Most banks and lenders are still racing to figure out how to optimally provide a mortgage experience from application all the way to funding with as little human intervention as possible. With emerging alternative lenders aggressively entering the market, traditional banks and lenders are looking to the digital mortgage as a competitive advantage. While originators […]
Topics include: Research from a leading analytics firm on the value that updated credit scoring models will add to the mortgage market; Economic and competitive issues in the credit scoring market as detailed by an industry economist; and Legal and regulatory matters to consider as outlined by a former state banking commissioner. Publisher: Progressive Policy […]
In the mortgage process, the customer experience is most impacted by the many lending documents a borrower must sign and deliver before closing. From the initial application to disclosures to closing, making documents clear, accurate and easy to access can make the difference between a frustrated customer and raving fan. The right document solution can optimize […]
The Loan Origination System (LOS) has long been a fixture in mortgage lending organizations. Not only is it a place to perform many of the key tasks to complete a mortgage, it is often the system of record. Enter the recent explosion of fintech companies focused on the mortgage industry. How will LOSs respond to these new […]
Ensure your organization is prepared to discuss the upcoming changes. Hear from a panel of industry experts from Ellie Mae and Akerman LLP as they address the top questions and considerations about the upcoming HMDA reporting requirements. Compliance has never mattered more and will remain a top concern for mortgage lenders. Validate your plans for […]
Mortgage lending involves the creation of such a complex financial instrument that no single party can complete the work alone. It takes a team of partners to originate, service and ultimately release mortgage liens. Making sure that every party in the value chain is meeting the highest possible standards for performance requires financial services companies […]
New technologies developed in the wake of the financial crisis have made it possible for buyers and sellers to connect much earlier in the disposition pipeline, improving the overall process. Additionally, technology is enabling sellers to operate more efficiently at lower costs, moving distressed properties back into the market before blight can settle into communities. […]
Mortgage originations dropped sharply in the first half of 2017. XDOC has written this guide to help mortgage lenders attract more customers and streamline every step of the loan process from application to closing. Publisher: XDOC Date: November 2017 Fill out the form below and receive the white paper in your inbox.
The mortgage industry is a target of cyber-attacks from adversaries that can range from hacktivitsts, to organized criminals, to nation-states. Lenders need adaptive, rapidly evolving and comprehensive security solutions in order to protect themselves from these emerging threats. This white paper provides a framework for a sound mortgage cybersecurity program. Publisher: Ellie Mae Date: November 2017 […]
XDOC has written this guide to help mortgage lenders better understand cybersecurity, and the risks that exist in today’s rapidly evolving landscape. It covers the cost of data breaches to the financial services industry and identifies potential threats lenders should look out for. Learn strategies and tactics to prevent breaches no matter the size of […]
Let’s face it – when it comes to real estate transactions, borrowers want their money ASAP – and going to an office to sign documents is seen as an inconvenience. With online notarization, this problem may be solved. Today, online notarization is only allowed and insurable in a limited number of states where the law […]
Rising interest rates have a profound impact on the affordability of housing. What can lenders do to encourage more first-time homebuyers even as lending costs seem poised to increase? It’s clear that interest rates will frustrate some potential buyers, but lenders can spur action by countering widely held misconceptions about the amount of savings needed […]
Providing a stress-free mortgage experience to your borrowers is ideally high on your priority list. Satisfied customers help build your brand, drive referrals, and just as importantly, make you happier in your work. What’s more, poor discipline around communication steals your productivity. All those inbound emails, voicemails and texts are traps on your time. In […]
Loan officers don’t have it easy, but with these seven tech tools you’ll be a master of efficiency. If you are like most originators, you are spending an inordinate amount of time juggling your client communications, deadlines, and borrower documents all while ensuring privacy and compliance at every turn. Maxwell asked top producers to share […]
As mortgage lenders turn to Loan Origination Systems to automate every phase of the loan origination lifecycle, vetting and selecting LOS vendors has become an important task for CIOs. In this white paper Ellie Mae distills the wisdom from a panel of top IT executives into the six most important requirements for selecting an LOS […]