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Building Business Through Wealth
Any loan originator can earn $500,000 a year, according to one superstar. The secret to succeeding -- whether or not times are slow -- is focusing on helping prospective borrowers build wealth.
LOS Advancements
Recently launched loan origination technology promises to provide approved brokers with wholesale loan options as they input the application, though one competitor criticized the intrusive nature of the offering.
LOS, AU & Servicing Technology
While there was plenty of activity in servicing technology, improvements to front end applications dominated mortgage technology business during the latest week.
Best Web Sites
Despite tough times in real estate finance, the most savvy lenders are spending heavily on their Web sites, according to a new study. But plenty of mortgage sites could use some big improvements.
Trade Tech Talk
The latest news about mortgage technology innovations include announcements about electronic imaging, banking applications for wireless phone and anti-money laundering software.
Projecting Pipeline Profits
Calyx Software plans to release an update of its loan origination system this summer which it says will use data from the application pipeline to project revenues. But at least one competitor claims to already offer such services.
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