Monday, December 23, 2024

From The Orb

Louise Bright: The Importance of Having Different LO Compensation Models

PERSON OF THE WEEK: Mortgage loan originator compensation has become an increasingly complex part of the business due to regulation. As a result, more...

A Different Kind of Spring Homebuying Season

BLOG VIEW: Spring is typically peak season for homebuyers, but last spring was like no other. COVID-19 presented significant challenges for the home buying...

Chris Flynn: Why Data-as-a-Service Will See Strong Adoption in the Mortgage Industry

PERSON OF THE WEEK: Now that a majority of mortgage transactions are all-digital - or at least mostly digital - due to the pandemic,...

Rob Pajon: Mortgage Servicers Must Focus on Efficiency as Delinquencies Rise

PERSON OF THE WEEK: A lot has happened in the mortgage industry during the past 15 years - but perhaps nothing has been harder...

Paresh Deshpande: Mortgage Lenders Must Measure Engagement Across All Digital Channels

PERSON OF THE WEEK: The impact of the pandemic, coupled with a strong economy and low mortgage rates, propelled mortgage origination volume to new...

Jim Leath: Advancements in Data and Technology Continue to Change the Mortgage Industry

PERSON OF THE WEEK: Without question, technology has been a huge game changer for the mortgage industry. As the pandemic has demonstrated, borrowers today...

What Does Your Recruiting Marketing Say About Your Company

BLOG VIEW: Mortgage companies spend millions of dollars every year selling their services to consumers via modern digital marketing. And the industry is using...

Tina Johnson: How the Mortgage Industry Can Better Serve Low-to-Moderate Income Communities

PERSON OF THE WEEK: Mortgage lenders must make it their mission to actively reach out to underserved markets, including low-to-moderate income communities. Lenders have...

The Real Reason the Mortgage Industry Needs AI

BLOG VIEW: As a society, we are quick to fall in love with the latest buzzwords. Once we find one, we tend to use...

Joe Zeibert: How Lenders Can Help Their LOs Stand Out in a Crowded Market

PERSON OF THE WEEK: With multitudes of real estate and mortgage data now available online, today’s home buyers are more savvy and better-informed than...

Jim Loving: Correspondent Lenders Face Tough Call on Adding Niche Products

PERSON OF THE WEEK: The COVID-19 crisis had a profound impact on the mortgage industry in 2020. At the start of the pandemic, many...

Mortgage Lenders Must ‘Future Proof’ Their Business to Prepare for Next Rate Hike

PERSON OF THE WEEK: With historically low mortgage rates and a sudden wave of relocations due to the pandemic, 2020 saw one of the...

Restrictions on Hawai’i Low Income Housing Units a Potential Burden For Mortgage Lenders

BLOG VIEW: Similarly to other states and territories of the United States, Hawai’i has experienced difficulties with providing affordable housing units for sale to...

Ramesh Devare: Pandemic Has Redefined the Meaning of Customer Service in Mortgage

PERSON OF THE WEEK: The COVID-19 crisis has had a profound impact on the mortgage industry: Not only have mortgage lenders and servicers had...

Myth Busters: The Capital Markets and Mandatory Execution Episode

BLOG VIEW: There are some names or phrases that when uttered strike fear into the hearts of many due to the misconceptions surrounding them....

Michele Moore-Grady: Continuous Improvement in a Constantly Changing Environment

PERSON OF THE WEEK: What does “agility” mean for mortgage lenders and servicers today, more than a year out since the COVID-19 crisis began...

How to Gain Efficiencies in Title Production in These Challenging Times

BLOG VIEW: For years now, residential mortgage borrowers have been assured on the title front, as it has been managed superlatively by expert title...

Enhance Retention, Minimize Fallout with Differentiated Loan-Level Competitive Intelligence

BLOG VIEW: With the increasing competitiveness from both established players in mortgage lending as well as newcomers threatening to disrupt the industry, lenders are...

What’s the Recipe For Longevity in the Mortgage Industry?

BLOG VIEW: In a crowded industry where every organization claims to have the best service, technology, products and offerings, it takes longevity to truly...

Seizing the Digital Promises of Proptech

BLOG VIEW: The New Year is upon us. It has been the north star on the horizon for long enough that companies may have...