Housing Wire

APRIL 22, 2025

Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. NEO Powered by Better wants to revolutionize the mortgage market. The goal is simple yet profound.

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Lending Loans Mortgages Technology 368

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.

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Loan Officer Loans Lending Mortgages 477

Housing Wire

MARCH 1, 2024

In a fiercely competitive market , mortgage originators need to rethink everything to gain market share and become savvy. Adopting an educator-first mindset, coupled with a willingness to reach, assist, engage and nurture early-journey first-time homebuyers, are the defining attributes of a next-gen loan officer.

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Housing Wire

NOVEMBER 8, 2024

Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action. The ones who act now will benefit from today’s prices before the market ripens and explodes with new demand.”

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Marketing Loan Officer Equity Loans 370

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.

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Loan Officer Loans Finance Mortgages 440

Housing Wire

MARCH 14, 2025

Traditional loan officers who focus solely on transactions are being replaced by mortgage professionals who act as financial strategists, long-term advisors, and educators. Heres how the mortgage industry is changing and what loan officers must do to thrive. Understanding todays mortgage market challenges 1.

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Mortgages Loan Officer Marketing Loans 358

Housing Wire

NOVEMBER 15, 2024

Should the goal of marketing technology be to make it so that a loan officer never needs to log in? Or, should LOs be encouraged to engage with marketing tools as much as possible in order to help them build their own brand and connections? Ordering an appraisal was as easy as pushing a button.

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Housing Wire

JANUARY 16, 2024

Optimal Blue ’s newly launched mobile app for the Optimal Blue PPE – one of the industry’s most widely used product, pricing and eligibility engine – gives loan officers full product and search capabilities from their mobile phones. All eligible products and rates are presented – including any adjustments, notes, and advisories.

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Loan Officer Loans Mortgages Investor 440

Housing Wire

JULY 15, 2024

Loan originators in today’s mortgage market have weathered significant challenges. For loan originators , managing the narrative is crucial. Educate with market intelligence: In a fluctuating market , knowledge is power. Stay updated with the latest market trends, rate movements, and industry news.

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Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. said Craig Strent, former CEO of Apex Home Loans and head of the faculty of mentors at The Loan Atlas , a mortgage coaching platform. “A

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Loan Officer Loans Mortgages As-is 440

Housing Wire

OCTOBER 15, 2024

It also must provide $7 million for a home loan subsidy program in majority-Black neighborhoods, and it must pay at least $1 million to serve the neighborhoods it redlined , according to the terms of the agreement released on Tuesday. billion in home loan production. million civil penalty. The company ranked No. This compared to 12.2%

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Housing Wire

OCTOBER 31, 2024

The interest rate on the loan has been lowered from 9.99% to 9.49%. Interest rates on second-lien loans tend to be higher when compared to first liens, reflecting the higher amount of risk to the lender. In October 2023, FOA announced a rollout of HomeSafe Second to an expanded pool of direct retail loan officers and wholesale brokers.

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Mortgages Equity Loan Officer Loans 426

Housing Wire

APRIL 16, 2025

Equity Smart Home Loans made a splash Wednesday by announcing it is severing ties with United Wholesale Mortgage (UWM) and partnering with Rocket Pro. We’re in a tough market. A lot of our loan officers are struggling. ” In 2024, Equity Smart Home Loans originated over 1,600 loans, according to Modex data.

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Housing Wire

MARCH 27, 2025

. “By covering these expenses, we’re creating a rising tide that lifts all boats consumers get more affordable mortgages, lenders reduce expenses and close loans faster, and our industry takes another step toward truly digital mortgages. This is about fundamentally transforming how the mortgage ecosystem works together.”

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Mortgages Loan Officer Technology Loans 362

Housing Wire

NOVEMBER 13, 2024

million in Q2 2024 related to mark-to-market impacts on its lock pipeline. The company also reported a funded loan volume of $1.035 billion for Q3 2024, up 42% year over year and up 8% quarter over quarter, with 71% of this volume attributed to purchase loans. Better reported third-quarter revenue of $29 million, down from $32.3

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Mortgages Loan Officer Loans Technology 370

Housing Wire

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

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Housing Wire

NOVEMBER 20, 2024

The new partnership begins in January and aims to expand economic opportunities in low—and moderate-income, diverse and underserved communities through loan subsidies, grants and donations. and we are honored to support these efforts through our loans, investments and grants.” million to certain California markets.

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Loan Officer Lending Banks Loans 411

Housing Wire

FEBRUARY 4, 2025

Arrival Home Loans on Tuesday announced a partnership with zavvie a fintech company that specializes in bringing liquidity to residential real estate in an effort to enhance the homebuying experience for its customers. Arrival Home Loans, which is powered by Pacific Private Money Inc. produced a total volume of $52.5

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Housing Wire

DECEMBER 18, 2024

The new credit optimization platform will combine the best parts of the What-if Simulator and Wayfinder tools, giving mortgage professionals the power to reach more clients and close more loans. CreditXpert developed the platform to cut down loan filing timelines. 1 in preparation for the launch of the new platform.

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Loan Officer Loans Technology Mortgages 392

Housing Wire

OCTOBER 10, 2024

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Araya’s data will come from CoreLogic‘s 360 Property Data suite, which offers property and marketing intelligence.

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Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans. But my biggest focus initially is going to be the loan officers.

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Loan Officer Loans Technology Mortgages 427

Housing Wire

OCTOBER 28, 2024

. “Each of these newly announced updates helps our clients address changing market conditions with agility, clarity, and precision,” Joe Tyrrell , CEO of Optimal Blue , said in a statement. ” The announcements were made at MBA Annual in Denver.

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Loan Officer Investor Loans Mortgages 423

Housing Wire

APRIL 16, 2025

The integration, announced on Wednesday, connects Rocket to a network of approximately 28,000 active users, including 21,000 loan officers who source mortgage offers from multiple wholesale lenders including Rockets chief rival, United Wholesale Mortgage (UWM) all within a single system.

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Housing Wire

APRIL 21, 2025

Randell Gillespie Gillespie will work closely with the companys leadership and market teams to identify new opportunities for expansion and success. Modex reports the company has more than 200 producing loan officers, and its strongest branches for production are in Illinois and Missouri. billion last year.

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Loan Officer Banks Mortgages Loans 392

Housing Wire

JANUARY 30, 2025

Tom Davis: When you’re working with a professional and you want expertise, you’re going to want to work with someone who is the expert in your market. Davis: Either you take market share or someone takes yours, right? trillion, followed by auto loans at $1.1 A lot of folks were expecting a decline in 2025.

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New Construction Construction Marketing Equity 312

Housing Wire

OCTOBER 22, 2024

The company is in expansion mode, bolstering its offerings to meet new market demands. At Movement, Rawls started as a loan officer before taking over as producing bank manager. Rawls’ prior experience spans several companies — including Movement Mortgage and WR Starkey Mortgage.

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Lending Mortgages Loan Officer Development 423

Housing Wire

MARCH 24, 2025

26 in Dallas, provided valuable insights into the forces shaping the mortgage and housing markets in 2025. Dark Matter Technologies makes it a priority to stay ahead of these trends, ensuring our clients have the right tools to scale efficiently when market conditions change. The HousingWire Economic Summit, held Feb.

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Technology Loan Officer Loans Banks 367

Housing Wire

NOVEMBER 13, 2024

In a new episode of “The Loan Officer Podcast,” host Dustin Owen chats with John Cornish of Iowa-based Key Mortgage Group about his path into the industry, tips for scaling a mortgage lending business and how to avoid stagnation as a loan originator. This interview has been edited for length and clarity.

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Mortgages Sales Loan Officer Lending 370

Housing Wire

DECEMBER 4, 2024

She joins the company’s leadership team to further its presence and performance in the Washington market. Rate executive Rich Kamien praised Lindsay for delivering consistently in an unpredictable market. “She has steadily demonstrated her ability to deliver consistent rates even in the most volatile market conditions.

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Lending Mortgages Loan Officer Loans 392

Housing Wire

DECEMBER 12, 2024

The bond market moves 50 basis points on Monday, and now everything’s out of date. And when the market changes, I can just call now I have a reason to call the real estate agent. Our Recapture product monitors loans, does a deep analysis and then sends a presentation to the customer about options to save them money.

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Loan Officer Loans Technology Mortgages 370

Housing Wire

APRIL 22, 2025

housing market, with more listings hitting the market and warmer weather making it easier for buyers to tour homes and explore their options. 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 358

Housing Wire

DECEMBER 19, 2024

In her previous role at Supreme, McNaught oversaw 200 branch locations and a national network of more than 700 loan officers. “She brings extensive industry experience, strong relationships, exceptional expertise in fostering branch and mortgage loan originator success and M&A. . billion, per Modex data.

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Lending Loan Officer Loans Mortgages 392

Housing Wire

OCTOBER 4, 2023

In an environment where 30-year fixed mortgage rates are racing towards 8%, loan officer pipelines are thinning dramatically. But LOs who cater to first-time homebuyers’ needs – offering FHA loans and down payment assistance loans — are faring better, Michael Ullmann, producing branch leader at Movement Mortgage , explained. “So

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FHA loan Loans Loan Officer Mortgages 461

Housing Wire

OCTOBER 18, 2024

To open the conversation, Sanchez asks Jacobson to explain how Fairway harnesses the power of positive recommendations to boost production for the company’s loan officers. Jacobson says that Fairway had been very profitable in the wholesale mortgage market , averaging between $3 billion and $4 billion in annual revenue.

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Housing Wire

NOVEMBER 14, 2024

mortgage lender, has hired a team of former Pennymac Financial Services executives to lead its capital markets and investment-related activities. On Wednesday, CCM announced Vandad Fartaj as the chief investment officer, William Chang as chief capital markets officer, and Tom Rettinger as chief portfolio risk officer.

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Mortgages Loan Officer Loans Banks 370

Housing Wire

APRIL 4, 2025

In his view, these LOs are getting paid on the terms of the loan, which he and more than one industry lawyer I spoke to believes is a violation of LO Comp rules. So if you’re dealing with a customer who is not savvy, then you can shove a loan down their throat and generate thousands upon thousands.

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Housing Wire

MARCH 19, 2025

Vishal Garg , Better’s CEO and founder, said that despite a market with historically low housing affordability and persistently high mortgage rates , Better saw progress in its funded loan volume. The current demo of Betsy takes someone all the way from inquiry through preapproval to loan amount, rate and locking.

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