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? Those banks have since scaled back their role in the mortgage industry significantly.

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Loan Officer Loans Marketing Title 369

Housing Wire

MARCH 6, 2025

Another factor is Reals private-label program, which launched in 2024 and allows brokerage affiliates to keep their branding. It started 2024 with 18 loan officers and finished the year with about 90. The company said about 40 independent brokerages with about 2,200 agents in total joined under these terms.

Brokerage 370

Brokerage Agents Loan Officer Technology 370

Housing Wire

JULY 31, 2023

Flagstar Bank , a top-25 U.S. Flagstar made news in recent months, expanding its footprint and further diversifying its business model with the completion of the merger with New York Community Bancorp (NYCB) and the acquisition of certain financially and strategically complementary parts of Signature Bank.

Banks 370

Banks Mortgages Commercial Lending 370

Housing Wire

APRIL 22, 2025

In our production segment, we acquired or originated nearly $30 billion in unpaid principal balance (UPB) of loans at higher note rates, which strategically positions our consumer direct division for significant growth when interest rates decline. ” Fees from fulfilling correspondent loans for PMT totaled $5.3 million in Q1 2024.

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Principal Loans Mortgages Equity 312

Housing Wire

SEPTEMBER 19, 2024

Heartland Bank , the leading reverse mortgage lender in Australia and New Zealand , will rebrand its dedicated reverse mortgage division from “Heartland Finance” to “Heartland Bank” following a recent acquisition and a repositioning of its offerings. “We billion AUD, or roughly $1.2 billion USD.

Mortgages 448

Mortgages Banks Finance Branding 448

Housing Wire

AUGUST 5, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Founded in 1985, Quicken Loans has seen record numbers of refinance and purchase applications in recent months in the midst of the COVID-19 pandemic.

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Loans Branding Investor Banks 418

Housing Wire

NOVEMBER 14, 2024

Executive leaders there pointed to the performance of the company’s proprietary loan products and trends in the Home Equity Conversion Mortgage ( HECM ) space as favorable. This brings earnings potential from the brand integration between FOA and American Advisors Group (AAG), he said, making for a much healthier position.

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Investor Mortgages Bankruptcy Equity 370

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Among its dozens of limited partners are major banks, which are the kinds of customers Blend is servicing, Mayopoulus pointed out. trillion U.S.

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Loans Banks Loan Officer Branding 508

Housing Wire

JANUARY 21, 2022

The Office of the Comptroller of the Currency (OCC) issued a consent order against Michigan-based Flagstar Bank that levies a $3.62 The consent order states that between a three-year period – from February 2017 through February 2020 – the bank’s risk assessment, internal controls, and training led to various violations.

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Banks Branding Loans Residential 397

Housing Wire

JULY 19, 2024

In a competitive market full of options, banks must rely on more than their rate sheet to compete for the business of third-party originators. We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.”

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Lending New Construction Renovation Banks 466

Housing Wire

JANUARY 11, 2021

. “We’ve created a company that is built to serve customers throughout the entire loan transaction, from the onset of the purchase or refinance decision through loan closing and servicing,” Hsieh said in the prospectus. billion of loans in the twelve months ended Sept. All of this gives us enormous runway.

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Branding Banks Loans Finance 514

Housing Wire

APRIL 27, 2022

parent company of Flagstar Bank , has reduced its mortgage staff by 20% since the calendar turned to 2022, laying off 420 employees amid a significant drop in origination volumes and margins. Overall, the bank’s net income in the first quarter of 2022 dropped 60.4% Flagstar’s mortgage division will also preserve the brand.

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Purchase and sale agreement Mortgages Banks Branding 418

Housing Wire

APRIL 25, 2022

Jim Linnane, the former head of retail at Stearns Lending , has joined Flagstar Bank as the president of the company’s distributed retail mortgage division. billion in mortgage loans, down from $12.5 billion in mortgage loans, down from $12.5 Its net margin on locked loans fell to 1.02% from 1.50% in the third quarter.

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Lending Mortgages Banks Branding 396

Housing Wire

MAY 7, 2024

Non-QM loans are a vital part of the loan mix for Carrington’s customers,” Winokur said in a statement. “We Carrington Mortgage Services provides non-QM loans, conventional loans and government-backed mortgages through the Federal Housing Administration ( FHA ), U.S. Department of Veterans Affairs ( VA ) and U.S.

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Marketing Lending Loans Branding 446

Housing Wire

SEPTEMBER 23, 2024

The division will be led by Joe Conrad, an industry veteran who most recently served as a reverse mortgage loan officer at Mutual of Omaha Mortgage. The division will be led by Joe Conrad, an industry veteran who most recently served as a reverse mortgage loan officer at Mutual of Omaha Mortgage.

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Lending Mortgages Equity Loan Officer 448

Housing Wire

FEBRUARY 16, 2021

Bank of America recently reported that their digital mortgage transactions have nearly doubled over the past year, citing 68% of all consumer mortgage sales were made digitally in 2020, compared with just 36% in 2019. . 3 Self-driving banks. Technology startups are making banking more accessible. 4 Don’t show me the money.

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Mortgages Banks Loan Officer Technology 534

Housing Wire

SEPTEMBER 22, 2020

The Detroit-based firm, which began 35 years ago as a mortgage broker shop in southeast Michigan, is rebranding Quicken Loan Mortgage Services to Rocket Pro TPO. Beyond the bucket of leads, Rocket is banking on its widely known brand name, free use of marketing tools, and bevy of technologies to hook brokers. “We

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Loans Technology Branding Banks 476

Housing Wire

MARCH 20, 2024

The launch of Figure Technology Solutions comes a few months after Bloomberg reported that Figure Technologies was working with multiple investment banks — including Goldman Sachs Group Inc. , CMG Financial , CrossCountry Mortgage , Fairway Independent Mortgage and The Loan Store are Figure’s private-label partners.

Lending 448

Lending Equity Technology Banks 448

Housing Wire

APRIL 30, 2024

In November 2023, Lower announced the acquisition of Colorado-based Universal Lending Home Loans , which became a separate division. Founded in Denver in 1981, Universal added 60 loan officers to Lower. As is usually the case with Lower’s deals, Thrive maintained its brand.

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Loan Officer Banks Lending Loans 448

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. But Woodward struggled to originate purchase loans. “I Without that being built, I was starting from scratch.

Mortgages 526

Mortgages Marketing Lending Loans 526

Housing Wire

APRIL 28, 2021

The parent company of Veritex Community Bank will acquire a 49% stake in Texas-based mortgage lender Thrive Mortgage , the firms announced late Tuesday afternoon. How lenders will benefit from Proctor Financial’s acquisition of Loan Protector. Presented by: Proctor Loan Protector. billion in assets at the end of 2020.

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Mortgages Lending Banks Loans 370

Housing Wire

DECEMBER 6, 2022

“Our new Path TPO channel offers a great way to increase volume and revenue without increasing customer acquisition costs since third parties already have clients and referral sources,” said Michele Parson, brand marketing manager at Path. In August 2022, it enhanced its point-of-sale platform Zip, with new features for loan originators.

Banks 370

Banks Loans Branding Development 370

Housing Wire

FEBRUARY 26, 2021

TIAA Bank has tapped JPMorgan Chase ‘s head of consumer banking, Thasunda Brown Duckett, to succeed longtime president and CEO, Roger Ferguson, Jr. At JPMorgan Chase, Duckett has led a banking network with more than $600 billion in deposits, 4,900 branches and over 40,000 employees. .” Thasunda Brown Duckett.

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Banks Loans Finance Title 382

Housing Wire

DECEMBER 14, 2022

CARE is Sagent’s consumer platform that links a modern, bank-on-your-phone experience for borrowers with seamless human care from servicers. They can also quickly apply for and resolve forbearances and loan mods during hardships. Through our CARE Admin tool, the entire CARE website branding can be updated in less than a minute. #3.

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Equity Branding Banks Design 397

Housing Wire

FEBRUARY 8, 2021

The momentum for non-bank lending is here to stay. We’ve created a company that is built to serve customers throughout the entire loan transaction, from the onset of the purchase or refinance decision through loan closing and servicing,” Hsieh said in the prospectus. “We billion in marketing and promotion of its brand.

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Lending Branding Mortgages Loans 482

Housing Wire

NOVEMBER 20, 2024

Jesse Allen, most recently of OneTrust Home Loans and formerly of American Advisors Group (AAG), has been appointed to the role of president for the division. Rate’s entrepreneurial and innovative culture prioritizes the customer and loan officer at the heart of all operations,” Allen said in a statement.

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Industrial Mortgages Lending Loan Officer 370

Housing Wire

JANUARY 22, 2024

Sagent , a fintech software company providing a servicing management platform for banks and lenders, appointed Chris Marshall as executive chairman. and was co-founder and CFO at Capital Bank Financial Corp. His term as executive chairman began on January 19. His career includes positions at GMAC, Inc. , now Ally Financial, Inc.

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Technology Banks Equity Branding 446

Housing Wire

AUGUST 15, 2022

Non-QM is increasingly important as its share of overall volume continues to rise as more borrowers need it to qualify for a loan. Originators utilizing non-QM with Angel Oak have added loans to their books they would not have had otherwise. Establishing a personal brand. The importance of consistent networking.

Banks 370

Banks Loans Branding As-is 370

Housing Wire

NOVEMBER 1, 2022

. “We know not every client is ready to get a mortgage with us at this moment, but, by banking rewards that can build over time, we are delivering a value-add no other lender in our space can match,” Jay Farner, vice chairman and CEO of Rocket Companies, said in a statement. At Rocket, mortgage originations declined to $34.5

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Closing costs Closing Loans Mortgages 448

Housing Wire

MAY 8, 2023

Flagstar Bank , a top-25 U.S. In December 2022 , the bank concluded the merger with New York Community Bancorp after waiting for regulatory approvals for over a year. ” Meanwhile, Signature brought in high-net-worth customers and took the loan-to-deposit ratio to less than 90%, strengthening the bank’s balance sheet. .”

Banks 370

Banks Lending Loans Mortgages 370

Housing Wire

DECEMBER 7, 2020

Sydney Menefee has been selected to fill the senior deputy comptroller for Midsize and Community Bank Supervision on a permanent basis, and Greg Coleman will become the next senior deputy comptroller for Large Bank Supervision. She was commissioned a national bank examiner in 2016.

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Banks Lending Loans Branding 351

Housing Wire

OCTOBER 26, 2020

Since forbearances spiked in March, Sagent’s smart loan servicing software has helped servicers comply with federal requirements for scaling mortgage forbearances with minimal documentation, track and report investor and liquidity obligations, care for customers who needed help immediately, and prepare customers for protracted hardship scenarios.

Technology 422

Technology Loans Investor Branding 422

Housing Wire

DECEMBER 28, 2022

Amid a declining housing market and volatile economy, mortgage and banking marketers may find themselves in a difficult position. . As 2022 comes to an end, predictions for mortgage and banking trends have been nothing short of ominous. Perhaps fewer shoppers are seeking mortgage and banking products and services. in Q4 2023.

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Marketing Banks Mortgages As-is 497

Housing Wire

APRIL 13, 2023

The wholesale channel has the ability to offer borrowers a variety of choices, with access to many different bank and lending programs. Additionally, CDFIs are exempt from certain ability-to-repay requirements where other non-QM lenders are not, allowing Change to make loans available to a broader set of qualified borrowers.

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Lending Marketing Banks Investor 397

Housing Wire

DECEMBER 14, 2023

Texas-based lender Thrive Mortgage plans to merge with digital multichannel rival Lower , which will create a unified lender with more than 650 loan officers and 120 active branches across the country. The merger would change the leadership structure but maintain each brand. Over the last 12 months, Thrive has originated about $1.42

Mortgages 459

Mortgages Loan Officer Banks Finance 459

Housing Wire

AUGUST 17, 2022

While celebrating Inco-Check’s legacy of high-quality audit services, this new branding reemphasizes our shared goals and collaboration with our client partners to enhance their business,” said Donna Gibson, chief operating officer and president of QC Ally. “We Mortgage loan fraud typically rises in a purchase market.

Loans 397

Loans Branding Banks Investor 397

Housing Wire

DECEMBER 21, 2022

Founded in 1970, UHM is a full-service retail, wholesale and consumer-direct independent mortgage banking company. billion in mortgage loans over the last 12 months, according to the mortgage tech platform Modex. It has 557 active loan officers, 168 branches and licenses in 49 states. . The lender originated $4.68

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Loan Officer Loans Development Mortgages 418