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

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.

Mortgages 344

Mortgages Loan Officer Marketing Loans 344

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 439

Loan Officer Loans Finance Mortgages 439

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? Today, “CRM” encompasses far more than just contact management.

Loan Officer 365

Loan Officer Loans Marketing Title 365

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.

Loan Officer 440

Loan Officer Loans Mortgages Investor 440

Housing Wire

FEBRUARY 3, 2025

The company’s newest National Housing Market Outlook shows that buyers are gravitating toward government-backed loans in their search for affordability. As a result, more buyers are turning to products like Federal Housing Administration (FHA) loans, which accounted for 24% of primary home purchases in 2024, and U.S.

Debt-to-income ratio 367

Debt-to-income ratio Loans VA loan FHA loan 367

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. What I tell all loan officers, no matter who I talk to, is that there’s no foreclosure crisis coming on the horizon,” Saghafi said.

Loan Officer 440

Loan Officer Loans Mortgages As-is 440

Housing Wire

JULY 15, 2024

Loan originators in today’s mortgage market have weathered significant challenges. Educate with market intelligence: In a fluctuating market , knowledge is power. Stay updated with the latest market trends, rate movements, and industry news. Use this information to educate your clients and referral partners.

Loan Officer 422

Loan Officer Loans Banks Mortgages 422

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.

Loan Officer 449

Loan Officer Technology Industrial Development 449

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.

Loan Officer 425

Loan Officer Pre-approval Technology Loans 425

Housing Wire

OCTOBER 31, 2024

Originators find it attractive for borrowers who don’t want to give up a low interest rate on a loan originated in the historically low-rate environment following the COVID-19 pandemic, he added. FOA President Kristen Sieffert said the product allows the company to address gaps in the existing HELOC and traditional home equity loan market.

Mortgages 423

Mortgages Equity Loan Officer Loans 423

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.

Loan Officer 392

Loan Officer Banks Mortgages Loans 392

Housing Wire

MARCH 27, 2025

For example, lenders will have lower origination costs and faster loan decision-making through direct-sourced data, while borrowers will benefit through reduced closing costs. FinLocker also explained that it aims to offer a “competitive edge in a challenging market with a tangible cost” for loan officers.

Mortgages 339

Mortgages Loan Officer Technology Loans 339

Housing Wire

OCTOBER 15, 2024

Similar to other lending discrimination cases, the CFPB and the DOJ accuse Fairway of redlining as the company allegedly discouraged people from majority-Black neighborhoods from applying for mortgages, including through its marketing and sales actions. The regulators added that in the Birmingham area — which has six counties and about 1.1

Lending 461

Lending Loan Officer Loans Finance 461

Housing Wire

NOVEMBER 13, 2024

million in Q2 2024 related to mark-to-market impacts on its lock pipeline. million in cash, restricted cash, short-term investments and self-funded loans. Better’s earnings report also included the announced hiring of the executive team from NEO Home Loans to build out a distributed retail channel.

Mortgages 368

Mortgages Loan Officer Loans Technology 368

Housing Wire

MARCH 5, 2025

Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans. In his new role, Banosian said he will be leveraging his success as a top producing loan originator to help other Rate LOs grow their business and take market share. But my biggest focus initially is going to be the loan officers.

Loan Officer 427

Loan Officer Loans Technology Mortgages 427

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.

Lending 416

Lending Mortgages Loan Officer Development 416

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.

Loan Officer 415

Loan Officer Investor Loans Mortgages 415

Housing Wire

DECEMBER 18, 2024

CreditXpert CEO Jim Hemmer said that shifting market demands motivated the company’s choice to move on from Wayfinder and the What-if Simulator. Years later, in 2018, the newly unveiled Wayfinder platform automated credit optimization for loan officers. 1 in preparation for the launch of the new platform.

Loan Officer 391

Loan Officer Loans Technology Mortgages 391

Housing Wire

NOVEMBER 20, 2024

and we are honored to support these efforts through our loans, investments and grants.” HSBC has committed $10 million in loan subsidies, including $3.5 million to certain California markets. billion in mortgages in the last 12 months, most of them purchases (77% of the total) and conventional (90%) loans.

Loan Officer 410

Loan Officer Lending Banks Loans 410

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? Why do you think brokers should work with a specialist instead of a multi-product lender?

New Construction 289

New Construction Construction Marketing Equity 289

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.

Technology 361

Technology Loan Officer Loans Banks 361

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.

Lending 389

Lending Loan Officer Loans Mortgages 389

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.

Mortgages 370

Mortgages Sales Loan Officer Lending 370

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.

Loan Officer 283

Loan Officer Loans Mortgages Branding 283

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.

Lending 392

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. You’re guessing on a credit score , you’re guessing on down payment , you’re guessing on everything.

Loan Officer 370

Loan Officer Loans Technology Mortgages 370

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.

Mortgages 368

Mortgages Loan Officer Loans Banks 368

Housing Wire

DECEMBER 22, 2023

Facing a challenging housing market can be daunting for agents and loan officers alike. As industry professionals grapple with uncertainties, market shifts and evolving dynamics, the key to thriving lies not only in adapting to change but also in embracing it as an opportunity for growth.

Loan Officer 451

Loan Officer Agents Marketing Loans 451

Housing Wire

OCTOBER 17, 2024

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. Kevin Ryan, Better’s chief financial officer, said that the average cost to sell and process a mortgage in the U.S. is nearly $9,000. “We

Loans 426

Loans Loan Officer Lending Mortgages 426

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.

Loan Officer 336

Loan Officer Finance Loans Mortgages 336

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. Garg : We were already four times more productive than the industry from our loan officers. It finished 2024 with $3.6

Loan Officer 284

Loan Officer Mortgages Loans Equity 284

Housing Wire

NOVEMBER 13, 2024

Smith previously served as president and CFO of Stearns Lending , CFO of Caliber Home Loans , executive for core servicing and centralized sales for Bank of America and CFO of consumer markets for Countrywide. In July, the lender and rival loanDepot agreed to end a one-year dispute over the poaching of employees.

Mortgages 370

Mortgages Loan Officer Finance Lending 370

Housing Wire

MAY 7, 2024

Recent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% Second, nearly 20,000 loan officers moved into the wholesale channel in 2023. The broker model is not just surviving but thriving and will continue to gain market share in the lending landscape.

Industrial 469

Industrial Loan Officer Marketing Loans 469

Housing Wire

APRIL 10, 2024

Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage and real estate. She is always strategizing for the future to stay one step ahead of current market trends.

Marketing 433

Marketing Loan Officer Branding Loans 433

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.

As-is 437

As-is Loan Officer Loans Mortgages 437

Housing Wire

FEBRUARY 19, 2025

The top-producing loan officer brings a proven track record of high-volume production and financing solutions for borrowers. Franquemont funded $38 million across 103 loans 2024 alone, according to Rate. He first joined Guaranteed Rate in January 2019 after a two-year stint as a loan officer at Northpointe Bank.

Loan Officer 302

Loan Officer Lending Loans Technology 302