LOS ANGELES–Three risk management executives: Debra Dunn, Chief Operating Officer with SWBC Mortgage, San Antonio, Texas; Gwen Muse-Evans, President and CEO of GME Enterprises, Bethesda, Md.; and Terry L. Schmidt, CMB, Executive Vice President and CFO of Guild Mortgage Co., San Diego; offered their perspectives on risk management and fraud issueshere at the recent Mortgage Bankers Association’s Risk Management, Quality Assurance and Fraud Prevention Forum.
Category: News and Trends
CoreLogic: Florence Losses at $20-30 Billion; 85% of Residential Loss Uninsured
CoreLogic, Irvine, Calif., said its revised estimates of damage resulting Hurricane Florence puts residential and commercial flood and wind losses at $20-30 billion, with 85 percent of residential losses uninsured.
MBA Praises Passage of Veterans’ Protection Bill
The House yesterday passed a bill that closes a loophole for thousands of loans made to veterans that fell through a crack in securitization.
Risk Management and Fraud: Executive Perspectives
LOS ANGELES–Three risk management executives: Debra Dunn, Chief Operating Officer with SWBC Mortgage, San Antonio, Texas; Gwen Muse-Evans, President and CEO of GME Enterprises, Bethesda, Md.; and Terry L. Schmidt, CMB, Executive Vice President and CFO of Guild Mortgage Co., San Diego; offered their perspectives on risk management and fraud issueshere at the recent Mortgage Bankers Association’s Risk Management, Quality Assurance and Fraud Prevention Forum.
Risk Management and Fraud: Executive Perspectives
LOS ANGELES–Three risk management executives: Debra Dunn, Chief Operating Officer with SWBC Mortgage, San Antonio, Texas; Gwen Muse-Evans, President and CEO of GME Enterprises, Bethesda, Md.; and Terry L. Schmidt, CMB, Executive Vice President and CFO of Guild Mortgage Co., San Diego; offered their perspectives on risk management and fraud issueshere at the recent Mortgage Bankers Association’s Risk Management, Quality Assurance and Fraud Prevention Forum.
MBA, Trade Groups Ask Bureau to Change LO Compensation Rule
The Mortgage Bankers Association and nearly a dozen industry trade groups asked the Bureau of Consumer Financial Protection to change its Loan Originator Compensation Rule to better protect consumers and reduce lenders’ regulatory burdens.
Managing Risk for the (Inevitable) Next Disaster
LOS ANGELES–Floods; hurricanes; tornados; wildfires; earthquakes; droughts; volcanoes; ice storms; blizzards. Just another day in America.
Managing Risk for the (Inevitable) Next Disaster
LOS ANGELES–Floods; hurricanes; tornados; wildfires; earthquakes; droughts; volcanoes; ice storms; blizzards. Just another day in America.
Managing Risk for the (Inevitable) Next Disaster
LOS ANGELES–Floods; hurricanes; tornados; wildfires; earthquakes; droughts; volcanoes; ice storms; blizzards. Just another day in America.
Shift to Purchase Market Brings New Mortgage Risks
LOS ANGELES–With the slow, but definite shift from a refinance market to a purchase market, competition for borrowers is at unprecedented highs. And with that, says economist Lynn Fisher, comes a new set of risk for mortgage servicers.