Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. Right now, we have 200 different investors.”

Mortgages 399

Mortgages Loan Officer VA loan Lending 399

Housing Wire

APRIL 22, 2024

Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

Brokerage 416

Brokerage Title MLS Commercial 416

Housing Wire

APRIL 22, 2024

Tager focused more on the marketing implications, how his company has used generative AI to create marketing initiatives and shared thoughts on what the development of the technology could mean for the space overall. “We We have a strong opinion on how AI will impact the industry and where it’s going,” Team began. Team asked.

Technology 416

Technology Brokerage Agents Development 416

Housing Wire

MAY 1, 2024

We are advantaged primarily because we are a product and technology company first.” Those are the products and brands we admire the most,” Barton said. Those who have followed us for a long time know how aggressive and innovative we have been, methodically converting our sticky audience into revenue.

Industrial 430

Industrial Technology Agents Finance 430

Housing Wire

MAY 2, 2024

Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.

Brokerage 418

Brokerage Agents Residential Sales 418

Housing Wire

APRIL 25, 2024

Real estate technology company reAlpha Tech Corp. launched Claire, a generative artificial intelligence -powered, zero-commission buyers’ agent chatbot, the company announced on Wednesday. Claire boasts a conversational interface to guide users through every step of the homebuying journey, from property search to deal closing.

Agents 417

Agents Technology Residential Industrial 417

Housing Wire

FEBRUARY 20, 2024

” Den Herder, who spent about 15 years at Fannie Mae before founding Ardley in 2021, explained that the platform runs the borrower eligibility and pricing rule at every stage throughout the loan application and is able to offer a conditional approval at the end of the process. .

Technology 407

Technology Loans Staging Equity 407

Housing Wire

APRIL 9, 2024

Rocket Mortgage ’s bet on artificial intelligence (AI) has resulted in a patented platform called Rocket Logic, which can automatically process nearly 90% of data points extracted from documents in a month and reduce by 25% the number of times a professional interacts with a mortgage loan year over year, the company claims.

Loans 462

Loans Technology Mortgages Finance 462

Housing Wire

APRIL 9, 2024

If any of our partners get roped into their frivolous lawsuit, UWM will cover your attorneys’ fees in connection with these fraudulent claims,” the company said in a message on social media on Tuesday morning. “We We have seen ‘ambulance chasing’ attorneys try to scare consumers and brokers.”

Fixed-rate mortgage 439

Fixed-rate mortgage Loans Mortgages Loan Officer 439

Housing Wire

APRIL 24, 2024

I don’t do that so much internally right now because we’ve got this separation in retail and wholesale, but my job is to do that for the partners and for the 86,000 loan officers out there not offering reverse mortgages. After I transitioned into wholesale marketing, we had very few resources. The response was swift. “He

Mortgages 410

Mortgages Loan Officer Principal Loans 410

Housing Wire

FEBRUARY 15, 2024

We were focused on being able to take a consumer all the way through on our technology platform for just the conventional loans, and we achieved that milestone back in the summer of 2023. Better’s rate for VA loans was 6.375% as of Tuesday afternoon, the company said. Eligible U.S. billion in Q3 2022. “VA

VA loan 407

VA loan Loans Loan Officer FHA loan 407

Housing Wire

APRIL 23, 2024

Martell said that when the mortgage market meltdown happened in 2022, the company set a plan that included simplifying the organizational structure, focusing on client service and quality, automation and operating leverage. The company now has a digital HELOC offering. loanDepot recorded a non-GAAP adjusted net loss of $142.4

Mortgages 361

Mortgages Technology Equity Renovation 361

Housing Wire

JANUARY 29, 2024

Through the All-In Initiative, or “ultimatum,” UWM had ended its business relationship with brokers who chose to continue originating loans to Rocket and Fairway. A UWM spokesperson wrote to HousingWire, “Unfortunately, Atlantic Trust Mortgage is one of the companies who signed a contract and then knowingly breached it.

Loan Officer 441

Loan Officer Lending Loans Mortgages 441

Housing Wire

MARCH 1, 2024

Thomas Cangemi is stepping down as president and CEO of New York Community Bancorp (NYCB) following the company’s disclosure of internal control deficiencies and a goodwill impairment of $2.4 The company announced on Thursday that Cangemi, who has been with the company for 27 years, will remain on the board.

Banks 415

Banks Loans Commercial Mortgages 415

Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. It’s scary out there,” a technology leader at a top lender said anonymously, adding that there were recent cyberattack attempts at his company.

Industrial 455

Industrial Mortgages Investor Technology 455

Housing Wire

FEBRUARY 23, 2024

Rocket Companies , the parent of Rocket Mortgage , lost money in 2023 , but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. The company doesn’t break out purchase business versus refinances in its earnings reports.

Equity 421

Equity Bankruptcy Loans Mortgages 421

Housing Wire

JANUARY 25, 2024

Finance of America Companies (FOA) Chief Marketing Officer Chris Moschner found himself working for the lender in the wake of its acquisition of American Advisors Group (AAG), and Moschner previously told RMD about his journey to the position and the “intoxicating” opportunity he sees in the reverse mortgage space. So, that’s really it.”

Industrial 418

Industrial Mortgages Marketing Finance 418

Housing Wire

APRIL 18, 2024

Ike Suri: It was the highest we’ve seen for wire fraud risk. Are we surprised? With the environment we’re in today, you’ve got attorney states where we see a lot of this fraud happening. IS: We saw wire fraud risks in 9.2% Wire fraud risk in particular was present in 9.2% of the loans.

Technology 324

Technology Loans Industrial Commercial 324

Housing Wire

MAY 1, 2024

We are grateful for the leadership and stability that the association has enjoyed over the past 25 years under Lisa Vercher and with Scott Norman, we are excited about our future. Finance of America President Kristen Sieffert described Norman as a key figure for both the company and the wider industry.

Mortgages 346

Mortgages Finance Industrial Loan Officer 346

Housing Wire

MARCH 14, 2024

The Anaheim, California-based originator’s application was approved on Wednesday after it fulfilled all statutory requirements for membership, including those related to capital, profitability and liquidity, the company reported. We are excited to expand our impact and better serve our target market borrowers.”

Lending 418

Lending Banks Loans Renovation 418

Housing Wire

MARCH 19, 2024

Calque , a company that partners with lenders to offer non-contingent mortgages to homebuyers, has appointed Michael Bremer as CEO. I am thrilled at the chance to join a company dedicated to alleviating the challenges homeowners face during the homebuying and selling process,” Bremer said in a statement.

Equity 425

Equity Mortgages Agents Sales 425

Housing Wire

FEBRUARY 8, 2024

The company is aiming to bring more reverse mortgage technology solutions to potential partners already in the industry and those that have yet to enter it. George Morales: My new role is really designed to bring reverse mortgage insights and perspectives to the company. The whole idea is to just broaden distribution.

Banks 408

Banks Mortgages Technology Branding 408

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. On the East Coast, the buyer typically pays.

Title 500

Title Title search Land Closing 500

Housing Wire

FEBRUARY 12, 2024

Challenging year, with growth When asked about her first year in the leadership role for NAF’s reverse division, Robinson did not shy away from the challenges that both the company and wider industry faced in 2023. “It There was a lot of growth and a lot of opportunity that we had just in general within the company.”

Loan Officer 410

Loan Officer Loans Mortgages Lending 410

Housing Wire

MARCH 11, 2024

eXp is a great company, but it has gotten a bit bloated and there is so much red tape that things have gotten difficult for myself and some of my agents,” Brohm said of his decision to leave the firm. “eXp We just no longer felt that it was the best brokerage for what we are building.” That openness is just incredible.

Brokerage 450

Brokerage Agents As-is 450

Housing Wire

OCTOBER 25, 2023

First Team Real Estate , the largest independent brokerage in California , left Christie’s International Real Estate , the company first told Inman on Wednesday. We felt that our independence is what got us to where we are today and what will enable us to continue innovating on behalf of our agents. “We

Brokerage 409

Brokerage Agents Branding Development 409

Housing Wire

DECEMBER 21, 2023

Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) sued the developer and lender Colony Ridge on Wednesday, alleging the company operated an illegal land sales scheme and made false statements targeting tens of thousands of Hispanic borrowers in Texas. We look forward to telling the true story of Colony Ridge.”

Lending 432

Lending Land Development Loans 432

Housing Wire

APRIL 3, 2024

The accusations were made against the lender, its parent company UWM Holdings Corp., UWM will defend these allegations to the fullest extent permitted by law and stand with the thousands of independent mortgage brokers who serve the unique needs of borrowers across the country.” Escue, Billy R. Escue, Kim Schelble and Brian P.

Loans 458

Loans Loan Officer Mortgages Closing costs 458

Housing Wire

APRIL 17, 2024

The plaintiffs who signed the contract, however, sued a non-signatory parent company of the signatory brokerages, which “asserted liability based on the non-signatory’s relationship with its subsidiary.” Due to this, HomeServices said it sought to compel arbitration to determine whether the plaintiffs’ claims are able to be settled.

Brokerage 420

Brokerage As-is Agents 420

Housing Wire

NOVEMBER 1, 2023

“We’re really at the darkest part of the market this winter,” Brian Hale, CEO and founder of consultancy Mortgage Advisory Partners , said. ” He added that the hope is we see some improvement in the spring or summer, “but it’s anyone’s guess.” .” And it’s going to be horrible.”

Mortgages 441

Mortgages Loan Officer Loans Banks 441

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. As of mid-March, Richards said the company had signed up more than 20 clients with an aggregate total of more than 5,000 mortgage originations.

Loan Officer 419

Loan Officer Loans Mortgages Equity 419

Housing Wire

NOVEMBER 14, 2023

Wells Fargo and information services company CoreLogic partnered on real estate tax processing operations to enhance risk management, compliance and customer experiences in the mortgage servicing sector. mortgages are serviced by CoreLogic tax solutions, the company’s website shows.

Lending 436

Lending Property Management Equity Mortgages 436

Housing Wire

SEPTEMBER 14, 2023

But Pavan Agarwal, CEO of Sun West Mortgage Company and the creator of the Angel Ai technology, has a different perspective, which he shares in this interview with HousingWire Editor in Chief Sarah Wheeler. However, on our side, what we’ve developed is fundamentally disruptive. PA: The goal is complete robotic manufacturing.

Loan Officer 410

Loan Officer Loans Mortgages Technology 410

Housing Wire

APRIL 15, 2024

HousingWire lead analyst Logan Mohtashami said that so far, “we have held the line on the market pricing in three rate cuts,” but last week’s Consumer Price Index data was a “clear break from that.” That means you’re largely going to see companies that put themselves into desperate situations instead of being proactive on the M&A front.”

As-is 458

As-is Industrial Mortgages Loans 458

Housing Wire

FEBRUARY 21, 2024

Longtime reverse mortgage industry professional Tane Cabe has joined C2 Financial ’s reverse mortgage division as a “retirement mortgage expert,” according to an announcement issued by the company this week. Cabe, who most recently served as president of reverse mortgage lending at Fairway Independent Mortgage Corp.

Mortgages 410

Mortgages Loan Officer Lending Loans 410

Housing Wire

SEPTEMBER 19, 2023

As someone who worked for a large, nationally branded brokerage for 30+ years, I had a front-row seat to many mergers and acquisitions. We learned not to assume anything. We may also see more mergers as brokerages consider the mutual need to cut expenses through consolidations of staff, leases, and resources. That was fun.

Due diligence 409

Due diligence Brokerage Agents Branding 409

Housing Wire

NOVEMBER 1, 2023

Michael Gifford and David Zvaifler‘s home equity investment company, Splitero , lost its main investor, Redwood Trust , HousingWire has learned. A source who received the deck from Splitero provided it to HousingWire on the condition of anonymity. Gifford declined to discuss the company’s financial performance in 2023.

Equity 420

Equity Investor Loan Officer Finance 420