Loan Think

Creating a partnership with referral sources by being dependable, honest and knowledgeable will turn a floundering business into a success.

Forcing lenders to fund upgrades for HUD through the proposed administrative fee would set a dangerous precedent, essentially taxing the very borrowers they are intending to serve.

There is plenty of information available on the Internet so that mortgage firms can stop using the same old school approach to customer acquisition.

Confusion about pre-approvals is rampant and has been the subject of vehement debate.

Many servicers are willing and able to modify mortgages to help borrowers save their homes. It’s just a matter of getting that message through.

If you and your staff are suffering from email overload, here is a list of handy shortcuts to use when corresponding to help get the message through.

In the wake of confusion about the status of pre-approvals, an expert on compliance seeks to clarify, but exhorts the CFPB to do so, officially, "prior to the effective date of the new rule."

A new loan program will allow borrowers to put down even less than the 3% down payment mortgage programs to be offered by Fannie Mae and Freddie Mac. This move and others like it, while laudable, will no doubt ensure increasing default rates.

The CFPB wants to expand banks' data reporting requirements under the Home Mortgage Disclosure Act. But this would impose even greater costs upon local financial institutions that are already overburdened by regulation.

Today's college students are the mortgage borrowers of the future. They'll expect mobile interactions with lenders, but engaging them with the technology can be trickier than building the perfect bracket.