Looking for a place to launch—or provide a mortgage to—a startup? Oklahoma City, Kansas City and Jacksonville provide best potential for growth, while affordability and labor-competition challenges see Silicon Valley desirability fade, according to a new report from Zillow Inc., Seattle.
Tag: Technology
Allen Price: Don’t Let Natural Disasters Become Servicing Disasters
Natural disasters have become seemingly commonplace, as every season seems to bring a major storm, flood, hurricane or wildfire somewhere in the country. These events obviously have devastating impacts on homeowners. But on one level or another, they have also revealed weaknesses among mortgage servicers and their ability to respond appropriately.
Dan Sogorka of Cloudvirga on Mobile Technology and the Digital Mortgage
Daniel Sogorka is CEO of Cloudvirga, Irvine, Calif., He has more than 20 years of experience leveraging technology to remove inefficiency and lower costs in the mortgage space.
Being Found: A Challenge for 2020
Enterprise leaders believe that innovation is a destination–that is misguided. The reason we use innovation now is as a tool to be found in economies that are driven by attention, technology and data. It will be, in 2020, an unfamiliar mandate.
Scott Colclough of Vice Capital Markets: Making the Jump to Advanced Executions
Shifting from best effort to mandatory execution marks a significant achievement in the evolution of a mortgage lending organization, as it represents a more sophisticated (and more profitable) secondary strategy.
Scott Colclough of Vice Capital Markets: Making the Jump to Advanced Executions
Shifting from best effort to mandatory execution marks a significant achievement in the evolution of a mortgage lending organization, as it represents a more sophisticated (and more profitable) secondary strategy. However, lenders are not always clear on the particulars to making this transition and, as a result, may be slower to change and/or experience a more difficult conversion process.
2020: A Confluence of Strategy Events and Trends (Mark P. Dangelo)
In an industry accustom to regulatory guidance and rigidness, there are growing crack in the traditional dogma focusing on innovation as customer drivers. While innovation is important, 2020 will usher in introductory trends which will comprehensively reshape the mortgage industry.
Housing and the Holidays
Leadership during times of economic opaqueness, scary events and political drama can lack efficacy. What worked in the past is a poor roadmap into the future–whack-a-mole urgency will widen the gaps between enterprises. Innovation and automation may be the only certainties over the next 18 months.
Commercial Servicing Software Must be Flexible
Commercial servicing software needs to be flexible and scalable. It must accommodate a variety of loan products; include commercial-specific reporting, payment and escrow administration functionality; and provide support for asset managers.
Joe Ludlow of Advantage Systems on the Long Road to Embracing Technology
Joe Ludlow is Vice President for Irvine, Calif-based Advantage Systems, a provider of accounting and financial management tools for the mortgage industry.