Housing Wire

MARCH 21, 2024

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. Planet Home Lending is an originator, correspondent lender, servicer and subservicer of agency and nonagency residential and commercial mortgages.

Lending 339

Lending Sales Commercial Loans 339

Housing Wire

APRIL 15, 2024

Networking has always been a key component to drive growth and fostering true community with your referral partners and your sphere of influence,” Shane Kidwell, CEO of Dwell Mortgage , said recently in emphasizing the importance of digital marketing. ”So,

Marketing 322

Marketing Mortgages Loans Industrial 322

Housing Wire

DECEMBER 13, 2023

Verifications provider Argyle announced an integration with the Exchange, an interconnected network of mortgage-specific service providers available to customers of the Empower loan origination system (LOS) from Dark Matter Technologies. The mortgage tech company has made a series of integrations with lenders in the past few months.

Technology 373

Technology Loans Banks Mortgages 373

Housing Wire

APRIL 22, 2024

Industry veteran Rick Roque has resigned from his position as corporate vice president at retail mortgage lender CrossCountry Mortgage (CCM) to join multichannel player Sierra Pacific Mortgage as executive vice president of retail. Its owned servicing portfolio stood at $15 billion at the end of 2023, per IMF.

Mortgages 337

Mortgages Loan Officer Loans Banks 337

Housing Wire

APRIL 18, 2024

A former loan officer at Guaranteed Rate (G-Rate) has sued the lender and two managers for allegedly discriminating against her on the basis of gender, failing to compensate her equally to male coworkers with similar performance and subjecting her to sexual harassment.

Loan Officer 407

Loan Officer Loans Mortgages Finance 407

Housing Wire

NOVEMBER 6, 2023

Between rising mortgage rates and soaring loan production costs this year, many lenders and brokerage leaders are reducing headcount to preserve their bottom line. No matter your position, networking is a crucial skill. No matter your position, networking is a crucial skill.

Mortgages 431

Mortgages Lending Brokerage As-is 431

Housing Wire

MARCH 28, 2024

the parent of digital lender Better.com , narrowed its net loss between the third and fourth quarters of 2023 by more than 80%, driven by expense cuts to its platform and marketing efforts. For all of 2023, the New York-based digital lender reported a GAAP net loss of $534.4 Better Home & Finance Holding Co. ,

Loan Officer 386

Loan Officer VA loan Loans Technology 386

Housing Wire

SEPTEMBER 19, 2023

As a result, Grid151, which is owned by the holding company of Westcor Land Title Insurance Company , will integrate Simply Secure Sign into GridBase, its universal API for lender and title collaboration. The platform will be renamed “Ink’d.”

Technology 376

Technology Title Land Closing 376

Housing Wire

FEBRUARY 22, 2023

Wells Fargo , the largest depository mortgage lender in America, issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel. “I It also brings a “reputational risk” when financing large amounts of loans originated from other firms.

Lending 506

Lending Finance Mortgages Banks 506

Housing Wire

APRIL 29, 2024

A lender makes monthly payments to you based on the equity in your home, using your home as collateral. In a recent trends report, the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. It can be used to make home repairs, pay for medical expenses, or to supplement retirement income.

Mortgages 386

Mortgages Equity Loans Closing 386

Housing Wire

JANUARY 11, 2024

Accordingly, we’ve already seen any number of builders , mortgage lenders and real estate firms building new affiliated business arrangements (ABAs) or entering into partnerships that put them into the game for settlement services revenue. When is an affiliated arrangement the best option for real estate firms, lenders and builders?

Title 419

Title Brokerage Construction Closing 419

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. territories.

Due diligence 354

Due diligence Marketing Mortgages New Construction 354

Housing Wire

OCTOBER 11, 2023

Leading property data and analytics company CoreLogic ’s newly launched digital mortgage platform (DMP) aims to streamline the mortgage process and improve efficiency for lenders. The product is integrated with digital solutions from ICE Mortgage Technology , Equifax , Formfree and Lender Price.

Mortgages 348

Mortgages Loan Officer Banks Lending 348

Housing Wire

NOVEMBER 3, 2023

Not available anywhere else in the industry today, consumers can gather inspiration on social media networks like Pinterest, upload photos of their dream home and homegeniusIQ, homegenius Real Estate’s proprietary technology, will instantly analyze the photos and present homes with similar features. To learn more, click here.

Closing costs 345

Closing costs Short sale Technology New Construction 345

Housing Wire

MAY 2, 2023

With this integration, Trustmark’s lenders nationwide can execute closings in a centralized workflow to drive faster closing times, reduce operating costs and enhance the borrower experience. The result is a more efficient and transparent experience for all parties involved in the closing.

Technology 314

Technology Banks Closing Lending 314

Housing Wire

NOVEMBER 22, 2023

Fidelity National Financial (FNF) was attacked by a “cybersecurity incident” that led the system to shut down some of its network, the company said. Whether the incident may have a material impact on the company is still undetermined. FNF is the latest victim in the housing industry to be affected by cybersecurity threats.

Title 402

Title Technology Banks Mortgages 402

Housing Wire

NOVEMBER 9, 2021

But it’s been a while since mortgage lenders had to really focus on being competitive in a more challenging purchase market. Another way to maintain profit margins, even when volume and revenue tail off a bit, is by thoroughly revisiting the lender’s traditional service providers.

Title 303

Title Mortgages Industrial Commercial 303

Housing Wire

MARCH 7, 2022

Lenders One Cooperative announced on Monday that it has struck a deal to lease retail space in Walmart stores to sell mortgage products and services. ” Lenders One will be selling purchase, refinance and home equity products at its “store-in-store” branch locations. .”

Mortgages 466

Mortgages Equity Loans Lending 466

Housing Wire

JUNE 23, 2023

CrossCountry Mortgage (CCM), the nation’s third-largest retail mortgage lender, unveiled its latest initiative this week that is aimed at helping first-time homebuyers overcome the financial hurdles of purchasing a home in today’s competitive housing market. 5000 list of America’s fastest-growing private businesses.

Loan Officer 349

Loan Officer Equity Mortgages Loans 349

Housing Wire

JANUARY 8, 2024

mortgage lender loanDepot confirmed Monday morning that it is the industry’s latest cyberattack victim. The California-based lender, which originated roughly $17 billion in mortgage loans from January to September 2023, said it has launched an investigation with the support of cybersecurity experts. Top-15 U.S.

Mortgages 511

Mortgages Title Technology Industrial 511

Housing Wire

OCTOBER 11, 2022

The first Walmart -based in-store branch from retail mortgage cooperative Lenders One opened this week in Newton, New Jersey. Family First Funding , a Toms River, New Jersey-based retail lender, opened a branch in the Walmart in Newton on Monday, Lenders One said in a statement. Family First, which has done about $1.9

Banks 384

Banks Lending Mortgages Equity 384

Housing Wire

OCTOBER 3, 2023

Ashley Terrell: Mortgage lenders traditionally rely heavily on referrals from buyer agents, with approximately 60-70% of their business coming from referrals from previous clients. What are the potential long-lasting effects of these lawsuits on not only agents but the industry as a whole?

Agents 384

Agents Staging Technology Industrial 384

Housing Wire

APRIL 4, 2024

Shannon Baldwin: Staying ahead in marketing requires a multifaceted approach that combines a commitment to learning, strategic use of data, building a strong network, and maintaining a customer-focused mindset. It’s incredibly satisfying to see the realization dawn on mortgage lenders that we offer something truly valuable.

Marketing 237

Marketing Industrial Mortgages Inspection 237

Housing Wire

FEBRUARY 26, 2021

HousingWire recently spoke with Jeffrey Morelli, General Manager of Truework Verifier, about what lenders can do to prepare for and overcome the growing threat of fraud and data inaccuracy. HousingWire: As we head into 2021, what are some challenges you foresee for lenders regarding employment verification?

HR 366

HR Lending Loans Mortgages 366

Housing Wire

JANUARY 5, 2024

She also serves on the National Association of Mortgage Brokers (NAMB) Corporate Board of Governors and is a member of Inspire, NAMB’s networking group for women in the workforce. billion in the first nine months of 2023, which gave the lender 14.4% Most of its volume comes through the correspondent channel.

Banks 357

Banks Mortgages Finance Sales 357

Housing Wire

JUNE 30, 2023

mortgage lender, acquired Sirva’s shares at Premia Relocation Mortgage and now has full ownership of the business, the companies announced on Friday. Chicago-based Guaranteed Rate , a top 10 U.S. The financial terms of the transaction were not disclosed. It fell 58.8%

Mortgages 323

Mortgages Loan Officer Technology Loans 323

Housing Wire

NOVEMBER 7, 2023

Newrez has launched a new joint venture mortgage company, Carnegie Mortgage Partners , in collaboration with a top Keller Williams franchise network in Bergen County, New Jersey, the lender announced on Monday. The joint venture mortgage company is led by Margaret Bernabei, a former branch manager at a CrossCountry Mortgage outpost.

Mortgages 407

Mortgages Principal Brokerage Lending 407

Housing Wire

OCTOBER 24, 2023

Belonging to a real estate team at the beginning of my career unlocked a door of endless possibilities, allowing me to network with other agents’ existing connections, receive referrals and grow my business through these partnerships. For me, it all started with joining a team.

Staging 365

Staging Agents Development As-is 365

Housing Wire

MAY 8, 2023

Mortgage lender and servicer NewRez on Monday launched a special purpose credit program through Freddie Mac that will provide $3,000 or more in closing cost assistance to qualifying first-time homebuyers. CrossCountry Mortgage , Guild Mortgage and several other lenders also began offering the program this year.

Debt-to-income ratio 409

Debt-to-income ratio Closing costs Finance Lending 409

Housing Wire

AUGUST 30, 2022

FormFree’s AccountChek, a service that allows lenders to verify borrower’s assets, income, employment and rent payment history, is used by retail, wholesale and correspondent originators. It will now be integrated with Docutech’s Solex , an end-to-end eClose solution that allows lenders to work with only one vendor for closng.

Lending 377

Lending Loans Mortgages 377

Housing Wire

APRIL 14, 2022

Woodward quickly landed a job as an LO at American Pacific Mortgage , a California-based lender that had just opened a branch in Fort Wayne. I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana. Nonbank lender NewRez/Caliber was No. billion volume in 2021, up 33.7%

Mortgages 522

Mortgages Marketing Lending Loans 522

Housing Wire

APRIL 4, 2022

South Carolina-based Movement Mortgage laid off around 170 employees in March, another case of a top-25 mortgage lender paring back its workforce due to a more challenging origination landscape. . Movement Mortgage ranked as the 24th largest mortgage lenders in the country in 2021, per IMF data. In total, the company originated $33.1

Mortgages 448

Mortgages Loan Officer Loans Banks 448

Housing Wire

JANUARY 10, 2023

Wells Fargo , the largest depository mortgage lender in America, announced Tuesday that it will officially exit the correspondent channel and also reduce its servicing portfolio, the country’s largest. . The move isn’t much of a surprise.

Closing 485

Closing Lending Banks Equity 485

Housing Wire

FEBRUARY 1, 2023

Wells, the top depository mortgage lender in America, recently decided to stop purchasing loans from correspondent lenders. However, it has lower margins due to payments made to a network of small lenders and brings a “reputational risk” when financing large amounts of loans originated from other firms.

Banks 363

Banks Lending Mortgages Loans 363

Housing Wire

NOVEMBER 22, 2022

Movement Mortgage’s deal to acquire top indie retail lender Mortgage Network marks a shift in the South Carolina-based company’s strategy. With most lenders heavily in the red these days, Brennan said Movement on average gets three or four offers a week to acquire struggling competitors. ” . . A top-25 U.S.

Loan Officer 384

Loan Officer Loans Mortgages Residential 384

Housing Wire

JANUARY 27, 2023

The company has used the cash to acquire new businesses, such as the indie retail lender Mortgage Network and the brokerage Superior Rate Mortgage of New England. It’s a more entrepreneurial style, but compensation follows the traditional model at retail lenders. Wisconsin-based Fairway, ranked No.

Mortgages 379

Mortgages Loan Officer Loans Brokerage 379

Housing Wire

JUNE 24, 2022

Brea, California-based direct lender American Financial Network will pay about $1.04 Department of Veterans Affairs after a former loan processor with AFN filed a lawsuit against the California lender in March 2019. The post American Financial Network to pay $1M fee to resolve fraud allegations appeared first on HousingWire.

Loans 323

Loans Lending Mortgages Development 323