Tag Archives: Lenders

Although lenders are being selective in who they lend to in terms of credit score, overall, mortgage lending standards have eased every quarter over the last two years. Could this be the beginning of yet another financial crisis?

As new credit populations emerge in the housing market and competition among lenders heats up, other data avenues must be considered to accommodate new borrowers.

The heavily-regulated mortgage environment has caused technology innovation to become a new focal point of many businesses within this space. John Guzzo, Managing Director in the Financial Technology Group at Berkery Noyes sat down with MReport to share his insight on how technology is changing the mortgage industry.

As lenders gear up to attract new loan officers (LO), many have them are requesting unique or complex compensation plans. The real challenge lenders face is adapting their compensation plans to these requests, while complying with Consumer Financial Protection Bureau (CFPB) standards.

Lenders must reach out to meet their future millennial clients in their own environment—online. Editor's note: This select print feature appears in the January 2016 edition of MReport magazine, available now.

Most economists in the mortgage industry project that the housing market will experience a slow down in activity in 2016, but that does not mean that lenders' businesses have to coast along too.

Lenders have been troubled by the Home Mortgage Disclosure Act (HMDA) data points for many years, but they may see some relief in the near future.

The new year is sure to bring about an array of changes for lenders. Some good, some bad, and some ugly. Read on to find out how lenders can put their best foot forward in 2016 and be prepared for what's to come.

The ABA operates as the voice of the nation's $16 trillion banking industry, which is made up of regional and large banks. These banks hold a total of $11 trillion in deposits and extend nearly $8 trillion in loans.

The Consumer Financial Protection Bureau will no longer be the only entity monitoring TILA-RESPA Integrated Disclosure rule compliance among lenders. The Office of the Comptroller of the Currency announced Friday that TRID compliance exams are coming.