Housing Wire

MAY 1, 2023

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

Loan Officer 370

Loan Officer Principal Title Lending 370

Housing Wire

JANUARY 26, 2022

Lenders across the board felt that they got truly high ROI from these solutions,” said Sam Ryder, principal at LLR Partners. Sales Boomerang provides automated borrower intelligence, delivering real-time customer insights to lenders, who can then offer “the right loan to borrowers at the right time,” according to CEO Alex Kutsishin.

Investor 394

Investor Sales Mortgages Loan Officer 394

Housing Wire

SEPTEMBER 30, 2022

Effective natural language processing technologies extract deeper meaning from unstructured data to make a difference in the lives of countless would-be homebuyers who are credit invisible or have not had the ability to obtain access to affordable housing finance. The 10-year note went from 3.51% to 3.72% in the same period.

Mortgages 482

Mortgages Fixed-rate mortgage Loans Loan Officer 482

Housing Wire

DECEMBER 11, 2023

We locked in rates probably 25% more during that same period,” said Jon Overfelt, director of sales and principal at American Security Mortgage Corp. “We ICE Mortgage Technology estimated tappable home equity – the value borrowers can borrow while still preserving at least a 20% equity stake in the home – was $10.6

Mortgages 482

Mortgages Fixed-rate mortgage Equity Loans 482

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. I can get you (borrower) a conditional loan approved in 20 minutes. It’s smoother for the client,” Hussam said.

Loan Officer 435

Loan Officer Loans Equity Mortgages 435

Housing Wire

NOVEMBER 16, 2022

If you deliver 5,000 homes a year, that means you had 50,000 people looking for a house walk across your platform who are likely prequalified by your loan officers, and you … have a relationship with them. loan officers] in pods.’”. “The rest of those people are still looking for a house. “If

Banks 435

Banks Mortgages Loan Officer Due diligence 435

Housing Wire

AUGUST 26, 2024

trillion unpaid principal balance (UPB). Additionally, Mr. Cooper ranks as the fourth-largest holder of MSRs, considering both whole loan portfolios and servicing rights, with $676 billion at the end of June—an increase of 70% over two years, according to Inside Mortgage Finance. Cooper had become the largest U.S.

Mortgages 459

Mortgages Banks Debt-to-income ratio Loans 459

Housing Wire

AUGUST 3, 2023

HousingWire recently published a deep-dive feature on whether Rocket’s accelerated efforts of hiring local loan officers represented a shift in the lender’s strategy. “As million loans service, with approximately $500 billion in unpaid principal balance. billion of mortgage servicing rights. What’s ahead for Q3?

Loans 370

Loans Loan Officer Mortgages Principal 370

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

Lending 219

Lending Mortgages Technology Loan Officer 219

Housing Wire

MARCH 15, 2022

But again, one of the unintended consequences of the compensation caps [is that it is sometimes] unrealistic to originate loans that have enough profit in them to substantiate that. So you’ve got to pay loan officers the same on any loans they originate.

Loans 397

Loans Finance Mortgages Loan Officer 397

Housing Wire

JUNE 15, 2022

Lenders, loan officers and economists who spoke to HousingWire this week said that the current volatility in the markets will reduce originations even further in 2022, bringing additional rounds of layoffs. More layoffs to come. “The industry was already trying to rightsize from a $4 trillion market to a $2.5 trillion in 2023.

Mortgages 397

Mortgages Loans Investor Equity 397

RIS Media

SEPTEMBER 21, 2021

Originally from Atlanta, Georgia, Jackson earned degrees in Information System Technology and Psychology and was accepted to flight school as an Army helicopter pilot. Woyak has been a principal broker for many years, leading small and large brokerages, and teaching thousands of agents across the state of Idaho. Julian Jackson lt.

Loan Officer 97

Loan Officer New Construction Brokerage Residential 97

HomeLight

OCTOBER 29, 2021

The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close.

Closing 111

Closing Inspection Title Due diligence 111

Housing Wire

NOVEMBER 7, 2024

Ready to capitalize on refis, UWM structured a program that transforms individuals with no experience into loan officers in just five weeks and implemented an artificial intelligence (AI) technology, dubbed Keep, to send pre-validated opportunities as soon as borrowers can save in their monthly payments. billion in Q3 2023.

Loan Officer 370

Loan Officer Loans Principal Mortgages 370

HomeLight

DECEMBER 31, 2020

Lenders usually classify homes into three different categories: primary or principal residence, vacation or second home, and investment property. Are you set up for wi-fi that can handle the demands of technology, or will you need to bring a router/booster with you? You’ll also want to think through the physical office space.

Loans 85

Loans Mortgages As-is Loan Officer 85

Housing Wire

JUNE 28, 2022

In January, Sam Ryder, principal at LLR Partners, cited the companies’ solutions products as the reason for the capital investment. The two companies’ technology solutions are already tightly integrated and the relationship between their executives was a bonus to LLR Partners, Ryder told HousingWire in January.

Sales 418

Sales Mortgages Loan Officer Principal 418

Housing Wire

FEBRUARY 15, 2023

TrustEngine, led by CEO Rich Harris, said borrower intelligence platforms are rapidly gaining traction as mandatory technology for modern mortgage lenders. In January 2022, Sam Ryder, principal at LLR Partners, cited the companies’ solutions products as the reason for the capital investment.

Sales 397

Sales Mortgages Loan Officer Loans 397

Housing Wire

FEBRUARY 7, 2022

Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. In California’s Contra Costa County, where the median home listing price is now $749,000, a loan officer priced a loan for a potential borrower with less-than-perfect credit, who had found a listing for $650,000.

Banks 370

Banks Lending Loans Mortgages 370

Notorious ROB

DECEMBER 19, 2022

To be fair, there were a number of big announcements, but the one I honed in on was this one: We plan to overhaul our current mortgage funnels away from third-party lead generation and toward Zillow Home Loans , and bolster our loan officers’ tools and capabilities to help the customers who come their way. billion in revenue.

MLS 79

MLS Agents Pre-approval Brokerage 79

Housing Wire

NOVEMBER 22, 2024

Large MSR owners are getting a lot of benefits through their skills and investment in technology, and they’re able to pass that through to the MSR economics, including things like retention,” said Chris King, senior vice president at Texas-based Mr. Cooper , the largest primary servicer in the U.S., which manages a $1.34 trillion portfolio.

Mortgages 418

Mortgages Banks Loans Equity 418