Mortgage Servicing Rights

New Automated, Standardized Doc Processing Streamlines MSR Transfer

Late last fall, in a National Mortgage News webinar, and earlier this year in a LoanLogics podcast series, we began loudly voicing the need to remove the friction present in the transfer of mortgage servicing rights between buyer and seller counterparties (as well as in the wholesale and correspondent channels). Buyer pain points in this acquisition space can be summarized…

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Mortgage Compliance, Mortgage Loan Quality

Free Trial Offer Helps with Efficient 2021 Quarterly HMDA Reporting

It’s likely you have heard by now, that the CFPB has finally reversed its 2020 decision to temporarily allow certain lenders to forgo quarterly reporting for HMDA.  This announcement comes one year after the CFPB initially offered the flexibility in response to the burgeoning concerns and unknowns at the onset of the pandemic.  All reporting financial institutions (FIs) will be…

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Mortgage Data and Doc Processing

The IDEA Behind the Numbers

Like most of the mortgage industry last year, LoanLogics was a flutter in activity helping lenders manage the tremendous tidal wave of doc processing that rushed in. This volume spilled into every facet of the loan life cycle from loan production through sale in the secondary market. LoanLogics’ ability to keep pace during times like these is due largely to…

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