Closing Complex Loans Faster With a Digitized Client Workflow

Join us for a discussion on changes in market demographics, suppliers and how focusing on customer experience and a few simple steps during the mortgage loan process can close deals 3x faster.

Brokers, Here’s Everything You Need to Know About Rocket Pro TPO

Want to stay up to date with the latest on what Rocket Pro TPO is offering its broker partners? Check out our TPO hub for updates and more.

Home appraisal’s ugly history and uncertain future

This is Part I of a deep dive into the home appraisal industry. Today we explore the origins of the appraisal industry and its current lack of diversity.

Loan quality lessons learned from 2020

HousingWire recently spoke with Trevor Gauthier, CEO of ACES Quality Management, about the effects of 2020 on loan quality and what lenders should expect regarding loan quality and risk management this year.

Mortgage

Pavaso offering quicker transition to e-closing solution

Provides lenders with “painless path” to TILA-RESPA compliance

Tech provider Pavaso announced a new solution that promises to help business implement digital closing and ensure compliance for the coming TILA-RESPA regulations.

Pavaso said in a release that its “Fast Track” program provides a “quick, low-impact implementation” of its Digital Close solution in two weeks.

Pavaso said that it developed this implementation program to help lenders and title companies tackle the larger issue of TRID that is still “largely overlooked” in the industry – the consumer’s experience.

“Over the last few months, the acceptance and implementation of Pavaso's solution has accelerated dramatically, but we felt everyone needed to get there even faster,” said Pavaso President and CEO Mark McElroy.

“We developed Fast Track to get them there quickly with the lowest amount of impact possible,” McElroy continued. “The industry needs leaders to solve this complex issue, and Pavaso wants to be that leader. We are now providing the pathway to achieve closings in less time for less money, fully tracked and audited, with inclusion of all the stakeholders, and specific business process improvement all in one step.”

This new accelerated program eliminates large capital investment and lengthy implementation times, Pavaso said.

“With no hardware requirements, and no long and expensive training or rollouts, this plan was designed to fit perfectly with businesses current plans, regardless of what they are, and establish the future today,” the company said.

Most Popular Articles

The housing market outsmarted the foreclosure crisis

This isn’t 2008. A bevy of loss mitigation waterfalls, forbearance safety nets and an abundance of equity gave Americans a fighting chance when the foreclosure crisis finally sunsets. HW+ Premium Content

Jun 18, 2021 By

Latest Articles

Existing home sales dip downwards for fourth month

Existing home sales fell for the fourth consecutive month in May, down .9% from April to 5.8 million, the National Association of Realtors reported on Tuesday.

Jun 22, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please