JP Kelly, SVP, Mortgage at MeridianLink®, emphasizes assessing LOS effectiveness and adapting swiftly to market changes for scalable lending.

After years of struggling to attract young people to pursue careers in this field, the mortgage industry is considered fully staffed. But if we can’t keep our people sufficiently motivated, that situation will change.

Navigate the evolving market with trusted insight. Join us in San Diego May 5-8 for MBA's Legal Issues and Regulatory Compliance Conference, the premier event for legal and compliance professionals in real estate finance.

A 2015 survey by Garrett, McAuley found that roughly half of respondents were monitoring fair lending compliance of their pricing concessions as expected by regulators. While the mortgage market has shifted since 2015, challenges in navigating the waters of pricing concessions and fair lending persist and could present more risk than you think.

The U.S. Census Bureau reported construction spending dipped again during February to a seasonally adjusted annual rate of $2,091 billion, 0.3% below January’s $2,096 billion figure.

CoreLogic, Irvine, Calif., said the U.S. housing market posted an overall delinquency rate of 2.8% in January, approaching a record low.