Times they are a changing in the mortgage industry. At this year’s Conference of Regional MBAs held in Atlantic City, just about every session and speaker discussed the changes which have taken place, are taking place, and still to come in the mortgage industry. Bright and early on Wednesday, the residential segment of the conference began with Barry Habib, CEO…
We all sang and heard the childhood nursery rhyme. But, Mary really never reveals how she makes her garden grow. Maybe, it’s her secret to success. One she doesn’t want to share with her competition. Guess we’ll never know. At the MBA’s Independent Mortgage Bankers Conference in Florida, attendees heard from Todd Duncan, founder & CEO of High Trust of…
In case you didn’t attend the National MBA Conference in Denver, here are some snippets on what’s going on. Fannie Mae Fannie Mae made some new announcements about more D1C authorized vendors and on expanding pilots to test out the use of single vendors for all required validations. They also announced their new Application Interfaces providing lenders with everything needed…
I just returned from speaking at the ABA Real Estate Lending Conference in Orlando. It was a great conference and the Hyatt Regency was a great venue. I only regret I couldn’t spend more time in Orlando. The conference offered a myriad of information, products, and services covering just about all areas of commercial and residential mortgage lending. Topics discussed…
I’ve heard it said over and over that the mortgage banking business may be in jeopardy as the average age of a loan originator is somewhere north of 55. The industry just ain’t attracting any new talent these days. This was one of the main topics of discussion that I participated in at a recent town hall meeting at the…
Who isn’t? With the forecast for rising mortgage rates, limited home supply and fewer refinances, mortgage lenders and banks will be fighting to grab a bigger piece of a shrinking pie. Although 2017 is forecast to be a pretty good year for home purchase financing, with so many lenders vying for this business things may get tough. Especially for those…
