The Importance of Post Close QC Reverifications, Now More Than Ever
We are now in unprecedented times, and the importance of verifications and reverifications are even more heightened as the industry deals with the current…
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April 30, 2020
Mortgage Loan Quality Benchmarks for Your Team
The most effective loan quality technology should create transparency and consistently track quality metrics across the team and the business. Automation plays a critical…
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April 16, 2020
Hey Boomer, How Did You Communicate and Correct Defects for Post Close Reviews?
Laughing, we didn’t! Just kidding but not really! Communicating post close defects upon discovery was certainly not on anyone’s service level agreement back in…
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March 12, 2020
Purified Data, It All Comes Out in the Wash
The idiom, “it all comes out in the wash”, according to one of two Merriam Webster definitions, is used to say that the truth…
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January 28, 2020
Hey, Boomer. Tell Us How Mortgage Reverifications Were Done
Following the great interest we had in our 2019 six-part blog series, “Millennials Mortgage Process,” which followed one of our colleagues on her home…
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January 4, 2018
2018 | The Year of Technology
With the mortgage business projected to be a little tougher in 2018, the industry needs to find ways to produce and close loans more…
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June 17, 2016
The Technology Investment Dilemma
Lenders continue to look for ways to stem the rising costs of producing a mortgage. One of the main factors contributing to these rising…
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May 20, 2016
Do You Have a Compliant QC Plan?
With all the talk recently about quality and compliance, we need talk about if a lender has an adequate written Quality Control Policy. Do…
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May 12, 2016
Don’t Overlook the Obvious
For years, lenders were required to perform a quality control review of the loans they closed. Today, lenders need to perform both the post-closing…
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May 3, 2016
Don’t Originate Your Company Out of Business
Lenders are constantly looking for ways to increase business and bring in more loans. The intent is to increase income and profitability. Unfortunately, many…