On the heels of going public, Rocket Companies’ broker channel, Quicken Loans Mortgage Services (QLMS), made waves throughout the industry when it announced it would be rebranding to Rocket Pro TPO in an effort to closer align itself with the
Las Vegas Real Estate Market Overview 2020
The Las Vegas housing market is booming amid the pandemic which has impacted the whole world. Even during these tough times, the Las Vegas properties are selling at record prices and rental homes continue to be in demand. It is
NAR launches Spanish language version of website
In time for National Hispanic Heritage Month, the National Association of Realtors has launched ‘NAR en Español,’ a Spanish language subsite to the association’s main webpage. According to NAR, its Spanish-speaking membership continues to grow at a historic pace. Since
StreamLoan expands into insurtech with Progressive deal
This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Register for the FinLedger Daily Newsletter. Fintech startup StreamLoan is dipping its toe in the insurtech
HousingWire Annual Virtual Demo Day: focusIT
Pulse CRM We supercharge your loan origination system and provide lead management tools, automated email marketing, loan status alerts and intelligent task management — so you don’t have to. Product Fast Facts: #1 We have automated status alert emails and
Local Intel: Housing news across U.S. communities
Houston, Texas (Katy) “Even through the pandemic, home sales have been at record levels here,” said Andi Bolin, the Texas state manager for Knight Barry Title, which just opened its office over the summer. As a new player in the
How did Wells Fargo and Bank of America’s mortgage businesses perform in the third quarter?
Though its earnings were disappointing overall, residential lending at Wells Fargo rebounded in the third quarter, both in terms of income and origination volume. The bank originated $62 billion in home loans during the third quarter, up 5% from $59
HousingWire Annual Virtual Demo Day: Wipro Gallagher Solutions
NetOxygen Launchpad (POS) and NetOxygen Loan Origination Solution (LOS) NetOxygen Launchpad is a borrower/banker portal. Using NetOxygen Launchpad, borrowers are actively engaged in the origination process, while lenders can achieve significant productivity gains. NetOxygen LOS enables lenders to streamline the
HousingWire Annual Virtual Demo Day: Xome
InspexTM by Xome Inspex is a new, DIY home inspection and valuations app that empowers lenders to provide their customers with a simple, contactless option. Not just a photo-collection tool, Inspex significantly reduces inspection wait times by as much as
HousingWire Annual Virtual Demo Day: WFG Lender Services
MyHome WFG’s MyHome collaboration platform brings participants in the mortgage transaction together within a single, easy-to-use ecosystem, enhancing communication, transparency and the borrower experience. MyHome streamlines the loan process and enhances throughput by eliminating duplicate touchpoints, enabling pro-active communication, and
HousingWire Virtual Demo Day: Sales Boomerang
Prescriptive Scenarios Prescriptive Scenarios enable loan officers to connect a borrower with the right type of loan at the right time based on the borrower’s needs and qualifications. It levels the playing field between your low performers and your top
HousingWire Annual Virtual Demo Day: Freddie Mac
Automated collateral evaluation (ACE) Automated collateral evaluation (ACE) leverages proprietary models along with historical data and public records to allow lenders to originate certain loans without an appraisal. It’s a contactless option that helps Freddie Mac effectively manage collateral risk
Fun Halloween Home Decor
We all know first impressions and staging a home go hand-in-hand … however, Halloween can bring out the silliness in all of us!Still have that blow-up kiddie pool handy? Stick a “mummy” or “skeleton” sitting in it & place in your front yard. Fill it with leaves, pumpkins, candy, juice boxes … use your imagination!Do […]
The post Fun Halloween Home Decor appeared first on Signature Real Estate Services.
Plaza Home Mortgage reinstates support of AIME after Anthony Casa steps down
Plaza Home Mortgage announced it will reinstate its support of the Association of Independent Mortgage Experts after the announcement last week that former AIME chairman Anthony Casa would be permanently stepping down as head of the association. Over the July
Mortgage applications see slight decline despite 3% mortgage rate
Mortgage applications held relatively steady last week, falling 0.7% from the week prior, according to a report from the Mortgage Bankers Association. After hitting their highest level since mid-August the week before, refinances experienced a slight 0.3% dip but remained 44%
Ahead of its big IPO, United Wholesale Mortgage reports record volume and margins
Just one quarter away from its expected public debut, United Wholesale Mortgage reported record loan volume in the third quarter. The Detroit-based company, the largest wholesale lender in the U.S., originated $54.2 billion in closed loans during the third quarter,
How not to fear change — at least when it comes to subservicing
In June 2007, Apple shook the world to its cellular core when it released the first-generation iPhone. Over the course of the last decade-plus, the seminal smartphone would wipe out its competitors — but not without some resistance. Many of
Blackstone-owned lender and servicer Finance of America to go public
End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. The lender and servicer, owned by the Blackstone Group’s Tactical Opportunities business, is slated to go public in
Luxury home sales rise 41.5%, making biggest jump since 2013
In the largest increase since 2013, luxury home sales rose 41.5% in the third quarter, according to a new report from Redfin. While sales in this segment of the housing market have skyrocketed, the sales of medium-priced homes went up
JPMorgan Chase’s mortgage business getting back to normal
JPMorgan Chase doesn’t see mortgage defaults worsening in the second half of 2020. In its earnings presentation on Tuesday, the nation’s largest bank by assets said it had actually pared back its $15 billion in loan-loss reserves by $569 million
Offerpad partners with Aires to streamline relocation process
On Monday Offerpad announced its partnership with global and domestic relocation solutions and mobility program management organization Aires, providing “multiple real estate solutions to consumers relocating for business.” “The Aires and Offerpad partnership has a committed focus to provide innovative
What will mortgage regulation and enforcement look like in 2021?
As the election creeps ever closer, there are plenty of forecasts about how it could impact housing. HousingWire has reported on both the fate of the GSEs and the nation’s economic outlook as a red vs blue battle stirs in
Snapdocs raises $60 million to scale up its digital closing business
The COVID-19 pandemic helped accelerate the mortgage industry’s digital transformation by years, and proptech firms such as Snapdocs have capitalized on the opportunity. The company just raised $60 million in a Series C funding as the digital mortgage space bursts
Lingering challenges servicers are still facing as a result of COVID-19
Some sectors of the housing industry have begun adjusting to the new normal brought on by COVID-19; however, servicers continue to face a number of lingering challenges related to the CARES Act and increasing forbearance numbers. Under the CARES Act,
