Skip to main content

AllRegs delivers FHA Hotline support service for mortgage lenders

Aug 04, 2008

Intellidyn debuts ability to target negative amortization loan holders by lender MortgagePress.comIntellidyn, negative amortization loan holders, prospect lists Intellidyn Corporation has announced the release of a series of prospect lists that enable mortgage marketers to target borrowers currently in negative amortization loans. This specialized marketing data enables retail originators to pinpoint and market to prospects by their negative amortization levels, and can be selected by credit criteria and lender name. "Negative amortization loan holders are a very tight base of borrowers organized into micro segments," says Intellidyn CEO Peter Harvey. "Where borrowers with loan balances higher than their original loan amount are located in neighborhoods that are still appreciating, they have the LTV needed to refinance. Certainly this is a small group. However, this is the level of micro-targeting that lenders need to be engaged in while under these market conditions. We anticipate that LTV's will continue to increase, further tightening underwriting criteria. "Although there may only be a total of two million of these loans nationally, far less than that number can be marketed to in today's underwriting conditions. But these small niches can be developed and targeted. As lenders scale, they need to market into many types of niches, not just one or two. Intellidyn will keep introducing these specialized opportunities to enable lenders to profitably generate new loans. "Intellidyn is fortunate to be working with some very forward-thinking lenders. The best ideas always seem to come from the front line, at the branch level. The more we can listen to their needs, the more relevant prospecting opportunities we can uncover for lenders. Capturing these opportunities is critical to helping lenders survive day-to-day, and to stay in the game when the market begins to scale again." For more information, visit www.intellidyn.com.
About the author
Published
Aug 04, 2008
About $18.6 Million Severance Payout For First American Ex-CEO Kenneth DeGiorgio

Rather than a brusque exit, high-performer DeGiorgio eligible to catch a soft breeze off into the horizon

Apr 23, 2025
New VantageScore Credit Model Aims To Boost Predictive Performance

Also, company’s pilot program gives nonprofit lenders access to modern credit scoring while helping them maintain sound lending practices

Apr 22, 2025
Mortgage Women Leadership Council Breaks 500-Member Benchmark

Becomes nation’s largest organization for women in the industry

Apr 21, 2025
Tug-Of-War Continues Between President Trump, Fed Chair Powell Over Rate Cuts

President’s April 17 social media post expresses growing impatience with Federal Reserve Board not cutting rates

Apr 18, 2025
Mortgage Insurance Premium Tax Write-Off Back On The Table

Bipartisan bill would restore, expand expired MIP deduction, aiming to ease homeownership costs for millions

Apr 15, 2025
FBI Boston Warns Of Growing Title Fraud

Fraudsters forging documents to sell properties or take out mortgages on them, FBI says

Apr 14, 2025