by mdibrino@hqmloans.com | May 10, 2023 | Uncategorized
LendingPad is a mortgage loan origination system (LOS) that enables mortgage companies to manage and streamline the loan origination process, as well as drastically improve customer experiences. LendingPad offers specific editions for lenders, brokers, banks, credit...
by mdibrino@hqmloans.com | May 10, 2023 | Uncategorized
Loan origination software allows financial institutions to automate and manage the workflow of each step in the lending process. These steps often include loan applications, underwriting, credit approval, documentation, pricing, funding, and rejection or disbursement...
by mdibrino@hqmloans.com | May 10, 2023 | Uncategorized
Read next: Fed calls for shakeup of banking rules after SVB failure MBA’s refinance index rose 10% week over week, and the purchase index climbed 5% from the week before. Kan noted that while both refi and purchase indices increased last week, they remain 44%...
by mdibrino@hqmloans.com | May 10, 2023 | Uncategorized
“Mortgage credit availability declined in April to the lowest level since January 2013, reflecting the tightening in broader credit conditions stemming from recent banking sector challenges and an uncertain economic outlook,” said MBA deputy chief...
by mdibrino@hqmloans.com | May 10, 2023 | Uncategorized
Its loan origination volume during the period was $4.9 billion, down 23% or $1.4 billion from Q4 2022, according to the lender’s financial report. Purchase volume fell to 71% of total loans, down from 76% in the prior quarter and up from 37% a year ago....
