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Will AI replace the loan officer?

Housing Wire

The industry fears AI will ultimately replace everyone, from operations to loan officers. As a loan officer , I am not losing any sleep, and here is why you should not, either. Now, remember that this is a top coach, and he is using this technology across his platforms to increase conversions. tale as old as time.

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Rocket-Redfin deal sparks uncertainty over Bay Equity’s future

Housing Wire

Bay has encouraged us to start looking [for a job] as Rocket is really only offering loan officer positions at this time, an employee told HousingWire under the condition of anonymity for fear of affecting job prospects. billion in loans in 2021nearly 10 times Redfins in-house mortgage volume. They will be a great fit.

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Are you prepared to respond as borrower demand shifts?

Housing Wire

By examining their customer acquisition and retention strategies, they can drive, capture and convert shifts in demand into closed sales. We recommend investing in three key aspects of your customer acquisition strategy to ensure you have the technology, people and operational workflows needed as rates change and volumes increase.

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CoreLogic unveils AI-driven Araya platform for advanced property data

Housing Wire

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

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Mortgage software firm RETR hires two executive leaders

Housing Wire

Heidi Iverson is the company’s new vice president of growth and Anthony Savala is the new vice president of sales. The technology is impressive, and I’m proud to join such a talented team that’s making a real difference. Anthony Savala Savala has spent more than 15 years in the mortgage technology sector.

Mortgages 356
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No. 1 originator Shant Banosian named president of Rate

Housing Wire

Banosian has served as executive vice president of sales at Rate for more than a decade, leading his Boston-based team to originate more than $2 billion in 2021. 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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5 lessons we learned at the HW Economic Summit – and why we consider it a ‘must attend’

Housing Wire

With economists, analysts and industry leaders in the room, discussions revolved around key economic indicators, inventory shifts, technology advancements and what lenders should be doing right now to prepare for the next cycle. Heres Why We Attend Every Year At Dark Matter Technologies, we dont merely follow the industrywe help shape it.