PERSON OF THE WEEK: Chris Backe is director of financial services for Velocify, a provider of customer relationship management, lead generation and sales automation solutions to the mortgage industry. MortgageOrb recently interviewed Backe to learn more about how mortgage lenders [Read More]
After nine years, the market is moving to the other side of the cycle. The foreclosure crisis is winding down, and with it, fewer homeowners will be forced into renting.
PERSON OF THE WEEK: Lionel Urban is CEO, founding partner and chairman of the board for PCLender, a provider of loan origination technology to the mortgage industry. During his nearly 30 years in the mortgage banking industry, Urban has acquired [Read More]
Millions of people are leaving college and technical or trade schools with a lot of debt – and that debt is interfering with family formations and homeownership levels.
BLOG VIEW: Mortgages with no money down have a certain cringe factor – a leftover from the go-go era of real estate financing that ended with the market collapse of 2007 and the loss of millions of homes to foreclosure. [Read More]
BLOG VIEW: Just over one month ago when most Americans were in the midst of the usual holiday bustle, the Federal Reserve voted to raise the central bank’s benchmark interest rate (from a 0%-0.25% range to a 0.25%-0.5% range) after [Read More]
As the mortgage industry becomes more female-centric, the potential for women to attain executive-level positions has increased.
PERSON OF THE WEEK: John Walsh is the CEO of LERETA, a national provider of real estate tax service and flood hazard determination products that help lenders and servicers increase the efficiency of their operations; reduce costs; and improve their [Read More]
BLOG VIEW: Given the changes in the servicing industry over the last few years, it has become clear to lenders that in many cases, it simply is not in their best interest to service their own loans. Having a robust [Read More]
PERSON OF THE WEEK: Paul Clifford is president of Simplifile, a software company founded in 2000 that connects lenders, settlement agents and counties. Simplifile leads the nation with the largest e-recording network, having securely e-recorded over 40 million land record [Read More]
BLOG VIEW: It’s been a very good year for the Federal Housing Administration (FHA). At the start of 2015, the FHA cut its annual mortgage insurance premium (MIP) by 0.5% for most borrowers, and the results have been spectacular. The [Read More]
PERSON OF THE WEEK: Andy Pollock is the new senior managing director of Clayton Consulting Services, a specialty consulting firm that helps mortgage originators, servicers, banks, regulators, private equity firms and the government-sponsored enterprises (GSEs) improve their operations and maintain [Read More]
BLOG VIEW: Mortgage servicing has become more complex since the housing bust of 2008. Servicers have seen an increase in regulations and responsibilities. Being able to automate routine processes and reduce errors is vital to being successful in modern-day mortgage [Read More]
PERSON OF THE WEEK: Lisa Mihelcich is chief operating officer of zipLogix, a subsidiary of Real Estate Business Services Inc. (REBS) and a joint venture between REBS and the National Association of Realtors that offers forms software to the real [Read More]
PERSON OF THE WEEK: Keith Guenther is CEO of USRES and RES.NET, offering real estate owned (REO) disposition, default valuations services and technology to the mortgage banking industry. MortgageOrb recently interviewed Guenther to learn more about how the vendor selection [Read More]