David Foster: How Today’s Market Impacts the Appraisals and Inspections Landscape
PERSON OF THE WEEK: The housing market has seen many changes over the past couple of years, some as a result of the COVID-19...
Joseariel Gomez: Robotic Process Automation Can Improve Lending Efficiency End-to-End
PERSON OF THE WEEK: Especially since the pandemic, mortgage lenders are adopting new technologies to automate and accelerate the mortgage process - in a...
Pamela Stahl: Mortgage Lenders Must Prioritize the Protection of Personal Financial Data
PERSON OF THE WEEK: Mortgage lenders are increasingly using technology to streamline the lending process - however, as adoption grows, security issues remain a...
Craig Crabtree: Housing Affordability Has Become a Major Issue
PERSON OF THE WEEK: Mortgage interest rates continued to rise this past week, with the average rate for a 30-year fixed-rate mortgage climbing to 5.54%,...
Keith Kemph: Why the LOS RFP is Dead – and Why That’s a Good...
PERSON OF THE WEEK: Industry observers will tell you that mortgage lenders typically turn away from an existing loan origination system (LOS) in favor...
Matthew Wood: Today’s LOS Must Be Designed with Future Technologies in Mind
PERSON OF THE WEEK: The mortgage market is, unfortunately, set for another slowdown, but that means mortgage lenders have more time to focus on...
Top Questions Lenders Have About the New Desktop Appraisal Rules
BLOG VIEW: In January, government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced that they would include a desktop appraisal option to its sellers....
Gene Shibata: Don’t Let Operational KPIs Fall Behind
PERSON OF THE WEEK: Now that pandemic-related foreclosure protections are coming to an end - and with the U.S. economy sputtering due to massive...
Otmane Laassel: How Mortgage Lenders Can Serve the Underserved
PERSON OF THE WEEK: As the mortgage industry and its regulators strive to bring homeownership to more borrowers throughout the country, many lenders are...
Joel Rickman: Mortgage Lenders Facing Rapid Changes in 2022
PERSON OF THE WEEK: Mortgage lenders have had to keep pace with some rapid changes during the past two years, particularly with the impact...
Steven Plaisance: Home Affordability Must Be Addressed
PERSON OF THE WEEK: Steven Plaisance is the president of mortgage banking for Gateway First Bank. He is also currently serving as the chairman...
Karen Kulwin: State Regulators are Increasing Their Scrutiny of Mortgage Licensing Requirements
PERSON OF THE WEEK: Licensing is an extremely important aspect of mortgage compliance, yet it is often taken for granted. Most of the entities...
Jim Voth: Digital Transformation Will Continue Despite Slowdown
PERSON OF THE WEEK: Will a slowdown in the mortgage market result in lenders cutting back on technology investments?
Not necessarily, says Jim Voth, managing...
Roxana Davidoff: CRM is All About Good Communication
PERSON OF THE WEEK: When it comes to home transactions, fast and efficient communication between the various parties involved is critical.
The challenge to achieving...
Brian Miller: Shift to Remote Work Has ‘Tipped the Scales Toward Employees’
PERSON OF THE WEEK: The shift to a purchase market, lenders’ re-expansion into niche products such as non-QM, and the reality of remote work...
John Hutchison: Creating Meaningful Partnerships Through Due Diligence
PERSON OF THE WEEK: As we continue to move into a purchase money mortgage market, lenders are finding that selling their production into the...
Wendy Hannah-Olson: Alternative Sources of Credit Data are the Next Step for Mortgage
PERSON OF THE WEEK: Technology continues to transform the mortgage market, reducing operating costs, creating more efficient processes and improving the borrower experience. The...
Pete Pannes: Servicers Must be Prepared as CFPB Ramps Up Enforcement
PERSON OF THE WEEK: Mortgage servicers handling loans in COVID-19 forbearance plans are under close scrutiny by the Consumer Financial Protection Bureau and other...
Allen Jingst: Home Equity Loans an Opportunity for Community Lenders
PERSON OF THE WEEK: With home prices reaching record highs in the first quarter of 2022, U.S. homeowners have realized significant home equity gains....
Kyle LeDuc: Finding Success With Millennial Home Buyers
PERSON OF THE WEEK: Research and market trends show that millennials are now hot to buy homes - but mortgage lenders still have a...