Cloudvirga Blog

By: Jason SmithJanuary 21, 2020By:Jason SmithJanuary 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: Jason SmithJanuary 17, 2020By:Jason SmithJanuary 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 limited-scope...

By: Jason SmithJanuary 7, 2020By:Jason SmithJanuary 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: Maria MoskverDecember 23, 2019By:Maria MoskverDecember 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. But...

By: Chris FortunatoDecember 6, 2019By:Chris FortunatoDecember 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: Jason SmithNovember 20, 2019By:Jason SmithNovember 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 get...

By: Jason SmithNovember 15, 2019By:Jason SmithNovember 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, those...

By: Jason SmithNovember 8, 2019By:Jason SmithNovember 8, 2019The Decentralized Future of Mortgage Lending A generation ago, mortgage lending offices were a necessity: you had to have a physical place to fill out and process all that paperwork. Today, though, digital...

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: Maria MoskverNovember 6, 2019By:Maria MoskverNovember 6, 2019     What’s Missing from the Customer Experience of the Digital Mortgage? The mortgage loan origination process flow begins when a borrower fills out an application. These days, those...

By: Maria MoskverOctober 22, 2019By:Maria MoskverOctober 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: Maria MoskverSeptember 26, 2019By:Maria MoskverSeptember 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 and...

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...

By: Jason SmithSeptember 12, 2019By:Jason SmithSeptember 12, 2019Fall expo season is here for the mortgage industry, which means it’s time to plan a strategy for making the most of what can be an overwhelming few days. Here’s a three-part guide to making sure you come...

By: Chris FortunatoSeptember 3, 2019By:Chris FortunatoSeptember 3, 2019We’re proud to announce that, as of September 2020 , Cloudvirga has earned year 2 compliance through surveillance for SOC-2 and ISO / IEC 27001. Together, these certifications provide external...