Blog View

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]

Hybrid Valuation: A Viable Alternative To Traditional Appraisals

Written by Audrey Clearwater on February 27, 2017

AMCs are developing hybrid approaches to expedite the appraisal process.

What Is The CFPB’s Ultimate Fate?

Written by Patrick Barnard on February 22, 2017

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]

Black Knight Pumping Out News Lately

Written by Patrick Barnard on February 20, 2017

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]

How To Boost The Inventory Of Homes For Sale

Written by Peter G. Miller on February 15, 2017

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]

Morning Commute: Does Trump Have A Reason To Fire Richard Cordray?

Written by Patrick Barnard on February 13, 2017

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]

Six Safe Ways To Loosen Mortgage Standards

Written by Peter G. Miller on February 07, 2017

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: Dodd-Frank ‘Reliance’ And Getting Real About Unemployment

Written by Patrick Barnard on February 06, 2017

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]

The Art Of The Deal

Written by Timothy Moreland on January 31, 2017

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]

Expanding The Definition Of ‘Digital Mortgage’

Written by Greg Marek on January 20, 2017

Does the definition of “digital mortgage” need to be expanded? If you consider the entire mortgage process, perhaps so.

Will Mortgage Interest Deductions Become Extinct In 2017?

Written by Peter G. Miller on January 18, 2017

Right now, a lot of people who expected to write off mortgage insurance in 2017 may be in for an April surprise.