Loan Think

Legislative proposals to reform the housing finance system have failed to garner enough support, but a surprisingly simply reform idea is in plain sight: deeper private mortgage insurance coverage.

With the Consumer Financial Protection Bureau's disclosure rule potentially slowing down the loan process, institutions need to focus on communication strategies to keep young borrowers at the closing table.

Though regulation-mandated technology upgrades give vendors little time to rest, the growing acceptance of data standardization should appeal to both lenders and regulators.

A recent CFPB action against a payday lender demonstrates why lenders across industries must disclose both the best and worst case repayment scenarios to consumers.

The reform law's Qualified Mortgage and risk-retention rules have restricted access to credit, sowing demand for niche products offered by nonbank lenders.

Corporate culture can be a powerful tool for a good leader — and a poison pill for a bad one.

Fannie and Freddie are irredeemable failures, which must be abolished as the first step in any type of housing finance reform — if current and former officials of the U.S. Department of the Treasury are to be believed.

A key element to the final qualified mortgage rule is supposed to deliver QM protection to otherwise unqualified loans, opening up smaller lenders to make more loans. Here's why that's not going to work.

A proprietary loan origination system is the best way to stay ahead of compliance and organizational growth.

What's old is new again, but lenders should heed lessons from the past when re-entering the second-lien originations market.