The Secret Is In The Data
BLOG VIEW: What’s at the heart of the mortgage industry? Some might argue it is underwriting, or compliance, or the secondary market, or the...
New Home Loan Refinance Product May Help Address Student Debt Debacle
SoFi has worked closely with Fannie Mae to develop a new refinance program that helps borrowers mitigate student debt burden.
Closing Time: Digital Loans Are Great, But Still Not As Important As Sales
(Editor’s note: “Closing Time” is a semi-regular “Blog View” series brought to readers of MortgageOrb by the folks at Velocify, which offers an automated...
How To Avoid Losing Valuable Originators During The Winter
BLOG VIEW: Although the holidays make this the most wonderful time of the year for some, it can also be the time of year when...
When It Comes To Industry Collaboration, TRID Was Only The Beginning
Costs, investor requirements and market will only drive lenders and service providers to collaborate more than ever before in the coming months and years.
How Will Mortgage Rates Fare Under Fed Tightening?
BLOG VIEW: The Fed, after over 18 months of dithering, is finally embarking on a strong dollar policy. That is what I see as...
Delinquent Utility Bills And The Risk To Lenders
Delinquencies for utility, trash and fire district bills can be small amounts – some as low as $50 – but they often are not reported to lenders.
2017: A Year Of Uncertainty
BLOG VIEW: With the New Year looming, it's time to rethink some of the dated perceptions of the housing market and how it will...
How Lenders Can Prepare Borrowers For The Appraisal Process
BLOG VIEW: As a mortgage professional, it is likely that you know the ins and outs of the appraisal process like the back of...
What Servicers Must Know About HOA/COA Super Liens
BLOG VIEW: Homeowners associations (HOAs) and condo owners associations (COAs) are different breeds altogether. Many servicers incorrectly assume they can service these properties much...
Communicating With The Appraiser: Top 10 Guide For Getting Answers And Staying Compliant
BLOG VIEW: The home appraisal has been requested ... and the waiting begins. As a lender, many questions race through your mind: "Will the...
Three Keys To Successful Recruiting And Training
BLOG VIEW: The evolution of responsibilities for today’s mortgage professional has been powered primarily by changing demographics in the housing market. Effectively addressing the...
Appraisal Management Company Bonds Explained In Five Steps
BLOG VIEW: More than 20 states require appraisal management companies (AMCs) to get surety bonds when applying to get licensed. To some companies, surety...
Goldilocks And The Three Tolerances: The Importance Of Getting Fees ‘Just Right’ Under TRID
When it comes to disclosing fees on a loan estimate (LE), the Consumer Financial Protection Bureau (CFPB) is a lot like Goldilocks.
The October Foreclosure Surprise
BLOG VIEW: October is typically a month we all look forward to for spooky reasons. Spending time with our families for Halloween and the...
Lending To Our Nation’s Veterans: A Purpose-Driven Business
BLOG VIEW: As we celebrate Veterans Day and honor those who’ve served, it’s an opportune time to step back and discuss something that is...
Using Technology To Insulate Profits
BLOG VIEW: In November 2015, about a month after the Consumer Financial Protection Bureau's (CFPB) TILA-RESPA Integrated Disclosure (TRID) rule took effect, the Mortgage...
Five Years Isn’t Enough For Florida Homeowners Under Recent Supreme Court Statute Of Limitations...
BLOG VIEW: One of the recurring homeowner inquiries addressed over my 20 years as a Florida real estate attorney and distressed housing industry specialist...
CFPB Likely To Appeal Recent Ruling In PHH Case
BLOG VIEW: It appears that the Consumer Financial Protection Bureau (CFPB) has every intention of appealing the recent ruling by a three-judge panel in...
Converting Today’s Borrowers Into Tomorrow’s Lifetime Clients
(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...