STRATMOR: User Adoption is the Key to Success with Digital Mortgage Technology

STRATMOR: User Adoption is the Key to Success with Digital Mortgage Technology

February 20, 2020 - The latest Insights Report takes a look at how much and where lenders are investing in digital technology and provides guidance on making the most of their investments February 20, 2020 – GREENWOOD VILLAGE, CO – Residential mortgage lenders are spending more on technology to improve the origination process for borrowers, but are not seeing…

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Paradatec Achieves 100 Percent Automated Loan Onboarding

February 20, 2020 - Company’s unique AI-based technology allows mortgage servicers to ingest entire loan portfolios in hours instead of weeks February 20, 2020 – Cincinnati, OH – Paradatec, Inc., a leading provider of AI-based document classification and data extraction technology for mortgage file processing, announced it has achieved 100 percent automated onboarding of mortgage servicing rights (MSR) files,…

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Hispanic Homeownership Rate Increases for Fifth Consecutive Year

February 18, 2020 - U.S. saw 277,000 new Hispanic homeowners in 2019, now accounting for more than 80% of the growth in U.S. homeownership since 2009  February 18, 2020—SAN DIEGO—  The homeownership rate among Hispanics increased for the fifth consecutive year in 2019 as Hispanics continue to be the primary driver of growth in the nation’s housing market, according…

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Spring EQ Hires Gregory Gentek as Senior Vice President of Sales

February 18, 2020 - Former Genpact president to grow home equity lender’s sales team and support development of affinity partnerships  Feb. 18, 2020 – PHILADELPHIA – Spring EQ, a leading nationwide second mortgage lender that is using technology to change the way consumers access their home equity, announced that Gregory Gentek has joined the company as senior vice president…

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CBC Mortgage Agency’s Average Customer Gains $27,000 in Home Equity

February 10, 2020 - Nearly $500 million in aggregate wealth created due to down payment assistance Feb. 10, 2020 – CEDAR CITY, Utah – Homebuyers who utilized down payment assistance (DPA) from CBC Mortgage Agency (CBCMA) have realized an average increase of nearly $27,000 in their home’s value, according to an internal analysis conducted by CBCMA, a nationally chartered…

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Seaside National Bank Selects BSI Financial to Provide Loan Servicing and Automated Quality Assurance

February 7, 2020 - Nationally chartered commercial bank will leverage loan servicing platform powered by BSI ASSET360 advanced reporting and QA technology  February 7, 2020 –Irving, Texas – BSI Financial Services, a mortgage-centric financial services company, announced that Seaside National Bank has chosen its technology to enhance its loan servicing delivery. Seaside will use BSI Financial Services’ loan servicing…

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Freedom Mortgage Has Record Year Supporting Homeownership and Philanthropy

January 29, 2020 - In 2019, mortgage lender set records in home financing and community giving January 29, 2020 – Mount Laurel, NJ – Freedom Mortgage, one of the nation’s largest full-service non-bank mortgage companies and a leader in VA and government-insured lending, completed an outstanding year of mortgage lending and community giving in 2019, breaking records both in…

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CBC Mortgage Agency Celebrates 5 Years Providing Down Payment Assistance

January 27, 2020 - Company finds average borrower gained more than $25,000 in wealth as a result of using DPA for home purchase Jan. 27, 2020 – CEDAR CITY, Utah – CBC Mortgage Agency, a nationally chartered housing finance agency and a leading source of down payment assistance (DPA) for first-time homebuyers, is celebrating its five-year anniversary. For a…

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Ryan Brown Joins Danvers, Massachusetts Branch of Mortgage Network

January 22, 2020 - New loan officer says the Boston area housing market is very competitive January 22, 2020 –DANVERS, MA – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., announced Ryan Brown has joined the company’s Danvers, Massachusetts branch as a loan officer. In his new role, Brown will help residents in…

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Chris Lane Joins Mortgage Network’s Bluffton, South Carolina Branch

January 21, 2020 - Company’s newest loan officer and longtime resident ready to help buyers and homeowners take advantage of favorable market to meet their home financing goals January 21, 2020 – DANVERS, MA – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., announced Chris Lane has joined the company’s Bluffton, South Carolina…

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