Blog View

Four Clues That Tell Servicers Their Vendor Can Deliver

Written by Timothy Moreland on September 30, 2016

BLOG VIEW: Mortgage servicers remain under heavy pressure from regulators and investors and have therefore learned to carefully manage their vendor relationships. Quality, compliance and speed of delivery are all critical concerns. The vendor that pays close attention to technology [Read More]

Automation: An Underwriter’s New Best Friend

Written by Sanjeev Malaney on September 19, 2016

BLOG VIEW: It is generally acknowledged that underwriting is the most crucial function of the mortgage loan production process. And, in most cases, underwriters’ compensation reflects how important they are to a lender’s business. Yet, too often, underwriters’ skills aren’t [Read More]

How Mortgage Lenders Can Better Support Loan Officers For Greater Success

Written by Dana Fortin on September 15, 2016

BLOG VIEW: The housing industry has seen solid gains in the last several years, helping lift overall economic growth. In fact, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive month, according to the National [Read More]

Three Keys To Origination Success

Written by Daniel Jacobs on September 14, 2016

BLOG VIEW: Having worked with hundreds of successful retail branch managers over the last 20 years, I am often asked what the common traits are of the most successful originators and managers. The reality is there are many factors that [Read More]

Bubble Trouble Once The Rate Gravy Train Comes To A Halt?

Written by Jimmy Alvarez on September 12, 2016

Ask speculators who experienced the Lehman meltdown and they will tell you that there are certain signs they wish they hadn’t missed.

Making The Most Of EAD

Written by George Paquette on August 22, 2016

BLOG VIEW: In recent years, change has been synonymous with challenge. Although many regulatory changes have created added burdens for lenders and other mortgage industry participants, it’s important to acknowledge the changes simplifying mandatory processes. Consider, for instance, the Federal Housing [Read More]

Getting The Most Out Of Online Originations

Written by Lionel Urban on August 11, 2016

BLOG VIEW: Increasingly, shopping is being done online these days – and shopping for a mortgage is no exception. Millennials, in particular, are likely to at least start the process of looking for a home loan online. As that segment [Read More]

Closing Time: Investing Back Into Sales

Written by Chris Backe on August 03, 2016

(Editor’s note: “Closing Time” is a new, semi-regular “Blog View” series brought to readers of MortgageOrb by the folks at Velocify, which offers an automated marketing and sales platform geared for the mortgage industry. To read the first post in [Read More]

Why Mortgage Rates Aren’t Going Up Anytime Soon

Written by Peter G. Miller on August 02, 2016

BLOG VIEW: Mortgage rates have been consistently below 4% since New Year’s Eve, and there’s no reason to think they will suddenly soar. If anything, the market forces behind the lending process are pointing down in a way that may be [Read More]

Post-Crisis, The Word ‘Audit’ Strikes Fear In Most Mortgage Lenders

Written by Pramod Karachur on August 01, 2016

BLOG VIEW: We hear a lot about the constant changes in the mortgage industry. During the last few years, most of the changes have been due to new regulations and the need to be compliant with them. Companies have used [Read More]

New Licensing And Bonding Requirements For Iowa Appraisal Management Companies

Written by Todd Bryant on July 26, 2016

BLOG VIEW: Appraisal management companies (AMCs) in Iowa are now required to comply with a new set of requirements and conditions, as mandated by a recently enacted bill. The bill includes provisions on the conditions under which AMCs in Iowa may [Read More]

Homeowners: Are They Stingy?

Written by Sue Woodard on July 20, 2016

BLOG VIEW: A highly reliable source indicates there are more people wanting to buy homes than there are willing to sell them. The National Association of Realtors’ Housing Opportunities and Market Experience Survey from the first quarter of this year [Read More]

The Evolution And Expansion Of HECM Loans

Written by Wynetta Byers on July 18, 2016

If you think the Home Equity Conversion Mortgage, or reverse mortgage, is a relatively new product, you had better think again.

Surety Bond Now Required For Idaho Appraisal Management Companies

Written by Vic Lance on June 27, 2016

BLOG VIEW: In Idaho and across the country, the appraisal management industry is still young, but a new law passed by the state will further define and establish the profession. The new surety bond requirement is perhaps the most major [Read More]

New Automated Verification Services Lead To Improved Loan Quality

Written by Rajesh Bhat on June 08, 2016

BLOG VIEW: At first glance, there has never been an easier time to get a loan. Financial institutions and lenders saturate the market with offers of low-cost credit – all promising quick approval.

Another Reason To Adopt E-Mortgage Technology: Making The Lorax Happy

Patrick Barnard
Written by Patrick Barnard on May 20, 2016

BLOG VIEW: There are lots of great reasons for mortgage lenders to adopt the e-mortgage, but one huge benefit that sometimes gets overlooked is the tremendous savings on paper. According to recent research conducted by e-signature technology firm SIGNiX, a [Read More]

Has TRID Really Lowered Lender Profits?

Written by Peter G. Miller on May 16, 2016

It may be that TRID’s apparently negative impact on the bottom line is less certain than initial numbers suggest.

Does Your Sales Strategy Need Spring Cleaning?

Written by Chris Backe on April 18, 2016

CLOSING TIME: By most accounts, 2016 should be a solid year for mortgage lending. The Mortgage Bankers Association is predicting the best year for purchase loans since the Great Recession, with volume projected at nearly $1 trillion. And yet, I [Read More]

UnHARPing: A New Opportunity For Mortgage Lenders?

Written by Peter G. Miller on March 28, 2016

Only about 10% of existing HARP borrowers have refinanced, according to Freddie Mac, so there are a lot more who could emerge as refinancing candidates.

Is It Time For Zero-Zero Mortgages?

Written by Peter G. Miller on March 23, 2016

BLOG VIEW: Mortgage lenders have traditionally wanted both an origination fee plus points when making a loan, but now there’s evidence that such charges are going the way of landlines and boom boxes. Research from Freddie Mac shows that points [Read More]