Promontory MortgagePath, Denver, named Louann Bernstone and Debora Aydelotte managing directors with responsibility for Vendor Management and Client Strategy, respectively.
Category: News and Trends

eClosing Best Practices, Part I: Going for the Quick ‘e’ Wins to Drive Internal Adoption
No one is disputing the operational benefits or the cost savings lenders can achieve with digital closings. What seems to be still up for debate is how feasible it is for lenders to go digital today, with discussion focused on the “all or nothing” proposition.

MBA Releases New White Paper: The Basic Components of an Information Security Program
The Mortgage Bankers Association released a new white paper, The Basic Components of an Information Security Program, which provides an overview of current information security risks that affect the mortgage industry, as well as explanations of basic components of an information security program intended to help manage those risks.

Residential Briefs
(EDITOR’S NOTE: MBA NewsLink will publish Briefs all week to keep up with the many announcements taking place at the MBA Annual Convention & Expo this week in Austin, Texas.) …

The Week Ahead
AUSTIN, TEXAS–MBA NewsLink comes to you this week here from the Mortgage Bankers Association’s Annual Convention & Expo at the Austin Convention Center.

MBA Advocacy Update
This past Tuesday, the House Financial Services Committee held a hearing, The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America, with testimony provided by Treasury Secretary Steven Mnuchin, HUD Secretary Ben Carson and FHFA Director Mark Calabria.

MBA Chart of the Week: MBA Builder Applications Survey vs. Census New Home Sales
According to data from the MBA Builder Applications Survey, new home purchase activity fell in September but remained higher than a year ago, continuing a trend where purchase demand for new homes for sale this year have consistently outpaced year ago levels.

Today at MBA Annual19
AUSTIN, TEXAS–The Mortgage Bankers Association’s Annual Convention & Expo kicks off in earnest this morning here at the Austin Convention Center with a full slate of activities.

MISMO Issues Draft Update to SMART Doc Implementation Guide
MISMO announced release of a draft update to its SMART Doc® Implementation Guide for member comment.

5 Trends Driving Mortgage Technology in 2020
American technologist, artist and set designer Bran Ferren has been quoted describing technology as “something that doesn’t work yet.” I think a lot of us in the mortgage industry can relate to his description. We use technology all the time, yet technology often fails to solve our most critical problems.