Originating

Originating (1369)

Ask the Management Expert: Hershman's Quick Steps to Assess Job Candidates

By Dave Hershman Question: It has become increasing difficult to fill LO positions with experienced hires who easily acclimate themselves into the office. I am thinking about bringing new people into the industry and going after those who are not as experienced as well, but I don’t know how to assess them. Do you have… Read more...

The Week’s Market Insights with Bill Bodnar and the Mortgage Market Guide

Bill Bodnar discussed the mortgage market, significant economic indicators and more. For his insightful analysis, please tune in to the video. Read more...

This Week In the Markets with Bill Bodnar from the Mortgage Market Guide

https://youtu.be/5Ivnu4HGx0s Bill Bodnar of The Mortgage Guide discusses the factors that will effect real estate finance over the next week. Read more...

Number of Homes Flipped Fell 4%: Attom Data

The number of homes that were flipped in 2018 fell 4 percent, compared with the previous year. Fully 207,957 U.S. single family homes and condos were flipped in 2018, compared with 216,537 in 2017, according to the “Year-End 2018 U.S. Home Flipping Report” from Attom Data Solutions. The 207,957 homes flipped in 2018 represented 5.6… Read more...

NewRez Offers Originators Social Media, Content Training

National mortgage lender, NewRez is offering loan originators an innovative social media training program. The aim is to deliver leadership and social media training that helps loan officers understand how to better connect with clients in a digital world—and in the process gain a competitive advantage. New Rez has retained Cultural Outreach to train originators… Read more...

NAR: Pending Home Sales Rise 4.6% in January

Pending home sales rebounded strongly in January, according to the National Association of Realtors. All four major regions saw growth last month, with the largest increase occurring in the South. The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 4.6 percent to 103.2 in January, up from 98.7 in December. Year-over-year… Read more...

Cottonwood Title Inks Deal to Protect Wire Transactions

Cottonwood Title Insurance Agency Inc., one of the largest independent title agencies in Utah, has inked a deal for SafeWire, a platform designed to protect the wire transactions facilitated by agents in North-Central Utah. SafeChain, which specializes in wire-fraud prevention software and blockchain implementation for the land title industry, developed SafeWire. “At Cottonwood Title, we… Read more...

Angel Oak Expands into Fix and Flip Financing

Angel Oak Prime Bridge LLC has expanded its wholesale options for mortgage brokers looking to expand offerings to clients that want fix and flip home financing. The outlook for the fix-and-flip market shows an incredible opportunity for growth in the years to come. The aim is for brokers to have streamlined access to innovative solutions… Read more...

In an AI World Originators' Roles Will Focus on Creating Loan Demand

By Pat Sherlock I believe that in the not-too-distant future, artificial intelligence technology will be integral to the operational side of the business and will usurp functions that originators have traditionally performed. No longer will originators determine product slotting for their customers. Computers can do that better and faster. Just think how fast Big Blue's… Read more...

Expanding Your 'Sphere' Means More Business

By Dave Hershman Last time, we started the process of defining and identifying one's "sphere." We noted that the sphere should be the basis of a personal marketing plan, and therefore, it is imperative that we have a true understanding of the scope of one's sphere. Now we will describe four additional parts of your… Read more...

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