Kelly White is the vice president of strategic growth at Sente Mortgage. White is a certified business professional and has built a national identity as an entrepreneur, master trainer, business coach, mentor, advisor, role model and leader. She has more than 20 years of executive level experience and accomplishments in the real estate and mortgage industries. She is known by others as a transformational leader who strives to help organizations change and innovate while helping individuals transform through their own personal development.
Every generation faces defining economic events that alter their collective perspective. For Millennials, their coming of age moment occurred during the largest housing market downturn in American history. The housing market coupled with the ubiquitous availability of real estate and market information online has created a new era of homebuyers in Millennials. These tips will help you navigate how to help them as a lender.
While other state and federal regulatory bodies overlap in their regulation of the mortgage industry, the very particular consumer focus of the CFPB is not duplicated by any other body. Will deregulation mean a return to the Wild West lending atmosphere that led to the financial crisis? What happens next? We asked John Socknat, partner at Ballard Spahr, to weigh in on what mortgage lenders and servicers can expect from a Trump administration.
Amid the potential new direction from the White House, Congress and regulators, leadership in our industry is more important than ever. Which is why HousingWire is proud to present the 40 winners of our 2016 Vanguard award. These leaders from all segments of the mortgage ecosphere demonstrate that our industry is more than capable of meeting the challenges that lie ahead.
The marketplace is full of hard and private money lenders — it will come down to who can best assist investors in completing their goals, whether that be by providing quicker close times, or with more accurate valuations. With how many options there are for borrowers, lenders will need to start competing for marketshare as borrowers shop their situations to multiple lenders, leveraging the offers against each other. This process will force lenders to update their guidelines, or be forced out of the market.