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Volume 22, Issue 104
MBA Newslinks Archive
MBA NewsLink Wednesday, May 31, 2023
MBA NewsLink Tuesday, May 30, 2023
MBA NewsLink Friday, May 26, 2023
MBA NewsLink Thursday, May 25, 2023
MBA NewsLink Wednesday, May 24, 2023
Terrell Cassada of LoanLogics: Real Secondary Market Loan Confidence Happens from Within
New technologies, including AI, machine learning tools and rules-driven workflow, are finally being applied to the loan production process with gusto. Real results are being achieved through automation that drives fewer underwriting touches and exposes quality issues earlier in the production process. And now the secondary market—one of the last remaining components of loan manufacturing still awash in spreadsheets, manual processes, and data inconsistencies—is finally getting its turn at bat.
Elevating Your Quality Quotient, Part II: Mortgage Servicing Post-Pandemic
Regulations offer guardrails, but rebuilding trust is key to a vibrant mortgage servicing industry. The hurdles of the Great Financial Crisis have been largely overcome and the COVID-19 Pandemic National Emergency was formally decreed behind us on April 10. So, what does the marketplace for servicing look like today and what aspects of servicing could look different in the future?
MBASecondary23: Broeksmit: ‘You Don’t Need Punishment or More Regulation; You Need Praise and Relief—and You Need it Now’
NEW YORK—When Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, stepped on stage Monday here at the National Secondary Market Conference & Expo, he promised a presentation “more pugnacious than normal.” And he delivered.
Quote: May 24, 2023
“My job gives me a front-row seat to the workings of government. Every day, I hear from policymakers. Every day, I see the rules they roll out, and the ones coming down the pike. Frankly, what I’m witnessing is deeply concerning.”
–Mortgage Bankers Association President & CEO Bob Broeksmit, CMB.