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LendingSpace in News
April 16, 2009 Mortgage Technology "On The Drawing Board: The Future for LOS Technologies" By Ravi Varma,CEO, LendingSpace The Mortgage Bankers Association’s recent prediction of a refinance boom has the industry buzzing about origination once again. The market is expected to come close to $2.8 billion, about two thirds of which will be refinances, as consumers seek to capitalize on rates in the four percent range. As that happens, several questions come to mind, including, “How are we going to do all that volume after depleting our origination staff?” and “Where do we find people who know how to do FHA and reverse mortgages?” Among the new things on the drawing board for loan origination software providers are answers to these questions, at least in part. In addition, there are a lot of new enhancements in the cards over the next few years that will speed and simplify the origination process, leading lenders to the promised land of better, faster, cheaper. read more ------------------------------------------------------------------ March 10, 2009 Reverse Mortgage "Secondary Marketing Executive!" By Ravi Varma,CEO, LendingSpace The reverse mortgage is growing inexorably and exponentially. We can expect the reverse mortgage market - both the pramary and secondary - to evolve fairly rapidly over the next five or so years, with more participants funding loans themselves and selling GinnieMae's home equity conversion mortgage (HECM) securities. read more ------------------------------------------------------------------ |
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