Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Industrial 498

Industrial Seller concession Purchase and sale agreement Agents 498

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. The lender has about 80 loan officers and aims to hire up to 100 in states. And it’s looking to expand.

Loan Officer 371

Loan Officer Agents Loans Technology 371

Housing Wire

JULY 12, 2023

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. It shouldn’t surprise you that a sizable percentage of newer LOs and real estate agents are washing out in the current market.

Agents 370

Agents Loan Officer Loans Industrial 370

Housing Wire

APRIL 16, 2024

In a down market disrupted by the commission lawsuits, agents and LOs are considering working in a dual capacity. 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.

Loan Officer 410

Loan Officer Loans Agents Mortgages 410

Housing Wire

JULY 18, 2023

Agent recruitment has been off to a strong start this month at The Agency Dallas. In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Rizo is coming to The Agency from Douglas Elliman. and Mexico.

Agents 357

Agents Loan Officer Principal Brokerage 357

Housing Wire

MARCH 19, 2024

One of those models could be that you, as lenders, license your loan officers as real estate agents and offer the buying agent service for less than a 3% fixed fee point. Others of you will say that is a great retention opportunity for my loan officers and the market will figure all this out,” Broeksmit added.

Loan Officer 484

Loan Officer Closing costs Loans Agents 484

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% Despite higher mortgage rates , demand for FHA and VA loans has been on the rise. Potter added: “Government lending would come to a halt. points from the 7.5%

VA loan 441

VA loan Agents Seller concession FHA loan 441

Housing Wire

OCTOBER 2, 2023

BLVR – a marketing and promotional campaign launched by EPM on Monday – aims to reach as many retail loan officers to provide information about the wholesale channel. When retail loan originators visit the website, LOs are asked to fill out their names, contact information and comments or questions about wholesale lending.

Loan Officer 404

Loan Officer Lending Loans Equity 404

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. Congratulations!” And that was that!

Agents 393

Agents Brokerage Loan Officer Closing 393

Housing Wire

DECEMBER 11, 2023

When affordability meets fair housing Recently, during a coaching session with an agent, that agent shared how a recent seller, Bob, sold his home of 20 years and made so much money on the sale that he was able to purchase a retirement home in Savannah, Georgia, and have plenty of money left over for a nice retirement nest egg.

Lending 414

Lending Agents Banks Loans 414

Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. Although RESPA prohibits quid pro quo payments, known as kickbacks, it allows for so much else, leaving room for interpretation.

Loan Officer 410

Loan Officer Loans Brokerage Mortgages 410

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Mike, a North Carolina-based loan officer, had two loans closing in mid-January. The contrast between the deals was striking. “I have a loan closing today for first-time homebuyers who didn’t really press me on pricing,” he said.

Loan Officer 371

Loan Officer Mortgages Lending Loans 371

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. These skills help you to be both a better listener and a better speaker.

Agents 347

Agents Technology Loan Officer Closing 347

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. The real estate agent works with the seller and a Guaranteed Rate loan officer to pay a fee and lock in the discounted rate for a buyer. “The

Mortgages 404

Mortgages Loan Officer Loans Finance 404

Housing Wire

SEPTEMBER 19, 2022

Beginning a career as a real estate agent is an exciting time. That’s why new agents shouldn’t miss these three panels at HW Annual that will set you up for a long, successful career. . That’s why new agents shouldn’t miss these three panels at HW Annual that will set you up for a long, successful career. .

Agents 344

Agents Loan Officer MLS Loans 344

Housing Wire

FEBRUARY 14, 2024

The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. It also arms the borrower’s real estate agent with a more powerful offer to win their client’s next property.

Backup offer 362

Backup offer Loan Officer Home sale contingency Branding 362

Housing Wire

JANUARY 25, 2024

A differentiating factor of our tech is that lots of point of sale systems are built to faciitate loan officers with the business they already have. We are focused on compliance and data capture at the top of the funnel, so we look at: how do we introduce loan officers not only to new technology, but to new business opportunities?

Loan Officer 360

Loan Officer Technology Loans Mortgages 360

Housing Wire

MARCH 11, 2024

Solutions within Floify Lender Edition allow lenders to improve recruitment and retention of top-producing loan officers and to navigate regulatory landscapes, according to the company’s website. is a software development company that offers a digital loan origination system and POS for the mortgage industry.

Mortgages 370

Mortgages Loan Officer Loans Banks 370

Housing Wire

MARCH 28, 2024

The operating model change involved Better pivoting to hiring experienced loan officers on commission-based compensation plans. Previously, the lender had higher fixed-cost components and no commissions for its loan officers. Better Home & Finance Holding Co. ,

Loan Officer 377

Loan Officer VA loan Loans Technology 377

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Agents 352

Agents Lending Staging Renovation 352

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Strategies to differentiate themselves include buying leads, providing niche loans and getting on builders’ preferred lender list.

Loan Officer 388

Loan Officer Mortgages Loans Closing costs 388

Housing Wire

OCTOBER 3, 2023

Through the partnership with agents at Keller Williams GLG, mortgage professionals at Onward Home Mortgage and Newrez will target borrowers in the Southeast United States. New r ez has launched Onward Home Mortgage , a joint venture mortgage company in partnership with Keller Williams Georgia Legacy Group (GLCG).

Mortgages 379

Mortgages Loan Officer Brokerage Residential 379

Housing Wire

FEBRUARY 28, 2024

Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services. The program is only eligible for loans that close through Newrez. Sellers can receive a 1% real estate agent commission reduction when selling with a Newzip-affiliated agent.

Closing costs 382

Closing costs Loan Officer Closing Loans 382

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 Officer 353

Loan Officer Purchase and sale agreement Loans Mortgages 353

Housing Wire

NOVEMBER 28, 2023

The savvy real estate agents and loan officers see this not a crisis but a golden opportunity. This is a call to arms for real estate agents and loan officers ready to seize the day. For loan officers: Script : “Market changes bring new opportunities. This is your moment.

Loan Officer 292

Loan Officer Loans Branding Industrial 292

Housing Wire

MAY 22, 2024

On the other hand, increased interest has led the company to close more H4P loans, she said. “We’ve We’ve actually received quite a few referrals from our forward loan officers that have turned into purchase transactions,” she said. The awareness we’re driving around H4P has just made people more curious.

Mortgages 341

Mortgages Loan Officer Lending Loans 341

Housing Wire

JANUARY 11, 2023

The company announced on Wednesday that it is giving up to 125 basis points to brokers to use on any loans they lock with the lender, with a maximum of 40 basis points per loan. Brokers can use the points for conventional, government and non-agency loans up to $1 million. . for credit reports. .

Loan Officer 439

Loan Officer Loans Mortgages As-is 439

Housing Wire

APRIL 1, 2024

To my knowledge, we are the only ones who set this up as a traditional wholesale channel, which makes it easier for these third parties to add it as a product in the suite that they already have access to — all of their agency loans, government loans, jumbo, non-QM, construction. “To This is just one more arrow in their quiver.”

Loan Officer 352

Loan Officer Loans Mortgages Equity 352

Housing Wire

MAY 6, 2024

Title agents historically have felt like they played second fiddle to other players in the buying and selling of real estate. Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer.

Title 302

Title Loan Officer Technology Agents 302

Housing Wire

DECEMBER 6, 2023

The partnership will boost loan officers ’ capacity to deliver personalized, efficient and tech-powered solutions directly to their clients and agents. Miami-based fintech provider LoanPASS integrated Uplist ’s suite of home-shopping tools into its pricing engine, the company announced in November.

Loan Officer 376

Loan Officer Banks Lending Loans 376

Housing Wire

JUNE 22, 2023

Because now what they have to do is they have to go in and charge points to get their loans done,” he said. 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. In 2022, AmeriFirst closed $2.5

Loan Officer 329

Loan Officer Mortgages Loans Lending 329

Housing Wire

NOVEMBER 1, 2021

If you make your living by originating new mortgage loans, I don’t have to tell you that the business is changing. You probably already know that the MBA’s latest mortgage forecast puts the purchase money at 75% of all loan volume. That means you’ve been thinking about real estate agents…a lot. Stevens, President at SRE.

Lending 379

Lending Purchase and sale agreement Agents Loan Officer 379

Housing Wire

MAY 25, 2023

Most real estate agents, builders and potential customers have no idea that this financing option exists to purchase homes,” he said. 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.

Loan Officer 379

Loan Officer Equity Finance Loans 379

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Loans 408

Loans FHA loan Mortgages Loan Officer 408

Housing Wire

FEBRUARY 22, 2023

The relationship between a loan officer and a real estate agent is one of the most important pieces of the puzzle, as the two must combine forces to help borrowers achieve their goal of buying a home. By strengthening your relationships with agents you’ve worked with in the past, you can be their first choice for a referral.

Loan Officer 353

Loan Officer Loans Branding Agents 353

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Pre-qualification 282

Pre-qualification Agents Loan Officer Technology 282

Housing Wire

JUNE 6, 2023

Rocket Mortgage is looking to hire local loan officers at a time when mortgage rates are high and the industry remains heavily reliant on the purchase market. According to Rocket’s job post, the loan officer position is remote and requires a minimum of three years of experience in mortgage loan origination.

Loan Officer 295

Loan Officer Mortgages Loans Lending 295