Cloud-based platform provider Ellie Mae has unveiled its newest insight solution for lender efficiency and innovation.
Read More »What Can Lenders Do to Stand Out?
As refinance activity declines and housing prices keep rising, lenders are clamoring to attract what few purchase buyers are still out there. But they’ll need to up their game in order to stand out from the pack. What’s the best way to do that? A new report released on Monday has the answer.
Read More »Lenders are Loosening Up … But Why?
Lenders are continuing to loosen up their credit standards—and they have been for some time, according to a new survey from Fannie Mae. But what’s causing this easing and how long will it go on? The GSE may have the answer.
Read More »Adapting to Change
Mat Ishbia, President and CEO of United Wholesale Mortgage, spoke with MReport on how mortgage lenders and brokers can adapt to the changing climate. According to Ishbia, the industry is not in the same place it was just five years ago, and drastic changes are sure to continue into the coming years. How has wholesale mortgages changed, and what can we expect in the future?
Read More »Disparate Tech Holds Lenders Back
Today’s mortgage servicers are suffering from overly disparate technology solutions, and those disconnected systems are holding businesses back, according to a new report. In response to increased compliance follow the housing crisis, most available mortgage technology has become product-specific, and that’s created a disconnect that requires fractured, inefficient processes that are costly and unwieldy. The report proposes an overlay system to bridge the gaps and provide more consistency.
Read More »Empower Incorporates HMDA Rule, New Tech Integrations
Black Knight Financial Services announced last week the release of LoanSphere Empower 7.0, a new version of its loan origination system (LOS), including updates aimed at compliance with the Consumer Financial Protection Bureau’s (CFPB) Home Mortgage Disclosure Act (HMDA) and enhanced technological integrations.
Read More »Arch MI’s RateStar Now Available Through Lender Price
Arch Mortgage Insurance Company, a Greensboro, North Carolina-based private mortgage insurer, announced an integration with Lender Price, a California-based big data technology provider. Arch MI’s RateStar quotes will now be available through Lender Price.
Read More »Lenders One Announces New VP of National Programs
Lenders One Cooperative, a national alliance of mortgage professionals, announced Tuesday the addition of Matthew T. Orlando as VP of National Programs. Lenders One, which is managed by a subsidiary of Altisource Portfolio Solutions, is comprised of mortgage lenders, bankers, and product and service providers.
Read More »New Sales Leader at Fifth Third to Aid in Community Commitment
Fifth Third Bancorp announced John Adam will join Fifth Third Mortgage as National Sales Leader and will aid in the company’s community commitment.
Read More »Many Lenders Say It’s Time for Change
A recent survey reported that the number of lenders who are dissatisfied with their current LOS increased from last year. Why are they not happy with their systems?
Read More »