Financial Education: The Ultimate Tool For Tomorrow
WORD ON THE STREET: Financial education supports not only individual well-being, but also the economic health of our nation. As the recent financial...
Opportunities Expand For E-Signatures
REQUIRED READING: For years, the paperless mortgage has stood as the holy grail of all mortgage technology efforts. There have been sufficient reasons...
Homeownership Is Still Elusive For Too Many Americans
REQUIRED READING: Homeownership has been a key element of the American Dream, but unfortunately, that dream has never been equally shared by all...
V. Michael Santoro And John S. Rizzo: Protecting Your Business Reputation Online
PERSON OF THE WEEK: Among the assorted tomfoolery floating around cyberspace is a quote that reads, 'Don't believe everything you read on the...
Who’s Afraid Of The CFPB?
BLOG VIEW: On June 21, a lawsuit was filed in U.S. District Court in Washington, D.C., that challenged the constitutionality of the Consumer...
Why We Need National Mortgage Servicing Standards
WORD ON THE STREET: Mortgage servicing issues are sensitive and important because they involve the frightening prospect of people losing their homes. Think...
And The Secret Ingredient Is…?
REQUIRED READING: I have become somewhat addicted to a television show: Food Network's 'Iron Chef America.' I believe the program's draw factor is...
Is Your Corporate Website Mobile-Ready?
REQUIRED READING: It is estimated that 90% of companies are either entirely ignoring or at least woefully lacking in mobile device support for...
Gabriel Diani: Screams, Laughs, Real Estate
PERSON OF THE WEEK: For many real estate finance professionals, there is no need to pay to see a horror movie - the...
Message To The CFPB: First, Do No Harm
BLOG VIEW: (This week's Blog View is written by David Coster, author of Total Mortgage Services' Total Mortgage Blog. Phil Hall's regular blog...
The CFPB: Problem Or Solution?
WORD ON THE STREET: The Consumer Financial Protection Bureau (CFPB) recently marked its first year in operation. Given the unusual structure of the...
A Servicer’s Choice: General Ledger Vs. Trust Accounting
REQUIRED READING: Loan servicers often assume that it is sufficient to have a general ledger accounting system to track loan payments received from...
To Outsource Or Not To Outsource?
REQUIRED READING: The old saying 'What goes around, comes around' is certainly true within the default servicing industry. Just as the housing market,...
Phil Huff On The State Of Appraisal Data
PERSON OF THE WEEK: Tim Berners-Lee, the inventor of the World Wide Web, when once queried about data technologies, said, 'Data is a...
Are There Clowns In Your C-Suite?
BLOG VIEW: You don't need to be an ichthyologist to know that a fish rots from the head down. And the distinctive piscine...
The Road Not Taken
WORD ON THE STREET: We've all faced business decisions that offer the opportunity to choose between taking the high road and the low...
Warehouse Lending Has A New Playing Field
REQUIRED READING: Warehouse funding is finally becoming more widely available in the mortgage industry. But lenders - many of which are new to...
How Limited Secondary Options Impact Wholesale Mortgage Bankers
REQUIRED READING: It is no secret that Bank of America's exit from correspondent lending last year left wholesale mortgage bankers with a limited...
Scott Goldstein Connects The Data Dots
PERSON OF THE WEEK: An intelligent use of data can prove to be the difference between an industry leader and an also-ran. To...
Edward DeMarco: Three Years And Counting
BLOG VIEW: This month marks Edward DeMarco's third anniversary as acting director of the Federal Housing Finance Agency (FHFA). Yes, I know that...