Housing Wire

JUNE 25, 2025

With about 75,000 licensed retail loan officers and another 25,000 mortgage brokers in operation, the opportunity is clear—especially for those ready to serve rising borrower segments. Hispanic homebuyers: your next growth opportunity Success today isn’t about competing for the same loans as every other originator.

Mortgages

Housing Wire

NOVEMBER 11, 2024

Zillow is moving full speed ahead with an ambitious expansion of its mortgage business, leveraging its housing tech innovations to potentially reshape how modern homebuyers finance homes. And the company has been hiring loan officers at a good clip over the last year, according to NMLS data. That’s an annualized $3.2

Mortgages

Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. The interest rate on the loan has been lowered from 9.99% to 9.49%. The new states are Arizona, Nevada, Oregon and Utah.

Mortgages

Housing Wire

OCTOBER 31, 2024

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. The Nationwide Multistate Licensing System (NMLS) shows that Michigan-based brokerage firm Next Door had 61 sponsored loan officers as of Thursday, along with four branches in Arizona, Nevada, Ohio and Texas.

Lending

Housing Wire

MAY 2, 2025

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. Top 10 U.S. mortgage lender Rate is investing in the nonqualified mortgage ( non-QM ) space by launching a new suite of products.

Closing

Housing Wire

MAY 21, 2025

“Our technology eliminates the tedious ‘stare and compare’ work of analyzing bank statements while enhancing fraud detection and ensuring consistency across underwriting decisions,” said Paul Gigliotti , chief growth officer at Prudent AI. These interviews have been edited for length and clarity.

Mortgages

Housing Wire

OCTOBER 30, 2024

But public filings analyzed by Inside Mortgage Finance revealed that seller repurchases rose to $430 million in the second quarter of 2024 — a 29% increase from the previous quarter. Freddie Mac has seen a nearly 55% reduction in repurchase requests from its peak in the first quarter of 2023. points,” Mittal said.

Debt-to-income ratio

Housing Wire

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

Loan Officer

Housing Wire

OCTOBER 23, 2024

Even as artificial intelligence (AI) becomes more prominent in the mortgage industry, most millennial and Generation Z homebuyers are hesitant to rely solely on a fully automated application process to get a loan, according to a new study. About 58% of respondents still relied on loan officers to guide them through the process.

Mortgages

Housing Wire

MAY 12, 2025

Bidding wars for producing mortgage loan officers are back with a vengeance and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. The task would be difficult in any market. This time, compensation is anywhere between 40 to 70 basis points.

Mortgages

Housing Wire

NOVEMBER 13, 2024

Better Home & Finance Holding Co., Betsy uses Better’s loan engine, Tinman, and is a product the company hopes to white label and bring public in the near future, Garg confirmed on the earnings call. the parent of digital lender Better , reported a net loss of $54.1 By comparison, the company lost $41.4 million in Q2 2024 and $353.9

Mortgages

Housing Wire

APRIL 22, 2025

This means empowering loan officers with the tools and training they need to serve todays buyersfast preapprovals, clear communication and seamless closings. Offer creative financing solutions Buyers need flexibility. In this market, a one-size-fits-all loan product certainly wont cut it.

Loan Officer

Housing Wire

JULY 14, 2025

the parent of Guild Mortgage , has left loan officers wondering how the traditionally purchase-focused lender would integrate refinance capabilities to leverage the $770 billion servicing portfolio of soon-to-be sister company Lakeview Loan Servicing , the nation’s second-largest mortgage servicer. I doubt it.

Mortgages

Housing Wire

JUNE 23, 2025

The change will provide mortgage brokers, loan officers and lenders with visibility into what has often been called “phantom debt” — installment loans that previously did not appear on borrowers’ credit reports.

Loan Officer

Housing Wire

OCTOBER 30, 2024

The firm offers “smart loans” using artificial intelligence and developed a cloud-based portal, LoanFlow , that aims to give mortgage brokers and loan officers the ability to originate loans anytime, anywhere. According to a filing from the California Department of Financial Protection and Innovation dated Oct.

Lending

Housing Wire

MARCH 11, 2025

Federally registered broker and correspondent lender Milestone Mortgage Solutions has acquired Willow Home Loans and is looking to join the $1 billion origination club this year. Bristol has a federal registration and has given the lender the flexibility to bring on loan officers who are not yet licensed. ”

Loans

Housing Wire

NOVEMBER 13, 2024

Movement Mortgage has named Steve Smith, a mortgage veteran who most recently served as Movement’s executive advisor, as its new president and chief financial officer. compared to the same period last year, according to Inside Mortgage Finance (IMF). The announcement was made Wednesday.

Mortgages

Housing Wire

JUNE 12, 2025

Chimera, which focuses on loan management and advisory services, sees the acquisition as an opportunity to create cross-selling potential, facilitate direct loan acquisition and securitization, and bolster efforts to grow a mortgage servicing rights (MSR) portfolio. billion in unpaid principal balance in 2024 and $1.2

Loan Officer

Housing Wire

MARCH 14, 2025

Traditional loan officers who focus solely on transactions are being replaced by mortgage professionals who act as financial strategists, long-term advisors, and educators. Heres how the mortgage industry is changing and what loan officers must do to thrive. Our mortgage industry is experiencing a fundamental shift.

Mortgages

Housing Wire

JUNE 13, 2025

Optimal Blue introduces automated refi tool As refi activity shows signs of life, Optimal Blue launched a new tool to help loan officers capture refinance opportunities automatically. The tool, Capture for Originators, identifies leads, runs pricing, and preps borrower presentations — cutting hours of manual work.

Industrial

Housing Wire

FEBRUARY 11, 2025

Origination volume is up even more, as the company’s purchase loan volume doubled in 2024, while refinance originations rose 69%. Or we work with agents and agent teams to introduce loan officers to them to partner with when they want to start by touring first.

Purchase and sale agreement

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. Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans.

Loan Officer

Housing Wire

MARCH 21, 2025

As industry analyst Mike Delprete put it in a recent blog post , both firms are now in search of the holy grail of real estate: a one-stop shop that combines home search, buy & sell, financing, and title insurance. One of the biggest housing stories so far this year is Rocket s pending acquisition of Redfin.

Loan Officer

Housing Wire

MAY 8, 2025

Unlike traditional real estate brokerage firms, we provide real estate agents with a compelling combination of financial incentives, a proprietary software-based technology platform, which eliminates the need for an agent’s physical office space and a collaborative culture that we believe is unique in our industry. million a year ago.

Technology

Housing Wire

MAY 20, 2025

Rocket Companies , traditionally known for its call center model, is diversifying its channel strategy amid its deals to acquire Redfin and Mr. Cooper , according to Chief Operating Officer Heather Lovier. billion, bringing in its distributed retail arm, Bay Equity Home Loans.

Loan Officer

Housing Wire

OCTOBER 23, 2024

On Wednesday, UWM unveiled a new cash-out refinance product —dubbed Cash-Out 90—that allows borrowers to refinance with a loan-to-value ratio of up to 89.99% without requiring mortgage insurance (MI). Loan amounts, however, cannot exceed conforming limits. UWM has debuted a new cash-out refi product without mortgage insurance.

Equity

Real Estate News

JULY 18, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Real Estate News Industry Homeownership education needs a reboot — and a new messenger Loan officers and financial advisors need to meet aspiring buyers where they are as many increasingly turn to social media for home financing advice.

Loan Officer

Housing Wire

MARCH 20, 2025

Rocket connects with 2 million purchase contracts annually when they explore affordability and mortgage financing. When these clients are then connected with the best agents and the best loan officers, it creates a virtuous cycle. ” “Real estate is still a physical, relationship-driven business,” said another.

Mortgages

Housing Wire

JULY 15, 2025

NAF originated about $14 billion in mortgages in 2024, ranking as the 28th-largest lender in the country, according to Inside Mortgage Finance (IMF). As of July, the company had 2,501 sponsored loan officers across 280 active branches, per the Nationwide Mortgage Licensing System (NMLS). It also services a $69 billion portfolio.

Loan Officer

Housing Wire

DECEMBER 30, 2024

The good news for 2024 for us was that we had a lot of forward loan officers realize that reverse mortgages are a great piece [to add to] their business, and a lot of people took the initiative to get certified, she said. Some challenges remain, with mortgage rates being chief among them.

Mortgages

Housing Wire

MARCH 6, 2025

It started 2024 with 18 loan officers and finished the year with about 90. Net cash provided by operating activities a measure of how the business is performing outside of investing and financing activities was $48.7 Real credited its technology offerings and business model for the explosive growth in agents. million in 2023.

Brokerage

Housing Wire

APRIL 25, 2025

Just as important is the strong interest in these regional events as well as our annual ones from loan officers , compliance personnel, senior vice presidents, EVPs and even C-suite participants. Were looking at just about 150 registrants from 75 different companies across the country.

Industrial

Housing Wire

JUNE 10, 2025

1 loan originator in the country by volume for at least five years, was announced as the new president of Rate Mortgage. 8 on Inside Mortgage Finance ’s list of top originators with just under $40 billion in volume last year. Over his 20-year career, Banosian has closed more than 40,000 loans totaling $9 billion in funded volume.

Title

Housing Wire

APRIL 7, 2025

to 53 loans, its highest monthly figure since September, according to RMI. 56 loans in March separated leading HECM lender Mutual of Omaha Mortgage with its next closest competitor, Finance of America (FOA). to 476 loans, while South River Mortgage s performance drop was generally less severe, falling by 1.5%

Mortgages

Housing Wire

JULY 11, 2025

Lead generation for mortgage brokers and officers is all about consistently filling your pipeline with individuals who are interested in buying a home now or in the future. Loan officer profile visible to leads (Source: LendingTree ) Want leads fast? Check out LendingTree. Visit LendingTree 3. Take a look at Hova Digital.

Mortgages

Housing Wire

MAY 13, 2025

Better Home & Finance Holding Co. At the core of this strategy is Better s AI loan assistant, Betsy , which executed 127,000 consumer interactions in March. Another notable factor in accomplishing all three goals is Better’s partnership with NEO Home Loans , announced in January. Or do you want to triple your business?”

Purchase and sale agreement

Housing Wire

MAY 14, 2025

It includes different responsibilities than just being an agent; you are in charge of hiring, managing brokerage finances, training, overseeing deals, networking and building a positive business reputation. Is scrolling homes on Zillow a favorite pastime of yours? Do you subscribe to every real estate-related email newsletter?

Property Management