In the world of Residential Transition Loans (RTLs), where short-term, high-risk loans are used to finance “fix-and-flip” projects, effective servicing can enhance investors’ returns.
Tag: op-ed
New Federal Guidelines for AVMs Elevate Bias Testing, Give Consumers a Stronger Voice–ICE’s Damien Weldon and John Holbrook
Decades after the first fair lending laws started to address discrimination in residential lending, regulators are now laser-focused on eliminating bias in the real estate valuation process.
Asurity’s Diane Jenkins: CFPB Issues Proposed Servicing Rules Aimed at Streamlining Loss Mitigation Process
As most servicers are well aware, the Consumer Financial Protection Bureau recently issued new proposed servicing rules essentially overhauling the existing loss mitigation process.
Calque’s Jeremy Foster–New Tools For Changing Markets: An Innovative Approach To Bridge Loans
As good as traditional bridge loans have historically been for some borrowers, markets evolve and there is a reason history lives in the past.
Mortgage Cadence’s Melissa Kozicki–How Compliance Enables Innovation and Optimization
In today’s fiercely competitive mortgage environment, dynamic risk management through an opportunistic compliance lens is a competitive advantage.
Harnessing the Full Potential of the Mortgage Capital Markets–Rocktop’s Brett Benson
Imagine a day when the mortgage and other fixed-income markets operate like transparent and seamless exchanges. That’s the vision of Brett Benson, Co-President and Chief Investment Officer of Rocktop.
Equifax’s Craig Crabtree: Comprehensive Insights Can Lead to Better Outcomes for Lenders, Consumers and Communities
Home buyers are currently experiencing affordability challenges driven by higher interest rates, tighter inventory and elevated home prices. And the mortgage industry is seeking solutions to meet these challenges while making home loans easier and more affordable.
Asurity’s Diane Jenkins: Buydowns Gain Traction as Borrowers Look for Affordable Payment Options
The higher interest rate environment has given rise to a renewed interest in the use of temporary buydowns to help borrowers lower their initial monthly mortgage payments.
Cenlar’s Tom Donatacci: The Golden Rule of Client Service
I have had a diverse, nearly 35-year career, with each chapter delivering experiences and tools that have helped me manage anything that comes my–or my client’s–way. The most significant accomplishments in my career have been when I’ve been able to surround myself with a strong team with diversified skills.
STRATMOR Group’s Michael Grad: Unlocking Profits from Servicing Assets
With interest rates soaring, most lenders are struggling to generate enough profit from originations to sustain business. And when they are incurring losses with each loan originated, many have turned their attention to mortgage servicing rights for extra revenue.