How to Thrive in a Compressed Margin Market

How can mortgage lenders grow their business in a low-volume environment where buyers still expect Amazon-like service? Find out in this white paper from SimpleNexus, which outlines how to partner with Realtors and builders to build referral pipelines, how to empower LOs to be more efficient — and happy — and how to deliver a […]

Quantarium Residential Valuation Model Technical Overview

Quantarium is an Artificial Intelligence software company founded by a team of veteran computer scientists who developed a suite of advanced online software services, including an automated, commercial-grade residential valuation service. The Quantarium AVM (QVM) is built on a novel set of disruptive technologies that combine “big data” with complex modeling and optimization techniques. At […]

Affordable Debit Card Payments for Borrowers

To meet consumer demands, mortgage servicers are evaluating omnichannel payment solutions that put borrowers in the driver’s seat. Because they spend years working with borrowers as they pay out their loans, servicers understand the benefits offered by omnichannel solutions, but are wary of the risks of opening self-service payment options to their customers, specifically, card […]

Challenges of Loan Origination

With the increased scrutiny around the preparation of the Loan Estimate, lenders must increase the quality and consistency of the processes used to calculate the projected tax amounts listed in the documentation provided to the borrower. Although the current RESPA-TILA regulation calls for lenders to use reliable sources and methods to determine accurate tax amounts, […]

Going Beyond Data: What Lenders Should Expect From Data Analytics

Without a doubt, competition is fierce in the current market. Lenders are looking for efficiencies in every area, but in addition to reducing overhead and costs, mortgage companies who hope to stay ahead must use business analytics to become smarter and more strategic. The ability to glean critical insights from business intelligence is far greater […]

Lending: Reduce the Risk of Fraud Through Digital Asset Verification

Fraud in mortgage lending has reached its highest level since the Recession and is increasing by 12.4% year over year. Currently, the misrepresentation of income on mortgage applications is plaguing the housing market, up by 22.1% in the second quarter of 2018. This particular type of fraud costs lenders millions and adds to the due […]

The Next Mortgage Innovation: Software That Can Think

In a shrinking market with rising interest rates, the fate of companies is largely being decided by their ability to make things easier, faster and better for their borrowers. In this arms race, companies are turning to digital solutions to maximize employee productivity and save human interaction for when it matters most. Find out how […]

A Case Study for Mortgage Automation

A Case Study for Mortgage Automation

See how Home Point Financial and Capsilon teamed up to improve operational efficiency and cut purchase review time by 33%. Mortgage companies are under increasing pressure to deliver better experiences for borrowers, employees and third party originators at a time when margins are at their lowest point in years. Companies who want to compete need […]

Home Point Financial Cuts Purchase Review Time by 33%

Companies in mortgage are under increasing pressure to deliver better experiences for borrowers, employees and third-party originators at a time when margins are at their lowest point in years. Those who want to compete need to adopt new technologies that can drive significant business transformation. See how Home Point Financial is innovating and building their […]

Are Properties Ever Unsuitable for an AVM?

What happens when a property is deemed unsuitable for AVM use? The second in a series, this white paper takes a look at properties that were deemed unsuitable for AVM use by VeroPRECISION, a superior new alternative to the traditional AVM cascade approach for equity lenders. During the analysis, Veros employed its VeroPRECISION decision engine […]

How to Build the Modern Mortgage

How to Build the Modern Mortgage

Digital transformation is making it faster and easier to do business across every industry, and mortgage is no different. However, mortgages are complex, heavily regulated, and involve a lot of people — making the move to digital more challenging. For most lenders, identifying the first steps in improving their closing process is confusing. Between vendors, […]

What Lenders Can Do Right Now To Reduce Record High Loan Costs

The mortgage industry has made great strides toward the ultimate goal of creating seamless digital mortgages. Yet today’s mortgage market remains highly segmented, inefficient and costly. In fact, it has never been more expensive to originate or service mortgage loans. Fortunately, there are ways to cut down costs right now. Publisher: WFG National Title Insurance […]

Evaluating New Mortgage Tech? Consider these Compliance Implications

Evaluating New Mortgage Tech? Consider these Compliance Implications

Lenders are able to leverage more technology than ever before. But what compliance implications should they be considering when evaluating new industry tech? What new challenges must be addressed when implementing technology to ensure compliance standards are met? How are applicant data and the application workflow handled differently in a virtual world versus a traditional […]

Did you sell off yourself along with your loans

Did you sell off yourself along with your loans?

As a lender, you’ve spent a lot of time and money winning your customers’ business. And that’s worth a lot more than a quick sale. We know you need to get loans off your books, but who you choose to sell those loans to can be the difference between making a quick buck or a […]