- Friday, 18 November 2022
In choosing companies to work with, lenders have many considerations. One of the major takeaways from this year’s MBA Annual is that with the ever-increasing cost to do business, paired with low origination volumes, lenders need to make better decisions related to leveraging digital technologies and exploring innovative ways to cut costs while not compromising the customer service quality.Read more...
- Wednesday, 19 October 2022
MOUNTAIN VIEW, Ca – (Secured Signing) announced today that Roger Castile, SVP of National Sales and Bill Gimbel, VP of Business Development will be representing the company onsite, at the Mortgage Bankers Association (MBA’s Annual 22), taking place in Nashville, TN this year at the Music Center on October 23 – 26, 2022.
Every year, the MBA hosts their flagship event in different cities around the country, identified as a great spot for MBA members to convene in person and network in a unique way with its attendees and exhibitors, such as Secured Signing. MBA Annual presents many opportunities for its members to see live demonstrations, get the latest industry information, share critical details on the market outlook, (especially during uncertain times), and discuss the economy, recent crises–health, social justice, and how they all intertwine.
“There is nothing more satisfying than showing a business how to brand, build, protect and promote their image through utilization of Secured Signing white-label, turnkey RON platform offering.” said Gimbel.
“What’s fascinating is that the intuitive, technology-based platform can tailor to the client’s needs by offering a customizable option that can fit into an array of businesses no matter the size or spectrum.” added Castile.
Secured Signing will be exhibiting during the show, located in the HUB, Booth #830 close to the Refreshment spot.
About Secured Signing
Secured Signing provides a trusted, tamper-proof Digital Signatures platform to the eSignature market with their legally binding document management solution that enables simple and secure eSigning, streamlined document workflows, and remote online notarization in a single cloud-based platform.
Using advanced personalized X509 PKI Digital Signature technology, it is more secure than a plain electronic signature. Secured Signing’s Digital Signature, Video Signing, and RON platform enables its users to use any device to capture their graphical signature, fill-in, sign, seal and verify documents anywhere, anytime.
To learn more about Secured Signing visit www.securedsigning.com.Read more...
- Wednesday, 19 October 2022
Mortgage down payments nearly doubled during the pandemic, underscoring the importance of the
growing number of homebuyer assistance programs nationwide
ATLANTA, Ga., Oct. 19, 2022 — Down Payment Resource (DPR), a technology provider helping the housing industry connect homebuyers with homebuyer assistance programs, today announced findings from its latest Homeownership Program Index (HPI). The firm’s analysis of 2,309 homebuyer assistance programs in its DOWN PAYMENT RESOURCE® database revealed that the net number of homebuyer assistance programs increased by 1.6% from Q2 to Q3 2022.
This marks the fourth consecutive quarter of growth in homebuyer assistance programs. Increased program availability and funding are especially timely given recent research from Redfin indicating that the median U.S. down payment on a home grew from $32,917 in July 2019 to $62,500 in July 2022.
Published quarterly, DPR’s HPI surveys the funding status, eligibility rules and benefits of U.S. homebuyer assistance programs administered by state and local housing finance agencies, municipalities, nonprofits and other housing organizations. DPR communicates with over 1,200 program providers throughout the year to track and update the country’s wide range of homeownership programs, including down payment and closing cost programs, Mortgage Credit Certificates and affordable first mortgages, in the DOWN PAYMENT RESOURCE® database. Homebuyer assistance programs that waive the first-time homebuyer requirement for veterans and military personnel are tracked as two separate programs to enable reporting on dedicated assistance for military buyers.
The Q3 2022 HPI examined a total of 2,309 homebuyer assistance programs that were active as of October 3, 2022. Key findings are as follows:
- The net number of homebuyer assistance programs continues to grow.The number of programs increased by 36 in Q3 2022, including 16 new statewide programs, seven new municipal programs and several new programs administered by employers or nonprofits. These programs provide assistance in the form of affordable first mortgages, community second mortgages and combined down payment and closing cost support, among other types of homebuyer assistance.
- More programs are receiving funding. More than four out of five (83.9%) programs are currently funded, and the number of actively funded programs grew by 34 in Q3 2022, a 2% increase over the previous quarter.
- Programs offering incentives for educators increased.The number of programs offering unique benefits for educators grew by 16.4% over the past quarter. The 10 new programs added this quarter brings the total number of homebuyer assistance programs for educators to 71 nationwide.
“Home price appreciation and low housing inventory have caused the median down payment to nearly double from this time two years ago,” said DPR CEO Rob Chrane. “At the same time, rising interest rates are driving up monthly mortgage payments, making homeownership even more difficult to achieve. Consumers, lenders and real estate agents need to know about the large and growing number of homebuyer assistance programs available nationwide that can make a real difference.”Read more...