Deeper Thoughts

Deeper Thoughts

The Sky is Only Falling for the Unprepared

Once we’ve gotten over our collective panic attack (which should happen any minute now), the mortgage industry will get down to work finding alternate revenue paths to help make up for the refinancing channel.

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Deeper Thoughts

Mortgage Ice Age? Or Just a Snow Day?

If we had our way, most of us would have a magic wand waved and experience another $4 trillion market. But that’s not reality. The biggest issue facing our industry at the moment is the fear of inevitable change.

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Deeper Thoughts

Seeing Burnout Culture for What it Really Is

May is Mental Health Awareness Month. It’s also a great time to take a look at how far we’ve come as an industry when it comes to both acknowledging the validity and significance of mental health, and providing adequate mental health resources for employees.

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Deeper Thoughts

A Few Signs Your Vendor’s Just Not That Into You

In the beginning, it seems like your vendors can’t get enough of you. Proactive emails, follow up emails, quick calls just “to see how things are going.” But when a partner/vendor relationship fades, the proactivity tends to die.

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Deeper Thoughts

The Impact of Automation, By the Numbers

How much did LodeStar save clients in 2021? 61,694 paid labor hours, 1,542.4 work weeks, 29 years, or $1,96 million in hourly pay. How’s that for ROI?

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Deeper Thoughts

Are We Finally Moving Past the Dreaded “Tech Silo”?

Some of the technologies designed (or altered) to manage the operational changes mandated by TRID didn’t really integrate or co-exist with some of the best and most widely used platforms in the industry. As a result, we started reading about and hearing about “silos.”

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Deeper Thoughts

Thinning Margins? Scattershot Tech Won’t Help.

Thinning margins call for more than just haphazard automation. The mortgage industry needs connectivity among its professionals and providers.

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Deeper Thoughts

The Virtues of Investing in New, Underserved Markets

We spent 2020 and 2021 focused on things like volume, capacity and turn-time, since the vast majority of mortgages being made were basic refinance loans. But now we’re going to have a more diverse array of products being marketed as lenders vie for position.

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Read our CEO Jim Paolino’s Deeper Thoughts and get the latest mortgage industry news.