Sager joins LenderClose from Microsoft, where he most recently provided data center IT technical support, performing system and network installation, configuration and troubleshooting to ensure optimum operations. His background consists of positions as an assistant professor and a consulting advisor to the U.S. government. Sager founded and served as executive director and CEO of Orbit Axis Company for Pro-AV & IT Solutions based in Iraq. He is also an accomplished writer, having co-authored a book on fractal geometry analysis and written numerous articles published in scholarly journals. For LenderClose, Sager will apply his more than 15 years of scientific research and data analytics expertise to enhance reporting and modeling for the company, its clients and strategic partners. The company’s various business unit leaders will rely on for robust business intelligence reporting, as well as distribution strategy development and data model creation.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...
Enjoy access to a free NMLS renewal class when you attend an in-person event.
