Today’s communications systems make it possible for mortgage servicers to take back control with business users at the helm over the authoring and management process through the point of sending it to the printer or digital systems that deliver or mail the communication. This gives servicers the opportunity to lower costs, reduce operational risk, and set up for a thriving digital future.
Category: News and Trends
Q/A: Nick Smith of Rice Park Capital Management
Nick Smith is Founder, Managing Partner and CEO of Rice Park Capital Management, a private investment firm managing various investment vehicles and venture capital funds on behalf of institutional investors, family offices and high net worth individuals.
Sponsored Content from Equifax: Differentiated Insights to Expand Access to Credit
Using telco, pay TV and utilities insights to help create greater homeownership opportunities for millions of U.S. mortgage applicants.
David Arnett of Cherry Creek Mortgage: Engaging Millennials and Single Women Despite a Down Market
There’s been a lot of research done on the impact Millennials and single women are having on the housing market. Yet there’s not a lot of solid advice on how to attract and engage these audiences, which is a shame considering how important they are to an originator’s business. But there are effective ways to get your message across if you’re willing to rethink your current marketing strategy.
Brian Webster of NotaryCam: Create a Winning Closing Experience with RON
When faced with two or more similar options, consumers often choose based on which option is better suited to fit their lifestyle. For lenders wanting to ensure their spot at the top of the rankings, providing a superior closing experience is an essential part of the game plan, of which remote online notarization is a key element.
Quote
“As builders pull back on starting new projects, they will have greater opportunity to bring to market the large backlog of homes in their pipelines that are already under construction. The number of single-family homes under construction remains elevated due to construction delays brought on by labor and material shortages.”
–Odeta Kushi, Deputy Chief Economist with First American Financial Corp., Santa Ana, Calif.
Rising Mortgage Rates Put Damper on Home Purchase Mortgage Applications
October mortgage applications for new home purchases fell by 13 percent from September and by 28.6 percent from a year ago, the Mortgage Bankers Association reported Thursday.
Rising Mortgage Rates Put Damper on Home Purchase Mortgage Applications
October mortgage applications for new home purchases fell by 13 percent from September and by 28.6 percent from a year ago, the Mortgage Bankers Association reported Thursday.
3Q Mortgage Lending Falls to 3-Year Low
Mortgage lending fell by another 19 percent in the third quarter—the sixth straight quarterly drop—to its lowest level in three years, reported ATTOM, Irvine, Calif.
Builder Confidence Falls for 11th Straight Month
Builder confidence in the market for newly built single-family homes posted its 11th straight monthly decline in November, the National Association of Home Builders reported Wednesday, citing elevated interest rates, stubbornly high building material costs and declining affordability conditions that are pushing more buyers to the sidelines.