Repeat Buyers Forecast to Drive Larger Share of Market Once COVID-19 Crisis Abates
BLOG VIEW: The effects of COVID-19 have touched virtually every area of life, and all eyes have been fixed on the economy to see...
2020 Vision: What Can Mortgage Lenders Expect in the New Year?
BLOG VIEW: This past year was a great one for consumers looking to refinance or buy a home. The Fed cut rates three times...
Saying Goodbye to the Month-End Close and Hello to Real-Time Data
BLOG VIEW: Picture this: It’s a typical Tuesday and you head to the grocery store to buy a few things on your list. When...
Knowing the Company Why: The Key to Understanding
BLOG VIEW: Have you ever wondered why your company exists? We all work for a company where we know what we provide, how we...
Mortgage Lenders Must Embrace the New ‘Data Economy’
BLOG VIEW: The most significant legacy of the 2008 recession and economic crisis for mortgage lenders is not the advent of the Consumer Financial...
Addressing the Impact of Process Risk in Commercial Mortgage
BLOG VIEW: Commercial mortgage lending represents a more than $2 trillion industry in the U.S. - and as the economy continues to improve, entrepreneurs...
The Value of In-House Servicing
BLOG VIEW: When evaluating whether to retain or outsource servicing, some mortgage lenders may assume they lack the resources to effectively manage the process...
Diving In: What Lenders Need to Know about the Specified Pool Market
BLOG VIEW: Moving from best execution to mandatory represents a significant milestone in the evolution of a mortgage lender’s secondary marketing department, but the...
Technology’s Growing Role in Vendor Due Diligence
BLOG VIEW: One of the most arduous tasks facing any mortgage lender's vendor management team is due diligence. There is a lot of effort...
How Mortgage Lenders Can Remain Successful During Mergers and Acquisitions
BLOG VIEW: As competition heats up in the mortgage industry, there has been extensive consolidation in the form of mergers and acquisitions (M&A).
M&As create...
First Impressions Are Crucial to Starting the Mortgage Process
BLOG VIEW: It’s a common saying that individuals make a decision to trust you, whether consciously or not, within ten minutes of meeting you.
Because...
Four Alternatives to Traditional Home Appraisals
BLOG VIEW: An appraisal is a necessary part of any real estate transaction. It is the process of developing an opinion of value on...
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, especially our...
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 28, servicers...
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 continues to...
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 of market share, both in terms...
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 passes in...
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, wildfires that...
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...