What’s The Net Tangible Benefit Test?
BLOG VIEW: The net tangible benefit test asks a tough question: Should borrowers be allowed to refinance even when it’s not in their best...
Setting a Growth Strategy for Commercial Lending
BLOG VIEW: As the economy improves, every sector of the real estate business is experiencing growth - or at least the opportunity for growth....
Aaron Lynch: Single-Vendor Approach to Mortgage Software Has its Advantages
PERSON OF THE WEEK: It’s a question that constantly nags mortgage executives and their IT teams: Is it better to go with a “single-vendor”...
Bob Jennings: Geography Drives Wide Variances in Closing Costs
PERSON OF THE WEEK: Bob Jennings is CEO of ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage...
What’s the Frequency: Keeping Up with Tax Installment Changes
BLOG VIEW: Mortgage servicers are routinely challenged by making timely escrow tax payments. Consistency is key. If a mortgage servicer knows that property taxes...
Why Giving Back is Good for Business
BLOG VIEW: The Community Reinvestment Act (CRA), which was enacted in 1977, is more critical than ever.
Mortgage lenders must ask themselves what they are...
Harry Gardner: E-Signatures Have Bright Future in the Mortgage Industry
PERSON OF THE WEEK: The electronic signature is now a standard part of the mortgage experience. Most, if not all mortgage lenders now support and...
Maria Moskver: FHFA’s Preferred Language Rule Needs Better Translation
PERSON OF THE WEEK: Last year the the Federal Housing Finance Agency (FHFA) passed its Preferred Language Rule which requires mortgage lenders to add a preferred language...
Regtech Will Change Everything for Originators
BLOG VIEW: Viewed from the perspective of a mortgage sales professional, technology either helps one close loans or it doesn’t.
But occasionally, the mortgage industry...
Grant McFarland: Mortgage Recruits Must Demonstrate ‘Genuine’ Connection with Borrowers
PERSON OF THE WEEK: Churchill Mortgage has seen impressive growth during the past few years, as evidenced by the many announcements the company has...
Karl Dahlgren: To Prepare For TRID 2.0, Mortgage Lenders Must Be Proactive
PERSON OF THE WEEK: Mortgage lenders are scrambling to prepare for the next version of the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosures...
Kevin Stitt: The Proactive Approach to Compliance Always Wins
PERSON OF THE WEEK: Kevin Stitt is the founder of Gateway Mortgage Group, a privately held, full-service mortgage company licensed in 41 states and...
MTech Will Never be FinTech and That’s a Good Thing
BLOG VIEW: The financial industry is abuzz with talk of financial technology, better known as FinTech. Everywhere you look there is a group hosting...
AMCs in South Carolina Facing New Licensing and Bonding Requirements
BLOG VIEW: The beginning of 2018 brought changes for real estate appraisers in South Carolina. As of February, to operate as an appraiser in...
Justin Cole: Culture More Important Than Technology When Adjusting to Regulatory Change
PERSON OF THE WEEK: The first quarter was a relatively quiet one, from a regulatory perspective, so what should mortgage lenders be preparing for...
The Key to Borrower Happiness: Communication
BLOG VIEW: Poor communication is often an underlying cause of the mortgage borrower complaints that flow into the Consumer Financial Protection Bureau’s (CFPB) consumer...
Angela Hurst: Regulatory Unpredictability is Biggest Challenge Mortgage Servicers Face
PERSON OF THE WEEK: Angela Hurst is senior vice president of strategy and development for U.S. Real Estate Services (USRES), a provider of real...
Hans Rusli: Technology is the Key to Helping Mortgage Lenders Reduce Costs
PERSON OF THE WEEK: Hans Rusli is CEO for IndiSoft, a provider a compliance, vendor management and valuation software to the mortgage industry. MortgageOrb...
Marrying Compliance with Innovation
BLOG VIEW: In an ever-changing regulatory environment, it may seem that compliance serves as a hurdle to achieving innovation, or at least, that innovation...
Debora Aydelotte: Diversity, Data Security and Due Diligence Driving Change in Mortgage
PERSON OF THE WEEK: Debora Aydelotte is the chief operating officer of Credit Risk Solutions, a Computershare subsidiary. A mortgage industry leader with more...