Cloudvirga Blog

By: Jason SmithAugust 9, 2022By:Jason SmithAugust 9, 2022“Well, they’re from good stock. On their mother’s side of course.” Wait, wrong quote. Meant to use- “Stay the course.” I find myself more and more these recent months quoting the 2000 Mel Gibson film, “The...

By: Jason SmithJuly 26, 2022By:Jason SmithJuly 26, 2022Everyone has that uncle. You know, the one everyone talks about. (Not Bruno. We don’t talk about Bruno.) He’s at every family event. Always talks to everyone. When he’s not there everyone asks about him, talks...

By: Jason SmithJune 22, 2022By:Jason SmithJune 22, 2022I have been called a lot of things in my life- some good, some not so pleasant and many that I can’t repeat here due to corporate filters. However, the grand consensus has always been that I more than likely...

By: Jason SmithJune 2, 2022By:Jason SmithJune 2, 2022  A few years back I was offered free tickets to a St. Louis Cardinals baseball game as part of a large group, and my friend Tony asked if I was planning on going. My response, “Hmm, I don’t think so” surprised...

By: Jason SmithMay 25, 2022By:Jason SmithMay 25, 2022  While walking around my neighborhood this morning, it occurred to me that I commonly think to myself (albeit selfishly) things like, “Ha, I paid less than you,” or “Our house has more square footage at the...

By: Jason SmithMay 18, 2022By:Jason SmithMay 18, 2022  Now that the dust has settled on ICE’s announced purchase of Black Knight, Inc., it needs to be said- Encompass did not buy Empower. Though we consistently see M&A activity in the mortgage space, it has...

By: Jason SmithMarch 31, 2021By:Jason SmithMarch 31, 2021  Last year was a banner (though not quite record) year for the mortgage industry. According to the MBA, refinances topped $2.4 trillion and purchases hit $1.4 trillion. One important metric, however ...

By: Jason SmithMarch 4, 2021By:Jason SmithMarch 4, 2021Partnership and collaboration are vital in today’s fast-changing mortgage market. That is why Cloudvirga is proud to be an official silver sponsor at ICE Mortgage Technology’s Experience 2021, being held online...

By: Jason SmithFebruary 25, 2021By:Jason SmithFebruary 25, 2021  URLA—the new uniform residential loan application form—has been optional since January 1, 2021 but on March 1  it will be mandatory. This means all new Fannie Mae and Freddie Mac applications must...

By: Maria MoskverFebruary 10, 2021By:Maria MoskverFebruary 10, 2021  We recently announced a technology integration with ServiceLink’s EXOS platform that will enable lenders to expedite title decisions and digital title delivery and help lenders close more...

By: Jason SmithFebruary 5, 2021By:Jason SmithFebruary 5, 2021 This Sunday is Super Bowl Sunday: the biggest day of the year for football and advertising. This year, the roster of advertisers will look a little different. Many household names—like Coke, Pepsi and even...

By: Jason SmithAugust 6, 2020By:Jason SmithAugust 6, 2020 As America adjusts to life with COVID-19, the housing market has shown signs of recovery. The MBA recently reported that new home purchase applications in May were up 10.9 percent from a year ago, and up 26...

By: Jason SmithJune 23, 2020By:Jason SmithJune 23, 2020 With stay-at-home and shelter-in-place orders in effect in most of the country (and likely to stay active for several more weeks), buyer and seller expectations for mortgage lending have changed substantially...

By: Jason SmithJune 1, 2020By:Jason SmithJune 1, 2020Face-to-face meetings have traditionally been the best way to develop trust between Originators and borrowers. However, social distancing has thrown that option out the window. This new reality, coupled with the...

By: Jason SmithMay 4, 2020By:Jason SmithMay 4, 2020COVID-19 has swept the globe, put much of the United States under lockdown orders, and led to soaring unemployment that will have ripple effects in the mortgage market for months or years. Despite it all, though,...