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...
Tackling Challenges in Mortgage Loan Servicing – Ways to Do It
Mortgage loan servicing business is experiencing significant challenges due to the COVID-19 crisis. With a rise in defau...
Implementation of Adverse Market Refinance Fee Delayed – The Impact on the Refi Market
Doug Duncan, the chief economist at Fannie Mae, says be ready to refinance because mortgage rates are going even lower. ...
Streamlining Mortgage Default Servicing: Unavailable Staff & Right Tech
Mortgage delinquencies have surged more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the mortga...