Herman Thordsen | May 16
On May 8, four men were convicted in a California court of defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services.
Pramod Karachur | May 16
An effective client management system can help the process following an initial counseling session.
Lisa Weaver | May 15
Small and midsize financial institutions and nonbanks look to steady their income stream by retaining servicing in lieu of servicing release premiums.
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.
Bliss Sawyer | May 14
The message: "Let me help you grow your business."
Shari Olefson | May 14
At the end of the day, the debate over the future of the Federal Housing Administration, Fannie Mae and Freddie Mac boils down to one question: What is the appropriate role for government in housing finance?
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 homes appreciation over time.
Brad Finkelstein | May 13
Reflecting on the industry forecast offered by Mortgage Bankers Association economists Jay Brinkmann and Michael Fratantoni, three different images are coming to mind.
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.
Patti Recser | May 10
A 100% free solution to a big lender-appraiser dilemma.
Ari Karen | May 10
It appears that one of the chief enforcement tools of the Consumer Financial Protection Bureau is the use of the horizontal audit.
Shari Olefson | May 10
If Washington does not continue to support tax policies that encourage housing, it could have disastrous consequences.
Herman Thordsen | May 09
Mary Armstrong pled guilty to all five counts of an indictment charging her with wire fraud, money laundering and conspiracy.
What We're Hearing
Garth Graham | May 08
We're hearing there is a discipline that is completely lacking in the mortgage industry.
Bliss Sawyer | May 08
With that in mind, here is a Realtor marketing plan that one of my coaching clients recently shared with me.
Steve Wiser | May 07
In the modern world, paper documents are an obstacle between servicers and their own potential competitiveness.
Brad Finkelstein | May 06
Compliance is one of the big topics of discussion at this years Mortgage Bankers Association National Secondary Market Conference in New York.
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.
Ari Karen | May 03
The rules provide guidance on how rental income and self-employed income can be considered.
Herman Thordsen | May 02
There are a series of 17 questions plus comments for the borrower to make.
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.
Randy Wussler | May 01
Especially markets hit hardest by the housing crisis are the most attractive options for REO-to-rental investors. But how can servicers and investors identify which markets will achieve the greatest ROI?
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.
Karen Deis | Apr 30
Its one of the most powerful words in the English language!
Joe Dombrowski | Apr 30
Old Data is dead, long live New Data.
Stephen Greenberg | Apr 29
First, does the individual or company have a plan to meet their goals?
What We're Hearing
Ted Cornwell | Apr 29
Were hearing signs of a housing recovery have been sighted along the road for quite a while now.
Brad Finkelstein | Apr 29
Some reflections and even some marketing lessons on the six-month anniversary of Hurricane Sandy affecting the south shore of Long Island.
What We're Hearing
Brian Collins and Mark Fogarty | Apr 26
FHA needs to fix Credit Watch so every lender isnt forced into the same narrow credit box.
Ari Karen | Apr 26
I received a call from the owner of a settlement services company seeking representation because a number of clients had stopped utilizing his services. Apparently this company had recently been targeted by a class action lawsuit alleging illegal kickbacks.
Although the case settled in its initial stages, the complaint filed in federal court was extremely detailed and there were means of verifying at least a portion of the claims.