Housing Wire

APRIL 18, 2024

The challenges in today’s mortgage market have caused many originators to expand their loan product offerings outside of qualified mortgage (QM) criteria set by the Consumer Financial Protection Bureau (CFPB). Those who have adopted non-QM are seeing additional loans closed each month they otherwise wouldn’t have procured.

Marketing 394

Marketing Loans Investor Banks 394

Housing Wire

APRIL 1, 2024

In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the UPB has diminished right.

Sales 362

Sales Loan Officer Principal Loans 362

Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the forefront, is artificial intelligence , or AI.

Title 367

Title Industrial Land Technology 367

Housing Wire

NOVEMBER 13, 2023

Ron Frasier, a title industry veteran and CEO of title startup Atlas Title , has been watching the commission lawsuit saga closely. “If It is going to change how title companies market their products and services,” Cain said.

Title 404

Title Industrial Purchase and sale agreement Agents 404

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Industrial 414

Industrial MLS FHA loan Agents 414

Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. Previously, the brokerage only operated in the Miami and Palm Beach County markets. We’re excited to expand into the Orlando market,” Serhant said in a statement. “The s first in Orlando.

Marketing 397

Marketing Brokerage Agents Development 397

Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it.

Closing 247

Closing Marketing Title Title search 247

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

Mortgages 396

Mortgages Marketing Loans Equity 396

Housing Wire

SEPTEMBER 26, 2023

Mortgage Machine Services , a digital origination technology provider, has appointed Dan McGrew as director of sales. In this role, McGrew will shoulder the responsibility of marketing the company’s digital products, including the flagship loan origination system (LOS) Mortgage Machine. based boutique SAP consulting firm.

Sales 376

Sales Mortgages Technology Lending 376

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. The post Mid America Mortgage rebrands to Click n’ Close appeared first on HousingWire.

Closing 331

Closing Mortgages Lending Technology 331

Housing Wire

DECEMBER 9, 2022

With only three weeks until 2023 arrives, housing industry executives are adjusting their operations to face what is expected to be another challenging year. . Against the backdrop of this challenging economic and housing environment, companies in the housing industry continued to restructure and cut workforce to better position themselves.

Industrial 351

Industrial Residential Mortgages Investor 351

Housing Wire

NOVEMBER 8, 2023

“The largest, undisrupted market in the U.S.,” The Opendoor presentation projected sales of more than 37,500 homes in 2023. While home sales are down nationwide in 2023’s high-mortgage-rate environment , sales data suggests the aspiring disruptors are losing ground to industry stalwarts.

Marketing 411

Marketing Investor Sales Renovation 411

Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. ICE expects to have its second-best year for MSP sales since 2017. billion,” Gardiner said.

Industrial 274

Industrial Mortgages Technology Loan Officer 274

Housing Wire

SEPTEMBER 2, 2021

The mortgage industry is still seeing record-breaking numbers, but those numbers have started to wane and lenders looking to succeed in a slow market need to begin preparations today. Recent trends indicate that the mortgage market is beginning to see the end of the refinance boom and enter a purchase heavy market.

Technology 419

Technology Closing Loan Officer Mortgages 419

Housing Wire

OCTOBER 31, 2022

This is projected to be a record year for consolidation among mortgage lenders, largely due to the dramatic shift from a refinance boom to a purchase mortgage market and the total origination volume, which has shrunk to about half the size from 2021. Most recently, Guild Mortgage expressed interest in acquisitions. billion mega-deal.

Industrial 347

Industrial Mortgages Principal Loans 347

Housing Wire

MARCH 21, 2023

After 12 months of declines , existing home sales rebounded in February, climbing 14.5% However, existing home sales were still down 22.6% Moreover, we’re seeing stronger sales gains in areas where home prices are decreasing and the local economies are adding jobs.” months of supply at the current sales pace.

Sales 372

Sales MLS Mortgages Marketing 372

Housing Wire

NOVEMBER 30, 2020

pending home sales fell 1.1% in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. Year over year, pending sales are showing promise in every region of the U.S, compared to a year ago. The Midwest dropped 0.7%

Sales 532

Sales Development Equity Land 532

Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. The message was clear: if you weren’t already invested in new digital mortgage experience, then your competition already beat you to the sale.

Industrial 349

Industrial Mortgages Lending Technology 349

Housing Wire

JULY 19, 2022

Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. We interviewed more than 25 mortgage industry experts to gather the best insights, strategies, and recommendations to pivot and win in today’s market. Notable trends in a new era of sales.

Industrial 397

Industrial Mortgages Loan Officer Technology 397

Housing Wire

MARCH 12, 2024

San Diego-based lender Guild Mortgage lost money in 2023 but grew its market share through a focus on purchase mortgage originations, it reported in an earnings call on Tuesday. Market conditions were challenging throughout 2023 due to higher interest rates and limited housing inventory, Guild Holdings CEO Terry Schmidt told analysts.

Marketing 395

Marketing Mortgages Loans Finance 395

RIS Media

MAY 22, 2023

Over the past few years, closing a real estate deal was easy for many real estate agents. Homes flew off the market almost as soon as they were listed. The actual closing seemed like just a formality.

Closing 98

Closing Sales Marketing Agents 98

Housing Wire

OCTOBER 16, 2023

The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists of the the Mortgage Bankers Association (MBA) said at the 2023 Annual Convention & Expo in Philadelphia, Pennsylvania. In terms of units, the MBA expects about 5.2 and reach 5.5%

Mortgages 484

Mortgages Marketing Banks Industrial 484

Housing Wire

AUGUST 15, 2023

Rather than fear the storm, Keller Williams agents embody resilience and adaptability to conquer any market challenge. Keller kicked off the first day of the two-day gathering by offering his take on the housing market and economic conditions. Our goal is for you to always be the economist of choice in your local market,” Keller said.

Agents 365

Agents Marketing Staging Industrial 365

Housing Wire

APRIL 28, 2022

The greatest concern is quickly rising mortgage rates, resulting in overall margin compression and essentially a nonexistent market for refinances. Adaptability will be critical to navigating the rapidly changing market but it’s just as important to have a comprehensive understanding of your business.

Industrial 354

Industrial Mortgages Loans Equity 354

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% January sales fell 2.3% The supply of homes for sale fell to a record low, down 16.5% The supply of homes for sale fell to a record low, down 16.5% Sales of homes priced above $1 million were up 39%. .

Sales 404

Sales New Construction Equity Construction 404

Housing Wire

DECEMBER 17, 2021

As we approach 2022, some concerning headwinds confront the mortgage origination industry. In terms of managing financial risk, considerations include interest rate, market and reputation. For companies to survive and thrive, mortgage executives must focus on three primary factors: risk, strategy and efficiency. Opportunity awaits.

Industrial 381

Industrial Mortgages Development Loans 381

Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. Mortgage rates and rate volatility continue to impact transaction volumes, and we find ourselves at historic lows for sale of existing homes.

Title 400

Title Marketing Investor Commercial 400

Housing Wire

APRIL 12, 2023

With the mortgage industry still rightsizing, mortgage professionals are worried about regulation of the industry and inflation that thins already tiny margins. None of the surveyed mortgage professionals said staff cuts caused decreased ability to close loans and lack of training were the challenges they faced. About 47.1%

Mortgages 337

Mortgages Loan Officer Marketing Seller concession 337

Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. business advisory firm in real estate, mortgage finance, digital mortgage, banking and capital markets.

Closing 473

Closing Loans Banks Investor 473

Housing Wire

MARCH 18, 2022

Since H4P volume is only a small fraction of the total business done in the reverse mortgage industry based on 2021 data , Mangus sat down with RMD to discuss his approach in successfully cultivating H4P business. I closed 28 H4P transactions last year, over 1% of the national total. 1% of the national HECM for Purchase total.

Loans 479

Loans Closing Mortgages Equity 479

Housing Wire

MAY 31, 2023

California-based lender loanDepot has promoted Alec Hanson , the company’s senior vice president of production for the West division, to the role of chief marketing officer. Hanson will also be responsible for the company’s originator-led field-level marketing capabilities.

Marketing 352

Marketing Equity Branding Development 352

Housing Wire

MAY 26, 2023

Whether you believe the worst market conditions are now behind us or that the coming months will remain turbulent, there’s no doubt that title related businesses will need a combination of thrift, ingenuity, innovation and persistence to be successful for the foreseeable future. Fannie Mae forecasts $1.6 Cutting corners is not an option.

Title 326

Title Marketing Purchase and sale agreement Commercial 326

Housing Wire

JULY 27, 2021

HousingWire recently spoke with SitusAMC CEO Michael Franco about the current market outlook and how lenders can focus on efficiency and stay agile in the midst of market shifts. HousingWire: What’s driving lenders’ need for agility and efficiency in the current market? Entering 2020 the market was expecting <$2.0

Industrial 382

Industrial Mortgages Lending Due diligence 382

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? By September, a full-fledged housing market recession had set in. The 2002 housing market has been a tale of two halves,” said Green. A mortgage rate lockdown freezes the housing market.

Equity 514

Equity Marketing Loans Bankruptcy 514

Housing Wire

MAY 10, 2022

The greatest concern is quickly rising mortgage rates, resulting in overall margin compression and essentially a nonexistent market for refinances. Adaptability will be critical to navigating the rapidly changing market but it’s just as important to have a comprehensive understanding of your business’ KPIs.

Industrial 382

Industrial Mortgages Loans Equity 382

Housing Wire

APRIL 20, 2023

The HW Marketing Leaders award celebrates the industry’s most innovative and influential marketing minds who are continuing to help their organizations grow and flourish. ” — Kasia Stephenson , vice president and director of marketing, at Sierra Pacific. What’s the best advice you’ve ever received?

Marketing 340

Marketing Branding Industrial Closing 340

Housing Wire

FEBRUARY 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported operating income of $57 million in 2022, down from last year’s $397 million — a reflection of the headwinds the mortgage industry is facing. In fact, the strongest quarter that we had of all 2022 was the fourth quarter.”

Technology 366

Technology Sales Mortgages Lending 366