Loan Think

Key components of a quality assurance program include reviews of the work contractors complete, collecting outside data, analyzing results, and adjusting practices on those results.

The CFPB is working on a real estate issue that gets to the core of its purpose: transparency and better disclosures of costly loan process fees.

It is widely recognized throughout the industry that short sale completions are increasing.

We heard a rumor (unsubstantiated) a few weeks back that Fannie Mae, Freddie Mac and FHA are contemplating hiking their minimum net worth requirements to $3.5 million from the current $2.5 million.

A trio of sales trainers speaking at the California Association of Mortgage Professionals conference provided useful hints for mortgage originators to adopt.

Lenders of all sizes are looking into becoming servicers, bringing us full circle back to the days when virtually every lender serviced their own loans.

It’s (almost) late summer and what better time to throw out a ‘loose ends’ blog on several story leads, ideas, and thoughts that have been knocking around my head (and inbox) of late.

Fannie Mae and Freddie Mac might be able to repay taxpayers in less than five years.

The California Association of Mortgage Professionals annual convention is a gathering of survivors, and the message at the opening session was that there are more cuts ahead.

In making lenders responsible for servicers’ compliance controls, the Consumer Financial Protection Bureau further expands lenders' responsibility for borrowers.