If you’re a Realtor or loan officer advising today’s homebuyer, your role has never been more important, or more misunderstood. Many buyers are sitting on the sidelines with the same belief: “I’m going to wait until interest rates come down.” On the surface, that sounds reasonable. But as professionals, it’s our responsibility to help clients […]
The myth of the “perfect market” and the cost of waiting Read More »
Mortgage servicers and their partners need dashboards for speed and transparency. Interactive dashboards are a practical application of business intelligence (BI) technology, designed to make data accessible and actionable for day-to-day decisions. Microsoft Power BI and similar platforms allow users to filter, drill, and visualize data in an interactive way. Many leading dashboard platforms also
Interactive dashboards: A move from optional to essential Read More »
New American Funding (NAF) expanded its Midwest footprint with the launch of One Goal Mortgage powered by NAF, a new branch serving the Omaha, Nebraska, metro area and southwest Iowa, the company announced this week. The move gives the California-based independent mortgage lender its first physical branch presence in Nebraska. The One Goal Mortgage team
New American Funding adds One Goal Mortgage Read More »
loanDepot announced Thursday that it has formed a strategic partnership with Figure Technology Solutions to power a new “express-path” home loan product through loanDepot’s mello platform. Under the agreement, loanDepot will integrate Figure’s proprietary credit and loan underwriting engine into its mello technology stack and point-of-sale system. The integration is designed to allow loanDepot to
loanDepot, Figure team up on streamlined home loan and equity products Read More »
Philadelphia-based RenoFi announced Wednesday that it has hired Brandon Silvia as executive vice president and national production leader, moving to the renovation financing platform from top-10 U.S. mortgage lender Rate. Silvia will oversee all sales and production operations nationwide, with a mandate to scale volume, grow RenoFi’s originator network and boost adoption of its artificial
RenoFi hires Brandon Silvia to drive renovation lending growth Read More »
Better.com says that its new integration with ChatGPT is more than a flashy plugin. According to CEO Vishal Garg, it’s a tool that could shift how mortgage technology is distributed and adopted across the industry. In early March, Better announced the conversational credit decision engine that allows lenders to run underwriting through ChatGPT using its
Better bets on ChatGPT as the new front door for origination Read More »
PartnerOne has completed its acquisition of Mortgage Cadence, adding another long-standing mortgage technology platform to the portfolio of the global enterprise software group, the company announced Thursday. Terms of the deal were not disclosed. The transaction was previously announced as an agreement with Accenture to sell Mortgage Cadence, which provides a cloud-based digital lending platform
PartnerOne finalizes acquisition of Mortgage Cadence Read More »
NEXA Lending announced Friday that it’s developing a new initiative aimed at allowing loan originators to participate in recurring income tied to the long-term performance of the loans they originate. The initiative, described as a “servicing-aligned income model,” is expected to begin rolling out as early as July 2026, the company said. The program centers
NEXA Lending targets recurring income model for loan originators Read More »
Most mortgage companies have gotten very good at recruiting. You can measure recruiting. You can count heads. You can show momentum on a spreadsheet and call it growth. Development is harder to quantify. It takes time, structure, and discipline, especially when the market is moving and everyone is tempted to chase short-term volume. But if
How mentorship, not recruiting alone, builds strong loan officers Read More »
U.S. Sen. Josh Hawley (R-Mo.) has opened an investigation into Fair Isaac Corp. (FICO)’s pricing practices in the mortgage industry and is urging Federal Trade Commission (FTC) Chairman Andrew Ferguson to do the same. FICO dominates the credit scoring market for mortgage lenders, largely due to decades of exclusive acceptance for loans sold to Fannie
Missouri senator opens investigation into FICO’s mortgage credit score pricing Read More »