Business, Free News Articles, Software

MMI provides access to loan originator production data with LO Quick Profiles

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced the release of its new LO Quick Profile search tool, which provides a summary view of a loan originator's (LO) production and top referral partners. This information allows lenders to evaluate LOs based on real-time, accurate transaction history rather than relying on their self-reported numbers.

Using the LO Quick Profile, lenders can enter specific LO NMLS numbers into the search bar and, with the click of a button, view production volume metrics from 14 months, 7 months and year-to-date, including:

* Loan production volume;

* Transaction types;

* Loan types;

* Top buy-side & list-side agent partners; and

* Top regions based on performance.

These real-time insights, which can be printed or saved as a PDF, provide lenders with an up-to-date look at LO performance and arm recruiters with the concrete performance data they need to decide whether candidates in their prospect pipeline are high-value targets. Understanding current production trends can also help companies adjust their performance expectations to include more realistic parameters.

"MMI collects, collates and cleanses data from multiple sources to provide actionable intelligence and satisfy many business goals, including LO recruiting," said MMI Founder and CEO Ben Teerlink. "The LO Quick Profiles are a condensed view of MMI's LO Fast Fact Profiles, which provide lenders and LOs with a comprehensive look into recent production highlights that aren't readily available and may have been previously missed."

While the LO Quick Profiles provide limited public access to some LO data, MMI's Fast Fact Profiles for subscribers deliver much deeper details, such as a more comprehensive list of buy-side and list-side agent relationships from the past 14 months, the number of transactions per agent, the agent's name and contact information and access to the agent's Fast Fact profile. Additionally, contact information can be imported into customer relationship management (CRM) software.

"MMI's objective is to provide the mortgage industry with tools that are helpful to lenders and LOs and give a taste of the actionable insights derived from the extensive amount of data available and how both can be used to further business objectives," continued Teerlink. "This is the latest in a series of MMI tools that provide non-customers with limited access to our platform data and insights. In our ongoing effort to highlight the importance of data in the mortgage industry, MMI will continue to develop and release resources like this to the public."

To learn more about MMI and the new LO Quick Profiles, visit https://mmi.io/profileLO/.

About MMI

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Advertising and Marketing, Business, Free News Articles, Software

Planet Home Lending selects Mortgage Coach to enhance customer experience with educational home loan comparisons

MERIDEN, Conn. -- Planet Home Lending, LLC, a national mortgage lender and servicer, has selected Mortgage Coach to give loan officers a tool to provide a better customer experience. With Mortgage Coach, mortgage loan originators (MLOs) can offer borrowers modern, consultative service with digital, interactive presentations that illustrate the costs and benefits of mortgage loan products and strategies over time.

This partnership also enables Planet Home Lending to grow its marketing technology (martech) offering to its MLOs.

"Our new partnership with Mortgage Coach allows us to further invest in our talented MLOs with tools to continue providing the highest level of service to potential and existing borrowers," said Caleb Mittelstet, EVP, National Production Distributed Retail Sales. "As the origination market shifts and consumers are reconsidering what type of financing they need, MLOs require the best tools available to answer questions and provide relevant information."

Along with the side-by-side loan comparisons, the Mortgage Coach platform provides a level of transparency that Planet Home Lending can use to improve new business efforts as well as retain current borrowers. The tool is available on desktop and mobile and enables MLOs to educate borrowers and deepen relationships on the road to homeownership.

Having a robust martech offering has allowed Planet Home Lending to continue to grow its distributed retail channel. In the first quarter, the company added seven new branches and 40 MLOs. The company's other customer-focused marketing technology includes applications from TotalExpert, BombBomb, HomeBot, MBS Highway and Blend.

"Putting Mortgage Coach into the hands of the first-rate mortgage professionals at Planet Home Lending elevates their ability to serve borrowers across the country by helping them attain their homeownership and financial dreams," said Mortgage Coach President Joe Puthur. "We are excited to embark on this journey with Planet Home Lending, and we know it will be a lasting and fruitful relationship."

About Planet Home Lending, LLC

Planet Home Lending, LLC, Meriden, Connecticut, (NMLS #17022) is a national mortgage lender and servicer delivering exceptional customer experiences to American homeowners and homebuyers. It is an approved originator and servicer for FHA, VA and USDA, as well as a Freddie Mac and Fannie Mae Seller/Servicer, a full Ginnie Mae Issuer and approved sub-servicer and a Standard & Poor's Global Ratings- and Fitch Ratings-rated special and prime residential servicer. Planet Home Lending, LLC, has been assigned a corporate family rating by Moody's Investors Service viewable at www.moodys.com. Its correspondent division offers a full suite of government, agency and niche home loans. Planet Home Lending, LLC is also a special servicer managing diverse investor portfolios. Its customized servicing solutions maximize asset recovery and optimize performance through active management at the portfolio and loan levels. Planet Home Lending, LLC is an Equal Housing Lender. For more information about Planet Home Lending, LLC, please visit https://planethomelending.com. For more information about Planet Home Lending's Correspondent offerings, please visit https://phlcorrespondent.com.

About Mortgage Coach:

Mortgage Coach is an award-winning borrower conversion platform that gives consumers the confidence to transact with educational presentations that model loan performance over time. The company's side-by-side loan comparisons allow borrowers to make faster, more informed mortgage decisions while enabling lenders to consistently deliver an on-brand, consultative home financing experience that increases borrower conversion, repeat business and referrals. To date, more than 130 enterprise independent mortgage banks, depository banks and credit unions rely on Mortgage Coach to deliver personalized, modern service that grows revenue and customer loyalty. To learn more about Mortgage Coach, visit https://mortgagecoach.com/ or follow @MortgageCoach.

About Planet Financial Group, LLC:

Planet Financial Group, (PFG) LLC, Meriden, Conn., is a fully integrated family of companies delivering innovative origination, servicing, and asset management solutions. Through this synergistic ecosystem of products, services, and technologies, PFG provides best-in-class experiences for investors pursuing value maximization and borrowers seeking streamlined end-to-end loan lifecycle support. PFG is the parent of Planet Home Lending, LLC and Planet Management Group, LLC, which also does business under the name Planet Renovation Capital.

Related link: https://mortgagecoach.com/

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Business, Free News Articles, Insurance

RoundPoint and Matic Automate Homeowner’s Insurance for Homebuyers, Mortgage Servicing Customers and RoundPoint Employees

SHERMAN OAKS, Calif. -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced a wide-ranging integration with RoundPoint Mortgage Servicing Corporation (RoundPoint), a mortgage loan originator and one of the nation's largest non-bank mortgage servicing companies. The integration will make Matic's one-click "get quote" button available to both customers and employees of RoundPoint.

RoundPoint services over $75 billion worth of mortgage assets as a fully licensed subservicer for commercial banks, credit unions, mortgage companies and hedge funds.

Now, homeowners whose mortgages are serviced by RoundPoint will be notified by Matic when they could save money by switching to a different A-rated homeowner's insurance carrier. Homeowners will also be alerted if there's an opportunity to get more coverage without an increase in premium.

"Mortgage servicers rarely get to call their customers and offer a lower escrow payment or more comprehensive insurance coverage without a premium increase - yet these are exactly the kinds of opportunities Matic will bring to RoundPoint customers every day," said Matic COO Benjamin Madick.

RoundPoint will also make Matic available to homebuyers applying for a mortgage loan through the company's retail mortgage lending division. In addition, Matic will be available to RoundPoint employees via a private-labeled web portal.

"The fact that RoundPoint is making Matic available not only to our mortgage origination and servicing customers, but also to our employees, is a testament to our enthusiasm for Matic's innovative homeowner's insurance experience," said RoundPoint CEO Kevin Brungardt.

"Matic is a key component of our Homeownership Marketplace initiative, which provides products and services that provide value, save money and enhance the overall experience for borrowers," added Brungardt. "Our long-term goal is for every customer to custom-tailor his or her own Personal Household Economy(TM) within this Marketplace. The timing is perfect as we just officially launched this effort with an overhaul of our website, customer portals and overall customer experience."

About Matic:

Matic is a technology-driven insurance agency focused on helping lenders and loan officers better integrate homeowner's insurance into the lending process. By using loan application information and first-of-its-kind technology, Matic provides homebuyers multiple policy options within seconds, helping loan officers close their loans faster.

Matic delivers the most trusted, affordable insurance policies available thanks to its partnerships with a diverse network of insurance carriers. Today's borrowers expect a digital home-buying experience, and Matic gives them the digital insurance experience to match. For more information, visit https://matic.com/ or follow Matic on LinkedIn.

About RoundPoint Mortgage Servicing Corporation:

Founded in 2007, RoundPoint is an agency and non-agency lender and servicer and a subservicer for commercial banks, credit unions, mortgage companies and hedge funds. The Charlotte, NC-based company currently services over $75 billion worth of mortgage assets, which are comprised of its own assets and loans subserviced for others. RoundPoint is licensed to service loans in all fifty states, the District of Columbia, and the U.S. Virgin Islands and is publicly rated by Fitch Ratings (RPS3+, RSS3+), Standard & Poor's (Average) and Kroll Bond Rating Agency (BB).

RoundPoint is a seller and servicer for Fannie Mae and Freddie Mac. It is an approved single family Issuer and servicer for Ginnie Mae, and maintains current MBS issuer eligibility. RoundPoint is also an approved servicer for the U.S. Department of Housing and Urban Development, the U.S. Department of Veterans Affairs and the U.S. Department of Agriculture. Lenders and investors can learn more about RoundPoint's servicing offerings by visiting roundpointexchange.com. Borrowers may visit RoundPoint's consumer website at https://www.rpmservicing.com.

Related link:

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