By KIMBERLEY HAAS As the mortgage industry undergoes a digital transformation, warehouse lenders are adjusting their processes and using technology to manage eNote transactions. eNotes are electronic promissory notes and the digital equivalent of a paper promissory note, the asset being bought and sold during real estate transactions. Like a paper note, they include the…
By KIMBERLEY HAAS Female mortgage professionals are breaking barriers and making strides. As Women’s History Month is celebrated this March, The Mortgage Note asked leaders in the industry and related fields to share their advice with others. Here’s what they said: Be kind. “Always be kind. This is a small pond. You never know who you…
By KIMBERLEY HAAS Cloud-based technology is transforming warehouse lending by eliminating the need for internal system updates and ensuring new functions are available immediately. This fall, leaders at SitusAMC announced that their warehouse lending system ProMerit is now accessible through a cloud-hosted, software-as-a-service platform that can install monthly release packages to deliver bug fixes and…
Both homeowners and lenders may be underestimating the rising cost of insurance following a growing number of natural disasters, according to a SitusAMC white paper titled “Weathering the Storm: Burgeoning Insurance Costs for Real Estate.” The paper found that natural disasters have impacted residential property nationwide, not just in areas with highly publicized disasters such…
End of content
End of content
Before You Go, Get the Latest News and UPDATES!
Stay Tuned!