Remember the days of Local Area Networks (LANs) when computer systems were linked through hardwired telecommunication within a single building or one nearby? Those were novel times back then. Remember loan quality control in those days? As a Boomer, I do and it’s the topic of our second installment of our “Hey Boomer” blog series. Before LAN usage, which dramatically…
Tag: 2020
ICYMI: LoanLogics CEO Shares 2020 Insight in the News
In case you missed it (ICYMI) at the tail end of 2019, LoanLogics CEO, Bill Neville, provided commentary to Rob Chrisman, widely read industry commentator and veteran, about the 2020 outlook for the mortgage industry. And just this month Bill did a detailed Q&A with the popular MBA Newslink® expanding that conversation even further. The main message throughout both…
There’s an “App” for That
It’s been nearly twelve years since the first iPhone® app was released. With a reported 2.2 million available apps and 130 billion downloads from the Apple® App Store* it’s safe to say that the phrase “There’s an app for that!” has taken a strong hold in our collective vernacular. The original use case of mobile apps, according to Wikipedia, was…
How to Get TRID Right
The 2020 spring conference season is fast approaching. One particular conference LoanLogics is looking forward to attending is the 3rd annual ComplianceEase Risk & Compliance Summit being held in Chicago this April. Because of the uniqueness and depth of our integration, LoanLogics is not only sponsoring and exhibiting, but our senior leader and chief business officer, Craig Riddell, will be…
Balancing the Mortgage Industry’s Labor Shift
The benefits of leveraging artificial intelligence and machine learning in mortgage are expansive. We’ve discussed it in a number of LoanLogics blog posts throughout 2019. To summarize, they help today’s originators analyze large data sets, automate decisioning and eliminate a wide range of manual tasks. Perhaps most critical is how they can help originators streamline document processing to lower manufacturing…
Hey, Boomer. Tell Us How Mortgage Reverifications Were Done
Following the great interest we had in our 2019 six-part blog series, “Millennials Mortgage Process,” which followed one of our colleagues on her home buying journey, we are back in 2020 with a new take on generational perspectives in the mortgage industry. Riffing off a fairly well-known and controversial 2019 meme, “Ok, Boomer,” we are kicking off our “Hey, Boomer.”…