Sunday, November 27, 2022
Home From The Orb

From The Orb

Vinny Souza: Data-Driven Versus Model-Driven Decision-Making

PERSON OF THE WEEK: It’s safe to say that nearly every business today is using data to help make decisions. In this digital age, organizations...

The Many Benefits of CRM for Commercial Mortgage Brokers

BLOG VIEW: Nowadays, mortgage brokers, funders and lenders can find tools that help with virtually every need. Whether the priority is generating commercial real...

Sheila Klostermann: How Economic Cycles Change the Mortgage Fraud Landscape

PERSON OF THE WEEK: Although it’s nowhere near as prevalent as it once was, mortgage fraud continues to persist in a small fraction of...

How Do Surety Bonds Work for Mortgage Brokers?

BLOG VIEW: A mortgage broker is an intermediary between a business and lenders during the purchase of a commercial or residential property. Like other...

Souren Sarkar: Smart Data Fabrics Could Propel the Mortgage Industry to the Next Level

PERSON OF THE WEEK: Data is the life blood of today’s mortgage process. Without data, the origination and servicing of mortgage loans would be...

Mortgage Lenders Should Avoid the ‘Trap’ of Old Technology

BLOG VIEW: As we continue to work through the fall conference season, we’re seeing plenty of messages from people telling us they have something...

Stew Scott: Technology Helps Lenders Maintain Loan Quality During Volume Spikes

PERSON OF THE WEEK: It is well established that technology and automation can help mortgage lenders process loans faster and reduce operating costs -...

Jarod Jones: How Technology Can Empower Mortgage Lenders in a Recessionary Market

PERSON OF THE WEEK: In order for mortgage lenders to thrive in this current recessionary environment, they must be willing to broaden their product...

Why Use a Certified Appellate Specialist: Horses of a Different Color

BLOG VIEW: The old adage cautions against changing horses in mid-stream. So why should a litigant consider hiring a new attorney to handle the...

The Role of Enhanced Branch Reporting in a Purchase Market

BLOG VIEW: In further attempts to reduce inflation, the Fed is expected to enlist another 0.75-point interest rate hike later this month, pushing lenders...

Mike Whiting: For Reverse Mortgages, Timely and Accurate Payment of Property Taxes is Critical

PERSON OF THE WEEK: Reverse mortgages are forecast to increase in the coming years which means mortgage servicers and subservicers that handle these products...

Michael Hughes: The Importance of Lending Technology in the Recruiting Process

PERSON OF THE WEEK: As mortgage volume continues to contract, lenders are reducing staff and releasing excess capacity. However, they are still recruiting aggressively...

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...

Empowering Buyers to Succeed in Today’s Market

BLOG VIEW: Homebuyers have been dealing with a difficult market for some time. Until recently, the mortgage industry has been satisfied to leave the...

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%,...

Why Would a Branch Move in Today’s Challenging Market?

BLOG VIEW: Rising mortgage interest rates and rapidly rising home prices have created two massive hurdles for mortgage industry players to overcome in the...

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...

Education is the Key to Removing Barriers For Underserved Borrowers

BLOG VIEW: More companies are directing time and resources to create equity in housing and homeownership. As part of that effort, one must understand...