Housing Wire

MARCH 26, 2021

The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. The deal will provide $62.8 million to the class members, with the remainder going to plaintiffs attorneys.

Legal 488

Legal Law Open Houses Loan Officers 488

Housing Wire

MAY 10, 2023

You may have seen a picture making the rounds on Housing Twitter and LinkedIn recently. It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey. The house ended up having five offers and sold for $50,000 over ask. But it’s bad for everyone else, agents and loan officers included.

Marketing 397

Marketing Loan Officers Inventory Real Estate Agent 397

Housing Wire

JULY 1, 2021

In the lender’s direct marketing and open house materials, the models were white. The lender’s offices were concentrated in white neighborhoods, and nearly all of its loan officers were white. The CFPB also found that loan officers sent internal emails “containing racist and derogatory content.”.

Loan Officers 501

Loan Officers Realtors Open Houses Law 501

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. A sales manager, who requested anonymity, said that he helps newbie LOs by reviewing their strategies to pull in business at open houses.

Marketing 418

Marketing Real Estate Agent Loan Officers Advertising 418

Housing Wire

DECEMBER 29, 2023

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. A successful loan officer in this market needs a very capable qualified assistant.

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Mortgage Loan Officers Inventory Business 476

Housing Wire

AUGUST 30, 2021

The DOJ also claims that bank loan officers did not serve the credit needs of majority-Black and Hispanic neighborhoods, and that Cadence’s outreach and marketing avoided minority neighborhoods. . In the lender’s direct marketing and open house materials, the models were white.

Lending 418

Lending Loan Officers Advertising Development 418

Housing Wire

MARCH 1, 2023

The API integration will allow lenders to bring product offerings to open houses, allowing them to engage borrowers “earlier in the lifecycle,” and will also enable lenders to better support co-marketing partners like real estate agents and loan officers.

Real Estate Agent 370

Real Estate Agent Technology Open Houses Loan Officers 370

Housing Wire

APRIL 12, 2023

Many are curious about buydowns but we are currently operating in what is still a seller’s market so not seeing many seller-funded buydowns,” a loan officer in Boston noted. a loan officer in Washington noted. Our goal is to strengthen our Realtor partners relative to their competitors.

Marketing 416

Marketing Mortgage Loan Officers Real Estate Agent 416

Housing Wire

JUNE 28, 2023

In our quarterly HousingWire LenderPulse survey , we asked retail loan officers, branch managers, C-suite execs, brokers and others how they feel about the market, where they expect rates to be in Q3, and what they’re doing to reduce costs. Money’s tight and lenders are plugging holes in the boat, not buying a new engine.

Mortgage 370

Mortgage Retail Investing Open Houses 370

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

NOVEMBER 20, 2024

Both borrowers and loan officers face a changed—and changing—landscape. Attend open houses, connect with local realtors, and engage with potential clients. Today, we see agents and business partners more open to conversations than ever before because people aren’t connecting like they used to.

Marketing 370

Marketing Loan Officers Realtors Business 370

Housing Wire

OCTOBER 20, 2023

Advertise open houses Post about open houses to both your grid and stories multiple times leading up to the event, as this ensures that it will reach the most people. It’s also important to include the details of the open house in the photo in addition to your caption.

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Real Estate Agents Real Estate Agent Decorating 435

Housing Wire

JUNE 27, 2023

Other responses included cutting down excessive incentives, business trips, open houses and sponsorships. Just under 25% of the respondents said they would cut down on production or origination focus headcount, followed by operational software and solutions (18%); and originations software (8%). Of the 166 completed surveys, 31.9%

Mortgage 370

Mortgage Marketing Tools Open Houses 370

Cornerstone

APRIL 2, 2021

Test out spring-scented candles before your first open house to make sure they’re not overpowering, leaning toward lighter fragrances like herbs, linen, carrot cake, and lemon. After you sell your house and find a new one, we could get you there faster. Connect with a local loan officer now.

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Decorating Buyers Sellers Loan Officers 42

PennyMac

APRIL 5, 2022

Our team of loan officers can help you determine when to start the pre-approval process. It may not seal the deal for your seller, but in a hot market, showing up to an open house with a pre-qualification letter is certainly better than showing up empty-handed. Not quite sure when to start? Reach out to Pennymac.

Mortgage 36

Mortgage Sellers Finance Buyers 36