Podcast: How Has Market Conditions Impacted LOS Selection?
Welcome to the Lending Buzz, the podcast that gives you the latest news, trends, insights and strategies to help you grow your business. Check it out …
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Author: PROGRESS In Lending
Zions Bancorporation Achieves 75% Hybrid Digital Closing Adoption After Just One Month With Snapdocs
Snapdocs announced a collaboration with Zions Bancorporation (NASDAQ: ZION) to digitize the lender’s mortgage closings. The Zions network of banks selected Snapdocs for its unmatched ability to drive high digital closing adoption, optimize operational efficiency, and provide flawless experiences for loan officers, settlement partners, and borrowers.
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MBA Promotes Amber Lawrence To Vice President Of Diversity, Equity, And Inclusion
The Mortgage Bankers Association (MBA) announced that Amber Lawrence has been promoted to Vice President of Diversity, Equity, and Inclusion (DEI). In her elevated role, Lawrence will oversee organizational-wide strategic DEI programs, assist teams in implementing equitable practices, partner with leadership to develop policies that promote inclusivity, and lead member-facing DEI initiatives.
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ATTOM’s Q3 2024 U.S. Home Affordability Report Shows More Of The Same
ATTOM released its third-quarter 2024 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the third quarter of 2024 compared to historical averages in 99 percent of counties around the nation with sufficient data to analyze. The latest trend continues a pattern, dating back to early 2022, of home ownership requiring historically large portions of wages as U.S. home prices keep reaching new highs.
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OptifiNow Empowers Arc Home LLC With CRM Implementation To Enhance Sales And Marketing Efficiency
OptifiNow, a provider of CRM software and services, announces the successful deployment of its platform with Arc Home LLC, a top-tier non-QM wholesale lender. Headquartered in Moorestown, New Jersey, Arc Home is recognized nationwide for its leadership in Non-QM lending, setting industry standards with exceptional customer service and competitive pricing.
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Bank Economists: Soft Landing Remains Likely, But Risks Remain
The American Bankers Association’s Economic Advisory Committee expects moderating inflation to enable the Federal Reserve to reduce the federal funds rate and support an ongoing economic expansion, according to the latest forecast.
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Ncontracts’ VP Of Compliance Stephanie Lyon And Founder & CEO Michael Berman Publish New Book, The Upside Of Compliance
Ncontracts, a provider of integrated compliance, risk, and vendor management solutions to the financial services industry, is pleased to announce the release of a new book, The Upside of Compliance: Empowering Financial Institutions to Thrive.
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HarborOne Mortgage Joins Forces With Calque To Launch Innovative Buy Before You Sell Solutions
HarborOne Mortgage, a mortgage provider serving the Northeast since 1983, has partnered with Calque to offer its borrowers cost-effective ‘buy before you sell’ solutions like The Trade-In Mortgage and the Contingency Buster. These innovative loan options allow homeowners to purchase a new property without needing to sell their existing property first.
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STRATMOR Stresses The Value Of ‘Sharing Your Story’
In its September Insights Report, STRATMOR Group a mortgage advisory and consulting firm, demonstrates how lenders who share their stories with borrowers and teammates are better able to create strong relationships, retain leads, recruit top talent and even drive revenue.
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Mortgage Application Payments Decreased 3.9 Percent To $2,057 In August
Homebuyer affordability improved in August, with the national median payment applied for by purchase applicants decreasing to $2,057 from $2,140 in July. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).
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