Housing Wire

JANUARY 30, 2024

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Marketing 363

Marketing Principal Banks Loans 363

Housing Wire

OCTOBER 15, 2020

In 2013, Thuan Nguyen was working out of his chaotic office in the heart of Silicon Valley. At that point, Loan Factory had about 200 loans and just 13 employees. Quicken Loans , see how big they are? You’d find him there from 5 a.m. They hustled, too. The office was like a market,” Nguyen recalled. “It

Mortgages 410

Mortgages Loans Brokerage Technology 410

Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. The message was clear: if you weren’t already invested in new digital mortgage experience, then your competition already beat you to the sale.

Industrial 350

Industrial Mortgages Lending Technology 350

Housing Wire

SEPTEMBER 22, 2020

Just two months after its public debut , Rocket Companies is looking to bulk up its wholesale operation by sweetening the pot for mortgage brokers. The Detroit-based firm, which began 35 years ago as a mortgage broker shop in southeast Michigan, is rebranding Quicken Loan Mortgage Services to Rocket Pro TPO.

Loans 449

Loans Technology Branding Mortgages 449

Housing Wire

FEBRUARY 16, 2022

The mortgage servicing rights market took off like a rocket in January and it has continued to accelerate into the stratosphere in February, according to industry experts who follow the MSR market closely. Next, we might be working on $30 billion or $40 billion [in MSR deals]. We closed a $10 billion deal not long ago,” he said.

Marketing 374

Marketing Principal Banks Loans 374

Housing Wire

DECEMBER 21, 2020

The Qualia and Adeptive teams are both working towards bringing that seamless home buying, selling and refinance experience to the real estate ecosystem at large.” Quicken Loans’ Austin Niemiec on Rocket Pro TPO rebrand impact. Presented by: Rocket Pro TPO. And Stewart Information Services Corp. ,

Title 458

Title Lending Closing Loans 458

Housing Wire

MARCH 4, 2021

United Wholesale Mortgage , the top wholesale lender in the nation, announced on a Facebook live Thursday that it will no longer partner with brokers who also work with Rocket Mortgage and Fairway Independent Mortgage Corp. If you work with them, can’t work with UWM anymore, effective immediately,” Ishbia said. “I

Loan Officer 515

Loan Officer Lending Mortgages Loans 515

Housing Wire

APRIL 8, 2022

Deephaven Mortgage hired Anthony Gulotta to lead wholesale sales on the East Coast, the non-QM lender announced this week. Gulatta, based in Charlotte, will work to build the lender’s presence with mortgage brokers on non-agency products. We are delighted that he is bringing this expertise to Deephaven.”.

Sales 371

Sales Lending Principal Banks 371

Housing Wire

FEBRUARY 23, 2021

Rocket Mortgage will receive a tax subsidy worth up to $9.6 Governor Jon Husted on Monday said the Ohio Tax Credit Authority approved an expansion project for tax credit assistance for Rocket Mortgage, whose parent company made over $6.6 The expansion, through Quicken Loans LLC, will add an additional $47.3

Mortgages 327

Mortgages Technology Loans Finance 327

Housing Wire

MARCH 17, 2021

The firm acquired a cloud-based loan origination system from NexSpring Financial in an effort to expand its broker product offerings. Black Knight has been competing with other well-capitalized firms to create an “end-to-end” mortgage experience. Presented by: Motto Mortgage.

Brokerage 350

Brokerage Lending Technology Loans 350

Housing Wire

NOVEMBER 4, 2020

Mortgage originations have a had a bang-up year, with recent data even estimating that they will $4 trillion by the end of 2020. But with a high volume of transactions comes escalated risk for fraud – an issue fintech and risk management company FundingShield has been trying to counterbalance for the mortgage space.

Technology 258

Technology Loans Mortgages Development 258

Housing Wire

OCTOBER 2, 2020

Axia Home Loans , a Washington-based lender with an unusual ownership structure , is looking to break into the ultra-competitive wholesale space. “It’s something I’ve been working on for a while. We’ll be a little bit more flexible than a Quicken or UWM would be.” We won’t disappoint.

Loans 279

Loans Mortgages Branding Marketing 279

Housing Wire

MAY 27, 2022

This week’s HW+ member spotlight features Jeremy Potter, chief evangelist at Stavvy , a 2022 Tech100 Mortgage winner. He has also held leadership roles at Quicken Loans , now Rocket Mortgage , and Normcom Mortgage. I mean, a house that working Americans can afford in their community.

Loans 360

Loans Industrial Closing Mortgages 360

Realty Biz

AUGUST 20, 2021

United Wholesale Mortgage has said it intends to let homeowners pay off their mortgages in bitcoin later this year. The company, which went public last January via a special purpose acqusition merger, said this week it intends to accept “cryptocurrency” as payment for home loans.

Loans 99

Loans Mortgages Technology As-is 99

Housing Wire

FEBRUARY 21, 2023

Jay Farner likes to tell a story about his early days at Rock Financial , which would become Quicken Loans and eventually Rocket Mortgage. It was 1996 and Dan Gilbert , the founder and CEO, announced that the company’s mortgage bankers weren’t going to meet with applicants face to face. I probably bought maybe 500 or 600.

Loans 302

Loans Mortgages Branding Lending 302

Realtor.com

MARCH 8, 2021

When you buy a home, you can usually rely on a standard mortgage to pay for it. But when you build your home from the ground up, a regular mortgage may not suffice. Instead, you might need a construction loan. What is a construction loan? Qualifications for a construction loan: What you need for approval.

Loans 120

Loans Construction Land Finance 120

RIS Media

SEPTEMBER 16, 2020

Rocket Mortgage Detroit Demo Day recently announced the 17 finalists competing for a share of more than $1 million in funding in their fourth annual entrepreneurship competition. Build Category (Three winners receive up to $200,000 in interest-free loans or equity-like investments): – Alerje : Digital patient engagement platform.

Mortgages 98

Mortgages Loans Staging Equity 98

Housing Wire

JANUARY 26, 2023

Loan quality and audit services company QC Ally appointed Nicole Booth as its chief executive officer and Melissa Peregord as its new chief growth officer. Prior to QC Ally, Booth held several leadership positions in regulatory affairs, business strategy and the mortgage industry. She joined the company last July.

Industrial 71

Industrial Mortgages Lending Loans 71

Housing Wire

AUGUST 14, 2020

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Ivanoski has 17 years of experience in the financial services industry, including time at State Street Corporation and Santander Bank.

Lending 280

Lending Principal Industrial Development 280

Housing Wire

AUGUST 6, 2020

Rocket Companies , parent company of Quicken Loans , underwhelmed in its public debut on Thursday. When asked if Rocket is attempting to digitize the entire home transaction, Walters answered by insisting that Rocket is “the only national brand in mortgage that is scaling a technology platform” in the way that it is doing.

Technology 295

Technology Branding Mortgages Loans 295

Realty Biz

NOVEMBER 17, 2020

With mortgage rates at an all-time low, U.S. As such, mortgage lenders have faced a hectic schedule at a time of increased business, when many have also been forced to move the bulk of their work to online systems. Primary Mortgage Origination Study. home sales have risen to a 14-year high. The 2020 U.S.

Mortgages 103

Mortgages Lending Loans Banks 103

Realtor.com

DECEMBER 11, 2020

Charlotte Kesl for The Wall Street Journal Americans are poised to take more mortgages this year than they did even during the run-up to the 2008-09 financial crisis. trillion of mortgages, according to industry-research firm Inside Mortgage Finance. Mortgage originations Wall Street Journal. trillion in 2003.

Mortgages 114

Mortgages Loans Lending Finance 114

Keeping Current Matters

SEPTEMBER 8, 2020

According to the Housing Market Recovery Index by realtor.com , the market has surpassed pre-pandemic levels, and has regained the strength we remember from February of this year (See graph below): Record-Breaking Mortgage Rates. Historically low mortgage rates are another 2020 game-changer. Increasing Affordability. Bottom Line.

Marketing 257

Marketing Mortgages Technology Loans 257

Realtor.com

MAY 10, 2021

The mortgage market, though, is losing steam. Yet lenders are preparing for mortgage demand to cool in the coming months, the result of rising interest rates that make refinancing less attractive for a huge chunk of borrowers. The anticipated decline in mortgage volume is setting off price wars across the industry. Rocket Cos.,

Mortgages 68

Mortgages Lending Loans Banks 68

Keeping Current Matters

AUGUST 3, 2020

Clare Trapasso, Senior News Editor of realtor.com : “Despite the crippling and ongoing coronavirus pandemic, millions out of work, a recession, a national reckoning over systemic racism, and a highly contentious presidential election just around the corner, the residential real estate market is staging an astonishing rebound.”.

Marketing 238

Marketing Residential Staging Sales 238

Realty Biz

OCTOBER 18, 2021

Homeowners have shown little interest in paying off their mortgages with bitcoin and other cryptocurrencies, causing United Wholesale Mortgage to ditch its plan to start accepting digital currencies as payment. s second-biggest mortgage lender after Quicken Loans, despite not being a household name.

Mortgages 87

Mortgages Loans As-is Industrial 87

RIS Media

SEPTEMBER 25, 2020

A familiar face in the Super Bowl commercial lineup, Rocket Mortgage® knows a thing or two about marketing. Paige Tepping: Please provide a brief overview of your history in the industry and how you ended up where you are today at Quicken Loans®. He also describes his favorite marketing initiative to date. PT: What is your No.

Branding 132

Branding Marketing Loans Commercial 132

RIS Media

JANUARY 10, 2021

In this exclusive interview, Quicken Loans® Director of Business Channel Strategy Lauren Gadoua discusses the company’s culture, leadership philosophy, goal-setting strategy, team member development and more. LG: All 20 ISMs work hand in hand, but one that stands out to me is “Obsessed With Finding a Better Way.”

Loans 93

Loans Development Agents Title 93

RIS Media

OCTOBER 22, 2020

Rocket Mortgage Detroit Demo Day announced the winners of the fourth annual entrepreneurship competition and released the video pitches of the 17 finalists at DetroitDemoDay.com. – 2nd Place ($50,000) – Beas’s Detroit , a place to work, eat, shop and celebrate. – $50,000 Grant – City Bark , community pet supply shop.

Mortgages 68

Mortgages Design Loans Banks 68

Realty Biz

OCTOBER 16, 2020

is now $350,000, which means the average buyer would need to pay $70,000 as a deposit on their purchase to avoid private mortgage insurance. Of course there are low down payment loans available to buyers who cannot meet the 20% down threshold. down on its loans, but that still translates to $12,500 for a median priced home.

Loans 63

Loans Banks Mortgages As-is 63

RIS Media

AUGUST 20, 2020

In this exclusive interview, Quicken Loans®’ Regional Vice President of Mortgage Banking Tony Nuckolls discusses tried-and-true techniques for real estate professionals who want to up their referral game and build a pipeline of future buyers.

Loans 101

Loans Mortgages Agents Branding 101

RIS Media

NOVEMBER 2, 2020

” Connect 313 will coordinate the distribution of devices and digital resources with the support of partners including the city of Detroit, Focus: HOPE, Wayne State University, human-I-T, Microsoft + Accenture, United Way for Southeastern Michigan, and the Rocket Community Fund (formerly Quicken Loans Community Fund).

Technology 104

Technology Loans Equity Development 104

Housing Wire

MARCH 22, 2021

This month, United Wholesale Mortgage took the industry by surprise when it made a statement that it would block mortgage brokers from doing business with the company if they did business with either Quicken Loans or Fairway Mortgage. mortgage industry drives the best in consumer options and experience.

Banks 539

Banks Mortgages Loans Lending 539

Realtor.com

MARCH 10, 2021

When you’re ready to move forward on your homeownership journey, there can be a learning curve as you approach how to decipher mortgage-related terms and work on getting financially prepared. That’s where the Rocket Mortgage ® team can help seven days a week, with a quick, no-obligation conversation. Understand key terms.

Pre-approval 74

Pre-approval Closing costs Title search Finance 74

RIS Media

JANUARY 3, 2021

Clearly, the model is working, as Mitchell and his team service some of the largest organizations in the country, including Rocket Mortgage/Quicken Loans, Veterans United, Zillow Group, New American Funding, Bank of America, Axos Bank, Opendoor and many more. Photo courtesy of AJ Canaria, Inside Real Estate.

Agents 109

Agents Closing Technology Industrial 109

Broke Agent Media

MARCH 6, 2023

They go deep on Chris’s work background from Quicken Loans (nka Rocket Mortgage) to Top Producer to Inman and now Curaytor , which he describes as “an inbound marketing with outbound sales experiment.” Chris shares the most intense conversation of his life, which was when he had to tell Brad Inman he was leaving.

Agents 52

Agents Marketing Sales Loans 52

Realtor.com

JUNE 12, 2017

But when it comes to getting a mortgage, that’s just not how things work. So how long does it take to get a mortgage? How long does it take to get a mortgage? The entire mortgage process has several parts, including getting pre-approved, getting the home appraised, and getting the actual loan. Not so fast.

Pre-approval 52

Pre-approval Debt-to-income ratio Mortgages Bankruptcy 52