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.

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Loan Officers Clients Business Technology 435

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

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.

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Mortgage Loan Officers Tools Lending 362

Appraisal Buzz

FEBRUARY 5, 2025

This includes upgrading technology to serve tech-savvy young buyers better, hiring additional staff, and developing a robust training program to prepare new employees for the increased volume of customers. Brand your recruitment efforts: To attract top-tier loan officers, understand what environment fosters their success.

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Marketing Loan Officers Training Technology 221

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?

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Loan Officers Training Development Technology 370

Housing Wire

MARCH 7, 2025

After branching out into executive coaching and training, he founded UHM’s in-house training program, Partners Coaching Partners. ” Alonzo arrives at UHM with 25 years of mortgage and banking experience, most recently at Caliber Home Loans. . UHM, a growing independent mortgage bank, originated about $7.6

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Housing Wire

JANUARY 3, 2025

A lot of forward originators dont want to go through extensive training or certification for a product they may only work with occasionally, Sciandra said. At these sales rallies, which often gather 100 or more loan officers in a room, we have the opportunity to sit down together, she said.

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Mortgage Lending Loan Officers Training 418

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. 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. to originate mortgages anywhere at any time.

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Loan Officers Technology Tools Training 385

Housing Wire

SEPTEMBER 16, 2022

Loan Officer Freedom. Host Carl White, founder of The Mortgage Marketing Animals loan officer coaching program, shares insights for loan officers on how to close more while working less. Loan Officer Leadership. 10 Loans a Month. The Loan Officer Podcast. Housing News.

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Loan Officers Mortgage Lending Modernization 435

Housing Wire

AUGUST 8, 2022

HousingWire: Given the recent news about a few non-QM lenders shutting down, some loan officers might be hesitant about working with non-QM. What would you say to those loan officers? HW: What strategies can loan officers employ to win with non-QM in the second half of 2022?

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Lending Loan Officers Training Investors 395

Housing Wire

FEBRUARY 16, 2024

To take advantage of the shifting market, two key areas that loan originators should be focusing on are “nurturing and cementing relationships with preapproved borrowers,” said Tim Braheem, founder and chief content creator of The Loan Atlas.

Mortgage 434

Mortgage Marketing Loan Officers Training 434

Housing Wire

JUNE 2, 2022

NCRC testers made inquiries about mortgage financing with a loan officer at Movement Mortgage, Dave Skow, on two occasions, four months apart, during 2021. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019.

Mortgage 418

Mortgage Training Loan Officers Lending 418

Housing Wire

FEBRUARY 10, 2022

If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. “They’re doing the same exact training every single year, ” he said. These 400 loan officers are just the ones that got caught in a specific scam.

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Loan Officers Law Training Lending 396

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 434

Loan Officers Training Business Retail 434

Appraisal Buzz

DECEMBER 10, 2024

Here is a few ways that management can help get the entire team on board to foster this change: Educate Employees: Everyone involved in the mortgage process, from loan officers to quality control teams, should clearly understand the benefits of the new workflows, as they affect both lender and consumer.

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Technology Loan Officers Mortgage Training 399

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. For example, Realfinity pays LOs 1.4%

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Real Estate Agent Loan Officers Real Estate Agents 485

Housing Wire

MARCH 27, 2024

Forward-reverse divide With the addition of more forward mortgage companies to the space recently, a natural question comes up about what kind of professionals to hire — either dedicated reverse mortgage specialists who know how this kind of transaction works, or forward specialists who can be trained in the particulars of reverse.

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Business Mortgage Loan Officers Training 456

Housing Wire

FEBRUARY 20, 2024

The changing role of the LO One of the strongest indicators of this transformation is the changing role of the loan officer (LO). To succeed, companies will need to empower their teams with the tools, training and decision-making authority to help them win share on a loan-by-loan, borrower-by-borrower basis as quickly as possible.

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Loan Officers Technology Lending Tools 433

Housing Wire

APRIL 10, 2024

Debbie launched the marketing campaign for “A Seat at the Closing Table,” designed to train loan officers on the nuances of working with underserved borrowers and to offer toolkits and templates that will help them close more loans in minority communities.

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Marketing Loan Officers Real Estate Training 429

Housing Wire

SEPTEMBER 25, 2024

loanDepot’s focus is on the sales side, attracting experienced loan officers (LOs) and people who want to join the industry via its accelerated career in effective sales (ACES) program. We’ve been hiring, training and developing our people. We’re overstaffed by design, and we never let sales get ahead of operations.”

Mortgage 457

Mortgage Loan Officers Retail Training 457

Housing Wire

SEPTEMBER 14, 2023

How much training did that take versus the training to have an experienced underwriter? SW: How do people in the mortgage industry react when you talk about manufacturing loans like this? But the median age of homebuyers is like 30 and the median age of loan officers is like 55. AP: People do get upset.

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Loan Officers Technology Mortgage Training 435

Housing Wire

JANUARY 10, 2023

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 We can get them (LOs) running in about 30 days.

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Loan Officers Mortgage Training Finance 395

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

Here are some expectations and recommendations: First , the refi/purchase mix should be carefully evaluated down to the loan officer level. The analysis may expose training needs for respective production teams. But training and trainers must have content. Run a spreadsheet by LO, branch and region.

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Mortgage Training Contracts Loan Officers 476

Housing Wire

MAY 25, 2023

Few loan officers make the purchase product a main part of their business. Real estate agents, loan officers and builders can attract customers they have never captured before. Many of these loan officers have existing relationships with real estate agents and builders,” Cooper said. “If

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Loan Officers Real Estate Agent Real Estate Finance 418

Housing Wire

APRIL 24, 2024

“I don’t do that so much internally right now because we’ve got this separation in retail and wholesale, but my job is to do that for the partners and for the 86,000 loan officers out there not offering reverse mortgages. I knew the first thing we needed to do was to combine our training and marketing approach,” he said.

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Mortgage Loan Officers Training Business 427

Housing Wire

JANUARY 21, 2025

I wanted a way to integrate [students] with these companies to be able to learn about the field and be trained properly to have entry-level jobs, Hoffman said.

Mortgage 369

Mortgage Lending Retail Training 369

Housing Wire

JUNE 22, 2023

AmeriFirst will keep physical branches in 20 states, but under a new corporate model, no branch managers will make an override on the production of the loan officers they manage. Another priority for AmeriFirst Financial is for loan officers to target potential homebuyers before they hit the market.

Loan Officers 368

Loan Officers Mortgage Real Estate Agent Business 368

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. Interfirst boasted of its ability to train people with no background in mortgage through a rigorous training course.

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Human Resources Loan Officers Retail Training 396

Housing Wire

AUGUST 27, 2020

Opportunities that will be featured include operations coordinators, SAR underwriters, loan officers and loan specialists, to name a few. “We We are looking for candidates who are looking for a place to call home, not necessarily their next stop on the job train,” Wollard said.

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Loan Officers Training Business Mortgage 437

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.

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Legal Law Open Houses Loan Officers 488

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?”

Mortgage 454

Mortgage Loan Officers Technology Tools 454

Housing Wire

APRIL 20, 2023

Denver-based brokerage franchise Motto Mortgage , owned by RE/MAX , has accused broker shop UMortgage of “tortious interference” in its contract with a former franchisee called TRB Solutions, whose controlling member was Breon Price, the top-producing loan officer. According to a lawsuit filed in March in a U.S

Contracts 397

Contracts Loan Officers Best Value Legal 397

Housing Wire

APRIL 12, 2023

None of the surveyed mortgage professionals said staff cuts caused decreased ability to close loans and lack of training were the challenges they faced. 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.

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Marketing Mortgage Loan Officers Real Estate Agent 402

Housing Wire

FEBRUARY 24, 2023

They value a previous underwriter, loan officer or real estate agent’s experience in the industry because these candidates have a deep knowledge of the inner workings of the business. There are many companies that specialize in professional education and career training that could benefit from your experience in the housing industry.

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Loan Officers Real Estate Agent Real Estate Training 396

Housing Wire

SEPTEMBER 27, 2023

The DOJ alleges that the bank also failed to train and incentivize its staff to market and advertise its mortgage services to compensate for its lack of presence in these areas. Ultimately, other banks received four times more loan applications each year in these minority neighborhoods than Washington Trust.

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Advertising Loan Officers Lending Training 457

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

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Lending Real Estate Agent Loan Officers Retail 418