Loan Think

Now that Wells Fargo has tossed its wholesale division into the deep dark sea, the question becomes: who’s next among the megabanks to leave?

The field service company’s contractors can make face-to-face contact with a borrower to help determine if he or she is actively serving in the military.

Special servicers work with information from multiple sources and they have to ensure quick and accurate dissemination of that data within its organization, which creates numerous data management challenges.

Why do we stop doing things we know we should be doing?

According to David Wessel, The Wall Street Journal global economics editor, the housing bust is over. It's in print, it's on YouTube, and people are blogging that now the bust is over. President Obama can keep his job.

By now you’ve read the stories on the National Mortgage News website about private equity sniffing around the mortgage industry the past two years – and the chatter about some firm with $1 billion to spend. We don’t yet know the name of that fund but it’s interesting gossip nonetheless.

Marketing campaign return on investment can be measured by tangibles or intangibles.

When it comes to automation technology, servicers are faced with a myriad of choices between traditional, in-house software versus vendor-hosted services, or software-as-a-service delivery options.

Much has been printed about how high the average FICO score is at Fannie Mae and Freddie Mac these days. (The weighted average FICO at Fannie, for instance, is north of 760.) But we’re told lower FICOs are out there.

Our National Mortgage News Twitter feed has passed 10,000 followers.