15 Mar, 2022

How Mortgage Outsourcing Aids Lenders in Dealing with Profit Margin Compression

How Mortgage Outsourcing Aids Lenders in Dealing with Profit Margin Compression

There have been several ups and downs in the US mortgage industry over the past decade. However, one of the major factors that have been impacting profitability and business efficiency is profit margin compression. Lender profit margin expectations have steadily fallen over the years since 2015.   The recent...

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08 Mar, 2022

The Most Influential Women in the Mortgage Industry

Most Influential Women in the Mortgage Industry

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04 Mar, 2022

How Intelligent Automation is Helping Lenders in Mortgage Processing?

How Intelligent Automation is Helping Lenders in Mortgage Processing?

Irrespective of which business you are in, digitizing your business is one important step to take, and this is no exception for mortgage lenders.   Incorporating technologies into a whole lot of application processing helps to reduce the burden of having to process loads of documents manually or semi-manually....

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24 Feb, 2022

How Mortgage Process Outsourcing Can Protect Lenders from ‘The Great Resignation’

How Mortgage Process Outsourcing Can Protect Lenders from ‘The Great Resignation’

Pandemics change human societies at many levels. The COVID-19 dramatically restructured the work model that had been around since the start of the industrial revolution. During the past year and a half, workers’ expectations have evolved. And according to a new Bankrate survey, this shift in mindset has over half...

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16 Feb, 2022

Mortgage Process as Challenging as Home Buying in Today’s Competitive Housing Market

Mortgage Process as Challenging as Home Buying in Today's Competitive Housing Market

According to a recent article on Businesswire, the new report,  High Demand, Higher Hurdles in the Mortgage Market, reveals key findings around consumers’ issues during the mortgage process and how digital solutions are starting to provide relief. According to the report, 89% of respondents find the loan application more stressful than the home-buying...

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09 Feb, 2022

The Impact of Technology on the Mortgage Lending Industry

The Impact of Technology on the Mortgage Lending Industry

The mortgage industry has been recently experiencing a significant digital transformation. Experts have pointed out that the technological shift has been accelerated by two chief factors – the need to deal with the challenges brought about by the pandemic and the rise in tech-savvy home buyers. The pandemic and...

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02 Feb, 2022

How Local Lenders Can Remain Competitive

How local lenders can remain competitive

The housing market experienced an all-time high in 2021 due to a mix of low-interest rates and limited availability in desired areas leading to an overall increase of 16.9%, according to data from Freddie Mac. Market conditions in 2022 are, of course, not exactly the same, which has prompted...

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27 Jan, 2022

Effective Loan Closing Strategies for Loan Officers and Brokers

Effective Loan Closing Strategies for Loan Officers and Brokers

The US housing market created a history of sorts throughout 2021. Housing supply fell to a record low with buyers scooping up homes faster than ever before. Now, experts say the housing demand will likely stay strong even in 2022. As per the Mortgage Bankers Association (MBA) forecast, mortgage...

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19 Jan, 2022

It’s Wonderful to Have an Attitude of Gratitude

It’s Wonderful to Have an Attitude of Gratitude

Finding success in the world is never easy. Each of us must overcome various obstacles and challenges to achieve our goals and find success. This includes internal challenges that affect us on a personal level and external challenges that require us to adapt to different situations. The current pandemic...

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18 Jan, 2022

The Previous Dip In Refinance May Contribute To Non-QM Growth

There is no doubt that Non-qualified mortgages continue to attract the interest of progressive mortgage lenders. The attraction of lenders to Non-qualified mortgages is also due to several factors such as ; The increasing competition amongst lenders in the qualified mortgage sector Tight and strict business conditions such as...

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