Mortgage Cadence’s Cate Dalton to Lead mPower Webinar
Register below for Cate Dalton’s mPower webinar on emotional intelligence!
Our ideas, thoughts & musings on profitable lending.
Featured Post
Compliance
URLA’s Impact on Borrower Trust
“But that may not be the most significant risk lenders face as URLA’s changes begin to go into effect in a few months. The biggest impact is likely to involve trust issues with mortgage borrowers.”
June 21, 2019
Executive Strategy
Focus on Productivity
“Just a small increase in Productivity yields significant increases in profitability.”
April 25, 2019
Compliance
5 Things You Haven’t Considered about URLA
We expect this change to be more significant for the industry overall than TRID. Those that don’t take this change seriously may learn that truth the hard way. Are you ready?
April 17, 2019
Cost-to-Close
Why High Performance Equals Competitive Advantage
“Every $1,000 saved in production costs could be used to decrease rates by as much as 10 basis points. This constitutes a fantastic competitive advantage to the lender who understands how to achieve a low cost-to-close.”
April 4, 2019
High Performance Lending
2019 HousingWire Tech100 Winner
Mortgage Cadence selected as a HousingWire Tech100 2019 Winner
April 1, 2019
Executive Strategy
Management by Educated Guess
“One thing we all know is the cost of making a mortgage has never been higher. We’ve watched it more than double over the last ten years. At the same time, productivity, the closest performance indicator cousin to cost-to-close, has never been lower.”
March 28, 2019
Borrower Share
Dan Green On High Performance Lending Metric #3
“This is critical for lenders who want to grow their businesses this year because the battle for borrower share is a zero-sum game.”
March 25, 2019
Executive Strategy
Taking the Guesswork Out of Lending Performance
“It also offers evidence of the high cost of complying with the numerous complex regulations our industry is subject to today.”
March 25, 2019
Digital Mortgage
The Math Behind High Lender Performance
“Some of the lenders that have participated in our study since the beginning have improved their performance every year.”
March 21, 2019
Executive Strategy
High Performance Metric #2: Pull-Through
“When lenders spend resources to get borrowers to prequalify but then do not follow up in order to get the deal once the borrower finds a home, they are leaving money on the table.”
March 20, 2019
High performance lending begins when your team is focused on being great brand ambassadors who really care about getting your borrower into their home faster, with less frustration.
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