Housing Wire

AUGUST 29, 2024

Polly/ AI: AI-powered copilot for loan officers Fueled by Polly’s proprietary technology and data, Polly/ AI leverages powerful, state-of-the-art AI/ML and natural language processing (NLP) to transform the way loan officers conduct business and provide consumers with superior mortgage products and prices.

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Loan Officers Technology Business Mortgage 405

Appraisal Buzz

AUGUST 15, 2024

At their best, Loan Officers (LOs) should act as financial guides to their customers, helping them see and help surface opportunities that they did not know existed. The post Driving Growth: Leveraging Home Equity to Expand Loan Officer Opportunities first appeared on The MortgagePoint.

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Loan Officers Clients Home Improvement Insurance 407

Housing Wire

JULY 15, 2024

Loan originators in today’s mortgage market have weathered significant challenges. They’ve endured a major drop in volume, a rapid rise in rates, and uncertainty surrounding realtor commission settlements and their impact on referral partners. If you are still in the game, you’re already demonstrating resilience and adaptability.

Loan Officers 419

Loan Officers Clients Design Tools 419

Housing Wire

NOVEMBER 15, 2024

Should the goal of marketing technology be to make it so that a loan officer never needs to log in? I started in the mortgage industry in 2015, working for large banks that were heavily invested in using technology to simplify the loan process for everyone involved. Today, “CRM” encompasses far more than just contact management.

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Loan Officers Marketing Tools Technology 354

Appraisal Buzz

OCTOBER 24, 2024

AI Acceptance Despite consumer support of automated technology in the mortgage process, respondents expressed reluctance when asked specifically about AI, with 60% of respondents saying the use of AI in the loan process would cause them to select another lender.

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Loan Officers Technology Tools Development 425

Housing Wire

OCTOBER 23, 2024

They want the ease and efficiency of automated platforms and a borrower-friendly user interface, but they are still relying on loan officer involvement,“ Moskver said in a statement. About 58% of respondents still relied on loan officers to guide them through the process.

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Mortgage Loan Officers Tools Technology 455

Housing Wire

OCTOBER 28, 2024

“From loan officers to secondary marketing teams and investors, we empower mortgage professionals with tools designed to maximize their profitability on every loan transaction.” ” The announcements were made at MBA Annual in Denver.

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Loan Officers Investors Clients Design 408

Housing Wire

DECEMBER 20, 2024

Over the years, Ive observed a glaring issue that stifles the growth and success of many mortgagecompanies: promoting top-producing loan officers into management roles without equipping them with the tools, training, or even determining whether they want to be leaders. In my mind, success in sales equated to success in leadership.

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Loan Officers Mortgage Training Development 372

Housing Wire

MARCH 5, 2025

I’m going to start by making Rate the absolutely best place for every single loan officer to work at figuring out ways in which we can develop them, give them all the skills, the coaching , the mentoring and the tools, so they can have an amazing business, but also better serve all their clients and all their partners.

Loan Officers 435

Loan Officers Clients Business Technology 435

Housing Wire

OCTOBER 28, 2024

Equally important is the ability to proactively and automatically detect within an existing customer database who is ready to buy, so loan officers can reach out to those borrowers before they even act. Sales automation solutions like ICE Velocify help them connect with borrowers faster and stay one step ahead of the competition.

Loan Officers 429

Loan Officers Technology Business Mortgage 429

Housing Wire

FEBRUARY 3, 2025

Since many of the existing homeowners who purchased or refinanced during the pandemic boom are not giving up their low rates to make moves, most of the individual buyers in the market right now are first-time homebuyers who are facing a massive affordability shock, Donella Strickland, a loan officer at CMG Home Loans , told HousingWire.

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Government Loan Officers Buyers Finance 354

Housing Wire

DECEMBER 12, 2024

Editor in Chief Sarah Wheeler sat down with Jeff Bell, president of both UpWell Mortgage and software company Uplist , to talk about how he thinks about technology, and the good news that the industry is turning a corner after two rough years.

Loan Officers 369

Loan Officers Technology Agents Real Estate Agent 369

Housing Wire

MARCH 14, 2025

Traditional loan officers who focus solely on transactions are being replaced by mortgage professionals who act as financial strategists, long-term advisors, and educators. Heres how the mortgage industry is changing and what loan officers must do to thrive. Our mortgage industry is experiencing a fundamental shift.

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Client Relationships Mortgage Marketing Loan Officers 322

Housing Wire

OCTOBER 22, 2024

. “Mark’s passion for real estate and community, combined with Guaranteed Rate Affinity’s proven platform and talented loan officers, is a recipe for continued success in providing our clients with a fast, seamless mortgage experience,” said Lance Branham , managing broker for Coldwell Banker in Charlotte.

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Lending Mortgage Loan Officers Real Estate 409

Housing Wire

DECEMBER 18, 2024

Years later, in 2018, the newly unveiled Wayfinder platform automated credit optimization for loan officers. The first arrived on scene in March 2003, giving mortgage professionals the power to evaluate the weight of trade-line adjustments on borrower credit scores. 1 in preparation for the launch of the new platform.

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Loan Officers Tools Technology Mortgage 391

Housing Wire

NOVEMBER 13, 2024

In terms of compensation, Garg said that he envisions a different model than Better’s call-center loan officers. Our first competitive advantage is our manufacturing cost per loan is significantly lower and our productivity per loan officer is significantly higher, even for purchase transactions,“ Garg explained.

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Retail Mortgage Loan Officers Technology 360

Housing Wire

OCTOBER 15, 2024

In neighborhoods with Black populations of 80% or more, Fairway granted loans at less than one-eighth of the rate of its competitors. million people — Fairway had three retail loan offices and three desks in real estate offices, all in majority-white areas.

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Advertising Lending Loan Officers Retail 467

Housing Wire

MARCH 11, 2025

We’re going to be able to provide so much value to our partners and we’re going to give our partners and loan officers something nobody has and step out into the future here,” said Craig Snell, vice president of sales at Milestone. . “With this technology , we’re going to be able to flip the script.

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Mortgage Loan Officers Brokerage Technology 365

Housing Wire

OCTOBER 10, 2024

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

Real Estate 449

Real Estate Tools Loan Officers Legal 449

Housing Wire

OCTOBER 31, 2024

Demand for home equity solutions has grown, especially among older homeowners, and HomeSafe Second is an important offering in the toolkit for loan officers and financial advisers at a time when many homeowners have tons of home equity but are reluctant to touch their low-rate, first-lien mortgage.”

Mortgage 422

Mortgage Loan Officers Lending Renovations 422

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 446

Landlords Loan Officers Lending Contracts 446

Housing Wire

JANUARY 8, 2025

It had no sponsored loan officers. The Nationwide Multistate Licensing System (NMLS) showed that Ally Financial had six branches as of Wednesday in Arizona, California, Florida, Illinois, North Carolina and Texas. Ally’s recent job cuts, according to Gilchrist, are not tied to any specific business line or location.

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Business Mortgage Loan Officers Investing 417

Housing Wire

NOVEMBER 8, 2024

Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action. Sean Shallis is an author and top-producing loan officer.

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Realtors Marketing Loan Officers Sellers 370

Housing Wire

NOVEMBER 21, 2024

A big reason for that is loan officers don’t always ask the right questions to understand the borrower’s real needs.” Another advantage is that Nelson was very pleased with his own loan officer for a unique reason. “I’m One of the biggest complaints we often hear about the product is that it’s confusing.

Mortgage 362

Mortgage Loan Officers Tools Lending 362

Housing Wire

NOVEMBER 13, 2024

In a new episode of “The Loan Officer Podcast,” host Dustin Owen chats with John Cornish of Iowa-based Key Mortgage Group about his path into the industry, tips for scaling a mortgage lending business and how to avoid stagnation as a loan originator. This interview has been edited for length and clarity.

Mortgage 366

Mortgage Loan Officers Lending Business 366

Housing Wire

OCTOBER 17, 2024

The average number of preapproved borrowers per loan officer decreased slightly to 28.5 The average preapproval loan amount increased by 26% to $388,215 in Q3, up from $308,681 in Q2. in the third quarter, down from 29 in Q2 2024, the company said in its quarterly Homebuyer Intelligence report.

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Loan Officers Mortgage Technology 468

Housing Wire

NOVEMBER 18, 2024

billion in mortgage loans in the last 12 months, according to the mortgage tech platform Modex estimates. Most of it is conventional (52%) and purchase (75%) loans. AnnieMac has 447 sponsored loan officers and 74 active branches as of Monday, per the Nationwide Multistate Licensing System (NMLS).

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Loan Officers Mortgage Business Retail 386

Housing Wire

MARCH 12, 2025

Our new platform brings unprecedented speed and certainty to home financing, helping loan officers and their clients win more deals. zavvie said that HomeFAI adoption has surged 155% year over year, with 83% of loan officers switching to the new app that’s available in all 50 states.

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Finance Loan Officers Real Estate Agent Modernization 198

Housing Wire

JANUARY 5, 2024

But this isn’t your standard poaching lawsuit: G-Rate alleges that NAF has wooed at least 30 employees since early 2023 via illegal loan officer compensation practices. The departing employees included a divisional manager, branch and regional managers, and loan officers.

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Loan Officers Retail Law Business 482

Housing Wire

NOVEMBER 14, 2024

Pennymac, a powerhouse in the correspondent channel, produced more than three times more loans, with a total of $79.8 CCM had 4,170 sponsored loan officers in 707 branch locations as of Thursday, per the Nationwide Multistate Licensing System (NMLS). billion in the same period, which was up 10.3% year over year.

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Mortgage Loan Officers Investing Finance 362

Housing Wire

OCTOBER 17, 2024

This is true disruption of the non-licensed tasks performed by armies of traditional customer service reps, loan officers, and processors in the mortgage industry,” Garg added. Kevin Ryan, Better’s chief financial officer, said that the average cost to sell and process a mortgage in the U.S. is nearly $9,000.

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Tools Loan Officers Technology Mortgage 433

Housing Wire

NOVEMBER 13, 2024

He joined Movement in March 2015 to lead the Northeast region, was promoted to chief performance officer in 2020 and president in 2021. Movement had 2,152 sponsored mortgage loan officers and 436 active branches as of Wednesday, per the Nationwide Multistate Licensing System (NMLS).

Mortgage 370

Mortgage Loan Officers Retail Finance 370

Housing Wire

NOVEMBER 20, 2024

billion in mortgages in the last 12 months, most of them purchases (77% of the total) and conventional (90%) loans. The Nationwide Multistate Licensing System (NMLS) shows 87 registered mortgage loan officers as of Wednesday. According to the mortgage tech platform Modex , HSBC originated about $3.5

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Loan Officers Lending Development Investing 415

Housing Wire

MARCH 19, 2025

SW: How do you attract high quality loan officers and other mortgage professionals? We think that the loan officer is as critical as they have ever been. Our engineering team has done a very good job at making Betsy much more humanized. What can we do to arm them with more tools make them more productive?

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Loan Officers Technology Retail Architecture 308

Housing Wire

DECEMBER 19, 2024

Learn about his role in transforming loan officer experiences and using technology to revolutionize mortgage processes. Montana to Mortgage: Jon Foys Journey of Innovation and Impact HousingWire presents episode one of four from Mortgage Mavericks, The People of Polly.

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Mortgage Loan Officers Technology Marketing 364

Appraisal Buzz

NOVEMBER 6, 2024

For personalized guidance, buyers should seek advice from a trusted loan officer. Increasing the down payment decreases the loan size and the risk for the lender, which may mean they can offer a lower mortgage rate. Put more money down. To read the full report, including more data, charts, and methodology, click here.

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Buyers Marketing Sellers Loan Officers 370

Housing Wire

JANUARY 31, 2025

John Porath “John’s leadership and ability to connect with loan officers will be instrumental in driving our core conviction of growth and success for the region. We’re excited to welcome him to the Evergreen Home Loans family.” His career began in 1989 as a loan officer with Norwest Mortgage.

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Loan Officers Real Estate Agent Construction Government 271