It’s official (as if we didn’t know), according to the 2016 HMDA data, non-bank lenders made more mortgage loans than their bank counterparts. For…
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September 29, 2017
Risk of Fraud Increased Before Equifax Hack
Fraud risk increased in the second quarter of 2017; before the reports of the Equifax PII security breach. The national fraud risk index came…
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September 22, 2017
It Takes Training, Preparation, and Commitment
To run a business right and be successful, as in anything we do, it takes training, preparation, and commitment. A commitment to doing things…
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August 15, 2017
Might We Say ‘Goodbye’ to the Mortgage Interest Deduction?
Up until now, the elimination of the mortgage interest deduction has been considered off limits when discussing tax reforms. The third rail, don’t touch…
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August 9, 2017
What’s So Different About Correspondent Lending?
Retail mortgage lenders are constantly looking for technology to find better ways to streamline their methods to take loan applications, gather loan information, approve…
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August 3, 2017
Ken Markison to Retire…Again!
MBA recently announced two promotions in their regulatory arena. Justin Wiseman is being promoted to Associate Vice President & Marketing Regulatory Counsel, and Sara…
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July 18, 2017
In Search of What Consumers Search For
Here’s more information from a slightly different report on mortgages and housing. This report was done by search engine giant, Google, in connection with…
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July 13, 2017
Today’s PPE, More Than Just an Electronic Rate Sheet
The Product and Pricing Engines (PPE) of yesteryear were an efficient substitute for the good old rate sheets. These have evolved into necessary selling…
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July 12, 2017
Not All Fireworks Were on the 4th of July
Just prior to July 4th, the Department of Justice announced that it hit another lender with a False Claims Act violation and fine. The…
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May 26, 2017
Never Forget
Memorial Day is observed on the last Monday of May. It was formerly known as Decoration Day and commemorates all men and women who…
