Market Commentary: The Impact of Lock Pull-Through on Hedge Performance & Profitability

03 December, 2019 / by Michael Clark, Ph.D. and Brian Love

When an interest rate on a mortgage is locked with the borrower, the loan origination process is far from complete or pre-determined. Circumstances may arise that jeopardize the likelihood that the loan will close. The underwriter could find the borrower to be unqualified, a [...]

Bid Tape: A Reflection & Tomorrow's Opportunity

29 March, 2019 / by Don Brown

Some years ago, I authored an article in which I was advocating “the new” bid tape process and encouraged readers to give it a try. It seems a bit trite at this point, as so much has changed over the last few years. I feel obligated to revisit the status of this strategy and [...]

4 Key Points to Consider When Transitioning from Best Efforts to Mandatory Delivery

28 August, 2018 / by Mark Teteris CMB

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 [...]