Developing Emotional Connection Pays Big Dividends
With all mortgage players effectively using technology to improve the customer experience, lenders need to develop an emotional connection to drive growth.
The World of Loan Origination Systems
Loan origination systems for mortgage firms have recently been evaluated, enhanced and integrated with offerings from other technology service providers.
Approvals Automated for Nontraditional Credit
Loan applicants who don't have a traditional credit scores will soon be able to obtain automated approvals using nontraditional credit.
Banks Lead Way Into Social Media Utilization
A pair of recent reports reveal how prospective financial services customers are using social media and how financial institutions are capitalizing on the trend.
Wave of LOS Integrations
Developers of loan originations systems have recently been busy integrating the offerings of other mortgage service providers into their systems. Several LOS upgrades have been announced.
Rocket Mortgage Production Soars
Quicken Loans Inc. generated an average of more than $500 million per month in originations last year from its Rocket Mortgage program.
e-Mortgages to Benefit RMBS Loans
A new report indicates loans included in residential mortgage-backed securities will benefit from digital mortgages as long as legal issues are addressed.
loanDepot Automates Home Lending
A new digital lending process that has been unveiled by loanDepot LLC can provide near-instant approvals for home lending prospects, though it's not for everyone.