Author: PROGRESS In Lending

Home PurchasesIn The News

LenderLogix Q3 2024 Homebuyer Intelligence Report Data: Homebuyers Hold Steady And “Wait For The Rate”

LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, released the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the third quarter (Q3) of 2024. Here’s what the report said:

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Borrower OutreachIn The News

Finotta Publishes New Guide, “Empathy Equals Growth”

Finotta, a provider of embedded fintech for digital banking, published its new guide, “Empathy Equals Growth: Retention and Profit Through Financial Wellness.” This free resource features insights from industry experts to provide financial institutions with the tools to build better relationships, enhance customer retention, and offer personalized experiences that cater to the diverse needs of today’s consumers.

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GSE UpdatesIn The News

Mortgage Lenders Can Now Meet Fannie Mae’s 10-Day Pre-Close VOE Requirements Using Informative Research’s AccountChek

Informative Research, a technology provider delivering data-driven credit and verification solutions to the lending community, announced that AccountChek supports new enhancements to Fannie Mae’s Desktop Underwriter (DU) validation service designed to streamline the digital pre-close verification of employment (VOE), significantly enhance overall efficiency and improve the borrower experience.

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