Summary
This article reviews the performance of the mortgage industry in 2022, providing insights into key trends and market shifts. Learn about the challenges and opportunities faced by mortgage professionals, and gain a deeper understanding of the industry’s trajectory. By the end, you’ll know how to prepare for upcoming trends and position your business for success in the coming years.
Happy New Year to all Our Subscribers and Everyone Considering Joining the BNTouch Family!
You might have heard the unemployment stat is down to 7%. Which is great and all, but there is another statistic that isn’t doing so well: mortgage applications.
Oh sure, rates are down, real estate markets are tidy, and there is still a ton of disposable income in the US. Yet, you have a problem.
Specifically, reaching your target audience with a plethora of mortgage content and marketing strategies isn’t working like it used to. Why? Because prospects are rejecting your strategies. Let’s look forward to more advances in the technology driving our industry in 2023.
It comes as no surprise that mortgage technology is dominating the mortgage industry with all its advances. 2023 will bring more leads and clients for professionals who choose to automate in 2023.
New Features:
In 2022, BNTouch experienced some significant upgrades which made our task management system better than ever before.
The new features we have been working on are based on customer feedback – so feel free to let us know what you think of the new tasks and issue tracking tools.
These will help you manage issues with ease while collaborating with your team on projects.
New Features Include:
- Purchase Analysis
- Loans with Multiple Borrowers
- Checklists
- Email Constructor
- Scheduled SMS
- Credit Pulls
- Email Validation
We’re constantly working hard behind the scenes to roll out new features, so look for some exciting additions in 2023!
What to look forward to in 2023:
- New exciting AI features
- New integrations
- Improved email tracking
- More productivity tools and enhancements
- Stay Tuned for More
We are excited about the future of our product, and we hope that you are too. We are in the best position to create a stronger, bolder product that impacts our customer relationship management. There is nothing we love more than being able to give our users the best possible experience.
Thank you for your continued support in making BNTouch the best it can be!
Are you ready to join the BNTouch Family in 2023? Why not schedule a free no-obligation demo today!
Key Takeaways
- Industry Performance in 2022:
The report highlights key trends and challenges faced by the mortgage industry, providing a snapshot of market conditions.
- Identifying Opportunities:
Mortgage professionals can identify growth opportunities by understanding market shifts and adapting to changes.
- Preparing for the Future:
The report helps mortgage professionals prepare for the future by providing insights into upcoming trends and market forecasts.
Commonly Asked Questions
- What does the 2022 Year-End Report focus on?
It reviews the performance of the mortgage industry in 2022, highlighting trends, challenges, and market conditions.
- How can mortgage professionals identify opportunities?
By analyzing the market shifts and trends highlighted in the report, mortgage professionals can identify areas for growth and adaptation.
- Why is preparing for future trends important?
Understanding future trends helps mortgage professionals stay ahead of the competition and position their business for long-term success.
- What insights does the report offer?
It provides valuable insights into industry performance, market changes, and trends to help mortgage professionals plan for the future.
