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This underwriting solution improved lending satisfaction from the inside out

Housing Wire

Prior to integrating FactCheck, the lender used an Excel spreadsheet that the underwriter and or loan officer would have to key information into. This method also consumed valuable time for both underwriters and loan officers, and consequently, impacted the overall turn time of the loan. . “We

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Movement sues Summit, former veteran sales executives for poaching

Housing Wire

In court documents, Summit and Pennington admitted they signed a confidentiality agreement in March but denied other accusations, including that Pennington used information from Movement to target its loan officers matching characteristics that would fit Summit’s business. million in unpaid compensation.

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QC is imperative for long-term mortgage servicing success, here’s why

Housing Wire

While the challenge of low housing inventory persists across the country, I have a feeling loan officers will be busier. AP: The CFPB continues to emphasize compliance with the CARES Act and other servicing regulations, particularly in areas like fair lending, fair servicing, and forbearance.

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Credit Plus integrates with LendingWise

Housing Wire

Business credit report provider Credit Plus announced last week it has integrated with LendingWise , an LOS-software platform serving commercial lending. The move establishes Credit Plus in the commercial and private money lending spaces. “In Download this case study to find out about the integration process and the results it yielded.

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Understand home equity lending and how lenders can acquire home equity customers

Clear Capital

Home equity lending is a hot topic, with homeowners boasting near-record amounts of equity. Mordor Intelligence estimates that as of 2024, the home equity lending market size is estimated at nearly $31 billion, and is expected to grow to $36 billion by 2029. What is home equity lending?

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How LOs, mortgage execs are preparing for 2024

Housing Wire

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. If they want to know what’s going on with rates, their loan, AI can give them an answer.

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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

Download the infographic here. Mortgage lending standards are also much more stringent than they were in the boom of the mid-2000s. Once you find a new home you love, your loan officer will be ready and waiting to fast-track your loan to closing. Reading Time: 3 minutes. Spring home sales should be speedier.

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