While many mortgage experts are making predictions for 2023, only time will tell how this year will go for lenders. Home prices are projected to go down soon, but the looming recession may still hinder some homebuyers’ readiness. The demand for new mortgages will likely hinge on the direction of interest rates in the coming months.[i] Despite the uncertainties, there … Read More
As 2022 wraps up, many lenders may be wondering what they can do to strengthen their businesses in the coming year. Despite the tough market conditions, there are still many opportunities for growth. We learned about some of these opportunities while interviewing industry experts at the 2022 Annual Mortgage Bankers Association (MBA) Conference. Several of these conversations centered around the … Read More
At Certified Credit, we believe that the mortgage industry is about more than just a score—its strength lies in its relationships. With this in mind, we’re always eager to connect with other mortgage professionals. Through this collaboration, we’ve been able to develop innovative solutions to some of mortgage lenders’ most pressing challenges. However, we didn’t want to keep our inter-industry … Read More
In many ways, this year was a tough one for the mortgage industry. The refinance boom came to an end, interest rates soared, and mortgage lenders struggled to maintain the same level of business they enjoyed in 2021. This year was also characterized by exceptional technological advancements and collaborative problem-solving. Thus, there are still many reasons for mortgage lenders to … Read More
Technology can make many aspects of the mortgage business more efficient, cost-effective, and convenient for borrowers and lenders alike. Since mortgage technology is such a significant topic these days, we asked several industry experts at the Mortgage Bankers Association (MBA) Annual Conference to share their thoughts about data, predictive modeling, automation, and technology development. Below, we’ll summarize the key insights … Read More
Since the mortgage market is constantly changing, many lenders may be wondering what to expect from 2023. What’s more, they may be looking for ways to set their business up for success this coming year. To answer these questions, the Certified Credit team interviewed several industry experts at this year’s Mortgage Bankers Association (MBA) Annual Conference in Nashville, Tennessee. During … Read More
