Solving the Post-Close Challenge with Intelligent Automation

Join our upcoming webinar as SoftWorks AI CEO and Avanze CEO explore the advances in tech that allow for greater levels of automation and cost reduction, especially in support of post-close and pre-fund review.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

The 100-years-war over real estate commissions

HousingWire plunges down the rabbit hole of residential real estate commissions, uncovering the past, present and future of this wholly unique part of the economy.

Real estate agents and LOs: the great collaboration

We spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey.

Awards

2020 HW Tech100 Mortgage winner: WFG Lender Services

Helps lenders enhance loan origination efficiency

DecisionPoint helps lenders enhance loan origination efficiency, better manage their pipeline and significantly improve loan closure rates by identifying title clearance challenges upfront. DecisionPoint does this by grading and then estimating the amount of time needed to clear title for each loan at the time of application. DecisionPoint from WFG Lender Services provides automated title decisioning and analyzes property encumbrances and applicant circumstances to immediately project a reliable clear-to-close timeframe. DecisionPoint does this using WFG’s proprietary grading system, which can deliver either a binary “clear” or “not-clear” grade or a tiered grading.

  • DecisionPoint can provide immediate decisioning for the vast majority of U.S. properties and immediate title clearance for more than 30%.
  • Delivers a full, detailed title report within seconds, alerting lenders whether the loan is “clean,” meaning it can close within a matter of days, or needs some measures that will take longer to rectify before a title insurance policy can be issued.
  • Lenders can obtain critical information from borrowers during the initial call, generate loan estimates, obtain borrower consent, thus reducing loan application drop-out rates.

https://wfgls.com

Most Popular Articles

Biden’s $15K first-time homebuyer tax credit now a bill

President Joe Biden called for a $15,000 tax credit for first-time homebuyers, and Congress has answered his call with a bill.

Apr 26, 2021 By

Latest Articles

More renters and homeowners are making payments

Less than 5 million households did not make their rent or mortgage payments in March 2021, the lowest number since the onset of the pandemic.

May 06, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please