Grow Your Business But Don’t Step Over a Dollar to Save a Dime >
Residential lenders, whether they be depository banks, credit unions, independent mortgage banks, or brokers, are often concerned with the time when refinances dry up. Danger:...
M & A Snapshot >
A merger with another lender or vendor, or an acquisition, is newsworthy. For some owners, being acquired has been a goal since opening their doors....
Ignorance of the Law is No Excuse >
On July 9, President Biden issued a broad Executive Order (E.O.) that includes provisions related to the financial services industry. The E.O. encourages the CFPB...
A Primer on What Originators Should Know About the Fed >
A popular topic among investors, economists, and analysts is the Federal Reserve’s nearly daily purchases of assets, either through buying securities backed by U.S. Treasuries...
The Secondary Market’s Presence in the Primary Markets >
Every originator should know that the demand by investors, whether they are portfolio lenders or owner of securities backed by mortgages, is the primary driver...
Summer Concerns >
Last year is in the rearview mirror for lenders, and vigilant owners and senior management teams have their collective eye on the summer. Yet the...
Hiring: New Tactics for a New Day >
Everyone is sick of the pandemic (pun intended). More specifically, everyone is sick of the adjustments they’ve had to make to their personal and professional...
Ops: Reducing Friction for the Borrower >
As we head toward the end of the first quarter of 2021, lenders are still grappling with full pipelines and longer-than-normal processing times. For a...
Servicing: A Valuable Asset >
For decades, servicing residential mortgages attracted little attention. Set up a department of detail-oriented personnel, open the mail from borrowers in your portfolio, record that...
Lenders and Vendors Going Public: Pros and Cons >
Of the roughly six thousand lenders (based on HMDA data), very few think about “going public.” That said, there several dozen companies involved in residential...
Work Longer and Harder or Work Smarter? >
Lenders everywhere are “straining in their harnesses” as refinance volumes and locked pipeline size continues to set records. Capacity is a problem in the primary...
Time to Call the Landlord? >
Since mid-March of 2020 residential lenders, vendors, title companies, and thousands of businesses around the United States, and the world, have worked from home. Up...