Items Tagged with 'mortgage lending'


What lenders are missing when it comes to mobile technology

Five reasons why lenders need mobile technology
The majority of homebuyers, especially Millennials, do extensive research online and on their mobile devices before making any purchase — especially for something as large as a home. While many lenders are jumping on the trend to incorporate technology into their customer experience, they are often ignoring the reasons why the technology matters. Here are five reasons why mobile technology should be key to every lender’s strategy.
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Movement Mortgage hires chief commercial officer

Michelle Donnelly to serve as lending company's first CCO
“What drew me to Movement was the amazing culture that has been created here,” Donnelly said. “I look around and see an entrepreneurial and innovative spirit in teams of people working for something bigger than just themselves.”
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Caliber Home Loans acquiring Banc Home Loans

Nonbank buying mortgage lending operation of Banc of California
For the second time in less than a year, Caliber Home Loans, an Irving, Texas-based residential mortgage origination and servicing company, is acquiring a regional residential mortgage lender that focuses on the Western part of the country. On Wednesday, Caliber announced plans to acquire Banc Home Loans, the mortgage banking division of Banc of California.
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From HW Magazine

The importance of recruiting new loan officers for today and the future

New energy and excitement has its advantages
Our industry is at a pivotal point as today’s average loan officer reaches their 50s. In the next decade, approximately 200,000 of these professionals will enter retirement, leaving a massive hole in the market if the next generation does not start stepping into their shoes. As mortgage professionals, we must collectively prioritize finding brand new originators if we want our industry to prosper over the years to come.
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From HW Magazine

Paving the way to timely tax payments

Cooperation among tax service vendors, lenders and tax collectors eliminates pitfalls
Ensuring proper transactions related to the payment of real estate taxes is critical. For this to happen, all parties (lenders, tax service vendors and tax collectors) must work together to ensure information is accurate, mitigate payment issues and establish an overall smooth tax cycle process.
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From HW Magazine

Three tech trends that will transform mortgage lending

And what your company should do to get ready
Mortgage banks have traditionally been slow to embrace new technologies, and while the technology that has improved efficiency, security and customer experience in a multitude of other industries (transportation, education and retail, to name a few) is finding its way into the loan production process, a lot of opportunity still exists in other stages of the mortgage life cycle.
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Embrace Home Loans expands into Texas

Opens new office in Dallas suburb of Frisco
Recent reports from the Texas Association of Realtors and Fitch Ratings call out how hot Texas real estate right now, as more homes were sold last year than ever before. Seeking to strike while the iron is hot, Embrace Home Loans announced this week that it is expanding into Texas and opening its first office in the state.
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Nationstar officially begins transition to Mr. Cooper

Communication sent to customers, re-launched
When HousingWire sat down late last year with Nationstar Mortgage CEO Jay Bray to discuss the company's transformation into Mr. Cooper, Bray said the rebrand is much more than just a new name for the company. Now, it appears that the transition is officially underway, as some of Nationstar’s customers recently began receiving letters notifying them that the company plans to rebrand as Mr. Cooper "later this year."
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