Serving an Untapped Borrower Community
BLOG VIEW: In today’s tight purchase market, Veterans Affairs (VA) renovation loans can deliver a double, bottom-line benefit to lenders. Service members,...
New Jersey Passes Licensing Law for Nonbank Mortgage Servicers
BLOG VIEW: New Jersey recently introduced legislation that regulates mortgage servicing in the state. Under the new law, which takes effect July...
Leveraging a Commercial Property Loan Insurance Strategy to Increase Credit and Grow CRE Lending
BLOG VIEW: Against a backdrop of a strong and growing economy and despite confusion over recent tax changes, commercial real estate lending...
Branch Managers Are Happier With Better Reporting Tools
BLOG VIEW: Nothing cripples a financial institution’s profitability like a dissatisfied branch manager.Branch managers are ultimately the source...
Servicers May Face New Licensing, Bonding Requirements in Montana
BLOG VIEW: Mortgage servicers in Montana may soon have to comply with changes in licensing and bonding requirements if a new bill...
Five Things Servicers Must Evaluate When Preparing for Natural Disasters
BLOG VIEW: Natural disasters around the world are occurring at an alarming rate. Every few weeks, we’re witnessing earthquakes that destroy cities,...
Time to Retire Outdated Manual Underwriting Processes
BLOG VIEW: The introduction of an advanced, automated and comprehensive platform for underwriting a loan is long overdue.In an age when digitization and automation...
Brokers Should Launch NMLS Renewal Process Well in Advance
BLOG VIEW: Many professionals in the financial sector in the U.S. must get licensed and maintain their operating rights via the Nationwide Multistate Licensing...
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...
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....
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...
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...
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...
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...
