From building a top borrower experience to creating an efficient back office, it’s clear that technology is vital to remain competitive in the mortgage lending landscape. What’s less obvious is how to choose the correct solution for your business.
The newest, flashiest technology isn’t worth anything if it doesn’t fit into your systems and make your lending business shine. That’s why robust customization is non-negotiable when it comes to lending solutions.
Our goal in this eBook is to simplify your point-of-sale technology search. By the end of this read, you and your team will have a clearer picture of the standard to set for a high-performing point-of-sale solution. The information you gain will arm you to go beyond marketing promises to choose impact-driving technology that addresses today’s most pressing challenges.
Both the FCC and NAR rule changes will alter the way Americans experience the home buying and lending process. For you, the lender, these changes pose challenges—and opportunities, so long as you’re willing to carefully adapt your business to the new reality.
As conditions alleviate, lenders have the remarkable opportunity to facilitate the home-buying journey for this highly motivated group.
For lenders looking to buoy their loan volume as the market shifts, this data provides important context around a massive home-buying segment that will unlock over the coming months and years.
As rate cuts materialize and inventory recovers, sidelined home buyers will begin to take action. We created this survey to dig into their challenges, plans, and approaches to home buying as they look to enter the market over the next year.
To streamline its operations while retaining personal member touchpoints, Glass City FCU chose to partner with Maxwell. With configurable technology and member-centric features, Maxwell Point of Sale helps Glass City FCU accelerate its lending process while enhancing member experience.
The FCC rule change, effective January 2025, shifts what constitutes prior express written consent. How will lenders be impacted? Depending on current lead strategies, lenders may need to dramatically rethink their acquisition techniques.
In Q2, loan volume stagnated, with year-over-year volume declining 4%, and market conditions proved challenging for home buyers. Average down payments grew, and the median monthly income of borrowers reached their highest level seen in Maxwell data.
Maxwell Data Report: How the Rising Cost of Homeowners Insurance Threatens the American Dream | Get your copy