PERSON OF THE WEEK: The Trump administration’s executive order requiring federal regulatory bodies to eliminate two existing regulations for every new one they enact is just one of many actions that have created regulatory uncertainty for mortgage lenders and servicers. [Read More]
BLOG VIEW: We know that flooding is a major natural disaster that affects many parts of the world, including developed countries such as the U.S. It causes billions of dollars in infrastructure and property damage, as well as loss of [Read More]
PERSON OF THE WEEK: The e-mortgage has been evolving for several years now, and the mortgage industry is very close to achieving a true, end-to-end, fully digital mortgage process. Although some roadblocks remain, particularly with regard to the acceptance of [Read More]
MORNING COMMUTE: Welcome to Morning Commute, where it’s all about music and mortgages. And the music for this morning’s commute was: Led Zeppelin IV. Also known as the “Zoso” album. What can I say … it’s another total classic album [Read More]
PERSON OF THE WEEK: Sean Hennessey is a Maryland-based vice president for Embrace Home Loans, a nationwide mortgage lender that has been in business for more than 30 years. Currently, the firm has more than 80 offices and is licensed [Read More]
The essential mortgage story in 2017 is likely to revolve around three issues: history, rates and uncertainty.
BLOG VIEW: In today’s marketplace, consumers are becoming more selective about the brands that they choose to work with, and this extends into mortgage lending, as well. Price and convenience will always be key factors, but increasingly, U.S. consumers are [Read More]
PERSON OF THE WEEK: When it comes to the potential for regulatory rollback under the Trump administration, there are myriad possibilities. But, should the administration succeed in rolling back some or all of the onerous mortgage regulations put in place [Read More]
AMCs are developing hybrid approaches to expedite the appraisal process.
MORNING COMMUTE: I was at the Mortgage Bankers Association’s National Mortgage Servicing Conference & Expo 2017 in Dallas this past week, and, somewhat embarrassingly, I am just now getting caught up. But first, the music this morning was Jethro Tull’s [Read More]
PERSON OF THE WEEK: The fourth quarter is always a busy time of year for real estate tax matters – especially for mortgage servicers because they must be aware of any tax liens or other tax issues that could end [Read More]
BLOG VIEW: In case you haven’t noticed, mortgage software, data and analytics company Black Knight Financial Services has been pumping out news lately, starting with the release of its fourth-quarter and full-year 2016 financial results on Feb. 1. Company revenues [Read More]
BLOG VIEW: We love first-time home buyers. They’re great and wonderful people, and we have done everything possible to encourage their interest in real estate. We have lined up tax breaks they can’t get as renters, explained how property reflects [Read More]
PERSON OF THE WEEK: David Isljamovski recently returned to the mortgage business after a 10-year hiatus and now serves as national business development manager for MiMutual Mortgage. As MortgageOrb learned during a recent interview, Isljamovski has a fresh take on how [Read More]
MORNING COMMUTE: Welcome to Morning Commute, the blog dedicated to those mortgage professionals with substantial commutes – featuring random mortgage news and insights, along with a dash of music analysis thrown in for fun! This morning, the music blaring in [Read More]
BLOG VIEW: “The housing market’s biggest constraint at the moment is tight credit standards,” says The Weekly Standard – a view that is widely shared, and with some reason: According to the Urban Institute, “Lenders would have issued 6.3 million [Read More]
MORNING COMMUTE: Welcome to the inaugural edition of “Morning Commute,” a semi-regular blog dedicated to those mortgage professionals who have long commutes – whether by auto, train, cab, shuttle or subway, or any mix thereof! It’s about commuting, music, and [Read More]
BLOG VIEW: In the days following one of the most unique presidential elections in American history, the scene was anything but “business as usual.” Turmoil in the global markets, protests in the streets, rejoicing in the “red states” and endless [Read More]
PERSON OF THE WEEK: Thanks to tighter credit, the jumbo mortgage market did quite well in 2016. But there are a number of misconceptions about jumbo loans – one being that they are only available to borrowers with high incomes [Read More]
Does the definition of “digital mortgage” need to be expanded? If you consider the entire mortgage process, perhaps so.