Reporters discuss bombshell story on Better.com’s CEO

An exclusive interview with the Forbes reporters who recently wrote a bombshell article about Better.com CEO Vishal Garg’s controversial workplace culture.

Untying business growth from the housing market cycle

Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help.

How lenders can engage borrowers earlier in the buying process

Before the application stage, lenders need an effective strategy that ties all the home buying stages together and the right tools to support the process.

A home shopper’s guide to navigating a competitive market

Here is a home shopper's guide to navigating bidding wars and low housing supply.

Awards

2020 HW Tech100 Mortgage winner: Teraverde

Increases lender profits and efficiency with data-driven intelligence

Teraverde’s Coheus Profit Intelligence increases lender profits and efficiency with data-driven intelligence that unwraps the secrets to increase profitability hidden within the lender’s LOS, accounting, and servicing data. Coheus provides actionable intelligence that guides executives to actions that increase profit and efficiency, providing immediate ROI using its proprietary data-driven intelligence. Teraverde’s innovative, data-driven associative engine and mortgage lending, financial and servicing domain knowledge uncovers hidden profit improvement intelligence with the troves of data in a lenders LOS, general ledger and servicing systems, providing fast return on investment and quick deployment.

  • A lender identified process inefficiency and took action to reduce exceptions by 55%
  • One CEO used Coheus to evaluate loan officer performance and took action to reduce underperforming loan officer headcount by 20% while increasing profit per loan by 30%
  • A user corrected process issues that sped up approvals by 12 days for the most creditworthy borrowers while increasing the productivity of staff by about 15%

https://www.teraverde.com/

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3d rendering of a row of luxury townhouses along a street

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