Opinion: Mortgage Industry Will Shed 100K Jobs This Year
But people are the mortgage industry’s most important and valuable asset… We hope you enjoyed last week’s edition where we talked about Automation Helps Lenders Respond To Rising Mortgage Rates. This week we’re bringing you: What’s holding the industry back from broad-scale digital closing adoption?* One of the biggest challenges lenders face is […]
2022 – The Age Of Online Insurance | It just started and you should know it
Customers’ buying behaviors have taken a turn towards technology through the pandemic and now some predictions have been made on what the landscape of the industry will look like in 2022. People moved from traditional insurance to online insurance. Last week you were reading The Social Pressure The Energy Industry Is Facing “Has Never […]
Automation Helps Lenders Respond To Rising Mortgage Rates
Higher inflation, post-pandemic economic recovery, and a reduction in Federal Reserve stimulus incentives are key economic factors expected to put upward pressure on interest rates as we move into 2022 — increasing the already stiff competition among mortgage lenders. This is why, mortgage rates increased in 2022, We hope you enjoyed last week’s edition […]
The Social Pressure The Energy Industry Is Facing “Has Never Been Greater”
The energy industry in the United States is facing a wide swathe of challenges as it attempts to recover from the impacts of the COVID-19 pandemic. Last week you were reading Price Hikes Expected To Continue In 2022: Alera. This week we’re bringing you: People Moves: Petersen Named Head of WTW Broking; Moore Joins […]
Mortgage Critical Defects Increase As Refi Market Fades
Mortgage Critical defects climb to a rate of 2.27% in Q2 2021, up from 2.01% in Q1 2021. We hope you enjoyed last week’s edition where we talked about Cash-Out Refis Are In High Demand As Equity Levels Skyrocket. This week we’re bringing you: OCC issues final rule to axe 2020 CRA version* […]
Commercial Insurance Prices Hikes Expected To Continue In 2022
Commercial insurance prices premium renewal rates increased in the mid-single digits for most lines in November, said insurance exchange Ivans Insurance Services. Last week you were reading Insurance Premium Renewal Rates Continue To Rise. This week we’re bringing you: Building “a fine-tuned Swiss watch” of a specialty insurance business* “If people want to […]
Cash Out Refis Are In High Demand As Equity Levels Skyrocket in 2022
With the increase of tappable home equity, Black Knight predicts an influx of cash out refis in the months to come. We hope you enjoyed last week’s edition where we talked about Nonbank Profit Margins Improve, But Expenses Are Up. This week we’re bringing you: To advance mortgage lending, trust must take backseat […]
Insurance Premium Renewal Rates Continue To Rise
Commercial insurance premium renewal rates increased in the mid-single digits for most lines in November, said insurance exchange Ivans Insurance Services. Last week you were reading How Can Insurers Tap Into The Black Friday Consumer Culture? This week we’re bringing you: Heading Into 2022, P/C Insurers Face ‘Massive’ Political Risks, Economic Uncertainty* Property/casualty […]
How Can Insurers Tap Into The Black Friday Consumer Culture?
Not too long ago, Black Friday was synonymous with viral internet videos of deranged deal hunters elbowing their way through crowds and wrestling over 55-inch TVs and the latest tech gadgets. Last week you were reading Insurance Rate Hikes Expected To Moderate As Capacity Rises. This week we’re bringing you: The state of the […]
Nonbank Mortgage Profit Margins Improve, But Expenses Are Up
Nonbank mortgage lenders regained their footing in the third quarter, upping their net profit by 28% to $2,594 on each loan originated, according to a quarterly report published by the Mortgage Bankers Association on Tuesday. Therefore, Nonbank Mortgage Profit Margins Improve. We hope you enjoyed last week’s edition where we talked about October Saw […]
