What to expect at HousingWire’s Spring Summit

The focus of the Summit is The Year-Round Purchase Market. Record low rates led to a banner year for mortgage lenders in 2020, and this year is expected to be just as incredible.

Increasing lending and servicing capacity – regardless of rates

Business process outsourcing and digital transformation are proven solutions that more companies in the mortgage industry are turning to. Download this white paper for more.

HousingWire's 2021 Spring Summit

We’ve gathered four of the top housing economists to speak at our virtual summit, a new event designed for HW+ members that’s focused on The Year-Round Purchase Market.

An Honest Conversation on minority homeownership

In this episode, Lloyd interviews a senior research associate in the Housing Finance Policy Center at the Urban Institute about the history and data behind minority homeownership.

Mortgage

2017 HW Vanguard: Franklin Codel

Senior EVP, Consumer Lending at Wells Fargo

Under the leadership of Franklin Codel, Wells Fargo Home Lending is on pace to finish 2017 as the nation’s leading originator and servicer of mortgages for the 10th consecutive year. codel

Codel took over the company’s home lending operations in 2015, and in 2016 he was named head of consumer lending. Codel is also currently a member of the Wells Fargo Operating Committee.

Today, Codel oversees a team of 45,000 consumer lending professionals that serves 14 million households by helping customers with their borrowing needs, from major purchases to achieving and sustaining homeownership. 

On the home-lending side, the company funded $244 billion in mortgage and home equity loans in 2016, representing a 12% market share, and currently services $1.5 trillion in residential mortgage loans.

In 2017, the company made great strides in advancing its digital mortgage offerings and is well positioned to earn its customers future business through exciting capabilities that will deliver a simple and intuitive mortgage application experience.  

In servicing, Wells Fargo invested in streamlining and optimizing decision engines and upgrading platforms to increase loan servicing capacity and allowed for the company’s acquisition of a 230,000 loan portfolio from Seneca Mortgage.

“Every day we help people achieve their dreams of succeeding financially through homeownership,” said Codel. “We firmly believe that sustainable homeownership is America’s solution to wealth building and economic equality.”

What is one thing you cannot do without?

“Feedback and input from our customers and our team. Every decision we make as a leadership team is viewed through the lens of its impact on our customers, team and the communities we serve; the insight we gain from their feedback is invaluable.”

 

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