Sanjeev Malaney is founder and CEO of San Francisco-based Capsilon Corporation, a provider of comprehensive cloud-based document imaging and data capture solutions that enable mortgage lenders, investors and servicers to increase productivity and lower costs, while ensuring compliance.
It is imperative for lenders to examine their entire mortgage operations to see what can be done to save time and satisfy compliance requirements, all while reducing total loan-production costs. To do this, lenders need to turn to technology to automate key steps in the loan production cycle, from loan onboarding to TRID tolerance checks and post-close compliance.
President Donald Trump appointed Calabria to take the helm of the FHFA on December 12, 2018. The Senate then officially confirmed Calabria in April by a vote of 52 to 44 as head of the agency. Since then, Calabria has not been silent on his plan to reform the FHFA and the entities it oversees – Fannie Mae and Freddie Mac.