BSI Financial Services, Irving, Texas named Kelli Yarbrough as senior vice president and chief lending officer. She will be responsible for all lending operations, growing the firm’s loan portfolio and managing a team of dedicated loan officers and underwriters.
Category: News and Trends
Rhonda McGill of PerformLine: Marketing Compliance Trends for the Mortgage Industry
As part of our 2022 State of Marketing Compliance Report, we surveyed mortgage compliance leaders on their organizations’ marketing compliance practices for insights into trend information on the depth of compliance programs, concerns and challenges. Here are the top trends and stats that mortgage companies should know in 2022.
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“The invasion of Ukraine is expected to result in instability for some time and could result in escalating cyber risks to our industry. As lending is a critical component of our nation’s infrastructure, we urge our members to remain extra vigilant for attempts to breach their systems through phishing and other attack methods.”
–Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association.
MBA Weekly Applications Survey Mar. 2, 2022: Mortgage Applications Down Again as Rates Push Higher
Mortgage applications fell again last week to their lowest levels since 2019 as mortgage interest rates pushed to highs not seen in nearly three years, the Mortgage Bankers Association reported Wednesday in its Weekly Applications Survey for the week ending Feb. 25.
Chad Whittenberg of Equifax: Providing First-Time Homebuyers With An Optimal Lending Experience
Whether verification of income, employment or assets; or payment histories tied to rent rolls and utilities like mobile phone service; by incorporating these additional data sets into the loan decisioning process, lenders gain a deeper understanding of the borrowers they serve.
MBA Recognizes Premier, Select Associate Members
The Mortgage Bankers Association is proud to recognize its Premier and Select Associate Members and thank them for their continued support of MBA and the real estate finance industry.
(Mortgage M&A Trends) Paul Anselmo: Pandemic’s Impact on Digital Processes is Fueling M&A
For nearly two decades, creating a completely digital process from application to the secondary market has been one of the mortgage industry’s greatest, most exciting and most difficult challenges. The eMortgage remains an elusive goal—but today we’re closer to it than ever.
Shalecia Callaway of FICS: Embracing Diversity & Inclusion in Mortgage Lending Strengthens Industry, Builds Profitability
A lender committed to DEI focuses on building staff, leadership and a customer base that reflect the borrowers it wants to serve. Diverse staff and leadership create an environment where a broader range of ideas can flourish, boosting a company’s bottom line.
Kimberly Boatwright of Ncontracts: 4 Key Stages of Annual HMDA Data Lifecycle
During this time of the year, one area of compliance stands out as a focal point: HMDA.
MISMO Issues Call for Participants to Create eVault Standards
MISMO®, the real estate finance industry standards organization, on Monday issued a call for participants for a new development workgroup focused on creating eVault standards that foster interoperability among eVault providers.