When it comes to real estate, the best outcomes rarely happen by chance. The buyers who succeed are usually the ones who prepare early, long before they walk into their first showing. Preparation starts with understanding what a lender is willing to offer, and that can take one of two paths: a simple pre-qualification or a more thorough pre-approval.| HousingWire
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report.| HousingWire
We’re happy to share the latest in AltsTech’s series profiling how investment managers are using AI, tech, and analytics to generate alpha. We’re fortunate to interview Gelila Bekele, Founder of Aone Partners. David Teten: Please give us an overview of your firm. Aone Partners is a search fund partnership backed by 14 enterprise software CEOs, If this was helpful to you, please sign up for my newsletter.| David Teten
By Veronica Nguyen, BeSmartee Overwhelmed by the rapid advancement of artificial intelligence (AI) technology and its impact on various industries, including the mortgage industry? It’s important not to get caught up in the hype and get worried that it will replace mortgage jobs. Instead, think about how you can use AI as a tool… Continue reading AI, An Empowering Tool in Mortgages, Not a Substitute for Humanity The post AI, An Empowering Tool in Mortgages, Not a Substitute for Humanit...| Mortgage Innovators
Commentary from FundingShield’s CEO Ike Suri Wire and title fraud risk reached another new record in the first quarter of 2023 at 51.6% of transactions having at least one risk issue. With this all-time high percentage of issues, the impact of a single wire or title fraud event could be catastrophic. Cybersecurity and Cyber Insurance Mid-size… Continue reading FundingShield Q1 2023 Fraud Analytics The post FundingShield Q1 2023 Fraud Analytics appeared first on Mortgage Innovators.| Mortgage Innovators
Blog post by Polly Every year, billions of dollars are lost due to ineffective processes, system inefficiencies, and manual mistakes. As the mortgage industry shifts more and more toward modern, cloud-native technologies, one buzzword continues to stand out among the rest: automation. While automation can certainly help refine antiquated processes, it is important to… Continue reading Achieving a true future-state mortgage operation with automation The post Achieving a true future-state ...| Mortgage Innovators
Blog post by Polly We have talked before about Polly’s comprehensive suite of features and the robust functionality available within our only-of-its-kind, vertically integrated capital markets solution. We have shared the importance of being cloud-native and embedded with flexible lock desk automation, as well as details about Polly’s patent-pending technology architecture that enables us to… Continue reading Improving the efficiency and success of your mortgage operations through a mob...| Mortgage Innovators
Blog post by Polly Polly’s Founder and CEO, Adam Carmel, recently connected with the Mortgage Bankers Association for an executive conversation about the current state of the mortgage industry. The discussion was prompted by the interest rate spikes seen in H1 of 2022, creating the opportunity for lenders to evaluate existing gaps in their mortgage… Continue reading A market in flux can offer lenders a real opportunity The post A market in flux can offer lenders a real opportunity appeare...| Mortgage Innovators
Blog post by Lender Price Having an API is a great way to increase efficiency and flexibility, but it’s not enough. Many pricing vendors claim they have an API when in fact it has not been properly implemented or well-tested. It is only after numerous rounds of refinement and testing that APIs can be considered… Continue reading Legacy vs. Modern: Understanding APIs and Architecture Differences The post Legacy vs. Modern: Understanding APIs and Architecture Differences appeared first on M...| Mortgage Innovators
Blog post by TRUE Operations teams in the mortgage industry are under constant pressure to accelerate the manufacturing process, increase throughput, and minimize cost-per-loan. For many mortgage companies, however, this is easier said than done due to inefficient manual workflows that are error-prone, time-consuming, and costly. The stare and compare process is a great example… Continue reading Customer Perspectives: 4 Challenges We Hear from Mortgage Industry Operations Teams The post Cus...| Mortgage Innovators
Processing/Underwriting/Operations| Mortgage Innovators