Home equity lending is back. According to the Mortgage Bankers Association’s Home Equity Lending Study, originations of open-ended Home Equity Lines of Credit and closed-end home equity loans increased by 50% in 2022 compared to 2020.
Tag: RON
MBA Applauds House Passage of Remote Online Notarization Bill
The House on Wednesday passed legislation that creates federal minimum standards to allow notaries in all states to perform remote online notarization transactions. The Mortgage Bankers Association applauded the news.
MBA Applauds House Passage of Remote Online Notarization Bill
The House on Wednesday passed legislation that creates federal minimum standards to allow notaries in all states to perform remote online notarization transactions. The Mortgage Bankers Association applauded the news.
Mortgage Action Alliance Issues Immediate ‘Call to Action’: Support Nationwide Use of RON
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action Monday supporting bipartisan legislation that would allow notaries in all states to perform Remote Online Notarization transactions.
Chris Lewis of DocMagic: 3 Keys to Moving Forward with RON Now
Remote online notarization is the critical component to the industry’s realization of a truly 100% paperless, fully remote, no-touch mortgage closing. In the journey to deliver a digital lending experience, the offering and acceptance of RON completes a transformation that promises to provide benefits to lenders and the borrowers they serve.
Chris Lewis of DocMagic: 3 Keys to Moving Forward with RON Now
Remote online notarization is the critical component to the industry’s realization of a truly 100% paperless, fully remote, no-touch mortgage closing. In the journey to deliver a digital lending experience, the offering and acceptance of RON completes a transformation that promises to provide benefits to lenders and the borrowers they serve.
Paul Anselmo of Evolve Mortgage Services: Defragmenting the Digital Closing Process
Paul Anselmo is CEO and founder of Evolve Mortgage Services, Frisco, Texas, a provider of outsourced mortgage platforms. He has more than 30 years of experience in the banking and mortgage industries. Previously he served as president, CEO and founder of Mortgage Resource Network (MRN), a business process outsourcer and technology provider to the mortgage industry. In 2019, he was honored as a “Lending Luminary” by the PROGRESS in Lending Association.
(#MBALive) Closing Loans During a Pandemic With RIN and RON
Enterprising mortgage companies are using what they have to ensure consumers can still obtain loans during the COVID-19 crisis.
The Real World: Why RON Matters and What Lenders Should Expect
There are countless arguments that have been made regarding why lenders should embrace remote online notarization, but in my eyes it all boils down to a few questions every lender should be asking themselves. How do I make it more convenient for my borrowers to do business with me? How do I fully realize the benefits of an eClosing? How can we increase loan officer referrals?
The Real World: Why RON Matters and What Lenders Should Expect
There are countless arguments that have been made regarding why lenders should embrace remote online notarization, but in my eyes it all boils down to a few questions every lender should be asking themselves. How do I make it more convenient for my borrowers to do business with me? How do I fully realize the benefits of an eClosing? How can we increase loan officer referrals?