FinLocker's latest funding round will empower consumers with cutting-edge tools and data-driven insights and provide additional enhancements to improve engagement for mortgage originators. ST. LOUIS, MO — May 14, 2024 — FinLocker, the developer of the leading...
Financial stress is one of the biggest causes of poor sleep, anxiety and depression. If that sounds like you, you're not alone. According to a 2023 PwC Employee Financial Wellness survey, 60% of full-time employees are stressed about their finances. Even among...
As a business owner, having a solid grasp of financial concepts and principles is crucial for making sound decisions that can make or break your company's success. Financial literacy encompasses understanding financial statements, cash flow management, budgeting,...
Having financial literacy is an essential life skill that can have far-reaching impacts on one's future financial security and well-being. Financial literacy is the ability to understand and effectively manage various financial skills, such as budgeting, saving,...
Most homebuyers start their homeownership journey by searching for homes online or connecting with a real estate agent before contacting a loan officer. After referrals from past clients, 8 in 10 loan officers say they receive referrals from real estate agents more...
In today's competitive mortgage market, a borrower's credit profile is a critical factor in determining loan eligibility. However, credit remains a significant hurdle for many mortgage applicants, leading to application denials and pipeline fallouts, significantly...
Your credit score is a crucial factor when applying for a mortgage. A low score can lead to loan denial, while a high score opens doors to better interest rates and loan terms. Unfortunately, data shows that due to poor credit, 15% of mortgage applications for new...
Having little to no credit history is a major roadblock to getting approved for a loan. Lenders want to see a proven track record of responsible debt management before financing a major purchase like a car or home. If you're a recent graduate, early in your career...
The mortgage industry continues to face challenges as more Gen Z and Millennials enter the home buying market. Despite record high home prices, elevated mortgage rates and limited inventory making homeownership difficult to attain for first-time buyers, 53.85% of...
Board Members and Council Leaders Bring Expertise From All Sides of the Wholesale Channel to Advise on New and Ongoing Advocacy Initiatives Kansas City, MO (February 21, 2024) - The Broker Action Coalition (BAC), which advocates for legislative change and...