Trending Thursday: Is the job description “financial press” or “palace guard?”

Trending Thursday: Is the job description “financial press” or “palace guard?”

From the Fed to FannieGate, plus the impact of banking regulations and more

Question remains: When will interest rates start rising?

3 different expert predictions

This is why you can't blame Millennials for low homeownership rates

Stop the blame game
W S

Blogs

new REwired blog header

REwired

Trending Thursday: Is the job description “financial press” or “palace guard?”

From the Fed to FannieGate, plus the impact of banking regulations and more
A lot of people are suggesting that many of the mainstays in the financial press aren’t asking the right questions in coverage — from the Fed to FannieGate. Truth, or trolls? Plus credit conditions and the impact of regulations on mortgage banking. Read on, brave soul.
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This is why loan fraud is running rampant

Most applications have false information
Loan fraud is rampant and is on the rise. According to the LexisNexis 2014 Mortgage Fraud report, 74% of loans reported in 2013 involved some kind of fraud or misrepresentation versus 69% in 2012. Here are several tips to help combat the issue.
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Monday Morning Cup of Coffee: Mortgage lenders "routing" homebuyers to FHA?

Ocwen, Nationstar results also coming soon
Lower credit scores are leading to higher mortgage costs, according to an article in the Seattle Times. There is a new opinion, separate from the many who view last month’s Supreme Court decision on "disparate impact" as a negative. Also, it’s time for the massive nonbanks to start weighing in with their earnings.
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Pavaso blog header revision 2

Closing Call

A new era of solutions

Recapping last week's posts and tech progress this year

Solutions exist today that can help with a large majority of the business process shifts that will result from the rule. And the last year has provided an opportunity for them to solve things further.  


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TILA-RESPA technology cheat sheet

What you need to know when investing in a digital closing solution

If you fired off an email, handed the consumer a brochure, or even simply talked about something face-to-face, how will you record or determine if the consumer engaged that content? The digital delivery of educational content will be key to not only getting the consumer to interact with it, but tracking what the consumer actually accessed.


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How to save $1,100 or more on the cost to close each loan

A digital solution can help lenders' profit margins

If you’re one of the lenders who hasn’t converted over to a digital closing platform yet, chances are you’re going to be a little lost (and even further behind) when that next phase of development kicks off about two months from now.  


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MBA Annual has come and gone, but TILA-RESPA is here to stay

What progress have you made one week after the conference?

As you head to complete this phase by Week 28, you not only need to look at how your organization operates internally, but how it operates externally as well with business partners and consumers to ensure regulations around the three-day delivery rule for the Loan Estimate are met.  


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TILA-RESPA Phase I complete

Get ready for Phase II of the Lender Implementation Timeline

Staying on par with the timeline, next week will kick off the Analyses and Decisions phase, in which you’ll be reviewing your workflow, systems and compliance in order to determine the revised procedures, system recommendations and policies necessary.


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