Best Practices of Condition Management Settings in Encompass®️ by ICE Mortgage Technology®

Uncover the true impact of plugins and automation within your Encompass® environment on your workflow's efficiency. Are you optimizing your workflow or letting technology dictate the pace? Join us as we delve into these critical questions and engage in lively community discussions, unraveling the intricate interplay between plugins, automation, and workflow integration. Discover the keys to achieving synergy and productivity like never before!

👉Click here to watch the full replay: Mortgage.Community

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of January 1, 2024, in Review:

Job growth beat expectations in December, but is the labor sector as strong as the headlines imply? Plus, the minutes from the Fed’s last meeting suggest rate cuts are ahead, though the timing remains unclear. Here are the highlights:

• Job Growth Less Rosy Than It Appears
• Private Sector Job Growth Beats Expectations
• Job Openings Hit 2-year Low
• Unemployment Filings Likely Impacted by Holidays
• Fed Minutes Suggest Rate Cuts Likely

00:00 Introduction
00:58 Job Growth
03:28 Private Sector Job Growth
06:05 Fed Minutes

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

We will continue to meet on Tuesdays at 4:00 PM ET for all of our live events. Make sure to join us! We started off 2024 and our Mastering Encompass® weekly event series with a BANG. That stands for: BUSINESSES will continue to pivot. You need to have the ABILITY to pivot. NOTHING is off the table. You must document your GOALS to make sure they happen. We walked through all of these and also covered the top 4 changes you need to make in your Encompass® platform this year. See the Linkedin Post here - https://www.linkedin.com/feed/update/urn:li:activity:7146283008403140608

👉Click here to watch the full replay: www.MasteringEncompass.com

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of December 25, 2023, in Review:

After the markets were closed Monday for Christmas, the latest housing reports showed there’s broad-based home price appreciation around the country while sales are expected to pick up this year. Here are the highlights:

• Home Sales “Will Improve in 2024”
• Home Prices Continue Higher
• Continuing Unemployment Claims Near 2-year High

00:00 Introduction
01:13 Platform Support
01:47 Pending Home Sales
03:05 Lockbox Openings
03:26 Affordability and Lower Rates
05:27 Home Prices
08:33 Continuing Unemployment Claims
09:19 National Soup Month
10:40 What to Look for This Week

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of December 18, 2023, in Review:

The Fed’s favored inflation measure continues to move lower toward its 2% target while falling mortgage rates boosted existing home sales and new construction. Don’t miss these stories:

• Inflation Inching Closer to Fed’s 2% Target
• Existing Home Sales End 5-month Skid
• New Home Sales Plunge to Lowest Level in a Year
• “Improving Housing Conditions” in 2024
• Housing Starts Hit 6-Month High
• Initial Jobless Claims at 2-Month Low

00:00 Introduction
01:01 Inflation inching closer to Fed's 2% target
02:56 Benchmark Fed funds rate and rate hikes
04:32 Existing home sales update
06:08 New home sales and low inventory
08:16 Home builder sentiment
10:17 Housing starts and construction update
13:03 Demand vs. supply in the housing market
14:07 Holiday recipe bonus

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2023 MBS Highway. All rights reserved. 

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of December 11, 2023, in Review:

The Fed left rates unchanged at their meeting last week. This followed news that inflation at both the consumer and wholesale levels continued to cool in November. Here are the headlines:

• Fed Pivots, Signals Rate Cuts Are Ahead
• Continued Progress on Consumer Inflation
• Wholesale Inflation Also Cooled
• Retail Sales Stronger Than Expected
• Initial Jobless Claims at 2-Month Low

00:00 Introduction
00:37 Newsletter Overview
01:20 Podcast Replay
01:44 Fed Funds Rate Decision
02:19 Fed Chair's Press Conference
02:45 Dot Plot Forecast
03:08 Consumer Inflation Update
04:07 Wholesale Inflation Update
05:00 Stronger Than Expected Retail Sales
05:48 Initial Jobless Claims Update
06:40 Family Hack: Pancake Recipe
07:38 Upcoming Housing Data

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2023 MBS Highway. All rights reserved. 

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Today was out last live Community event of 2023 and we went out talking about a great topic. If you were wondering what other companies are doing to keep their eyes on the most critical information as owners or executives, you need to listen to this episode. We covered how to find and review loan production data from operations, as well as how to keep track of the loan-level accounting and why each is important. We also had a discussion about how the Bullseye platform is a great alternative to the Power Bi platform for all of your data visualization needs.

👉Check out the full episode for all of the details: www.MasteringEncompass.com

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

In our meeting about the Best Practices of Condition Management Settings, we talked about leveraging the "Fulfilled" methodology to notify the Underwriter which conditions to review, the differences between standard and enhanced conditions and why it matters, and also about how to maximize your post-closing condition experience. We also focused on leveraging the native function of the Workflow Engine which is found in the Encompass® on Web settings to truly automate your conditions into your eFolder.

👉Click here to watch the full replay: www.MasteringEncompass.com

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of December 4, 2023, in Review:

The latest labor sector data showed mixed results, while home prices increased. Here are the highlights:

• BLS Jobs Report Not What We Wanted
• Private Payrolls Below Expectations
• Job Openings Lower
• Jobless Claims
• Home Prices Hitting Highs

00:00 Introduction
00:48 BLS Job Report
01:21 Job Openings
03:40 Jobless Claims
05:52 Home Prices
07:44 Hack of the Week

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2023 MBS Highway. All rights reserved. 

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hi everyone, Larry Bailey here with a very important message. Today, December 11th, 2023, I am excited to announce that I have joined Awesome Technologies, Inc. as a co-owner and will be leading the leadership team as the Chief Revenue Officer. This means that I will continue working with clients like you to leverage the best technologies available, while also bringing in best practices and customizations to optimize your workflow. To learn more, please watch the video.

Check out https://www.atihelps.com/ for the best summary of what we are doing at Awesome Technologies.

Larry Bailey

Chief Revenue Officer & Co-Owner

Awesome Technologies, Inc.

4400 State Highway 121 Suite 324, Lewisville, TX 75056

Direct/Mobile: (972) 590-8919

Office: (972) 474-3919 ext 105

Click to schedule a meeting
Click to Join the Mortgage Community

www.awesometechinc.com

Mortgage Workflow Partners Inc.
888-522-7181
info@MortgageWorkflowPartners.com

Mortgage Workflow Partners Inc. is a Premier Member of the ICE Mortgage Technology™ Consulting Partner Program

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.