Mortgage technology adoption was already predicted to be an emerging trend for 2020 and beyond, and the COVID-19 pandemic may have sped that up even more. With public health guidelines…
June 17, 2020 In May the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, a rise equal to the average for May over the…
Reverse mortgage demand has been steady for some time now, with reverse mortgage debt reaching an all-time high of $4.03 billion in January of 2020. However, with the onset of…
In the wake of the COVID-19 pandemic, many lenders have had to adjust their property appraisal process. For some, this means turning to drive-by appraisals or desktop appraisals and using…
Personalized mortgage marketing is a buzzword, but what exactly does it mean? It goes beyond simply inserting the customer’s name into the email chain or letter template. On the Purview…
If you were not already using online property reports in your mortgage business, that has likely changed with the ongoing novel coronavirus (COVID-19) pandemic. With social distancing regulations in place,…
The ongoing COVID-19 pandemic has elevated mortgage underwriting risks to unprecedented levels. Normal due diligence methods need to be adapted and scalable to keep up with the changing times —…
“With competitive intelligence data from LendView, Home Trust has been able to transform the way we do business,” said Domenic Cosentino, VP, Production & Portfolio Management at Home Trust. “LendView…
Property data tools can make all the difference for mortgage brokers, but how can you tell which ones are best? In general, the best mortgage broker solutions will allow your…
At the October 2019 Teranet Market Insight Forum, data usage was front of mind. Mortgage Professionals Canada CEO Paul Taylor memorably said, “Data is the new bacon.” One audience member…