As longtime industry participants, we at Housing Finance Strategies contend that the pandemic has created a revolutionary opportunity that we must seize and leverage so that the mortgage business can emerge with higher quality prospective products funded through a drastically reduced cost structure.
Tag: Mortgage Technology

Anita Bush: Offering Forbearance Under the CARES Act – A New Reality for Mortgage Servicers
While the number of new forbearance requests is declining, many servicers may still be working with forbearance borrowers for the rest of this year and into 2021. Here’s what servicers can do to handle this new reality.

#MBAServicing2020: Ransomware and Cybersecurity—Understanding the Threats
ORLANDO—Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association, worries about the vulnerability of the mortgage industry.

New York Fed Warns of Financial System ‘Pre-Mortem’ Cyber Risk
In a new report, the Federal Reserve of New York warns a sustained cyber attack on the U.S. financial system could result in “significant spillover” and widespread disruption.

Executive Outlook 2020: Fintech and Data Analytics in Origination, Servicing and the Secondary Market
MBA NewsLink looks at 2020 with perspectives on mortgage technology from several industry executives: Pat Stone of Williston Financial Group; Mike Seminari and Seth Sprague, CMB, of STRATMOR Group; Raymond Eshaghian of Greenbox Loans; and Jane Mason of Clarifire.

Mortgage Vendor News & Views—Scott Roller
Today we focus on a subset of vendors whereby each have an intriguing model adding value to clients – and substantially serving borrowers too. Technology is blurring the lines, enabling innovation and expansion of traditional business boundaries.

Joe Ludlow of Advantage Systems on the Long Road to Embracing Technology
Joe Ludlow is Vice President for Irvine, Calif-based Advantage Systems, a provider of accounting and financial management tools for the mortgage industry.