Future-proofing the Mortgage Platform Decision

Future-proofing the Mortgage Platform Decision

In the course of a mortgage originators business, few decisions are more important than selecting a Loan Origination System (LOS) system and vendor partner. In fact, there is a clear interdependence between operational performance and platform performance. Effective and well-thought out processes ensure a business is getting the full advantage of their platform while a powerful, automated system can alter business strategy, drive profitability and deliver operational efficiencies.

Driving Continuity of Customer Service and Compliance in Loan Transfer

Driving Continuity of Customer Service and Compliance in Loan Transfer

Current market conditions continue to make servicing loan portfolios a coin toss. Many originators strive to maintain control of loan servicing, since it reinforces branding and provides a first line of communication to customers for retention and refinancing. With today’s higher interest rates, however, refinancing has decreased and that has slowed down the normal portfolio attrition rates—with significant cost implications.

URLA/1003 Changes Are Kind of a Big Deal. Here's What You Need to Know.

URLA/1003 Changes Are Kind of a Big Deal. Here's What You Need to Know.

February 1, 2020 is the deadline to comply with URLA/1003 changes. While that deadline may seem far off in the distant future, we all know better. When a deadline for compliance is set, it usually seems reasonable…even far off. But then, one morning, you wake up and the deadline is tomorrow. This simply isn’t fun so let’s do our best to avoid this scenario by embracing a proactive mindset.

Consultant's Corner: Seven Personality Traits of an Effective Mortgage Industry Consultant

Consultant's Corner:  Seven Personality Traits of an Effective Mortgage Industry Consultant

Have you considered becoming a Consultant, but are unsure if you posses the necessary skills, personality and/or character traits required to take the next steps required to advance your career in that direction? As a Mortgage Consultant for Consolidated Analytics’ Operational Excellence (OpExNow) Advisory Division, I have learned first-hand from Clients and experienced Project Managers the requirements and expectations for such a role.