Non-QM Underwriting, Settlement, QC, AI Processing Tools; Equity Products; Investor Updates

“My wife says I only have 2 faults. I don't listen, and something else…” Communication matters. How many LOs wear a pin out in public that says, “Business is great!” so strangers will ask them what business they’re in? Probably not many, but maybe it is worth a try to start a conversation? (On today’s The Big Picture, Chris Whalen will be having a conversation about the current market.) Speaking of “getting the word out,” with business having slowed somewhat many companies ae looking at their technology, and Chrisman Demo Day is today at 1PM ET. It is a fine, cost-effective way (free) for lenders to see and hear the latest from eight companies focused on verification, POS, LOS, U/W & decisioning, secondary marketing, customer experience, and recapture (servicing)… the journey of the borrower. It features 10-minute demos from Truework, MortgageFlex, nCino, Gateless, Agile Trading Technologies, TrustEngine, FirstClose, and Milo. Register here to watch. (To be featured in a future Demo Day contact Chrisman LLC COO Jake Perkins; there is no charge for Marketplace members.) (Today’s podcast can be found here. This week’s ‘casts are sponsored by FirstClose, which provides fintech solutions to HELOC and mortgage lenders nationwide. Their home equity lending platform accelerates the home equity lending process, reducing application-to-closing times from 45 days to less than ten. Today’s has an interview with Mortgage Nerd Group’s Denise Donoghue on how top brokers are leveraging technology and deciding where to broker loans.)