Building Investor Risk Transparency Into Loan Originations
REQUIRED READING: What is the key to accurate secondary market pricing? For many people, the answer is the combination of risk transparency and...
Jerry Barbalatt Details The Challenges Of Financial Literacy
PERSON OF THE WEEK: Financial literacy has taken on a new importance in the aftermath of the 2008 crash. However, a pair of...
Addressing Misinformation On Mortgage Rates
BLOG VIEW: Mark Twain once wrote, 'If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.' I can...
Curing The Compliance Headache
REQUIRED READING: One of the recurring plot lines of the USA Network series 'Suits' is the main character's remarkable ability to remember everything...
Rakesh Malhotra Addresses The Workplace Bullying Crisis
PERSON OF THE WEEK: This week, many office workers will be eager to leave work for the Thanksgiving break - if only to...
The FHA Dilemma: Just Another Brick In The Window?
BLOG VIEW: Friday's news that the Federal Housing Administration's (FHA) Mutual Mortgage Insurance Fund (MMIF) dropped below zero into the realm of negative...
Why Has The Recovery Been So Sluggish?
WORD ON THE STREET: Why has the U.S. recovery been so sluggish and consistently weaker than expected? U.S. economic growth has been quite...
Using Technology To Solve Default Servicing Challenges
REQUIRED READING: While the mortgage servicing industry continues to adapt and evolve to accommodate new legislative developments, it seems increasingly clear that this...
The Party Divide Within Mortgage Banking
BLOG VIEW: The gathering of industry professionals at the recent Mortgage Banking Association (MBA) annual convention brought to mind a political rally. The...
Kent Griswold Celebrates The Tiny House Movement
PERSON OF THE WEEK: In May 2007, Kent Griswold launched the Tiny House Blog, with the goal of highlighting different options for homeowners...
Is Richard Cordray Using The CFPB For Political Gain?
BLOG VIEW: The good news is that the election of 2012 is now safely tucked into the history books. The bad news is...
Basel III, Banks 0
WORD ON THE STREET: I have been involved in central banking and financial supervision my entire career. I understand the importance of having...
Using Automation To Avoid A Long-Haul Short Sale
REQUIRED READING: Two years ago, borrowers had to present a serious and compelling financial reason and proof of extreme hardship in order to...
Obama V2.0
BLOG VIEW: This year's presidential election seemed like an eerie replay of the 2004 race: an unpopular president with a dismal record who...
Mark Greco: Wholesale, HARP 3.0 And Housing Recovery
PERSON OF THE WEEK: To borrow a line from Bob Dylan, the times they are a-changin' - and it is a-changin' dramatically in...
When A Casino Project Is A Very Bad Bet
BLOG VIEW: Back in July, I called attention to a dubious scheme to boost the sagging fortunes of National Harbor, a mixed-use...
HUD: Mortgage Bankers Are Not Above The Law
WORD ON THE STREET: For more than four years, our country has been recovering from the single worst economic crisis since the Great...
Using LOS Technology As A Risk Management Tool
REQUIRED READING: A loan origination system (LOS) is, to many lenders, a bit like the loyal family dog - your best friend, trustworthy,...
When Churches Face Foreclosure
REQUIRED READING: On Aug. 8, Pastor Steve Munsey addressed his congregants at the Family Christian Center in Munster, Ind., with some very serious...
Peta Lindsay: Another Presidential Candidate
PERSON OF THE WEEK: Next week, Americans will be able to vote in the presidential election. However, there are other choices on the...