Items Tagged with 'Disclosure Desk'
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  • tech design

    [Part two] Ellie Mae: We need to rethink the effectiveness of the Disclosure Desk

    The true cost of the disclosure desk
    August 12, 2016
    Bill Smith
    Those in the mortgage industry continue to struggle for efficiency and quality. Yet disclosure desks still manually review borrower documents. It’s an antiquated process that’s quickly becoming a roadblock to the industry rather than a benefit. Continuing from the first blog post, here are two high-level guidelines for making the disclosure process an effective and quality-driven component in the life of the loan.
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  • tech design

    [Part one] Ellie Mae: We need to rethink the effectiveness of the Disclosure Desk

    The emergence of Know Before You Owe
    August 11, 2016
    Bill Smith
    Those in the mortgage industry continue to struggle for efficiency and quality. Yet disclosure desks still manually review borrower documents. It’s an antiquated process that’s quickly becoming a roadblock to the industry rather than a benefit. So what would happen if the disclosure desk went away?
    Read More

This month in
HousingWire magazine

Feature

What happened to reverse mortgages?

LendingReverse
For anyone actively working in the mortgage industry, it’s no secret that reverse mortgages have taken a brutal hit in the last two years. The U.S. Department of Housing and Urban Development issued major program changes at the end of 2017 that effectively limited the amount of proceeds and the number of people who could qualify for the loan. The result had lenders across the space enduring sizable volume drops and subsequent gashes to their bottom lines.