Christine C. Rhea On Improving The Quality-Control Process
PERSON OF THE WEEK: In the years before the housing bubble, many lenders considered the subject of quality control in the same way...
Who Cares About Housing? Let’s Talk About Sex!
BLOG VIEW: The next presidential election is less than a year away, and logic would dictate that the Democratic incumbent and the nine...
Occupy Wall Street Gets It Half Right
WORD ON THE STREET: I am responding to a number of communications I received about the group that began as 'Occupy Wall Street'...
GOP Candidates Debate Housing’s Broad Strokes
BLOG VIEW: Trash Fannie and Freddie, level the playing field for smaller financial institutions, eliminate the regulatory albatross that is Dodd-Frank and hey,...
Despite Efficiencies, Servicers Challenged By Regulatory Flow
REQUIRED READING: With more - and more intensive - investor and regulatory requirements being heaped upon servicers on an almost daily basis, the...
Daniel Milstein Takes On Mortgage Banking…And Wins!
PERSON OF THE WEEK: Daniel Milstein was born in Kiev, Ukraine, and immigrated with his family to the U.S. when he was 16....
Wasted Millions On Freddie Mac’s Haldeman
BLOG VIEW: Charles E. Haldeman Jr. recently announced that he will step down next year as CEO of Freddie Mac. Haldeman was the...
The CFPB, 100 Days In
WORD ON THE STREET: One of the Consumer Financial Protection Bureau's (CFPB) primary objectives is to bring clarity to the marketplace by promoting...
So You Want To Be A Commercial Real Estate Landlord?
REQUIRED READING: The world of commercial real estate finance is filled with numerous people who have become successful and wealthy after years of...
Ignore High-Quality Customer Service At Your Own Peril
REQUIRED READING: Joe sighed as he left the impromptu marketing meeting he had called that morning. As the new marketing manager of a...
Transparency Is King Among Investor Demands
REQUIRED READING: In his forthcoming book, 'Way Too Big To Fail: How Government and Private Industry Can Build a Fail-Safe Mortgage System,' Greenwich...
Message To Occupy Wall Street: Go Home
BLOG VIEW: The Occupy Wall Street movement has been running in New York City for nearly six weeks, and the ruckus created by...
MBA’s Stevens On The Industry’s Near-Term Future
WORD ON THE STREET: The Mortgage Bankers Association (MBA) and its members strongly believe that housing will be a key factor in our...
AGs Promise Relief, Accountability
BLOG VIEW: The mortgage markets received some clarity on at least one hot-button issue this week, when the Federal Housing Finance Agency formally...
Attorney David Dunn Addresses The Harm Of Foreclosure Delays
PERSON OF THE WEEK: In the wake of historically high distressed-loan volumes and a string of black eyes for the servicing industry, overwhelmed...
How Single Point Of Contact Will Transform The Mortgage Industry
REQUIRED READING: A regulatory earthquake seeking to reform how servicers treat delinquent borrowers is not just making waves in the mortgage world; it...
How Would Herman Cain’s 9-9-9 Plan Impact Mortgage Banking?
BLOG VIEW: The latest NBC News/Wall Street Journal poll has placed former Godfather's Pizza CEO Herman Cain as the leader in the race...
Collateral Valuations Need A Green Hue
REQUIRED READING: Here is the scenario: A homeowner spends $20,000 turning his home from an energy-sucking abode into an efficient, cost-savings oasis. This...
Taking A Broker-To-Banker Path To Secondary Marketing Success
REQUIRED READING: The last several years have presented a tremendous amount of disruption as it relates to operating an efficient, profitable retail mortgage...
Steve Bergsman Returns To Levittown
PERSON OF THE WEEK: In the years following World War II, the town of Hempstead, N.Y., became the center of a real estate...