automatic-verifications-day-1-certainty
Mortgage Industry Trends

Will Automated Verifications Reduce Defects?

With rates increasing, loan refinancing decreasing, and fewer affordable homes on the market, lenders may face some challenges in 2017 to generate business. Challenges that can be overcome with an eye toward purchase business, an expansion of products available for home financings and a trained staff to originate quality loans. Many companies have introduced new, online, automated verification systems that…

Continue Reading

new-year-ahead
Mortgage Industry Trends

What’s Your Plan for 2017?

With the recent election, rising rates, improving the economy, more job opportunities, and wage growth, things could be looking up for housing and mortgage lending in 2017. Then again…maybe not. It all depends to which economist or so-called expert you listen. Here are some recent headlines about housing and home-financing: Borrowers brush off rising rates, pushing mortgage applications 2.5% higher…

Continue Reading