2020 has been an amazing year for the mortgage industry, with rates hitting record lows. 2021 too is likely to see low r...
Lenders Should Know – Amendments to the Qualified Mortgage Rule
CFPB recently released rules that revamp and expand its standards for what counts as a Qualified Mortgage, swapping out ...
The Secrets of Mortgage Originators Who Flourished During the Pandemic
The Covid-19 pandemic forced most industries to innovate and find new ways to ensure business continuity. In response to...
Optimizing Mortgage Processing Amid Pandemic
Mortgage processing is considered one of the most complex financial processes undertaken by banks and financial organiza...
Delinquencies Could Stay at Current Levels Until March 2022
According to Black Knight’s Mortgage Monitor report, 2.4 million out of 6.1 million homeowners who have been in COV...
5 Tips for Effective Mortgage Loan Processing
Mortgage origination has all along been a human-intensive and time-consuming process where it takes 35 to 40 days to clo...
Retention Blues: Servicers Must Intensify Retention Efforts
An old adage states that it is cheaper to retain an existing customer than to source a new one. For years, mortgage serv...
Mortgage Loan Modification – We Can Save You Time & Money
It’s clear that the servicing industry is continuing to place a laser-like focus on improving and controlling the borrow...
eBook: 3 Ways for Servicers to Tackle Default Servicing Challenges
The coronavirus pandemic has put mortgage servicers to the test, with record-low rates, skyrocketing unemployment, and r...
Limiting Mortgage Default Servicing Hassles in Turbulent Times
As per WSJ reports, “the current recession has made it particularly hard to determine who is creditwort...