Loan Think

Perhaps the very first opportunity a lender has to convert is by turning a website visitor into a loan applicant.

Here are 14 questions to ask yourself to develop your personal plan.

Centralized databases inside the loan origination system provide an efficient way to comply with the Qualified Mortgage requirements and more efficiently use loan information from origination to servicing and securitization.

These are the documents originators should be telling their customers to bring during the application process.

The court’s finding in one case is consistent with the provision in the mortgage that allows the lender to do whatever is necessary to protect the value of the property.

Now that many experts are heralding the end of the foreclosure crisis, we are seeing fewer headlines about the shadow inventory that servicers are holding in their portfolios.

This has cost real estate agents in Tuscaloosa, Ala. nearly $10 million in commissions, the author says.

The real estate industry should distance itself from presenting the purchase of a primary residence as “the biggest investment of one’s life.” Rather, homeownership provides an incentive to save.

Lenders should consider carefully the potential for originators to steer borrowers from closed-end products into open-ended loans.

The success of your mortgage origination business may very well depend on making changes to certain components of your operation.