According to one all-in Non-QM lender, the sector is expected to see a leap into near double digits in 2022, growing from 5% to 10%. This is already on top of the staggering figure of $18.9 billion that this segment pulled in during 2020. When you survey the landscape it’s easy to see why opportunity is ripe. Generally speaking, we…
Author: Rick Hall
When Mortgage Production Peaks, Compliance Sneaks
Business is still booming. The June 18th MBA Mortgage Finance Forecast reported in Q1 2021 refinance and purchase volumes outpaced 2020 and Q2 would see similar upticks, with purchase activity holding strong through years end. All good stuff, particularly for an industry that already experienced such unexpected good fortune in the midst of a global pandemic. With all this focus…
Small is the New Big with LoanLogics® Service Delivery
When LoanLogics signs a new client, both for outsourced quality control and those using our LoanHD® audit platform, it’s common place for an account manager to check in to see if we are delivering as promised. We work with clients to assess the value of our technology, timeliness of our services and responsiveness of our support. This touch base also…
The Importance of Post Close QC Reverifications, Now More Than Ever
We are now in unprecedented times, and the importance of verifications and reverifications are even more heightened as the industry deals with the current health crisis triggering a tsunami of unemployment and economic strain. Advancements have been made in the industry to streamline the verification process, certainly helpful in a time like today, which ends up having a downstream…