ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by. Dan GreenAs we start the new year there’s no disputing we’ve sung our last Auld Lang Syne for at least eleven months. But there’s something about the song that bears thinking about.First penned by Scottish poet Robert Burns in 1788, it asks “Should old acquaintance be forgot?” Should we forget the past and the people from our past? Being rhetorical, we don’t have to answer, or do we?So much of mortgage lending’s future hinges on its history. Sure, most of us would have preferred a clean slate these past few year-ends with the option to simply look forward. But circumstances didn’t allow. However, times have changed and 2014 is different.Delinquencies and foreclosures are declining. Home prices are slowly rising. The employment picture is improving with all signs pointing to the return to a more normal economy and a steadier and potentially growing purchase money market. Assuming the next twelve months proves this, why look back when we have so much to look forward to? Because some of the answers to future success predate the housing crisis.Getting borrowers more involved in the mortgage process to the point of enabling them to self-serve on-line dates back to the turn of the century. The first to finance their homes using the internet found it a novelty. Today’s borrowers expect it. A recent survey by Accenture reveals sales of mortgages via the internet increased 75% while sales at branches fell 16%. It’s clear: borrowers meet their mortgages and their lenders in the digital, rather than the physical world. continue reading »
StumbleUpon UKGC launches fourth National Lottery licence competition August 28, 2020 Related Articles UKGC hails ‘delivered efficiencies’ of its revamped licence maintenance service August 20, 2020 Submit Share Share Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Copenhagen start-up Kiggit has confirmed that it has been awarded a UK Gambling Commission (UKGC) remote operator license. The start-up will now move to launch its social pool betting app in the UK within the coming months on both Android and iOS.Kiggit describes itself as a hybrid betting product; ‘A mix of Betfair’s Exchange and The Football Pools’. Its app allows users to create bet slips and bet against a group of friends or participate in daily and weekly pools.”Although the process has required a lot of work on documentation for the UK Gambling Commission, we now feel this has really paid off and that we have solid IP on our hands with the license”, Jakob Hagemann, CEO and founder of Kiggit, said.Gaining a UKGC license, Kiggit management will move to fully integrate a real-money wagering and payment solution to its app. The app will be launched for UK customers following a period of beta testing, with a view of enhancing its upcoming release.Commenting on his start-up’s future ambitions Jakob Hagemann further added:”We aim to position Kiggit as a leading social betting app, but also take a shot at the traditional pools providers. We simply believe our tech stack is ready and our Nordic focus on UX has what it takes to enter the highly competitive UK market. We aim for a deeper social integration, whereas more traditional operators consider it social to simply have a Facebook page”.