Loan Think

To be a successful mortgage loan originator, you have to be able to function in any kind of real estate market.

Optical character recognition replaces a manual, error-prone process, but requires regularly testing and monitoring to get the most out of the technology.

The government conservatorship of Fannie Mae and Freddie Mac was never meant to authorize lasting control over the housing sector, according to one of the people who advised Congress on the Housing and Economic Recovery Act.

Originators need to have quality and consistency in their marketing and public relations.

Consumers who supposedly can't be credit scored are being evaluated using antiquated methods, so they can't qualify for a mortgage loan.

In a speech last May, Edward DeMarco declared these truths to be self-evident: "Restoring Fannie Mae and Freddie Mac is not the solution. They failed and their business model failed. Going backwards to an obviously failed model cannot be dressed up with some promise of higher capital or explicit rather than implicit guarantees."

A recent decision by the National Labor Relations Board, drastically changes the rights of employees using company email and requires players to review and revise electronic communications policies.

The third and final part of this series tells how to establish a business model acceptable to the CFPB.

The past few weeks will likely go down in history as the tense time period when two famous people suffered health ailments that at first seemed very serious but later turned out to be false health alarms.

Here are three ideas that can be implemented between now and Jan. 2 to get your business in 2015 off to a flying start.