Thursday, October 31, 2024

Industry Updates

Healthcare Properties Introduce Special Financing Issues

REQUIRED READING: The development of healthcare real estate, such as medical office buildings (MOBs), has been a rare bright spot during the present...

TARP On A Businesslike Basis: Why A Corporate Approach Is Needed

REQUIRED READING: The closest historical analogue to the Troubled Asset Relief Program (TARP) is the Reconstruction Finance Corp. (RFC) of the 1930s....

How To Recognize Imperfect Workflow

REQUIRED READING: Suppose for a moment that Henry Ford had to deliver 100 automobiles - all different models and with different features -...

Best Capital Sources In An Altered Market

REQUIRED READING: Industry news headlines often provide valuable, high-level information on future trends, but there is also great value in looking to one's...

How A Centralized Loan Exchange Can Aid Secondary Market Stabilization

REQUIRED READING: In the aftermath of the credit crisis and the collapse of Fannie Mae and Freddie Mac as private entities, it is...

Changing The Rules In Michigan’s Bankruptcy Process

REQUIRED READING: Working in the bankruptcy world for the first half of 2009 has been both interesting and challenging. Not only have we...

Nonperforming Loans Introduce Title Risks

REQUIRED READING: When borrowers stop making payments on their mortgages, it is likely that they have also stopped paying other obligations. When those...

When Forensic Loan Audits Are Used Against Lenders

REQUIRED READING: For the past couple of years, it has become a fairly common practice for lenders and servicers to employ forensic loan...

Examining The Enforceability Of Securitized Mortgages

REQUIRED READING: An important and far-reaching decision recently issued by the Massachusetts Land Court significantly changes the state's foreclosure practice and detrimentally affects...

MERS Cases: The Good, The Bad & The Ugly

REQUIRED READING: There is little doubt that America is infatuated with convenience and efficiency. The assembly line, the microwave, the Internet, speed dating...

Is There Any Viability Left In The Jumbo Mortgage Market?

REQUIRED READING: When it comes to jumbo mortgages, Jim Deitch is marching to the proverbial different drum. 'We are originating jumbo product,' says...

Uncovering The Hidden Truths In Mortgage Portfolios

REQUIRED READING: Uncertainty continues in the mortgage industry, and servicers are not only dealing with the fallout from nonperforming loan losses, but also...

During Pre-Foreclosure, Complete A New ESA

REQUIRED READING: The number of foreclosures on commercial properties continues to rise, and these troubled properties include everything from office buildings, industrial buildings...

REQUIRED READING: Avoiding HVCC Pitfalls

In business and in life, you're much more likely to reach your destination successfully if you know the pitfalls along the way. In...

REQUIRED READING: Evaluating 2009’s Milestones, 2010’s Challenges

There are many ways servicers might describe the developments of 2009, but dull isn't one of them. We know. We asked. As the...

REQUIRED READING: Understanding The Challenges Of Adding And Managing Branches

Just a year ago, some people in the industry were speculating that mortgage brokers were going to transition into bankers as loan volume...

REQUIRED READING: Increased REMIC Flexibility May Ease Loan Resolution

In recent years, many lenders have securitized their loans on commercial properties in real estate mortgage investment conduits (REMICs). A REMIC is a...

REQUIRED READING: Fed Leaders Spell Out Concerns For 2010

What can the mortgage banking industry expect in the new year? According to recent speeches offered by several leaders within the Federal Reserve...

REQUIRED READING: A Preview Of 2010 In Mortgage Banking

Predicting the future of any industry, especially one as complex as mortgage banking, can be challenging. So let's start with one of the...

REQUIRED READING: Outreach Equals Customer Retention

Since the foreclosure crisis began rearing its head years ago, one piece of advice has continually been directed servicing managers' way: Think proactively....