REQUIRED READING: Using Your LOS To Leverage FHA And HECM Opportunities
Christine McVie had it right in 1977 when she wrote 'Don't Stop Thinkin' About Tomorrow' for the rock group Fleetwood Mac. Lenders have...
REQUIRED READING: Property-Condition Reports Offer Vital Data
The current commercial mortgage crisis has brought about a greater level of scrutiny with respect to new loan underwriting and identifying potential risk....
REQUIRED READING: How Independent Mortgage Bankers Can Survive The Warehouse Crisis
Restoring the productivity of the U.S. mortgage marketplace is a critical, perhaps linchpin, element of both domestic and global economic recovery....
REQUIRED READING: The Volatile State Of Eviction Ordinance Requirements
As a consequence of the ongoing economic downturn, the nation as a whole, and the mortgage servicing industry in particular, continues to face...
REQUIRED READING: Cap Rate Decompression Presents Harrowing Hazards
Most people are familiar with the great danger caused to scuba divers by decompression, otherwise known as the bends. This condition is generally...
REQUIRED READING: Plans For A Post-Recovery Industry
I believe it is a good time to start thinking about life on the other side of the financial crisis. Today, the economy...
REQUIRED READING: Weighing The Pros And Cons Of Foreclosure Mediation
Nevada's Legislature holds sessions only once every two years, but shortly before closing the books on its 2009 session, lawmakers were able to...
REQUIRED READING: Foreclosure Or Receivership? Handling Distressed Properties
The rate of loan defaults among a broad spectrum of commercial projects, from condo construction to restaurant chains, continues to increase at an...
REQUIRED READING: Using Homeowner Responsibility Scores To Improve Valuation Estimates
Finding accurate values of collateral remains a major challenge for mortgage industry players. Servicers want valuation estimates before trying to modify mortgages. Banks...
REQUIRED READING: Reviewing A Self-Employed Borrower’s Tax Return
As the mortgage industry continues to experience a dramatic increase in loan modifications, understanding how to analyze the income of a self-employed borrower...
REQUIRED READING: Correspondent Lending Remains Resilient
In the domino-chain world of mortgage banking, the fall of the warehouse lending sector has toppled into the correspondent lending...
REQUIRED READING: Vendors Help Servicers Persevere Through Volume Spikes
ken into its simplest form, default outsourcing is fairly straightforward: A loan goes into default, and its servicer - for reasons ranging from a...
REQUIRED READING: Employment Verification Is As Important As Ever
unemployment rate in June reached 9.5% and may well reach 10% by the fourth quarter, according to the U.S. Bureau of Labor Statistics....
REQUIRED READING: Understanding Best Practices In Pipeline Risk Management
of the primary goals for any secondary marketing manager is to develop systems and controls for measuring and managing pipeline risks in order...
REQUIRED READING: Revamped Accounting Rules: A Sign Of The Times
r-value accounting, or so-called mark-to-market accounting, has come under intense scrutiny in the wake of the current global financial crisis. Although the Securities and...
REQUIRED READING: Can The Government Spark Commercial Lending?
current recession, which began in December 2007, is one of the longest and deepest in recent memory. The commercial real estate market reflected...
REQUIRED READING: How To Take A Pricing Engine For A Test-Drive
re comes a time in the life of many mortgage bankers when the need arises for a pricing engine. More often than not, the...
REQUIRED READING: The Regulatory Minefield Of Borrower Communications
ifornia S.B.1137, Hawaii S.B.2454, Illinois S.B.2513, Maryland S.B.216, Massachusetts H.B.4387, New Jersey S.1599, New York A.10817, Pennsylvania S.B.486, Idaho S.B.1392, North Carolina S.B.2623� the...
REQUIRED READING: What To Consider When A Hotel Falters
hotel lawyers, we are receiving an increased number of calls from clients and friends about hotels in distress, including full-service and limited-service hotels, condo...
REQUIRED READING: Warehouse Art Thou?
ing the decade's boom years, Wall Street loved Main Street, and big banks loved smaller institutions. This love fest resulted in bountiful credit lines...