Fred Gooch: A Nationwide RON Law Would Help Reduce Confusion
PERSON OF THE WEEK: Mortgage lenders would be wise to keep a close eye on the passage of the SECURE Notarization Act of 2021,...
Greer Allgood: QM 2.0 is the Next Regulatory Hurdle For Mortgage Lenders
PERSON OF THE WEEK: The mortgage industry is on a never-ending quest to achieve the perfect borrower experience. Today, that means lenders must be...
Gizem Lanphar: The Big Tech Giants Have ‘Paved the Way’ to Current Borrower Expectations
The shift to an all-digital, online and “contactless” mortgage process - propelled by the pandemic - has forever altered borrowers’ expectations.
While there will always...
Matt Young: How COVID-19 Impacted Field Sales
PERSON OF THE WEEK: The last year and a half has been a challenge for many workers in the mortgage industry. Across the board,...
Madhavi Sabnis: Today’s AI-Driven Mortgage Platforms Require Employee Training
PERSON OF THE WEEK: Artificial intelligence and machine learning hold great promise for delivering a completely seamless, all-digital mortgage experience. In fact, today’s top...
Louis Zitting: Understanding What Today’s Borrowers are Thinking
PERSON OF THE WEEK: With borrower protections set to end in the months ahead, mortgage servicers continue to brace for a potential wave of...
Jay Arneja: How Lenders Can Accelerate Their E-Mortgage Strategies
PERSON OF THE WEEK: Traditional closing practices and paper-based post-closing workflows are fast becoming relics of a bygone era. Lenders that fail to embrace...
Omar Jordan: Home Equity Lending Set to Surge as Homeowners Mostly Stay Put
PERSON OF THE WEEK: Due to rapidly rising home prices, homeowners have amassed considerable home equity during the past year. And they are increasingly...
Melissa Kozicki: Collaborating on Future Mortgage Technology
PERSON OF THE WEEK: Since October 2020, the Consumer Financial Protection Bureau (CFPB) has been engaging the mortgage industry through a number of “tech...
Greg Richardson: Non-Agency Mortgage Market Set For a Comeback
PERSON OF THE WEEK: The COVID-19 crisis put a halt on the non-agency mortgage market in 2020, but issuance of non-agency residential mortgage securitizations...
Paul Gigliotti: Mortgage Industry Needs to Get More Diversity Into Recruiting Pipelines
PERSON OF THE WEEK: Mortgage lenders and servicers have made great strides during the past 10 years or so in terms of fostering diversity,...
Abhinav Asthana: The Pandemic Has Reshaped Homeownership, and Mortgage Lenders Must Adjust
PERSON OF THE WEEK: The pandemic has reshaped the housing market. Millennials who are financially positioned to buy a home are desperately searching among...
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...
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...
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...
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...