Patriot National Bancorp and American Challenger Development Corp. agree to merge and create largest digital challenger bank in America and select the new Mortgage Cadence Platform to create a truly differentiated customer experience.
Patriot National Bancorp and American Challenger Development Corp. agree to merge and create largest digital challenger bank in America and select the new Mortgage Cadence Platform to create a truly differentiated customer experience.
What M&A considerations should lenders be discussing with their partners to decide if it's the right time to buy or sell?
What strategic considerations should lenders be discussing with their technology partners as they plan for the new year?
Time-to-close has been linked to borrower satisfaction, but should it be? It makes more sense to promise on-time closings.
What do mortgage borrowers want? Research from the real estate side of the market suggests the top three things buyers are looking for.
As the housing market slows, will we see a down turn in the mortgage industry, or will it simply return to normalcy?
Technology makes operations faster and automation reduces costs, but how can Credit Unions use technology to strengthen member connections?
Home purchase sentiment falls again, leading some to wonder if home buyers will just give up on purchasing a home...at least for now.
Some say that home builders will win real estate in 2021. That may or may not be true, but lenders who can work with them will certainly win.
After a merger is complete, mortgage executives will have to manage the post M&A mortgage tech stack shakeout if they want efficiency.
Mergers and acquisitions activity is soaring, but to be successful the new combined company must overcome the post M&A technology challenge.
Many people talk about artificial intelligence, but when it comes to mortgage they don’t provide clarity. We explain the real power of AI in mortgage.
Other industries have been employing AI for some time, now it is finally coming to home finance. We are now seeing the rise of AI in mortgage.
Now that the hard work of URLA implementation is done, mortgage technologists can get back to the rewarding work by refocusing on lender needs.
What technologies are top originators investing in to prepare for the upcoming market?
There are three criteria that the broker needs to consider when deciding what wholesale lenders to sell their production to: interest rate, product mix and process.
On this episode of Coffee with Cadence we check in with Jerry Melia of LoanBeam to discuss self-employed borrowers.
The market is offering lenders a wholesale lending opportunity that will allow them to continue to grow in a slowing market.
Due diligence firms are getting busy, which has created an interesting opportunity for lending document management technology.
After nearly a year, Mortgage Cadence is seeing loan product innovation returning to the mortgage industry.
Home prices are on the rise everywhere and it’s having some impact on affordability, but nothing like housing inventory.
Join us for a conversation with FormFree’s Founder and CEO to discuss how technology is a great equalizer, creating visibility into untapped metrics that lenders can use to measure a borrowers ability to pay.
Although the economy is recovering slower than many wish, it seems to have little impact on the mortgage business for now.
It is now time for banks to double down on tech spending and those that do it right may be more successful in 2021.
How will we return to a normal mortgage market in 2021? This post provides some of the risks the industry faces as we return to a more normal mortgage market cycle.
As industry leaders define lender priorities for 2021, they are focusing on three important areas: their people, their process and their technology.
How do leading credit unions find the right mix of people, process and technology to make their members happy?
Affordability is about consumer buying power (wages) and housing prices. They are both rising but are not in step. Fortunately, a bigger trend, housing inventory, is dampening the negative impact of high prices.
Find out how leading credit unions are developing digital strategies to meet the needs of their members.
Appraisers play a critical role in lender's main concerns: collateral, capacity and credit. Check out our next episode of Coffee with Cadence here to learn how lenders can optimize their valuation process in 2021 with CoreLogic's Chief Appraiser, Shawn Telford.
Credit unions' unique approach to customer service helps them stand out against large financial institutions. Read on to find out how leading CUs use technology to improve member satisfaction.
"This partnership delivers increased efficiency for lower cost origination and enhanced valuation tools for improved risk mitigation during the process."
Is your institution ready for the mandatory URLA effective date? Our experts have answers to your lingering URLA questions.
What keys to success set credit unions apart from their competitors? Read on to hear from three of the credit unions recognized on Forbes' list of America's best credit unions.
"If FHA delinquencies continue to increase, you can count on the agency to engage forensic quality control experts to conduct reviews. An effective process for FHA loan originations and the technology to back that process up will be imperative to protect lenders in the future."
"Given the variables driving today’s environment, high-quality loans and surpassed capacity-limits, may continue, lenders can minimize their risk of buybacks by keeping their regtech in top shape."
"The mortgage lender’s technology stack is critical to the lender’s ability to reduce overall operating costs. Even more important than the capabilities themselves is the team of technology experts standing behind them to support the lender."
"Communal offices will see a comeback... However, it probably won’t happen quickly. There will be a period of time when much of our commercial real estate is empty. This is a real opportunity."
"This is a fantastic opportunity for lenders to be recalibrating with technology partners to ensure they have right capabilities configured... and the lender is taking full advantage of their partners’ technology innovation."
"While it can be tempting to take all the credit for the success we’re enjoying today, there are underlying reasons for what we’re seeing. Understanding these drivers will allow us to be better prepared for what is coming next."
"Financing, if required, is handled online and when the loan is approved, the car is delivered... Could we ever buy a house like this? Maybe so."
"As mortgage technology continues to evolve, it needs to look inward, toward manufacturing loan assets to truly streamline the mortgage lending process as we know it..."
3rd party services and who to partner with for those services are critical decisions for every Lender. Join our host Ashley Gravano, VP of Product Services, for our first episode of Coffee with Cadence here to get a unique perspective on vendor evaluation from Covius’ EVP of Settlement Services, Joe Chappell.
How have changes from the 'old school way' strengthened the lender's opportunity to play a key role in the success of the rising generation of real estate agents?
Each episode, we feature guests from our integration partners to provide a well-rounded perspective from experts across various verticals in the mortgage industry.
What does the pandemic mean for product innovation and the return of a healthy mix of loan products in a growing economy?
"Today, only a fraction of industry business is coming through [consumer direct], but... lenders that want to be prepared for the future will invest in technology that will... allow them to... go consumer direct when they ultimately need to."
"The LOS will be much more powerful because it can enable any innovation the lender requires to advance its business."
“It may surprise many to learn that to succeed in the future, we’ll have to spend less time focusing on the borrower experience at the beginning of the transaction and more time focusing on our own back-office efficiency.”
“This new partnership is unique in that it didn’t spring from a request from a joint customer, but rather was custom designed by our two teams for the benefit of the entire industry."
“The industry has long needed a solution that securely connects, automates and simplifies the closing process. We’re pleased that Vantage Point recognized this need and chose to invest in our comprehensive solution.”
