Amidst changing QC requirements and increasing repurchase risk, lenders must invest in automation to drive efficiency and protect profits.
Category: News and Trends
Mobility Market Intelligence’s Ben Teerlink: Using Change Management to Turn Adoption Woes into Adoption “Whoas”
Limited adoption of Software as a Service solutions within an organization has many of these products perceived as having over promised and under delivered. To alter this perspective and increase SaaS adoption, businesses need to update their approach to SaaS adoption and utilize change management as the driving concept of the adoption process.
ATTOM: August Foreclosure Filings Up From July, Down From 2022
ATTOM, Irvine, Calif., reported in its August 2023 U.S. Foreclosure Market Report that there were 33,952 U.S. properties with foreclosure filings. That’s up 7% from July but down 2% year-over-year.
Quote: Sept. 18, 2023
“MBA strongly opposes certain provisions of the proposal that undermine the mortgage market and takes exception to the extremely scant economic analysis regarding how the changes will affect the economy, single-family housing market, and commercial real estate finance markets.”
–MBA President & CEO Robert Broeksmit, CMB, testifying Sept. 14 at a Congressional hearing entitled Regulatory Partisanship: Basel III Endgame
Broeksmit Testifies That MBA Opposes Certain Provisions of the Basel III Proposal
MBA President and CEO Robert Broeksmit, CMB, testified before Congress yesterday. He told the House Financial Services Committee that MBA strongly opposes key elements of the Basel III proposal, which, absent significant revisions, could increase borrowing costs and reduce credit availability.
Survey Finds 29% of Americans Still Live in Hometowns
All Star Home, Raleigh, N.C., recently conducted a survey that found 29% of Americans report living in their hometowns.
MISMO Publishes Updated Version 3 XML Reference Model General Information Guide
MISMO®, the real estate finance industry’s standards organization, published the updated Version 3 XML Reference Model General Information Guide.
Industry Briefs Sept. 18, 2023
Industry briefs from CoreLogic, LenderLogix, Dovenmuehle and National MI.
Ben Teerlink of Mobility Market Intelligence: Using Change Management to Turn Adoption Woes into Adoption “Whoas”
Limited adoption of Software as a Service solutions within an organization has many of these products perceived as having over promised and under delivered. To alter this perspective and increase SaaS adoption, businesses need to update their approach to SaaS adoption and utilize change management as the driving concept of the adoption process.
Quote: Sept. 15, 2023
“MBA strongly opposes certain provisions of the proposal that undermine the mortgage market and takes exception to the extremely scant economic analysis regarding how the changes will affect the economy, single-family housing market, and commercial real estate finance markets.”
–MBA President & CEO Robert Broeksmit, CMB, testifying Sept. 14 at a Congressional hearing entitled Regulatory Partisanship: Basel III Endgame