Three Reasons Why Mortgage Lenders Should Embrace AI for Document Processing
BLOG VIEW: The mortgage lending industry has come a long way from the days of simple automation to create document sets for borrower closings....
Toby Wells: Seamless MSR Transfers Are Not Pie in the Sky
PERSON OF THE WEEK: Smooth and efficient MSR transfers are crucial to keeping borrowers happy and achieving operational excellence. Unfortunately, smooth MSR transfers are...
Driving Digital Innovation and Tech-Enabled Transformation
BLOG VIEW: The mortgage industry is at a tipping point in terms of technology adoption. Most lenders acknowledge the importance of adopting new technologies,...
Reena Agrawal: How AVMs Can Promote More Equitable Home Valuations
PERSON OF THE WEEK: Minority communities are facing significant hurdles in their quest to build equity and accumulate wealth when it comes to access...
Defaults Ahead: Are Lenders and Servicers Prepared?
BLOG VIEW: There is a notable shift afoot in default servicing. Defaults are ahead, and there is an impending need for mortgage lenders to...
Capitalizing on Home Equity Trends Amid an Economic Downturn
BLOG VIEW: As the mortgage market contracts in the face of inflation and high interest rates, lenders are increasingly competing for a smaller number...
Strategies LOs Can Use to Boost Sales in This Difficult Mortgage Market
BLOG VIEW: Having started in the industry as an LO and then an AE, I know full well that trudging through difficult mortgage markets...
Top Challenges Facing Residential Real Estate Appraisers Today
BLOG VIEW: The process of property appraisal is an integral element of the real estate industry. The goal of the appraisal is to determine...
JT Edelen: Alternative Data Presents a Broader Perspective of a Borrower’s Profile
PERSON OF THE WEEK: As home prices continue to rise, Americans are sitting on growing reserves of untapped home equity that they can use...
When Can a Servicer Take Possession of a Property in Oregon?
BLOG VIEW: On July 15, 2022, the U.S. Court of Appeals for the Ninth Circuit issued an unpublished opinion in the case Santoro v....
Chris Bixby: Mortgage Tech Firms Challenged to Navigate Current Economic Headwinds
PERSON OF THE WEEK: Where is the mortgage technology sector headed in 2023? In a recent interview with MortgageOrb, Chris Bixby, managing director of...
George Morales: Why Reverse Lending is Heating Up
PERSON OF THE WEEK: As mortgage lenders continue to seek out new business opportunities, reverse mortgage lending is emerging as one of the better...
Adam Stern: Lenders Need Technology That Increases Margins During Low-Volume Periods
PERSON OF THE WEEK: As mortgage technology continues to advance in 2023, it is becoming increasingly important for lenders to adopt solutions that increase...
Ashley Wood: Alternative Credit Data Could Help More Seniors Gain Access to Mortgages
BLOG VIEW: The mortgage industry has made progress in recent years to expand access to credit for more U.S. consumers as advancements in technology,...
Michele Bodda: Technology Key to Ensuring Consumers Have Fair Access to Credit
PERSON OF THE WEEK: The mortgage industry is undergoing a technological revolution - and as part of that, mortgage lenders, the GSEs, and the...
AI’s Superpower: Freeing the Human User
BLOG VIEW: Artificial intelligence, or at least the idea of it, has been around for a very long time. Some reports put the first...
How Mortgage Brokers Can Leverage Digital to Effectively Engage Borrowers
BLOG VIEW: The mortgage market is predicted to experience turbulence in 2023 due to extended periods of high interest rates, stricter qualification criteria and...
Jeremy McCarty: How Valuation Technology Can Help Lenders Capitalize on HELOC Opportunities
PERSON OF THE WEEK: The rapid pace of home price appreciation over the last decade has left most homeowners sitting in an advantageous position...
In a Tighter Market, Lenders Need Real-Time Data Across the Enterprise
BLOG VIEW: For some time now, lenders have recognized the value of real-time data, notably in the origination process through using real-time verification of...
Dean Kelker: Appraisal Modernization is Starting to Gain Momentum
PERSON OF THE WEEK: In its ongoing push to modernize the appraisal process, government-sponsored enterprise (GSE) Fannie Mae recently communicated details to its sellers...