True Stories: Hybrid, eNote and RON Implementation

Join expert panelists that will discuss the status of federal legislation, trends in digital adoption and how best to prepare your organization for the next generation of lending processes.

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.

UWM has a plan to win a war of mortgage attrition

UWM's margins will fall all the way down to 75 to 110 bps. Mat Ishbia says it's the perfect environment to prove that his mortgage firm is truly elite.

Don’t sleep on non-QM products

Now is the perfect time for originators to consider expanding to non-QM products – to grow business, diversify their offerings and to ensure an opportunity to better serve their customers.

Mortgage

To Go: Title company closes mortgages on wheels

Mobile closings come to you

A Detroit-area title company is offering what its president says is the area’s first mobile closing vehicle, which brings the closing process to the client instead of the other way around. While mobile mortgage closings are nothing new, this is pretty inventive

 

According to a report from hometownlife.com (click to see photo), Reputation First Title Agency of Livonia, Mich. now has a branded mobile closing unit that will travel to the borrower's preferred location for the closing of home purchase.

The vehicle is outfitted with wireless internet, a copy and fax machine, a wooden floor and a light-up mini-bar, replete with champagne if a borrower so desires to get their post-closing celebratory drink on.

“After all, purchasing your home is likely the most expensive and important investment a family will ever make,” Reputattion First’s president, Kim Tortora told hometownlife.com. “Consumers pay for title insurance. They ultimately pay – they have the right to choose.”

(h/t: John Coester)

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

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