Neal Doherty: A Lender’s Guide to PPP Loan Forgiveness Timeline

A key provision of the CARES Act is the Paycheck Protection Program (PPP), which authorizes small businesses to apply for loans guaranteed by the Small Business Administration. PPP loans can be forgiven, either in whole or part, under certain conditions. This article is intended as an overview of key steps in submitting and obtaining PPP loan forgiveness.

Adjusting Your Compliance to the Digital Mortgage Landscape

When it comes to mortgages, digital is quickly becoming king. The Mortgage Bankers Association estimates that within three years, most loans will be completely underwritten electronically, with only loans that deviate from standard parameters being reviewed by experienced underwriters.

Mortgage Vendor News & Views

In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. The primary theme today is the growth of a few vendors, especially in innovation and technology. We also address the age-old question of “Is bigger better?”