Welcome back to the series Cloud Coverage. Even now, after years of success, cloud computing is awash in misconceptions and erroneous assumptions about its impact on businesses, software development and software management. This blog entry and one next week will discuss some of the most common cloud misconceptions. There is a lot to share so I am breaking the content…
For many, summer means enjoying some riveting content lounging by the resort pool, on the beach or in 2020’s case, dipping your toes into your toddler’s blow up pool in the backyard. Wherever you are this summer, if you’re looking for some good relevant reads, we’ve got our “Best Of” to share with you. It’s been six months since we…
With much of the mortgage industry still grounded, I’ve been reflecting on how much things have changed since the ‘good old days.” Not only the “good old days” pre-pandemic when we could freely meet and greet one another but also long before we had so many tools to use to connect us when we are not together face-to-face. Tools in…
The mortgage industry has been fortunate in that we have not experienced the intense layoffs occurring in so many other industries. However, even with a healthy staff, the volume that we are seeing right now, coupled with the work from home distractions, lenders are having challenges scaling and meeting borrower needs in a timely manner. Lender mortgage pipelines are…
Mortgage servicers and subservicers are responsible for processing servicing transactions for thousands, if not millions, of loans daily. As LoanLogics VP of Loan Servicing Consulting, helping lenders navigate MERS compliance, I am already starting to see and hear firsthand how the pandemic is impacting this segment of the industry. Business continuity, portfolio management and borrower stability are at the forefront…
Welcome to part two of a discussion on how the pandemic has amplified the need for technology adoption in mortgage. In last week’s blog post, part one, we discussed how many lenders were left exposed in the pandemic unequipped with automated tools to facilitate access, accuracy, and productivity remotely. Thankfully though, there’s still an opportunity to adopt and train staff…
