In their cyclical fashion, most lenders are dusting off some antiquated home equity programs, most having spent no energy to prepare for this market opportunity. Given the past few years of overflowing refi pipelines, that is not surprising. Why plant corn if the market price for soybeans is breaking records? Conversely, multiple vendors have set themselves up to help lenders and credit unions successfully market, process, service and trade home equity loans and HELOCs.
Tag: Vendor Partnerships
Scott Roller: Must-See Home Equity Vendor Solutions
In their cyclical fashion, most lenders are dusting off some antiquated home equity programs, most having spent no energy to prepare for this market opportunity. Given the past few years of overflowing refi pipelines, that is not surprising. Why plant corn if the market price for soybeans is breaking records? Conversely, multiple vendors have set themselves up to help lenders and credit unions successfully market, process, service and trade home equity loans and HELOCs.
Jason Doshi of Paymints.io: In the Battle against Margin Compression, Don’t Overlook These Opportunities
While lenders are doing their best to leverage new technology in the battle against cost and inefficiency, for many, the efforts are almost entirely an in-house effort. Considering that production of a mortgage lies in the hands of multiple entities—the lender, perhaps a mortgage broker, the title and closing company, the appraiser and the like—that may well be a mistake.
Sam Verma of PrivoCorp: Key Factors to Consider When Choosing a Mortgage Outsourcing Partner
One way for lenders to manage productivity while responding proactively is to join hands with reliable mortgage processing partners who can offer strong support and let lenders focus on market expansion.
Sam Verma of PrivoCorp: Key Factors to Consider When Choosing a Mortgage Outsourcing Partner
One way for lenders to manage productivity while responding proactively is to join hands with reliable mortgage processing partners who can offer strong support and let lenders focus on market expansion.
Sam Verma of PrivoCorp: Key Factors to Consider When Choosing a Mortgage Outsourcing Partner
One way for lenders to manage productivity while responding proactively is to join hands with reliable mortgage processing partners who can offer strong support and let lenders focus on market expansion.
Sam Verma of PrivoCorp: Key Factors to Consider When Choosing a Mortgage Outsourcing Partner
One way for lenders to manage productivity while responding proactively is to join hands with reliable mortgage processing partners who can offer strong support and let lenders focus on market expansion.
Marvin Chang of Mortgage Hippo: Three Reasons Lenders Must Lean Into Innovation
Lenders that hunkered down during the last two major industry downturns are no longer in the business, while those that leaned in and innovated during the same period emerged as industry leaders. Now is not the time for timidity. In fact, leading lenders are leaning into innovation now. There are at least three good reasons to do so.
Mortgage Vendor News & Views with Scott Roller–July 17, 2020
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. Today we highlight three very unique tech vendors that help in attracting and retaining borrowers, while improving your customer care model via a variety of newer entrants in our service provider market.
Mortgage Vendor News & Views with Scott Roller–July 2020
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. Today we highlight three very unique tech vendors that help in attracting and retaining borrowers, while improving your customer care model via a variety of newer entrants in our service provider market.