There is, without a doubt, a need for regulatory innovation across the whole mortgage industry, but de-risking the mortgage servicing space is the most urgent. The industry is on the verge of another crisis with the potential to cause severe market misery due to [...]

It has been a year since the statement that Government Sponsored Enterprises (GSEs) will start accepting desktop appraisals for conventional loans. In light of this, Mark Walser, president of Incenter Appraisal Management, and Clayton Collins, CEO of Housing Wire Media, discussed remote desktop appraisals [...]

No matter how experienced or fresh you are as a private lender, compliance is essential to the long-term survival of your business. While it is true that many of the intricate and confusing arrays of consumer regulations and standards do not apply to private [...]

Have you stopped as a lender to think about whether your borrowers are creating their businesses precisely as required by law? If not, take advantage of the chance to do so, and you can ensure the borrower entity has the right people signing on [...]

Guild Mortgage has launched a new program that substitutes rental payment history and residual income history for credit scores to serve first-time homebuyers better. According to a statement from Guild Mortgage, borrowers may be eligible to receive a lower interest rate and lesser fees [...]

Midway through 2021, most mortgage companies experienced good origination activity and increased staffing. However, as we start the third quarter of 2022, the environment has significantly shifted, and the sector faces numerous difficulties. The 30-year fixed mortgage rate has risen to about 6 percent, [...]