Friday, November 22, 2024

Person Of The Week

Brian Lynch: Lenders Must Also Focus on User Experience For Employees

PERSON OF THE WEEK: When it comes to the user experience, mortgage lenders and their software partners are almost entirely focused on the borrower...

Frederick Townes: Lenders Must Do More to Build Brand Loyalty

PERSON OF THE WEEK: How important is it for mortgage lenders to invest in mortgage technology, considering that the mortgage process, in a high...

Linda Aparo: Missing, Defective Lien Releases are an ‘Epidemic’

PERSON OF THE WEEK: Lien release has always been a problematic area for mortgage lenders and title companies. With alarming frequency, lien releases are...

Jeff Leinan: Wholesale Lenders Facing Intense Competition

PERSON OF THE WEEK: The wholesale mortgage market has always been competitive, but now that refinances are down and purchase loans represent about 70%...

Mason Whitehead: Mortgage Lenders Can’t Compete on Rates Alone

PERSON OF THE WEEK: As we’ve seen time and time again, mortgage rates can have a huge impact on home buyer sentiment. In general,...

Janina Woods: Most Servicers ‘Not Prepared’ For Spike in Defaults

PERSON OF THE WEEK: With delinquencies and foreclosures at pre-crisis lows, many mortgage servicers have - as would be expected - thinned out their...

Greg Holmes: Application Fraud Has Never Been More Difficult to Commit

PERSON OF THE WEEK: Automated asset and income verification services are proving to be a God-send for the mortgage industry. Not only do these...

Sherri Carr: Commercial Servicing Software Must be Flexible and Scalable

PERSON OF THE WEEK: From selecting the proper technology to meeting strict investor reporting requirements to deciding on payment options and more, commercial mortgage...

Denis Brosnan: Disaster Relief Strategies for Mortgage Servicers

PERSON OF THE WEEK: The hurricanes and wildfires of 2018 are stark reminders that U.S. residential properties are at increasing risk of natural disasters...

Tiffany Malm: REO Market Has Seen Significant Change Since Great Recession

PERSON OF THE WEEK: The housing finance industry has undergone a complete transformation since the financial crisis struck in 2008 and how REO properties...

Gena Roach: Mobile Optimized Websites Versus Mobile Apps

PERSON OF THE WEEK: To cut operating costs, stay competitive and deliver an outstanding borrower experience, it has become imperative for mortgage lenders to...

Jorge Ponce: Abundance of Data is ‘Catalyst For Change’ in Mortgage

PERSON OF THE WEEK: From lead generation to digital point-of-sale to appraisal to automated underwriting to digital closing, technology is completely changing the mortgage...

Rick Mount: Technology Cannot Replace Human Interaction in the Mortgage Process

PERSON OF THE WEEK: Technology, in particular automation, is completely changing the mortgage industry - in most ways for the better. But will the...

Steven Usserey: Compliance Technology is the ‘Guard at the Gate’

PERSON OF THE WEEK: Steven Usserey is vice president of regulatory compliance for IndiSoft, a provider of compliance software to the mortgage industry. MortgageOrb recently...

Byron Marshall: ‘Customer Journey Mapping’ Delivers Deep Insights for Mortgage Companies

PERSON OF THE WEEK: As far as the mortgage lifecycle goes, 30 years is a long “journey,” but as many mortgage lenders are learning,...

Jon Dipre: Why SOC Compliance is Important For Mortgage Software Providers

PERSON OF THE WEEK: Most mortgage lenders and servicers are already familiar with SOC (Systems and Organization Control) reports and their value in vetting...

Aaron Lynch: Single-Vendor Approach to Mortgage Software Has its Advantages

PERSON OF THE WEEK: It’s a question that constantly nags mortgage executives and their IT teams: Is it better to go with a “single-vendor”...

Bob Jennings: Geography Drives Wide Variances in Closing Costs

PERSON OF THE WEEK: Bob Jennings is CEO of ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage...

Harry Gardner: E-Signatures Have Bright Future in the Mortgage Industry

PERSON OF THE WEEK: The electronic signature is now a standard part of the mortgage experience. Most, if not all mortgage lenders now support and...

Maria Moskver: FHFA’s Preferred Language Rule Needs Better Translation

PERSON OF THE WEEK: Last year the the Federal Housing Finance Agency (FHFA) passed its Preferred Language Rule which requires mortgage lenders to add a preferred language...