Loan Think

Sales people need to get over the fear of a negative reaction to their sales pitch by the recipient.

While we've made great strides towards recovery, the new year will not come without its own set of challenges, particularly fueled by increased regulation.

When a consumer enters into a short sale it goes down on their credit report as a default, unless someone pulls a string.

Anywhere in the world, if you had $55 billion in capital, and then lost $55 billion, your capital would be zero. But under the Fed’s own special accounting rule, if it lost $55 billion, its capital would still be $55 billion.

As we approach the holidays and into the New Year, the actions by the CFPB and FTC should be another wake-up call regarding mortgage compliance.

Chicago is the first city in the country to agree to share information directly with the Consumer Financial Protection Bureau.

It appears the wholesale channel has stabilized, which is good news for mortgage brokers.

In a time where integrity of data is more important than ever, mobile technology allows for greater control and monitoring to ensure that time value is increased and costs decreased.

HUD will interview current employees, ex-employees and borrowers to validate data or its findings.

The ghost of Angelo Mozilo (who is still alive) continues to hang over mortgage banking.