Talk Data to Me: The Interplay Between Forbearance, Foreclosures, and Bankruptcy – Trends and Economic Indicators to Watch with Scott Fink and Ben Hoen of Weltman The current economic situation has left many individuals worried about the potential of facing foreclosure or bankruptcy. With growing uncertainty surrounding employment, income, and overall financial stability, it’s no surprise that people (and servicers) … Read More
As a mortgage lender, satisfying your borrowers can lower your customer acquisition costs, boost your reputation and revenues, and increase your referrals. You can cultivate a happy, loyal customer base by prioritizing clear communication and exceeding borrowers’ expectations. On the flip side, unsatisfied borrowers can harm your reputation and retention rate. Negative feedback and reviews can spread fast, making it … Read More
From growing expenses and declining revenue to the impacts of increasing consumer debt and decreasing creditworthiness, competing in today’s mortgage market is more challenging than ever before. Join experts from Certified Credit and the Capital Markets Cooperative, as they provide valuable insights and strategies to help lenders, like you, stay ahead of the competition and qualify more borrowers despite these … Read More
Technology has transformed the way people do business in nearly every industry. But, while digital transformation in the mortgage industry has been slower than some, it’s quickly accelerating. Artificial intelligence (AI) and automation, in particular, have the potential to skyrocket mortgage lenders’ productivity, profitability, and borrower experience. Even so, many lenders are unsure of how to strike the balance between … Read More
Owning a home is still a cornerstone of the American dream. A 2022 Bankrate survey found that Americans view homeownership as the highest indication of prosperity.[i] They ranked homeownership above having a career, children, or a college education. If you want to become a homeowner for the first time, you probably have a lot of questions about the home-buying process. … Read More
From the latest in automation to improving the digital borrower experience, we are covering all things ICE Mortgage Experience23. In this episode of Talk Data to Me, we sit down with SVP of Product Development, Ron Carlson, to discuss key takeaways from Encompass’ Experience23 and explore the pressing issues facing the mortgage industry today. Throughout our conversation, we look at … Read More
