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...
Brian Augenstein: Ease of Software Development Will Drive Technological Change in Mortgage
PERSON OF THE WEEK: In the mortgage industry, there has been a strong focus on how technology is improving the origination process, with many...
Jeff Weinstock: MISMO Standards Pave the Way for Interoperability
PERSON OF THE WEEK: To improve communication between software vendors in the loan origination process, the Mortgage Industry Standards Maintenance Organization (MISMO) began establishing...
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...
Mohammad Rashid: Use of Big Data, AI in Mortgage is Nowhere Near its Full...
PERSON OF THE WEEK: Big data, automation and artificial intelligence (AI) are revolutionizing the mortgage industry - but it would seem that mortgage lenders...
David Eichenblatt: CRE Lenders Must Adapt to New Market Realities
PERSON OF THE WEEK: The commercial real estate (CRE) industry continues its steady growth as we move through 2019. As the number of CRE...
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...
Dawn Douglass: Lenders Must Focus on the Borrower Journey
PERSON OF THE WEEK: Mortgage technology firm Volly aims to reshape the future of mortgage lending.
Offering CRM, marketing automation, portfolio retention and point-of-sale (POS)...
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...
Tedd Smith: Mortgage Lenders Can Be Confident in Technology ROI
PERSON OF THE WEEK: As the cost to originate loans continues to increase, mortgage lenders are struggling to turn a profit. According to the...
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...
Jonathan Willen: Automation Now a Critical Aspect of Property Tax Services
PERSON OF THE WEEK: Property tax services remains an important outsourced function for the mortgage industry and, like all the other parts of the...
Tyler Sawyer: Lenders Must Data Model the ‘Most Likely Borrower’
PERSON OF THE WEEK: Automation of the mortgage application process has become increasingly sophisticated. Lenders today are almost universally deploying advanced online portals where...
Dori Daganhardt: Data Integrity One of the Mortgage Industry’s Biggest Challenges
PERSON OF THE WEEK: Technology continues to revolutionize the mortgage industry, from origination through servicing through secondary marketing, but along with this revolution has...
Brian Lynch: Lenders Must Also Focus on User Experience For Employees
PERSON OF THE WEEK: When it comes to the user experience, mortgage lenders and their software partners are almost entirely focused on the borrower...
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...
Frederick Townes: Lenders Must Do More to Build Brand Loyalty
PERSON OF THE WEEK: How important is it for mortgage lenders to invest in mortgage technology, considering that the mortgage process, in a high...
Linda Aparo: Missing, Defective Lien Releases are an ‘Epidemic’
PERSON OF THE WEEK: Lien release has always been a problematic area for mortgage lenders and title companies. With alarming frequency, lien releases are...
Jeff Leinan: Wholesale Lenders Facing Intense Competition
PERSON OF THE WEEK: The wholesale mortgage market has always been competitive, but now that refinances are down and purchase loans represent about 70%...