Mortgage broker

Pineapple Financial Inc. Introduces Intuitive Mortgage Document Management, Doc Genius, for PineappleONE

Retrieved on: 
Thursday, April 11, 2024
PAPL, Collection, Intelligence, Automation, Mortgage broker, Broker, Real estate

"Doc Genius unlocks game-changing efficiency by automatically selecting the right conditions and lender requirements, saving time for Mortgage Brokers and clients," said Kendall Marin, Pineapple President and COO.

Key Points: 
  • "Doc Genius unlocks game-changing efficiency by automatically selecting the right conditions and lender requirements, saving time for Mortgage Brokers and clients," said Kendall Marin, Pineapple President and COO.
  • Doc Genius serves as a comprehensive solution, offering guidance to Pineapple brokers and clients to generate the necessary documents to fulfill mortgage requirements while ensuring compliance.
  • Pineapple CEO Shubha Dasgupta stated, "As of today, Doc Genius has streamlined the document collection process, delivering a sweeter mortgage experience for brokers and their clients.
  • Soon, Doc Genius will incorporate artificial intelligence to recognize document types and add more automation to PineappleONE."

The National Association of Mortgage Brokers and LendingPad Renew Industry Partnership

Retrieved on: 
Monday, April 8, 2024
Partnership, Education, National Association, Organization, Social media, Survivor, Mortgage broker

WASHINGTON, April 8, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the only membership-led and volunteer-driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to announce it has renewed its industry partnership with LendingPad, the leading web-based, end-to-end innovative LOS for residential mortgage lending.

Key Points: 
  • The two organizations resume dedicated relationship, which began in 2018
    WASHINGTON, April 8, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers ( NAMB ), the only membership-led and volunteer-driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to announce it has renewed its industry partnership with LendingPad , the leading web-based, end-to-end innovative LOS for residential mortgage lending.
  • Within the scope of the continued industry partnership, NAMB and LendingPad will continue to work together to promote each organization's impact on the mortgage industry through many initiatives, including speaking engagements, sponsored certification classes, trade show participation, webinars, and social media content development.
  • "Today is a great day for NAMB, its members, and the entire mortgage landscape, as we celebrate one of our organization's longest-standing industry partners, LendingPad, with whom we've been working to improve the mortgage industry since 2018," said Valerie Saunders, NAMB Volunteer-President.
  • The NAMB and LendingPad partnership focuses on brokers planning to scale."

The National Association of Mortgage Brokers Hosts 33rd Annual Legislative & Regulatory Conference

Retrieved on: 
Tuesday, March 26, 2024
Second Continental Congress, Congress, Conference, FHFA, UnidosUS, National Housing Conference, National Association, Capitol, Freddie Mac, Mortgage broker, HUD, Real estate

WASHINGTON, March 26, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the first and only membership-led and volunteer-driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to invite its members and all mortgage professionals to attend its 33rd annual Legislative & Regulatory Conference in Washington D.C. April 15-17, 2024.

Key Points: 
  • Only volunteer-driven, national organization representing mortgage brokers to host members of the U.S. Congress, FHFA, HUD and additional national thought leaders
    WASHINGTON, March 26, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers ( NAMB ), the first and only membership-led and volunteer-driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to invite its members and all mortgage professionals to attend its 33rd annual Legislative & Regulatory Conference in Washington D.C. April 15-17, 2024.
  • "One of the many ways NAMB has delivered value to its members and the marketplace for 50 years is through its critical legislative & regulatory efforts.
  • To register for NAMB's Legislative & Regulatory Conference, please follow this link .
  • Conference attendees will hear directly from many lawmakers and regulatory leaders during the event including:

The National Association of Mortgage Brokers Announces Technology Partnership with ARIVE

Retrieved on: 
Monday, March 25, 2024
POS, Partnership, Knowledge, Social media, LOS, National Association, Mortgage broker, PPE, Real estate

WASHINGTON, March 25, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the first and only membership led and volunteer driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to announce a new technology partnership with ARIVE, the preeminent technology solution that offers the marketplace the most complete origination platform for independent mortgage brokers.

Key Points: 
  • WASHINGTON, March 25, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers ( NAMB ), the first and only membership led and volunteer driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to announce a new technology partnership with ARIVE , the preeminent technology solution that offers the marketplace the most complete origination platform for independent mortgage brokers.
  • Within the scope of the newly formed technology partnership NAMB and ARIVE will work together to promote each other's impact on the mortgage industry through speaking engagements, trade show participations, webinars and social media activities.
  • "NAMB is thrilled to announce this exciting technology partnership with ARIVE, a truly innovative company that offers the best all-in-one loan origination platform in the market.
  • We thank ARIVE for supporting NAMB's members and mission as the only national advocacy nonprofit group working to improve the interests of each mortgage professional," said Valerie Saunders, NAMB President.

Loan Processing Powerhouse wemlo® Celebrates a Year of Record Growth, Expands Service Offerings with Addition of Five New Supported Lenders

Retrieved on: 
Tuesday, February 27, 2024
Acquisition, National Association, Union Home Mortgage, ITIN, Construction, Bank, News, Growth, Mortgage broker, BOCA, NexBank, Second mortgage, Convention (norm), FHA, Gold, DSCR, Chinese, USDA, Water, Real estate

BOCA RATON, Fla., Feb. 27, 2024 /PRNewswire/ -- Coming off a record year of growth, wemlo® is making waves in the mortgage industry by providing brokers with a flexible, effective option for third-party loan processing. Since the company's acquisition in 2020, wemlo has helped hundreds of brokers across the United States increase productivity, manage bigger pipelines, and grow their businesses.

Key Points: 
  • Furthermore, the wemlo processing team averaged 20 business days to get a loan from submission to closing, blowing the industry average of 49 days* out of the water.
  • "We strive to offer unparalleled service with industry-leading offerings to help our customers get effective results, fast.
  • That's why we've continued to grow our processing support and expand our service offerings to keep up with the evolving needs of the broker channel."
  • To further expand its service offerings this year, wemlo added five new supported lenders to its roster including Windsor Mortgage, Loan Simple Wholesale, NexBank, Union Home Mortgage, and GMFS Partners.

Westboro Mortgage Investment Fund Announces Bonus Distribution to Unitholders

Retrieved on: 
Monday, January 22, 2024
Environment, Calendar, Mortgage broker, ROI, Life insurance

OTTAWA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Westboro Mortgage Investment Fund has paid a bonus distribution of approximately 59bps per eligible Class F unit.

Key Points: 
  • OTTAWA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Westboro Mortgage Investment Fund has paid a bonus distribution of approximately 59bps per eligible Class F unit.
  • The distribution amount paid to an individual investor will be based on the amount and duration of their Westboro investment in 2023.
  • The bonus distribution equals the excess income earned by the fund for the fiscal year ended December 31, 2023.
  • A special thank you to the Mortgage Brokers who have qualified for our Private Members Club and to our staff, who are truly best in class,” said Nick Christopoulos, CEO of Westboro Mortgage Investment Fund.

NAMB Applauds Congressional Lawmakers for the Homebuyers Privacy Protection Act (S.3502), Designed to End the Use of Trigger Leads

Retrieved on: 
Friday, December 15, 2023
Trigger, Mortgage broker, Representative, House, Senate, National Association, Social media, Undue hardship, Congress, Senator Reed, Knowledge, Dan Sullivan (U.S. senator), Human, Legislation, Education, Real estate

WASHINGTON, Dec. 14, 2023 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers for the past 50-years announces its support of Senator Bill Hagerty and Senator Jack Reed's recently introduced trigger leads legislation; the Homebuyers' Privacy Protection Act (S.3502) in the U.S. Senate.

Key Points: 
  • The Homebuyers' Privacy Protection Act (S.3502) would end the dangerous practice of trigger leads which hurts consumers and damages the overall mortgage marketplace.
  • Trigger leads occur when a consumer applies for a mortgage, and the inquiry to credit by the lender is a trigger that notifies the credit bureau that the consumer is interested in applying for financing.
  • Trigger leads are then sold by the credit bureaus to data brokers (including other lenders) without the consumer's knowledge or approval.
  • Consumers are then often bombarded with hundreds of calls that confuse consumers and seek to lure them away from their chosen lenders.

NO RESPECT? RYAN REYNOLDS, POLITICIANS AND BITCOIN MILLIONAIRES BEAT MORTGAGE BROKERS FOR GIVING TRUSTED ADVICE

Retrieved on: 
Monday, December 4, 2023
Bitcoin, Broker, NOT, White, Mortgage broker, Real estate, Football, Bank, Estate agent, Friends, Adviser, REMIC, Parent, Family, Quality of life, Certification, Wolverine, Financial adviser

New research strongly suggests that the fees, services, qualifications and even intentions of Mortgage Brokers are (mostly) misunderstood by Canadians.

Key Points: 
  • New research strongly suggests that the fees, services, qualifications and even intentions of Mortgage Brokers are (mostly) misunderstood by Canadians.
  • To take a snapshot of how Canadians truly regard mortgage brokers, The Real Estate and Mortgage Institute of Canada ( REMIC ), conducted an online survey of 1000 random Canadians.
  • Bitcoin Millionaires over Brokers: Canadians don't covet Mortgage Broker advice:
    Asked to rank who they would most like to take advice from, Canadians chose (1) parents, (2) Banks, (3) Financial Advisors, (4) Ryan Reynolds, (5) Politicians, (6) Bitcoin Millionaires, (7) Financial influencers, and (8) Real Estate Agents before (9) Mortgage Brokers.
  • Massively Misunderstood: Canadians don't actually understand how Mortgage Brokers work:
    A combined 54.9% of Canadians mistakenly believe that Mortgage Brokers are paid by the homeowner (45.10%), or realtor (9.80%).

ProMortgage Announces Opening of Sonoma County Office, Addition of Three Seasoned Mortgage Professionals

Retrieved on: 
Thursday, November 30, 2023
SAN, Bank, PNC Financial Services, U.S. Bancorp, Bridge, Multimedia, Flagstar Bank, Mortgage Professionals Canada, Mortgage broker, Growth, Bank of America, Flagstar, News, Annie Mac, Real estate

Updated products offerings by ProMortgage include Reverse Mortgages, Home Equity Lines of Credit (HELOCs) as well as Bridge Financing and Private Money Lending.

Key Points: 
  • Updated products offerings by ProMortgage include Reverse Mortgages, Home Equity Lines of Credit (HELOCs) as well as Bridge Financing and Private Money Lending.
  • In addition to compelling new products, ProMortgage is proud to share news of our expansion into Sonoma County and the continued growth of our team of mortgage professionals.
  • Sonoma County Office: San Rafael-based ProMortgage is excited to announce its expansion into Sonoma County with brand new offices located at Waterfall Towers in Santa Rosa.
  • The company's presence in Sonoma County aligns with their stated goal to establish a physical location in every Bay Area County by the end of 2024.

The National Association of Mortgage Brokers Announces Its Inaugural Corporate Board of Governors

Retrieved on: 
Monday, November 27, 2023
Policy, Senior, American Freedom Mortgage, Mortgage broker, PennyMac Financial Services, National Association, Social media, Conference, Human, Education, Real estate, Management

WASHINGTON, Nov. 27, 2023 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers for the past 50-years, is delighted to announce its inaugural corporate board of governors.

Key Points: 
  • WASHINGTON, Nov. 27, 2023 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers ( NAMB ), the voice of the mortgage industry representing the interests of mortgage professionals and home buyers for the past 50-years, is delighted to announce its inaugural corporate board of governors.
  • The members of NAMB's inaugural corporate board of governors will have many duties including:
    Advise NAMB on opportunities regarding national and state outreach programs.
  • "I am truly grateful for the privilege of representing Windsor Mortgage on NAMB's inaugural corporate board of governors," shared Chris Vinson, CEO of Windsor Mortgage.
  • The National Association of Mortgage Brokers has been the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973.