5 Essential Features of Cloud-Based Mortgage Software At Floify, we are dedicated to providing the best cloud mortgage software possible to mortgage lenders across the United States. If you are a mortgage lender who is looking for a platform to streamline the mortgage approval process, here are the 5 essential features you’ll need. Document Portal Managing just one mortgage can take hundreds …

Leverage Coaching and Mortgage Technology to Build a Better BusinessWhen most loan officer’s set their professional goals for the year, you can be sure that the list probably looks a little like this: Grow my mortgage business Increase my income/wealth Gain freedom, or work less These are great goals to have, but without a vetted plan and action steps for …

Grow Your Mortgage Business by Asking the Right QuestionsRe-direct energy into controllable actions One of the biggest keys to success for any business professional, but particularly for loan officers, is how to effectively manage your mental bandwidth. Spend less time and energy worrying or contemplating items that are out of your control, and divert that energy into the top, most-influential, …

The Importance of Having a Mobile-Friendly Platform Usage of mobile-friendly banking and financial tech continues to increase At the time of a 2015 study by the Pew Research Center, 68% of adults in the US owned a smartphone. This figure was a steep rise from the 35% of adults that had a smartphone in 2011, just four years earlier. Tablet …

Floify and FormFree Partner To Deliver Secure Automated Asset Verification to Mortgage Industry Partnership protects and improves the security of financial data shared between lenders and borrowers BOULDER, Colo., Dec. 14, 2016 —Floify and FormFree today announced a partnership that integrates FormFree’s AccountChek™ asset verification solution with Floify’s mortgage automation technology platform. The partnership enables Floify’s lenders to request, analyze …

What If Fannie and Freddie Do Get Privatized Again? Steve Mnuchin, President-elect Trump’s Treasury nominee, caused quite a stir recently when he said in an interview that privatizing the government-sponsored entities Fannie Mae and Freddie Mac would be “on the top-10 list of things” that the administration would seek to get done. By the end of trading that day, the …

How Secure Is Your Loan Document Management Strategy?When it comes to your borrowers’ personal documents, you owe it to them to ensure that their privacy is intact and their information is secure. An effective loan document management strategy that utilizes encryption technologies widely available today can accomplish these goals and provide other production benefits for you and your team as …

The next generation of borrowers will demand a digital mortgage experienceThere is a shift underway in the mortgage industry towards the adoption of technologies that give borrowers a digital mortgage experience and that create efficiencies and cost savings in loan production for lenders. This shift was a central theme at the Mortgage Bankers Association’s annual conference last month as speakers and panelists …

What Do Top Loan Officers Look for in a Mortgage Company?The greatest differentiator between mortgage companies is how well they recruit and retain superior talent. Research from the STRATMOR Group has shown that the top 20% of loan officers account for 57% of total loan volume, with the top 40% of originators bringing in 80% of total loan volume. A …

Fannie and Freddie Adding Automated Validation to Flagship AUS Systems GSE’s integrating income and asset validation to help reduce origination costs The mortgage industry was set abuzz on Monday when the GSEs Fannie Mae and Freddie Mac both announced sweeping changes to their automated underwriting systems, including an automated appraisal valuation tool. Somewhat of an undercard to the appraisal news …