Entries by Progress In Lending

Sun West Mortgage Cites CRM Platform Flexibility For Successful Multi-Channel Implementation

Sun West Mortgage Company (Sun West) has launched OptifiNow’s cloud-based CRM and marketing automation platform for wholesale, distributed retail and their all new Home Buyer Connect (HBC) mortgage lending channels, demonstrating multi-channel flexibility that simplifies sales and marketing management for the Southern California-based lender.  Featured Sponsors:   “Supporting multiple lending channels is a challenge for […]

January New Home Purchase Mortgage Apps Increased 35.3%

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2020 shows mortgage applications for new home purchases increased 35.3 percent compared from a year ago. Compared to December 2019, applications increased by 40 percent. This change does not include any adjustment for typical seasonal patterns.  Featured Sponsors:   MBA estimates new single-family […]

Wipro Gallagher Solutions Upgrades LOS With URLA Reqs

 Wipro Gallagher Solutions (WGS), a Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) company and a provider of loan origination software solutions, today announced that NetOxygen LOS is fully compliant as per URLA requirements and is ready for the Start of Required Use. Featured Sponsors:   With application screens created to meet URLA requirements and automation to […]

Research Shows That Fintech Partnerships Are A Key Growth Strategy For Banks And Credit Unions In 2020

Financial institutions are making fintech partnerships a key priority in 2020, according to new research from Cornerstone Advisors. In What’s Going On In Banking 2020: Outlook for a New Decade, 65 percent of banks and 76 percent of credit unions say these partnerships will be an important part of their business strategies this year. Featured Sponsors:   […]

MAXEX Accelerates Secondary Market Liquidity With Integration

MAXEX, providers of a digital mortgage exchange to enable buying and selling residential loans through a single clearinghouse, has completed a strategic integration with Ellie Mae Encompass Investor Connect. For the first time ever, Ellie Mae originators seeking to optimize their liquidity options can deliver data and documents directly to MAXEX without ever leaving Encompass. Featured […]

New Features Make Calyx Software More Interactive For Borrowers

Calyx has enhanced Zip, the company’s point-of-sale (POS) platform, with several new features including the ability for borrowers to upload documents and an interactive Borrower Dashboard to provide more visibility into the loan process. Featured Sponsors:   Zip is an affordable, easy-to-use loan interview platform that loan originators can deliver to prospective borrowers via a […]

Churchill Mortgage Has Record Success In 2019

 Churchill Mortgage, a lender providing conventional, FHA, VA and USDA residential mortgages across 46 states, announced today that the company saw record success in 2019. Featured Sponsors:   With the Federal Reserve lowering rates three times in 2019, the mortgage industry was presented an opportunity for growth. Seizing the lower rate environment, Churchill Mortgage experienced a 40 […]

Mortgage Delinquencies Decrease In Q4 Of 2019

The delinquency rate for mortgage loans on one-to-fourunit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.  Featured Sponsors:   The delinquency rate was down 20 basis points from the […]

Nationally Chartered Commercial Bank Will Leverage Loan Servicing Technology

Seaside National Bank has chosen technology from BSI Financial Services to enhance its loan servicing delivery. Seaside will use BSI Financial Services’ loan servicing platform powered by BSI ASSET360TM, an advanced analytics and reporting technology that provides daily quality assurance reporting on 100 percent of the loans in Seaside’s portfolio. Featured Sponsors:   Seaside is […]

Commercial/Multifamily Borrowing Climbed To A New High To Close Out 2019

A 7 percent increase in commercial and multifamily mortgage originations in the fourth quarter of 2019 capped off what was a strong 2019 for the market, according to preliminary estimates from the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, released here today at the 2020 Commercial Real Estate Finance/Multifamily Housing Convention & […]