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Why Repealing Dodd-Frank Will Fail

Written by Peter G. Miller on June 08, 2017

The last time the Financial CHOICE Act was up before Congress, the bill went nowhere.

HMDA Changes Are Coming: Are You Prepared?

Written by Jennifer Cagle on June 05, 2017

BLOG VIEW: Nationstar Mortgage was recently fined $1.75 million for violating the Home Mortgage Disclosure Act (HMDA) by allegedly consistently failing to report accurate data about mortgage transactions from 2012 through 2014. This is the largest HMDA civil penalty imposed [Read More]

Mortgage Loan Solicitors In Vermont Must Get Bonded By Year’s End

Written by Todd Bryant on May 30, 2017

BLOG VIEW: A bill recently passed in the state of Vermont introduces changes to the licensing requirements for loan solicitors. According to the new bill, as of Dec. 31, loan solicitation companies and individuals will be required to obtain a [Read More]

Refining Property Preservation Is Doable With Technology

Written by Bill Colby on May 22, 2017

Pre-foreclosure management of properties can be greatly improved with technology.

Conferences: How Prepared Are You To Make The Most Of Them?

Written by Barry Hays on May 22, 2017

BLOG VIEW: Like the swallows returning to Capistrano, most of us have annual pilgrimages that mark the seasons. We call them conferences. The mortgage industry is fortunate to have some of the best annual conferences of any business sector in [Read More]

MORNING COMMUTE: CFPB Seeks Feedback On Mortgage Servicing Rules

Written by Patrick Barnard on May 09, 2017

MORNING COMMUTE: Morning Commute makes its triumphant return after a four-week hiatus. And the music this morning was Allan Holdsworth’s “Road Games,” a fabulous jazz fusion record from 1983 and Holdsworth’s only release on a major label (Warner Brothers). On [Read More]

Can The Mortgage Interest Deduction Really End?

Written by Peter G. Miller on May 03, 2017

Is the mortgage interest deduction safe from extinction? Like much in Washington, D.C., one must read between the lines.

Can We Avoid A GSE Bailout?

Written by Peter G. Miller on May 01, 2017

Proposals to replace Fannie Mae and Freddie Mac with new firms will falter unless Congress okays a federal line of credit.

Blockchain: The Next Mortgage Industry Shake-Up?

Written by Jason Nadeau on April 26, 2017

Why blockchain technology will be the next big thing for the mortgage industry.

Self-Driving Technology And The Mortgage Industry: What Could The Future Hold?

Written by Pramod Karachur on April 25, 2017

Much like the automotive industry, mortgage lenders and their vendor partners are now in a quest to build a fully “self-driving” mortgage process.

CFPB To The Rescue: Revisions To The Revised HMDA Rules

Written by Michael Vitali on April 18, 2017

As is to be expected with any regulatory change, there has been some confusion and uncertainty surrounding these new rules.

Using Old Technology Is One Way To Drive Away Mortgage Customers

Written by Josh Friend on April 17, 2017

BLOG VIEW: When was the last time you used a fax machine? Can’t remember? Neither can I. Yet the other day, I found myself speaking with a company that could only take my order if I sent it via an [Read More]

Closing Time: Learning Lessons From AI

Written by Chris Backe on April 14, 2017

CLOSING TIME: In the classic sci-fi film “2001: A Space Odyssey,” two astronauts find their lives in jeopardy when an onboard ship computer thinks it is smarter than the humans that built it and takes over their space mission. A [Read More]

Balancing High-Tech And High-Touch Customer Experience: Why It Matters

Written by Sandeep Hinduja on April 12, 2017

In the quest to deliver a high-tech borrower experience, lenders may inadvertently isolate high-value borrowers who prefer physical interaction.

Digital Marketing And Big Data Will Determine Mortgage Lenders’ Future Success

Written by Dana Fortin on April 10, 2017

BLOG VIEW: Today more than ever, organizations of all kinds are competing to stand out among their competitors. With the never-ending marketing noise, it is almost impossible to successfully market to consumers without a solid strategy, and mortgage lenders are [Read More]

Buying A House? Use Only Licensed Mortgage Brokers

Written by Todd Bryant on April 03, 2017

BLOG VIEW: For people wanting to buy a home, working with a professional mortgage broker is of crucial importance. Mortgage brokers save buyers time and money, have access to lenders that are unavailable to buyers, and generally have a better [Read More]

GIS Technology Now A Critical Tool In Flood Zone Determination

Written by Priscilla Anand on March 20, 2017

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]

MORNING COMMUTE: Solid Jobs Report But Wage Growth Still Lacking

Written by Patrick Barnard on March 10, 2017

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]

Is The Economic News Too Good For Mortgages?

Written by Peter G. Miller on March 08, 2017

The essential mortgage story in 2017 is likely to revolve around three issues: history, rates and uncertainty.

Placing People At The Center Of Lending

Written by Matt Price on March 06, 2017

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]