Cloudvirga Blog

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, 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: Daniel SogorkaNovember 6, 2019By:Daniel SogorkaNovember 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: 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...

By: Kyle KamroozSeptember 12, 2019By:Kyle KamroozSeptember 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...

By: Admin TeamSeptember 3, 2019By:Admin TeamSeptember 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 validation...

By: Kyle KamroozSeptember 3, 2019By:Kyle KamroozSeptember 3, 2019Homeownership remains a cornerstone of the American dream, but the rising cost of originating mortgages is pushing that dream out of reach for more and more Americans. And while lenders are drinking from...

By: Maria MoskverAugust 21, 2019By:Maria MoskverAugust 21, 2019We’ve written in the past about the reasons the mortgage industry badly needs a technology makeover – and about how most so-called “digital mortgage” solutions don’t really live up to their promise. But no...

By: Tim Von KaenelAugust 7, 2019By:Tim Von KaenelAugust 7, 2019 Fannie Mae’s Q2 2019 Mortgage Lender Sentiment Survey shows that, after improving consumer-facing technology and streamlining business processes, improving talent management and leadership is the top...

By: Daniel SogorkaJuly 25, 2019By:Daniel SogorkaJuly 25, 2019Today, most borrowers have the option of applying for a mortgage via a mobile digital application – a major process improvement from 15 years ago. But after that initial application, the mortgage origination...

By:Kyle KamroozJune 21, 2019By:Kyle KamroozJune 21, 2019A Wall Street Journal study from 2010 found that the average NFL game, despite taking about three hours to broadcast, contains less than 11 minutes of actual football playing. The other two hours and fifty-some...