News

From HW Magazine

Proctor Financial creates tailored solutions for hazard tracking and LPI

Simplifies the vendor management process
Proctor has developed a proprietary client portal, Intelligent Insurance Manager, to simplify the vendor management process. This portal goes beyond just tracking residential and commercial loans, allowing clients to access recorded borrower phone calls and management trend reports.
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From HW Magazine

Alight brings a new class of technology

Forecasting technology solution provides visibility into financial impact of decisions
At the epicenter of technology innovation in the Bay Area, Alight founders saw the need for a collaborative planning and forecasting technology solution that provides visibility into the financial impact of decisions and sudden market changes in highly complex and dynamic industries.
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From HW Magazine

MyAMC uses proprietary technology to identify the best appraiser for every assignment

Automated quality control makes for quick response times
MyAMC assists in underwriting interpretation and potential investor issues regarding appraisal challenges. The company was part of the early testing of Fannie Mae’s Collateral Underwriter, an automated risk assessment tool, and can provide guidance in resolving challenges stemming from CU.
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From HW Magazine

LenderLive partners with lenders and servicers for compliant outsourced solutions

Delivers confidence, control and transparency
As compliance costs rise and regulators turn their attention to policing new standards, companies are evaluating all their options. By partnering with LenderLive, a premier services provider, financial companies can take advantage of LenderLive investments in compliance expertise, highly-qualified talent and technology, and benefit from its scale and best practices.
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From HW Magazine

Freddie Mac's Loan Advisor Suite gives lenders greater certainty and efficiency

Lending tools automate data management
Loan Advisor Suite empowers lenders to automate data management and receive alerts when a loan has a higher risk, allowing them to act quickly to resolve issues. Designed as a portal with a single sign-on capability to access Freddie Mac’s collection of tools, each web-based application works with a range of browsers, providing easily accessible lending tools for every step of the loan process.
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From HW Magazine

Ellie Mae's Millennial Tracker prepares lenders to serve young homebuyers

Provides insight into lending trends
The mortgage industry is poised to experience a monumental shift as more Millennial homebuyers begin to enter the market. There are roughly 87 million would-be homebuyers in the Millennial generation and 91% of them say they intend to own a home one day. Lenders must prepare today to meet their needs.
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From HW Magazine

Using technology to improve customer engagement

Ellie Mae’s user experience team shows the industry how it’s done
Design is a funny word. Some people think design means how it ‘looks.’ But of course, if you dig deeper, it’s really how it works. The design of the Mac wasn’t what it looked like, although that was part of it. Primarily, it was how it worked. To design something really well, you have to ‘get it.’ You have to really ‘grok’ what it’s all about. It takes a passionate commitment to really thoroughly understand something, chew it up, not just quickly swallow it. Most people don’t take the time to do that.” — Steve Jobs, Wired, February 1996
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From HW Magazine

A perfect storm in Silicon Valley

How the Bay Area’s insane job market creates an unsustainable and even crazier housing situation
If you live in Silicon Valley and are one of the region’s numerous millionaires or even billionaires, thanks to a ton of recent tech company IPOs, bringing the perks home is easy. One expert says the increase in IPOs is actually driving residential values in Silicon Valley.
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From HW Magazine

Redefining skin in the game

How low-down mortgages can safely expand opportunities for homeownership
People shouldn’t be worried about the 3% down program. The FHA, USDA and VA have been doing it for years, and with the right guidelines and criteria in place these are great for borrowers. Whatever is best for borrowers and prudent lending standards is what all lenders and originators should be looking to offer.
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