Cloudvirga Blog

By: Daniel AkivaJune 1, 2020By:Daniel AkivaJune 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: Tim Von KaenelMay 4, 2020By:Tim Von KaenelMay 4, 2020When I started writing this article in February, I had a different plan for what I’d cover. Since then, of course, COVID-19 has swept the globe, put much of the United States under lockdown orders, and led to...

By: Kyle KamroozJanuary 21, 2020By:Kyle KamroozJanuary 21, 2020After much hand-wringing that millennials would rent forever, this generation is finally buying homes – and in fact has made up the largest generational group of homebuyers in recent years (36 percent in...

By: Tim Von KaenelJanuary 17, 2020By:Tim Von KaenelJanuary 17, 2020For more than a decade now, the digital transformation of mortgage origination has been underway. Despite this, many lenders still rely on a patchwork of technology, often because they adopt...

By: Kyle KamroozJanuary 7, 2020By:Kyle KamroozJanuary 7, 2020Almost every mortgage lender in the country had a record Q3, thanks to a refinance boom spurred by low interest rates. Homeowners headed to their lenders in droves to take advantage of the lower rates. All...

By: Daniel SogorkaDecember 23, 2019By:Daniel SogorkaDecember 23, 2019In October, we were lucky enough to have news of our partnership with Supreme Lending covered in Rob Chrisman’s daily newsletter, a fantastic go-to resource for many in the mortgage lending space....

By: Taison KearneyDecember 6, 2019By:Taison KearneyDecember 6, 2019Earlier this year, Cloudvirga earned SOC-2 and ISO 27001 certification, which means that the way we store and process customer data meets rigorous international security standards. The process of...

By: Tim Von KaenelNovember 20, 2019By:Tim Von KaenelNovember 20, 2019Final decision makers for new technology at most mortgage companies are likely in IT and finance. But to maximize the ROI of any new mortgage technology your organization adopts, it’s essential to...

By: Tim Von KaenelNovember 15, 2019By:Tim Von KaenelNovember 15, 2019One of the great paradoxes of the way mortgage technology has evolved in recent years is that, even though individual solutions have emerged to address isolated parts of the mortgage lending process,...

By: Kyle KamroozNovember 8, 2019By:Kyle KamroozNovember 8, 2019I’ve written in the past about what it will take to bring mortgage lending into the digital age (hint: digitize the back end) and about the necessity of bringing down the cost of mortgage lending. Today, I...

By: Maria MoskverNovember 7, 2019By:Maria MoskverNovember 7, 2019Before Dodd-Frank, it was far too common for mortgage companies to fall outside the guidelines  set for compliance. Everyone’s expectations were different, in part because there was far less oversight....

By: Daniel SogorkaNovember 6, 2019By:Daniel SogorkaNovember 6, 2019At Digital Mortgage 2019, Cloudvirga Chief Product Officer Tim Von Kaenel and I sat down with Danielle Fugazy of National Mortgage News to discuss the current state of the mortgage loan origination...

By: Daniel SogorkaOctober 22, 2019By:Daniel SogorkaOctober 22, 2019For mortgage lenders, technology is a central part of revenue generation, largely because it makes processes more efficient than they were in the days of all-manual origination. But the mortgage...

By: Daniel SogorkaSeptember 26, 2019By:Daniel SogorkaSeptember 26, 2019Owning a home has long been part of the American dream. But in recent years, the cost of home ownership has due to a number of factors, a significant one being the ballooning costs of originating...

By: Maria MoskverSeptember 19, 2019By:Maria MoskverSeptember 19, 2019An Economist article in 2017 made the claim that data is the new oil, arguing that data is now the most valuable resource available to businesses. While the validity of that claim has since been...