Jeff Gentry: How Lenders and Servicers Can Streamline Their Credit Reporting Processes
PERSON OF THE WEEK: Credit reporting is a critical business function for both mortgage lenders and servicers, as it is the main way they...
Ben Fertig: Mortgage Brokers Have Opportunities in the Residential Real Estate Investor Market
PERSON OF THE WEEK: Today’s mortgage brokers face a plethora of challenges that hinder growth, from volatile interest rates and persistent inventory shortages to...
Ashley Knight: Alternative Data Sources Will Open More Opportunities for Mortgage Lenders
PERSON OF THE WEEK: Alternative data sources stand to open up more opportunities for lenders to identify consumers who qualify for a mortgage but...
Chris Mock: Leveraging Data-Driven Strategies to Navigate the New Lending Landscape
PERSON OF THE WEEK: Since the pandemic, the mortgage industry has transitioned from a refinancing boom to a market characterized by elevated interest rates....
Sundeep Mathur: Mortgage Lenders Must Ensure Their Use of AI is ‘Compliant and Responsible’
PERSON OF THE WEEK: As the mortgage lending industry rushes to leverage advanced AI, there are tenets that should be kept in mind to...
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,...