Builders and lenders can benefit from our software’s automatic notifications. The Dodd-Frank Wall Street Reform and Consumer Protection Act has been called the most comprehensive financial regulatory reform undertaken since the Great Depression. The legislation is sprawling, including many provisions designed to help prevent circumstances similar to those that caused the Great Recession. Though Dodd-Frank […]
Make sure your lending institution can maximize profits with the right fund control software. According to a new earnings report analysis from Inside Mortgage Trends, mortgage banking has enjoyed increasing profitability in 2015. The analysis focused on reports from 19 different publicly-traded companies, all but one of which were banks. In total, the companies reported […]
Year over year stats look promising, but month-to-month dips raise concerns. If you are involved in construction lending, you are no doubt tracking all kinds of stats in an effort to gauge the health of the industry and your opportunities for profit. Unfortunately, sometimes trends seem to contradict one another and it can be tough […]
Rather than passing expenses on to clients, consider fund control software improvements that will help you save on operational costs. For years, banks have been searching for ways to make money off of mobile banking. Today’s consumers demand this service, but considering that mobile banking app development projects can cost up to $5 million, banks […]
Declining jobless rate signals opportunities for contractors and lenders. According to the Bureau of Labor Statistics, the jobless rate in the construction sector is continuing to decline. This February, we saw the number of unemployed in this sector drop to 10.6 percent, a notable improvement over February 2014’s rate of 12.8 percent. Total construction employment […]
According to a recent survey, the construction industry has the happiest employees. Employee satisfaction has a big impact on the success of any business. And in some cases, there is an argument to be made the happiness of employees in one sector actually helps support businesses in an entirely different industry. Could you say this […]
Make sure you are ready with seamless 203K software for lenders First time homebuyers are slowly making their way back into the housing market. Many experts hope that 2015 will be the year they return in full force. This prediction is based on a variety of factors, including the lowest mortgage rates since May 2013 […]
Take advantage of renovation lending opportunities more easily with 203K lending software solutions. Given the recent dramatic slide in oil prices, you might assume that construction work has dried up in the communities supporting our domestic oil-producing regions. However, this has not yet been the case. While North Slope crude closed at $55 per barrel […]
Keep up with the growth using online FHA 203K loan disbursement software On January 9, the Bureau of Labor Statistics released a report showing that the construction sector gained 48,000 jobs in December. That’s nearly 20 percent of the total jobs growth in the US for that same month. It marks the end of the […]
Chinese investors’ faith in Detroit will bring lots of opportunities for American construction companies. For many Americans, it’s hard to imagine Detroit as an attractive place to invest. We’ve seen too many melancholy images of buildings and even entire neighborhoods in this once thriving industrial center slowly collapsing back into nature as locals flee in […]
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