Alight Mortgage Lending is the only choice for real-time financial optimization – giving you precise, up-to-the-minute answers for the questions that matter most: What happens if mortgage rates skyrocket? Will it be better to open a new branch this quarter or next? Is there enough cash to build franchise value by retaining servicing? Alight Mortgage Lending puts the power of in-the-moment scenario analysis into the hands of CEOs, CFOs, and their teams. Visit www.alightinc.com.
"Millennials are the future of this business and technology is what they've known all their lives. So, to attract and keep young talent, we have to give them the appropriate resources and technology—keeping the technology current keeps them engaged and excited,” said Laurel Caliendo, president and CEO of Village Mortgage.
[Subscribers only] Multigenerational living, where two or more adult generations live under the same roof, is becoming a growing trend in the U.S. Currently about 19% of Americans now live in a multigenerational household, the highest level since 1950. That amounts to about 60.6 million adults in 2014, up from 57 million adults in 2012. And homebuilders have taken notice, designing houses specifically catered to this segment.
Would-be homeowners are inundated with picture-perfect examples of new and remodeled homes brimming with upgrades. But in the real world, homebuilders and investors must calculate the rate of return on these sometimes fleeting trends, weighing what buyers want with what they can actually afford. This feature looks at which features buyers of different age demographics consider the most important, and what that means for sellers.
We’ve found that the handling and posting of payments during bankruptcy has been a widespread issue in our testing environment. Specifically, there is increased risk exposure in pre-and post-petition payment application and treatment, both inside and outside of the bankruptcy plan. Servicers and sub-servicers have created manual workflow workarounds to address the issue, however, it does open the servicer up to more exposure to calculation errors.