Loan Think

As mortgage origination volume continues to slow down, the successful loan officers are the ones who make things happen.

The unintended consequences of these guidelines could force smaller title agencies to close their doors.

It has been nearly six years since the Seattle-based bank was seized and there is a deadline for the agency to sue anyone it believes owes the bank some money.

In our work, we've found that lenders who survey customers at the right time will see a significantly higher information return, which can then inform positive changes in the mortgage operation.

Over the long haul, ignoring online leads is going to make it difficult for retail lenders to survive, since recent studies clearly show more and more borrowers are finding their lenders online.

A simple follow up email can be a winning strategy in a highly competitive mortgage originations market.

The CFPB and other regulators are showing an increasing appetite for big data. The HMDA database may be the biggest in the mortgage business and a preview of the upcoming dataset may give lenders a chance to stay one step ahead of the feds.

The Consumer Financial Protection Bureau requests data that if used too zealously could cause a massive restriction in the market and a reduction in the type and amount of lenders.

New and experienced compliance experts have to learn the nuances of all the new regulations.

If you worked at a bank and you spent $250,000 on a new marketing campaign and got no results, would you keep spending?