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LendingPad is a modern, scalable and cloud-based LOS/POS that offers end-to-end origination solutions for brokers, banks and lenders.

Highly recognized for its simplicity in configuration, the system is built with an advanced distributed architecture, solving several major problems in the industry including in cloud performance, the ability for real-time collaboration and instant pricing and eligibility checks for originators.  It also offers uniqueF1 features such as same-file, multiuser edit capability and data push without refresh enhancing company collaboration and efficiency. LendingPad enhances team collaboration by allowing multiple users to work on the same file in real-time. In 2018, LendingPad’s user base increased by 500%, driven primarily by mid-segment mortgage bankers and brokers.

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Housing market flashing recession signal

The housing market is signaling there will be an economic recession by the 2020 election, according to Benn Steil, director of international economics at the Council on Foreign Relations.

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