Like most of the mortgage industry these days, LoanLogics is hiring! Collectively, we are coming out of a year filled with record volume….and success…stepping towards a new year that looks very similar to the last. With that brings open roles to support demand and help execute on a forward-looking vision. When it comes to managing volume, our overall advice to…
The Results Are In and They’re Ugly
Happy New Year! We hope you are as optimistic as LoanLogics is about the year to come and all the potential mortgage quality automation can bring for a prosperous new year! To celebrate the holiday season as 2020 came to a close, we posted our list of resolutions for mortgage lenders, servicers and investors to ensure 2021 is met with…
2021 Mortgage Industry Resolutions
We’re about to leave 2020 behind for the promise of a better 2021. New Year, new me, right!?!? As such, it’s time to dust off those annual resolutions and plan to get ourselves healthier, happier and a lot less stressed. Like individuals, mortgage businesses need to do the same. This year was certainly prosperous for our industry but looking back…
Happy Holidays from LoanLogics
This time of year, not only fills our homes with all the trimmings, trappings, sights and sounds of the holiday season (eggnog on ice, glowing candle sticks, beautifully wrapped gifts, nuts to crack, glistening sugar cookies, potato pancakes and shrimp cocktail at the parties), but normally includes gathering with friends, family and our co-workers for holiday celebrations. This year, with…
With Non-QM Back, Loan Quality is Front and Center
After a few months of a pandemic-driven hiatus, the excitement for non-QM loans is brewing again among originators and investors alike. This of course is also good news for the many borrowers that don’t fit into a traditional credit box but would like to take advantage of historically low interest rates. Among this happy crowd are self-employed borrowers, who represent…
Hey Boomer, Dial Up My Defects
I’ve enjoyed writing the “Hey Boomer” blog series on b-Logics this year, which looked back at the way loan quality control (QC) was once managed in the mortgage industry and how its evolved. For my last post of the series, this will be the fifth and final, I’m diving back into defects. Recent industry volume got me thinking about…