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Single family homes on the market. Updated weekly.Powered by Altos Research
735,718-296
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
6.94%0.01
Awards

HW 2019 Insider: Michael Hitt

Senior Vice President of Insurance Operations, Arch Mortgage Insurance

As senior vice president of insurance operations, Michael Hitt plays a vital role in establishing Arch MI as the industry leader in delivering world-class customer service.

F2At the head of a 300-person team made up of several departments, Hitt has been pivotal in improving customer response times and enhancing the customer experience as the company processed more than 250,000 applications for mortgage insurance over the past year. In 2018, he oversaw the development and launch of ASK Arch MI, which provides answers to lenders’ complex mortgage insurance underwriting questions in one hour or less. Hitt has 22 years of experience in all phases of the mortgage process, having held key roles in business analytics, finance, customer service and operations. One of Hitt’s mottos is, “you can’t do it by yourself,” and he emphasizes the importance of trust within a team to ensure they work in unison to produce better products and more focused customer service.

“You have to realize success can’t all come from you. To get the best solution, draw upon your team’s expertise and listen to a diversity of thought.”

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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