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February 8, 2023
The FinLocker integration will surface data-driven insights to mortgage lenders and loan officers to hyper-personalize the homeownership journey of their...
January 5, 2023
The word is out on expectations for a recession in 2023, and according to the Credit Union National Association (CUNA) the downturn may just be light
December 20, 2022
Takeover and M&A rumors continue to swirl, and smarter companies are merely hiring production staff away from lenders rather than pay the baggage that may be associated with the target while some are selling servicing to help strategically or with cash flow. The MBA reports that our biz originated $4.1 trillion in 2020 and $4.4 trillion in 2021. 2022 is down from those numbers, and 2023 is expected to be $1.5-$2ish trillion, depending on who you ask, certainly less than half of 2021....
November 21, 2022
While the outlook remains favorable for housing, the full effects of rate increases on home sales have yet to be felt, Fannie Mae said.
November 18, 2022
Few base their company or family’s savings on the inherent risk in a prediction. But… On a big scale, and we’ve been hearing forecasts of a recession for a year now, JPMorgan Chase’s economists opine that the economy will slip into a mild recession in 2023 as a result of the Federal Reserve's monetary tightening. Of course, recessions usually mean lower rates (one of the topics in today’s Rich and Rob show with MGIC). "We also expect slowing ag...
November 15, 2022
Dan Catinella, chief lending officer at Total Expert discusses how borrower data technology is improving deal flow in today's market.
November 8, 2022
Publicly traded lending software firm MeridianLink has acquired OpenClose, a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders.
October 12, 2022
Payload, a fintech company focusing on automated payments, on Tuesday announced a partnership with Premier Data Services, to launch an integration with SoftPro, an escrow and closing software.
September 29, 2022
Water is a powerful force: just check out this time lapse storm surge video from Ft. Meyers in Florida. Turning to metaphors, Sun Tzu said, “If you wait by the river long enough, the bodies of your enemies will float by.” Some investors and lenders may have adopted that phrase. We’re staring at the autumn and winter, and its ugly out there. Cutting costs fast enough? Best Capital, Finance of America’s retail division going to G-Rate (as reported earlier this week in t...
September 22, 2022
Video texting is viewed as a vital part of the package