Breaking News

Items Tagged with 'Lenders'


  • How employers can reassure potential LOs in the midst of mortgage layoffs

    Invest in the right technology for LO retention
    Under these circumstances, it can be an intimidating market for both job seekers and employers in the mortgage industry. So how do you reassure potential LOs when recruiting? Many professionals in the industry believe the key for recruiting loan officers is investing in technology that streamlines work to increase both efficiency and LO retention.
    Read More
  • Qualia debuts eSign technology

    Aims to streamline digital mortgage with proprietary software
    Qualia just rolled out eSigning capabilities in its bid for a berth among the companies holding the keys to the fully digital mortgage. Qualia claims that its new eSign technology is the first built specifically for title, escrow and closing software. According to Qualia, this will allow real estate professionals to use only the Qualia platform instead of needing to use piecemeal software to cobble together a digital mortgage process.
    Read More
  • Lenders reveal their secret sauce to Credit Karma

    Struggling market leads lenders to seek out new revenue sources
    Some of the largest lenders in the U.S. are now sharing their loan-approval process with consumer finance app Credit Karma. This unprecedented move comes as lenders struggle amid high competition, rising interest rates and fewer borrowers.
    Read More
  • From HW Magazine

    How can we thrive during challenging times?

    Why lenders shouldn’t be afraid of new talent
    For the first time since 1981, our industry is experiencing a rising interest rate environment. Some people may assume that the current market shift means their business will take a downward turn from which they will never recover. I don’t buy it. The way I see it, challenging times force us to refine our processes and practices.
    Read More
  • Lenders in a funk over mortgage market outlook

    Fannie Mae's Mortgage Lender Sentiment Survey reveals moral is very low
    Lenders reported a net negative profit margin outlook for the eighth consecutive quarter in the face of further erosion of purchase mortgage demand. According to Fannie Mae’s Mortgage Lender Sentiment Survey, lenders are feeling worse about the market this quarter than they were last year and last quarter. The biggest reason they have the mortgage blues? Competition from other lenders was the most cited reason by survey participants for the squeeze on margins.
    Read More
  • ComplianceEase announces solution integration with Tavant Technologies

    ComplianceEase integrates three solutions in Tavant's VELOX suite
    ComplianceEase announced on Tuesday that its ComplianceAnalyzer, 4506xpress and LicenseManager solutions are now integrated within Tavant Technologies' VELOX product suite. The integrations aim to allow its customers to securely audit loans for regulatory compliance violations, verify borrower income and automatically verify mortgage loan originators.
    Read More
  • Spotlight: The Industry without Wells and BofA

    The Few, the Proud, the Survivors John K. Lunde Reverse Market Insight It isn’t often that I feel the urge to write a magazine-length article, given that I spend a few days each month creating short newsletters about reverse mortgage industry trends and lender rankings. It’s not that I don’t enjoy writing (I do), but in my opinion, a certain amount of passion needs to be present to produce written words worth reading. This month I found a muse in the subject that has been on all our minds more than once in the past year: the exit of Wells
    Read More