Correspondent Lending – CLASS OF 2007!
Ruth Lee I never fail to marvel at the sheer survivability of the entrepreneurs in the mortgage industry. For those that are sounding the death knell of the small mortgage entrepreneur, I wouldn’t...
View ArticleVolume over Quality and the Demise of Countrywide
Ruth Lee Over the last few months, it is hard not to notice all of the gleeful hand-rubbing and “I-told-you-so-ing,” as disgruntled ex-employees, ex-insiders and ex-originators Monday morning...
View ArticleCLOSING: A Key to Profitability?
Mary Kladde One of the biggest objections I find to using fulfillment services such as those offered by Titan’s is control over document production. At Titan, we require control over the document...
View ArticleCustomer Service in the New Lending Climate
Ruth Lee Customer service means many things to many people. However, in the mortgage industry, the definition of customer service is changing. For several years now, customer service has only been...
View ArticleSeries: Comparing HR 3915 and S.2452 and their effects on the mortage industry
Ruth Lee I spend a lot of time attempting to maintain a solid, working knowledge of the events, milestones and issues facing the mortgage world. However, yesterday, I was humbled when a client asked...
View ArticleBeing a Future Mortgage Leader
Ruth Lee The Future Mortgage Leaders Program of the MBA: “is dedicated to identifying and cultivating the next generation of industry leaders by delivering a comprehensive leadership training...
View ArticleAmerican Banker: Lenders Call Fannie’s Push on Loan Quality Redundant
It still amazes me the number of lenders trying to skirt quality control requirements considering the debacle of the last 3 years. FNMA is absolutely doing the right thing and I would argue should...
View ArticleProgress in Lending Column: Why Mortgage Lenders Hate the Details
by Mary Kladde Whoever said “the devil is in the details” was probably a mortgage banker business owner or executive. I think this for two reasons. One is that the mortgage lending transaction has...
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