Get Your Ideas Across
For mortgage technology vendors, oftentimes they are selling ideas. They are trying to convince mortgage lenders to automate a process that is traditionally paper. That can be a hard sell because it...
View ArticleThe Good, The Bad And The Reality Of AI
When I was getting my Masters in Business Administration, one of my professors lectured about the future of business. One example he used was from a futurist’s ideas on the factory of the future....
View ArticleThe Look And Feel Of Technology Matters
Legacy technology is old and outdated, yet it permitted our industry. Technology has to have a great GUI these days to help our industry progress and good vendors realize this. For example, Exceleras,...
View ArticleDeeds Are Destroying Your Organization
Captured on camera — a passenger being dragged off a plane goes viral instantly, and an international brand-tarnishing moment is made. As a leader such a scenario is a shining opportunity for a CEO,...
View ArticleEmail Marketing Isn’t Dead
As a lender you are constantly looking for ways to attract new borrowers, engage with them so that they stop shopping around and ultimately get their new loan from your organization. I just read a...
View ArticleOCR For Mortgage In Action
The financial services industry is challenged with managing large volumes of documents with varying layouts containing immense amounts of data – part of which is highly critical with regards to...
View ArticleFinally Getting It Right
The CFPB’s announcement that it had finalized the long-awaited amendments to TRID, initially proposed in July 2016 and commonly referred to as “TRID 2.0,” was a welcome surprise. The industry had been...
View Article5 Ways To Build A High-Performing Team
Meshing diverse working styles and personalities harmoniously on a team can be tricky. It takes time to build the right team for the job. But it isn’t just about picking the right people. Building an...
View ArticleLenders Can Cash In
It’s not all gloom and doom. Sure, lenders face plummeting profitability levels from falling refinances, rising origination costs and increased competition. However, cost management strategies can be...
View ArticleBack To Basics
As the mortgage industry becomes more advanced, sometimes classic strategies are still worthy of use. For example, in the article entitled “Creating Lead Magnets That Convert” by Clayton Johnson, he...
View ArticleExplaining The Mortgage Process Of The Future
As executives discussed the state of mortgage lending at the Seventh Annual ENGAGE Event in Denver, Colo., a lot of hot-button topics came up. For example, the discussion around what the future lending...
View ArticleVendor Launches Next-Generation POS
Promontory MortgagePath, a new entrant in the mortgage technology and fulfillment solutions spaces, announced that PromonTech, the company’s technology arm, has released the next-generation of point of...
View Article5 Things To Do For 2018
Download Your Free PDF Copy of “5 Things to Do for 2018” – Including Helpful Resources, Links, and Examples to Accelerate Your Growth. You want a strong start to 2018. Good thinking. In their latest...
View ArticleTried And True Solutions
According to the MBA lenders saw a net gain of $224 on each loan they originated in the first quarter of this year – down from $575 in the fourth quarter of last year. The drop was due mainly to...
View ArticleNext-Generation Valuation Management Software Platform For Commercial Lending...
Global DMS launched EVO-Commercial (EVO-C). The new platform is 100 percent configurable, fully customizable, quick and easy to implement, eliminates numerous steps in the workflow process, lowers...
View ArticleATTOM Acquires Onboard Informatics
ATTOM Data Solutions has acquired Onboard Informatics, a provider of neighborhood data and data-enabled turnkey products to the real estate industry. Featured Sponsors: “Onboard has a long and...
View ArticleArtificial Intelligence: The Pros And Cons
Here’s hoping you got exactly what you wanted for Christmas! You did want an Artificial Intelligent loan application, didn’t you? After all, based on what we saw at the convention in Denver and all...
View ArticleFarewell To My Readers
I spent a fair amount of time churning over this last article. Should I try to recap some of the multitude of ideas and concepts I have written about since 2010? Or should I just talk about the...
View ArticleThe Educated Customer Complains Less
Companies across America spend billions of dollars a year to gain an edge to separate themselves from the pack. This includes creating marketing campaigns driven by seasonality, monitoring forecasted...
View ArticleGrowing FinTech Companies Partner To Revolutionize Digital Lending
WebMax, a digital mortgage solution provider, and FinLocker, a financial data and analytics platform, have finalized a partnership as a result of successful execution on their five joint customers. The...
View ArticleThe Educated Customer
Companies across America spend billions of dollars a year to gain an edge to separate themselves from the pack. This includes creating marketing campaigns driven by seasonality, monitoring forecasted...
View ArticleBuilding A Better Conference
This is going to sound very “California.” We set an intention when we created NEXT. That was ultimately what has differentiated NEXT from any other mortgage conference. NEXT is the mortgage industry’s...
View ArticleGet Engagement
How do you win in the current mortgage market? You have to get your client and prospects engaged. How do you do that? Good content is one way. In the article “These Master Copywriters Share How to Go...
View ArticleDigital Advances
There is always talk about the digital mortgage. It’s in high demand. Industry data shows that 67 percent of all closed loans by Millennial borrowers were conventional, the highest percentage in two...
View ArticleThe Risks And Rewards Of Artificial Intelligence For Lenders
In looking at this, the recent debut of self-driving cars could transform a stressful commute into an opportunity to tackle emails and reading lists while making suburban long-distance travel great...
View ArticleTried & True Innovation
As we all know, mortgage lenders are looking for an edge. How do they get that edge? They can start by replacing a paper-driven mortgage process with an automated process. This is where industry...
View ArticleData Shows Lenders Implementing Digital Mortgage Platform At Dramatic Pace
Continuing its impressive growth, SimpleNexus has announced the signing of 25 new clients in the first quarter of 2018 alone. The growth further demonstrates an industry wide embrace of new lending...
View ArticleAnd The 2018 Winners Are …
Prominent mortgage executives gathered to see who the Executive Team of PROGRESS in Lending named the top industry innovations of the past year at the Eighth Annual Innovations Awards Event. This...
View ArticleNew “E” 1003 Solution Hits The Market
SimpleNexus has launched a new online loan application solution, adding to its suite of digital mortgage tools. The new e1003 application assists mortgage lenders with increasing customer engagement by...
View ArticleHow To Make Your CRM Big Data Small
Small and midsized (SMB) businesses love to think big, and there’s no better way to do that than with the right customer relationship management (CRM) technology. The operative words here, of course,...
View ArticleVendor Gets $20 Million Capital Investment
SimpleNexus, a vendor known for bringing the home mortgage process to mobile devices through their digital mortgage platform, raised $20 million in growth capital from Insight Venture Partners to...
View ArticleThe Power Of Social Media In Financial Services
Recurring revenue from existing customers is essential for continued success in any industry, but it’s especially important for relationship-based services like banking. Since the housing crisis in...
View Article3 Key Methods To Shorten Your Sales Cycle
In a recent Gallup poll, sales professionals were ranked lower on honesty than Congress. This exemplifies why consumers are increasingly looking to their peers, rather than companies, “gurus,” and...
View ArticleLenders One Launches Complete eClosing Solution For Members
Lenders One Cooperative, a national alliance of independent mortgage bankers, has launched Lenders One eClosing by DocMagic, a complete eClosing solution for borrowers, lenders and investors. The...
View ArticleTD Bank Makes Moves To Go Digital
TD Bank has deployed their initial rollout of the Encompass digital mortgage solution, continuing Ellie Mae’s push upmarket into the largest lenders and banks in the United States. TD Bank is...
View ArticleLooking For Investment Money?
A lot of startups and mainstay mortgage technology companies are looking for investors. But how do you attract them? Look to other companies that have been successful and follow their lead. In the...
View ArticleThe Power Of Artificial Intelligence In The Mortgage Industry
These days, it’s hard to miss the buzz about artificial intelligence (AI) and its impact on industries such as health care, automotive, education, financial services and retail, to name just a few....
View ArticleInnovating The Mortgage Process
As the story goes, when Matt Hansen developed the mobile mortgage app that would become the catalyst for SimpleNexus, he wasn’t thinking about starting a company. He was trying to help solve a problem...
View ArticleThe Strength Of Digital Lending
PRMG didn’t get to where it is today by putting its proverbial head in the sand. Founded in 2001, this privately held mortgage banker and residential home lender is unafraid of change; constantly...
View ArticleBecome A Thought Leader
Are you a thought leader? Should you even try to be a thought leader? Nicole Fallon notes that “While the aim of every executive is to run a successful company, many modern C-suite members also have...
View ArticleEnhancement Enables Lenders To Streamline Reviews Of All Fannie Mae Loans
LoanLogics has updated its LoanHD Loan Quality Management platform to make it easy for lenders to run automated checks to validate data prior to loan delivery through Fannie Mae’s EarlyCheck...
View ArticleDon’t Forget About SEO
In the article “15 Tips To Improve Your SEO” written by Laura King Edwards, she says thatSearch engine optimization (SEO) has the greatest influence on organic traffic, generated when users type a...
View ArticleHow Phones And Social Media Are Setting Expectations For Mortgage Technology
Increasingly, cell phones, online shopping sites and social media apps are setting the standards by which financial institution technology or fintech, is judged. Just a few years ago, the device you...
View Article5 Ways CEOs Can Change Their Behaviors To Lead More Efficiently
In business, the adage “it starts at the top” can prompt an uncomfortable question: “Can the boss finish what he or she started?” Featured Sponsors: Many CEOs and entrepreneurs wrestle with this...
View ArticleStand Out
Now is the time to think about what’s your differentiator? How do you stand out in the current competitive mortgage market? One sure way to get there is to create good content that gets you online...
View ArticleReady Or Not, Here They Come: Changes To Freddie Mac Investor Reporting
In February 2017, Fannie Mae implemented changes to investor reporting requirements in accordance with new regulations set out by the Federal Housing Finance Agency (FHFA). FHFA’s goal was to increase...
View ArticleBanking Fintech Acquisition Comes Together
nbkc bank announced its investment in two Bay-area fintech companies. The announcement comes on the heels of the bank’s launch of Fountain City Fintech, an accelerator providing financial technology...
View ArticleDataBank Acquires PNC’s Pittsburgh Data Center
DataBank, a provider of enterprise-class data center, connectivity and managed services, has acquired PNC Bank’s data center located in North Fayette Township near Pittsburgh, PA. This marks...
View ArticleConversation Marketing Hacks: 8 Ways To ‘Speak Human’ & Change The Game
Nobody starts out automatically caring about your products or services. They care about how you can make a difference in their lives. No matter the context, all relationships begin with a “handshake...
View ArticleEmpowering Consumers
US Mortgage was founded in 1994 and has been committed to providing an outstanding borrower experience ever since. That commitment means being willing to change as consumer demographics, and...
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