Archive: Blog

"The mortgage lender’s technology stack is critical to the lender’s ability to reduce overall operating costs. Even more important than the capabilities themselves is the team of technology experts standing behind them to support the lender."

"Communal offices will see a comeback... However, it probably won’t happen quickly. There will be a period of time when much of our commercial real estate is empty. This is a real opportunity."

"This is a fantastic opportunity for lenders to be recalibrating with technology partners to ensure they have right capabilities configured... and the lender is taking full advantage of their partners’ technology innovation."

"While it can be tempting to take all the credit for the success we’re enjoying today, there are underlying reasons for what we’re seeing. Understanding these drivers will allow us to be better prepared for what is coming next."

"Financing, if required, is handled online and when the loan is approved, the car is delivered... Could we ever buy a house like this? Maybe so."

3rd party services and who to partner with for those services are critical decisions for every Lender. Join our host Ashley Gravano, VP of Product Services, for our first episode of Coffee with Cadence here to get a unique perspective on vendor evaluation from Covius’ EVP of Settlement Services, Joe Chappell.

How have changes from the 'old school way' strengthened the lender's opportunity to play a key role in the success of the rising generation of real estate agents?

Each episode, we feature guests from our integration partners to provide a well-rounded perspective from experts across various verticals in the mortgage industry.

What does the pandemic mean for product innovation and the return of a healthy mix of loan products in a growing economy?

"Today, only a fraction of industry business is coming through [consumer direct], but... lenders that want to be prepared for the future will invest in technology that will... allow them to... go consumer direct when they ultimately need to."

"The LOS will be much more powerful because it can enable any innovation the lender requires to advance its business."

“It may surprise many to learn that to succeed in the future, we’ll have to spend less time focusing on the borrower experience at the beginning of the transaction and more time focusing on our own back-office efficiency.”

Watch our HousingWire webinar recording where we share valuable insights on how to help you assess your current LOS solution and accelerate your lending performance today.

Watch our Borrower Experience demo to see how lenders are enabled to work more efficiently, resulting in a better borrower experience from lead to loan.

Lenders' productivity, velocity, and cost-to-close can be improved through MCP's consumer self-service capabilities.