On this episode of Coffee with Cadence we check in with Jerry Melia of LoanBeam to discuss self-employed borrowers.
"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."
Each episode, we feature guests from our integration partners to provide a well-rounded perspective from experts across various verticals in the mortgage industry.
"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."
“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.”
Everyday unsuspecting borrowers, lenders and 3rd party providers are being targeted by cyber criminals in the dark web who are patiently building out their attack one transaction at a time. Cybercrime a growing industry with 2018 estimations to be $9 Billion up from $5.3 Billion in 2017.
When it comes to technology and the mortgage industry, change is the name of the game. Technology has enabled automation, which has led to borrowers expecting around the clock accessibility. On today’s episode of LendTech Live, Michael Hammond, President of Nexlevel Advisors, shares his depth of knowledge in the lending industry and details how exceeding […]
It’s 2018 and it’s time for women to shatter the glass ceiling in every industry. Mortgage lending is no exception. How can you empower the women in your company to reach their full potential and continue to stay at the front of the pack? On today’s episode of LendTech Briefing, Tina Lindsey, Director of Sales […]
Most banks and credit unions are fighting for the same mortgage lending business and borrowers, but are they succeeding? No one likes to be bombarded with advertisements and offer emails, especially in mortgage marketing. So how do you promote your mortgage lending business and provide the optimal borrower experience without annoying your customers?