Housing Wire

NOVEMBER 30, 2021

Many mortgage lenders want to reduce the work involved with integrating third-party applications, as well as identify other ways to better streamline their operations and improve the customer experience. Additionally, the solution leverages artificial intelligence (AI) to guide borrowers through the mortgage application process.

Loans 370

Loans Pre-approval Loan Officer Mortgages 370

Housing Wire

JUNE 3, 2024

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. Michel Moubarak, vice president of growth at Roof AI, told HousingWire.

Technology 468

Technology Sales Pre-approval MLS 468

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. But this is no ordinary mortgage startup. For starters, it does not originate mortgage refinancings.

Lending 476

Lending Pre-approval Mortgages Closing 476

Housing Wire

DECEMBER 7, 2023

While the conservatorship has allowed for the mortgage market to be restored to its pre-crisis state and strengthened these two government-sponsored entities (GSEs), there are significant downsides to maintaining the status quo indefinitely. This has also subjected homeowners and lenders to the whiplash of periodic policy changes.

Pre-approval 545

Pre-approval Mortgages Development Lending 545

Housing Wire

JUNE 22, 2023

Wholesale mortgage lender The Loan Store (TLS) announced on Thursday the roll-out of its new home equity line of credit (HELOC) product, which is currently available in 25 states and Washington, D.C. This approach allows The Loan Store to offer same-day approvals and HELOC funding in as little as three business days after final approval.

Loans 370

Loans Pre-approval Equity Lending 370

Housing Wire

DECEMBER 13, 2024

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination.

Pre-approval 370

Pre-approval Investor Loans Technology 370

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Three independent wholesale brokers discuss how they found success in the wholesale channel during a HousingWire webinar on Thursday titled: ”Taking the Mortgage Boom to the Next Level.”.

Mortgages 370

Mortgages Loan Officer Lending Pre-approval 370

Housing Wire

NOVEMBER 30, 2021

Record-setting mortgage originations coupled with a resurgent private-label securitization market have created an expanding demand for loan underwriters at a time when they are in scarce supply. . A recent report from the Federal Reserve Bank of New York illustrates the explosion of mortgage originations during the past year.

Due diligence 435

Due diligence Mortgages Loans Residential 435

Housing Wire

JUNE 17, 2024

Department of Housing and Urban Development (HUD) announced Monday the availability of $10 million in new grants to be distributed to 23 HUD-approved counseling agencies nationwide, which will help the department boost homeownership rates within historically underserved communities.

Pre-approval 459

Pre-approval Finance Development Design 459

Housing Wire

JUNE 20, 2024

A few weeks later the Mortgage Bankers Association released its Quarterly Mortgage Bankers Performance Report , underscoring my point with some truly grim figures. And employment verification is just one of dozens of mortgage cost centers. Reward good behavior at the individual level. Mandate change from the top down.

Loan Officer 448

Loan Officer Pre-approval Technology Lending 448

Housing Wire

JANUARY 14, 2021

A $12 million funding round will enable digital mortgage marketplace company Own Up to expand nationally, company officials said Wednesday. Own Up, which loosely resembles a mortgage brokerage, will expand to 15 new states in 2021, including California. That’s 23 consecutive weeks with average mortgage rates falling under 3%.

Pre-approval 381

Pre-approval Loans Technology Branding 381

Toronto Realty Blog

FEBRUARY 20, 2025

Case in point: some of these guys had never heard of the “occupancy period” that exists in the world of new condominium development. In order to build a condominium in Ontario, the developer will pre-sell units, that don’t yet exist, and when a certain threshold is met (ie. Like what ? Absolutely not.

Development 80

Development Purchase and sale agreement Pre-approval MLS 80

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. At the end of the day, Pascoe says the process is not all that different than purchasing a home with a conventional mortgage.

VA loan 418

VA loan Agents Pre-approval Debt-to-income ratio 418

Housing Wire

APRIL 4, 2022

The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined. As interest rates rise, so do the monthly mortgage payments, which could be problematic for low-to-moderate income borrowers, said Alex Naumovych, loan officer at Draper & Kramer Mortgage.

FHA loan 370

FHA loan Debt-to-income ratio Pre-approval Loan Officer 370

Housing Wire

JANUARY 27, 2023

After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 418

Lending Loans Pre-approval Loan Officer 418

Housing Wire

FEBRUARY 9, 2022

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” and get a pre-approval for a mortgage from the comfort of your own laptop.

Industrial 418

Industrial Purchase and sale agreement Pre-approval Banks 418

Housing Wire

JUNE 24, 2021

The new features not only answer what someone’s home is worth, it also presents estimates of how much equity the homeowners have, ideas and tips of what they can do with that equity, and how they can get pre-approved to tap into their equity.

Pre-approval 414

Pre-approval Equity Loan Officer Brokerage 414

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area.

Loan Officer 418

Loan Officer Marketing Pre-approval Mortgages 418

Housing Wire

JANUARY 4, 2024

What drew you into the mortgage industry? GB: The whole mortgage tech ecosystem was very different 14 years ago when the company was founded, so there was, understandably, a heavy bias towards build. SW: Is 14 years a long time when it comes to mortgage tech? Sarah Wheeler: You joined loanDepot in 2021 from Capital One.

Technology 450

Technology Loan Officer Pre-approval Loans 450

Housing Wire

SEPTEMBER 17, 2024

Department of Housing and Urban Development (HUD) on Tuesday also will publish a new final rule in the Federal Register to expand accepted communication methods for counseling clients. The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. The Department of U.S.

Pre-approval 448

Pre-approval Principal Design Development 448

Housing Wire

FEBRUARY 14, 2025

Gavin Newsom also signed three ADU-related bills that aim to boost ADU development throughout the state. Only 80 ADUs were approved in Los Angeles in 2016, according to a California ADU reform report. billion in first mortgages,” according to CalHFA. You can almost get them pre-packaged. Last year, California Gov.

Pre-approval 368

Pre-approval Construction Finance Development 368

Housing Wire

SEPTEMBER 27, 2021

That’s why a growing number of lenders are investing time and resources into developing and implementing robust social media compliance policies. Effectively implementing a social media program and training loan officers on the numerous regulations and policies pertinent to mortgage lending is no small task.

Loan Officer 370

Loan Officer Loans Pre-approval Development 370

Marco Santarelli

JANUARY 26, 2025

As we step into the week of January 27 to February 2, 2025, the mortgage rates are predicted to remain stable. Mortgage Predictions for Week of Jan. 2, 2025: Rates Expected to Hold Steady Key Takeaways Mortgage rates are projected to stay steady this upcoming week. Mortgage Predictions for Week of Jan. 27 – Feb.

Mortgages 78

Mortgages Pre-approval Fixed-rate mortgage Loans 78

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. Better wants to sell this platform to other companies, becoming a “mortgage-as-a-service” company or a white-label provider of mortgage tech, Garg said.

Debt-to-income ratio 370

Debt-to-income ratio Technology Mortgages Pre-approval 370

Housing Wire

APRIL 18, 2023

In a cyclical mortgage industry, hedging is key to maintaining a buffer against losses. Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house.

Loan Officer 370

Loan Officer Loans Pre-approval Mortgages 370

Housing Wire

JANUARY 29, 2024

You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. Final Exam: In order to fulfill your approved 120 hours of Utah real estate exam prelicensing education, you must take and pass the course final exam. Ready to launch your real estate career in Utah?

Pre-approval 448

Pre-approval Agents As-is Industrial 448

Housing Wire

FEBRUARY 8, 2022

Goldstone is an executive at a mortgage servicer company trying to reach out to homeowners. “We But we’re having a hard time reaching out to them,” he said during a panel at the annual Residential Mortgage Servicing Rights Forum held in New York City in October. We know who the borrowers are. We service their loans. of the U.S.

Loans 370

Loans Pre-approval Mortgages Principal 370

Housing Wire

FEBRUARY 12, 2024

In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals. If you’re new to real estate, you’ll need to complete a state-approved course and pass your state’s licensing exam.

Pre-approval 435

Pre-approval Design Agents Industrial 435

Housing Wire

DECEMBER 7, 2023

After completing an approved course of study, you’ll be able to sit the state real estate exam. Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices.

HR 435

HR Pre-approval Brokerage Commercial 435

Marco Santarelli

JANUARY 22, 2025

It's a development of a property that was initially purchased by former Manalapan mayor and developer Stewart Satter for $27.5 This problem needs to be addressed through a combination of policy and more housing developments, if the state's housing market is going to be sustainable.

New Construction 98

New Construction Construction Pre-approval Design 98

Toronto Realty Blog

SEPTEMBER 9, 2024

TorontoRealtyBlog I used to describe myself as “anti-developer.” ” Not anti- develompent , but rather anti-developer. I have a long history, both on Toronto Realty Blog, and in practice, complaining about condominium developers in the province of Ontario and how they operate. I still do, to some extent.

Development 105

Development Pre-approval Construction Land 105

Lab Coat Agents

MARCH 10, 2025

This can add hundreds or even thousands of dollars to a buyers monthly payment, making mortgage selection an integral part of the home-buying process for the 90% of Americans who will purchase a home with a mortgage. Moxie Mortgage has access to over 250 wholesale lenders.

As-is 52

As-is Agents Pre-approval Mortgages 52

Housing Wire

APRIL 22, 2024

I’d be happy to email you a copy of their pre-approval letter. House-hacking is a great way to build wealth and pay down your mortgage. Click to copy to clipboard When you’re developing your prospecting plan, incorporate some of these real estate prospecting letter templates to round out your strategy.

Brokerage 467

Brokerage Investor Agents Sales 467

Realty Biz

FEBRUARY 28, 2023

However, mortgage missteps are likely to occur during the home-buying process, whether you are a first-time or veteran homebuyer. Being prepared for some of the most common pitfalls can make it easier to plan ahead and develop a strategy to avoid them. Here are four common mortgage mistakes to avoid when buying a home.

Pre-approval 95

Pre-approval Mortgages Closing costs Loans 95

Inman

JANUARY 14, 2025

Executives and employees of the combined company will continue to serve a nationwide footprint as Go Mortgage, which is hiring retail branch managers and loan originators.

Mortgages 158

Mortgages Loans Pre-approval As-is 158

Marco Santarelli

FEBRUARY 28, 2025

Here's my take on how this might impact buyers and sellers in San Diego: For Buyers: Be Prepared: Get pre-approved for a mortgage, have your finances in order, and be ready to make a competitive offer. This will require a collaborative effort from policymakers, developers, and community members.

Marketing 92

Marketing Pre-approval Land Staging 92

Realtor.com

DECEMBER 20, 2021

This money is crucial to snagging a mortgage and getting that much closer to homeownership. “Then ask each of them how much down payment you’ll need for pre-approval for a mortgage.” Then, after the pre-approval applications are processed, lenders should tell you what programs you’re eligible for.

Pre-approval 137

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