It was a short work week this week with the 4th of July holiday. And, from the looks of all the out-of-office notices, it appears many got the opportunity to spend some extended time away from work. As such, we hope all our clients, partners, and associates were able to recharge their batteries over the long weekend and/or week and…
We are about to celebrate the 4th of July, which is the proverbial halfway point through the year. As we come back recharged from a long holiday weekend, it got our team thinking about all the exciting things the company has to look forward to for the remainder of the year. As such and given our enthusiasm about it all,…
Late last year it was reported that the CFPB pumped up the number of enforcement attorneys on staff by double digits, ten percent. As typically happens with a new presidential administration, there’s been a new attitude in Washington toward the housing market. And there’s been no shortage of their presence since the change of guard. Last week, the CFPB…
Looking back, It might have come as a surprise to some when in Spring of 2021 STRATMOR Group reported that somewhere between 20 and 30% of the loans sent to aggregators were not immediately purchased due to issues. No matter how you slice it – good or bad – an average of 25% is one notable percentage. Twenty-five percent chance…
Did you know that each week, typically on Monday, LoanLogics hosts a LIVE demo of our technologies in the LoanBeam Income Suite, delivered by Moi? You know that stereotypical experience of walking into a car dealership to merely look around and one of the hungry car salesmen at their desks quickly makes their way over to and begins hard selling…
Shrinking profit margins, resource constraints, and growing revenue goals are forcing lenders to rethink their mortgage application process. If you’re reading this, you’ve likely been considering (or doing) ways to automate some or all your application process. Some parts have been easier than others, (e.g., credit scoring) but others, such as income assessment, have been more elusive. But, if you…
