Saturday, July 20, 2024
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Person Of The Week

Jane Mason: Mortgage Servicers Can Expect Delinquencies and Defaults to Rise This Year

PERSON OF THE WEEK: The COVID-19 pandemic that began in February 2020 resulted in an unusual, intense “boom” in home sales that the housing...

Sean Faries: How Lenders Can Navigate Construction Lending Technology Options

PERSON OF THE WEEK: At a time of lower profit margins, a growing number of mortgage lenders are looking to lift their balance sheets...

Bindiya Jain: To Personalize Offerings, Mortgage Lenders Should Look at Both Credit and Property...

PERSON OF THE WEEK: Mortgage lenders are struggling in this challenging market. As a result, many are turning their focus on their existing customers...

Todd Maki: Digital Closings Transform the Borrower Experience

PERSON OF THE WEEK: Digital closings - including hybrid and all-digital - have been in use for years now, but mortgage technology companies continue...

Donna Schmidt: How Mortgage Servicers Can Protect Against Data Breaches

PERSON OF THE WEEK: The mortgage industry has been hit hard by cybersecurity incidents in recent months, causing alarm among both lenders and servicers....

Tracy Huber: One Way Lenders Can Protect Themselves From Buybacks

PERSON OF THE WEEK: Loan buybacks spiked in 2022, following the pandemic-fueled housing boom, and remained elevated through most of 2023, causing alarm for...

Rich Berg: Warehouse Lending Challenges and Outlook

PERSON OF THE WEEK: The warehouse lending segment has been adapting to some major changes during the past year and half - not the...

Miki Adams: The Growth of Down Payment Assistance Over the Past Decade

PERSON OF THE WEEK: Down payment assistance (DPA) programs have skyrocketed in popularity during the past two years, in response to the erosion of...

Steve Wiese: Lenders Must Focus on Mitigating Bias in the Appraisal Process

PERSON OF THE WEEK: For years it has been widely acknowledged in the appraisal industry that fostering greater diversity in all facets of the...

Matt Stadler: With Default Servicing, Timing is Critical

PERSON OF THE WEEK: Default servicing is an important yet very distinct segment within the mortgage servicing industry. On the surface, its purpose seems...

Randy Kozlowski: Mortgage Servicers Can Expect More Problems with Escrow in the Near Future

PERSON OF THE WEEK: Having access to current and accurate property tax data is critical for any mortgage servicer. The monitoring of property tax...

Mohammad Rashid: AI and Big Data are Revolutionizing Mortgage Lending, But Will They Reduce...

PERSON OF THE WEEK: Artificial intelligence and big data hold great promise for the mortgage lending industry. As lenders implement new and advanced AI-powered...

Susan Graham: Lessons Learned From 40 Years in Mortgage Servicing Software

PERSON OF THE WEEK: Financial Industry Computer Systems (FICS) is one of the oldest mortgage software companies in the industry. Since 1983, the firm...

Hassan Rashid: When Adopting AI, Mortgage Lenders Must Consider Both the Benefits and the...

PERSON OF THE WEEK: Artificial intelligence (AI) is poised to further revolutionize the mortgage lending process, which has already been undergoing a transformation with...

Rod Griffin: Education is the Key to Boosting Homeownership

PERSON OF THE WEEK: Today’s first-time homebuyers face a lot of obstacles - in particular, higher mortgage rates, rising home prices, lack of inventory,...

Toby Wells: Seamless MSR Transfers Are Not Pie in the Sky

PERSON OF THE WEEK: Smooth and efficient MSR transfers are crucial to keeping borrowers happy and achieving operational excellence. Unfortunately, smooth MSR transfers are...

Reena Agrawal: How AVMs Can Promote More Equitable Home Valuations

PERSON OF THE WEEK: Minority communities are facing significant hurdles in their quest to build equity and accumulate wealth when it comes to access...

JT Edelen: Alternative Data Presents a Broader Perspective of a Borrower’s Profile

PERSON OF THE WEEK: As home prices continue to rise, Americans are sitting on growing reserves of untapped home equity that they can use...

Chris Bixby: Mortgage Tech Firms Challenged to Navigate Current Economic Headwinds

PERSON OF THE WEEK: Where is the mortgage technology sector headed in 2023? In a recent interview with MortgageOrb, Chris Bixby, managing director of...

George Morales: Why Reverse Lending is Heating Up

PERSON OF THE WEEK: As mortgage lenders continue to seek out new business opportunities, reverse mortgage lending is emerging as one of the better...