Banking is continually evolving, and lately, I’ve been reading a lot about the need for community banks to embrace digital transformation. How do Community Banks...
In the push to be able to conduct business during the pandemic, companies sought out new technology to improve their digital capabilities for both internal...
A recent Credit Union Times article noted that while credit unions continue to perform strongly with long-time customers (those over 65 years of age), the...
I sincerely hope that you’ve been enjoying Mike Gordon’s recent posts on the changing landscape of banking in the digital world. (If you missed them,...
In my previous blog, I highlighted that different banking “personas” have differing goals with respect to digital banking. The large, national financial institutions envision digital...
While digital banking has been on the upswing for many years, the COVID 19 virus has changed its trajectory. While many consumers prefer conducting banking...
The new URLA is coming. But the status report, for July 2019, is decidedly Red. Warning signs regarding the immensity of the forthcoming changes have...
CC Pace recently completed an interesting project for a mortgage lender who had just done an acquisition. The project questioned a fundamental assumption of loan...
Although Charles Darwin adopted the term “Survival of the Fittest” from Herbert Spencer to describe his theory of evolution, it is easy to misunderstand if...
As digitization of the mortgage process (finally) gains steam, lenders need to start looking towards the future when everyone is digital. What will it mean...
Whether delivered by a rocket or obtained at a depot, the reality is that the digital mortgage has finally arrived. Regardless how different organizations may...
Almost everywhere we look, we see the signs of a rapidly progressing transformation to an online, digital future, in the way we communicate, consume entertainment,...
With Star Trek: Discovery’s television debut rapidly approaching, I can’t help but reflect on the many valuable lessons on project management I took away from...
A startling statistic that often gets overlooked is that 70% of projects world-wide fail. Each year, more than one trillion dollars are lost to failed...
Pulling from our considerable experience with the unique aspects of implementing a mortgage loan origination system (LOS), CC Pace has recently published a new white...
As a continuation of our blog series on system selection, it’s time to discuss helpful tips to facilitate a successful product demonstration. The organization and...
Is the RFP dead? As a tool for helping guide the selection of the best possible loan origination software, the traditional Request for Proposal seems...
As Wall Street analysts predict smartphone sales will continue to level off due to varying levels of market saturation, does that actually mean smartphone utilization...
Development of your business strategy requires a long and hard look ahead to the future. Anticipating what the industry may look like, what your customer...
The Missing Piece: Standardized Test Data The mortgage industry has invested heavily in standardizing the exchange of information, primarily under the auspices of MISMO. This has...
Are you competing on price? Economists and finance executives world-wide acknowledge that being the low-price leader can be a viable short-term strategy that may help...
I was recently reminded of a column I wrote back in February 2008 titled “Maintaining a Vendor Relationship”, for Mortgage Banking Magazine (available here). I’ve...
CC Pace uses the Organizational Component Model as a framework for ensuring optimal results are achieved in our projects. The model highlights the inter-dependencies of...
During the last thirty three years CC Pace has served our clients in a wide range of business and technology projects. While clients generally bring...
As compliance costs continue to soar and product selection is limited to government-regulated Qualified Mortgages (QM), mortgage bankers have tightened their belts, forced to diet...
A frequent topic of discussion these days is what division should own equity lending: consumer lending or mortgage. This question comes from our banking clients...
