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...
Adam Stern: Lenders Need Technology That Increases Margins During Low-Volume Periods
PERSON OF THE WEEK: As mortgage technology continues to advance in 2023, it is becoming increasingly important for lenders to adopt solutions that increase...