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Opinion, commentary and analysis on everything that makes the U.S. housing economy tick -- not to mention the ghosts in the machine, too. Written by HW's team of editors and reporters each business day.

Managing spikes (and dips) in mortgage volume

Hint: Pick the right tech partner
According to the Mortgage Bankers Association, refinance applications jumped more than 100% in the first few weeks post-‘Brexit’ as compared to a year ago, and many lenders found themselves over capacity and struggling with the increase in volume. Here's how to keep up.
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Here are the top 5 ways technology reinvents getting a mortgage

The rise of the digital mortgage
The mortgage lending industry is still largely powered by technology that was first introduced before the 2000 dot-com bubble. Why? Realistically, getting a mortgage will never truly be a one-click process, and frankly, it shouldn’t be, but with technology it can be a better, faster process than it is. And while we have a ways to go to get there, these tips can help.
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[Part two] Ellie Mae: We need to rethink the effectiveness of the Disclosure Desk

The true cost of the disclosure desk
Those in the mortgage industry continue to struggle for efficiency and quality. Yet disclosure desks still manually review borrower documents. It’s an antiquated process that’s quickly becoming a roadblock to the industry rather than a benefit. Continuing from the first blog post, here are two high-level guidelines for making the disclosure process an effective and quality-driven component in the life of the loan.
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The key to success in the mortgage business: Making mentorship work

Develop internal talent
After recent consideration, one industry executive found that her success had less to do with the path she had taken and much more to do with the mentors she found along the way. Here are tips to help you connect with the younger people in your organization and maybe even help your management team set up a more formalized mentorship program.
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Hillary Clinton on CFPB: Why would you get rid of that?

Gives speech on her economic plan
In the same week and same state as Donald Trump, Hillary Clinton also revealed her economic plan. Included in her speech, she talked about bringing tax relief to small businesses and expanding regulation. Most notably, she questioned why anyone would want to disband the CFPB. Of course, she also made time to throw in a few jabs at Trump.
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[Part one] Ellie Mae: We need to rethink the effectiveness of the Disclosure Desk

The emergence of Know Before You Owe
Those in the mortgage industry continue to struggle for efficiency and quality. Yet disclosure desks still manually review borrower documents. It’s an antiquated process that’s quickly becoming a roadblock to the industry rather than a benefit. So what would happen if the disclosure desk went away?
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