Is It Time To Take Control Of Your Appraisal Management?
REQUIRED READING: It doesn't take a Type-A personality to want control over the appraisal effort. Nearly all lenders are concerned about their processes...
Eviction, California-Style
REQUIRED READING: In order to reduce the impact of foreclosures on the California economy and provide some stability with respect to residential housing,...
When Servicing Cost Containment Becomes A Horror Story
REQUIRED READING: Everyone loves a good horror story - as long as it is make-believe, of course. For too many servicing operations, however,...
Using REITs To Finance Solar Power Development
REQUIRED READING: Investment in solar energy projects is being threatened. A number of factors are contributing to this situation. The investment tax credit...
Building Investor Risk Transparency Into Loan Originations
REQUIRED READING: What is the key to accurate secondary market pricing? For many people, the answer is the combination of risk transparency and...
Curing The Compliance Headache
REQUIRED READING: One of the recurring plot lines of the USA Network series 'Suits' is the main character's remarkable ability to remember everything...
Using Technology To Solve Default Servicing Challenges
REQUIRED READING: While the mortgage servicing industry continues to adapt and evolve to accommodate new legislative developments, it seems increasingly clear that this...
Using Automation To Avoid A Long-Haul Short Sale
REQUIRED READING: Two years ago, borrowers had to present a serious and compelling financial reason and proof of extreme hardship in order to...
Using LOS Technology As A Risk Management Tool
REQUIRED READING: A loan origination system (LOS) is, to many lenders, a bit like the loyal family dog - your best friend, trustworthy,...
When Churches Face Foreclosure
REQUIRED READING: On Aug. 8, Pastor Steve Munsey addressed his congregants at the Family Christian Center in Munster, Ind., with some very serious...
Community Banks And Housing Finance Reform
REQUIRED READING: Community banks represent approximately 20% of the mortgage market - but, more importantly, much of this mortgage lending is concentrated in...
A New Assault On Mortgage Fraud
REQUIRED READING: Mortgage fraud is alive and well. The Financial Crimes Enforcement Network reported that financial institutions filed 92,028 mortgage loan fraud complaints...
Foreclosures? Fuggedaboutit! Loss Mit Alternatives Abound
REQUIRED READING: The goal of every lender and servicer is to have each mortgage perform at its maximal potential. This means that every...
How AMCs Help Lenders Expand Into New Markets
REQUIRED READING: As the residential mortgage industry continues to retrench and rebound, some lenders are choosing to expand their geographic footprint to reach...
A Foreclosure Fraud Primer
REQUIRED READING: The foreclosure crisis has generated an extraordinary amount of discussion, debate and media coverage - much of it focused squarely on...
Five Steps For Improving The Borrower’s Experience
REQUIRED READING: The Consumer Financial Protection Bureau (CFPB) has made the plight of borrowers a more important consideration for lenders making technology investments....
HAMP: The Sequel
REQUIRED READING: When the federal government first introduced the Making Home Affordable (MHA) program in 2009, the Home Affordable Modification Program (HAMP) was...
It Pays To Be Nice To The Consumer
REQUIRED READING: Laurence Platt, a prominent attorney with the Washington, D.C.-based law firm K&L Gates, recently told an audience of mortgage bankers, 'You...
The Other Side Of Reverse Mortgages
REQUIRED READING: What could happen to a reverse mortgage portfolio if it was poorly managed by a servicer? You can probably guess the...
The Five Key Considerations For Effective Collections
REQUIRED READING: The writer Henrik Ibsen once remarked, 'Home life ceases to be free and beautiful as soon as it is founded on...