Housing Wire

MARCH 15, 2022

The founder of the eight-year-old company and Trulia co-founder devotes an intro and eight sections to other subjects before a penultimate section titled, “People first.”. It was in December that Knock floated a pay cut for its loan officers, before rolling back the plan. His next section, titled “World War III?”,

Title 403

Title Loan Officer Finance Staging 403

Keller Williams

AUGUST 17, 2022

Now is still a great time to get home financing.”. To help real estate professionals connect their clients to the financing they need, Keller Mortgage has an army of knowledgeable professionals excited to assist in all kinds of transactions. “As Connect with a Keller Mortgage Loan Officer.

Finance 90

Finance Pre-approval Loan Officer Mortgages 90

Housing Wire

OCTOBER 12, 2022

The companies say together they will drive digitization and enable relationships across the mortgage ecosystem, “from title and settlement agents to real estate professionals.”. The announcement comes shortly after Guaranteed Rate walked away from talks to acquire Finance of America ’s forward mortgage retail channel.

Title 397

Title Loans Lending Closing 397

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. By investing in and partnering with companies like these, we can understand what the mortgage infrastructure of the future may look like and how title and settlement services will interact with that infrastructure. As of Sept.

Title 358

Title Mortgages Commercial Technology 358

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. Jumbo loan volume increased 3.1% At Finance of America , reverse mortgages have been a ??

Mortgages 397

Mortgages Equity Loans Seller concession 397

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” It affected at least 50% of the staff, positions in operations and loan officers, according to multiple former employees. A massive job cut. over the past 12 months to 6,121.

Mortgages 369

Mortgages Loan Officer Banks Lending 369

Housing Wire

JUNE 8, 2022

Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market.

Mortgages 339

Mortgages Loans Loan Officer Title 339

Housing Wire

JANUARY 9, 2024

households that provides visibility into everything that went into a transaction — real estate agents, loan officers, lenders, title agencies and borrower details, according to MMI’s website. “If MMI’s data covers information on mortgage transactions covering more than 95% of U.S.

Loans 279

Loans Loan Officer Mortgages Title 279

Housing Wire

JUNE 6, 2022

of market share in 2021, according to data from Inside Mortgage Finance. Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark. The latest round of WARN notices will impact 59 loan officers in the Thousand Oaks, Pasadena, and Roseville offices.

Mortgages 421

Mortgages Loan Officer Lending Loans 421

Housing Wire

APRIL 17, 2023

For a standalone model, NAF and the partner company will form a mortgage banking company that can support funding loans of at least $150 million annually. In a consortium model, currently popular in the title business , NAF will create a standalone mortgage banking company that will sell shares equal to 50% of the company.

Brokerage 344

Brokerage Banks Loan Officer Mortgages 344

Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

Marketing 534

Marketing Option period Lending Loan Officer 534

Housing Wire

OCTOBER 14, 2020

This means a completely updated, white-labeled and broker-branded origination hub that is not only beneficial for loan officers, but also their clients who will experience a more streamlined process with heightened transparency. HW: How does aligning with the Rocket brand create more synergy in your marketing campaigns?

Loans 305

Loans Loan Officer Branding Technology 305

Housing Wire

FEBRUARY 3, 2022

loanDepot , Guild Holdings Company , Home Point Capital (parent of wholesaler Homepoint), and Finance of America Companies – debuted on the stock market with a combined market capitalization of $69 billion, according to HousingWire estimates based on Yahoo! Finance data. But no one is popping the champagne these days.

Mortgages 381

Mortgages Finance Investor Lending 381

Housing Wire

MAY 6, 2024

Title agents historically have felt like they played second fiddle to other players in the buying and selling of real estate. Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer.

Title 337

Title Loan Officer Technology Agents 337

Housing Wire

NOVEMBER 8, 2021

Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender. From a lending perspective they are the easiest loan to work with,” Naumovych explained.

VA loan 396

VA loan Agents Pre-approval Debt-to-income ratio 396

RIS Media

FEBRUARY 28, 2022

Real estate professionals, investors and homebuyers rely on these providers to conduct inspections, procure financing, clear titles and conduct closings. If your favorite loan officer, real estate attorney or home inspector shows the flaws, let them know. Here are a few things to consider. Technology.

Loan Officer 98

Loan Officer Technology Inspection Title 98

Housing Wire

SEPTEMBER 15, 2020

business advisory firm in real estate, mortgage finance, digital mortgage, banking and capital markets. Notarize opened its platform to independent notaries and title agents in 13 states since March and also hired thousands of notaries in Florida, Texas, Virginia and Nevada.

Closing 482

Closing Loans Banks Investor 482

RIS Media

JANUARY 13, 2022

According to a press release and public filing, the deal, which is expected to close in the second quarter of 2022, will help increase Redfin’s financing capabilities nationally. “For years, Redfin has talked about becoming a one-stop-shop for brokerage, mortgage, iBuying and title services,” said Redfin CEO in a statement.

Equity 98

Equity Lending Loans Loan Officer 98

Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. So how can you avoid a delayed closing? How to remedy the situation.

Closing 62

Closing Title search Purchase and sale agreement Title 62

Real Trends

JANUARY 4, 2023

How to guide your client: Introduce your buyers to a trusted loan officer early in the process so they can settle on a comfortable monthly budget that includes mortgage payments, taxes, insurances and maintenance. This monthly budget can be used as a tool to understand how much buyers can comfortably afford.

Closing costs 81

Closing costs Inspection Title Agents 81

HomeLight

JUNE 18, 2021

Closing costs can be broken up into three main categories: loan costs, title costs, and other costs. Title costs. Processing the title for your home also brings with it certain fees. Title search. A title company will search for any liens or claims on the property. Title searches usually cost around $200.

Closing costs 104

Closing costs Closing Mortgages Title 104

Realty Biz

JANUARY 4, 2022

Your father might not be thinking only about finances either. It’s potentially risky to your father-son relationship if the loan goes bad. Being a cosigner on a home loan, or any loan is all risk with no rights at all. You will want to work with your loan officer to ensure you are going about things the right way.

Debt-to-income ratio 89

Debt-to-income ratio Loans Mortgages Title 89

McKissock

APRIL 20, 2021

Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Of members surveyed, only 5 percent reported that real estate was their first career; 17 percent had a previous career in management, business, finance, sales or retail.

Agents 98

Agents Loan Officer Title Lending 98

HomeLight

OCTOBER 2, 2020

In some states, you’ll hire an attorney to look over your closing paperwork or other loan documents. In Massachusetts, buyers pick their attorney, which senior loan officer Philip Ganz , who has 19 years of experience in the Boston area, says leads to wild swings in cost. Title-related fees. Appraisal fee.

Mortgages 97

Mortgages Title Loans VA loan 97

Housing Wire

SEPTEMBER 28, 2022

Once an application is submitted, customers have a single portal for tracking its status, completing outstanding tasks, reviewing and electronically signing loan documentation. PNC mortgage loan officers can also collaborate real-time with customers through their online portal, the bank said. Presented by: Stewart Title.

Banks 323

Banks Loan Officer Mortgages Loans 323

Housing Wire

JUNE 1, 2021

Finance of America Reverse. Alterra Home Loans. Senior Loan Officer. Senate Finance Committee. And thanks to their dedication, hard work and drive, the housing sector is more prepared than ever before to successfully navigate 2021 and beyond. Company Name. Adam Greene. Retail Branch Manager. Alec Hanson.

Lending 397

Lending Loan Officer Finance Title 397

HomeLight

MAY 31, 2021

Moskowitz says that sometimes a large down payment isn’t necessarily the way to go when it comes to financing your home loan. “If These are things you just might not know as a buyer — but your agent and loan officer can give you guidance! What type of home loans do you offer? What does the loan process look like?

Mortgages 59

Mortgages Debt-to-income ratio Loans Closing costs 59

Realtor.com

MARCH 12, 2021

If the potential savings from a new mortgage won’t recoup the closing costs—like title insurance, state taxes, appraisal fees and more—it may not make sense to refinance just yet. But if the extra money won’t go to good use, consider a refinancing option that lowers your payments and shortens the life of the loan.

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. I can get you (borrower) a conditional loan approved in 20 minutes. As rates rise, those warehouse financing costs go up.”.

Equity 410

Equity Loan Officer Loans Mortgages 410

HomeLight

JANUARY 27, 2021

Home financing. You can usually shop around for the home inspection , title and settlement services, and home insurance. Also, lender fees — which can add up to 3% onto the loan amount — are entirely at the lender’s discretion. Source: (Tomas Yates / Unsplash). Getting a mortgage can be a stressful and frustrating process.

Closing costs 117

Closing costs Inspection Loans Earnest money deposit 117

HomeLight

MAY 10, 2022

The company provides additional services and considers itself a title, lender, and home renovations company. In case you aren’t familiar, iBuyers provide near-instant cash offers for homes, allow you to sell your home mostly or entirely online, and can facilitate much faster closings than a more traditional or financed buyer.

Brokerage 98

Brokerage Agents Pre-approval Sales 98

Housing Wire

MAY 8, 2023

I have been in the mortgage industry for nine years, with my loan officer in the industry for 19 years and my Realtor for over 10 years. Three months later, at the closing table, clasping a picture of my father, I went through a traditional mortgage loan closing. We agreed on a final sale price and were off to the races.

VA loan 397

VA loan Mortgages Marketing Loans 397

HomeLight

JUNE 15, 2023

As a rule of thumb, homebuyers can expect to pay between 2% and 5% of the purchase price in closing costs, with the bulk of that number going to fund title services, lending services, and certain taxes. Title insurance Title insurance technically isn’t required if you don’t have a mortgage, but it’s highly recommended.

Closing costs 89

Closing costs Closing Title Inspection 89

Housing Wire

OCTOBER 20, 2023

You can post a photo of their smiling faces with either a “sold” sign, them holding keys to their new property, or signing the title paperwork. Show off your lending expertise Help buyers navigate this stressful part of the home purchasing process by breaking down the different types of loans and financing terms out there.

Agents 386

Agents Lending Staging Renovation 386

HomeLight

JULY 25, 2022

Closing costs, in contrast, are fees associated with the process of purchasing the home such as mortgage origination fees, title fees, and so on. Your prepaid amounts will be listed on your Loan Estimate and Closing Disclosure , but they aren’t surrounded by flashing lights and neon signs. They’re the costs of owning the property.”.

Closing costs 97

Closing costs Earnest money deposit Loans Closing 97

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms.

Marketing 434

Marketing Brokerage Loan Officer Mortgages 434

The Close

MAY 24, 2024

This Act was imposed to protect consumers seeking financing for real estate purchases from deceptive practices and unfair business arrangements. Required use of specific service providers: RESPA prohibits requiring buyers or sellers to use a particular title insurance company or other settlement service provider as a condition of sale.

Loans 73

Loans Title Closing Agents 73