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Ellie Mae Announces New Release For Encompass Digital Lending Platform

Ellie Mae Announces New Release For Encompass Digital Lending Platform

Wednesday, 22 May 2019
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Ellie Mae® has launched a new major release of their Encompass digital lending platform. The latest release is designed to help lenders of all sizes originate more loans across a wider variety of loan types, capitalize on the growing HELOC demand, sell and deliver loans more efficiently, provide a better loan officer experience and leverage… Read more...
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How to Cut Through the Clutter with Prospecting Efforts

How to Cut Through the Clutter with Prospecting Efforts

Monday, 20 May 2019
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By Pat Sherlock Prospecting is more difficult than ever because of all the filtering devices that exist. Yet salespeople still must prospect for new customers if they want to be successful in the long run. Unfortunately, originators who use phone calls or emails to prospect are experiencing record low response rates. Can you blame people… Read more...
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Calyx Software Launches New Branding and Enhanced Service Tool

Calyx Software Launches New Branding and Enhanced Service Tool

Tuesday, 21 May 2019
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Calyx Software® today revealed a new brand identity, website, and enhanced service options for customers. The company wide visual transformation was designed to embody its mission and unify behind one single brand: Calyx. “These exciting updates more closely align with the characteristics our customers associate with the Calyx name: easy-to-use, accessible, reliable and customer-focused,” said… Read more...
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Bill Bodnar Of Mortgage Market Guide Discusses Interest Rates

Bill Bodnar Of Mortgage Market Guide Discusses Interest Rates

Sunday, 19 May 2019
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https://youtu.be/UbOB_ctnIVY Read more...
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Maxwell Suggests Finding Your Mortgage Niche to Future Proof Your Profitability

Maxwell Suggests Finding Your Mortgage Niche to Future Proof Your Profitability

Thursday, 16 May 2019
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By Chelsea Mize, Maxwell. The fallout from the Great Recession has had a lasting impact on the mortgage industry. The boomerang effect of the subprime mortgage crisis has seen lenders passing over less-than-perfect borrowers in favor of safe, easy, full-doc W2 borrowers with a 720 FICO score and plenty of assets. But with increasing home… Read more...
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Ask Brian: What to Say When You Meet an Agent

Ask Brian: What to Say When You Meet an Agent

Thursday, 16 May 2019
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I have watched your videos and have also been reading your blog. The problem I have is that I know I need to do business with agents but the scripts I have been using aren’t working well. I get the meeting but am not able to get business from them after the meeting. Would appreciate… Read more...
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Ellie Mae: 30-Year Note Rate Continues to Decline; Time to Close Drops

Ellie Mae: 30-Year Note Rate Continues to Decline; Time to Close Drops

Wednesday, 15 May 2019
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According to the April Origination Insight Report from Ellie Mae®, a leading cloud-based platform provider for the mortgage finance industry, the 30-year note rate dropped for the fourth straight month to 4.61%, down from 4.77% in March and the high of 5.01% in January. Additionally, the time to close all loans dropped two days to… Read more...
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First American Facilitates 500 eClosings

First American Facilitates 500 eClosings

Tuesday, 14 May 2019
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First American Title Insurance Company, a provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation, and Taylor Morrison Home Corporation, a leading national homebuilder and developer, through Taylor Morrison Home Funding, today announced they have completed 500 hybrid eClosings using First American’s eClosing solution. The hybrid eClosings took… Read more...
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Angel Oak Mortgage Solutions Expands Correspondent Lending Unit, Welcomes Four New Executives

Angel Oak Mortgage Solutions Expands Correspondent Lending Unit, Welcomes Four New Executives

Monday, 13 May 2019
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Angel Oak Mortgage Solutions, LLC is enhancing its correspondent lending channel with new technology, infrastructure and high-level talent that reflect the growth in the non-qualified mortgage marketplace. The company has officially branded this channel as Angel Oak Correspondent to solidify its position in the correspondent lending space. The enhanced channel will allow Angel Oak to… Read more...
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Different Training Needed for Different Types of Originators

Different Training Needed for Different Types of Originators

Monday, 13 May 2019
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In a recent conversation with a veteran mortgage banking trainer, he commented that invariably in every class, there are adopters of the new selling techniques and those who plainly reject what is being taught. In my consulting practice I've seen this time and again. I find that top originators are more than willing to learn… Read more...
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