Loan Think

Regulators are increasingly examining institutions’ vendor risk management processes.

We're hearing that industry folks are hoping the Consumer Financial Protection Bureau will just use its regulatory authority to exclude loan originator compensation from the 3% points and fees cap.

A cap on points and fees in new qualified mortgage rules could put brokers and affiliate relationships in jeopardy.

Systems for new Consumer Financial Protection Bureau rules must be in a production-ready state several months before their “go-live” date early next year.

The explosion in the number of REOs became a great way for investors and consumers to purchase properties for a steal.

It would appear that a real estate salesperson selling a home to a buyer that refers the buyer to a particular loan originator or creditor (lender) or a loan originator that works for the lender and expects compensation becomes a loan originator.

We’re hearing that sometimes one hand at a lender does know what the other hand is doing.

We're hearing a personal sigh of relief that I survived unharmed at the MBA servicing show last week despite my personal attack in this paper on the hometown Dallas Cowboys.

It is becoming increasingly evident that mortgage servicing organizations—from servicers to default servicing law firms and their vendors—will not be viable if they don't evolve.

Like bartenders and psychologists, distressed debt servicers spend the day listening to people’s problems.