Housing Wire

DECEMBER 20, 2024

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Four months later, the branch was still struggling, and worse, my top loan officer now the branch manager quit.

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Industrial Loan Officer Mortgages Development 390

Housing Wire

JANUARY 13, 2025

Fairway Independent Mortgage Corporation , a large mortgage lender and a top 10 lender in the reverse mortgage industry , will aim to expand its focus on its reverse mortgage arm in 2025 owing to the efforts of David Lazowski, the companys new president of national recruiting and growth.

Mortgages 368

Mortgages Loan Officer Lending Loans 368

Housing Wire

MARCH 6, 2025

Instead, its continuing to add agents at an explosive rate. On its earnings call for the fourth quarter of 2024, the company disclosed that its agent count was 24,140 at the end of the year. Real credited its technology offerings and business model for the explosive growth in agents. million in 2023 to $4 million in 2024.

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Brokerage Agents Loan Officer Technology 370

Housing Wire

APRIL 10, 2025

Florida-based Theoris Software has launched a new artificial intelligence (AI) platform, AI agent, it says could transform how mortgage companies handle operations. The platform introduces a digital agent named Alpha7x that automates key processes across the mortgage lifecycle.

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Agents Mortgages Loan Officer Loans 221

Housing Wire

MAY 19, 2025

In November, Chicago-based mortgage lender Rate formerly known as Guaranteed Rate announced that it was revamping its dedicated reverse mortgage division by appointing two longtime industry veterans to lead its efforts with older borrowers. That means expanding the distribution footprint for the reverse division.

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Mortgages Loan Officer Loans Industrial 329

Housing Wire

DECEMBER 16, 2021

It is an eventful week within the Slack channels of Knock , and an anxiety-filled one for the company’s about 50 loan officers. Knock loan officers draw a median salary of about $75,000 a year, according to these company sources. The post Knock reverses course on loan officer pay cut appeared first on HousingWire.

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Loan Officer Loans Lending Mortgages 411

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S. economy remains hot.

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Loan Officer Loans Mortgages As-is 440

Housing Wire

MAY 2, 2025

When industry experts think about what could lead to a significant departure of loan officers and real estate agents, two main things come to mind: AI and market conditions. More and more loan officers and real estate agents have realized they can positively impact their community by educating instead of selling.

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Agents Loan Officer VA loan Loans 312

Housing Wire

JUNE 4, 2025

As borrower expectations for personalized, timely communication rise, loan officers are turning to AI-powered tools to stay competitive. Ryan Young, founder and CEO of Fello.ai , recently shared how AI is transforming mortgage professionals ability to connect with clients.

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Industrial Mortgages Loan Officer Loans 329

Housing Wire

DECEMBER 30, 2024

While 2024 was rife with challenges for the mortgage industry broadly across forward and reverse a new year brings a new mindset. Some challenges remain, with mortgage rates being chief among them. Education and distribution can also likely be improved.

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Mortgages Technology Loan Officer Industrial 392

Housing Wire

JUNE 9, 2025

Jason Bressler , chief technology officer for United Wholesale Mortgage (UWM), is trying to change the narrative around AI being integrated into the mortgage industry and lending solutions. ” As the CTO for the largest mortgage company in the U.S., ” As the CTO for the largest mortgage company in the U.S.,

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Lending Mortgages Technology Loan Officer 343

Housing Wire

MARCH 3, 2025

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

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Purchase and sale agreement Closing Industrial Mortgages 409

Housing Wire

DECEMBER 20, 2023

Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. After Mike paid his loan officer assistant, he was clearing just 40 bps. It was late 2022 and Mike was feeling the pressure. The lower comp rate stung.

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Loan Officer Loans Lending Mortgages 477

Housing Wire

JUNE 13, 2025

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology , including tools, integrations and trends impacting mortgage and real estate. The move aims to help Texas agents access global property data, support cross-border deals and tap into growing migration and investment ties between Latin America and the U.S.

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Industrial MLS Loan Officer Lending 291

Housing Wire

JUNE 6, 2025

We’re here to build the AI teammate every elite agent will use daily — one that listens, learns, and helps them win. According to the company, Shilo can deeply understand the context of business calls made by real estate agents and mortgage loan officers. That teammate’s name is Shilo.”

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Closing Loan Officer Development Loans 397

Housing Wire

MAY 21, 2025

Guaranteed Rate Affinity (GRA) announced this week that it has appointed longtime reverse mortgage industry professional Dino Guadagnino to serve as regional vice president of reverse mortgages. Guadagnino most recently served as a senior vice president of the reverse mortgage division of The Money Store.

Loan Officer 221

Loan Officer Mortgages Lending Loans 221

Housing Wire

MARCH 20, 2025

It seems that everyone in mortgage and real estate has an opinion about Rocket Mortgage ‘s pending $1.75 “Spending nearly $2 billion on a money-losing tech company with entry-level agents doesn’t change that.” Redfins 2,200 lead agents and 5,000 partner agents are among the very best in the industry.

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Mortgages Loan Officer Brokerage Loans 277

Housing Wire

MARCH 6, 2023

There were leads, referrals and action in January, after people returned from holiday vacations and rates declined, said Don Monson, branch manager at Sente Mortgage. Rising rates will likely scare buyers away from the market, as it makes monthly mortgage payments less affordable, loan officers interviewed by HousingWire said.

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Loan Officer Loans Pre-approval Mortgages 392

Housing Wire

MAY 6, 2025

Why AI in mortgage lending needs a smarter narrative Theres no denying it, artificial intelligence (AI) has stormed into the mortgage industry in a variety of formats helping brokers and lenders create efficiencies, save time, and close more deals. The future of AI in mortgage lending isnt just about automation or speed.

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Mortgages Loan Officer Lending Loans 243

Housing Wire

MAY 2, 2025

mortgage lender Rate is investing in the nonqualified mortgage ( non-QM ) space by launching a new suite of products. billion in mortgages in 2024, up 15% year over year, according to Inside Mortgage Finance data. billion in mortgages in 2024, up 15% year over year, according to Inside Mortgage Finance data.

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Closing Loan Officer Finance Loans 314

Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. 8 on the Inside Mortgage Finance ranking of top originators at just under $40 billion. 1 mortgage company in America. Shant Banosian, ranked the No.

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Loan Officer Loans Technology Mortgages 427

Housing Wire

SEPTEMBER 27, 2024

In a recent episode of “The Loan Officer Podcast,” host Dustin Owen and guest John Coleman explore key tips that all aspiring real estate agents should know when navigating mortgage financing for a potential client. As a result, many condo deals don’t close due to a lack of understanding on the agent’s part.

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Finance Agents Mortgages Loan Officer 439

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

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Industrial Seller concession Purchase and sale agreement Agents 512

Housing Wire

OCTOBER 26, 2024

Since mid-2022 when mortgage rates headed higher , two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history and inventory has been able to grow from record low levels thanks to mortgage rates staying elevated. Let’s see what the data for last week tells us.

Mortgages 522

Mortgages Loan Officer Sales As-is 522

Housing Wire

MAY 20, 2025

But we’re also diversifying in the field through our brokers as well as our local loan officers, and well be able to add to that through the Redfin acquisition as well here very soon, Lovier said on stage during the Mortgage Bankers Association (MBA) Secondary and Capital Markets Conference in New York on Tuesday.

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Loan Officer Loans Staging Equity 244

Housing Wire

APRIL 22, 2025

The average 30-year fixed mortgage rate sits around 6.8% This means empowering loan officers with the tools and training they need to serve todays buyersfast preapprovals, clear communication and seamless closings. Offering one-on-one consultations to walk buyers through mortgage scenarios.

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Loan Officer Finance Loans Mortgages 373

Housing Wire

OCTOBER 10, 2024

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

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Loan Officer Technology Industrial Development 451

Housing Wire

MAY 27, 2025

AI -based tools are now substantially reducing both the time and labor of routine mortgage processing.Traditional procedural stepssuch as employment proofing, income verification, fraud detection and title checkshave long resulted in an unnecessarily lengthy time for a mortgage applications approval.

Mortgages 221

Mortgages Lending Title Loan Officer 221

Housing Wire

FEBRUARY 11, 2025

Its mortgage origination business is one of the companys links in the end-to-end transaction, and its revenue in this category continues to rebound after it peaked during the post-COVID housing boom. In 2024, Zillow earned $145 million in its mortgage origination channel, up 51% year over year.

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Purchase and sale agreement Loan Officer Loans Finance 349

Housing Wire

MAY 8, 2025

That’s why, despite the noise, we continue to invest in innovation, expand our model and deliver value for our agents by embracing the future not resisting it. At this time, Leo is able to have real-time voice conversations and we are planning to test these capabilities with our agents in the coming weeks. million a year ago.

Technology 370

Technology Title Brokerage Industrial 370

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether? Enter the savvy seller.

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Pre-approval Agents Loan Officer Seller concession 477

Housing Wire

MAY 15, 2025

United Wholesale Mortgage (UWM) is rolling out new artificial intelligence (AI)-powered tools designed to help brokers analyze competitors loan estimates and assist borrowers online. event on Thursday in Pontiac, Michigan, amid intensifying competition and M&A activity across the mortgage industry.

Loan Officer 244

Loan Officer Technology Loans Title 244

Housing Wire

NOVEMBER 4, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Finding an agent Like 43% of homebuyers , I began my search online, as I worked to get a sense for what the inventory in my preferred areas and in my price range looked like. Funny you should ask.

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Purchase and sale agreement Inspection contingency Title Inspection 427

Housing Wire

JANUARY 31, 2025

John Porath “John’s leadership and ability to connect with loan officers will be instrumental in driving our core conviction of growth and success for the region. We’re excited to welcome him to the Evergreen Home Loans family.” His career began in 1989 as a loan officer with Norwest Mortgage.

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Loans Loan Officer Construction Banks 341

Housing Wire

MARCH 21, 2025

Rocket obviously has the moat in mortgage and Zillow has the moat in search and agent referrals, so it is not surprising to see Rocket make a move to expand its presence on the other end of the spectrum in home search and with that agent network. Year-over-year, Zillows mortgage revenue growth jumped 51% in 2024 to $145 million.

Loan Officer 288

Loan Officer Loans Mortgages Title 288

Housing Wire

AUGUST 25, 2022

South Carolina-based Movement Mortgage has acquired the brokerage Superior Rate Mortgage of New England to expand operations in the region, the company announced Wednesday. The acquisition is another step to boost its sales amid shrinking loan origination volumes. The terms of the deal were not disclosed.

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Brokerage Mortgages Loan Officer Loans 494

Housing Wire

FEBRUARY 4, 2025

” “We are thrilled to partner with zavvie to make Arrival’s products available to zavvie’s impressive network of loan officers and real estate agents ,” Simon Chen, CEO of Arrival Home Loans, said in a statement. Arrival Home Loans, which is powered by Pacific Private Money Inc.

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Loans Loan Officer Finance Brokerage 329