Here’s what the bank had to say to a lawsuit filed by a loan officer in California that could have a broader impact on the bank’s wage and commission practices for its mortgage business.Read More »
The Loan Officer’s Best Friend
Digital POS systems make the loan officer’s job faster and the homeowner’s experience better. Learn what implementing a POS can do for your origination team. Editor’s Note: This feature originally appeared in the May issue of MReport, out now.Read More »
Does Mortgage Loan Officer Age Impact Borrower Confidence?
A new report finds that the average age of the typical loan officer is perceived to be between 52-55 years old and that this inaccurate perception may hinder millennials’ perception of doing business with them.Read More »
Is Getting a Mortgage Loan Becoming Easier?
Credit standards among mortgage lenders tend to change with overall economic conditions. A survey from the Federal Reserve shows that credit standards may be easing among lenders, but will this change be in the best interest of the housing market?Read More »
3 Habits Every Successful Loan Officer Needs to Practice
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Chris Backe, Business Development Director of Financial Services at Velocify, provided MReport with his three most important habits that help loan officers create winning sales strategies.Read More »
Forecasting Interest Rates – Baer, Founder of Market Alert
Larry Baer joins the broadcast to discuss forecasting interest rates, high/low cycles and monetization of forecasts.Read More »