Proper quality control reporting can be a compass for lenders in creating efficient and profitable mortgage businesses.

WASHINGTON D.C. – The Mortgage Bankers Association presented its annual Ken Markison Legacy Achievement Award to Travis Dyson, CMB, of Flagstar Bank, Troy, Mich.

M&T Realty Capital Corp., Baltimore, provided $98.6 million for multifamily properties in Utah and Virginia.

KBRA, New York, recently published a report, SFR Securitizations: A Decade in the Making, analyzing the sector’s evolution and growth. MBA Newslink interviewed the report’s authors about the factors driving the sector’s growth.

While lenders are doing their best to leverage new technology in the battle against cost and inefficiency, for many, the efforts are almost entirely an in-house effort. Considering that production of a mortgage lies in the hands of multiple entities—the lender, perhaps a mortgage broker, the title and closing company, the appraiser and the like—that may well be a mistake.

Kimberly Phegley joined FirstBank in 2017 and currently serves as the company’s Chief Audit Executive. She is responsible for leading and managing an effective, risk-based audit strategy for all the bank’s businesses and corporate functions.

As someone who has been advising lenders on market strategy for years, I can say that developing SPCPs is neither risky nor mysterious when driven by sound data. Like any well-designed lending program, SPCPs require engaging in intentional, market data-based product design and performance evaluation — a practice that every lender could benefit from if it is not already.

Social selling requires continual care and management, but it’s worth the investment of time, and effort when you’re using social to drive business results. A daily social selling routine helps loan officers in so many ways and managing a program doesn’t have to be overwhelming.