The Key to Reducing Post-Refi Boom Borrower Churn

In this webinar, PRMG Chief Lending Officer Kevin Peranio will help attendees sort through the right technologies as he shares the tech investments that have had the biggest impact on his business.

Tracey Velt breaks down the latest RealTrends 500 rankings

During the episode, Velt highlights which brokerages achieved top rankings in both categories for 2020, and shares what stood out to her the most about the rankings.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

About 7M refi candidates missed the “forever rate” boat

Rates jumped to 3.17% last week and Black Knight reported that there are now just 11.1 million “high quality” refi candidates. The smallest number of potential refi candidates in a year.

Mortgage

2018 HW Tech100 Winner: Cloudvirga

Intelligent mortgage point-of-sale platforms focus on cutting costs and increasing transparency

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Cloudvirga

Lending

Cloudvirga builds intelligent mortgage point-of-sale platforms, focused on cutting costs, shortening time to close and increasing transparency. The company’s workflow results in high self-service numbers, which means more satisfied borrowers, dramatically expedited loan processing and significant cost savings per loan.

A case study by a Top 10 lender showed that Cloudvirga’s POS platform reduces mortgage origination costs by $1,500 per loan. The platform empowers 42% of its users to complete a fully self-service application via a mobile device. In just two years, Cloudvirga has grown to serve nine of the top 40 nonbank lenders in the U.S., representing more than $100 billion annual loan volume.

cloudvirga.com

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