Today’s Mortgage Professional: From Enabling To Empowering
BLOG VIEW: The role of mortgage originators has changed. The housing and mortgage crisis required a 'system reset' and a return, industry-wide, to...
HUD’s Commitment To Fair Housing
WORD ON THE STREET: Celebrating Fair Housing Month each April is always special - it gives us the chance to reaffirm the U.S....
The Single-Family Rental Asset Class: An Emerging Opportunity For Servicers
REQUIRED READING: The vast majority of families that are somewhere between initial default and foreclosure would prefer to stay in a single-family home...
A New Compliance Era Requires More Vigorous Vendor Training
REQUIRED READING: For the mortgage industry, non-compliance can be costly. Banks and mortgage companies routinely incur millions of dollars in fines and penalties...
Chuck Wells: The CFPB’s Effects On Mortgage Banking
PERSON OF THE WEEK: Compliance has never been a simple task, and the new wave of rules and guidelines from the Consumer Financial...
Bernie Sanders Vs. The Very Big Banks
BLOG VIEW: Back in February, Elizabeth Warren took center stage in her first hearing as a U.S. senator by berating federal regulators for...
The CFPB’s Pursuit Of Economic Justice
WORD ON THE STREET: The economic marketplace can be quite hostile to those in poverty or those whom society marginalizes for any reason....
The New Rep And Warrants Model And The Repurchase Dilemma
REQUIRED READING: Among the most troubling developments to mortgage originators that followed the financial crisis of 2008 were massive increases of loan repurchase...
Is Your QC In Trouble?
REQUIRED READING: With today's increased scrutiny on the internal operations of lenders and servicers, it is only natural that the requirements for quality...
Mark Coupland On Mortgage Banking’s High-Tech Hiccups
PERSON OF THE WEEK: More often than not, the mortgage banking industry needs to run faster to keep up with changing environments. A...
My Choice For The Next CFPB Director: Grumpy Cat
BLOG VIEW: In view of the stagnant state of partisan rancor in Washington, it is safe to assume that Richard Cordray will not...
So, Why Has The Recovery Been So Tepid?
WORD ON THE STREET: The decentralized structure of the Fed is one of its most important features. It has deep roots in our...
The Case For Scientific Servicing
REQUIRED READING: When you are making business decisions worth millions of dollars, you want the best information you can get. But it is...
What’s The Difference Between Regulatory Compliance And Rotisserie Chicken?
REQUIRED READING: In the late 1990s, Ron Popeil, the iconic infomercial king, introduced the Showtime Rotisserie, one of his most popular inventions. One...
Greg Friedman And The State Of The Lodging Sector
PERSON OF THE WEEK: Within the commercial real estate industry, the lodging sector has continued to experience significant improvement over the past few...
How Loan Officers Should View Today’s Purchase Market
BLOG VIEW: There is little doubt that change is coming to the mortgage industry. The run of record low rates will come to...
Working In A New Playing Field, Complete With New Headaches
REQUIRED READING: Disruptions in critical markets are known to bring regulatory change. What is also known, but less talked about, is that these...
Subservicers Work To Remain In Step With Industry Changes
REQUIRED READING: The much-quoted expression 'May you live in interesting times' is reputed to be either a proverb or a curse that originated...
William M. LeRoy: A New PHOENIX Rises
PERSON OF THE WEEK: By all accounts, William M. LeRoy has the right to rest on his laurels: A 23-year industry veteran and...
Ten Questions For Eric Holder
BLOG VIEW: If you've been following this blog, you will recall that I recently posed 10 questions for Sen. Elizabeth Warren and Consumer...