“We created the Fulfillment Platform as the next extension of our product, because we recognized their need to scale without an enterprise-sized budget,” said John Paasonen, co-founder and CEO of Maxwell. “Yes, we’re a point-of-sale, but our technology now allows us to leverage the power of our community of lenders to offer access to value previously only accessible by the largest lenders."The acquired technology keeps rejected applicants connected to their lender while they work toward eligibility, creating a potential pipeline of mortgage-ready borrowers
A borrower who cannot qualify today may still represent future business. MeridianLink is buying technology designed to keep that prospect connected to the lender instead of allowing a loan denial to end the relationship.The lending technology provider announced Monday that i...
Principal-and-interest payments reached $1,522 for lower-payment purchase applicants in June, just $9 below the national median asking rent
Prospective homebuyers received modest affordability relief in June, but a closer look at the numbers shows how difficult the monthly payment conversation remains for loan originators.The national median principal-and-interest payment sought by purchase applicants fell to $2...
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