
Ted Cornwell
CorrespondentTed Cornwell has been covering the mortgage business for the past 20 years in the areas of mortgage servicing and technology.

Ted Cornwell has been covering the mortgage business for the past 20 years in the areas of mortgage servicing and technology.
Will American oligarchs reap billions in stock profits by investing in non-governmental housing agencies?
Federal Reserve data show the rate of decline in mortgage debt outstanding has slowed in recent quarters, while housing market trends suggest it could start growing again in the near future.
Companies that allow employees to store work data and communication on their tablets, cell phones or personal laptops need to have a model for handling electronic discovery when litigation occurs.
First-generation Asian and Latino immigrant homeowners saw a lower decline in homeownership rates after the Great Recession than their U.S.-born neighbors.
Some policies only allow a one-year window to challenge claims decisions after an event has occurred.
Tighter underwriting standards, strong farm income and relatively low loan-to-value ratios should provide a cushion if a downturn occurs.
Next year the industry is going to be paying close attention to new rules because of the changing regulatory landscape.
We're hearing that the development of smart process applications may revolutionize the way lenders interact with their customers.
We're hearing the new urbanism may change the underwriting for home loans, especially if millennials maintain their preference for city living.
We're hearing that in a post-crisis world, mortgage companies are looking for some new traits in their c-level executive suite.
We're hearing with all the kerfuffle about Apples release of a new iPhone, the commercial unveiling of its new operating platform for mobile devices seemed like a quiet affair.
We're hearing that a rising tide of new construction doesnt have lenders worrying about a bubble in apartment building values...yet.
We're hearing if you think changes to the mortgage business in recent years have been jarring, you may want to fasten your seatbelt.
Fraudsters are looking for easy targets, because once a technology scam is detected the banking industry will quickly take action to thwart future instances by patching up network defenses.
We're hearing that the full-fledged recovery in the closely watched metropolitan Phoenix housing market shows no signs of abating.
We're hearing technology may be key to helping property inspection and maintenance professionals manage foreclosed homes while keeping up with changing regulations and investor requirements.
We're hearing that after some rough sledding the last few years, mortgage servicing is once again contributing to the profitability of the nations biggest lenders.
We're hearing that in the wake of the financial crisis traditional advertising and marketing messages from the banking industry may be falling on deaf ears.
We're hearing with all the buzz around social networking for business people, its no surprise that someone would create an online platform dedicated to real estate agents and brokers.
We're hearing at the height of the mortgage crisis Navy Federal Credit Union found the delinquency rate on one of its special mortgage products remained below the industrys overall delinquency rate on prime credit quality loans.