06.29.17

Originations Trends, Will They Continue to Decline?

Recently published data reflects declining originations, however; is a different story beginning to emerge? For example, the Monitor Report recently published by Black Knight Financial Services, showed that overall mortgage originations took a dive by nearly 35 percent in the first quarter of 2017. The report also disclosed other statistics of potential concern, including the fact that refinance originations dropped by 45 percent (a 20 percent drop from last year) and the amount in first-lien mortgages originated decreased by 9 percent to settle at the lowest point since the end of 2014.

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08.30.16

How to Ensure a Solid eSignature Experience

For most industries in which signing on the dotted line concludes the transaction, putting a solid eSignature experience in place is pretty straightforward. Many companies simply push a signature pad across the desk instead of a paper document. Things aren’t quite that simple in the mortgage business. Here, we ask borrowers to sign many documents throughout the entire mortgage process. Some of the docs must be executed early in the process, others at least three days prior to close and then even more at the closing table. Establishing a consistent, easy-to-use, seamless eSigning experience for the borrower across the entire mortgage origination timeline has been problematic in the past. Not anymore.

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08.09.16

3 Things Consumers Demand for an Optimal Signing Experience

In every person’s life there are significant moments that will stick with them forever--graduating high school, moving out of Mom and Dad’s house, purchasing their first car and of course buying their first house. While the process of buying a home can be one of the most exciting times in a person’s life, today’s complicated home buying process can quickly put a damper on the situation.

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06.16.16

Helping Lenders Keep Borrowers Buoyant

Buying your first home is a very exciting time. Nothing is quite the same as standing on the sidewalk in front of your new home and knowing that you hold the keys to your dream. But, as a colleague of mine once pointed out, “What’s not so exciting is looking at how much it’s going to cost you, and thinking that moving back into your parent’s basement isn’t such a bad idea after all.”

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04.12.16

The importance of borrower experience in mortgage lending

Getting a mortgage is a big deal. You’d think all lenders would recognize this and make extra effort to ensure the borrower experience is as smooth as possible. But just do a little online research, and you’ll learn that most lender reviews and blog posts reveal that the majority of borrowers are unhappy, dissatisfied customers. 

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