Selling loans on the secondary market gives lenders the chance to free up their capital for more originations. In turn, they can scale up their businesses and boost their profits. However, not all loans qualify for secondary market participation and even some that do can result in repurchase demands or buy-backs if you don’t adhere to the investor’s requirements. So, … Read More
Talk Data to Me: AI, Automation, & the Human Element with Jen Peachman Automation and Artificial Intelligence (AI) are changing the way we do business not only in the mortgage industry but globally. But, digital transformation isn’t an easy process and many lenders fear that they may be falling behind. In this episode of Talk Data to Me, we discuss … Read More
In the world of real estate, property valuation is an essential process. It’s used during tax assessments, mortgage originations, and more. Historically, traditional, in-person appraisals have been used to generate property valuation estimates. However, a new data-driven approach has been gaining traction in recent years: Automated valuation models (AVMs). AVMs provide quick estimates that allow lenders to ensure the accuracy … Read More
Certified Credit hosts live demonstrations of their Cascade suite of automated mortgage lending solutions, designed to innovate and accelerate originators’ workflows at the ICE Experience 2023 conference in Las Vegas, Nevada. Each year, ICE Mortgage Experience brings together thousands of mortgage professionals, industry experts, and Encompass Users to discuss the latest technologies and emerging tech trends. This year’s conference is … Read More
Talk Data to Me: Mitigating the Impact of Undisclosed Liabilities & Repurchase Demands Evaluating a borrower’s ability to repay their mortgage is crucial for lenders to accurately assess the risk of each mortgage originated. But, this issue not only impacts the lender, but it also impacts Brokers and Non-Delegated Correspondents. In this episode of Talk Data to Me, we are … Read More
When it comes to mortgage lending, tri-merge credit reports are the gold standard.[i] These comprehensive credit reports combine credit data from all three of the major credit bureaus: TransUnion, Equifax, and Experian. By offering a more complete picture of a borrower’s credit history, tri-merge credit reports can enhance mortgage lenders’ and underwriters’ confidence in their lending decisions. So, how can … Read More
