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Loan Officer Related Topics 
Housing Wire
JUNE 17, 2022
It’s a tough time to be a loan officer. Amid all the chaos, loan officers may be pressed to get creative when it comes to generating new business. Some have taken to TikTok to make funny videos about why they are the best loan officer in the land.
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.
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Housing Wire
JANUARY 29, 2021
Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years.
Housing Wire
JUNE 17, 2022
Do loan officers need more technology than they currently have? Most loan officers do not believe they need more tech than they have now. Function keys in a DOS-based green world was how all loans were done in 2010. Being a loan office hasn’t changed.
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Housing Wire
NOVEMBER 3, 2021
To the surprise of virtually no one, loan officer commissions started to head south in the third quarter, dropping 17% year-over-year, according to SimpleNexus ’ third quarter mortgage loan compensation report. loans per month in Q3 2021, versus an average of 9.0
Eyes on Housing
MAY 5, 2021
The latest results from the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) present standards on bank lending practices as they occurred in the first quarter of 2021.
The Mortgage Report
FEBRUARY 21, 2022
Get answers to your biggest first-time home buyer questions directly from a loan officer in this episode of The Mortgage Reports Podcast. First-Time Home Buyers
Eye on Housing
AUGUST 13, 2020
The Federal Reserve’s latest release of the Senior Loan Officer Opinion Survey shows banks’ lending practices and households and businesses’ demand for various classes of loans as of the second quarter of 2020.
Eye on Housing
FEBRUARY 2, 2021
The most recent edition of the Federal Reserve Board’s Senior Loan Officer Opinion Survey Practices addresses changes in the standards and terms on, and demand for, bank loans to businesses and households in the last quarter of 2020. Survey respondents (banks) reported a tightening of standards of both Commercial and Industrial (C&I) loans and Commercial Real Estate (CRE) loans to.
Housing Wire
DECEMBER 21, 2021
If you take the temperature of how loan officers are feeling ahead of the holiday season, the scale would likely read “uneasy.” According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry.
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Housing Wire
AUGUST 23, 2021
Should the Biden administration make good on its threat, some loan officers, account executives and marketing personnel bound by such agreements would be able to switch jobs without fear of potential litigation from their employer. HousingWire Magazine delivered to your home or office.
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Housing Wire
FEBRUARY 11, 2022
Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation.
Housing Wire
SEPTEMBER 27, 2021
Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly.
Housing Wire
DECEMBER 9, 2020
I have a refinance client in California and they own a geodesic dome home,” said Glessner, a senior loan officer at Draper & Kramer Mortgage in Englewood, Colorado. Lonnie Glessner isn’t normally one to turn down business. But with origination volume expected to exceed $3.4
The Mortgage Report
JANUARY 12, 2022
Learn how to get a mortgage, choose a lender, and find the best deal on your home loan in this episode of The Mortgage Reports Podcast. About Mortgages Buying a home
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Housing Wire
MAY 4, 2022
LoanSnap has unveiled a cloud-based portal called LoanFLow that will allow licensed brokers and loan officers in the U.S. The company says its new LoanFlow portal will allow originators to close loans in as little as 24 hours and in 15 days on average, the company said.
Housing Wire
JANUARY 11, 2022
The real estate company entered into an agreement to acquire mortgage lender Bay Equity Home Loans for $135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing. Origination Acquisition mortgage loan officers Redfin
Housing Wire
MAY 2, 2022
issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. The workforce reduction is also focused on mortgage loan production.
Eyes on Housing
MAY 10, 2022
In the first quarter of 2022, the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices showed a significant net share of banks reporting more relaxed lending standards and weaker demand for most categories of residential real estate (RRE) loans.
Housing Wire
MARCH 15, 2022
According to three loan originators speaking at a policy summit hosted by the National Association of Hispanic Real Estate Professionals in Washington D.C. “I’m really good at conventional loans, I’m just OK with jumbo products.
Housing Wire
FEBRUARY 10, 2022
If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. Tricky situations can arise in mortgage lending, especially when navigating less-common products or originating non-agency loans.
Housing Wire
APRIL 28, 2022
The residential housing market has turned quickly due to historically low inventory of homes for sale and a rapid rise in interest rates due to inflation,” Cindy Flynn, chief marketing and communications officer, said in a statement. “We,
Housing Wire
AUGUST 20, 2020
Other reports offered include trend, loan officer, and title/lender intersection reports that DataTrace said can be used to identify and compare relationships between title companies and lenders.
Housing Wire
FEBRUARY 4, 2022
” In March 2021, UWM CEO Mat Ishbia announced on Facebook Live that mortgage brokers who did business with Rocket Mortgage or Fairway Independent Mortgage could not also send loans to UWM as of March 15. “This company had hundreds of loans.
Housing Wire
MARCH 11, 2021
I’ve spent years asking top mortgage lending execs this question: who’s your primary customer, loan officers or consumers? market share of loans originated by brokers, per IMF), gave America’s brokers an ultimatum to dump two other wholesalers (with 17.8%
Housing Wire
OCTOBER 29, 2021
As such, we were one of the few lenders in the country that refused to offer subprime loans. At the time, that decision cost us loan officers left and right as they departed for firms that would let them originate anything they wanted.
Housing Wire
OCTOBER 15, 2020
In 2013, Thuan Nguyen was working out of his chaotic office in the heart of Silicon Valley. At that point, Loan Factory had about 200 loans and just 13 employees. The office was like a market,” Nguyen recalled. “It Quicken Loans , see how big they are?
Eyes on Housing
FEBRUARY 11, 2022
In Q4 2021, multifamily loans’ demand, on net, was 37.7 Read More › Economics c&i loans commercial real estate loans FHA loan limits FHFA residential real estate Senior Loan Officer Opinion Survey single-family mortgages sloos
Housing Wire
AUGUST 31, 2020
According to Beeline, the company plans to unveil a new office in Charlotte in the fall of 2020 – followed by a new branch on the West Coast towards the end of the year. The company has developed an alternative to what is traditionally know as a loan officer role.
Eyes on Housing
NOVEMBER 10, 2021
The latest results of the Federal Reserve’s Board’s Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS), lending standards and demand for residential real estate (RRE) loans both eased slightly in the third quarter of 2021.
Housing Wire
SEPTEMBER 20, 2021
Rookies that pursued a career as mortgage loan originators in 2020 air dropped into a scintillating real estate market. HousingWire Magazine delivered to your home or office.
Housing Wire
AUGUST 27, 2020
Mortgage Research Center , which does business as Veterans United Home Loans , is holding a virtual career showcase Wednesday, September 2, for all interested job applicants. Louis, and its branch offices in about 25 states.
Housing Wire
AUGUST 7, 2020
One of the drivers for a pivot to profit is that loans are expensive. According to the Mortgage Bankers Association, it costs an average of $7,535 to produce a loan. It also helps position LOs to better educate and advise customers on the right loan products for their needs.
Eyes on Housing
AUGUST 5, 2021
The latest results of the Federal Reserve’s Board’s Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS), showed that the market for commercial real estate financing (CRE loans) and residential real estate (RRE) financing eased compared to the first quarter.
Realty Biz
JULY 19, 2021
The brokerage believes its new company, called OriginPoint , will provide faster, more seamless and transparent home buying experiences for buyers, sellers, agents and loan officers. Guaranteed Rate has closed more than $60 billion in loan volume since the beginning of 2021.
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