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So far Note Servicing Center has created 226 blog entries.

Why Now is the Time for Lenders to Retool their IT Environment

2022-06-02T07:53:09-07:00Private Money Lending|

Lenders are again feeling the pinch after record-breaking volumes in 2020 and 2021. As profit margins narrow, lending experts are looking for ways to boost efficiency. In an interview with the executive of underwriting solutions for CoreLogic, Bob Jennings discussed what lenders should set [...]

Prioritizing Home Equity Solutions in a Rising Rate Environment

2022-05-31T06:04:39-07:00Private Money Lending|

Interest rate hikes and refinancing declines have highlighted the 2022 housing market, and lenders are working hard to respond to new borrower behaviors. In an interview with Barry Coffin, managing director of ServiceLink's home equity title/close, on how lenders can take advantage of these [...]

CFPB Report Highlights Outliers in the Industry Doing a Poor Job of Servicing

2022-05-31T04:54:00-07:00Timely|

This week, the Consumer Financial Protection Bureau (CFPB) released a report on servicers' performance in the second half of 2021. According to the research, services improved their call metrics on average, although some continue to fall behind in aiding borrowers. For example, from May [...]

Title Insurance Industry Premiums Spike $7B Year Over Year

2022-05-19T09:12:09-07:00Private Money Lending|

According to the American Land Title Association's Market Share Analysis, published on Friday, 6th of May, title insurance premium volume increased about 36% year over year in 2021, amounting to an astounding $7 billion rise.  According to ALTA, the title insurance market collected $26.2 [...]

Five (5) Predictions for Lenders for the Second Half of 2022

2022-05-19T09:09:15-07:00Private Money Lending|

Several trends in the first quarter of 2022 have significantly impacted lenders and their businesses, ranging from housing market trends to mortgage rate trends. Quite a lot has changed in the spring, which will affect some of the previously forecasted scenarios for the industry. [...]

Appraisal Technology: A Requirement, Not a Benefit

2022-05-08T06:48:52-07:00Private Money Lending|

The appraisal industry has seen numerous difficulties and developments in the last two years. As a result, many mortgage and appraisal professionals have turned to appraisal technology solutions to deal with the tough mix of record-breaking volume and a scarcity of appraisers. In an [...]

FHFA Language Disclosure Rule Stokes Fears of Legal Blowback

2022-05-08T06:48:53-07:00Private Money Lending|

To sell loans to Fannie Mae and Freddie Mac, the Federal Housing Finance Agency will now compel lenders to give data on customers' language preferences, resulting in fair lending litigation. According to the regulator, lenders for traditional mortgages will be expected to provide information [...]

How one eClose Solution can Help Lenders Save up to 70 Minutes Per Loan

2022-05-08T06:48:53-07:00Private Money Lending|

Building a successful eClose strategy can put you as a lender on the path to gaining more operational effectiveness and efficiencies. Ensure a better borrower experience and stay ahead of your competitors in the lending space. Hybrid eClose mortgages help lenders improve their customers' [...]

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