Housing Wire

JANUARY 5, 2021

In a statement confirming the deal Tuesday afternoon, Guaranteed Rate said the acquisition of Stearns would enable a boost in retail loan originations and further scale its JV platform, while also developing “new multichannel capabilities.”

Lending 538

Lending Retail Real Estate Agent Brokerage 538

Housing Wire

JULY 1, 2024

He will ensure we deliver an exceptional customer experience to @Properties’ real estate agents’ clients, and he will definitely help solidify Proper Rate as the premier boutique mortgage company in the industry.” He was chief retail production officer at the time of his departure in 2019.

Retail 448

Retail Brokerage Real Estate Agent Real Estate 448

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. And, according to Covey, the changes are necessary in traditional retail lenders to navigate the industry headwinds. “LOs It’s the local relationships.

Retail 435

Retail Mortgage Real Estate Agent Loan Officers 435

Housing Wire

JANUARY 11, 2023

“Sometimes 10-20 basis points is all an LO needs to win over a real estate agent or get creative on a borrower’s loan,” the company said in a statement. . For most of 2022, UWM had an aggressive pricing strategy in place to gain market share and attract loan officers from the retail to the wholesale channel.

Loan Officers 476

Loan Officers Retail Real Estate Agent Government 476

Housing Wire

FEBRUARY 22, 2024

The Cleveland -based retail mortgage lender unveiled CCM CashPlus to help buyers gain an edge in the bidding process by turning preapprovals into cash offers. The product is limited to conventional loans, primary residences and buyers who are represented by a real estate agent. “In

Mortgage 435

Mortgage Real Estate Agent Retail New Listings 435

Housing Wire

AUGUST 25, 2022

With the deal, Movement adds the brokerage’s more than $400 million in annual sales volume and 48 employees, including loans officers, support staff and executive members, to serve homebuyers and real estate agents in the Greater Boston Area. . The company was first established in the New England region in Rhode Island.

Brokerage 497

Brokerage Mortgage Loan Officers Real Estate Agent 497

Housing Wire

AUGUST 1, 2023

Its centralized call center business model, which Rocket relied upon to dominate an unprecedented refi market , isn’t as durable when interest rates are high, there are few refi opportunities and having strong relationships with real estate agents is what brings home the bacon. And Rocket is well aware.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite.

Lending 418

Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

FEBRUARY 11, 2021

Online retail lender loanDepot raised just $54 million by offering 3.9 LoanDepot, the second-largest retail-focused IMB in the country, had initially planned to raise about $362.5 But it noted that its retail strategy is more developed. million shares at $14 on Thursday, far below the range of $19 to $21 it initially had sought.

Retail 435

Retail Real Estate Agent Finance Valuation 435

Housing Wire

JANUARY 17, 2024

Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate agents and offer educational material around the home buying and refinancing processes, along with a database of independent mortgage brokers near them, said UWM in a news release Wednesday.

Mortgage 468

Mortgage Real Estate Agent Modernization Retail 468

Housing Wire

DECEMBER 17, 2021

The Tech100 Real Estate Award recognizes the 100 technology companies that are changing the home sales process forever – from home search to lead management solutions, and remote closing to transaction management software. million agents as of last year. million borrowers and 140,000 real estate partners as of 2020.

Real Estate Agent 418

Real Estate Agent Real Estate Retail Technology 418

Housing Wire

OCTOBER 16, 2023

The winners have spent 2023 focused on strengthening relationships with real estate agents , educating borrowers and improving their marketing strategies. We’ve seen a massive shift in retail LOs transitioning to the wholesale channel, and we expect this trend to continue. HW: We know rates will drop at some point.

Business 448

Business Real Estate Agent Marketing Clients 448

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 369

Loan Officers Modernization Real Estate Agent Retail 369

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. According to Saleh, Zoom Home Lending is licensed in several states and works with real estate agents for leads.

Lending 459

Lending Brokerage Human Resources Real Estate Agent 459

Housing Wire

FEBRUARY 8, 2021

In its prospectus, loanDepot talks at length about its partner business , which includes third-party-originations via mortgage brokers and real estate agents, as well as joint-ventures with builders and other referral partners. But it concedes that its retail strategy is more fully baked.

Valuation 482

Valuation Retail Lending Real Estate Agent 482

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. Cliffco’s proprietary CRM platform enables loan officers to break away from being heavily dependent on real estate agents for referrals. “In

Loan Officers 418

Loan Officers Agents Retail Technology 418

Housing Wire

JANUARY 28, 2025

Whats more, you can also get what you need quickly; the brand can deliver within an hour from a local shop or retailer. This strategy requires a lot of time, organization, and careful planning, which may not be sustainable for the average and very busy real estate agent. Think of it as Uber Eats, but for booze.

Real Estate 311

Real Estate Clients Decorating Real Estate Agent 311

Housing Wire

SEPTEMBER 11, 2023

He most recently served as the president of troubled, largely defunct retail lender Celebrity Home Loans. During this 90-day period, the client can work with a real estate agent to list their prior home. Meadow has 25 years of mortgage industry experience.

Contracts 434

Contracts Real Estate Agent Tenants Retail 434

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Real estate agents and LOs: the great collaboration. Then you might as well just go work for UWM retail. ” Fairway, which did about $3.5

Real Estate Agent 397

Real Estate Agent Retail Real Estate Design 397

Housing Wire

JUNE 5, 2023

Desmond Smith: There are two ways to get a mortgage — wholesale or retail. Retail lending is when you walk into a bank branch or go to an online lender, and they help you get a mortgage. Consumers who use a mortgage broker instead of a retail lender save $9,400 over the life of the loan and that increases to $10,400 for minorities.

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

MARCH 15, 2024

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

JANUARY 17, 2023

For Jason Stallworth, retail sales manager at Planet Home Lending , preparation for Q1 began last month by meeting with new prospects, real estate agents and brokers. For example, Ruotolo is keeping in touch with her database and the real estate agents that refer and support her. Make a plan.

Loan Officers 435

Loan Officers Marketing Real Estate Agent Real Estate 435

Housing Wire

MARCH 15, 2021

In Ishbia’s estimation, these two companies, which both have retail operations, are trying to cut the broker out of the mortgage equation. Rocket is training real estate agents to originate loans, and Fairway is trying to poach loan officers, he claims.

Real Estate Agent 418

Real Estate Agent Loan Officers Retail Training 418

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

JUNE 6, 2023

“You can lend where you live and continue to build relationships with clients and real estate agents in your community. We have Rocket retail, and we compete,” Fawaz said. The company is looking for someone who has a “proven track record generating organic referrals” that result in closings.

Loan Officers 369

Loan Officers Mortgage Retail Real Estate Agent 369

Housing Wire

SEPTEMBER 18, 2024

CMG Home Loans , the retail lending division of CMG Financial , has its eyes on growing its dedicated reverse mortgage segment. The desire to expand that side of the business stems from its longstanding “bread and butter,” which is referral relationships with licensed real estate agents, Kirksey explained.

Real Estate Agent 459

Real Estate Agent Buyers Real Estate Retail 459

Housing Wire

FEBRUARY 18, 2025

HousingWire s Reverse Mortgage Daily (RMD) had a chance to meet up with Medina Cicak, Heartland Bank s chief commercial officer in Australia , and Keira Billot, the New Zealand -based general manager of retail and reverse mortgages. Why make the trip? But you dont have to look very far for differences between their market and the U.S.

Contracts 242

Contracts Advertising Real Estate Agent Mortgage 242

Housing Wire

APRIL 30, 2024

AARP concerns “FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” HUD said in its update to the policy. Tane Cabe Tane Cabe, also of C2 , concurs with Harmes.

Mortgage 445

Mortgage Real Estate Agent Sellers Construction 445

Housing Wire

JANUARY 10, 2023

Kleber Santos , CEO of consumer lending since his appointment in July, said the bank will continue to be the primary mortgage lender to Wells Fargo bank customers and minority homebuyers through its mortgage retail team. “We

Lending 501

Lending Real Estate Agent Mortgage Finance 501

Housing Wire

APRIL 19, 2021

Similarly, Shirley has years of financial leadership experience, including at retailers Tuesday Morning and Neiman Marcus , but does not possess a real estate background. Some real estate agents inside and outside Keller Williams said that the moves were uninspired and noted those advancing were all white men.

Human Resources 397

Human Resources Real Estate Real Estate Agent Insurance 397

Housing Wire

FEBRUARY 15, 2023

You have a lot of flexibility in pricing, flexibility with other broker products, flexibility with marketing under an compliant umbrella,” Steinway said of Revolution Mortgage, which has a hybrid wholesale and retail lender model. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000. It’s the local relationships.

Mortgage 370

Mortgage Loan Officers Lending Retail 370

Housing Wire

AUGUST 17, 2022

The mobile-first functionality feature allows borrowers, lenders’ staff, real estate and settlement agents to use it on any web-enabled device, including iPads and desktops, according to the firm. Its core features include an integrated home search, loan payments calculator and the ability to begin a loan application.

Lending 370

Lending Real Estate Agent Real Estate Technology 370

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 grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?

Loan Officers 448

Loan Officers Retail Clients Real Estate Agent 448

Housing Wire

AUGUST 12, 2021

Mortgage, title, appraisal, servicing, iBuying, real estate brokerage , green energy — the gamut. They’d then utilize the services of a real estate agent found through the growing Rocket Homes platform. Then comes the mortgage — which their agent would monitor through Rocket Pro Insight.

Mortgage 435

Mortgage Real Estate Agent Real Estate Agents 435

Housing Wire

APRIL 5, 2022

Rocket Pro TPO has launched a program that will guarantee financing to close in 15 days, a move to entice mortgage brokers and their real estate agent partners in a scorching-hot housing market. It also represents yet another sweetener designed to convince brokers to choose them over rival United Wholesale Mortgage.

Real Estate Agent 397

Real Estate Agent Retail Finance Mortgage 397

Housing Wire

AUGUST 10, 2022

As lenders adapt to a purchase-centered market, HousingWire spoke to Brian Boero, CEO of 1000watt, about opportunities to grow lenders’ effectiveness in the real estate agent and broker market. retail, residential mortgage applications. Cracking the code on marketing to the realtor channel. Presented by: 1000watt.

Mortgage 370

Mortgage Real Estate Agent Retail Contracts 370

Housing Wire

JUNE 20, 2024

This impacts every real estate sector, from industrial and office to retail and residential. MJ McFarland, a luxury real estate agent at The Agency in Austin, said during the panel that the run-up in home prices creates a difficult scenario for his clients, despite today’s slower market conditions.

Inventory 486

Inventory Real Estate Housing Market Real Estate Agent 486