Entries by Progress In Lending

December New Home Purchase Applications Increased 38.7% Year Over Year

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2019 shows mortgage applications for new home purchases increased 38.7 percent compared to December 2018. Compared to November 2019, applications decreased by 5 percent. This change does not include any adjustment for typical seasonal patterns.  Featured Sponsors:   “The sizeable year-over-year increase in […]

STRATMOR Details Tactics Lenders Can Use To Create Happier Customers

In the latest issue of its monthly Insights Report, STRATMOR Group, a data-driven advisory firm for the mortgage industry, provides tactics lenders can follow to greatly improve the borrower experience. Featured Sponsors:   The January Insights Report features STRATMOR MortgageSAT Director Mike Seminari’s article, “The Seven Commandments for Optimizing the Customer Experience,” in which Seminari discusses critical findings […]

Doc, LOS And Servicing Players Integrate To Further Digital Lending

Docutech, a provider of document, eSign, eClose, and print fulfillment technology,  announce an agreement of integration for dynamic document and digital mortgage capabilities with MortgageFlex Systems, a loan origination software (LOS) and servicing provider. Once live, the integration will enable lenders utilizing MortgageFlexONE to generate loan documents through Docutech’s ConformX dynamic document engine and enable relevant documents for eDelivery, eSign, and eClose through Docutech’s Solex platform.   Featured Sponsors:   “As we continue to grow and extend our reach in the mortgage industry, we’re focused on improving the experience for borrowers while decreasing origination […]

Vendor Launches Dynamic Demand Generation Program

Monster Lead Group, a provider of direct marketing technology, data, and creative that drives mortgage lending growth, is proud to unveil its new offering called The Monster Way.  The Monster Way is an 8-week dynamic demand generation program for lenders looking to scale their business dramatically.  Featured Sponsors:   The Monster Way combines leading-edge technology, advanced […]

Industry Vet Joins LOS As COO

Blue Sage Solutions, developers of the Blue Sage Digital Lending Platform, a browser-based, end-to-end mortgage platform, announced today that David Aach has joined the company as chief operating officer. In this role he will focus on increasing the company’s relationships with industry partners, clients and prospects. Featured Sponsors:   Prior to Blue Sage, Aach led […]

Veros Predicts That Home Appreciation Will Continue This Year

Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced that Q4 2019 VeroFORECAST™ data indicates an average projected appreciation rate for residential real estate in the nation’s Largest 100 Housing Markets will be up 3.9% for the year ending December 31, 2020. This forecast is slightly higher than […]

OptifiNow Unveils Advanced Reporting And Business Intelligence Engine

OptifiNow announced today the unveiling of their Insights onDemand business intelligence engine, a reporting and analytics tool built into their flagship OptifiNow CRM platform. BI Insight combines sales and marketing data managed in the OptifiNow CRM with external data sources to provide a 360-degree view of business performance. Insights onDemand is included with the CRM […]

Millennial Refinance Activity Slows

The share of refinances closed by millennials decreased in November 2019 as interest rates on 30-year loans climbed. According to the latest Ellie Mae Millennial Tracker, 31% of loans closed by millennials in November were refinances, down 3% from the month prior. This marks the first month-over-month decrease for refinance share since May 2019. Featured Sponsors: […]

Acquisition Expands Quote To Order Capabilities And Enables Digital Mortgages

ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, and WEST, a Williston Financial Group Company and leading provider of technology and services to REALTORS®, brokers, title companies and mortgage lenders, announced today that ClosingCorp has acquired WESTvm, an innovative order management solution, from […]

Amerifirst Taps Mortgage Vet As New CFO

Amerifirst Home Mortgage, a division of Amerifirst Financial Corporation, announces the appointment of Robert Truitt as Chief Financial Officer (CFO). Truitt joined the company January 1 and is based at the company’s headquarters in Kalamazoo, Michigan.  Featured Sponsors:   Truitt most recently served as CFO of Flagstar Bank’s Mortgage Division where he oversaw financial statement preparation, budgeting, […]