Loan Think

Dealing with the unnecessary intrusions in your business that keep you from earning the most money.

There is likely to be a record number of consumers shopping online for their mortgage in 2014.

The best thing to happen to the business over the last three decades was the development of the secondary agencies' automated underwriting engines. The worst? There are several strong contenders….

Barry Habib sees a window for mortgage originators to capitalize on low (and possibly even lower) interest rates and a shortage of homes.

For lenders who use the administrative exemption or who have exempt branch managers, the new regulations will impact the base salary needed to maintain exempt status once regulations develop.

Giving the client an edge if there is a bidding war on a property.

Underwriting is back in style and underwriters are in high demand as the requirements of investors and regulatory considerations require more documentation and more scrutiny around whether a borrower can pay back the loan.

A cybersecurity firm claims many large and small mortgage lenders are being careless with customers’ personal and financial data.

Communities and governments would avoid having to deal with abandoned properties on a protracted basis, which pulls down local property values and creates an unnecessary backlog in the court system.

Originating loans secured by condominium apartments or multi-unit properties is similar to the process for single-family properties but their are some important distinctions.