Housing Wire

NOVEMBER 2, 2023

This was the first earnings delivered by Rocket’s new CEO, Varun Krishna , who focused his conversation with analysts on the potential of artificial intelligence (AI) and other technologies to transform the business. This was the result of strong execution and continued expansion in the gain-on-sale margin.” Rocket generated $22.2

Principal 405

Principal Loans Technology Mortgages 405

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 421

Technology Development Title Lending 421

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. million in unpaid principal balance; pool 2 is at $342.5 The reperforming-loan sale is slated to close by late October 2022, after due-diligence period.

Loans 378

Loans Purchase and sale agreement Principal Due diligence 378

Housing Wire

AUGUST 9, 2023

Unlike others that are more reactive to cyclical market conditions, we will continue to be aggressive in our technology and product investments. The company’s total gain-on-sale margins decreased to 88 basis points in Q2 2023, compared to 92 bps in Q1 2023 and 99 basis points in Q2 2022. million net loss in the previous quarter.

As-is 370

As-is Principal Mortgages Loans 370

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. She holds an A.B. from Smith College, an M.P.A.

Principal 86

Principal Development Brokerage Residential 86

Housing Wire

AUGUST 7, 2023

billion, which the brokerage attributed to a 19% year-over-year decrease in transaction sides to 54,207, combined with a decrease in the average home sale price, as the brokerage’s gross transaction value dropped 26% year over year to $56.8 Compass’ free cash flow win came despite a 26% annual drop in revenue to $1.5 Maryland and Virginia.

Brokerage 345

Brokerage Principal Title Equity 345

Housing Wire

FEBRUARY 13, 2023

I’m excited to help us innovate our operations and leverage technologies to build on that advantage…” Prior to joining Deephaven, Drago was the chief operations officer for the Southeast and Mountain West divisions of Guaranteed Rate. among others. million security backed by non-QM mortgages.

Mortgages 312

Mortgages Principal Banks Equity 312

Housing Wire

FEBRUARY 17, 2021

Alexander, now rebranded as @properties , is a four-year-old firm with 45 agents and $120 million in 2020 sales volume that has so far focused on downtown Detroit. billion in 2019 sales, according to RealTrends. Few real estate brokerages in 2021 say their technology is anything less than second to none.

Brokerage 330

Brokerage Principal Technology Equity 330

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

MARCH 1, 2023

wholesale lender, maintained flat gain-on-sale margins relatively in the fourth quarter of 2022, despite competitive pricing initiatives. “In 2023, we will continue to invest in technology to serve the broker channel and products that put brokers in a position to win,” Ishbia said. UWM, the top U.S. UWM had $312.5

Principal 290

Principal Loans Mortgages Technology 290

Housing Wire

MAY 10, 2023

” As UWM’s executives indicated in the previous quarter, the company’s total gain-on-sale margins increased to 92 basis points in Q1 2023, compared to 51 bps in Q4 2022 and 99 basis points in Q1 2022. billion in the unpaid principal balance of MSRs as of March 31, 2023, compared to $312.5 UWM had $297.9

Loans 373

Loans Principal Mortgages Technology 373

Housing Wire

MARCH 12, 2024

President and CEO Frank Martell said in a prepared statement that the company made progress last year by “significantly resetting its cost structure and making critical investments in our technology platforms and business processes.” But its pull-through gain-on-sale margin was 2.75% last year, better than the 1.94% registered in 2022.

Principal 343

Principal Mortgages Equity Technology 343

Housing Wire

AUGUST 17, 2023

The first thing we go through when I work with real estate brokerages — whether it’s in helping them to streamline their technology or to prepare for sale — is their financials. Create a list of vendors and products you’re using, monthly costs and other pertinent details like the sales rep, website and contract terms.

Technology 267

Technology Principal Brokerage Agents 267

Housing Wire

FEBRUARY 14, 2024

In the article, Moody’s said they anticipate an increase in MSR sales in 2024, which will result in a short-term gain in liquidity at the expense of a weaker franchise in the future. Servicing software APIs simplify in-house servicing Digital technologies can help lenders reduce errors, costs, and processing times, delivering better service.

Investor 315

Investor Loans Mortgages Principal 315

Housing Wire

APRIL 1, 2024

In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In

Equity 383

Equity Finance Purchase and sale agreement Investor 383

Housing Wire

AUGUST 26, 2022

This could take time away from sales and put more pressure on finding ways to automate. HW: Mortgage technology is accelerating quickly and originators are rushing to keep pace. Additionally, we work continuously to enhance our technology to offer a more streamlined experience for our partners.

Mortgages 337

Mortgages VA loan Loans Technology 337

Housing Wire

OCTOBER 31, 2022

“The increased M&A activity to-date has been fueled primarily by two factors: 1) pent-up demand for retirement by aged owners who achieved lifetime net worth objectives, and 2) the current industry challenges with more storm clouds on the horizon,” David Hrobon, principal at Stratmor wrote in its October Insights Report.

Industrial 324

Industrial Mortgages Principal Loans 324

App Folio

DECEMBER 4, 2020

Technology has automated many of the tedious, manual tasks for property management businesses, and helped them to significantly improve a range of processes from onboarding and training to leasing and maintenance. Employees no longer prefer to have access to the latest technology to do their job, they expect it.

Technology 109

Technology Property Management Industrial Principal 109

Housing Wire

SEPTEMBER 9, 2021

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. Technology that had long been available, but never saw the level of adoption the industry would have hoped for, was now in high demand. Technology as the new table stakes.

Mortgages 386

Mortgages Technology Inspection Closing 386

Housing Wire

NOVEMBER 8, 2023

“We are investing in new technology and hiring new team members to ensure that we are prepared for the eventual turn in rates.” The company’s total gain-on-sale margins increased to 97 basis points in Q3 2023, compared to 88 bps in Q2 2023 and 52 bps in the third quarter of 2022. UWM originated $25.9

Principal 279

Principal Mortgages Loans Closing 279

RIS Media

AUGUST 18, 2023

In the latest RISMedia webinar—”Help Your Agents Increase Referrals in Any Market”—sponsor spokesperson Stephanie Alfonso, senior director, Sales Enablement and Field Education at Elm Street Technology; and panelists Jillian Young, president of Premiere Plus Realty in Southwest Florida; and Kevin Laugharn, principal and director of Marketing for Alta (..)

Agents 83

Agents Principal Marketing Technology 83

Housing Wire

NOVEMBER 17, 2022

Government and conforming loans held for sale would have a 20% risk weight. Other loans held for sale would have a 50% risk weight. ” A multiple is a measure of the price of an MSR loan pool, which is expressed as a percentage of the unpaid principal balance divided by the servicing fee.

Marketing 366

Marketing Lending Loans Principal 366

McKissock

NOVEMBER 2, 2020

Technology is supposed to make everything easier, and yet it is often the source of so many problems. While you can’t do your job without relying on real estate technology to some degree, you do have to be extra careful when you use it. Here are six ways technology can hurt—or even ruin—your real estate business.

Technology 81

Technology Closing costs Principal Agents 81

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 196

Lending Mortgages Technology Loan Officer 196

Housing Wire

MAY 5, 2021

“Interest rates began to rise in late Q1, and there has been a corresponding reduction in market opportunities and gain on sale margins as a result. “As we focus on long-term growth trajectory and build on our momentum, we will continue to invest in brand, people, and technology,” said Pat Flanagan, loanDepot’s CFO.

Marketing 265

Marketing Principal Technology Loans 265

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 449

Mortgages Fixed-rate mortgage Loans Loan Officer 449

Housing Wire

AUGUST 3, 2023

Gain-on-sale margins posted for the second quarter of 2023 was 267 points, up from the previous quarter’s 239 points. million loans service, with approximately $500 billion in unpaid principal balance. Rocket generated $22.3 billion in origination volume in Q2, up about 31% from $17 billion in Q1 2023. What’s ahead for Q3?

Loans 314

Loans Mortgages Loan Officer Principal 314

Housing Wire

APRIL 28, 2022

Mr. Cooper sold certain intellectual property rights related to its cloud-based technology platform for Sagent and received a minority equity stake in the fintech company. . Gain-on-sale margin surprisingly increased to 1.53% in the first quarter, compared to 1.41% in the previous three months. Mr. Cooper originated $11.6

Principal 345

Principal Mortgages Equity Closing 345

Realty Biz

JUNE 1, 2023

Now known as Next Real Estate Group ERA Powered and Next New Homes Group ERA Powered, the boutique brokerage serves the greater Sacramento area in all types of residential real estate sales with a specialty in new construction sales. Individual agents focus on traditional resale sales, new home sales or a hybrid of the two.

Branding 78

Branding Principal Technology Industrial 78

Housing Wire

APRIL 24, 2024

Almeida Realtor- Team Leader The American Dream Group Coldwell Banker Abhishek Shende Senior Principal Software Engineer Zillow Group Adi Pavlovic CEO Newzip Alnur Kassim-Lakha Director Mile Rock Capital Amy Macken Senior Vice President, Due Diligence Operations Consolidated Analytics Anaid Chacón Senior Vice President of Product Argyle Mortgage Arkadiusz (..)

Principal 423

Principal Due diligence Lending Title 423

Realty Biz

MARCH 16, 2023

ML: I’m a subject matter expert on foreclosures, short sales, technology and social media, and then I am a full time instructor in the State of Illinois, dealing with license law, pre-licensing, that sort of thing. ML: More technology. I think you’re going to see a continuation of video and of global technology.

Short sale 93

Short sale Investor Technology Principal 93

Housing Wire

NOVEMBER 4, 2022

Since the start of Game On, we’ve had thousands of loan officers try us for the first time, experiencing our technology, our services and quickly realizing that partnering with UWM can help them win in any market.”. The lender’s gain-on-sale margins dropped to 52 bps points from the previous quarter’s 99 bps. UWM had $799.5

Principal 80

Principal Loan Officer Loans Mortgages 80

Realty Biz

APRIL 4, 2023

Thayne Houston, Principal Broker, ERA Brokers Consolidated, St. Jim Napier, President and Principal Broker, Napier Realtors ERA, Richmond, Va., Thayne Houston, Principal Broker, ERA Brokers Consolidated. Thayne became the Principal Broker in 1985, and later purchased his father’s interest in the firm. The late H.

Principal 88

Principal Branding Brokerage Industrial 88

Realty Biz

JUNE 29, 2023

JPAR®, a leading real estate brand, proudly announces their latest affiliated office in Shreveport; the first under their new +JPAR model that keeps the local brand front-and-center while layering in the power of their national network, full-scale support, and integrated technology suite. annually in sales volume.

Branding 80

Branding Principal Technology Agents 80

Housing Wire

OCTOBER 1, 2021

Net in migration has really added to the mix of factors driving housing demand in the state,” Matt Barton, the principal broker at Century 21 Everest Realty Group. “It We’ve had an explosion over the past three four years of technology and other companies coming in,” Barton said. “I

Marketing 414

Marketing Land Agents Principal 414

RIS Media

OCTOBER 30, 2020

In her role, she oversees all real estate functions, including marketing, sales, training, luxury, strategy, technology and shared services. Regional Owner/Operating Principal. He has an interest in three Market Center franchises and seven regional franchises and is the operating principal in Plano, Texas, and the Maryland/D.C.

Principal 114

Principal Industrial Brokerage Technology 114

RIS Media

JULY 30, 2021

“The unmatched power of Realogy’s strategic progress, innovation through technology, and leading presence in the luxury market, combined with our robust growth investments, position our business to lead into the future.” ” Highlights: – Generated Revenue of $2.3 and senior secured leverage ratio of 0.00x.

Branding 104

Branding Principal Title Equity 104