First Community Mortgage (FCM), a wholly owned subsidiary of First Community Bank of Tennessee, marked a significant milestone by fully implementing the Blue Sage Digital Lending Platform and LION Consumer POS. With this strategic move, the Murfreesboro-based lender has modernized its mortgage operational processes, boosted productivity and delivered an enhanced borrower experience for its customers.
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Floify, a point-of-sale (POS) solution, launched an integration with Truv, a consumer-permissioned data platform. The integration enables borrowers to electronically verify their income and employment as they apply for a mortgage loan.
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A&D Mortgage, a provider of mortgage lending solutions, has unveiled AIM, the next evolution of its existing Partner portal with AI integration. Short for Artificial Intelligence in Mortgage, AIM is set to revolutionize the mortgage industry, offering an even more streamlined and efficient experience for both brokers and borrowers.
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Mortgage applications increased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 12, 2024.
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LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, has 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 during the first quarter (Q1) of 2024.
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Top mortgage loan producer Andre Kahramanian has joined national mortgage lender Certainty Home Lending, a Guaranteed Rate Company.
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Nationwide Property & Appraisal, an appraisal management company, proudly announces the addition of Stephanie Shafer as Senior Vice President and Senior Account Executive.
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Mortgage applications increased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 5, 2024.
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With a shared commitment to redefine efficiency in mortgage product research and pricing, Take3Tech has completed a strategic partnership with Polly, a mortgage capital markets technology and operator of a scalable product and pricing engine (PPE). Through this highly requested integration, LOs that price loans with Polly can now access agency and investor guidelines in a single click. Early adopters cite the simplification of daily workflows and a more dynamic LO experience in comparison to legacy engines.
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Bank economists are growing more optimistic about the outlook for credit conditions over the next six months compared to the latter half of 2023, according to the American Bankers Association’s latest Credit Conditions Index released today.
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