Terry Moore

Satisfying the nine pillars of servicing standards which took effect earlier this year has increased complexity—forcing banks to reassess systems, processes and policies.

New Year's resolutions are beginning to fade and the reality of the shrinking origination market has settled in for most residential mortgage lenders.

When addressing the QM rule, lenders face a key strategic consideration—whether to only make loans that meet the definition of a qualified mortgage or to also make loans falling outside the rule.