Housing Wire

APRIL 17, 2024

“You don’t normally think about a lending platform [as a tool] to use to drive growth, but in our case, it’s a key contributing factor to our ability to recruit.” In many systems, loan officers have to live in the same system as the back-office personnel and not have a system that’s optimized for their role,” Aach said. “In

Business 419

Business Loan Officers Mortgage Lending 419

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. The lender has about 80 loan officers and aims to hire up to 100 in states. How many times have they refi’d?

Loan Officers 389

Loan Officers Agents Retail Technology 389

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. At UWM we focus on our client service, operational efficiency and speed to close loans. Blink+ is a white-label, borrower-facing digital application tool.

Tools 321

Tools Training Technology Clients 321

Housing Wire

MARCH 15, 2021

HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. HW: What are some strategies that retail lenders should look at adopting from direct-to-consumer lending? According to the J.D. Power 2020 U.S.

Lending 402

Lending Retail Mortgage Loan Officers 402

Housing Wire

FEBRUARY 10, 2023

The GAssist portal will provide its partners, which include community banks, credit unions, and brokers, with tools that will allow them to better manage borrower expectations, from guided originations to processing tools, according to a press release on the roll-out. The tools are housed within the secure application portal.

Retail 354

Retail Tools Loan Officers Design 354

Housing Wire

OCTOBER 11, 2022

Mortgage Coach , a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform.

Mortgage 376

Mortgage Loan Officers Open Houses Retail 376

Housing Wire

NOVEMBER 13, 2024

The New York-based digital homeownership platform saw its revenue take a dip as it continues to invest in artificial intelligence (AI) and build out its retail channel. Betsy uses Better’s loan engine, Tinman, and is a product the company hopes to white label and bring public in the near future, Garg confirmed on the earnings call.

Retail 289

Retail Mortgage Loan Officers Technology 289

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. Desmond Smith: There are two ways to get a mortgage — wholesale or retail.

Mortgage 342

Mortgage Retail Lending Loan Officers 342

Housing Wire

FEBRUARY 14, 2023

Insellerate Modern CRM, Engagement & Customer Intelligence Platform Insellerate helps loan officers close more loans with our award-winning modern CRM, Lead Management, and Engagement platform, which handles all your lending channels, retail, wholesale, TPO, Consumer Direct, and Reverse.

Loan Officers 288

Loan Officers Modernization Real Estate Agent Retail 288

Housing Wire

MARCH 6, 2024

CMG’s financial wellness approach wins over each customer with a seamless combination of experienced human advisors and easy-to-use digital tools,” said Paul Akinmade, CMG’s financial chief marketing and strategy officer. The company has been aiming to grow its market share in originations through mergers and acquisitions.

Loan Officers 355

Loan Officers Retail Tools Investors 355

Housing Wire

JANUARY 31, 2023

. “I didn’t want to just jump for money,” Miller said, noting that some lenders with lower rates have complexities of putting together a loan — and transferring over existing clients’ loans is a different process for every company. It also underwrites conventional loans and works as a marketing tool for LOs.

Mortgage 384

Mortgage Loan Officers Retail Finance 384

Housing Wire

FEBRUARY 16, 2024

Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States. We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. That’s why we started NAF Cash.

Loan Officers 403

Loan Officers Retail Clients Real Estate Agent 403

Housing Wire

SEPTEMBER 23, 2022

The acquisition will strengthen Thrive’s retail channel and bring with it new territories amidst arguably the most challenging mortgage market since the early 1980s. . Thrive’s chief operations officer Selene Kellam , who designed the lender’s operations workflow, will be the chief executive officer starting in 2023.

Mortgage 369

Mortgage Retail Loan Officers Technology 369

Housing Wire

DECEMBER 14, 2024

start the conversation, the duo dive into the details of Guilds acquisition of retail mortgage rival Academy Mortgage in February 2024. We’re a retail channel, full-service lender. We want to be able to provide a tool for any customer along their aging lifestyle. This interview has been edited for length and clarity.To

Loan Officers 303

Loan Officers Mortgage Retail Design 303

Housing Wire

OCTOBER 31, 2022

Michael Brennan, president of Movement, said Waggoner can empower loan officers with the tools they “need to win.”. “I’m excited to translate this vision into transformational action across our technology platform by putting the best tools in the hands of our loan officers,” Waggoner said in a statement. .

Loan Officers 341

Loan Officers Mortgage Technology Tools 341

Housing Wire

OCTOBER 22, 2021

This week’s HW+ spotlight features Karen Mayfield, head of National Retail Sales at Wyndham Capital Mortgage. In her role, Mayfield is tasked with expanding on the company’s digital roots into the retail mortgage environment. Karen Mayfield: Loan officers. So why do I need an expensive loan officer?

Loan Officers 324

Loan Officers Retail Mortgage Tools 324

Housing Wire

JULY 25, 2022

Signing bonuses are still here to stay for distributed retail LOs because top-producing LOs have always been in demand, said Jim Cameron, author of a report on signing bonuses from Stratmor Group. Distributed retail is still a relationship-based business, especially in a purchase-dominated market.

Marketing 316

Marketing Retail Loan Officers Mortgage 316

Housing Wire

DECEMBER 1, 2022

San Diego, California-headquartered retail lender Guild Mortgage is staying true to its words of expanding through acquisitions. Guild, a purchase-focused lender with a distributed retail model, reported a total in-house origination of $4.4 The executive mentioned before that companies should “ consolidate or exit the business.”.

Mortgage 385

Mortgage Retail Loan Officers Tools 385

Housing Wire

JUNE 28, 2023

After all, the average retail lender lost nearly $2,000 per loan in the first quarter, and I expect losses to be similar in Q2 and elevated in Q3. For the mortgage industry, more often it’s about making the very hard choices these days – exiting a channel, deciding which star performer to let go, etc.

Mortgage 334

Mortgage Retail Investing Open Houses 334

Housing Wire

APRIL 1, 2024

I think loan officers are getting used to the rate environment as it is now, versus hanging on to the idea that they’re going to get better and things will pick up.” Parks has overseen other changes in the division, including growth of its third-party associate channel that works alongside Longbridge’s loan officer corps.

Loan Officers 359

Loan Officers Training Business Retail 359

Housing Wire

DECEMBER 20, 2022

I have about five loan officers helping me, and I have more than 30 processors and assistants helping me. CK: Has there been layoffs at Loan Factory as well? Nguyen: I would say more than 100 layoffs at Loan Factory, and many of them also left voluntarily. Most of the signing bonus came from retail lenders.

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

DECEMBER 19, 2024

Planet Home Lending announced Thursday that it has hired Candice McNaught as senior vice president of business development and strategic initiatives for its distributed retail channel. In her previous role at Supreme, McNaught oversaw 200 branch locations and a national network of more than 700 loan officers.

Lending 312

Lending Loan Officers Retail Modernization 312

Housing Wire

JULY 18, 2022

Purchase-focused lenders that didn’t balloon in size to capture refinancing business during the boom, in particular, are looking to hire loan officers. And mortgage brokerages, which don’t have the burden of high overhead, are heavily recruiting retail LOs whose pipelines have thinned in recent months.

Mortgage 475

Mortgage Brokerage Retail Business 475

Housing Wire

OCTOBER 12, 2022

Our partnership empowers these talented and dedicated professionals to adopt digital tools while maintaining the quality service and jurisdictional expertise necessary for the ideal consumer experience,” stated Kosta Ligris, Founder and CEO of Stavvy, in the release.

Law 408

Law Real Estate Retail Agents 408

Housing Wire

MARCH 14, 2024

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot , recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper into the current reverse mortgage business environment, she offered additional perspectives on multiple topics.

Mortgage 361

Mortgage Clients Loan Officers Tools 361

Housing Wire

AUGUST 17, 2022

Mortgage lender Angel Oak Home Loans has implemented SimpleNexus ‘ all-in-one mortgage app to streamline its loan origination process. The Atlanta mortgage lender, which offers agency and non-qualified mortgage (non-QM) products, will implement the tech firm’s Nexus Origination and Nexus Engagement tools.

Lending 350

Lending Real Estate Agent Real Estate Technology 350

Housing Wire

APRIL 23, 2024

Expansive national footprint When asked if the renewed effort in the reverse lending channel would have more of a regional focus before expanding nationwide, Krajewski said that the intention is to offer reverse mortgages in each of the company’s offices across the country. “US However, I really do look at this as a financial planning tool.”

Mortgage 333

Mortgage Loan Officers Investors Business 333

Appraisal Buzz

JULY 12, 2024

Embrace Home Loans reports that loan officer Patrick Holland surpassed $1 billion in career loan originations earlier this month. Our senior leaders support and encourage every loan officer and provide us with all the tools we need to be successful.” “Pat

Loan Officers 195

Loan Officers Retail Tools Clients 195

Housing Wire

JULY 15, 2024

Data is a relevant and valuable tool for assessing where a business or an industry is at any given time. Even without leveraging a huge team of forward loan officers, or an existing brand name or client base outside of reverse, they’ve been able to do impressive things.”

Mortgage 332

Mortgage Retail Loan Officers Finance 332

Appraisal Buzz

MAY 3, 2024

Patelco is California’s fourth-largest credit union mortgage lender by number of loans closed annually. The credit union’s 214 loan officers will use the Empower LOS to originate retail home loans, home-equity loans and home-equity lines of credit (HELOCs).

Loan Officers 195

Loan Officers Modernization Retail Tools 195

Housing Wire

NOVEMBER 20, 2024

Both borrowers and loan officers face a changed—and changing—landscape. Ultimately, long-term success hinges on having the right tools to streamline your processes and enhance productivity for both your clients and business partners. Good leaders create a positive culture within the office. I want that for you, too.

Marketing 315

Marketing Loan Officers Realtors Business 315

Housing Wire

FEBRUARY 16, 2022

SM: I joined this industry as a Retail Mortgage Loan Officer growing to a Broker Owner in my local community and try to apply a simple concept we share with customers and prospects which is the idea of digital lending made simple. HW: What are some of the core building blocks for digital lending? Find more information here.

Lending 330

Lending Technology Tools Loan Officers 330

Housing Wire

JUNE 11, 2021

Thanks to the convenience of online rate-shopping tools, a boost in consumer knowledge of the homebuying process, and a growing number of independent mortgage banks, it is now more difficult than ever to lock in a borrower. Any loan officer knows that securing a deal sometimes requires a reduction to margin. What’s worse?

Tools 302

Tools Mortgage Loan Officers Retail 302

Housing Wire

NOVEMBER 13, 2023

Thus, these systems have evolved over time to provide the necessary backbone for lending operations and ensure compliance, scalability and adaptability across various lending models, from wholesale to retail. Instead, lenders should focus on identifying the right tools for the job and setting realistic expectations for each.

Technology 389

Technology Design Lending Real Estate Agent 389

Housing Wire

SEPTEMBER 14, 2020

Lenders must avail themselves of the best possible tools, but that’s only part of the solution. There is plenty of research that indicates the vast majority of mortgage loan borrowers are not ready to self-originate. But when should the lender inject the loan officer or consultant into the process? Sadly, that’s not true.

Lending 468

Lending Mortgage Technology Business 468

Appraisal Buzz

AUGUST 22, 2024

By integrating our all-in-one LOS with Vice’s sophisticated trading tools, we are providing lenders with a powerful solution that streamlines operations, reduces risk, and ultimately improves their ability to compete in a fast-paced market.”

Marketing 195

Marketing Mortgage Loan Officers Clients 195

Housing Wire

SEPTEMBER 28, 2023

I would say search engine optimization and customized websites for loan officers, those are areas where we’ve had some success. And the CRM — we have our main CRM for retail and a different one for wholesale. But now it’s like, we could have saved 59 loans if we would have followed this process: it means something.

Technology 414

Technology Loan Officers Lending Business 414