Between the first quarters of 2021 and 2022, there was a noted 15% increase in fraud, according to the National Mortgage Application Fraud Risk Index. As more and more financial institutions are trying to make financial solutions easier for applicants so that they can be
Buying a home in today’s rapidly changing housing market can be a frustrating, stressful experience for your clients. Homebuyers often have many legitimate concerns, and they may ask for your expertise with their efforts. What key pieces of advice can you give your prospective clients
For many years, going through a mortgage process means filing a lot of paperwork and sitting through what could be a long waiting time. This could prove to be inconvenient for someone who has a busy lifestyle, or someone who works odd hours. Luckily, today’s Fintech
For decades, the lending business field was antiquated and backward. Most companies did not even use computers. They had a basic model of loans, loan amounts, and actuarial tables that allowed them to make large sums of money. But the recent increase in financial technologies
First-time homebuyers have a lot to contend with when looking out at today's market. Home prices and mortgage rates have surged in the past couple of years and may remain high for some time. Those new to the market may feel overwhelmed as they juggle