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.
For this special episode of the Full Disclosure podcast, Jim and Alayna are returning to their Lending Leaders roots and welcoming an exciting guest, Brian Vieaux, CMB, the new president of MISMO. Together they discuss the future of mortgage industry standards and how rapidly AI is changing the game.
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.
Here at LLL we get to talk to some great people, friends both old and new. Kevin Streber, an Account Director at SalesScreen, a leading sales gamification platform, has known Jim for a long time. We were thrilled to sit down with him and talk all things gamification in the workplace and what really motivates employees.
LLL had the long-awaited pleasure of reconnecting with our CEO, Jim Paolino, who’s been on paternity leave. It was great to have him back, and we were eager to catch up!
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?
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.”
LLL was delighted to sit down with Sabrina Park, Head of Digital Creative Strategy at BeSmartee, one of our amazing partners. Sabrina is an inspiration to us here at LodeStar, and we were grateful for the opportunity to sit down and talk with her about BeSmartee, spring conference season, and the joys of learning new things and meeting new people.
Thinning margins call for more than just haphazard automation. The mortgage industry needs connectivity among its professionals and providers.
It’s always a pleasure when we get to talk with LodeStar’s own Director of Data Operations, Ron Carvalho. Ron’s team manages LodeStar’s fee database with a rare, contagious passion. Ron loves math, and we love picking his brain about closing fees, database management, and the joys of making the perfect spreadsheet.