Reconsidering Data Integrity As A Secondary-Market Strategy
REQUIRED READING: Remember the days when many loan officers would introduce 'little white lies' on almost every file to help smooth out the...
Hybrid Valuations: Reliable, Maturing…And Here to Stay?
REQUIRED READING: When I think about the use of technology to value real estate, I often ponder about what the earliest attempts at...
How Low Can You Go? Agencies Revisit MSF Reductions
REQUIRED READING: With Fannie Mae and Freddie Mac's overseer leading the national dialogue pertaining to servicing-compensation reform, and the government-sponsored enterprises (GSEs) themselves...
Mortgage Banking Meets Social Media
REQUIRED READING: When discussing the new dominance of social media in daily communications, Bob Dorsa is not shy about acknowledging his combined feelings...
Can Energy-Efficiency Performance Bonds Succeed Where The PACE Program Failed?
REQUIRED READING: Property Assessed Clean Energy (PACE) programs were designed to provide funding for energy retrofits and renewable energy projects around the country....
A Waiting Game In REO Asset Management
REQUIRED READING: As of mid-March, companies handling the management and disposition of real estate owned properties (REOs) found themselves asking the same question...
The Fight To Maintain High Quality Control
REQUIRED READING: The ancient Greek philosopher Aristotle, when asked how to define quality, suggested, 'Quality is not an act, it is a habit.'...
Speeding Up The Housing Recovery With Accelerated Short Sales
REQUIRED READING: Speed and short sales are too seldom mentioned in the same sentence. Although they represent a viable solution for getting bad...
The Evolving Nature Of Loan Modifications
REQUIRED READING: Since mid-2006, when borrowers began to fall behind on their mortgage loan payments at a rapidly accelerating pace, servicers have been...
The T&I Problem Moves Toward Resolution
REQUIRED READING: Tax and insurance (T&I) defaults, well known in the conventional mortgage space, have increasingly become a problem in the reverse mortgage...
Opportunities And Obstacles Define The Subservicing Sector
REQUIRED READING: Gene Ross has one word of advice for anyone considering a move into the subservicing sector: 'Don't!' 'Companies coming into the...
The AMC’s Role In Today’s Market
REQUIRED READING: Due to recent changes in industry regulations, lenders and independent appraisers find themselves working more and more frequently with appraisal management...
Unwilling Foreclosure Plaintiff? Court Says ‘No’
REQUIRED READING: In 2009, Servicing Management reported on a procedure created by a trial judge in Darke County, a rural county in western...
Loan Lockdown: Could Mediation Leave Servicers’ Hands Tied?
REQUIRED READING: Several pieces of servicing-related legislation were introduced in the first month of the 112th U.S. Congress. Among the bills brought to...
Taking A Closer Look At The New Face Of Fraud
REQUIRED READING: Do you remember all of the suspense-filled spy movies in which the hero must defuse a bomb to save the city?...
Community Banks Fight Back With A High-Tech Toolbox
REQUIRED READING: There is a new version of the David and Goliath clash in the residential mortgage marketplace, with community banks attempting to...
Is It Time To Halt The Dual-Track System?
REQUIRED READING: If you want to start an argument among regulators, legislators, the courts, consumer advocates and the mortgage industry, ask them how...
Personal-Property Evictions Carry Liability Risk
REQUIRED READING: The old adage 'One man's trash is another man's treasure' rings particularly true for professionals operating in eviction circles. Like most...
Raising Conforming Loan Limits Will Stimulate The Economy
REQUIRED READING: Since the onset of the financial crisis, the U.S. government has attempted to implement various programs aimed at stabilizing the real...
The Return Of Warehouse Lending
REQUIRED READING: While no corner of the financial services industry was immune to the recent economic downturn, few areas were as harshly impacted...