Innovation is the new buzz word in mortgage lending. The talk at this year’s MBA conference in Boston was all about technology and what can be done to streamline operations, reduce costs and improve loan quality. What a difference a year makes. Last year at this time we were just entering into the new TRID era. All eyes and ears…
All the big hitters from the mortgage community gathered this week in Boston to discuss and learn about what’s happening in mortgage lending and where do we go from here. In the opening session, the theme was set. The economy is improving (or so they say) and the outlook for housing and mortgage lending is strong. In fact, in the…
I recently attended the Northeast Conference of Mortgage Brokers and Professionals at Harrah’s Resort and Casino in Atlantic City. I sat in on a presentation where the general gist of the conversion was that we have seen rates go about a low as they’re going to go for a while. After the election, they said, we should see a Fed…
HUD/FHA recently announced that they will be conducting an all-day, instructor-led training seminar for lenders with the primary focus on the Single Family Housing Policy Handbook (4000.1) and recent updates. This is an ideal time for Direct Endorsement underwriters, loan processors and loan originators to obtain training on the 4000.1 Handbook as there still remains some confusion over the revised…
The other day, I wrote about the TRID panel I moderated at our recent inaugural LoanLogics’ User’s Conference at the Sawgrass Marriott in Florida. During that presentation, Noerena Limon, Quality Analyst with the CFPB, mentioned, on more than one occasion, the importance of consumer education and what CFPB expects from a lender and is doing to help. I mentioned that…
I’m attending the inaugural LoanLogics User Conference, Vantage Point 2016, at the Sawgrass Marriott, in Ponte Vedra, Florida, home of THE PLAYERS Championship (TPC). The venue is great; the content informative, the attendees are learning and having fun and the food is spectacular; like the golf course. Unfortunately, we could not gain access to the golf course as everything is…
