Loan Think

Because IT requires a truly specialization of skills and experience, lenders and servicers should partner with experienced vendors.

Does the constant grind of impressing Wall Street investors hurt the ability of publicly traded companies like Ellie Mae to provide mortgage lenders with the best technology and customer service? According to Mortgage Cadence Chairman and CEO Michael Detwiler, it doesn’t help.

To correspondent mortgage sellers and loan brokers, the ‘coincidental’ move by certain megabanks to only refinance FHA Streamlines that they are already servicing is a way to lock them out of the business.

Remember Jimmy McMillan, the New York gubernatorial candidate for the “Rent is Too Damn High Party”?

When I suggested yesterday that mortgage lenders might contemplate an origination ‘strike’ as a bargaining tool to kill overly zealous regulations the idea was to have banks and nonbanks alike participate in such an action of civil disobedience.

Both bills validate the work field services companies do to maintain properties on behalf of their clients to maintain properties in their portfolios and reduce blight in communities across the country.

Traditionally, underwriting focused on applying a static set of guidelines to determine an approve/reject decision.

Mortgage bankers and brokers (banks and nonbanks alike) could call a national strike on making any new loans for, say, 60 days and see what type of damage that does to the U.S. economy.

It’s somewhat arrogant for a writer to state a numerical list is all that is required to accomplish whatever. If selling is not exhaustively mentioned I would suggest you discount the information because of its lack of thoroughness.

If you haven’t made a conscious effort to grow your email list every day, here are some strategies you can use to build your email database into an asset.