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 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

Agents 374

Agents Loan Officer Lending MLS 374

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. As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground.

Loan Officer 403

Loan Officer Loans Agents Mortgages 403

Housing Wire

MARCH 19, 2024

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. On Friday, NAR announced a settlement that includes a $418 million payment for damages, along with a ban on rules that allow a seller’s agent to set compensation for a buyer’s agent.

Loan Officer 481

Loan Officer Closing costs Loans Agents 481

Housing Wire

JANUARY 17, 2023

“The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A A 5% market will be good. I think that brings enough people back into the market, [though] I do think there’s still a lot more demand than supply.”. Make a plan.

Loan Officer 336

Loan Officer Marketing Loans Lending 336

Housing Wire

NOVEMBER 7, 2023

Adding this cost to their side of the transactions would throw the vast majority of them out of the market entirely.” Despite higher mortgage rates , demand for FHA and VA loans has been on the rise. “But agent commissions have never been a closing cost from a buyer perspective. Grant said.

VA loan 438

VA loan Agents Seller concession FHA loan 438

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. But there are still ultra-competitive markets in America where those conditions will simply be offset by rising prices. What’s it like in your neck of the woods?

Loan Officer 334

Loan Officer Pre-approval Marketing New Construction 334

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 389

Agents Brokerage Loan Officer Closing 389

Housing Wire

OCTOBER 10, 2023

And the market has gotten much darker over the last few years. After six years of no enforcement actions and a rapidly declining housing market, RESPA attorneys believe some in the industry may be more willing to test the boundaries. “I For lenders and brokerages, the risks of LOs or agents overstepping are high.

Loan Officer 404

Loan Officer Loans Brokerage Mortgages 404

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

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 364

Loan Officer Mortgages Lending Loans 364

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 338

Agents Loan Officer MLS Loans 338

Housing Wire

MAY 20, 2024

Mortgage capital markets tech firm Polly announced on Monday its API integration with cloud banking provider nCino to enhance the digital mortgage process for lenders. Upcoming enhancements will include functionality for locking rates via both web and mobile platforms. “In mortgage, said in a statement. “By

Mortgages 326

Mortgages Loan Officer Technology Banks 326

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. Skillful marketing is also about understanding who’s buying and selling.

Agents 341

Agents Technology Loan Officer Closing 341

Housing Wire

APRIL 12, 2023

Other challenges selected by mortgage professionals were relationships with real estate agents at 8.4%; competitiveness of rate sheet and underwriting problems at 5.8%; lender stability at 3.9%; competitiveness of product offerings at 1.9%. Economic and Housing Market Outlook Amid the Federal Reserve ‘s efforts to tame inflation, 44.5%

Mortgages 302

Mortgages Loan Officer Marketing Seller concession 302

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. However, Davis’ relationship with the agent turned sour and she has not yet been able to develop relationships with other agents.

Marketing 382

Marketing Loan Officer Pre-approval Mortgages 382

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. For as low as $995 the seller can secure a discounted rate to market the listing, according to Guaranteed Rate.

Mortgages 399

Mortgages Loan Officer Loans Finance 399

Housing Wire

NOVEMBER 23, 2022

The seller, who struggled to find a buyer in a cooled down housing market, agreed to deposit a lump sum payment into an escrow account at closing – ultimately saving Davis $6,900 in monthly payments in the first two years. It gives the buyer and seller the feeling of beating the mutual enemy, ‘the market,’ and gaming the system.”.

Marketing 463

Marketing Loan Officer Seller concession Loans 463

Housing Wire

MARCH 28, 2024

the parent of digital lender Better.com , narrowed its net loss between the third and fourth quarters of 2023 by more than 80%, driven by expense cuts to its platform and marketing efforts. Going forward, Better is focused on driving market share and reaching profitability in the medium term. Better Home & Finance Holding Co. ,

Loan Officer 370

Loan Officer VA loan Loans Technology 370

Housing Wire

MAY 20, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their market. HousingWire Magazine delivered to your home or office.

Marketing 403

Marketing Loan Officer Loans Agents 403

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

Loan Officer 338

Loan Officer Mortgages Loans Finance 338

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 353

Loan Officer Technology Loans Mortgages 353

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 386

Loan Officer Mortgages Loans Closing costs 386

Housing Wire

APRIL 15, 2024

The National Association of Mortgage Brokers (NAMB) announced a partnership with artificial intelligence (AI)-based video marketing platform Roomvu to provide mortgage brokers with marketing tools. Their innovative marketing technology is easy to use and is proven to move the needle in our industry.

Marketing 307

Marketing Mortgages Loans Industrial 307

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 408

Lending Agents Banks Loans 408

Housing Wire

AUGUST 17, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. HousingWire Magazine delivered to your home or office.

Marketing 381

Marketing Loan Officer Loans Agents 381

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? By September, a full-fledged housing market recession had set in. The 2002 housing market has been a tale of two halves,” said Green. A mortgage rate lockdown freezes the housing market.

Equity 491

Equity Marketing Loans Bankruptcy 491

Housing Wire

NOVEMBER 5, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. HousingWire Magazine delivered to your home or office.

Marketing 401

Marketing Loan Officer Loans Agents 401

Housing Wire

JANUARY 11, 2023

Michigan-based United Wholesale Mortgage (UWM) is taking another step to aggressively reduce its prices in order to gain market share in a shrinking mortgage market. . Brokers can use the points for conventional, government and non-agency loans up to $1 million. . ” .

Loan Officer 438

Loan Officer Loans Mortgages As-is 438

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 348

Loan Officer Purchase and sale agreement Loans Mortgages 348

Housing Wire

JULY 22, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. said Abbott, an agent at Coldwell Banker Realty.

Marketing 404

Marketing Loan Officer MLS Loans 404

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 355

Backup offer Loan Officer Home sale contingency Branding 355

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS. Sharing your success lends to your credibility as an agent.

Agents 344

Agents Lending Staging Renovation 344

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. ” Real estate agents and LOs: the great collaboration. .

Marketing 545

Marketing Technology Loan Officer Brokerage 545

Housing Wire

SEPTEMBER 30, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. HousingWire Magazine delivered to your home or office.

Marketing 331

Marketing Loan Officer Closing costs Inspection 331

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. ” Message : Project confidence and deep understanding of market changes. Let’s turn these changes into wealth!”

Loan Officer 287

Loan Officer Loans Branding Industrial 287