How to Gain Efficiencies in Title Production in These Challenging Times
BLOG VIEW: For years now, residential mortgage borrowers have been assured on the title front, as it has been managed superlatively by expert title professionals…
Day: February 9, 2021
Lender Leans on Core Logic for Collateral Valuation Improvements
Sierra Pacific Mortgage, a nationwide lender, has implemented CoreLogic’s collateral valuation platform to increase its underwriting capacity and improve turn times. CoreLogic’s digital solution provides…
Enhance Portfolio Retention and Minimize Pipeline Fallout with Differentiated Loan-Level Competitive Intelligence
BLOG VIEW: With the increasing competitiveness from both established players in mortgage lending as well as newcomers threatening to disrupt the industry, lenders are placing…
No FDCPA Harm, No FDCPA Foul
The United States Court of Appeals for the Seventh Circuit has recently released a veritable avalanche of debt collector-friendly opinions regarding “standing” under the Fair Debt Collection Practices Act (FDCPA), which given…
Mortgage Standards Improve; Buyers/Sellers Enthusiastic; Is This The Rate Bounce We've Been Looking For?
Access to mortgage credit increased again in January. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) rose 2.0 percent to 124.6.…
Mortgage Credit Jumped in January But Remains at Tightest Level Since 2014
Mortgage credit availability increased 2% in January compared with December, reaching a score of 124.6 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index…
FHFA Extends Foreclosure Moratorium, Forbearance Period
FHFA Tuesday announced another extension of its foreclosure and eviction moratorium through March 31. That means a ban on single-family foreclosures for loans backed by…
A Three Step Recipe for Bonuses
Bonuses are something I often get questions about. By bonuses, we mean a reward in addition to your regular salary. Not overtime or commission. This…
