Wednesday, November 27, 2024

Blog View

Is it Better to Work in One Channel or for a Multichannel Company?

BLOG VIEW: No matter what you do in the mortgage industry, chances are you can do it for a multichannel company or a single...

NMLS Annual Renewal Period Ends December 31

BLOG VIEW: In order to continue operating in 2021, mortgage companies, money services businesses, and debt and consumer finances companies must renew their license...

This Thanksgiving, the Mortgage Industry Has a Lot to Be Thankful For

BLOG VIEW: Thanksgiving 2020 is going to be different from other years. Some of us may not be able to celebrate it with our...

Navigating the Risk of Onboarding New Loans During a Global Pandemic

BLOG VIEW: The year began with what seemed to be a lot of promise and favorable outlook. However, after the first couple of months...

Focus on Core Values, Not Culture, for Successful Hiring

BLOG VIEW: Every organization has a culture. We all integrate some component of that culture into the interview and hiring process. We focus on...

How Client References Fuel Sales Growth

BLOG VIEW: One of the most powerful ways a company can fuel its sales is to have its clients sell on its behalf. That doesn’t...

Agility: A Key Attribute for Mortgage Lenders in a Volatile Market

BLOG VIEW: For any mortgage lender operating in a volatile market, agility is a key attribute. This is especially true in the current scenario: demand...

Preparing for Good Customer Experience in Demanding Times

These are interesting times for the mortgage industry. Unprecedented revenue gains from wind-aided refinances have been a boon to the bottom lines of many...

How Mortgage Servicers Can Ensure Compliance Amid the Pandemic

BLOG VIEW: The mortgage market has been significantly affected by the COVID-19 pandemic. With severe job losses and layoffs, many homeowners are struggling to...

How Offshore Delivery Centers are Helping Mortgage Lenders Improve Operations

BLOG VIEW: In 2019, the global outsourcing market amounted to $92.5 billion, having experienced a drastic jump in the last decade. One of the...

Tech Enhances Mortgage Accounting’s Number Crunching

BLOG VIEW: Between handling the transition to working from home and continual changes in the market, mortgage companies have been forced to embrace new...

Bracing for the Mortgage Forbearance Endgame

It’s too soon to know for sure just how big of a challenge servicers will be facing with foreclosures and REO a year or...

Playing to Strengths, Positioning Your Loan Officers For Success

BLOG VIEW: Loan officers are a cornerstone of the mortgage industry, fulfilling an important, specialized role in the loan process. The most successful lenders...

Tips for Working with Self-Employed Borrowers

(Editor's note: Information in this article is subject to change as the GSEs continue to update requirements.) BLOG VIEW: According to Pew Research, about 16...

A Holistic View of the Lending Process

BLOG VIEW: Over the past few years, mortgage visionaries have had many reasons to begin looking at the mortgage origination process in new ways....

Mortgage Losses Due to COVID-19 a Major Investor Concern

BLOG VIEW: In three months investor concern for mortgage losses went from distant thought to major valuation worry. An unprecedented virus spread has driven U.S....

From Forbearance to Post-Forbearance: How to Make the Process More Effective

BLOG VIEW: The world can change in an instant. At the beginning of the year, mortgage foreclosures and delinquencies were at an all-time low....

Are Lenders Prepared For Potential Wave of HELOCs?

BLOG VIEW: If your institution provides home equity lines of credit (HELOC)s, now is the time to be proactive, not reactive. Due to the...

Mitigating Portfolio Risk and Increasing Operational Efficiency During Economic Volatility

BLOG VIEW: Navigating the current market environment is posing challenges for all industries. In the case of mortgage servicers, the focus must now be...

Building Relationship Currency: A Loan Officer’s Guide to Becoming a Mentor, Counselor and Strategist

BLOG VIEW: Fear and uncertainty - these are the buzzwords defining the mortgage industry and the world at large right now. As mortgage and...