Just once, I want a username and password prompt to say, “Close enough.” Speaking of technology, this weekend Robbie and I head to Las Vegas for the ICE Experience 24 events (led off by the Lender Toolkit Supercar Experience). One big topic is bound to be constantly shifting origination channels, and the current STRATMOR Group blog is titled, “Wholesale Channel Overview and Outlook.” Another topic will be using technology money efficiently and cost-effectively. Most, if not all, lenders and vendors are continuing to look at costs critically as part of their foundation for profitability. If you’re a capital markets person, how would you like to implement, “dynamic pricing?” Pricing issues are everywhere, and certainly rising homeowners and auto insurance prices are problems for borrowers and everyone. (Found here, this week’s podcast is sponsored by Lender Toolkit. With Lender Toolkit’s AI-powered AI Underwriter and Prism borrower income automation tools, you’ll be able to get loans approved in under two minutes. Hear an interview with NerdWallet’s Elizabeth Renter on affordability for first time homebuyers.) Lender and Broker Services, Products, and Software The mortgage industry is famously cyclical. Are your cash management and accounting processes powerful and agile? Many IMBs invest heavily in front-end loan origination systems, but managing your back-end processes requires a knowledgeable partner dedicated to the mortgage business. Western Alliance Bank offers powerful tools designed to help keep operations running smoothly, including robust payment processing, including lockbox solutions to reduce exceptions for servicers, corporate credit card with an ACH feature for large expenditures, commercial card consortium so as you spend more, your revenue share increases, and integrations with key technologies to streamline your processes. Most importantly, we sit down with you to understand your needs and serve as a sounding board for how automation can serve you. Contact Treasury Management specialist Chris Martin (480) 341-5483 or bankers Mark Short (469) 702-6212, Nick Richards (646) 708-1211, Nicole Avey (720) 633-4759, Elizabeth Mix (480) 329-2122 and Jim Karr (626) 390-8534. Western Alliance Bank, Member FDIC.

Published On: March 15, 2024 / Categories: Mortgage News /