Loan Think

Recent Consumer Financial Protection Bureau enforcement actions against lead generation companies emphasize the breadth of lenders' responsibility for the third parties they expose borrower clients to.

Increased enthusiasm for automated valuations presents an opportunity for the appraisal industry to develop tools that combine high-efficiency, low-cost processes with the accuracy of human expertise.

Tech-enabled shortcuts that borrowers might assume are harmless — or what loan officers, real estate agents and borrowers consider good customer service — may in fact lead to very risky, or even illegal, habits.

What mortgage companies pay LOs, and how compensation plans are determined and structured, can give regulatory agencies more information about a company's priorities than lenders might think.

While marketing services agreements dominated the conversation around compliance in the latter half of 2015, loan officer compensation will be under more scrutiny during 2016.

The answer to lower costs, higher efficiency, and better record keeping for compliance lies in eSignature, e-documents, and e-mortgages, the foundation for which has legally been in place for 15 years now.

A customer's social media presence provides a window to the soul, which a more traditional credit history cannot touch.

There has been a sharp decrease in the number of incoming appraisers, largely due to outdated and untenable certification requirements. Here's how to fix the situation.

Legislative proposals to reform the housing finance system have failed to garner enough support, but a surprisingly simply reform idea is in plain sight: deeper private mortgage insurance coverage.

With the Consumer Financial Protection Bureau's disclosure rule potentially slowing down the loan process, institutions need to focus on communication strategies to keep young borrowers at the closing table.