The Mortgage Credit Potential Index™ (MCPI) is a monthly reporting of mortgage credit inquiries analyzed by CreditXpert’s predictive analytics platform.
Category: News and Trends
Rocky Foroutan of LenderHomePage: Borrower Experience and Customer Retention–The Definitive Key For Digital Mortgage Success
Retention is the new acquisition and likely the most important KPI in the digital age. While the focus has historically been on acquiring new leads for revenue generation, the mortgage industry is now shifting its emphasis to retaining customers by enhancing the overall borrower experience.
Mark P. Dangelo: The Rapid Phase Shift of Organizational Competencies and Operational Mindsets
As technologies and their principles pushed forth by digital transformation initiatives employing such as cloud, Web 3.0, decentralized finance (DeFi), and blockchain mortgage, the enterprise transactional mindsets and systems of record must evolve into stackable solutions—or risk stranding investments and customers on vendor platforms that cannot adapt to future requirements.
(Mortgage M&A Trends) Garth Graham of STRATMOR Group: Matching Buyers and Sellers
Whether you plan to buy or sell a company in 2021, these factors can greatly increase your chances of success.
MBA Weekly Applications Survey Mar. 16, 2022: Rate Volatility Drives Down Refis
Mortgage rates rose again last week to their highest level since 2019, resulting in a drop in refinance applications—although purchase applications rose slightly—the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 11.
January Single-Family Rent Growth Posts Record
CoreLogic, Irvine, Calif., said single-family rent growth started 2022 strong by increasing 12.6 percent year-over-year in January.
Housing Market Roundup Mar. 16, 2022: Demand for Vacation Homes Falls to 2-Year Low
Here’s a quick recap of housing market stories that have recently come across the MBA NewsLink desk:
Fabio Rivas of LenderClose: Knowledge is Power: Creating Borrower Partnerships with Information
Being a better educator starts with having a full picture of the borrower’s financial situation. By taking a consultative approach, loan officers can ask questions to better understand what goals the potential borrower is trying to achieve. LOs can then provide the appropriate financial education that is relevant to best prepare them for homeownership.
Industry Briefs Mar. 16, 2022: Wolters Kluwer to Acquire IDS
Wolters Kluwer Governance, Risk & Compliance, Minneapolis, signed an agreement with The Reynolds and Reynolds Co. to acquire International Document Services Inc., Draper, Utah, a provider of compliance and document generation software platforms for the mortgage and real estate industry, for $70 million in cash.
Dealmaker: CBRE Arranges $72M for South Florida Hotel
CBRE, Dallas, arranged a $72.2 million loan for the Postcard Inn on St. Pete Beach, Fla., on a barrier island west of St. Petersburg.