The Mortech Blog


Roll Back of Dodd-Frank Passes Senate

Posted by Lori Rezac on Mar 16, 2018 12:43:13 PM

Changes to Dodd-Frank are one step closer to being realized this week with modifications passing the Senate with a vote of 67-31. The bill, sponsored by Senate Banking Committee Chairman Mike Crapo (R-Idaho), is being presented as a way to diminish the negative impact the law has had on small banks and credit unions, according to The Hill. Those in opposition of the changes such as Sen. Sherrod Brown (Ohio) believe the bill favors "special interests and Wall Street."

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Online Quoting Without Rearranged Spend

Posted by Brian Hall on Mar 15, 2018 2:13:42 PM

We’ve written about the advantages that come with online quoting through Mortech. We can help you get your rates in the right online marketplaces to thousands of borrowers through lead sources like Zillow®, LendingTree®, and Bankrate®. However, we can also get your rates on lead sources that can play to your strengths when it comes to quoting specific products and/or to specific buyers. Our account management team has years of mortgage experience, and are well-versed in finding the right fit for mortgage businesses who are trying to do online quoting.

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Your Rates in the Right Place: Mortech’s Edge in Online Quoting

Posted by Brian Hall on Feb 27, 2018 2:23:26 PM

There’s a lot of hesitancy to enter into the online mortgage rate quoting marketplace. The perception has been that online quoting marketplace is primarily something used for refinance loans, which is a market that continues to trend downward as rates climb. However, there’s a key reason why online quoting will see use, and possibly even growth, in the future: millennials.

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Rate APIs – More Than a Shopping Experience

Posted by Brian Hall on Feb 16, 2018 11:35:04 AM

When you think about how rate APIs play into the online mortgage process, most people’s ideas of their role are limited.

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Increased Interest in Renovation Mortgages Leads to Fannie Mae Product Enhancement

Posted by Lori Rezac on Feb 13, 2018 2:54:05 PM

In the Desktop Underwriter/Desktop Originator Release Notes for version 10.2, Fannie Mae has announced an enhancement to the HomeStyle Renovation Mortgage. The maximum LTV on 1-unit, primary residence properties will increase from 95 percent to 97 percent with the implementation of the updates the weekend of March 17, 2018. This applies to purchase and limited cashout refinance transactions. For LTVs over 95 percent on purchase transactions, at least one borrower must be a first-time homebuyer. Refinance transactions will require the existing loan be Fannie Mae-owned, similar to the requirements of the HomeReady product.

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Mortech and Encompass: the Custom Experience You Need

Posted by Brian Hall on Feb 8, 2018 9:25:21 AM

When looking for a pricing engine with secondary desk capabilities, you might feel like you have to settle for something that isn’t made specifically for your needs. Mortech understands the frustration that can come from this – not every mortgage business is the same, nor do they have the same needs – and finding a system that is made for you and your business to be successful can feel like a challenge.

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Mortech and Calyx: Interoperability with You in Mind

Posted by Brian Hall on Feb 1, 2018 2:06:17 PM

Streamlining your daily operations for a more efficient business is something we’re constantly working toward at Mortech. Integrating our pricing tools and services into industry leading Loan Origination Systems is one such way in which we work.


That’s why we’ve partnered with Calyx. Through Marksman’s integration with CalyxPoint, users get the best of both worlds from a single interface.

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Marksman and Byte: Seamless Data Transfer For You

Posted by Brian Hall on Jan 25, 2018 2:18:49 PM

At Mortech, integrating our mortgage pricing engine with industry leading mortgage partners is a top priority, so that we can continue offering the best options and services to our users.

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Pricing Diversification With Your Account Manager

Posted by Brian Hall on Jan 24, 2018 12:52:12 PM

Believe it or not, the mortgage businesses can learn a lot from sports.


Even the highest paid athelete needs a great coach. Think of an ace pitcher or star quarterback; without a great coach to scheme and use their strengths for the better, they’ll have a tough time being successful.


This isn’t much different from mortgages. Imagine you and your business as the quarterback; you want to put your business in the best place to succeed, and with a lot of competition in things like online rate quoting, finding a coach that can help you use what your business does best to find success is a must. That’s where Mortech comes in.


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Predictions for Housing in 2018

Posted by Lori Rezac on Jan 23, 2018 11:41:32 AM

As we head into a new year, a look back at 2017 shows us that it is incredibly difficult to predicate the housing market. The experts predicted that 2017 would see rising interest rates, moderate price growth, and an increase in new construction. What happened was nearly the opposite. We continued to struggle with a lack of inventory causing prices to increase, and mortgage rates stayed low through the year. With the impact of the new tax bill still being determined, predicting 2018 will be especially difficult.

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