Cloudvirga Blog

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: Kyle KamroozMarch 31, 2021By:Kyle KamroozMarch 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: Dawn SvedbergMarch 4, 2021By:Dawn SvedbergMarch 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...

By: Denise HongFebruary 25, 2021By:Denise HongFebruary 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 SitzmanFebruary 5, 2021By:Jason SitzmanFebruary 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...

By: Jason SitzmanAugust 6, 2020By:Jason SitzmanAugust 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: Mark StierJune 23, 2020By:Mark StierJune 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 from...

By: Dawn SvedbergJune 1, 2020By:Dawn SvedbergJune 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, 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,...

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...