Low housing inventories, thin margins, stiff competition, economic fluctuations, and rigid underwriting requirements make the current market a tough one for mortgage lenders. This presents an opportunity for you. Now is the ideal time to seize market share from your competitors. By laser-targeting the right borrowers when they’re house shopping, you’ll win business over lenders […]
The Home Stretch of a 30-Year Digital Mortgage Journey. Twenty-four years ago, Fannie Mae introduced the industry’s first automated underwriting system. Desktop Underwriter® (DU®) enhanced the human-led process with digital underwriting tools. But for years data on paper was still keyed into AUSs. Now consumers can move fast by direct-connecting their data, LOs can advise […]
This webinar is ideal for originators who have purview over valuation strategy or leverage valuations in their day-to-day. With the shifting landscape of the appraisal industry and constant advances in technology, the valuation space is changing rapidly. What does that mean for originators? It’s time to take a fresh look at your valuation strategy and […]
New technology has evolved the mortgage process, creating efficiencies for loan officers and delivering added convenience customers have come to expect. Despite the benefits these various technical offerings make possible, lenders now face the challenge of wading through the numerous available options in order to build a tech stack that results in a profitable digital […]
Over the last decade, tightening regulations have increased the number of documents in the mortgage process, leading to the efficiency of a mortgage underwriter plummeting. Underwriter productivity has decreased from an average of 193 applications per underwriter per month in 2002, to only 27 per month in 2017 (Stratmor Group). That is just over one […]
To meet long-term residential demand, the housing market requires millions of new homes to be constructed. New construction properties are gaining significant attention and traction for consumers. This supply and demand has caused the interest in Construction-to-Permanent (CTP) products to grow substantially amongst competitive lenders wanting to stay relevant in the market. With these drivers […]
Megan Pulliam, Ellie Mae’s VP of Business Development and Eric Kujala, Capsilon’s Director of Strategic Partnerships will discuss how originators and correspondent lenders can leverage technology integrations to enhance the loan officer experience to recruit and retain top Loan Officer and Account Executive talent. High levels of customer satisfaction are what Loan Officers and Account […]
When it comes to valuation and title, lenders need more than just property data, they need property intelligence The margin compression plaguing the industry continues and lenders are looking for solutions that can reduce their costs without sacrificing compliance standards or the consumer experience. For valuation and title services related to home equity lending, FirstClose […]