Optimal Blue, Jacksonville, Fla., released Investor Pricing Insight, a benchmarking tool that makes real-time pricing available to wholesale and correspondent mortgage investors on demand.
Category: News and Trends
Quote
“As the mortgage industry comes off two years of record-low interest rates and red-hot consumer demand, lenders are now pivoting to address increasing headwinds from higher loan origination costs and lower origination volumes.”
–Bob Jennings, executive with CoreLogic Underwriting Solutions, Irvine, Calif.
Kebra Rhedrick of Wipro Opus Risk Solutions: Learning from the Best–The Notification Rule
The Notification Rule establishes notice requirements for banking organizations and certain bank service providers when they experience computer-security incidents that rise to the level of notification incidents. Since notification is required before the organization may fully assess the incident, the notification requirement mainly focuses on what is affected. A prudent institution would identify systems and information that trigger the rule in advance.
Scott Roller: A New Technology for Enterprise, Loan Officer Pipeline Building
Traditionally, when this market flip occurs, intense pressure is bestowed upon lender sales and marketing teams. Everyone looks for them to become the ‘rainmakers.’ Pressures are often proportionate to the size of the lender, because few big banks invest in local purchase market referral relationships year-round. There is a fresh new approach to supplement the lender playbook, both at the enterprise and loan officer level.
MBA State & Local Workshop in Washington Apr. 25-26
The Mortgage Bankers Association’s State and Local Workshop 2022 takes place Apr. 25-26 at the Renaissance Downtown Hotel in Washington, D.C., just ahead of the MBA National Advocacy Conference.
mPact Events During MBA NAC 22
Join mPact–the MBA group focused on mortgage professionals ages 35 and under–for a series of networking events during the upcoming MBA National Advocacy Conference in Washington, D.C.
Matt Hansen of SimpleNexus: Rally for RON with MBA
At this year’s National Advocacy Conference, which takes place April 26-27 in Washington D.C., MBA is coordinating with association partners and members to encourage Congress to cosponsor and support the passage of the Securing and Enabling Commerce Using Remote Online Notarization Act (SECURE Notarization Act) of 2021.
MBA Home For All Pledge Partner: FHLBank San Francisco
FHLBank San Francisco is a member-driven cooperative helping local lenders in Arizona, California and Nevada build strong communities, create opportunity and change lives for the better.
Doug Wilber of Denim Social: In Tough Market, Mortgage Lenders Must Compete on Social Media
Mortgage loan officers can no longer rely on bargain rates and that means they need to work harder than ever to best the competition. So how does a loan officer stand out? It’s all about social media.
Office Pipeline Evolves Post-Pandemic
The shift to remote and hybrid work is shrinking the new office supply pipeline, but many developers believe the right project in the right location still makes sense, reported Yardi Matrix, Santa Barbara, Calif.