Use Mortgage Technology to Face Today’s Challenges Head On
The mortgage industry is adjusting to drastic market changes. Volume declines, macro global trends (i.e. war, supply chain) and the economy (i.e. inflation, rising…
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January 22, 2020
Scenarios for Hybrid Loan Quality Control
Outsourcing quality control (QC) to a third-party audit service provider doesn’t have to be an all-or-nothing approach. Some third-party providers offer flexible outsourcing options…
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January 14, 2020
Questions to Ask Your Potential Loan Quality Control Partner
Picking the right loan quality control partner (QC partner) can feel a lot like dating. You read about them online, maybe you ask a…
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December 16, 2019
Why Some Lenders Choose to Outsource QC
For many small to mid-sized lenders the decision to insource vs outsource quality control (QC) tends to weigh heavily on resource capacity, skillset and…
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December 3, 2019
“It Takes Two” to Make an Audit Go Right
Remember the song, “It Takes Two” by Rob Base and DJ E-Z Rock? This late 1980’s classic carries the hook, “It takes two to…
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November 3, 2017
You Can’t Always Represent Yourself
They say that anyone who represents themselves in court has a fool for a client. I am not calling any lender a fool. But,…
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May 4, 2017
Vetting Your Vendors
As you may know, LoanLogics (the company I work for) is a vendor to the mortgage industry. We provide technology, technology platforms, and reporting,…
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April 3, 2017
The Game Has Changed. Are You Prepared to Play Different?
I just returned from speaking at the ABA Real Estate Lending Conference in Orlando. It was a great conference and the Hyatt Regency was…
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September 22, 2016
Some Lenders See Increased Profits in Their Future
According to Fannie Mae’s 3rd Quarter Mortgage Lender Sentiment Survey, some lenders are forecasting an increase in their profits over the next 3 months….
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September 7, 2016
Outsourcing Loan Originations: The Role of the Mortgage Broker
Mortgage Brokers rose to prominence in the era of subprime lending. Their flexibility to react to the opportunities presented by this market provided both…