360 Mortgage Announces New Pricing Model
DECEMBER 2013 n Connecticut Mortgage Professional Magazine n
NationalMortgageProfessional.com
14
360 Mortgage Group LLC has announced it launched a new aggressive pricing model on all currently offered mortgage products to further support the mortgage brokerage and correspondent lending communities. 360 Mortgage Group has made significant improvements to their pricing. This improvement translates into an overwhelming advantage for both wholesale and correspondent customers by offering competitive interest rates across the entire product spectrum, including conforming and government products, as well as streamline and HARP products. “360 Mortgage Group is 100 percent committed to the wholesale and correspondent channels and we are excited to now offer mortgage brokers and third party lenders access to one of the most competitive pricing models for both mainstream and niche mortgage products,” said Mark Greco, president of 360 Mortgage Group. “This new pricing initiative, coupled with our comprehensive technology platform and best-in-class service, will especially help the underserved mortgage broker be better positioned to help a larger segment of borrowers refinance or purchase a home.”
Velocify Announces New Customer Retention Tool Velocify has launched Engage for Mortgage Purchase as a part of its Velocify LeadManager product. This purchase loan-focused automated guided selling program is designed to help mortgage professionals build better relationships with borrowers and real estate partners and convert more purchase mortgage leads into closed loans. The new technology solution was developed in response to growing demand from the mortgage industry for automated sales tools that help lenders and loan officers take advantage of the shifting housing market and encouraging outlook for purchase mortgage originations. “In the last few years we have
worked closely with hundreds of clients who have successfully taken advantage of a healthy refinance market,” said Kelly Booth, Velocify’s mortgage division director. “As the market shifts, our goal is to help our clients remain agile, quickly adapting their business to take advantage of new purchase opportunities.” Engage for Mortgage keeps borrowers engaged through a number of automated sales processes including: automatically generated email messages to guide borrowers on next steps; reminders for loan officers to make calls to borrowers at key points in the borrowers’ home search process; triggers the loan officer when a certain number of days have passed since the last contact or when the borrower’s application is about to expire, and much more.
Guardian Launches New Site to Better Serve Customers Guardian Mortgage Company has announced the launch of their new Web site. The new site has been created to enhance the brand and support their commitment to educate and serve Guardian Mortgage customers throughout the life of their loans. “One of the principles we hold with high regard at Guardian is that we build true relationships with our customers that go far beyond the loan closing,” said Marcus McCue, EVP and chief business development officer. “These relationships are built on trust and our mission to serve each client’s short-term financial need to ensure their longterm financial success, so we want our customers to understand all aspects of the mortgage loan process and home ownership. Our new site was designed specifically for this reason.” The Loan University section of the new site contains rich and informative content created specifically for current and future homebuyers. Articles, blogs, infographics, resources and FAQs are available to help support homebuyers’
decisions throughout the life of their loan. “At Guardian Mortgage, we truly view ourselves as partners with our customers,” said Cari McCue, Guardian Mortgage EVP and chief administrative officer. “As such, we’ve created a new website full of information to help guide and inform our customers on key elements of the home buying and home refinancing process like new regulations, loan options, the loan process – as well as functionality and support for clients who are currently being serviced like the My Account portal and FAQs for various topics focus on payments and escrow accounts.”
Axacore Announces Latest EDM Platform Axacore Inc. has announced the latest release to their EDM platform. “This release is just another example of our commitment to continuously invest in our products for our customers and partners,” said Steve DeBlasio, vice president of Business Development. A few highlights include: Updated document stack security features that allow even greater role based security to viewing, uploading and editing documents; enhanced search capability for certain LOS integrations; new investor and servicer e-delivery templates; enhanced e-delivery security features to prevent unauthorized document delivery; new audit log fields for enhanced accountability; and print client updates to more efficiently handle large files. In addition to these features, Axacore is continually updating its underlying technologies to build on the existing high performance, scalability and reliability that the Axacore platform is known for. “Regulatory changes are forcing our customers to implement greater controls over their documents,” said DeBlasio. “This release will give them the control they need while maintaining the flexibility and performance
that they have come to expect from Axacore. This release also paves the way for a number of new and innovative features and product releases in the near future.”
Generation Mortgage Launches Site Geared Toward Understanding Home Equity Generation Mortgage Company has announced the launch of its nu62 Web site at www.nu62.com, an online destination that helps homeowners understand the ways that their home equity may serve as a source of additional income and financial options during retirement. The site features borrower scenarios using real market economics to illustrate four home equity consumption strategies and showcases Generation’s cutting-edge, patentpending nu62 technology. The nu62 software allows potential borrowers to input information related to their personal situation, so they can determine which consumption strategy is best for their unique circumstances. “Many Americans who are retired or are approaching retirement have much of their net worth tied up in home equity, but they don’t realize that strategically utilizing this asset can be an important element of a retirement plan,” said Generation President and CEO Colin Cushman. “We developed www.nu62.com to show homeowners exactly how they can strategically use their home equity. It was incredibly important to us that the site be interactive; visitors enter their own financial information and can visualize for themselves the positive impact strategic utilization of home equity could have on their financial future.”
Coester Announces New AI Appraisal Review System
Coester Valuation Management Services has announced the release of its new automated artificial intelligence based appraisal review system.