“Knowledge is knowing a tomato is a fruit. Wisdom is not putting it in a fruit salad.” What a gift it is to be able to read. Where are you reading this commentary? (Don’t respond, it was rhetorical. Trust me, I hear all kinds of things.) If you’re sitting in the office, you might be the only one there. Being in the office on a Friday has apparently become passe. What hasn’t become passe is financial literacy, whether it is for children or homebuying adults. What about loan originator financial literacy? Want to elevate your team’s financial literacy? No, this is not a paid ad, but if you want to have your loan officers delivering real-time insights and education to clients, members, partners, and past clients, consider reaching out to the Mortgage Market Guide. MMG has been helping thousands of the most productive loan officers for over 20-years. Besides breaking down the daily noise in the markets and rates, so it is easy to understand and convey…MMG also has tools to engage your realtor network. Contact Chief Market Analyst Bill Bodnar for more information. (Today’s podcast is available here and this week’s is sponsored by EarnUp, an award-winning, consumer-first technology payments platform where originators and servicers can provide a borrower experience with flexible payment options that reduce risk and improves overall financial health.) Lender and Broker Software and Services Change is inevitable, and that’s a fact. That’s also why lenders must align borrower-facing processes like closing with evolving consumer expectations for a modern financing experience. To explore how to best introduce and leverage eClosing at your organization, SimpleNexus teamed up with leading fintech research firm Celentto create The State of Digital Mortgage eClosing Adoption: From Base Camp to the Summit. The comprehensive report offers an objective analysis of how lenders are using eClose technology, and suggests best practices for optimizing digital closing processes. Download the full report for a look into the future of eClosing.

Published On: July 22, 2022 / Categories: Mortgage News /