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Is technology the problem, not the solution, in the mortgage industry?

Housing Wire

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. This raises a critical question: Is technology failing the mortgage industry, or are we approaching it incorrectly? The human touch remains critical in mortgage lending.

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How to leverage a growth mindset to drive our industry (and your business!) forward

Housing Wire

I have attended several industry events recently and so many of the discussions continue to focus on the short game—top of funnel. These are exciting times for our industry and technology innovations continue to improve to support the needs of modern agents. Host monthly discussions to highlight popular features and demonstrate ROI.

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Analyst: HMBS 2.0 developments should benefit reverse mortgage industry

Housing Wire

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” I think, as a whole, the industry is reacting pretty favorably to this.

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Reverse industry rep reappointed to role on HUD housing counseling committee

Housing Wire

The committee is designed to advise HUD “by helping shape the direction of its Housing Counseling Program and providing guidance on how to better serve prospective buyers, homeowners, and renters with their housing needs,” the department said in a statement. Dujanovich was first appointed to HCFAC in late 2021.

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Jaro’s end-to-end appraisal platform is redefining industry standards

Housing Wire

Jaro is the only end-to-end appraisal platform on the market that is painstakingly designed for lender and AMC workflows to serve every party in the valuation process. With AI-driven quality control tools, customizable dashboards, advanced automation, and industry-leading integrations, Jaro is much more than a one-size-fits-all solution.

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Mauricio Umansky wants the real estate industry to ignore the ‘noise’ around the NAR settlement

Housing Wire

HousingWire real estate reporter Jeff Andrews sat down with Umansky to talk about his brokerage, agent recruiting efforts, how the industry is changing in the wake of the NAR commission lawsuit settlement — and even a little fashion. It’s really out of pure love and wanting to give back to an industry that we love.

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The mortgage industry is hiring again – but at different terms

Housing Wire

However, the industry is approaching this cycle with caution. loanDepot’s focus is on the sales side, attracting experienced loan officers (LOs) and people who want to join the industry via its accelerated career in effective sales (ACES) program. We’re overstaffed by design, and we never let sales get ahead of operations.”