Items Tagged with 'Hot Seat'

ARTICLES

  • From HW Magazine

    Hot Seat: Matt Richardson of Manley Deas Kochalski

    Ohio court rulings continue to cause concern for servicers
    The Ohio courts are still grappling with the Ohio Supreme Court's Holden decision from 2016. In this case, the Court made what appeared to be a simple holding that nevertheless has created new disputes in the lower Ohio courts and even the Ohio federal courts. There is now a split of authority in the Ohio courts, both state and federal, regarding how long the statute of limitations is for a cause of action under the mortgage.
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  • From HW Magazine

    Hot Seat: Kim Hoffman of Sutherland

    Letting third-party service providers do the heavy lifting
    There has never been a more defined need for lenders to partner with providers who can handle all facets and complexities of the mortgage process with ease. Margins are razor-thin, consumer experience expectations have never been greater and speed has never been more important. Managing any one of these variables alone is difficult, now add compliance, quality requirements or buy back risk, and rising interest rates, there is no need to go it alone.
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  • From HW Magazine

    Hot Seat: Simon Moir of eOriginal

    eOriginal delivers eClosing capabilities to companies of all sizes with an open platform
    Originators can digitally create the promissory note and securely manage it as an authoritative copy with delivery to secondary market. For instance, by sending the note digitally from the originator to a warehouse lender, the risk of a lost note or shipping are eliminated. Thanks to technology, the eNote is delivered and transferred instantly, with data that can be instantly validated. This advancement accelerates the time between origination and the replenishment of capital.
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  • Hot Seat: Brien McMahon of Radian

    Supporting lenders as they reach minority borrowers
    To best serve our customers, we must have a complete understanding of the housing market. Harvard University’s Joint Center for Housing Studies estimates that nearly 75% of our nation’s household growth over the next decade will come from minority-headed households. As a comparison, as recently as 2012, fewer than 30% of U.S. households were headed by minorities. In addition, the 2015 Home Mortgage Disclosure Act reported that the Asian American/Pacific Islander community is the fastest growing segment of the U.S. population. 
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  • From HW Magazine

    Hot Seat: David Gansberg of Arch MI

    The benefits of a dynamic MI pricing solution in a rising interest rate environment
    With interest rates rising, being able to price MI more precisely gives lenders a significant competitive edge in the this market. For eligible borrowers, RateStar can mean more affordable mortgages with lower monthly payments overall. Millennials will also appreciate how this technology facilitates a personalized evaluation of the risk represented by their individual loan scenarios.
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  • From HW Magazine

    Hot Seat: Michael Danlag of Sutherland Mortgage Services

    Process transformation presents opportunities for mortgage lenders
    Process transformation requires a balance between automated processes and those handled by mortgage professionals. A partner with the proper onshore and offshore mortgage experience will structure the framework for maximum efficiency in accordance with the lender’s specific needs.
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  • From HW Magazine

    Hot Seat: Ralph Armenta of Alight

    How continuous forecasting is especially important for independent mortgage banks
    Mortgage banking is not the sleepy cottage industry of yesterday. Mortgage banks have evolved into highly competitive, real-time, geographically dispersed businesses that require firm owners, CEOs, CFOs and sales leadership to keep a finger on the pulse of the enterprise 24/7 to capitalize on opportunities and mitigate losses.
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  • From HW Magazine

    Hot Seat: Kim Hoffman of Sutherland Mortgage Services

    Bringing down origination costs with creative solutions
    Being creative, thinking outside the box, and working with partners who can provide customized solutions such as outsourcing non-core functions offshore to capitalize on the highly educated work force, lower salary requirements, and ability to work shifts around the clock, can really be a productivity and expense game-changer.
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  • Hot Seat: Patrick Nackley of Superior Home Services

    Helping servicers get the most out of hazard claims
    We don’t want servicers to get shorted on pricing, depreciation, being paid overhead and profit. If you are maximizing the value of each settlement and anticipating using that money to repair, you are reducing the incidents of corporate contribution.
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  • From HW Magazine

    Hot Seat: Jason Hogg of B2R Finance

    Providing an easier mortgage process for residential rental investors
    The lenders serving owner-occupied and commercial buyers try to twist their products to fit the financing needs of the single-family rental investor, but continue to come up short. The needs of the SFR investor often don't align with the narrow box offered by traditional lenders and that's where we come in.
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