Items Tagged with 'mortgage industry'

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How a Trump presidency will shock the mortgage industry

How long will the CFPB survive?
The PHH ruling that put the CFPB under the authority of the president seemed like a nonevent given a Clinton victory — it’s not like she was going to disband the regulatory agency birthed by Elizabeth Warren. Any change to the status quo was kicked down the road by at least four years. Except Trump won. And Republicans now control the Senate and the House. Read this expert commentary from HousingWire Editor Sarah Wheeler.
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From HW Magazine

Company Spotlight: Alight

Forecasting technology solution provides visibility into financial impact of decisions
At the epicenter of technology innovation in the Bay Area, Alight founders saw the need for a collaborative planning and forecasting technology solution that provides visibility into the financial impact of decisions and sudden market changes in highly complex and dynamic industries.
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How burdensome regulations now mean survival of the fittest

The mortgage industry needs more than compliance capabilities
Even today, the consequences of the mortgage crisis of 2008 resonate throughout the mortgage industry. However, the biggest impact from the meltdown wasn't sweeping regulation. Most will agree that there will be more “TRIDs” or “ATRs.” Instead, it's this key factor for businesses that is important.
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Upcoming loan officers ready for the market?

Only 20% speak a second language
As many loan officers prepare for retirement, the market struggles to find their replacement, and those that are coming in may not be prepared for today’s market. With only 20% of them reporting that they speak another language, this could become a barrier for the diverse new home-buying population.
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Altisource adds two senior executives in origination solutions

Will manage and oversee sales
Altisource Portfolio Solutions recently announced that it hired two mortgage industry executives, Michael Kuentz and Justin Vedder, who will take on the positions of vice president of national sales for Lenders One and vice president of national sales for AltiSource Orginiation Solutions, respectively.
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LenderLive appoints new execs to correspondent lending division

Lynn Collins and Tisha Hamari joined the firm as regional account executives
As the newest members of LenderLive, regional account executives Lynn Collins and Tisha Hamari will cover southern states and will work with current and prospective clients, including community banks and credit unions participating in or considering the company’s correspondent program.
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