Thursday, November 15, 2018
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From The Orb

Steven Usserey: Compliance Technology is the ‘Guard at the Gate’

PERSON OF THE WEEK: Steven Usserey is vice president of regulatory compliance for IndiSoft, a provider of compliance software to the mortgage industry.MortgageOrb recently...

Byron Marshall: ‘Customer Journey Mapping’ Delivers Deep Insights for Mortgage Companies

PERSON OF THE WEEK: As far as the mortgage lifecycle goes, 30 years is a long “journey,” but as many mortgage lenders are learning,...

Top 5 Borrower Questions and How Mortgage Lenders Should Respond

BLOG VIEW: Borrowers today have an unprecedented level of access into the inner workings of the mortgage process, thus enabling them to self-educate and...

Knowing is Half the Battle: Selecting a New Retail Branch Home

BLOG VIEW: The retail mortgage industry has changed drastically since the early 2000s, with brokers and originators bearing the blame for the industry implosion...

Building Bonds With Borrowers via Educational Workshops

BLOG VIEW: The housing market today is akin to the gold rush of the mid-1800s, with many prospective home buyers - and not necessarily...

Jon Dipre: Why SOC Compliance is Important For Mortgage Software Providers

PERSON OF THE WEEK: Most mortgage lenders and servicers are already familiar with SOC (Systems and Organization Control) reports and their value in vetting...

How to Retain and Engage Valuable Mortgage Staff

BLOG VIEW: As with any organization, lenders understand that managing and retaining talented employees is important for their long-term success. Mortgage lenders are facing...

What’s The Net Tangible Benefit Test?

BLOG VIEW: The net tangible benefit test asks a tough question: Should borrowers be allowed to refinance even when it’s not in their best...

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...