Survey Realtors Want More Lender Support with Borrowers

first_img in Daily Dose, Data, Headlines, News, Origination Lenders Realtors TD Bank 2014-09-05 Ryan Schuette Share September 5, 2014 513 Views center_img Two-thirds of Realtors think lenders could help attract more buyers with better pricing options, according to a recent survey.Working with a public polling firm, New Jersey-based TD Bank released results Thursday from a survey it conducted with more than 150 Realtors around the United States.One in four respondents chalked up buyer reluctance to overpriced properties. By the same token, Realtors estimated that only a fifth of their buyers knew about home loan affordability programs available through lenders.When referring lenders, Realtors seemed to put a premium on certain qualities.Most said they considered closing loans on time the most important quality in a lender and felt it was easier to work with banks focused on helping homebuyers. Two in five said they looked for banks that put buyers ahead of the lending process.More than a third said they stuck with the name of a preferred lender in every real-estate deal.”What we’re hearing from Realtors is that it’s critically important for lenders to work with them to help their customers,” Malcom Hollensteiner, director of retail lending products and services for TD Bank, said in a news release.Along some of the same lines, J.D. Power released a survey last year that found first-time homebuyers expressing less confidence in their knowledge about the lending process than repeat buyers and those who refinanced their loans.The firm reported a seven-year high among customers more familiar with the process.Realtors responding to TD Bank’s own survey said roughly three out of five of their buyers came to them with questions about the lending process in recent sales.Three quarters wanted better communication from lenders with their buyers about the loan process.Hollensteiner called the “right lender” someone that outlines the lending process early and remains “accessible, responsible and transparent” to buyers.”The survey findings reveal that banks need to provide more loan choices designed to meet the needs of today’s borrowers,” he said. Survey: Realtors Want More Lender Support with Borrowerslast_img read more

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling 25 Comments   Share   Former Cardinals kicker Phil Dawson retires ESPN’s Jeremy Fowler reports there is another interview to be expected for Philadelphia Eagles quarterback John DeFilippo.The 2017 season was Wilks’ first as defensive coordinator for Carolina and his aggressive mentality shined through. The Panthers were third in the NFL with sacks, bringing down the quarterback 50 times. They were seventh in total defense.Wilks has been a defensive backs coach in the NFL since 2006, having spent time with the Chicago Bears and San Diego Chargers. Prior, he coached various positions in college at Washington, Notre Dame, Bowling Green, East Tennessee State, Appalachian State, Illinois State and Savannah State.In addition to the Cardinals, Wilks is reportedly having an interview with the Tennessee Titans. Grace expects Greinke trade to have emotional impact The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Carolina Panthers head coach Ron Rivera, left, talks with assistant head coach Steve Wilks, right, as players warm up during the NFL football team’s training camp in Spartanburg, S.C. (AP Photo/Chuck Burton, File) Top Stories Carolina Panthers defensive coordinator Steve Wilks will have a second interview with the Arizona Cardinals, according to the NFL Network’s Ian Rapoport.Wilks reportedly joins Atlanta Falcons special teams coordinator Keith Armstrong as candidates scheduled to have a second interview.A request was reportedly put in for Pittsburgh Steelers offensive line coach Mike Munchak, but he turned it down and withdrew his name from consideration.last_img read more