In the classic sci-fi film “2001: A Space Odyssey,” two astronauts find their lives in jeopardy when an onboard ship computer thinks it is smarter than the humans that built it and takes over their space mission. A central concept to the story was the danger of artificial intelligence (AI), capable of out-thinking and possibly […]
Anyone who has kids probably has seen them experience a moment of confusion over “old technology.” In fact, there are hilarious videos online of children trying to use rotary phones, typewriters and 1980s-era Sony Walkman music players. When you watch these videos, you can’t help but wonder how long it will be before a child […]
The latest weekly survey from MBA reports the unadjusted Purchase Index increased by five percent and is three percent higher than the same week last year. With mortgage applications for home purchase on the rise, refinance applications continue to decrease—recently hitting their lowest point since September 2008. Lenders are preparing to compete for their […]
A listing agent is a real estate professional responsible for listing a property on the market and representing the listing, or selling, party. The fiduciary duty of the listing agent is to the selling party.
In sales, time is money. And in the mortgage business, where it takes 30 days or more to close a loan, time gets expensive fast. No wonder sales acceleration technology is creating such a buzz among mortgage lenders—or that Velocify is leading the way. Last week, Velocify was once again named to HousingWire magazine’s prestigious […]
Velocify has been in the mortgage sales software business for more than 10 years! We started off as a lead managing machine, helping lenders—mostly call centers—ingest internet leads and apply the benefits of automation to manage borrowers through the loan process. Over the years we’ve extended our reach to support lenders whose loan officers work […]