STRATMOR: Are Lenders Getting What They Pay for with Sales Compensation?

STRATMOR: Are Lenders Getting What They Pay for with Sales Compensation?

July 26, 2023 - In its latest report, STRATMOR suggests ways lenders can tame sales costs, which represent more than half of the cost to originate a mortgage loan July 27, 2023 – GREENWOOD VILLAGE, Colo., – With the cost to originate a mortgage at an all-time high, it’s time for lenders to revisit their compensation plans. That’s the…

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Snapdocs Introduces First-of-its-Kind Integration to Streamline Coordination Between Mortgage Lenders and Settlement Companies

July 24, 2023 - By integrating the Snapdocs eClose and Notary Scheduling platforms, Connected Closings delivers transparency to all parties and accelerates closing speed by at least 1.5 days July 24, 2023 – SAN FRANCISCO – Snapdocs, the mortgage industry’s leading digital closing provider, has launched Connected Closings, a first-of-its-kind integration between the Snapdocs Digital Closing and Notary Scheduling…

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Summit Funding, Inc. Hires Three Former Movement Mortgage Leaders

July 20, 2023 - Deran Pennington, Chris Shelton and Matt Schoolfield join growing privately-held lender, expanding company’s East Coast footprint July 20, 2023 – Sacramento, Calif. – Summit Funding, Inc., a privately held nationwide mortgage banker and servicer, announced it has expanded its East Coast footprint by hiring three former leaders from Movement Mortgage. As divisional leaders based in…

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New American Funding Replaces Proprietary CRM with Bonzo

July 13, 2023 - CEO of leading mortgage lender and servicer calls Bonzo ‘the best,’ says he would invest in firm July 13, 2023 – COLUMBUS, Ohio – Bonzo, a relationship management automation provider that slashes the time mortgage and real estate professionals spend communicating with prospects, announced that New American Funding (NAF), a leading independent mortgage lender and…

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