Blog
Loan Modification Process Outsourcing Saves Servicers Time and Money
Given the economic impact of the pandemic, mortgage defaults have been a stark reality. In this situation, loan modification is one option that can ...
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Some of the Top Women, We are Influenced By (In Mortgage and Allied Industries)
On this international women’s day, we wanted to talk about some of the powerful and highly influential women in the mortgage and allied industries ...
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The Role of Fetching Borrower Docs in Improving Closing Ratios
Closing ratios are important for mortgage lenders and we previously touched base on it through the post, In a nutshell, closing ratios are the indicators ...
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The Need for Mortgage Loan Modification
Even as vaccines have offered some hope that the economy could be back up on its feet in the second half of the year, ...
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Boost Closing Ratio and Improve Profitability
The Mortgage Industry is extremely competitive. With escalating customer demands, digitization is the key to ensure fast and accurate processing. With the current low-interest ...
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Improving Accuracy in Loan Boarding and Set Up
The Federal Reserve has been on a buying spree, and now owns nearly a third of bonds backed by home loans in the U.S ...
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6 Things To Check Before You Select Your Mortgage Support Partner
The mortgage industry is a volatile and evolving industry. To adapt and respond proactively, it’s good for lenders to explore mortgage process outsourcing options ...
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Upgrade Mortgage Ops for a Better Performance in 2021
The mortgage loan origination process is human-intensive and time-consuming. At a time when there is so much uncertainty around, there are several challenges the ...
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FHFA Announces “Duty to Serve” Enterprise Plans
The Federal Housing Finance Agency earlier last week announced the latest versions of the government-sponsored enterprises’ underserved markets plans for 2021, which include opportunities ...
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Dealing With Rising Foreclosure Volumes After CARES Act
Even though the housing market was booming in 2020, high unemployment has meant millions of Americans are struggling to make mortgage payments. The CARES ...
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Three Themes for 2021 – Mortgage Operations
2020 has been an amazing year for the mortgage industry, with rates hitting record lows. 2021 too is likely to see low rates with ...
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Lenders Should Know – Amendments to the Qualified Mortgage Rule
CFPB recently released rules that revamp and expand its standards for what counts as a Qualified Mortgage, swapping out an old debt-to-income limit and ...
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The Secrets of Mortgage Originators Who Flourished During the Pandemic
The Covid-19 pandemic forced most industries to innovate and find new ways to ensure business continuity. In response to social distancing measures and recommendations ...
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Optimizing Mortgage Processing Amid Pandemic
Mortgage processing is considered one of the most complex financial processes undertaken by banks and financial organizations. Several key challenges arise in such a ...
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Delinquencies Could Stay at Current Levels Until March 2022
According to Black Knight’s Mortgage Monitor report, 2.4 million out of 6.1 million homeowners who have been in COVID-19 related forbearance plans have exited. And ...
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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 ...
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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 ...
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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 ...
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