Articles Tagged with ''Mortgage''

Real-time immersion in your company will save you millions of dollars

3 tips to succeed in any lending environment
[Expert commentary] The housing market is prone to fluctuations. This is far from earth-shattering news, and yet mortgage companies are still losing millions – and, in some cases, the entire company. Stay ahead of the ups and downs of the market, and create an operations and leadership approach where real-time immersion keeps your business moving forward. Here are three tips to succeed in any lending environment.
Read More

Churchill Mortgage launches certified homebuyer program

Enables borrowers to get ahead of other buyers
“Churchill’s Certified Homebuyer Program was designed to help our borrowers get a head start on securing funding so they are positioned to present offers that are already pre-approved and pre-underwritten – increasing their odds of having their offer selected," Churchill Mortgage President Mike Hardwick said.
Read More

Sounding the alarm: Mortgage wire fraud is a much bigger threat than you realize

If you think mortgage wire fraud is a problem only for vendors, think again
Fraud is an issue that we don’t like to think about in the mortgage industry. Yet it always seems to be there, lingering on the fringe of our focus. From time to time, the topic bubbles up in the news or at a convention. We talk about it, give it the proverbial “15 minutes of fame", but rarely are we forced to alter the way we do business or invest large amounts into protecting ourselves from it.
Read More

Confused about CFPB regulations? Ask your questions here

Clarification on TRID, RESPA and more from the bureau
Ever since the Consumer Financial Protection Bureau came into fruition, the industry has spent countless hours trying to interpret how to properly stay in compliance with their regulations. For those who are having trouble making sure they interpret the rules correctly, there’s good news. Check out this new submission form from the bureau.
Read More

Movement Mortgage CEO launches Movement Bank

Will be owned and operated independently of Movement Mortgage
Movement Mortgage CEO and former NFL tight end Casey Crawford announced a new initiative outside of his lending company, revealing the launch of Movement Bank. On Tuesday, the CEO unveiled a complete rebranding of the former First State Bank in Danville, Virginia. But while Crawford is involved in both companies, he emphasized that the two are owned and operated independently of each other.
Read More

LendingTree’s business is booming as more consumers shop around for mortgages

Total loan requests rose by 48% in second quarter
Earlier this week, LendingTree put out a report that showed that borrowers who shop around for their mortgage could save thousands of dollars per year. LendingTree’s business is, of course, helped by borrowers shopping around for mortgages, as lenders pay LendingTree for the “chance to compete” for the business of consumers who search the site. And as it turns out, borrowers are increasingly shopping around for mortgages on LendingTree, and that’s doing wonders for LendingTree’s business.
Read More

[Charts] Here's how much money shopping around for a mortgage can save borrowers

How many lenders did you check out?
While there's already a push to get more consumers to shop around for a mortgage and branch out beyond getting a mortgage where they already bank, many consumers still don't check out their options. This new chart from LendingTree outlines exactly how much money borrowers can save by shopping around for more offers. Spoiler, it could save thousands annually.
Read More

Ally Home rolls out mortgage price match guarantee

Applies to mortgage interest rates and points
It was only the end of last year that Ally Bank revealed it was jumping back into mortgages in a big way and introduced Ally Home. Six months later and Ally Home is further stepping up to meet its competition in the market, rolling out a new Price Match Guarantee program.
Read More