Blog

Change is inherent in business – and so is acceleration. Lenders, banks and mortgage companies who have invested in and committed to the technology that helps them navigate change and its increasingly rapid pace are starting to see their efforts pay off, while those who have hesitated are beginning to panic.

Recent data from two different mortgage and real estate sources present widely divergent angles on a subject that affects many Americans: college loan debt and financing. And there is tremendous opportunity for mortgage loan officers (MLOs) and Realtors to establish and build long-term relationships using the findings from each.

For those of us who recall the internet pre-Google, remember when there were so many search engines that the general experience of “browsing the web” felt fragmented and confusing? Although you can’t really compare mortgage lenders and fintech companies to web portals, you can clearly see similarities in terms of how quickly things are changing. It also reminds us that “best of breed” always rise to the top.

The mortgage and real estate industries are reflecting and looking forward as we near the end of the third quarter. In our latest podcast, “Third Quarter is Almost Over,” Joe Welu discussed market conditions and attitudes across the country and revealed a generally positive outlook.

You might be amused – or dismayed – to learn that dogs played a bigger role in Millennials’ decisions to buy homes than getting married or the upcoming birth of a child, according to a recent Harris Poll conducted on behalf of SunTrust Mortgage.

Mortgage lenders are under constant scrutiny from regulators and it is critical that your organization is not only being proactive about creating a company culture of marketing compliance, but is “audit-ready” at any time.

A major differentiator between successful mortgage companies who have established consistent growth patterns and positioned themselves for the future and their counterparts who struggle, is the ability to recruit and retain top talent.

Organizations with large enough interests in the housing market to have research teams and economists on staff, often inadvertently undermine their own missions with the commentary they publish and distribute to the national media.