Sales Boomerang, Owings Mills, Md., and Mortgage Coach, Irvine, Calif., appointed Shelli Holland as Chief People Officer. She will help define and connect the mission and values of the merged company and align the people behind them.

The MBA NewsLink 2023 Tech All-Star Awards nomination period is underway. Nominations will be accepted through Friday, Jan. 20.

A year that started out on a high from record-breaking originations, has now come to a close with the industry taking a long look at how to press forward.  At first blush, the next two years are likely to be challenging, but I lean more towards the optimistic view and see this time period as one filled with opportunity.

Here are three key takeaways that mortgage companies should know to help meet compliance requirements and protect borrowers and their organizations in the process.

The reality is that market has been very strong for so long that many originators took for granted that they could do the same things and still produce the same results. But as they’re now finding out, that was never going to be the case.

Academics, consultants, and vendors advocate for “data-driven” enterprises underpinned by augmented analytics, adaptative AI/ML, digital ethics, consumer privacy, and AI security. Yet, as the pace of innovation rises across financial markets and consumer models, the organizational capabilities of leveraging data are declining. What is wrong with this picture?