March 25, 2019
Is it possible to have compensation plans that drive sales and boost your bottom line? Yes, says MBA Insights 2019 Tech All Star Lori Brewer, founder and CEO of LBA Ware, Macon, Ga.
Laurie Pyle, Chief Operating Officer with blockchain as-a-service company Factom, Austin, Texas, knows firsthand how to use technology to solve real-world problems.
For CMG Financial, Chief Marketing Officer Paul Akinmade is a large part of why the company now places a high value on tech-savvy employees. He joined CMG in 2016 with the desire to "create the best marketing department in the industry," said CMG President, CEO and Founder Chris George.
In the past, lenders claiming an "all-digital" process had just some of the pieces: online applications, eSign-ready documents, automated verification of income and assets and/or electronic delivery of closing packages. What they didn't have was a fully digital closing process and eNote execution. Enter Kara Lamphere.
At this year's MBA Commercial/Multifamily Real Estate Finance (CREF) Convention & Expo in San Diego, more than 3,000 commercial and multifamily real estate finance professionals came together for the industry's largest gathering of the year to hear from expert speakers, network with peers and gauge the state of the CREF industry.
The Mortgage Bankers Association's latest Washington Update features Dan Grattan, MBA Associate Vice President for Legislative Affairs, who discusses an MBA letter to the Federal Housing Finance Agency on validating and approving credit score models used by Fannie Mae and Freddie Mac; MBA President and CEO Bob Broeksmit's testimony before the Senate Banking Committee on Mar. 27; and the upcoming MBA National Advocacy Conference in Washington Apr. 2-3.
Freddie Mac, McLean, Va., announced Donald H. Layton will retire as CEO and appointed David M. Brickman to succeed him effective July 1. Brickman will become a member of the Freddie Mac Board of Directors.
In this MBANow video, Kevin Wall, President of First American Mortgage Solutions, talks with MBA's Adam DeSanctis about how technology is changing the mortgage industry.
ARMCO, Pompano Beach, Fla., said the leading critical defect categories in the third quarter included loan package documentation and credit.
Mortgage Bankers Association Associate Vice President of Economic & Industry Forecasting Joel Kan breaks down the MBA Weekly Applications Survey for the week ending Mar. 15.
In this MBANow video, MBA Vice President of Industry Technology Rick Hill talks with MBA's Adam DeSanctis about the upcoming MBA Technology Solutions Conference & Expo, taking place Mar. 25-28 in Dallas.
As the technology wave continues to wash over the mortgage industry, lenders are aiming to further optimize the mortgage process with a more digitally focused borrower experience, while also streamlining their own internal processes to reduce risk, enhance loan quality and drive down costs. But how? In order to make these goals a reality, lenders must first invest in the right tools to not only make each transaction as digital as possible, but also move that much closer to a fully digital mortgage experience. In other words, it's time to get serious about eClose.
It's no secret that the housing industry is cyclical. While there are unique forces at work in the current downswing, there is still much that can be learned from previous cycles. By considering where the industry has been--in both good times and in bad--lenders can glean invaluable lessons on how best to approach the current market, especially when it comes to investments in technology.
Our top five takeaways from the Mortgage Bankers Assoiation's CREF/Multifamily Housing Convention and Expo 2019.
Timely, compliant loan closings are the hallmark of a well-run mortgage lender. So, what's the biggest bottleneck in the loan closing process? The appraisal.