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Dark Matter Technologies Leadership Team Focus on Automation to Increase Empower LOS Market Share Radian Announces Strategic Investment in FinLocker Focused on Delivering A Personalized, Data-Driven Journey to Empower Homeownership Thought Leadership: Matic: Challenges in Home Insurance Market Likely to Continue Media: (Video) mPower Moments feat. Fannie Mae CEO, Priscilla Almodovar (Podcast) LodeStar's Lending Leaders Podcast: Reflecting Back on 2023 (Podcast) Lykken on Lending: Picking the Right BBYS Provider featuring Alcova Mortgage’s Amy Smith (Video) Dark Matter Technologies: The Spotlight - The Right Way to Adopt AI with Mortgage Technology Blogs: Clever: 2024 Update - Average Real Estate Agent Commission Rates Coforge: Top 5 Data Analytics Trends in 2024 MQMR Weekly FAQ: HMDA - Demographic Information Register Today for Access to MGIC's Self-Employed Borrower & Income Analysis Calculator
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Preferred Partner Spotlight: Arch MIOne of TMC’s original Preferred Partners, dating back to 2015, Arch MI is an industry leader in offering expert credit risk enhancement products and solutions to help TMC members and their investors reduce their exposure to mortgage risk. Arch also offers lenders a host of resources designed to help support their business including, MIHome, designed to help borrowers conquer major homebuying obstacles. Arch also provides key strategic market insights, including housing policy, their HaMMR digest (housing & mortgage market review), video, podcasts, and more! Additionally, Arch MI Academy can support your team's training needs with a wealth of course offerings, webinars, and training resources updated throughout the year. Arch is here to help support your goals in expanding homeownership by making it possible for eligible borrowers to buy a house with only modest down payments. Get Arch’s most competitive rates and access to the only MI buydown tool with RateStar, the industry’s preferred risk-based MI pricing solution. For more information on Arch MI, contact Valerie Ausband at vausband@archmi.com. Notes from the networkClever Millennial Home Buyer Report: 2024 Edition
Our partners at Clever, via their real estate witch offering, released the findings of their 2024 millennial home buyer report, which was full of interesting insights on America’s largest homebuyer segment. For example, while half of millennials say high interest rates are a barrier to becoming homeowners, 78% are willing to consider an interest rate over 7%, and 65% would accept a rate over 10% to become a homeowner. Read the full report and its findings here. TRUE: 2024 Predictions for AI in Real Estate Unless you’ve been living under a rock for the past couple of years, you’ve heard a lot about artificial intelligence. AI is poised to not only streamline operational efficiency but fundamentally change data-driven insights for the betterment of mortgage lenders. Our partners with TRUE, provide some interesting predictions for AI in real estate this year. Read TRUE’s insights and predictions here. Did you know when you use Blue Water's QC product on the TMC CapTrader platform, it's insured to protect you from potential buybacks? Blue Water's Insured QC is fully automated and has nearly instantaneous risk mitigation. This ensures your loans are salable and of the highest value. Here's a testimonial from a Blue Water lender: "We use Blue Water’s SuperTransfer technology to deliver whole loans to our network of buyers. Regardless of our buyers’ requirements for stacking order and file formats for closed loan delivery, Blue Water is able to provide whole loan post-closing delivery solutions in near real-time. It’s as easy as dropping a blob PDF into the portal and almost instantaneously we get a file delivery package to send to our buyer." Why it matters: The Blue Water technology on TMC CapTrader is built to be system agnostic. It removes the need for IT resources simply to get data compiled and formatted before putting your loans up for sale. Repurchase request liability is substantially reduced. The Bottom Line: With its fully automated Insured QC along with over 40 active buyers, it's easy to understand why lenders are adopting to the platform. If you're interested in learning more, visit the TMC CapTrader page for valuable insights and to watch a video overview of the platform.
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Fannie Mae: Consumer Optimism Over Mortgage Rates Return Clever Acquires FTHB Loyalty Provider Gravy Technologies Matic Insurance Expands Strategic Partnership with PRMG After Retiring SimpleNexus Brand, nCino Grows its Mortgage Business TRUE: 2024 AI Predictions for the Mortgage Industry Clever Real Estate Finds 42% of Home Sellers Don't Know They're Expected to Pay Borrowers Commission Personnel Announcements: Snapdocs' Camelia Martin Awarded Outstanding Contributor at MISMO 2024 Winter Summit Dart Appraisal President Michael Dresden Recognized as an NMP 2024 Mortgage Industry Titan Events: Register Today for The Mane Event – TMC in Louisville ’24! Tuesday, 1/16 @ 2PM ET: Last Week in Mortgage, Today, feat. HMA Mortgage’s Stan Brusoski & Marie Pietropaolo Friday, 1/19 @ 3PM ET: The Rundown, feat. First Horizon Bank’s Ryan Atkins Thought Leadership: iEmergent CEO Laird Nossuli: It's High Time We Invite Everyone Back into the Homebuyer Pool! ActiveComply's Ally Carty: What Makes Gen Z Homebuyers Different? Blogs: Maxwell: How to Create A Competitive Loan Product Lineup in 2024 real estate Witch, powered by Clever: Millennial Home Buyer Report: 2024 Edition Certified Credit: 2024 Market Predictions - What Mortgage Lenders Can Expect Media: ICYMI: 1.4.24 Chrisman Commentary, feat. STRATMOR Group’s Garth Graham on Industry Forecasts ICYMI: 1.2.24 Chrisman Commentary, feat Rob Chrisman on 2024 Inside the tmc familyLearn how David Ocasio Ross, AVP of Mortgage Sales at AmeriCU, went from running lemonade stands to working in the mortgage industry, why it's so important to be uniquely YOU in your career, and his passion for giving back to the community! 12 Days of TMCLearn why our record-breaking 12 Days of TMC virtual conference was so successful in 2023, and how we catered our event specifically to our network by hosting our first-ever Solution Sprint, hand-picking industry-leading keynotes, and so much more here! Preferred Partner Spotlight: CenlarCyber threats are always out there — and they’re evolving. Can you keep up with the pace of those threats? Cenlar can! As the nation’s leading mortgage sub-servicer, Cenlar has a responsibility to their clients, future clients, and business partners to consistently act and create a preventative environment where they’re safe, and their data is too. Cenlar's technology environment is structured cross-functionally to allow the enterprise to move through a cyberattack. What allows them to do this is their mature Information Security Program that exercises their cyber incident response with plans and playbooks to protect their clients and their homeowners. Cenlar’s Information Security Program is an intelligence-driven, multi-layered cyber defense model that detects emerging threats, disrupts cyber attacks, and efficiently responds to cyber incidents. Cenlar's cybersecurity experts integrate with the business to identify opportunities, capture value, and adapt to the dynamic business environment. Learn more about Cenlar’s cyber initiative. Notes from the networkSurge of Refis is Coming: Here’s What Lenders Need to Know Total Expert dives into some real opportunities and potential risks that will come with a potentially resurgent refinance market as 2024 progresses. Opportunities lie with understanding that homeowners who purchased in the last 18 months, will be proactively looking to refinance as rates fall, but mortgage lenders have to balance that demand with mitigating potentially catastrophic early payoff penalties. Read Total Expert’s full insights here. Grow Internally or Outsource Post-Close Services in 2024? The pains of hiring to support growth with top-of-the-market salaries followed by massive layoffs to manage the ebbs and flows of the past three years in the mortgage industry are still fresh with many lending executives. As we look forward to an improving mortgage market, the question will once again emerge: Do I grow my internal workforce vs. outsourcing to third-party providers? Verity Global Solutions offers keen insights into why outsourcing post-closing functions can provide unique benefits to your operations and bottom line. Read their latest blog here. Top Headlines:
TMC Member iServe Lending Switches LOS Providers to MeridianLink for More Robust Reporting PHOENIX November 2023 Market Snapshot Thought Leadership: Talking Verification Innovation with Xactus CTO, James Owens 4 Predictions for 2024’s Mortgage Market from Maxwell Leadership Social Coach’s Ben Treadway: 7 Social Media Trends That LO’s Need to Know for 2024 Media: (Video) Total Expert's Expert Insights: Risk & Opportunities Around the Rate Environment in 2024 Blogs: Total Expert: A Surge of Refis is Coming - Here's What Lenders Need to Know Verity Global Solutions: Mortgage Success in 2024: Gaining a Competitive Edge through Outsourcing Post-Close Services iEmergent: A New Paradigm in Mortgage Lending MQMR Weekly FAQ: Fair Lending - Pricing Exceptions ActiveComply: Kickbacks, Fee Splitting & Website Compliance? Oh My! RESPA Section 8 Ignite Fuel - Fueling Your Efficiency in 2024 for Encompass Users TMC Closes 2023 with Record-Breaking ’12 Days of TMC’ Event Events: Register Today for The Mane Event – TMC in Louisville ’24! Top Headlines:
Fannie Mae ESR Group Continues to Forecast Modest Downturn in 2024 Case Study: How FirstBank Partnered with Snapdocs to Reach 100% eClose Adoption Optimal Blue: Weekly Market Update - 12.20.23 Arch MI HaMMR Digest 12/18/23: The Gift That Keeps on Giving Case Study: Draper & Kramer Mortgage Uses iEmergent to Find Underserved Markets & Recruit Top LOs Thought Leadership: Xactus' Shelley Leonard & Greg Holmes: How Mortgage Lenders Can Prepare for 2024: Emerging Trends, Technology & Threats InGenius CEO, Jeff Walton: Back Off the Basics: Using Data to Recruit for Results & Retention SocialCoach’s Ben Treadway: Boosting Your Mortgage Marketing with Short-Form Video Media: (Podcast) Chrisman Commentary 12.19.23 featuring Arch MI's Carl Tyree (Podcast) Clear to Close from Maxwell: Major Factors That Could Boost (or Derail) 2024’s Housing Market (Video) PRMG – Model Match Review (Video) Arch MI Housing Update with Parker Ross & Leonidas Mourelatos – December 2023 (On-Demand Webinar) Capacity: The Value of Automation (Video) nCino US Mortgage Overview Blogs: Maxwell eBook: Make More Out of ’24: How to Win Market Share as Your Competition Lags ICYMI: nCino: 10 Questions to Ask When Choosing a Home Lending Platform Total Expert: The Lender’s Guide to Life Event Engagement MeridianLink: The Future of Lending: Data-Driven, Adaptable Solutions Garris Horn Blog: CFPB Approves First Trial Disclosure Program Allowing TRID Forms for C-to-P Lending: Is the Juice Worth the Squeeze? Stewart: Underwriting for Cash Transactions Capacity: 3 Tips for Adopting Tech & Ensuring Success Events: (Webinar) Jan 17th @ 11AM ET: nCino’s AI Webinar Series (Part 3); AI Isn’t a Moment. It’s the Future. Top Headlines:
Fannie Mae Expands Use of AOLs in Selling Guide Update Optimal Blue: November Brings Long-Awaited Shift in Direction for Mortgage Rates Fannie Mae: Flood Risk Awareness Slowly Growing Optimal Blue: Weekly Market Update - 12/13/23 Media: (Video)Vice Capital Markets Principal, Chris Bennett: The Pivot: Unpacking The Most Significant FOMC Action in Years & Its Future Implications (Podcast) Lykken on Lending: Mortgage Tech to Maximize Production in 2024 (Podcast) Lykken on Lending: Mortgage Coach and Success Stories from Top Loan Originators Thought Leadership: iEmergent CEO, Laird Nossuli: It's High Time We Invite Everyone Back Into the Pool! Blogs: MQMR Weekly FAQ: Fannie Mae - QC Corrective Action & Required Action Plan Total Expert Blog: Transform Denied Applications into Approved Loans With Credit Improvement Insights Arch MI Blog: Private Mortgage Insurance Favored Over FHA as Borrowers Compare Costs ICYMI: Xactus Blog - FHFA Update: Bi-Merge Deployment Delayed What Do you or your team need to focus on in 2024?TMCU has 3 new mini courses to help build your skills in the new year! for just $100 you can treat yourself and your team to success, guidance, and preparation for your career. Take a look at our full or mini course offerings and see how we can guide you on creating a business plan, processing objections, the best way to manage your time throughout the work week, and so much more. Download our course catalog now!
welcome arrival home loans to our tmc familyBased in Novato, CA, Arrival Home loans is committed to providing bridge loan mortgage solutions that empower individuals to seize opportunities and navigate transitional periods with confidence. They simplify the buy-before-sell process with their unique bridge loan product. Their mission is to be the trusted bridge between your current and future financial goals, ensuring a smooth and efficient journey! Learn more at arrivalhomeloans.com.
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