With the rise of digitization, online hackers have more opportunities to get their hands on your data than ever before. Over 1,000 data breaches were reported in 2020 alone. Even companies with robust security systems are vulnerable. For example, Equifax’s 2017 data breach placed 147 million Americans’ personal information at risk. If your data is exposed in a data breach, … Read More
Insights
This is a crowdsourced article. Contributors are not necessarily affiliated with this website and their statements do not necessarily reflect the opinion of this website, other people, businesses, or other contributors. “Alexa, help me find a great mortgage rate.” It’s hard to believe that just a few years ago, we had to call several banks and spend hours on … Read More
In what way does technology affect the mortgage process?
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The mortgage market is made up of two segments: the primary mortgage market and the secondary mortgage market. Many home buyers are only aware of the primary mortgage market because it’s the one they engage with directly. However, lenders participate heavily in both markets. Without the support of the secondary mortgage market, lenders wouldn’t be able to extend nearly as … Read More
How the Secondary Loan Market Works
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The mortgage and credit reporting industries are changing. What used to be considered a commodity, is now anything but! Today, a credit score is about people, families, and lasting memories. To support not only the modern, digital mortgage process but also this emotionally charged buying decision, it takes more than innovative products and technology. It takes a heart and people-focused … Read More
The More Than Just a Score Culture
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How You Can Boost Your Credit Score by Becoming an Authorized User Is your credit score lower than you’d like it to be? Or do you have a limited credit history? If so, you aren’t alone. Whether you are young and have not built credit yet or you just have not had an opportunity to prove your creditworthiness yet, thousands … Read More
How You Can Boost Your Credit Score by Becoming an Authorized User
Insight
As a mortgage lender, you’re always on the lookout for new leads and new ways to cultivate a steady stream of new opportunities that enables you to sustain and grow your business. Due to the competitive nature of the mortgage industry, you need to have strategies in place to capture the attention of aspiring homeowners and convince them that you’re … Read More