Welcome to The 30-Year Fix, our three-part series on the curious case of the thirty-year fixed-rate mortgage (or TYFRM, for the sake of brevity) in America. In this series, we will cover the history of the TYFRM in America and examine why we are so uniquely reliant on it in the United States. In Part… Read more »
Welcome to The 30-Year Fix, our three-part series on the curious case of the thirty-year fixed-rate mortgage (or TYFRM, for the sake of brevity) in America. In this series, we will cover the history of the TYFRM in America and examine why we are so uniquely reliant on it in the United States. In Part… Read more »
In any complex industry, macro transformation happens slowly. In the mortgage industry, evolution is so subtle that it’s nearly impossible to spot as it occurs, visible only through the 20/20 lens of hindsight. And yet even in hindsight, the 30-year fixed-rate mortgage — and our unwavering loyalty to it — remains largely unchanged over the… Read more »
We all know that mortgage is a team sport and collaboration is the key to success in our industry. So, to further the speed and efficiency with which you collaborate across your teams, we created LoanNotes™. Within every loan, you will have an instant chat and notification screen that gives you a way to communicate… Read more »
It seems every second article you read these days foreshadows our imminent economic demise. This onslaught of recession-focused think pieces seem like an overreaction, but if we learned anything from our recent past, it’s that we’d be foolish to ignore the economic red flags in front of us. Stock markets are skittish, the yield curve… Read more »
The Maxwell team is very pleased to announce our new partnership with Peoples Mortgage Company. The Arizona-based Peoples Mortgage selected Maxwell as their technology partner to streamline the mortgage lending process and provide a relationship-driven digital mortgage experience for the hundreds of loan officers and thousands of borrowers served by Peoples Mortgage in branch offices… Read more »
For Millennials, cash flow is not necessarily a problem, but saving can be a different story. The expenses for a young professional are well-documented: student loan debt, car loan, a nice apartment. Why would a millennial want to move out of their apartment which could sell for $350k on the market to a $200k house… Read more »
Bringing new technology into the fold is always a risk, but even more so when margins are tight. You want to find the right digital mortgage platform for your team; but you also want your team to actually want to use the new platform. You don’t want to risk low adoption and appear like you don’t… Read more »
Principle-first thinking means formulating strategies and taking action based on a set of agreed principles. Let’s review the top communication tips for mortgage lenders that enable effective loan communication. Every loan officer is different, but the most successful originators consistently mention these attributes as cornerstones to their approach to work. Download Your Free eBook: “The… Read more »
Feeding the ‘top of the funnel’ is perhaps one of the most critical roles you play as a loan officer, in addition to managing clients already going through the loan process. So how do you effectively grow your business in a sustainable and predictable way? Driving mortgage leads goes beyond just being smart with how… Read more »