Daily Dose

The TILA-RESPA Integrated Disclosure rule has been shaking up the mortgage industry since October 3, 2015, and in turn, causing lenders everywhere to completely alter their loan origination procedures.

Despite seasonal changes, home prices continued their upward trend in October 2015. However, despite the small month-over-month increase, home prices are still up 5.5 percent year-over-year.

It’s well known that home price increases in the Washington, D.C., Metro area have made it difficult to acquire affordable housing in and around the nation’s capitol.

It’s too early to speculate on whether price appreciation will remain a trend heading into 2016—with the market already facing an interest rate hike from the Fed and economic uncertainty.

Franklin American Mortgage Co. agreed to pay the U.S. government $70 million this past week to resolve allegations that the lender originated loans which failed to meet Federal Housing Administration guidelines.

New single-family home sales experienced continued growth in November, with the number of new home sales increasing on a seasonally-adjusted annual basis the U.S. Census Bureau and HUD reported Wednesday.

Fannie Mae has unleashed a new tool that will help servicers analyze additional borrower information to determine more quickly whether or not a distressed homeowner qualifies for a Fannie Mae loan modification.

As the mortgage lending industry moves into the future, the next clear step for most lenders is to fully embrace next-gen tech solutions that will allow borrowers to complete their loan originations completely online.

As one year comes to a close and another lies before us—a blank slate of unknown possibility and uncertainty—it is natural to reflect on what’s passed and speculate what’s to come. Editor's note: This select print feature appears in the December 2015 edition of MReport magazine, available now.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Kelley Martins, Marketing Manager at LBA Ware explains how incentive compensation plans are a practical way to monitor origination performance.