Collaboration Center reinvents the way in which lending professionals and settlement service firms share documents, provide updates and communicate to deliver a timely, cost-effective closing.
Are you following these 3 simple steps to improve your Velocity and increase profitability?
Collaboration Center finally makes the end-to-end digital mortgage possible and affordable.
Since 1999 we’ve been providing lenders not just with great technology, but also with the expertise to design & optimize workflows, instill best practices, and measure and monitor the key metrics for profitability.
It is the only true apples-to-apples comparison of lender performance available in the industry.
When shopping and comparing for a new LOS, it’s not enough to look solely at the features & functionality. Know the value of a quick implementation as you weight the fastest way to profitability.
The numbers are in! Where do you fall in the Mortgage Cadence Annual Benchmarking Study?
Design thinking study reveals solutions for inefficiencies in mortgage process.
Just as smart lenders remained focused despite the TRID delay in 2015, so too do lenders need to keep their eyes on the prize when it comes to URLA.
"But that may not be the most significant risk lenders face as URLA’s changes begin to go into effect in a few months. The biggest impact is likely to involve trust issues with mortgage borrowers."
"Just a small increase in Productivity yields significant increases in profitability."
We expect this change to be more significant for the industry overall than TRID. Those that don’t take this change seriously may learn that truth the hard way. Are you ready?
"Every $1,000 saved in production costs could be used to decrease rates by as much as 10 basis points. This constitutes a fantastic competitive advantage to the lender who understands how to achieve a low cost-to-close."
"One thing we all know is the cost of making a mortgage has never been higher. We’ve watched it more than double over the last ten years. At the same time, productivity, the closest performance indicator cousin to cost-to-close, has never been lower."
"This is critical for lenders who want to grow their businesses this year because the battle for borrower share is a zero-sum game."
