5 Tips for Effective Mortgage Loan Processing

5 Tips for Effective Mortgage Loan Processing

Mortgage origination has all along been a human-intensive and time-consuming process where it takes 35 to 40 days to close a loan. Despite a lot of ...
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Servicers Must Intensify Retention Efforts

Retention Blues: Servicers Must Intensify Retention Efforts

An old adage states that it is cheaper to retain an existing customer than to source a new one. For years, mortgage servicers have tried to ...
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Mortgage Loan Modification – We Can save You Time & Money

Mortgage Loan Modification – We Can Save You Time & Money

It’s clear that the servicing industry is continuing to place a laser-like focus on improving and controlling the borrower experience when servicing loans. The number of ...
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3 Ways for Servicers to Tackle the Default Servicing Challenges

eBook: 3 Ways for Servicers to Tackle Default Servicing Challenges

The coronavirus pandemic has put mortgage servicers to the test, with record-low rates, skyrocketing unemployment, and rising delinquencies creating a surge in forbearance requests. The pandemic ...
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Limiting Mortgage Default Servicing Hassles in Turbulent Times

Limiting Mortgage Default Servicing Hassles in Turbulent Times

As per WSJ  reports, "the current recession has made it particularly hard to determine who is creditworthy: Millions of Americans are behind on their debts and opting ...
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Tackling Challenges in Mortgage Loan Servicing – Ways to Do It

Mortgage loan servicing business is experiencing significant challenges due to the COVID-19 crisis. With a rise in defaults, driven by surging unemployment, servicers are having to ...
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Implementation of Adverse Market Refinance Fee Delayed – The Impact on the Refi Market

Implementation of Adverse Market Refinance Fee Delayed – The Impact on the Refi Market

Doug Duncan, the chief economist at Fannie Mae, says be ready to refinance because mortgage rates are going even lower. And top of that the implementation ...
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Streamlining Mortgage Default Servicing: Unavailable Staff & Right Tech

Streamlining Mortgage Default Servicing: Unavailable Staff & Right Tech

Mortgage delinquencies have surged more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the mortgage market and the economy as ...
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Mortgage Operations Post-Lockdown: Things to Prepare for

Mortgage Operations Post-Lockdown: Things to Prepare for

As many businesses begin the slow process of returning to work and bringing employees back from remote working, there are many areas to think about and ...
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How Servicers Can Improve Processes in Mortgage Default Processing

How Servicers Can Improve Processes in Mortgage Default Processing

With the rise in forbearance volumes servicers, must rethink their mortgage default servicing operations and technology. Improving the mortgage loan servicing process will help servicers limit ...
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Partnering Servicers to Support Their Loss Mitigation Efforts

Partnering Servicers to Support Their Loss Mitigation Efforts

With the COVID-19 pandemic severely hurting the economy and unemployment levels skyrocketing, many homeowners are struggling to keep up with their mortgage payments. To help alleviate ...
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Update for Lenders Looking to Close Mortgage Loans Electronically

Ginnie Mae announced a major step in modernizing its platform, allowing so-called “digital collateral” or electronic promissory notes and other loan files as collateral in its ...
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What Lenders Can Do to Clear Conditions Faster

What Lenders Can Do to Clear Conditions Faster

The housing market is currently witnessing a major surge, thanks to record-low mortgage rates. According to the Mortgage Bankers Association’s seasonally adjusted index, mortgage applications to ...
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Foreclosure Prevention Actions Helping Troubled Homeowners

Foreclosure Prevention Actions Helping Troubled Homeowners

I think the last 2-3 months has seen a big change in the mortgage industry with low-interest rates and the pandemic. Who would have imagined that ...
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Mailbox Can Streamline Default Operations for Servicers

Mailbox Can Streamline Default Operations for Servicers

The mortgage industry has been deeply impacted by the Covid-19 pandemic. Black Knight reported that nearly 4.1 million homeowners are in forbearance programs, representing 7.7% of ...
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Lending and Servicing in a New World: Navigating the Changing Landscape

Lending and Servicing in a New World – Navigating the Changing Landscape

Lenders and Servicers need to stay abreast of market changes, understand them well, and adapt their business practices to suit the new normal. While this has ...
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Mortgage Loans in Forbearance Rising Rapidly - What can Servicers do to Manage the Deluge?

Mortgage Loans in Forbearance Rising Rapidly – What Can Servicers Do to Manage the Deluge?

The Mortgage Bankers Association's (MBA) in a recent release revealed that the total number of loans now in forbearance increased to 7.91% of servicers' portfolio volume ...
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Appreciating our Covid-19 Hero - Viju Davis

Appreciating Our Covid-19 Hero – Viju Davis

Covid-19 has officially been designated a pandemic by the World Health Organization (WHO). Originating from Wuhan, the coronavirus has affected every person and place like a ...
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