Run Product and Pricing Quotes in Floify with New LenderPrice PPE IntegrationThe world of mortgage brokerage is constantly evolving, with demands for more streamlined, efficient, and all-encompassing platforms at an all-time high. Floify’s latest integration with Lender Price’s Product and Pricing Engine (PPE) is a game-changer for professionals in the industry, further enhancing the capabilities of what many already consider …
Floify Enhances Broker Regulatory Reporting Efficiency with New Mortgage Call Reports FunctionalityIn the fast-paced world of mortgage lending, brokers must continually juggle a high-touch customer with mandatory reporting requirements. Recognizing the need for more seamless reporting, Floify is excited to introduce the latest addition to the platform’s broker edition: Mortgage Call Reports (MCR).Simplify NMLS Reporting with Floify AutomationDesigned to simplify …
Floify Helps Lenders Expand Access to Homeownership With Enhanced VOA IntegrationsIn a country where homeownership is often synonymous with stability and prosperity, an inequitable credit system that disproportionately affects Black families and other people of color prevents many from realizing this dream. Many of these potential homebuyers, despite being financially responsible, find themselves caught in a catch-22: without a traditional …
Floify Announces Multi-Factor Authentication Rollout to Enhance SecurityAt Floify, we are committed to providing the most secure and compliant platform for our users, so we are excited to announce the upcoming release of a new Multi-Factor Authentication (MFA) feature for all Floify users. This update will help enhance overall site security and data protection for all our users.What is Multi-Factor …
Eight Key Advantages of Using Mortgage POS TechnologyBorrower expectations are in a constant state of evolution. The need for efficient, user-friendly systems has never been more critical. 31% of borrowers abandon their mortgage application, while 25% of these borrowers say they didn’t finish because the application process took too long, which significantly impacts pull-through rates. 2022 Borrower Insights Survey by …
Introducing Two Efficiency-Boosting Features to Elevate Your Mortgage Experience with FloifyAt Floify, we continually strive to make the mortgage origination process smoother and more efficient for both loan officers and borrowers. Today, we are delighted to announce the launch of two efficiency-boosting features that will significantly improve your experience with our platform: Copy Loan Docs and Prospect from LOS 1003. …
Co-Pilot Quick Assist: Give Borrowers Timely Help with Their Loan AppSince Floify’s 1003 Co-Pilot feature first launched, it has provided loan origination teams with a dynamic method of working with their borrowers digitally. Using next-generation technology, Co-Pilot brings borrowers and LO teams together to complete an application in a live, simultaneous work environment. And now, Floify’s Enhanced Co-Pilot functionality adds …
Now Integrated: Fannie Mae’s Desktop Originator®Floify is excited to announce the launch of a new integration with Fannie Mae’s Desktop Originator (DO) automated underwriting system (AUS). Now, mortgage brokers and correspondent lenders using DO are able to further streamline their processing workflow by ordering and accessing AUS results from the mobile-friendly Floify interface. Anywhere. Anytime. Floify’s DO integration helps brokers …
3 Key Factors Impacting Digital Loan Application Submission RatesWhy do some lenders thrive while others lag? What separates the best mortgage lenders from the also-rans and everyone else? Your borrowers are smarter and more informed than ever. They know what’s happening with interest rates. They know how to figure out their own credit scores. They can calculate payments online with …
Floify Becomes the First Point-of-Sale to Support the Supplemental Consumer Information FormFloify recently launched support for the new Supplemental Consumer Information Form (SCIF) / Form 1103, becoming the first mortgage industry tech provider to offer support well in advance of the announced mandatory requirement date. The SCIF will be mandatory for all conventional loan applications starting next year, and now, …