Blogs

Progress in Lending 2021 Most Powerful Women In Fintech Award
July 2, 2021: Michelle Miller was awarded the Most Powerful Women in Fintech Award. Ms. Miller has worked at Capital Markets Cooperative prior to joining Teraverde seven years ago. She has worked on over 50 LOS business process improvement engagements, helping...

The Impact of Fintech in the Mortgage Banking Industry
A discussion summary with Alex Kutsishin and Jim Deitch, CMB, CPAWhen Jim Deitch, CEO of Teraverde, and Alex Kutsishin, CEO of Sales Boomerang, sat down to discuss business and the development of Sales Boomerang, the conversation was sure to be a vibrant one. Alex is...

The Future of Mortgage Closing with Aaron King
A discussion summary with Aaron King and Jim Deitch, CMB, CPARecently, Jim Deitch, CEO of Teraverde, sat down for a conversation with Aaron King, the CEO of Snapdocs—a digital loan closing platform for mortgages—to discuss everything from world travel to digital...

Teraverde and Loan Vision® Release Coheus® Gold
May 11, 2021, Lancaster, PA and Greensburg, PA. Teraverde and Loan Vision® announce the launch of Coheus® Gold, a cloud-based Mortgage Business Intelligence solution that provides Loan Origination System and Accounting/Finance business intelligence with a built in...

Teraverde Promotes Two Executives
Tuesday, April 14, 2021: Lancaster, PA. James M. Deitch, CEO of Teraverde, announced the promotions of Maylin Casanueva to President and Rob Peterson to Chief Technology and Innovation Officer. Casanueva’s new role will include sales and revenue growth for Teraverde’s...

The Top Five Tips to Speed Up Encompass® For Your Team
Here’s some VIVA (Valuable, Insightful, Variable and Actionable) for your team. We often hear that Encompass® the Loan Origination System can be slow. So here are the top five quick tips that may speed up Encompass for your team: 1. Restart Encompass regularly (once a...

What Is the Fuss Over URLA?
URLA stands for Uniform Residential Loan Application and is the application that is used when a person is applying for a federal loan. After 20 years, it is finally getting a facelift, and mandatory adoption is March 1, 2021. How Does It Affect You as An Encompass...

What Does the Mortgage Banking Future Really Look Like?
A discussion summary with Dave Stevens, CMB and Jim Deitch, CMB, CPA Jim: The so-called “new normal” runs much deeper than masking up in public and swapping a tailored suit for sweatpants and a tee. The COVID-19 pandemic brought about an unprecedented shift in...

3 Reasons Executives are Prioritizing Decision Intelligence
In our previous article, The Value of Data and Decision Intelligence in 2021 — and Onward, we took a deep dive into why data management is so integral to the mortgage industry in 2021 and beyond, how lenders can use their data to assess the efficiency...

The Value of Data and Decision Intelligence in 2021 — and Onward
2020 has, without question, unveiled unprecedented challenges for businesses as well as untapped opportunities for technology. With the rate of change the mortgage industry is facing, having a digital system that tracks activity and a digital platform that processes...