The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.
Welcome to the fully rebranded LodeStar podcast, Full Disclosure. Join Jim Paolino and Alayna Gardner, AMP, on this new chapter of the LodeStar podcast.
Horace seeks to quantify and celebrate his refusal to grow.
Babar and I had a lot of fun digging into what the word “automation” really means. And I love his definition: “If you left the office and turned off the lights, everything should keep working as-is.”
For this week’s episode of the LodeStar Lending Leaders Podcast, Alayna talks with Robert Palmer, Marketing Manager at Byte Software, to discuss the importance of branding, rebranding, and core marketing principles.
Octavia can’t stand when the other loan officers refuse to implement time-saving automations.
Think about how Chat GPT-like technology could help us in the mortgage industry, especially with one of my favorite targets, the borrower experience.
For this week’s episode of LLL, Jim sits down with Babar Chaudhary, Founder of Mortgage Automation, to talk about one of the mortgage industry’s most overused buzzwords: automation.
One of the most straight-forward of states when it comes to LE and closing cost complexities, Maine assesses recording fees statewide, on a scale determined by the size (length in page count) of each security instrument (mortgage), conveyance instrument (deed), or other recordable sent to the county for recordation.
Unlike past down cycles, the focus for lenders—at least the ones we talked to—isn’t just keeping costs low until volume rebounds. It’s automation.