What We're Hearing
Brian Collins and Mark Fogarty | May 17
We're hearing that it is going to take a concerted industry effort to get a legislative fix for the QM rule on loan officer compensation.
What We're Hearing
John McDermott | May 16
Remember that the three most important words in a real estate deal are location, location, location.
What We're Hearing
Garth Graham | May 15
We're hearing from a lot of mortgage originators that read my blog last week about the need to better measure borrower satisfaction with the mortgage process.
What We're Hearing
Bonnie Sinnock | May 14
We're hearing some institutional investors like a home equity sharing product that serves as a partial downpayment for consumers in return for a share of the home’s appreciation over time.
What We're Hearing
Ted Cornwell | May 13
We're hearing that the mortgage industry has some catching up to do when it comes to implementing electronic signatures.
What We're Hearing
Brian Collins and Mark Fogarty | May 10
We're hearing that the Consumer Financial Protection Bureau will be issuing new guidance on loan officer compensation in June.
What We're Hearing
John McDermott | May 09
In the Illinois Legislature a bill has overwhelmingly passed the House which is designed to reduce the filing of fraudulent documents with the county recorder of deeds.
What We're Hearing
Garth Graham | May 08
We're hearing there is a discipline that is completely lacking in the mortgage industry.
What We're Hearing
Bonnie Sinnock | May 07
We're hearing at the MBA’s secondary market conference that with many housing finance indicators and forecasts suggesting a downshift in refinancing and a modest pickup in purchases on the way, market participants do not want to be caught unprepared.
What We're Hearing
Ted Cornwell | May 06
We're hearing that cloud computing may weigh heavily on the future of mobile device management for the financial services industry—in a good way.
What We're Hearing
Brian Collins and Mark Fogarty | May 03
We're hearing that the deck is stacked against Mel Watt, and his chances of being confirmed by the Senate and sworn in as the new GSE regulator are 100-to-1 at best.
What We're Hearing
John McDermott | May 02
We're hearing about due on sale clauses, not in the traditional sense where a mortgage must be paid off when a property is sold but rather in other circumstances.
What We're Hearing
Garth Graham | May 01
There is a lot of damage a disgruntled customer could make by airing their grievance through social media.
What We're Hearing
Bonnie Sinnock | Apr 30
We're hearing that although some big players have exited wholesale in recent years, New York mortgage brokers today have the support of several strong, small to midsized lenders in this channel.
What We're Hearing
Ted Cornwell | Apr 29
We’re hearing signs of a housing recovery have been sighted along the road for quite a while now.
What We're Hearing
Brian Collins and Mark Fogarty | Apr 26
FHA needs to fix Credit Watch so every lender isn’t forced into the same narrow credit box.
What We're Hearing
John McDermott | Apr 25
Just like your mortgage payment and real estate taxes, condo charges must be paid.
What We're Hearing
Garth Graham | Apr 24
After insulting plumbers for a couple of weeks, I experienced a bit of karmic justice when I arrived home from my last round of travel.
What We're Hearing
Bonnie Sinnock | Apr 23
We're hearing both lenders and investors should make sure not to let their guard down.
What We're Hearing
Ted Cornwell | Apr 22
We're hearing the word optimism can be used in the same sentence as “mortgage servicing rights” again.
What We're Hearing
Brian Collins and Mark Fogarty | Apr 19
We're hearing that the Department of Housing and Urban Development is sending mixed signals to lenders.
What We're Hearing
John McDermott | Apr 18
We're hearing about New York attorneys negotiating the terms of the mortgage contingency in residential real estate contracts.
What We're Hearing
Garth Graham | Apr 17
Our industry is a complex system and there are a lot of pipes carrying a lot of information.
What We're Hearing
George Yacik | Apr 16
We're hearing despite all the progress the mortgage industry has made in going paperless, it's perhaps more than a little ironic that the most important event in the mortgage process is still largely a paper-driven affair.
What We're Hearing
Ted Cornwell | Apr 15
We're hearing that a funny thing happened on the way to a radiant world of paperless lending: a lot of people decided they liked using paper.
What We're Hearing
Brian Collins and Mark Fogarty | Apr 12
We're hearing the piquant financial metaphor “the dead cat bounce” recently, describing the remarkable bounce up in home prices all across the America.
What We're Hearing
John McDermott | Apr 11
We're hearing about remorse mortgages. I mean reverse mortgages.
What We're Hearing
Garth Graham | Apr 10
I love the MBA tech show. This year it is at a hotel that was refinanced by a plumbers’ trade group. Let’s keep the cracks to a minimum, please.
What We're Hearing
Bonnie Sinnock | Apr 09
We're hearing some mortgage-backed securities risks may seem larger and draw more attention, but the so-called scrivener’s error should not be overlooked because of them.
What We're Hearing
George Yacik | Apr 08
We're hearing if you look closely, you can start to see the first shoots of a reviving home equity lending industry.
