Keith Guenther is chief executive officer and founder of Lake Forest, Calif.-based U.S. Real Estate Services Inc. (USRES) and RES.NET. USRES provides financial support services for valuing and liquidating real estate assets, and RES.NET is a platform of specialized technology portals designed for different aspects and participants of the real estate industry. Contact Keith via email at Keith.Guenther@usres.com.
In an ever-changing market, mortgage servicers carry the increasingly difficult burden to justify the expense of software enhancements and extended development required to update their current technology, in order to merely maintain standards.
He wears t-shirts to his televised interviews; not very CEO. He played sports at a high level, but rarely brings it up and when he does he talks about it as a mere chapter in his life. Honestly, who plays a Super Bowl and doesn’t describe it as the defining moment in their personal journey? Casey Crawford, that’s who. His family is a big part of his life of course, but he talks about his even larger family — his coworkers — in terms that are just as glowing.
One of the things that has bedeviled mortgage financing post-crisis has been the absence of the private label mortgage backed securities market. During the peak years, private label MBS issuance topped $1 trillion. In 2017, only $70 billion of private label RMBS were issued, although that is a big increase from 2016.
Digital technology has disrupted businesses and industries from publishing to public transportation, so can the mortgage industry be far behind? Actually, anyone who’s applied for a mortgage recently will have recognized that things are already changing fast.