LBA Ware, Macon, Ga., released its 2019 Loan Originator Compensation Report, finding, base commission for LOs effectively unchanged from 2018 to 2019 despite increased industry focus on cost reduction.
Category: News and Trends
#MBAServicing2020: mPower–Owning Your Own Story
ORLANDO—Valerie Gordon understands the power of communication and its impact on the personal narrative.
#MBAServicing2020: Ransomware and Cybersecurity—Understanding the Threats
ORLANDO—Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association, worries about the vulnerability of the mortgage industry.
Mild January Spurs New Home Sales
Mild January weather led to a strong jump in new home sales, HUD and the Census Bureau reported yesterday.
#MBAServicing2020: For Servicing Industry, A Cautious Economic Outlook
ORLANDO—Low mortgage rates, improved home-building rates and a growing number of people aspiring to homeownership makes for an optimistic formula for the mortgage servicing industry, said Mortgage Bankers Association economists, despite some potential headwinds in the short term.
Mortgage Applications Back Up in MBA Weekly Survey
Mortgage applications continued their strong start to 2020, increasing by 1.5 percent from one week earlier as key interest rates fell again, the Mortgage Bankers reported this morning in its Weekly Mortgage Applications Survey for the week ending February 21.
MBA Names Freddy Feliz VP of Information Technology/Chief Information Officer; Michael Flood SVP of Commercial/Multifamily
The Mortgage Bankers Association announced Freddy Feliz joined the Association as Vice President of Information Technology and Chief Information Officer.
#MBAServicing2020: MBA Releases Default Servicing Alignment White Paper
ORLANDO—The Mortgage Bankers Association released a white paper that analyzes federal foreclosure prevention programs and offers recommendations to better align and standardize those programs.
The Real World: Why RON Matters and What Lenders Should Expect
There are countless arguments that have been made regarding why lenders should embrace remote online notarization, but in my eyes it all boils down to a few questions every lender should be asking themselves. How do I make it more convenient for my borrowers to do business with me? How do I fully realize the benefits of an eClosing? How can we increase loan officer referrals?
Mortgage Applications Back Up in MBA Weekly Survey
Mortgage applications continued their strong start to 2020, increasing by 1.5 percent from one week earlier as key interest rates fell again, the Mortgage Bankers reported this morning in its Weekly Mortgage Applications Survey for the week ending February 21.