or loan officer would have to key information into. This method also consumed valuable time for both underwriters and loan officers, and consequently, impacted the overall turn time of the loan. . “We

Lending 312
article thumbnail

Lower taps TLOP’s Dustin Owen as SVP of growth

Housing Wire

In joining Lower, he will report to chief production officer Randell Gillespie to execute plans for “transforming the modern mortgage experience for consumers and industry professionals,“ according to a company statement. But when I look at the future of mortgage lending, I do believe our industry is going the way of the banking industry.

Lending 448
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Movement sues Summit, former veteran sales executives for poaching

Housing Wire

In court documents, Summit and Pennington admitted they signed a confidentiality agreement in March but denied other accusations, including that Pennington used information from Movement to target its loan officers matching characteristics that would fit Summit’s business. million in unpaid compensation.

article thumbnail

How LOs, mortgage execs are preparing for 2024

Housing Wire

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. If they want to know what’s going on with rates, their loan, AI can give them an answer.

Mortgage 476
article thumbnail

Credit Plus integrates with LendingWise

Housing Wire

Business credit report provider Credit Plus announced last week it has integrated with LendingWise , an LOS-software platform serving commercial lending. The move establishes Credit Plus in the commercial and private money lending spaces. “In Download this case study to find out about the integration process and the results it yielded.

article thumbnail

QC is imperative for long-term mortgage servicing success, here’s why

Housing Wire

While the challenge of low housing inventory persists across the country, I have a feeling loan officers will be busier. AP: The CFPB continues to emphasize compliance with the CARES Act and other servicing regulations, particularly in areas like fair lending, fair servicing, and forbearance.

Mortgage 435
article thumbnail

How to get (or renew) your NMLS license in 2024

Housing Wire

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. They have flexible work hours and can work independently or with a bank or mortgage broker.