Housing Wire

JUNE 17, 2022

Do loan officers need more technology than they currently have? Most loan officers do not believe they need more tech than they have now. Most loan officers do not believe they need more tech than they have now. Being a loan office hasn’t changed. Being a loan officer (LO) hasn’t changed.

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Loan Officers Technology Training Design 427

Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. 8 on the Inside Mortgage Finance ranking of top originators at just under $40 billion. 1 mortgage company in America. 1 mortgage company in the country.

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Loan Officers Clients Business Technology 435

Housing Wire

MARCH 7, 2025

Union Home Mortgage (UHM) on Friday announced two changes to its executive leadership team, just days after the company grew its footprint through the acquisition of NRL Mortgage. Ohio -based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer.

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Mortgage Training Loan Officers Technology 198

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

JANUARY 21, 2025

The Mortgage Bankers Association (MBA)s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University. Last week, our first class was led by Jen Peachman from GVC Mortgage. 15 and goes until the end of April, Hoffman told HousingWire. Lectures are done by MBA members.

Mortgage 369

Mortgage Lending Retail Training 369

Appraisal Buzz

FEBRUARY 5, 2025

The mortgage industry has experienced significant contraction over the past two years, adjusting operations to align with the reduced demand for refinance and purchase financing. This decline, primarily driven by mortgage interest rates, which have more than doubled during this period, may soon be reversed.

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Marketing Loan Officers Training Technology 221

Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Buzz : Why do AMCs need the training?

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Training Reconsideration of Value Valuation Appraisal 366

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Mortgage Marketing Radio.

Loan Officers 435

Loan Officers Mortgage Lending Modernization 435

Housing Wire

MARCH 27, 2024

New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending.

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Business Mortgage Loan Officers Training 456

Housing Wire

SEPTEMBER 25, 2024

Applicants hoping to get a mortgage job in 2024. After cutting to the bone over the past three years, several large mortgage lenders are beginning to ramp up hiring. The data includes employees at parent companies and subsidiaries, in mortgage lending, servicing and other activities.) Image created by AI in Midjourney.)

Mortgage 457

Mortgage Loan Officers Retail Training 457

Housing Wire

JUNE 2, 2022

Movement Mortgage will pay $75,000 to resolve allegations of racial discrimination, in violation of the Fair Housing Act, identified by undercover testers from the National Community Reinvestment Coalition. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019.

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Mortgage Training Loan Officers Lending 418

Housing Wire

JANUARY 9, 2024

360), an online regulated training provider, acquired Mortgage Educators and Compliance (MEC), a mortgage lending training company, both companies announced this week. MEC prides itself as a “one-stop online resource for all things mortgage training and education.” 360training.com, Inc.

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Training Mortgage Lending Real Estate 444

Housing Wire

OCTOBER 22, 2020

Frankly, what will be left in the refi market will likely be harder credit quality transactions that a hungry mortgage origination industry will turn to as volumes drop. Here are some expectations and recommendations: First , the refi/purchase mix should be carefully evaluated down to the loan officer level. Conclusions ?

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Mortgage Training Contracts Loan Officers 476

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? .

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Mortgage Loan Officers Technology Tools 454

Housing Wire

FEBRUARY 16, 2024

Cautious optimism is prevalent in the mortgage industry for 2024 as industry professionals anticipate the recovery of lost origination volume. Our mission is to help loan originators become better at what they do in every aspect of their business and in their life,” Braheem said. “Our

Mortgage 434

Mortgage Marketing Loan Officers Training 434

Housing Wire

APRIL 24, 2024

As any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges , the narrow focus of the product and low mortgage market penetration are just a few of the reasons why. With the right ambassador, that task is made simpler.

Mortgage 427

Mortgage Loan Officers Training Business 427

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

Loan Officers 370

Loan Officers Training Development Technology 370

Housing Wire

JANUARY 10, 2023

American Pacific Mortgage (APM) has scooped up roughly 150 employees from 20 AmeriFirst Financial Inc. Not every loan officer that wanted to join APM was hired, however. The focus was on high-producing and profitable branches — and the loan officers who were part of those branches were brought over, Lowman explained. . “We

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Loan Officers Mortgage Training Finance 395

Appraisal Buzz

DECEMBER 10, 2024

Few, if any, industries in the world have experienced such dynamic shifts in recent years as the mortgage industry. Mortgage lenders are no longer restricted to traditional and often time-consuming processes that have historically bogged down the loan journey. The mortgage market is more competitive than ever.

Technology 399

Technology Loan Officers Mortgage Training 399

Housing Wire

MAY 25, 2022

Keller Mortgage , part of the kwx holding company, laid off operations positions in a conference call on Monday May 23, according to more than a dozen employees. Each pod has about 15 employees consisting of loan officers, processors, closers, underwriters, supervisors, and funders, according to multiple employees. .

Mortgage 418

Mortgage Loan Officers Retail Training 418

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. The spread between the 30-year fixed-rate mortgage and the 10-year Treasury yield has narrowed after sitting at over 300 basis points, compared to the historic norm of 150 bps.

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Mortgage Loan Officers Inventory Business 476

Housing Wire

JUNE 22, 2023

relaunched its forward mortgage originations. It ceased that business in December 2022 after rising mortgage rates wreaked havoc on the housing industry. Of the 400 employees scooped up by American Pacific Mortgage (APM) late last year, about 20 LOs have returned to AmeriFirst Financial. In 2022, AmeriFirst closed $2.5

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Loan Officers Mortgage Real Estate Agent Business 368

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. An additional 21% closed 1.5

Business 459

Business Mortgage Loan Officers Inventory 459

Housing Wire

DECEMBER 9, 2022

Margin compression, higher mortgage rates, and a purchase-focused market are dictating more sales process control among loan officers and fewer layers of bureaucracy in retail lenders. billion from the start of the year, consisting of 70% purchase mortgages. The lender originated a volume of $1.8 Hiring local, top talent.

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Retail Mortgage Real Estate Agent Loan Officers 435

Housing Wire

APRIL 12, 2023

With the mortgage industry still rightsizing, mortgage professionals are worried about regulation of the industry and inflation that thins already tiny margins. of the surveyed mortgage professionals said loans falling through was the biggest challenge, ranking as the second most challenging factor. About 19.4%

Marketing 402

Marketing Mortgage Loan Officers Real Estate Agent 402

Housing Wire

MAY 4, 2022

LoanSnap has unveiled a cloud-based portal called LoanFLow that will allow licensed brokers and loan officers in the U.S. to originate mortgages anywhere at any time. The company says its new LoanFlow portal will allow originators to close loans in as little as 24 hours and in 15 days on average, the company said.

Loan Officers 385

Loan Officers Technology Tools Training 385

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. Most experts believe that it’s only a matter of time before mortgage rates come down.

Mortgage 485

Mortgage Technology Tools Business 485

Housing Wire

NOVEMBER 23, 2021

Chicago-based Interfirst Mortgage Co. will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. In returning from its three-year hiatus, Interfirst said it had reinvented itself as a tech-forward mortgage lender.

Mortgage 397

Mortgage Loan Officers Retail Technology 397

Housing Wire

JANUARY 9, 2025

The Mortgage Firm , a Florida-based mortgage lender, has agreed to invest $1.5 A spokesperson at The Mortgage Firm told HousingWire thatthroughout its 29-year history, the company has been committed to providing equal credit access to all communities within its lending footprint. million to settle a redlining case with the U.S.

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Investing Mortgage Lending Law 391

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. In 2012, Dmitry Godin was seemingly on top of the world.

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

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Real Estate Agent Loan Officers Real Estate Agents 485

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HW: How has wholesale changed over the past 2–3 years?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

DECEMBER 16, 2022

For those of us in the mortgage industry, the next 100 days is meaningful as it will be a period that requires the most focus and greatest amount of perseverance. Dustin Owen Waterstone Mortgage Contributor. Mortgage rates have doubled, and homebuyers are acting as if every seller has the plague. Want to train for a marathon?

Mortgage 418

Mortgage Loan Officers Training Housing Market 418

Housing Wire

JANUARY 25, 2023

About 25 people from loanDepot ’s top producing team have joined boutique lender Revolution Mortgage to reunite with their former team lead. After Chevalier left for Revolution Mortgage in December, loanDepot gave the team an ultimatum to either work for another loanDepot team or leave, a former loanDepot employee told HousingWire. “We

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

JUNE 6, 2022

It’s a tough time for mortgage lenders. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses over the last six months. Nonbank lenders such as Pennymac , Mr. Cooper , loanDepot , Guaranteed Rate , Fairway Independent Mortgage , Interfirst Mortgage Co.,

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Mortgage Loan Officers Lending Human Resources 448

Housing Wire

JANUARY 10, 2024

Rapidly expanding Cleveland, Ohio-based CrossCountry Mortgage (CCM) has struck a deal to acquire the smaller retail mortgage lender AmCap Home Loans and bolster its operations in Texas. billion in loans in 2023. 10, AmCap had only 43 sponsored LOs due to some having already transitioned to CCM.

Retail 428

Retail Mortgage Loan Officers Training 428

Housing Wire

SEPTEMBER 16, 2024

At the end of August, Guild Mortgage announced a suite of products under the name “ Flex Payment Mortgage ,” which includes Home Equity Conversion Mortgage ( HECM ) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans.

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Mortgage Business Loan Officers Investing 427