Loan participations have always followed a cyclical pattern, largely influenced by liquidity. In times of excess liquidity—such as 2020 and 2021—strong demand for loans drove down yields, making ...
ICE Mortgage Technology unifies origination and servicing with AI and data integration for a seamless mortgage experience.
As lending is rapidly transforming into a technology-driven business, Synoriq has built high-quality lendingtech infrastructure as an alternative to legacy systems.
It waives certain events of default that had occurred under the original loan agreement. The company also negotiated the ability to pay interest in-kind, meaning it can be paid with additional debt ...
As the expectations of customers change and competition intensifies, a 35% abandonment rate in traditional systems becomes a glaring reminder of the necessity for modernization and innovation. The ...
Features include facilitating document exchanges, milestones tracking, communicative notes, and fee data integrations across loan origination systems as well as title and escrow production systems.
Unlike previous quarters, where many lenders outpaced system-wide loan growth, credit growth for banks is projected to align with the industry average of around 12%. Experts suggest that ...
A significant challenge for growing banks is ensuring their mortgage origination systems can scale alongside their business. Encompass, while powerful, is known to be a resource-heavy platform, which ...
For credit unions, it’s also the ideal opportunity to assess your loan origination system (LOS) and ensure it’s ready to meet the challenges and opportunities of 2025. Here’s why now is the ...
While grateful to see their loan balance disappear, borrowers who received forgiveness under Biden lament a system they say is holding back millions of others. “I finally got the loans forgiven ...