SPOC Challenges: What Happens When Reality Collides With Good Intentions?
BLOG VIEW: It began as a well-intentioned effort to address legitimate concerns about the handling of troubled loans during the initial painful throes...
Why Mortgages Are Better In 2015
BLOG VIEW: It's hard to imagine that mortgages could be much better in quality now compared to what we saw in 2014, but...
2015: The Era Of Vertical Model Matching In The Mortgage Industry Begins
BLOG VIEW: Several years ago, my partners and I introduced a concept into the recruiting industry: Model Match. Model Match refers to the...
Will The E-Mortgage Finally Become Reality In 2015?
BLOG VIEW: As 2015 begins, we are closer than ever to seeing a truly end-to-end electronic mortgage process. However, although the desire is...
Beware Of Fool’s Gold: How To Avoid False Claims
BLOG VIEW: The False Claims Act has taken center stage over the last few years as regulators crack down on small and large...
Retaining Mortgage Servicing Rights: Strategies For Success
BLOG VIEW: Many mortgage bankers have concluded that best execution in most cases means selling loans directly to the government-sponsored enterprises (GSEs) and...
Is Landlord A Title You Can Live With?
BLOG VIEW: With the economy on the upswing and the real estate market rejuvenated, investing in property is once again on the rise....
A New Era Is Dawning For The GSEs
BLOG VIEW: As the government-sponsored enterprises (GSEs) return to profitability and the overall housing market stabilizes, many have turned their eyes to the...
Real Estate Flipping: Is It Really So Terrible?
BLOG VIEW: When it comes to real estate flipping, there are usually two major views: Either real estate flipping is the scourge of...
Three Things Lenders Need To Stay Compliant In 2015
BLOG VIEW: Everyone knows that compliance will continue to be a huge challenge for mortgage lenders this year. Between high per-loan costs, constantly...
Home Prices: More Of The Same In 2015?
BLOG VIEW: While I realize it is an incredibly important metric to the housing industry, reporting on home prices - at least on...
Dog Bites Agent: The Legal And Ethical Issue Of Abandoned Pets
BLOG VIEW: REO listing agents, their buyer clients and field services contractors face many health and safety problems when visiting bank-owned properties. In...
The Number One Process Lenders Must Automate In 2015
BLOG VIEW: In recent years, automation has helped mortgage lenders originate, underwrite and sell loans with greater speed, fewer resources and higher quality....
Major Appraisal Changes Coming From Fannie Mae
BLOG VIEW: On Jan. 26, 2015, Fannie Mae will unveil its Collateral Underwriter (CU), a new risk assessment tool designed to help lenders...
Mortgage Loan Limits No Longer A Source Of Joy
BLOG VIEW: Mortgage loan limit announcements used to be the happiest days in real estate - annual events that told the world how...
Leveraging Data To Make Informed Lending Decisions
BLOG VIEW: The mortgage industry has evolved in terms of how it extrapolates raw data to make better lending decisions. In the past,...
Is ‘Patient’ Longer Or Shorter Than ‘Considerable Time’?
BLOG VIEW: Yesterday, we got another muddled, vapid, near-meaningless statement from the Federal Reserve as to when it might raise short-term interest rates....
Uniting For Quality Appraisals
BLOG VIEW: There is not much the housing market relies on more heavily than accurate property valuations. In this time of continued economic...
More Borrowers Deserve A ‘H4P-Pier’ Retirement
BLOG VIEW: What if I told you that you could buy a house with no mortgage payments? You'd think I was crazy, wouldn't...
Five Things Servicers Can Do Now To Improve Customer Satisfaction
BLOG VIEW: Under pressure from the Consumer Financial Protection Bureau (CFPB), mortgage servicers are placing greater emphasis on improving the customer experience. It's...