Author: PROGRESS In Lending

ExpansionIn The News

STRATMOR Group: Winning Strategies For Banks To Reclaim Market Share

In its May Insights Report, STRATMOR Group explores the opportunities available for financial institutions such as banks and credit unions in the current tough mortgage market. According to STRATMOR, there are several strategies banks can work on right now that don’t directly relate to pricing discipline, cost cutting or operational efficiency, but that can move the dial in terms of gaining market share and improving profitability.

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ExpansionIn The News

Optimal Blue Launches ‘Optimize Your Advantage’

Optimal Blue launched its Optimize Your Advantage campaign in advance of the MBA Secondary and Capital Markets Conference. This brand initiative highlights the value and innovation the company delivers to clients. Through Optimal Blue’s position as the housing industry’s only end-to-end capital markets platform, lenders and other market participants have greater control of their profit margins, giving them distinct advantages, regardless of market conditions. In turn, they are better positioned to make housing finance accessible to more American borrowers.

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Execs On The MoveIn The News

Dark Matter Appoints Former Ellie Mae Exec Vikas Rao As Deputy Chief Product Officer

Dark Matter Technologies (Dark Matter) announced the appointment of Vikas Rao as deputy chief product officer. Reporting directly to Chief Product Officer Stephanie Durflinger, Rao is charged with overseeing enhancements to the Empower® loan origination system (LOS) and establishing Dark Matter’s developer community, which will help lenders embed automation deeper in their origination workflows and more tightly integrate their systems using open application programming interfaces (APIs) and widgets.

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