With the right intelligence, originators can know exactly when to follow up on a lead or past customer. And without it – they’re leaving literally millions of dollars on the table
One of the biggest challenges for mortgage professionals is keeping in contact with all their potential customers – but what if they had a personal assistant who never forgot, never made a mistake, and never let a customer fall through the cracks?
The top federal agency responsible for consumer protection may also shelter mortgage lenders from becoming the target of lawsuits related to home loans guaranteed by government enterprises.
United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 49 states, announced that it grew its residential lending volume from $1.245 billion in Q2 to $2.019 billion in Q3, representing a 62 percent increase.
With housing prices still down and mortgage rates the lowest they've been, well, ever, right now is an amazingly good time to invest in real estate. Of course, in order to do so you need money, and unless you're independently wealthy, that means raising funds from private lenders.