Don Iannitti And The State Of Mortgage Technology
PERSON OF THE WEEK: The ancient Greek philosopher Heraclitus is famous for his observation that the only thing constant is change. This week,...
Robo-Signing And The Kindness Of Strangers
BLOG VIEW: If you were at last week's Mortgage Bankers Association (MBA) Annual Convention, you may have been bewildered by the opening remarks...
Can A Case Be Made For Private Mortgage Insurance?
WORD ON THE STREET: Private mortgage insurance has long played an important role in facilitating homeownership, and has recently provided an element of...
Servicer Involvement Varies In Hardest-Hit Fund
REQUIRED READING: The latest round of loss mitigation programs - coming from 17 states using a combined $2 billion in federal funds -...
Straighten Up And Fly Right
REQUIRED READING: Imagine you're on an airplane, about to fly from the U.S. to Europe. Now imagine the pilot announcing that your aircraft...
Information Assembly – A Crucial CRE Workout Step
REQUIRED READING: On Oct. 30, 2009, the Federal Deposit Insurance Corp. (FDIC) issued a Financial Institution Letter titled 'Policy Statement on Prudent Commercial...
No Pain? No Gain!
BLOG VIEW: (Blog View columnist Phil Hall is on assignment this week at the Mortgage Bankers Association's Annual Convention & Expo. His column...
Bair: The Return Of The Stabilization Market Must Be Sustainable
WORD ON THE STREET: The economy is now recovering, but progress is slow, and the effects of the recession - including high unemployment...
Following A Paper Trail To High-Quality Hedging
REQUIRED READING: Hedging allows mortgage bankers to balance their interest-rate risk for the duration of the origination-through-purchase timeline, and to offset loan fallout....
The Foreclosure-Gate Freeze
REQUIRED READING: The foreclosure-gate freeze will act as the trigger for a wave of legal challenges. Foreclosure-gate freezes will mandate third-party audits consistent...
MERS Prevails In The Show-Me State
REQUIRED READING: With foreclosure rates maintaining record highs, borrowers and bankruptcy trustees in the past two years have started seeking new and inventive...
Foreclosure Problem? What Foreclosure Problem?
BLOG VIEW: With two weeks to go before Election Day, there is a considerable political and economic problem facing the nation: the foreclosure...
CRA Reform Needs To Involve CDFIs
WORD ON THE STREET: Over the past two-plus years, the Community Reinvestment Act (CRA) has been under unfair assault by those who wish...
Attack Of The AGs, Part II
BLOG VIEW: 'Attack Of The Attorneys General,' read the headline of Servicing Management's page three editorial. That was in September 2008, shortly after...
Taking A Different Look At Homeowner Education
REQUIRED READING: As a nation, we value homeownership because of the many benefits it brings, for both families and communities. Perhaps foremost is...
Brooks Campbell Finds Comedy In Foreclosures
PERSON OF THE WEEK: A few weeks ago, MortgageOrb ran a Blog View titled 'Are Foreclosures Funny?' The focus of that blog was...
A National Moratorium On Foreclosures?
BLOG VIEW: Two years ago this week, presidential candidate Barack Obama called for a national 90-day moratorium on home foreclosures. 'We need to...
The Office Of Financial Research, As Explained By Treasury’s Neal Wolin
WORD ON THE STREET: In drafting the Dodd-Frank Act, Congress recognized that better information and analysis will be critical to the success of...
Improving Due Diligence On Third-Party Origination
REQUIRED READING: Last year, some people assumed that wholesale lending was dead in the water. Today, however, resurgence in the wholesale channel is...
Making The Most Of In-Person Outreach
REQUIRED READING: Borrower communication has long been a sore spot for the servicing space, and the foreclosure activity of the past three years...