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.”

Marketing

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

Housing Wire

MAY 8, 2025

Todays best loan officers operate differently and expect more. Naturally, this means loan officers (LOs) dont work the same way anymore, either. Market conditions If you dont like the market conditions today, just wait a few days theyll change. They simply cant if they wish to succeed.

Loan Officer

Housing Wire

JULY 18, 2025

The sample was balanced across gender, race and income to reflect the diversity of today’s housing market. This shift reflects both necessity and a pragmatic adaptation to current market conditions, with younger buyers finding innovative ways to achieve homeownership despite significant financial barriers.”

Loan Officer

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

Housing Wire

NOVEMBER 11, 2024

In its third-quarter earnings report, Zillow Home Loans revealed an impressive data point: mortgage revenue increased 63% year over year in the third quarter to $39 million, which is primarily due to an 80% year-over-year increase in purchase loan origination volume to $812 million. That’s an annualized $3.2

Mortgages

Housing Wire

JUNE 25, 2025

You likely hear strategies rooted in competitive advantage: how to stand out, gain market share and outperform rivals. Despite these headwinds, one truth remains: there’s more than enough business for professionals who shift focus to underserved markets. It’s about contributing to an underserved market that’s driving U.S.

Mortgages

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

Housing Wire

JULY 21, 2025

Mortgage technology company Mobility Market Intelligence (MMI) announced on Monday its launch of ChatMMI, which claims to be the industry’s first conversational artificial intelligence interface built specifically for lenders, recruiters and other mortgage professionals.

Loan Officer

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

Housing Wire

JUNE 10, 2025

Amid expectations that interest rate declines may reignite refinance activity , Optimal Blue on Monday launched a new tool that automatically analyzes loan officer portfolios each month to identify recapture opportunities. The tool is designed to ensure loan officers are ready when refinance volume picks up.

Loan Officer

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

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

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

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

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

Housing Wire

MAY 12, 2025

Bidding wars for producing mortgage loan officers are back with a vengeance and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. The task would be difficult in any market. The real question is when that opportunity will come.

Mortgages

Housing Wire

JUNE 26, 2025

The combined company will include nearly 3,000 real estate agents, loan officers and support staff. It will operate from more than 30 offices across the Chicago area, including eight within the city. Dream Town — founded in 1998 — is known for its early embrace of digital platforms and online marketing.

Brokerage

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

Housing Wire

JULY 23, 2025

And to do that you need two things: real estate agents and loan officers. The agent a buyer is meeting through a portal is connecting them with a local loan officer that they know. Nobody has gotten that right yet. Redfin bought Bay Equity and tried multiple mortgage products and now they are at Rocket.

Loan Officer

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

Housing Wire

MAY 2, 2025

Dubbed Rate Portfolio, the new products are being introduced in a competitive purchase market. Another option allows borrowers to qualify based on assets alone or in combination with income including retirement accounts, investment portfolios, money market funds or inheritances.

Closing

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

Housing Wire

JUNE 24, 2025

Williston Financial Group (WFG) announced the release of a new digital tool through subsidiary Volly that aims to enhance collaboration between mortgage loan officers and real estate agents. The tool is designed to automate aspects of co-marketing efforts, including compliance and brand consistency.

Loan Officer

Housing Wire

JULY 14, 2025

the parent of Guild Mortgage , has left loan officers wondering how the traditionally purchase-focused lender would integrate refinance capabilities to leverage the $770 billion servicing portfolio of soon-to-be sister company Lakeview Loan Servicing , the nation’s second-largest mortgage servicer.

Mortgages

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

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

Housing Wire

OCTOBER 30, 2024

If you are not a depository or a bank, you typically don’t have a balance sheet, so you have to sell that loan in the scratch-and-dent market, which was costing last year 15 to 20 points — and even now it’s still costing anywhere between 5 to 8.5 The new model also provides economic benefits to lenders, according to Mittal. “If

Debt-to-income ratio

Housing Wire

OCTOBER 31, 2024

The Nationwide Multistate Licensing System (NMLS) shows that Michigan-based brokerage firm Next Door had 61 sponsored loan officers as of Thursday, along with four branches in Arizona, Nevada, Ohio and Texas. The earnout will be reported as compensation expenses through 2028 and subject to continued employment with the company.

Lending

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

Housing Wire

JUNE 10, 2025

Rocket Pro is partnering with Vetted VA , which provides education to veterans and training to loan officers to give veterans better access to home loan benefits. “They know more about VA loans than anybody else,” Sweeney told HousingWire in an interview. That was a lot for loan officers.

VA loan

Housing Wire

JULY 8, 2025

Union Home Mortgage (UHM) is extending its reach into the Cincinnati, Ohio , market, the company announced on Tuesday. Originally from Columbus, Ohio, Allen now resides in Anderson Township with his wife and two children. “We’ve each learned so much along the way, and I couldn’t be more excited for what’s ahead.”

Mortgages

Housing Wire

JUNE 6, 2025

According to the company, Shilo can deeply understand the context of business calls made by real estate agents and mortgage loan officers. The company said the funding round will accelerate Shilo’s product development and go-to-market expansion. “AI

Closing

Housing Wire

JULY 11, 2025

My job as a loan officer is to help people prep and plan to buy a house. We have housing markets in the country where inventory is growing, and there are a ton of opportunities for homebuyers. As the top VA purchase loan officer for the last two years, I have seen the solution.

Debt-to-income ratio

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

Housing Wire

MAY 20, 2025

But Toohig, who spoke Tuesday during the Mortgage Bankers Association (MBA)’s Secondary and Capital Market Conference in New York City, was also highlighting the opportunity for loan officers to originate more HELOCs and other second-lien mortgages. Thats what I think the HELOC is right now. homeowners and $11.5

Equity

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