Michael Sachdev

Reaching Millennials And Investing In Tech Considered A Recipe For Success

Posted on by TMN Editor
By KIMBERLEY HAAS Motivated millennials and the power of technology will shape the mortgage market in 2024, according to industry leaders who gathered this week to reflect on 2023 and strategize for the year ahead. During a “2024 Lender Strategies: What (Another) Unprecedented Year in Mortgage Taught Us” webinar hosted by Snapdocs, Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association, said volume is predicted to increase by loan count to over five million this year. At the same time, total mortgage origination volume is expected to increase from $1.6 trillion to more than $2 trillion. Demographics will help contribute to a market rebound after a tough year in 2023. That’s…

One-On-One With New Snapdocs CEO Michael Sachdev

Posted on by TMN Editor
Michael Sachdev was recently promoted from president to chief executive officer at Snapdocs and he says his secret to success is being a lifelong learner. The California-based company powers millions of digital closings each year by combining an open platform, patented AI technology, a settlement network, and a team of industry professionals to enable lenders and title companies to automate the process, according to a press release. In his new role, Sachdev succeeds the company’s founder, Aaron King, who is taking on the role of executive chairman. As CEO, Sachdev will oversee all company operations and business strategy, with input and oversight from the company’s board. Sachdev recently sat down with editor Kimberley Haas to talk about the promotion and…