HousingWire recognizes Sales Boomerang’s Mike Spotten for Innovation in Mortgage Technology – The Journal

WASHINGTON, DC, Dec. 1, 2021 (SEND2PRESS NEWSWIRE) – Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today announced that HousingWire has named Mike Spotten, Vice President of Product, HW Tech Trendsetter 2021 became magazine. For the third year now, the HW Tech Trendsetters Award program is highlighting the leading players in the housing industry who drive innovation with advanced digital products and services.

As Vice President of Product, Sales Boomerang, Mike Spotten leads the technological disruption of mortgage lending by continuously innovating Sales Boomerang’s groundbreaking borrower intelligence products to help mortgage lenders gain new competitive advantage. During the refi boom, Sales Boomerang noticed that lenders were losing profits due to Early Loan Payouts (EPO) and Scoffs immediately began working on a solution. Within a month, Sales Boomerang was able to release a new type of alert that notifies lenders when a borrower may have an EPO and gives lenders a chance to get back in touch with previous customers and meet their refi needs before switching lenders .

“I am honored to have my accomplishments recognized by HousingWire, a publication that carries so much weight in the mortgage industry,” said Spotten. “I strive for innovation because I stand by Sales Boomerang’s mission to use data-driven solutions to ensure that every borrower has access to the right loan at the right time.”

HousingWire’s Tech Trendsetters Awards program honors the 50 most influential and innovative technology leaders serving the housing industry. HousingWire’s editorial selection committee receives hundreds of nominations annually and selects finalists based on professional performance over the past 12 months.

“This year’s list of tech trendsetters has once again proven to be the driving force behind the digital transformation in housing,” said HousingWire editor and boss Sarah Wheeler. “This impressive list of winners finds solutions to some of the toughest challenges in the industry, from improving the borrower’s journey to streamlining every step of the real estate transaction process.”

The full list of HW Tech Trendsetters 2021 will be published in the December / January issue of HousingWire magazine. View the list of winners online at https://www.housingwire.com.

About Sales Boomerang:

Sales Boomerang changed the relationship between mortgage lenders and borrowers with the introduction of the first automated borrower intelligence system in 2017. The company’s smart alerts notify lenders as soon as a previous customer or prospect is ready and qualified for a loan. As the mortgage industry’s premier borrower loyalty tool, Sales Boomerang is trusted by 150+ lenders – including brokers, independent mortgage lenders, credit unions and banks – to build lasting borrower relationships that maximize lifelong customer value.

To date, Sales Boomerang’s alerts have allowed lenders to take out more than $ 150 billion in additional credit that would otherwise have been overlooked and achieve retention rates that average 3 to 5 times more than industry norms. To learn more about Sales Boomerang and its No Borrower Left Behind ™ ethos, visit https://www.salesboomerang.com.

About HousingWire:

HousingWire is the most influential source of news and information for the US mortgage and real estate markets. Based on independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers every day and over 7.5 million unique visitors every year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to move the markets forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com/ to learn more.

@SalesBoomerang @housingwire #HWTechTrendsetters #fintech #digitalmortgage #mortgageindustry #mortgagemarketing #noborrowerleftbehind

NEWS SOURCE: Sales Boomerang

This press release is issued by Send2Press® Newswire on behalf of the news source (Sales Boomerang), which is solely responsible for its accuracy. The information is believed to be accurate but not guaranteed. Story-ID: 77192 APDF-R8.2

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