Mortgage Loan Acquisition, Mortgage Loan Quality

5 Best Practices for Embracing Technology

The industry is a buzz with the how artificial intelligence (AI) and machine learning will change the way we work and the benefits it will create for labor intensive processes.  LoanLogics has certainly been at the forefront of that transformative conversation in a number of recent industry articles and webinar on the topic  What has been talked about less though is how organizational…

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Millennials Mortgage Process 1
Mortgage Industry Trends

Millennials Mortgage Process | Part 1: The Mythical Millennial

Millennials and Mortgages- the two words that seem to be on everyone’s mind recently. As a professional Millennial working in the mortgage industry, I’d like to offer a first-hand account of what we see and encounter in the Mortgage and home buying process. I’ll share my perspective of my own home buying experience throughout several posts this year, and hopefully…

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Mortgage Loan Acquisition

Quality Feedback Strengthens Seller Relationships

In a prior post, we discussed how a frictionless transaction experience increases the likelihood a seller will return to do business with an investor.   Now, we turn our focus to the role investors can have helping sellers improve the quality of their loans, which will further strengthen the relationship and foster repeat business between the two parties. Most professionals welcome…

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Mortgage Loan Quality

Tackling TRID Tolerance Violations and Investor HMDA Data Scrutiny

As I work with lenders to solve for the alphabet soup of compliance, TRID and HMDA specifically, I consistently receive questions around the latest rumblings popping up in the news. Recently I’ve been asked about tolerance violations related to the loan estimate (LE) and closing disclosure, as well as increased investor scrutiny on seller HMDA data.  I addressed those questions…

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