Blog View

Converting Today’s Borrowers Into Tomorrow’s Lifetime Clients

Written by Josh Friend on October 24, 2016

(This is part three of a three-part series.) BLOG VIEW: In the first part of this series, we described how the innovative tools now widely available in the mortgage industry can better enable mortgage loan officers (MLOs) to make immediate [Read More]

Why Loans With Little Down Are Coming Back

Written by Peter G. Miller on October 21, 2016

BLOG VIEW: It’s not your imagination. There are a lot more mortgage options available with little down than in the past. The part of the marketplace long dominated by Veterans Affairs and Federal Housing Administration (FHA) financing now has new [Read More]

Is It Time To Grow The Mortgage Credit Box?

Written by Peter G. Miller on October 18, 2016

Even borrowers with “lower” credit scores, say 620 or 640, are likely to have less relative debt than just a few years ago.

It’s Time To Start Reading Our Customers’ Minds

Written by Barry Hays on October 18, 2016

BLOG VIEW: This year is the 50th anniversary of Star Trek, the enduring sci-fi franchise that now has multiple generations of television and movie fans. Reading about the anniversary got me thinking about Mr. Spock’s Vulcan mind meld. It allowed [Read More]

Creating The Exceptional Borrower Experience

Written by Josh Friend on October 17, 2016

(This is part two of a three-part series.) BLOG VIEW: In the first part of this series, we described how the innovative tools now widely available in the mortgage industry can better enable mortgage loan officers (MLOs) to make contact [Read More]

Experience Lending And The Future Of LOS Selection

Written by Joey McDuffee on October 12, 2016

BLOG VIEW: IT executives in the lending space face enormous pressures when it comes to technology investments such as loan origination system (LOS) selection. Given the regulatory pressures in recent years, lenders have had ample motivation to switch systems. And, [Read More]

When Given Lemons, Make Arnie Palmers

Written by Sue Woodard on October 12, 2016

BLOG VIEW: Forget about the saying, “When life gives you lemons, make lemonade.” When it comes to the current market, I’d say, “Do something different, and make Arnie Palmers.” Today, there is good and bad news everywhere. Depending on where [Read More]

Houston, We Have Made Contact

Written by Josh Friend on October 10, 2016

(Note: This is part one of a three-part series) BLOG VIEW: One of the great technological advances in the mortgage industry has been in customer relationship management (CRM) systems. These systems, designed specifically for the mortgage industry, empower the lender [Read More]

Four Keys To A Successful, Compliant Social Media Strategy

Written by Maureen Cioni on October 10, 2016

BLOG VIEW: Loan officers have a lot to worry about, from the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule, to if and when the Fed will move rates, to how to help the next client. With so much going on, [Read More]

Four Clues That Tell Servicers Their Vendors 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]