The key to winning purchase business in 2022 remains as it was last year, the year before that, and the year before that – building and maintaining relationships with real estate agents.
March 16, 2022
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The key to winning purchase business in 2022 remains the same as ever – establishing and maintaining relationships with real estate agents. But in the most competitive purchase market in years, LOs will have to scrap, leverage social media, get real good at a few things, and add a personal touch.
If the ruling stands, securitizations backed by financially weaker or less-experienced servicers or deals involving loans to the riskiest borrowers will be more heavily scrutinized by the CFPB or state AGs.
For too long, a reverse mortgage has been seen as a last resort for people in desperate straits. At Reverse Mortgage Funding LLC, we know that when used thoughtfully, it can be a sophisticated part of a financial plan. That's why we're working to change the way people think about reverse mortgages.
Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. Learn about the tools lenders should leverage to streamline home equity title and closing.
The average lender overlooks 1 in 3 signals that a past borrower is ready for a new loan — and retains just 18% of those customers as a result. Learn how your peers turned those numbers around to achieve customer retention rates averaging 59%. Crack the code!
Knock, which makes cash offers on behalf of prospective homebuyers, announced Tuesday that it is laying off 46% of its workforce. It also announced a $220 million capital raise.
Acra Lending provides adaptable programs to meet the needs of your customers. Programs like our Investor Cash Flow, Bank Statements, and Foreign National are just a few of our top choices for helping your borrowers qualify for a loan. For details, visit acralending.com
NAHREP CEO Gary Acosta shares his views on the most pressing housing policy questions affecting Latinos, including issues before the FHFA and the GSEs, and the Federal Housing Administration.
DocVu.AI brings together AI tech and mortgage expertise to document processing. DocVu.AI increases efficiency and enhances the accuracy of document processing to 99.5%, improving your compliance and scalability with the same resources. Read more!
Answering top questions from HW+ members, Lead Analyst Logan Mohtashami shares the inside scoop on where rates are headed, where housing inventory stands and more.
If you've ever been interested in learning more about reverse mortgages and how they may be able to become folded into your existing mortgage business, register to join the experts on March 23rd to learn how. Register today!
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