Shape Software Blog

The mortgage regulatory landscape can feel like a minefield. Is your CRM system a safeguard or a liability? Compliance in the mortgage industry is notoriously tough. The price of non-compliance often amounts to millions of dollars in penalties. With legal risks (not to mention fees) on the rise, it is no wonder the cost of loan servicing has increased at least four times since 2008. However, what does any of this have to do with your mortgage CRM ? A CRM or a solar software built with compliance in mind can potentially save you multiple thousands of dollars in fines and missed business opportunities. On the other hand, a poorly optimized CRM—one that sounds great on the surface but does little to protect your business—will only add to the chaos. How your CRM can help protect your business from devastating legal fees: Data Privacy and Cyber security Security and data privacy issues have always been one of the largest concerns of mortgage brokers and loan operators, and ev...

They say nothing in life is free, but when it comes to software for your mortgage business, we have to disagree. Whether you are a seasoned LO or just starting your own shop, the number one tool or “hack” that is going to save you tons of time and money is m ortgage crm  software to make you more efficient. In fact, a recent study from Nucleus Research shows that for companies that use a CRM, the average return on their technology investment is $8.71 for each dollar spent. Not yet using a CRM? That kind of return on investment is like printing money for your business. Whether you are a seasoned mortgage pro or just starting your own shop, this how-to guide will dive deep on the automation essentials for mortgage business, how mortgage software will pay for itself, and what the ideal features you need in your next CRM. CRM Automation is Your Mortgage Business’s Secret Weapon Whether it is streamlining your lending workflow, integrating all the tools you use into one central...

The corona virus (COVID-19) outbreak has introduced many unprecedented firsts to the working world-at-large. From social distancing, becoming the new normal, to home quarantining, and up to 1/3rd of American workers suddenly finding themselves working remotely for extended periods. If you have not already been a part of the remote workforce, the change may come as jarring at first. The lack of a defined schedule can be disruptive. A new-shared work space with your spouse and children may be distracting. The looming threat of the virus and its impact on friends, family, and loved ones may mean work takes a backseat. In addition, that is entirely normal. According to a Harvard Business Review study in 2019, when stress and anxiety are amplified, our body automatically triggers a “flight or fight” response, and that can lead to elevated stress levels and an inability to get things done. It is critical during this time of sweeping change to focus less on all your to-dos, use technolog...

The Solar Energy Industry Association (SEIA) estimated that “there are now nearly 1.6 million solar installations in the U.S. After reaching 1 million in 2016, 2 million should be hit in 2018 and 4 million by 2022.” 4 million…in a 50-state market. In the last decade alone, the solar industry has experienced an average annual growth rate of 68%. That’s not a growth spurt – that’s a growth boom. Warning – tricky math question ahead… Out of 4 million, how many leads does your solar business intend to capture, nurture, and convert into installations? How will you power through the boom? There’s no need for algebra to answer this question. We have the answer: as many as you can. Shape’s comprehensive, intuitive, cloud software is specifically built for the solar industry, giving you real-time results for increased productivity with the ability to deliver faster, more accurate proposals, leading to your share of those 4 million installations. Here’s a sample of th...