Professionals in mortgage accounting grapple with a myriad of daily challenges. From handling complex financial transactions to ensuring efficient data management, the need for streamlined processes is paramount. In this piece we explore these everyday hurdles and discuss innovative solutions, …
Joe Ludlow of Advantage Systems: What Is Ahead For Mortgage Lending In 2024?
In today’s higher interest rate, lower volume, purchase loan environment, success for lenders often hinges on having “feet on the street,” meaning community-based branch locations with local loan officers familiar with the market and realtors. This is driving an industry …
Joe Ludlow of Advantage Systems: The Power Of Bank Branches With Loan Officers
“Branches now are becoming more important. Loan officers are becoming more important,” Ludlow said. “I think the trend in the market in the next few years will be the formation of more branches.” Advantage Systems is a provider of accounting …
Advantage Systems Enhances AMB Sierra with Full Branch Impact Capabilities, Gives Executives Deeper View into Individual Branch Performance
IRVINE, Calif., November 17, 2023 – Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced today the availability of its new Full Branch Impact feature as part of the recently enhanced AMB Sierra platform. …
Joe Ludlow of Advantage Systems: Real World Applications for Real-Time Data, A Branch Manager’s Perspective
When it comes to the loan application process, lenders have been riding the real-time data wave for quite a while. With the ability to quickly verify borrower income and employment, paired with up-to-the-minute updates on appraisal, flood and title services, …
Joe Ludlow of Advantage Systems: For Lenders, Data Visualization Holds The Key To Maximizing The Value of Real-Time Data
Lenders have, for a while now, embraced the use of real-time data in the loan application and origination process. Notably, through verification of income and employment when evaluating borrowers or real-time updates to appraisal, flood and title services, time-to-close has …
Branch Out to Profitability: How AMB 7 Sierra’s Branch Reporting Feature Can Help Lenders Stay Ahead in a Changing Market
As we navigate the current economic climate, it’s more important than ever for mortgage lenders to streamline their operations and maximize profitability. One way to achieve this is by utilizing the Branch Reporting feature on our AMB 7 Sierra software. …