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Loan Modification Process Outsourcing Saves Servicers Time and Money

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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Womens-Day-2021

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

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

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

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

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-you-Mortgage-Support-Partner

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

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-Fannie-Maes-and-Freddie-Macs-Duty-to-Serve-Underserved-Markets-Plans-for-2021

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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How-Mortgage-Servicers-Can-Handle-Rise-in-Volumes-Amidst-a-Projected-Foreclosure-Wave-in-2021

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

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 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

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

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

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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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 ...
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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 ...
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