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Lenders offer pricing promos in anticipation of a hot market

Mortgage lenders are rolling out new promotions as they compete for borrowers in a fluctuating rate environment, with both refinancing and purchase incentives becoming more common. Processing Content United Wholesale Mortgage recently introduced two offers: one providing a 75 basis point boost on conventional and government refinancings, and another offering a $600 appraisal credit for […]

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Trigger lead limits push lenders toward new marketing

With trigger leads exiting the scene, mortgage originators are seeking new ways to improve their consumer marketing. Industry groups and companies are stepping in to fill the gaps left as traditional training programs have disappeared with downsizing. Processing Content “The companies used to train people, but as companies downsize, those have gone by the wayside,

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‘Software will get liberated’: How to survive the SaaSpocalypse

A few weeks ago, Peter Chapman was contemplating subscribing to software that would let his bank automate the enhanced due diligence required for some of its high-volume business customers.  Processing Content “We’ve got a person who will pull the application, go out to the Office of Foreign Assets Control government watch lists and external data

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