Black Knight has partnered with Lender Price to offer a completely digital loan application process on its LoanSphere Empower LOS. The platform lets consumers apply for mortgage loans via their mobile device, and it can even verify income, provide property valuations, and deliver real-time interest rates on the spot.
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New software platform for smaller and mid-size lenders will allow companies to customize their operations and focus on revenue growth and operating efficiency.
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Fannie Mae report that Q3 marked the third straight quarter in which lenders reported a net positive profit margin outlook.
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Speaking on the subject of "Engaging Borrowers on Their Terms" at the Servicing Lab as part of the Five Star Conference on Tuesday, Green Tree Servicing's SVP of business control and client management, Mark Atencio, pointed out the many similarities between a mortgage and a marriage.
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