Dave Parker: CFPB’s New Attitude Toward HMDA Fuels Need for Better Tools

As it typically happens with a new presidential administration, there’s a new attitude in Washington toward the housing market. And one of the most significant changes has been the CFPB’s recent decision to roll back flexibility when reporting Home Mortgage Disclosure Act data. But are lenders ready?

Hassan Rashid: From Promise to Reality: Achieve Digital Transformation with Automation

The financial services industry as a whole continues to evolve at a rapid pace, driven by customer expectations, advancements in technology, and heightened competition from incumbents and new entrants. Lenders that seize this opportunity will not only survive, but ultimately thrive well into the future. In contrast, lenders content on simply surviving, taking more of a “wait-and-see” approach, may quickly become irrelevant.

Hassan Rashid: From Promise to Reality: Achieve Digital Transformation with Automation

The financial services industry as a whole continues to evolve at a rapid pace, driven by customer expectations, advancements in technology, and heightened competition from incumbents and new entrants. Lenders that seize this opportunity will not only survive, but ultimately thrive well into the future. In contrast, lenders content on simply surviving, taking more of a “wait-and-see” approach, may quickly become irrelevant.

Hassan Rashid: From Promise to Reality: Achieve Digital Transformation with Automation

The financial services industry as a whole continues to evolve at a rapid pace, driven by customer expectations, advancements in technology, and heightened competition from incumbents and new entrants. Lenders that seize this opportunity will not only survive, but ultimately thrive well into the future. In contrast, lenders content on simply surviving, taking more of a “wait-and-see” approach, may quickly become irrelevant.

Hassan Rashid: From Promise to Reality: Achieve Digital Transformation with Automation

The financial services industry as a whole continues to evolve at a rapid pace, driven by customer expectations, advancements in technology, and heightened competition from incumbents and new entrants. Lenders that seize this opportunity will not only survive, but ultimately thrive well into the future. In contrast, lenders content on simply surviving, taking more of a “wait-and-see” approach, may quickly become irrelevant.

Lori Brewer: Lender Staffing Data Signals Need to Automate Back Office and Monitor Performance

Lenders hiring their way through spikes in volume, as they have for decades, is a suboptimal, efficiency-draining reaction — not a strategic business decision. Any time lenders hire to manage temporary spikes in volume they reduce profitability, add enterprise risk and pour valuable internal resources into a hiring-firing routine that can destabilize and discourage an entire organization long after volume has normalized.