Welcome back to part two of our recap covering LoanLogics’ participation in the 2021 RMQA panel discussion*, “Approaches to Ensuring Loan Quality to Minimize Repurchase Risk”, the title of this post. When we left off in our last post, we discussed how defects and repurchases are on the rise, further snowballing from a shift to a purchase market, skills and…
Part 1: Approaches to Ensuring Loan Quality to Minimize Repurchase Risk
Last week the 2021 Risk Management and Quality Assurance (RMQA) Forum took place virtually, over the course of two content-packed days. LoanLogics Director of Transaction and Commerce Automation Solutions was one of the event’s speakers. He and a team of fellow industry colleagues* held a panel discussion on maintaining loan quality and how to avoid future repurchases amidst a pandemic…
MISMO NexGen Explained
I had the opportunity to speak on a “Coffee Talk” panel last week at the MISMO Fall Summit held in Crystal City, Virginia, which is just south of Washington, D.C. It was great to see old friends and new participants in this first face-to-face MISMO gathering in over 18 months! The topic of my session was entitled “MISMO NexGen,” which…
Check Baby, Check Baby (Your Audit Service Provider) It’s (Easy As) 1, 2, 3
In between the vendor due diligence support I manage for LoanLogics, I’m doing demos of our solutions to prospective clients on the regular. During those discussions, one of the features I’m always keen on pointing out, particularly to those looking for outsourced QC services, is the Audit the Auditor module in our loan quality management platform, LoanHD®. Audit the Auditor…
The Mortgage Industry’s Relationship Between Human and Machine
The working relationship between humans and technology has achieved great heights in so many aspects of our lives. Personally, professionally, economically, even environmentally, the fluid ways we tackle tasks with technology are endless. Just ask Jeff Bezos, Richard Branson and Elon Musk who have made “consumer” space travel a reality by engineering their own spacecraft to get them there. The…
Meet LoanLogics 2021 HousingWire Insider
Last week it was announced that LoanLogics’ director of digital document operations, Davida Stanley, was a recipient this year’s HousingWire Insiders Award. The award recognizes operational all-stars whose contributions have been critical to an organization’s success, yet their ‘insider’ role is often one of an unsung hero. As an “Insider,” Davida was recognized for her role in supporting LoanLogics…