Strategic Mortgage Finance Group, LLC, DBA STRATMOR Group is one of the mortgage industry’s most respected and trusted consulting firms. This reputation has been built over many years by providing clients with the type of candid actionable advice lenders need to build sustainable competitive advantages and profitability. STRATMOR’s services consist of a wide range of distinct offerings backed up by the industry’s leading proprietary lender performance database.
Lenders come to STRATMOR to help them understand what the data and information we provide mean -- to help find the "signal" in the noise. What are the key trends in the industry? What are the near- and long-term industry outlooks? What appear to be "practices" that account for top performance? We are able to answer these questions both because of our day-to-day involvement with the data and the accumulated knowledge and experience we gain through our varied consulting assignments.
STRATMOR's 2016 LOS Technology Insight Survey Now Open for Lender Participation
STRATMOR's 2016 LOS Technology Insight Survey will capture and consolidate critical information regarding both commercial-off-the-shelf (“COTS”) and proprietary Loan Origination Systems, including each system's available functionality and their degree of implementation success. Moreover, whereas the original 2015 Technology Insight Survey was focused on LOS solutions, the 2016 Survey has been expanded to include information about Point-of-Sale and Lead Management systems and vendor readiness for TRID.
Participation is FREE and Lender respondents will receive a high-level summary of overall market share by vendor. Detailed survey results and STRATMOR’s proprietary analysis of findings will also be made available for purchase that will break out the full range of survey questions by respondent organization (independent, bank owned, etc.), origination channels and company size (origination volumes). The Survey will remain open until June 30, 2016. For further information click here.
STRATMOR Represents First Priority Financial in Sale to Caliber Home Loans
There has been much industry chatter about the inevitable consolidation in the mortgage origination business, but there has been minimal actual M&A activity for 2016 YTD … until now. In its press release, Caliber Home Loans (Dallas) announced that has agreed to acquire First Priority Financial (Fairfield, CA). STRATMOR represented the selling shareholders and initiated the negotiations with Caliber.