How Technology is Influencing New Purchase Mortgage Strategies

BY DALE VERMILLION
April 14, 2017

The latest weekly survey from MBA reports the unadjusted Purchase Index increased by five percent and is three percent higher than the same week last year. With mortgage applications for home purchase on the rise, refinance applications continue to decrease—recently hitting their lowest point since September 2008.
 
Lenders are preparing to compete for their share of the purchase mortgage market and technology is playing an integral role in their strategy. As technology investments continue to grow, lender pain points are evolving and creative, new approaches to solve challenges are surfacing.
 
The Lender’s Guide to the Purchase Galaxy features the latest advice from industry experts—including Dale Vermillion (President and CEO, Vermillion Consulting and Mortgage Champions), Garth Graham (Senior Partner, STRATMOR Group), Will McDermott (Editor, Scotsman Guide Media), and more! Learn specific tips on how to gain a competitive advantage and close more loans in today’s market.