Housing Wire

APRIL 2, 2024

New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.

Loan Officer 440

Loan Officer Loans Finance Mortgages 440

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. The state’s banking commission also charged the firm with violations of the Truth in Lending Act and the Fair Credit Reporting Act.

Lending 440

Lending Loan Officer Banks Loans 440

Housing Wire

DECEMBER 16, 2021

It is an eventful week within the Slack channels of Knock , and an anxiety-filled one for the company’s about 50 loan officers. Knock loan officers draw a median salary of about $75,000 a year, according to these company sources. But on Thursday morning, Knock reversed course. It began 2021 in 14 markets and is now in 70.

Loan Officer 411

Loan Officer Loans Lending Mortgages 411

Housing Wire

APRIL 22, 2025

Here are three strategic areas that deserve renewed focus: Refocus on purchase lending With refinance volume shrinking, lenders must realign operations around purchase demand. This means empowering loan officers with the tools and training they need to serve todays buyersfast preapprovals, clear communication and seamless closings.

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Loan Officer Finance Loans Mortgages 373

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 370

Mortgages Loan Officer Finance Lending 370

Housing Wire

DECEMBER 20, 2023

Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. After Mike paid his loan officer assistant, he was clearing just 40 bps. The lower comp rate stung. Still, it was better than nothing.

Loan Officer 477

Loan Officer Loans Lending Mortgages 477

Housing Wire

OCTOBER 17, 2024

Better Home & Finance, the parent company of digital lender Better.com , launched its voice-based artificial intelligence loan assistant on Thursday. This is true disruption of the non-licensed tasks performed by armies of traditional customer service reps, loan officers, and processors in the mortgage industry,” Garg added.

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Loans Loan Officer Lending Mortgages 427

Housing Wire

MAY 24, 2024

Bank appointed John Hummel to lead its East market for retail home lending. Hummel, who previously led the correspondent and Housing Finance Agency (HFA) business at U.S. Bank, will now oversee a team of 750 sales managers and mortgage loan officers responsible for generating $7 billion in originations, according to a news release.

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Banks Lending Loan Officer Loans 449

Housing Wire

MAY 22, 2024

Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. Our comprehensive product suite offers solutions for virtually every mortgage and home financing need,” Kamran said in a statement. “Our

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Lending Development Loan Officer Finance 439

Housing Wire

NOVEMBER 9, 2022

Rising interest rates, sparked by Federal Reserve tightening policies, is the primary cause of the mortgage-finance industry’s pain right now. In September alone, IMBs slashed some 8,200 jobs, a recent Inside Mortgage Finance analysis of U.S. Charting the loan officer exit. Bureau of Labor Statistics data shows.

Loan Officer 427

Loan Officer Loans Mortgages Industrial 427

Housing Wire

JUNE 20, 2024

Real estate technology firm Knock announced Thursday that its bridge loan product is being integrated into the borrower application process at Baltimore -based NFM Lending. The bridge loan estimate is being integrated into the lender’s workflow through an Encompass plugin. billion.

Lending 440

Lending Loans Loan Officer Equity 440

Housing Wire

OCTOBER 28, 2024

While retaining existing customers should remain a key priority, as interest rates fluctuate, lenders should be prepared to support an increase in new business for refinances, purchases and home equity lending. Sales automation solutions like ICE Velocify help them connect with borrowers faster and stay one step ahead of the competition.

Loan Officer 426

Loan Officer Pre-approval Technology Loans 426

Housing Wire

MAY 29, 2024

Mortgage lender Kind Lending has hired Tammy Richards , who previously held positions at Bank of America , Caliber Home Loans and loanDepot , as its chief operating officer. Tammy is stepping in with Kind Lending to handle some of their strategic initiatives and she is partnering with them to help grow their vision.

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Lending Banks Loan Officer Loans 422

Housing Wire

FEBRUARY 19, 2025

Chris Franquemont Franquemont returns to Guaranteed Rate after a one-year stint as CrossCountry Mortgage’s senior vice president of mortgage lending, producing branch manager. The top-producing loan officer brings a proven track record of high-volume production and financing solutions for borrowers.

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Loan Officer Lending Loans Technology 345

Housing Wire

JUNE 15, 2021

Houston-based nonbank mortgage lender Cornerstone Home Lending is buying Roscoe State Bank , a traditional depository bank headquartered in Roscoe, Texas. The merged organization is to be known as Cornerstone Capital Bank, and the mortgage division will continue to be known as Cornerstone Home Lending. Presented by: Sutherland.

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Lending Banks Loan Officer Loans 461

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

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Lending Mortgages Equity Loan Officer 440

Housing Wire

JANUARY 30, 2025

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis , chief sales officer at Deephaven Mortgage. In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. This interview has been edited for length and clarity.

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New Construction Construction Marketing Investor 338

Housing Wire

NOVEMBER 7, 2023

Banks have tightened lending standards for most categories of residential real estate (RRE) loans and home equity lines of credit (HELOC) over the third quarter of 2023. The survey, fielded quarterly by the central bank, asks loan officers about topics such as changes in lending terms as well as household demand for loans.

Lending 494

Lending Banks Mortgages Loan Officer 494

Housing Wire

AUGUST 10, 2022

Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Lone Peak is the fourth lender to join Panorama this year, following the additions of Utah-based Rely Home Loans , Texas-based Prosperity Mortgage and Oregon-based Vision Mortgage Group.

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Lending Mortgages Loan Officer Branding 440

Housing Wire

AUGUST 2, 2024

HighTechLending , a California -based top-10 reverse mortgage lender, announced on Friday that it is rebranding its wholesale lending division to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

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Lending Branding Loan Officer Technology 439

Housing Wire

AUGUST 11, 2022

In a move the Federal Housing Finance Agency said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. The data will stay with the loan throughout the mortgage term, regardless of whether the servicing rights change hands. “The

Lending 392

Lending Loan Officer Finance Loans 392

Housing Wire

FEBRUARY 6, 2024

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. As for their expectations for 2024, banks expect loan demand to strengthen across all loan categories, citing an expected decline in interest rates.

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Residential Lending Banks Mortgages 494

Housing Wire

MARCH 11, 2025

We’re going to be able to provide so much value to our partners and we’re going to give our partners and loan officers something nobody has and step out into the future here,” said Craig Snell, vice president of sales at Milestone. . “With this technology , we’re going to be able to flip the script.

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Loans Mortgages Loan Officer Technology 370

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

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Lending Mortgages Technology Loans 483

Housing Wire

AUGUST 31, 2022

Houston-based nonbank mortgage lender Cornerstone Home Lending announced on Wednesday it has received all regulatory approvals to acquire traditional depository The Roscoe State Bank, a deal that will expand its operations beyond the traditional mortgage business. Expected to close around Oct. billion in assets, the companies claim.

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Lending Banks Commercial Loan Officer 370

Housing Wire

MARCH 23, 2022

“Marketers and loan officers need to be prepared for a longer lead-nurture timeline today than the refi market frenzy we experienced the last two years,” said Jim Anderson, chief marketing officer at Finance of America Mortgage. From the bottom up, our goal is to build a lifelong relationship around mortgage lending.

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Finance Loan Officer Loans Lending 366

Housing Wire

JANUARY 26, 2023

California-based lender American Pacific Mortgage (APM) announced an asset purchase agreement with retail lender Lend Smart Mortgage on Thursday in its latest move to drum up production across the country. APM bought assets that include about 25 branches from the Minnesota retail lender Lend Smart. million in loan volume last year.

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Lending Purchase and sale agreement Loan Officer Loans 411

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. The post Simplify complex lending processes with powerful analytics appeared first on HousingWire.

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Lending Bankruptcy Equity Loans 427

Housing Wire

NOVEMBER 10, 2023

And that offers an incredible opportunity for banks and non-banks alike to improve their digital channels to better support home equity lending. Home equity line of credit (HELOC) and home equity loan originations increased 50% in 2022 compared to two years earlier, according to the Mortgage Bankers Association ’s Home Equity Lending Study.

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Lending Equity Banks Loans 469

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. Green will deliver a lunchtime keynote speech on home equity extraction and the financing of long-term care.

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Industrial Mortgages Loan Officer Equity 243

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. John Campbell, an analyst at Stephens , shares a similar view. But Zillow has that recognizable consumer brand.

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Loan Officer Loans Mortgages Title 288

Housing Wire

NOVEMBER 1, 2021

They control this business and they have a lot to say about where the buyer goes for financing. Smart loan originators are building relationships with these critical business referral partners now. Real estate agents, like mortgage loan officers, work from wherever they are today. Those days are long are over.

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Lending Purchase and sale agreement Agents Loan Officer 440

Housing Wire

NOVEMBER 21, 2023

In March, the company struck a deal to acquire Homebridge Financial Services ‘s retail division to grow its retail lending business footprint. CMG makes its services and products available through wholesale and correspondent lending as well. The group will be branded as Shamrock, Powered by CMG Home Loans.

Loan Officer 440

Loan Officer Lending Loans Finance 440

Housing Wire

JANUARY 4, 2023

More than 160 employees from the now-shuttered Finance of America Mortgage have landed at Go Mortgage , a Columbus, Ohio-based lender. When Finance of America announced their closure, we started searching around,” Reich said. ” .

Mortgages 506

Mortgages FHA loan Loan Officer Construction 506

Housing Wire

APRIL 25, 2023

Tavant , a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform, Touchless Lending. Touchless Lending provides straight-through mortgage processing and automated underwriting as part of the end-to-end mortgage manufacturing pipeline.

Lending 391

Lending Banks Loan Officer Loans 391

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. “These are highly valuable buyers and sellers with a strong intent to transact.

Mortgages 277

Mortgages Loan Officer Brokerage Loans 277

Housing Wire

OCTOBER 2, 2023

BLVR – a marketing and promotional campaign launched by EPM on Monday – aims to reach as many retail loan officers to provide information about the wholesale channel. When retail loan originators visit the website, LOs are asked to fill out their names, contact information and comments or questions about wholesale lending.

Loan Officer 427

Loan Officer Lending Loans Equity 427