In my first post on this topic, A Loan Officers Guide to Secondary Marketing - Part I, I explain the difference between the primary and secondary markets through four key concepts. Let me reiterate, the common loan officer doesn't need, or want, to have a deep understanding [...]
In recent conversations, it has become clear that the concept of a Digital Mortgage Marketplace is widely acknowledged, though not clearly understood. I recently shared a few of the highlights at the 2018 Optimal Blue Client Conference, largely focused on the following [...]
Making the decision to transition from Best Efforts to Mandatory delivery is a process that begins well before an organization actually takes the leap. As you contemplate the right transition time and strategy for your organization, you will want to conduct a preliminary [...]
We all know that a borrower with a higher FICO score will get a better rate on their mortgage, but how much better? Consumers are always asking this question so we thought we would share our findings. The answer depends on the type of mortgage they are receiving.
Let me [...]
The NMLS Consumer Access website, a treasure trove of relevant and real-time information, could benefit many businesses in the industry if it was perhaps called the "All-Inclusive-Everyone-Is-Welcome-Mortgage-Access" website! However, under the 2008 Secure and Fair [...]
Remember the HITCHHIKER'S GUIDE TO THE GALAXY? At the core of this story, written long before today's innate reliance on smart phones and tablets, was the idea that there was this incredibly useful, incredibly simplistic guide to the entire galaxy, with the information in it [...]
There have been plenty of sources citing the current administration's plans to reduce regulations. Don’t mistake a pledge as a good time to take your foot off the gas when it comes to digital advertising and social communications. In February of last year, an executive order [...]