The staggering origination volume of 2020 was largely led by refinances. Most mortgage market forecasters are predicting that 2021 will be a purchase market. With many more touchpoints and players involved in a home purchase than a refi, lenders need to keep digitizing the entire mortgage process, including the closing.
Enter: eClosing. In this webinar, we'll provide the most current information on hybrid and full eNote eClosings, discuss the increases happening in eNote adoption, define the progression happening in eNotarization including RON, and discuss key criteria to successfully implementing your eClosing strategy.
For the past few years, low mortgage rates have fueled a housing market so hot that even a pandemic couldn't derail purchase originations. Record-breaking lending volumes led many lenders to tighten up their processes across every stage of the mortgage cycle.
Plaza Home Mortgage was no exception, as it sought to improve its property tax estimation process. This case study explores how the correspondent lender was able to reduce its property tax estimation time by upwards of 90% per loan, and, in turn, accomplished two vital goals: Faster turn times and happier clients.
The housing industry has not escaped the "Amazon Effect," where consumers expect fast, click-to-order service. In addition, consumers desire frequent, timely communication through multiple channels.
That's a tall order for an industry that is historically more transaction-focused than relationship-focused. This problem is magnified as we transition from a refi boom to a heavy purchase market. Join this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today's digital lending environment.
A commitment to improving minority access to homeownership has far-reaching, beneficial societal implications. Residential stability has been shown to correlate highly with improved health, net worth, civic engagement, educational achievements and childhood behavior patterns.
This white paper outlines a new paradigm for how lenders can increase homeownership—especially to under-served and minority households—that is driven by opportunity and forward-looking, market-based opportunity data.
2020 brought significant financial hardships for many consumers. While financial services institutions quickly recognized the need to support their customers with relevant product offerings, the organization's communication and data infrastructures often stood in the way of delivering the right messages at the right time.
Banks and lenders need a better way to deploy targeted, event-based email campaigns at scale. This white paper covers the right strategies to execute fast-acting campaigns, track results, and improve your bottom line – all while strengthening customer relationships.
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