At this year’s MBA Accounting and Financial Management conference, there was a lot of talk around what to expect in 2020. With the upcoming election and talks of a trade war, many in the industry are wondering if we will see a rise in interest rates or if this election year will be similar to …
Mortgage originations have risen substantially since the depths of the financial crisis and the market is doing very well at the moment. However, while the markets are up and interest rates are down, IMBs need to be aware that they could turn very quickly. The number of warehouse lenders in the industry increased with the …
5 Things to Look for in a Residential Mortgage Warehouse Lender Read More »
For the past six years, we’ve been training others to use the Loan Vision system and we’ve learned that the best way to help customers get the most out of it is to continually educate them. This education helps keep the customers informed of updates and changes, as well as keeps the communication chain open …
Children returning to school and dreaming of fall weather may be on your mind currently. Fast approaching is the 2020 budget, interest rate changes, and what could potentially be the true cost to originate a loan. For the latter, mortgage companies are considering a more efficient use of internal technology while making it easier to …
Considering an Unlikely Tax Provision to Your Advantage in the Mortgage Industry Read More »
One of the big issues that drive people to the Loan Vision system is our functionality around the loan importing process. Regardless of the system they migrate from, 9 times out of 10 lenders are either hand keying the loan level LOS data or are manipulating and manually balancing and importing spreadsheets exported from their …
5 Benefits to Automating the Loan Import Process Read More »
Many software companies have a routine implementation process that has been developed over a number of years. These processes are a direct result of the successes and failures of past implementations, and while a solid process is important, what can make or break an implementation is you – the customer. Below, we’ve given five tips …
In case you haven’t heard, there are massive changes coming to how leases are accounted for. While I was doing some research into the changes, I noticed that a lot of companies that will be affected haven’t begun to take them seriously or think it won’t cause too much disturbance. While this is partially true, …
Your Role in Keeping Company Data Safe Unless you are an IT professional, you’re probably unfamiliar with the detailed ins and outs of how technology systems operate. But in this technology-based modern age, it’s critical that all employees understand their role in protecting data. Ninety-three percent of companies that lost their data for 10 days …
The Loan Vision User Conference was created from the desire of our customers. It’s an opportunity for them to learn with and from each other. That was almost three years ago and since then we’ve almost doubled in size, as a company and in customers. This year, we’re traveling farther than we have before, to …
What type of person are you? You hear all the time “there are two types of people in this world..” which is then usually follow by a statement describing polar opposites that are funny or witty. While not quite as humorous, I’ve found the mortgage industry is comprised of people who want to innovate and …
Three Signs Vendor Loyalty is Hurting Your Business Read More »
