“Title plays a critical role in the adoption of RON and ROC so it is especially encouraging to see an industry leader fully embrace these digital processes,” said NotaryCam Founder and CEO Rick Triola. “The transaction that took place in Texas is really just the beginning, and we look forward to helping FNF’s nationwide network of direct title operations and independent title agents streamline the residential mortgage closing process and deliver unparalleled convenience and service to homebuyers and sellers throughout the U.S.”Lender reports a 62-basis-point reduction in loan-level pricing adjustments for qualifying transactions and removes an 80% LTV restriction as alternative credit scoring gains traction
CrossCountry Mortgage is reporting an estimated $2,500 in average borrower savings from its adoption of VantageScore 4.0, adding to a growing body of lender-reported results showing how competition between credit scoring models is translating into lower loan costs.The Clevel...
After years of chasing production numbers, one mortgage sales veteran learned that closing deals means little if you lose the trust of the people behind them
"Listen, your credit is crap. If you don't want the deal, move on."I said that to a borrower once. Word for word. The part that bothers me now isn't just what I said. It's that I didn't think about him again. He walked out, and I went right back to work.Early in my career, I...
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