Housing Wire

JUNE 7, 2024

According to a Worker Adjustment and Retraining Notification Act (WARN) notice sent to the state authority, jobs cut include professionals in activities related to bankruptcy, customer care, default, foreclosure and valuations, among others. Layoffs across the company affect different positions, such as analysts, managers and vice presidents.

Loan Officers 452

Loan Officers Retail Valuation Finance 452

Housing Wire

JULY 9, 2021

So much of life radiates from both the location and the valuation of the house a family occupies. The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences. Of these, one stands tall: valuation.

Real Estate 476

Real Estate Business Valuation Technology 476

Housing Wire

NOVEMBER 12, 2020

The company will seek to beat the $4 billion valuation it was given in its most recent $200 million Series D funding round , according to Bloomberg’s anonymous sources. ” That was largely due to heavier loan volumes, which have been driven primarily by refinancings. Better.com could go public as soon as January.

Valuation 497

Valuation Loan Officers Retail Mortgage 497

Housing Wire

JUNE 15, 2022

Savala started out as a loan officer 17 years ago at Western Capital Corporation and was promoted to national account director at Mortgage Coach , where he spent 8 years. . Since then, he has worked extensively on the vendor side of the business, so he understands the value we bring to the industry,” Danna added.

Logistics 370

Logistics Appraisal Loan Officers Valuation 370

Housing Wire

NOVEMBER 2, 2020

Black Knight offers several advanced capabilities that integrate with loan origination systems, including Empower, to help lenders do more in less time, while reducing costs. Black Knight’s integrated software, breadth of data and powerful analytics are transforming every aspect of the loan process. Added Value to Clients.

Lending 435

Lending Valuation Clients Tools 435

Housing Wire

FEBRUARY 7, 2023

The company has 39 active loan officers across its retail branches, according to Modex data. By joining Guild, Legacy loan officers can offer additional mortgage products and specialized loan programs. The operating environment for mortgage originators remains very challenging.

Retail 397

Retail Mortgage Loan Officers Technology 397

Housing Wire

SEPTEMBER 29, 2022

In these 20-minute sessions, attendees will walk away with tangible and actionable information from leaders at mortgage, valuation, real estate and title companies. In a call to all mortgage executives and loan officers, these two speakers are looking to address the way most lenders and loan officers do business.

Loan Officers 397

Loan Officers Real Estate Technology Business 397

Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing.

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

DECEMBER 2, 2020

If you’re thinking about refinancing your mortgage, here are five reasons why you might want to act now and reach out to a loan officer. Ishbia, who will control 94% of the company, is seeking a valuation of about $16.5 5 reasons to refinance your mortgage right now. Presented by: Citi Mortgage.

Mortgage 497

Mortgage Loan Officers Retail Valuation 497

Housing Wire

SEPTEMBER 7, 2023

Loan officers may increasingly place more importance on reaching consumers directly especially when a buyer takes initiative in the homebuying process rather than relying on agents. “If One of the top loan officers in the nation has set up webinars that he does four times a week and he is building up his own pipeline.”

Buyers 418

Buyers Agents Loan Officers Real Estate 418

Housing Wire

MAY 25, 2021

Combined with our newly acquired capabilities such as RON, a notary network and valuation services, Cloudvirga’s platform will accelerate our digital offerings in all markets, complement our existing capabilities and enhance our ability to provide customers with end-to-end mortgage services and solutions.”. million, an increase of $215.6

Mortgage 435

Mortgage Valuation Loan Officers Retail 435

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How is Class Valuation leveraging AI? How is Class Valuation rising to that challenge?

Appraisal 448

Appraisal Technology Modernization Real Estate Agent 448

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. Josh : I am a compliance and valuation consultant based in Colorado. Can’t make the time? Register to receive the full recording in your inbox as soon as it’s over!

Training 366

Training Reconsideration of Value Valuation Appraisal 366

Housing Wire

AUGUST 31, 2023

And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. The answer is simple: Using modern collateral valuation solutions results in both cost and time savings for the borrower. Why do we need them?

Modernization 417

Modernization Appraisal Inspection Valuation 417

Housing Wire

JUNE 30, 2021

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. After all, behind each transaction is somebody’s livelihood and a dream that they’re fulfilling.

Clients 397

Clients Valuation Real Estate Appraisal 397

Housing Wire

APRIL 30, 2022

It was during this time that the two were exposed to the shortcomings of the appraisal and valuation process and took the initiative to transform it themselves. While Reggora focuses on the future of appraisal and valuation, the founders understand that the best tech isn’t rushed. “We

Modernization 369

Modernization Appraisal Appraisal Process Valuation 369

Housing Wire

FEBRUARY 7, 2024

Ultimately, Rithm decided to restructure its origination business at the beginning of 2024, which resulted in cuts to regional and divisional managers at Caliber Home Loans along with reductions in compensation for loan officers. The company’s stock traded at $10.11 on Wednesday morning, down 4.45% after the earnings report.

Valuation 445

Valuation Business Mortgage Loan Officers 445

Housing Wire

JULY 12, 2021

The digital-only lender, whose loan officers don’t make commissions, capitalized on an incredible boom in refinancings. Industry experts say Better will need to prove it can excel during a purchase market to come close to justifying such a valuation. Better is one of America’s fastest-growing lenders.

Brokerage 448

Brokerage Mortgage Loan Officers Finance 448

Housing Wire

OCTOBER 6, 2020

Part of the reason efficiencies from the emerging digital mortgage did not, and still have not, fully translated in the back-office is due to the trust that comes along with the wide-adoption of any new technology. Borrowers were not comfortable turning over their credentials to loan officers or processors. Collateral Valuation.

Technology 476

Technology Mortgage Investors Investing 476

Housing Wire

AUGUST 12, 2020

Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 Among the new products Blend has introduced this year are its digital closing solution for mortgages and home equity loans, a mobile app for loan officers and new reporting tools for lenders. Stay tuned for updates.

Investing 508

Investing Loan Officers Technology Development 508

Housing Wire

APRIL 1, 2024

However, during the company’s valuation process, when financial professionals reviewed its books, discoveries of aviation purchases led him to confront Kortas, resulting in his termination as president of NEXA, Grella added. billion in mortgage loans in 2023, according to Kortas. But that’s not the case for the aviation business.

Brokerage 445

Brokerage Business Loan Officers Legal 445

Housing Wire

FEBRUARY 21, 2023

It also holds great promise in attracting a new generation of bright, talented appraisers who may have otherwise not given the mortgage valuations industry a second look. Valuations – Hybrid and desktop appraisals allow appraisers to focus on appraisal quality and output rather than losing precious hours in transit.

Modernization 369

Modernization Technology Valuation Real Estate Agent 369

Housing Wire

NOVEMBER 7, 2023

A good example here is CoreLogic buying a POS this year and bringing it together with their valuation and automated underwriting capabilities. This makes the POS more relevant as a loan manufacturing tool, giving loan officers and underwriters a more complete borrower and property profile sooner in the process.

Mortgage 434

Mortgage Loan Officers Valuation Tools 434

Housing Wire

JUNE 8, 2022

The firm’s software — which it says streamlines the loan origination process by allowing document sharing and communication between loan officers and real estate agents — helped to close more than 77,000 mortgage applications per month, according to Porch. So it’s like middle-office, later stage workflow. Halbrook said.

Mortgage 397

Mortgage Technology Loan Officers Investing 397

Housing Wire

JANUARY 14, 2022

HomeSmart has yet to give itself a valuation or declare how much money it seeks to raise in a public offering. Last Friday, HomeSmart filed an “ S-1 ” with the Securities and Exchange Commission , a document that conveys HomeSmart’s intention to sell company shares to prospective investors and the public.

Brokerage 448

Brokerage Real Estate Agents Loan Officers 448

Housing Wire

JUNE 6, 2022

Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark. The latest round of WARN notices will impact 59 loan officers in the Thousand Oaks, Pasadena, and Roseville offices. Rosemont, Illinois-based Interfirst Mortgage Co.

Mortgage 448

Mortgage Loan Officers Lending Human Resources 448

Appraisal Buzz

OCTOBER 3, 2022

According to the Uniform Standards of Professional Appraisal Practice (USPAP), the rules that all professional appraisers are required to abide by, appraisers must take into consideration all market trends and other influences on property value in their valuation opinions. USPAP Rule 1-3 (d) (v) makes this clear.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

APRIL 17, 2023

Interestingly, our company gets a lot of insight about what customers want and/or customer issues from our loan officers. Finally, as long as servicing valuations remain high, and origination volume stays at current depressed levels, we’ll see a fair amount of MSR trades to help lenders meet the bottom line.

Loan Officers 393

Loan Officers Investors Valuation Real Estate 393

Housing Wire

DECEMBER 13, 2024

Connecticut-based Planet, founded in 2007, had 236 sponsored loan officers and 47 active branches as of Friday, according to the Nationwide Multistate Licensing System. The company originated about $13.5 billion in mortgages between January and September, marking a 33.7% Regarding its servicing book , Planet reached $97.5

Retail 333

Retail Loan Officers Investors Lending 333

Housing Wire

AUGUST 23, 2023

Mortgage lenders and loan officers said they are navigating the challenging landscape by going “back to the basics,” which means offering 30-year fixed loans to borrowers with the expectation that they will be able to refinance down the road. Inventory this past week last year was above 550,000 homes.

Mortgage 370

Mortgage Loan Officers Inventory Housing Market 370

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. In early June, luxury-focused Side , which has raised more than $200 million at a valuation of $2.5 The last two years have been good to Christian Dicker.

Housing Market 468

Housing Market Marketing Brokerage Real Estate 468

Housing Wire

OCTOBER 4, 2023

Top recommended AI application ideas included compliance, underwriting and property valuation. About 22% of surveyed lenders responded they started deploying AI or ML on a limited or trial basis, a jump from only 13% in 2018.

Technology 434

Technology Lending Valuation Mortgage 434

Appraisal Buzz

MAY 17, 2021

This left the appraiser wide-open to being a target of “a series of errors” that affected the credibility of the valuation results. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. Some appraisers are reticent to address increasing trends now.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

OCTOBER 7, 2022

HW: How can real estate agents and loan officers collaborate to foster strong relationships with clients despite rising rates? supports over 100 large real estate brokerages and customer leads have run over $1 Trillion in sales opportunities through Percy.ai’s Home Valuation Pages. being brought into existence. In 2021, Percy.ai

Housing Market 396

Housing Market Real Estate Agent Marketing Real Estate 396

Housing Wire

JULY 3, 2024

For instance, we started working with machine learning for automated valuation models back in 2017. At Clear Capital, we started using machine learning for our automated valuation model in 2017. This is especially true for machine learning, since much of the “AI” happens before you really interact with it as a user.

Training 432

Training Tools Lending Valuation 432

Housing Wire

OCTOBER 1, 2024

Training for refinance preparedness : With potential market shifts on the horizon, organizations are investing in training loan officers to handle refinances effectively. In this environment, lenders must pay close attention to mortgage servicing rights (MSR) valuations and the fees charged to borrowers throughout the loan process.

Marketing 420

Marketing Training Technology Loan Officers 420

Housing Wire

MAY 9, 2023

It’s a huge step forward for lenders who want to offer a fast, convenient digital mortgage experience that will keep their borrowers and loan officers happy even in high volume markets.” “With the Appraisal Marketplace, we’ve made getting an appraisal done as simple as ordering a ride from Uber.

Appraisal 392

Appraisal Inspection Loan Officers Mortgage 392