Late payments on single-family home mortgages improved on a consecutive quarter basis as more recovery from Hurricanes Harvey and Irma took hold, but more potential loan performance concerns lie ahead.
From first-time homebuyers and real estate referrals to digital mortgages and back office execution, here's a look at the biggest concerns and highest priorities of the country's most successful loan officers.
The National Mortgage News 2018 Top Producers program recognizes the nation's best mortgage loan officers and identifies the key market developments, business practices and priorities that define their careers.
Requiring solar panels for all newly constructed residences is good news for investors who finance these systems, if only because it will help keep developers afloat, according to Moody’s Investors Service.
Demands for loan quality aren't just coming from regulators and the government-sponsored enterprises. Secondary market partners and investors don't want to be left holding the bag if loans that lenders create have quality issues.
President and CEO
National Reverse Mortgage Lenders Association
Despite having a qualified candidate ready to serve, Senate leadership on both sides of the aisle have ignored their responsibility to vote on Brian Montgomery's nomination as Federal Housing Administration commissioner.
The home buying season is already shaping up to be especially competitive this year, as rising prices and mortgage rates are putting a damper on purchasing power in many once-affordable housing markets.
Everyday lenders become more and more challenged to deliver a competitive modern consumer experience, expedited loan fulfillment, heightened loan quality and per loan profitability, reduced fraud, risk exposure and per loan costs.
As banks modernize their mortgage platforms, they need to be mindful of a slew of state and federal laws, some of which are in the process of changing. In this executive summary, a compliance expert walk through current compliance considerations and help leaders form a strategy for meeting ever-changing regulations.