Housing Wire

NOVEMBER 1, 2021

The lender announced Friday a partnership with Salesforce to deliver Rocket’s mortgage origination capabilities directly to banks, credit unions and other FIs through Salesforce Financial Services Cloud. ” There are nearly 5,000 FDIC-insured banks and more than 5,000 credit unions in the U.S. .

Banks 366

Banks Mortgages Loan Officer Lending 366

Housing Wire

APRIL 27, 2023

Movement Mortgage has tapped Brady Yeager to join the team as national sales director, a role that will lead the expansion of Movement across the country. “I’ve always been passionate about helping loan officers grow their business to serve more families in our communities.

Sales 318

Sales Loan Officer Lending Residential 318

Housing Wire

OCTOBER 24, 2023

Patton Gade, the top producing loan officer for VA home loans in the U.S. Military Academy at West Point, will continue to originate loans and hold the national director of military lending position at UMortgage. He’ll join forces with fellow veteran loan originator Jay Bunte in the brokerage firm.

VA loan 413

VA loan Loans Loan Officer Brokerage 413

Housing Wire

JANUARY 25, 2024

California-headquartered LoanSnap was hit with a temporary order to cease and desist from Connecticut’s Department of Banking for “systemic” unlicensed mortgage loan origination activity. LoanSnap requested a hearing, according to Connecticut’s Department of Banking.

Loan Officer 336

Loan Officer Loans Banks Title 336

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. The current multi-phase integration with nCino already enables Polly pricing searches for loans and loan applications within the nCino Mortgage Suite web interface.

Mortgages 334

Mortgages Loan Officer Technology Banks 334

Housing Wire

MAY 22, 2024

Kamran is based in Los Angeles and will support Certainty’s strategy and sales performance. The technologically advanced mortgage platform empowers loan officers to serve both customers and business partners with ease and excellence. He also held various executive positions at Bank of America for 16 years. “We

Lending 329

Lending Development Loan Officer Finance 329

Housing Wire

NOVEMBER 16, 2022

trillion in loans, about half of 2021’s $4.4 But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Still, consolidation is clearly underway in the mortgage banking industry already. loan officers] in pods.’”.

Banks 400

Banks Mortgages Loan Officer Due diligence 400

Housing Wire

MARCH 11, 2024

Digital mortgage automation solution provider Floify launched a mortgage point-of-sale (POS) platform for lenders. 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.

Mortgages 370

Mortgages Loan Officer Loans Banks 370

Housing Wire

FEBRUARY 2, 2024

Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. The remainder transitioned to CrossCountry Mortgage , Synergy One Lending , Capital Bank , First Home Mortgage Corp. In turn, lenders charge the EPO fees to their branches and/or loan officers, depending on the company’s structure.

Loan Officer 374

Loan Officer Loans Lending Mortgages 374

Housing Wire

APRIL 30, 2024

Founded in Denver in 1981, Universal added 60 loan officers to Lower. Thrive CEO Selene Kellam , and Randell Gillespie , its national sales director, joined the executive team at Lower. ” Another minority stakeholder at Lower is Veritex Holdings , the parent company of Veritex Community Bank.

Loan Officer 374

Loan Officer Banks Lending Loans 374

Housing Wire

FEBRUARY 15, 2023

Roughly a year after Mortgage Coach and Sales Boomerang were acquired by a private equity firm, they’ve merged their services onto one platform and rebranded to “TrustEngine.” The company says more than 200 independent mortgage companies, credit unions, banks and brokers currently use TrustEngine’s solutions.

Sales 318

Sales Mortgages Loans Loan Officer 318

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

NOVEMBER 8, 2023

Loan officers will be able to add MeridianLink Mortgage loan pipeline data directly into Polly’s product and pricing engine in real time, and vice versa. The partnership allows lenders using MeridianLink Consumer LOS to leverage Blend’s unified platform and consumer banking origination software.

Loan Officer 329

Loan Officer Loans Banks Lending 329

Housing Wire

FEBRUARY 1, 2024

The restructuring also includes reduced compensation for loan officers, and sources said that many are seeking new opportunities at rival lenders. NewRez declined to comment on recent M&A rumors , but an executive said its retail platform is not for sale. There’s always noise about NewRez not being committed to retail.

Loan Officer 383

Loan Officer Loans Mortgages Banks 383

Housing Wire

FEBRUARY 27, 2024

Gatling was previously a sales manager at loanDepot , where she spent almost seven years. of the total) and purchase loans (93.5%), according to the mortgage tech platform Modex. This role offers me a platform to be more than just a loan officer,” Gatling said in a statement.

FHA loan 387

FHA loan Loan Officer Loans Staging 387

Housing Wire

MAY 23, 2024

Editor in Chief Sarah Wheeler sat down with Christos Bettios, chief information officer at NFM Lending , to talk about the company’s private, proprietary GPT that is making his whole team more efficient. Bettios has been at NFM Lending for seven years and previously worked at US Bank Home Mortgages and First American Mortgage Solutions.

Loan Officer 342

Loan Officer Lending HR Loans 342

Housing Wire

OCTOBER 5, 2023

Shirley Gary, Tracy Allen, Realty Group , and the Advanced Super Team ranked highest in AREAA’s real estate sales list, while Shashank Shekhar and Joanna Yu topped the loan originators rankings. billion in sales volume from 20,472 transaction sides in 2022. When added-up together, the A-List honorees generated more than $15.4

Loan Officer 333

Loan Officer Mortgages Loans Banks 333

Housing Wire

SEPTEMBER 29, 2023

The loan officers that Scott Groves talks to are struggling. Instead of Mary and Bob Smith buying a place, it’s Mary and Bob Smith and Bob’s mom,” said Dominic Carlucci, sales manager at CMG Home Loans. “We’re Really struggling. It’s no longer about just outlasting a bad market for a couple of months. “I

Loan Officer 403

Loan Officer Mortgages Fixed-rate mortgage Loans 403

Housing Wire

APRIL 22, 2024

Roque, who co-founded M&A and retail mortgage banking firm Menlo Co. He was tasked with adding “value to the consumer in the homeownership experience“ while increasing sales volumes and revenues, he said. CCM has created a top-performing sales culture that’s the envy of every mortgage company in the country. “CCM

Mortgages 329

Mortgages Loan Officer Loans Banks 329

Housing Wire

JANUARY 26, 2022

Philadelphia-based private equity firm LLR Partners announced Tuesday its investment in Sales Boomerang and Mortgage Coach , two fintechs focused on attracting and retaining mortgage borrowers and making loan originators more efficient. The post Mortgage Coach and Sales Boomerang snag new investor appeared first on HousingWire.

Investor 280

Investor Sales Mortgages Loan Officer 280

Housing Wire

OCTOBER 25, 2023

The firm is a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers. The average of preapproved borrowers per loan officer fell by 11.6% Meanwhile, the average preapproval loan amount in Q3 decreased slightly by 2.5%

FHA loan 381

FHA loan Marketing Loan Officer Loans 381

Housing Wire

MARCH 29, 2023

And, following investors’ rush into bonds after the recent bank failures earlier this month, yields moved even lower last week — and mortgage rates followed. Purchase applications remain over 30% behind last year’s pace, but recent increases, along with data from other sources showing an uptick in home sales, is a welcome development.”

Mortgages 395

Mortgages Pre-approval Banks Loan Officer 395

Housing Wire

OCTOBER 24, 2023

Insellerate , a CRM provider serving banks, lenders and credit unions, announced an integration with Finastra ’s MortgagebotLOS and Originate solutions on Tuesday. It also offers a native mobile application, which gives more flexibility to loan officers.

Loan Officer 388

Loan Officer Lending Loans Banks 388

Housing Wire

JUNE 6, 2023

Union Home Mortgage (UHM), an independent mortgage banking company, announced on Tuesday that it has appointed Linda Thomas as regional manager for the company’s Florida operations. In this role, Thomas will primarily focus on recruiting loan officers across the state. “Florida has always been a key focus for us.

Loan Officer 356

Loan Officer Banks Lending Mortgages 356

Housing Wire

MARCH 30, 2021

It’s no secret credit scores can hinder a potential borrower’s ability to qualify for the best loan program, which can ultimately lead to poor borrower satisfaction. Some borrowers may qualify for a loan, but due to poor credit, the loan won’t come with the best terms. Or, give up looking altogether.

Pre-qualification 432

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 432

Housing Wire

APRIL 12, 2023

A total of 45% of participants said home sales in their markets will remain flat for the next three months; 30.3% said sales will go up more than 5%; and 25.2% expected sales to go down more than 5% In the latest report from the National Association of Realtors (NAR), existing home sales rose 14.5% About 47.1%

Mortgages 309

Mortgages Loan Officer Marketing Seller concession 309

Housing Wire

JANUARY 19, 2023

Voyles will be responsible for growing the retail division overseeing sales, operations and marketing as well as building on the existing framework, the company said Wednesday. After being sold to frequent bank investor Gaylon Lawrence in January 2019, the business name changed to Guaranty Home Mortgage Corporation.

Mortgages 352

Mortgages Loan Officer Lending Banks 352

Housing Wire

JUNE 15, 2022

Appraisal management technology and compliance solutions provider Appraisal Logistics has named Anthony Savala as senior vice president of sales and Nicholas Turansky as national account director. His previous positions include vice president at Community National Bank and regional banking manager for MetLife Bank. .

Loan Officer 322

Loan Officer Banks Technology Development 322

Housing Wire

OCTOBER 10, 2023

“I think folks tend to get creative and take a bit more risk than they might be willing to take in a market where rates are lower,” Holly Bunting, a partner at Mayer Brown in the areas of residential mortgage banking and consumer finance, said in an interview. For lenders and brokerages, the risks of LOs or agents overstepping are high.

Loan Officer 410

Loan Officer Loans Brokerage Mortgages 410

Housing Wire

OCTOBER 11, 2022

Mortgage Coach , a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform.

Mortgages 359

Mortgages Loan Officer Loans MLS 359

Housing Wire

FEBRUARY 14, 2024

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. Consequently, 37% of homeowners say they want to move but are staying in their current home.

Backup offer 362

Backup offer Loan Officer Home sale contingency Branding 362

Housing Wire

SEPTEMBER 16, 2022

Loan Officer Freedom. Host Carl White, founder of The Mortgage Marketing Animals loan officer coaching program, shares insights for loan officers on how to close more while working less. Loan Officer Leadership. 10 Loans a Month. The Loan Officer Podcast. Housing News.

Loan Officer 404

Loan Officer Mortgages Lending Loans 404

Housing Wire

DECEMBER 29, 2023

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. A successful loan officer in this market needs a very capable qualified assistant.

Mortgages 440

Mortgages Loan Officer Loans Equity 440

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

NOVEMBER 10, 2022

Home sales have declined significantly and, as we approach year-end, they are not expected to improve.”. Freedom Mortgage , Prosperity Home Mortgages and the mortgage division of Citizens Bank issued pink slips in October and the two first weeks of November. A massive job cut.

Mortgages 362

Mortgages Loan Officer Banks Lending 362

Housing Wire

OCTOBER 12, 2023

By deploying customer intelligence from Total Expert — a customer engagement platform for financial institutions — Mountain West Financial will provide automated alerts that notify its loan officers in real-time when a customer’s behavior or financial situation signals they’re a good candidate for a home loan, Total Expert said.

Loan Officer 382

Loan Officer Lending Loans Equity 382

Housing Wire

FEBRUARY 16, 2021

However, the Point of Sale category took a turn for the better in 2020. Bank of America recently reported that their digital mortgage transactions have nearly doubled over the past year, citing 68% of all consumer mortgage sales were made digitally in 2020, compared with just 36% in 2019. . 3 Self-driving banks.

Mortgages 530

Mortgages Banks Loan Officer Technology 530