Housing Wire

DECEMBER 16, 2024

If you’re making 20 or 25 basis points as an owner of a small or large independent mortgage bank (IMB), it’s not worth the risk. There will be new technology , benefits and more standardization of policies and processes. But you dont want to be in a position where you have to sell.

Loan Officer 369

Loan Officer Technology Loans Banks 369

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 440

Banks Mortgages Loan Officer Lending 440

Housing Wire

FEBRUARY 19, 2025

The top-producing loan officer brings a proven track record of high-volume production and financing solutions for borrowers. Franquemont funded $38 million across 103 loans 2024 alone, according to Rate. He first joined Guaranteed Rate in January 2019 after a two-year stint as a loan officer at Northpointe Bank.

Loan Officer 345

Loan Officer Lending Loans Technology 345

Housing Wire

DECEMBER 4, 2024

“As the market stabilizes, I look forward to helping clients achieve their home financing goals with the support of Rate’s unparalleled technology and commitment to low rates.” Most recently, Lindsay served as a mortgage loan officer at U.S.

Lending 392

Lending Mortgages Loan Officer Loans 392

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. Then, loan officers licensed in multiple states can support the retention team by handling those loans.

Mortgages 363

Mortgages Loan Officer Lending Loans 363

Housing Wire

APRIL 18, 2024

Florida-based First Federal Bank announced on Thursday that it struck a deal to acquire Watson Mortgage Corp., First Federal Bank has 25 branches in the Southeast and operations in the Midwest, including mortgage centers in Jacksonville, Florida ; Alpharetta, Georgia; Madison, Wisconsin; and Overland Park , Kansas.

Banks 440

Banks Mortgages Loan Officer Lending 440

Housing Wire

MAY 30, 2023

And, in the mortgage industry, AI will play an instrumental role in helping loan officers to be more efficient, according to Nima Ghamsari , Blend ‘s co-founder and CEO. The most difficult part, however, is building the technology. Blend’s mortgage banking software processed 23.2% in the second half of 2021.

Loan Officer 411

Loan Officer Loans Banks Technology 411

Housing Wire

SEPTEMBER 2, 2021

While new technologies have a reputation for breaking the bank, the average lender only budgets less than 10% of their overall operations costs for technology. Without loan officer adoption, that spend becomes frivolous, making a lender’s decisions on which technologies to include in the tech stack extremely important.

Technology 451

Technology Closing Loan Officer Mortgages 451

Housing Wire

MARCH 6, 2025

Real credited its technology offerings and business model for the explosive growth in agents. It started 2024 with 18 loan officers and finished the year with about 90. Real CEO Tamir Poleg also provided an update on the companys technology offerings. Real also added head count to its nascent mortgage business.

Brokerage 370

Brokerage Agents Loan Officer Technology 370

Housing Wire

APRIL 22, 2025

In this executive interview, NEO Home Loans President Ryan Grant discusses the company’s partnership with Better Mortgage , which is aimed at combining technological innovation and local market knowledge. Adding value HW: How does this partnership help loan officers add more value to clients? Now they dont have to.

Lending 369

Lending Loans Mortgages Technology 369

Housing Wire

JANUARY 22, 2024

He has more than 25 years of mortgage technology and enterprise software experience with his latest stint being chief product officer at Accela , a government tech provider. Prior to Accela, Coggiola spent 12 years leading product and technology initiatives at ICE Mortgage Technology , which was then Ellie Mae Inc.

Technology 439

Technology Mortgages Loan Officer Loans 439

Housing Wire

OCTOBER 31, 2023

HousingWire recently spoke to Sandra Madigan, EVP of product strategy – servicing technology at ICE Mortgage Technology , about improving the home buying and ownership experience with technology and how the industry can do so thoughtfully. What do you think the disconnect is there, and do you see this changing in the future?

Technology 451

Technology Loan Officer Loans Banks 451

Housing Wire

APRIL 3, 2023

Cornerstone Servicing , a division of recently formed Cornerstone Capital Bank , has launched a subservicing business, the company announced Monday. Cornerstone Servicing ’s client portal provides complete, real-time portfolio analytics and loan-level data to enable smart portfolio management. billion in assets.

Banks 392

Banks Loan Officer Lending Loans 392

Housing Wire

SEPTEMBER 28, 2022

On Tuesday, the fintech and PNC Bank announced a partnership that allows customers to digitally apply for a mortgage and import bank/payroll information directly into their application. PNC mortgage loan officers can also collaborate real-time with customers through their online portal, the bank said.

Banks 369

Banks Loan Officer Technology Title 369

Housing Wire

APRIL 13, 2023

First Federal Bank will acquire the mortgage division of BNC National Bank , which will give the Florida-headquartered community-based bank a nationwide consumer direct mortgage platform. The purchase, which includes the bank’s consumer-direct technology platform, is expected to close in the second quarter of 2023.

Banks 392

Banks Mortgages Loan Officer Residential 392

Housing Wire

JULY 25, 2022

Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. The layoffs include loan officers, underwriters, processors, post-closing and secondary market staff.

Banks 370

Banks Loan Officer Loans Lending 370

Housing Wire

APRIL 21, 2025

CrossCountry Mortgage and digital banking platform Blend on Monday announced an expanded partnership to drive innovation for independent mortgage banks ( IMBs ). The partnership brings together CrossCountry ‘s 7,000-plus employees across more than 700 branches and Blend ‘s technology platform that powered nearly $1.2

Loan Officer 345

Loan Officer Technology Banks Development 345

Housing Wire

FEBRUARY 3, 2023

The layoffs at USAA Federal Savings Bank represent about 1.6% of the total bank workforce, Bradley Russell, USAA’s corporate spokesperson, confirmed. “In Origination volume for USAA Federal Savings Bank dropped 39% in 2022, declining to $5.17 The bank has 197 active loan officers and 12 branches across the country.

Banks 74

Banks Lending Loan Officer Mortgages 74

Housing Wire

MARCH 15, 2023

Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers. The company’s average mortgage loan was about $1.45

Banks 370

Banks Mortgages Loans Loan Officer 370

Housing Wire

MARCH 7, 2025

Ohio -based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer. ” Alonzo arrives at UHM with 25 years of mortgage and banking experience, most recently at Caliber Home Loans. The terms of the deal were not disclosed.

Mortgages 221

Mortgages Loan Officer Technology Banks 221

Housing Wire

FEBRUARY 16, 2021

As demonstrated in the brilliant UWM Superbowl ad , Millennial homebuyers are looking to technology to match them with the right partners in life, including their mortgage. From a consumer’s perspective, the idea that we wouldn’t be able to connect our bank accounts and financial records in an app is already perceived as archaic. #3

Mortgages 534

Mortgages Banks Technology Loan Officer 534

Housing Wire

APRIL 14, 2025

Employees at NJ Lenders are joining Minneapolis-based Luminate Bank , following a challenging period at the Little Falls-based nonbank that included criminal charges of mortgage fraud involving two former loan officers in 2024. Luminate will retain loan production offices in seven states while expanding its national footprint.

Banks 221

Banks Loan Officer Mortgages Loans 221

Housing Wire

SEPTEMBER 13, 2024

Buffalo, New York-based mortgage technology firm LenderLogix , a top provider of point-of-sale (POS) and automation software for independent mortgage banks , commercial banks and third-party brokers, announced Thursday that Ben Head will join the company as an account executive.

Sales 427

Sales Mortgages Loan Officer Technology 427

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 427

Banks Mortgages Loan Officer Due diligence 427

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. Technology can enable lenders to educate borrowers.

Pre-qualification 461

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 461

Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. SW: ICE Mortgage Technology is known for its focus on automation. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

Technology 411

Technology Mortgages Loans Industrial 411

Housing Wire

DECEMBER 6, 2023

The partnership will boost loan officers ’ capacity to deliver personalized, efficient and tech-powered solutions directly to their clients and agents. Meanwhile, LoanPASS’s flagship products and pricing engine (PPE) automates product and pricing decision-making for all loan products.

Loan Officer 461

Loan Officer Banks Lending Loans 461

Housing Wire

MAY 1, 2023

The tool is designed to address the issue of sensitive data being handled by lenders and loan officers on a daily basis, including social security numbers, paystubs, and tax returns. According to Maxwell, the company’s suite of tools have resulted in a 20% increase in loans closed per loan officer.

Loan Officer 411

Loan Officer Mortgages Technology Loans 411

Housing Wire

MAY 13, 2025

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. “In January, we funded $2 million of loans for four families. .

Purchase and sale agreement 273

Purchase and sale agreement Loan Officer Loans Equity 273

Housing Wire

SEPTEMBER 11, 2023

Cliffco Mortgage Bankers is among the rare independent mortgage banks doing more business than last year. The New York-based independent bank exceeded its 2022 production volume of $400 million in August, but the end goal is far more ambitious: The company is aiming to produce between $3 billion to $5 billion in origination volume annually.

Loan Officer 411

Loan Officer Agents Loans Technology 411

Housing Wire

AUGUST 13, 2021

This tipping point came after several years of rapid technology growth in our industry. The trends we elaborated on two years ago, pre-COVID, are now the standard: Digital is the new normal and technology is now the price of entry rather than a competitive advantage. Tech companies can leverage banking as a service and white label it.

Loan Officer 469

Loan Officer Technology Loans Mortgages 469

Housing Wire

JANUARY 11, 2024

Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. Clients of FinLocker include loan officers, mortgage lenders, servicers, banks and credit unions.

Loan Officer 461

Loan Officer Technology Loans Banks 461

Housing Wire

OCTOBER 11, 2023

The integration of CoreLogic’s AutomatIQ Borrower Income Analysis, SmartFees and property data into the DMP interface will allow loan officers can obtain crucial information about borrowers and properties at the outset of the process, CoreLogic noted. “By It then tailors that data to the home-buying process.

Mortgages 440

Mortgages Loan Officer Banks Lending 440

Housing Wire

MARCH 18, 2025

He climbed the ladder to the role of president, and led sales and operations at a top-25 independent mortgage bank with 5,600 employees that notched $33 billion in volume during the peak of the mortgage boom. billion in origination volume in 2024, has 29 offices and is licensed in 47 states. NMB did about $1.6

Loan Officer 293

Loan Officer Mortgages Banks Technology 293

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 426

Loan Officer Loans Banks Title 426

Housing Wire

NOVEMBER 8, 2023

Polly , a software-as-service mortgage tech firm, announced a bi-directional integration with MeridianLink , a loan origination software system provider, on Tuesday. 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.

Loan Officer 426

Loan Officer Loans Banks Lending 426

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 439

Mortgages Loan Officer Technology Banks 439