Everyday unsuspecting borrowers, lenders and 3rd party providers are being targeted by cyber criminals in the dark web who are patiently building out their attack one transaction at a time. Cybercrime a growing industry with 2018 estimations to be $9 Billion up from $5.3 Billion in 2017.
When it comes to technology and the mortgage industry, change is the name of the game. Technology has enabled automation, which has led to borrowers expecting around the clock accessibility. On today’s episode of LendTech Live, Michael Hammond, President of Nexlevel Advisors, shares his depth of knowledge in the lending industry and details how exceeding […]
It’s 2018 and it’s time for women to shatter the glass ceiling in every industry. Mortgage lending is no exception. How can you empower the women in your company to reach their full potential and continue to stay at the front of the pack? On today’s episode of LendTech Briefing, Tina Lindsey, Director of Sales […]
Most banks and credit unions are fighting for the same mortgage lending business and borrowers, but are they succeeding? No one likes to be bombarded with advertisements and offer emails, especially in mortgage marketing. So how do you promote your mortgage lending business and provide the optimal borrower experience without annoying your customers?
Construction loans have been manufactured the same way for decades. New technologies, however, are stepping into the field and digital mortgages are increasing efficiency and providing a better borrower experience.
Every business wants to maximize profits while maintaining loyal customers and happy employees. So how can assessing the proper technology aid in developing a roadmap strategy?
Decreasing cost to close involves many moving parts. Nailing the always moving target that is compliance is essential to pulling the profit lever.
"And just like that, with the exchange of a few emails, possibly never having met with your borrower face-to-face, your origination process is underway and the mortgage collaboration has begun."
New regulations that come with TRID 2.0 By: Amanda Phillips for Today's Lending Insight Over a year in the making, TRID 2.0 was finally released on July 7, 2017. With an effective date 60 days after the final rule is published in the Federal Register, and a mandatory compliance deadline of October 1, 2018, the […]
It’s easy to translate that into education regardless of whether it’s face-to-face or through automation.
One of the 5 key metrics to monitor if you're looking to increase your profitability in mortgage lending is your Pull Through rate.
In every business there are key performance indicators (KPIs) that matter. These are the ones that guide decisions and help measure success. Without them a business is like a boat without a rudder, just drifting and bobbing – at the mercy of the tide. We know that profitable mortgage lending happens when you track 5 […]
He shares his tips on how to bridge the gap between growth objectives and mortgage lending technology that supports a great borrower experience.
“With her deep industry knowledge, sales acumen and overall experience she will be a great contributor to our vision of being the last digital lending platform our clients will ever need.”
At Digital Mortgage 2017, over one thousand of the mortgage industry's most innovative executives gather to gauge which innovations drive the industry forward. After each round of demos, attendees vote for the solutions they think are most likely to succeed. Furthermore, with over 40 participating companies, Mortgage Cadence was designated as one of the top five […]
