Tuesday, September 25, 2018
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From The Orb

Setting a Growth Strategy for Commercial Lending

BLOG VIEW: As the economy improves, every sector of the real estate business is experiencing growth - or at least the opportunity for growth....

Aaron Lynch: Single-Vendor Approach to Mortgage Software Has its Advantages

PERSON OF THE WEEK: It’s a question that constantly nags mortgage executives and their IT teams: Is it better to go with a “single-vendor”...

Bob Jennings: Geography Drives Wide Variances in Closing Costs

PERSON OF THE WEEK: Bob Jennings is CEO of ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage...

What’s the Frequency: Keeping Up with Tax Installment Changes

BLOG VIEW: Mortgage servicers are routinely challenged by making timely escrow tax payments. Consistency is key. If a mortgage servicer knows that property taxes...

Why Giving Back is Good for Business

BLOG VIEW: The Community Reinvestment Act (CRA), which was enacted in 1977, is more critical than ever.Mortgage lenders must ask themselves what they are...

Harry Gardner: E-Signatures Have Bright Future in the Mortgage Industry

PERSON OF THE WEEK: The electronic signature is now a standard part of the mortgage experience. Most, if not all mortgage lenders now support and...

Maria Moskver: FHFA’s Preferred Language Rule Needs Better Translation

PERSON OF THE WEEK: Last year the the Federal Housing Finance Agency (FHFA) passed its Preferred Language Rule which requires mortgage lenders to add a preferred language...

Regtech Will Change Everything for Originators

BLOG VIEW: Viewed from the perspective of a mortgage sales professional, technology either helps one close loans or it doesn’t.But occasionally, the mortgage industry...

Grant McFarland: Mortgage Recruits Must Demonstrate ‘Genuine’ Connection with Borrowers

PERSON OF THE WEEK: Churchill Mortgage has seen impressive growth during the past few years, as evidenced by the many announcements the company has...

Karl Dahlgren: To Prepare For TRID 2.0, Mortgage Lenders Must Be Proactive

PERSON OF THE WEEK: Mortgage lenders are scrambling to prepare for the next version of the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosures...

Kevin Stitt: The Proactive Approach to Compliance Always Wins

PERSON OF THE WEEK: Kevin Stitt is the founder of Gateway Mortgage Group, a privately held, full-service mortgage company licensed in 41 states and...

MTech Will Never be FinTech and That’s a Good Thing

BLOG VIEW: The financial industry is abuzz with talk of financial technology, better known as FinTech. Everywhere you look there is a group hosting...

AMCs in South Carolina Facing New Licensing and Bonding Requirements

BLOG VIEW: The beginning of 2018 brought changes for real estate appraisers in South Carolina. As of February, to operate as an appraiser in...

Justin Cole: Culture More Important Than Technology When Adjusting to Regulatory Change

PERSON OF THE WEEK: The first quarter was a relatively quiet one, from a regulatory perspective, so what should mortgage lenders be preparing for...

The Key to Borrower Happiness: Communication

BLOG VIEW: Poor communication is often an underlying cause of the mortgage borrower complaints that flow into the Consumer Financial Protection Bureau’s (CFPB) consumer...

Angela Hurst: Regulatory Unpredictability is Biggest Challenge Mortgage Servicers Face

PERSON OF THE WEEK: Angela Hurst is senior vice president of strategy and development for U.S. Real Estate Services (USRES), a provider of real...

Hans Rusli: Technology is the Key to Helping Mortgage Lenders Reduce Costs

PERSON OF THE WEEK: Hans Rusli is CEO for IndiSoft, a provider a compliance, vendor management and valuation software to the mortgage industry. MortgageOrb...

Marrying Compliance with Innovation

BLOG VIEW: In an ever-changing regulatory environment, it may seem that compliance serves as a hurdle to achieving innovation, or at least, that innovation...

Debora Aydelotte: Diversity, Data Security and Due Diligence Driving Change in Mortgage

PERSON OF THE WEEK: Debora Aydelotte is the chief operating officer of Credit Risk Solutions, a Computershare subsidiary. A mortgage industry leader with more...

David Colwell: ‘Modular’ Approach to LOS Development Brings Advantages For Lenders

PERSON OF THE WEEK: Flexibility, configurability and scalability continue to be key attributes of the software and systems that mortgage lenders rely on to...