By Jeffrey M. Birdsell  Calculating the Comparative Cost of a Reverse Mortgage Tired of hearing reporters and consumer advocates call Reverse Mortgages expensive without providing any backup? Read More...

By Michael DetwilerCompliance challenges require flexible document preparation technology For all the talk across the industry suggesting that the preparation and delivery of mortgage closing packages has become a commodity, there   Read More...

Brad Thompson As the dust settles from the financial crisis and rates reach a historic low, lenders are turning their focus on managing an increase in loan volume while simultaneously looking to capture increased profit margin. To remain competitive, many   Read More...

By Michael DetwilerNew loan origination system a window into heart of dealBack in ’05, I warned that the loan origination systems of the day would soon be relics. Anyone in the lending business for that long   Read More...

By: Abby Gregory With risk-retention regulations weighing heavily on exposed lenders, servicers, and investors, it's critically important to develop the right strategies and protection for success in today's mortgage marketplace. An   Read More...

By John LevonickThe industry awaits the implications that Dodd-Frank will have on reverse lending.The current federal regulatory landscape for reverse lenders is in a “wait and see” mode. The broad obligations and implications   Read More...

Growing DemandBased on the increasing number of mortgage technology vendors deploying SaaS versions of their software, it seems apparent that lenders see the value of SaaS and are willing to make the switch from other products. Mortgage   Read More...

By Seth HooperLeveraging business process improvement and advanced technology to position yourself for a better tomorrow. Let’s face it: Nobody is immune to the impact of the current housing crisis. While   Read More...

By Jerry DeMuth It turns out that doing more loan modifications efficiently, quickly and at less cost is all about adding improved technology - not just adding more people. In servicing - an industry not known for innovation – that’s kind of a   Read More...

Michael Detwiler entered the mortgage market in the late 1990s with one goal, to really redefine the conventional definition of a loan origination system. He turned the standard LOS concept on its ear and sought out to build what he coined an enterprise lending system or ELS   Read More...

What does the Dodd–Frank Wall Street Reform and Consumer Protection Act really mean? The crux of the legislation reads like this: Welcome to the world of the “qualified mortgage”--more lending requirements, more risk to originators, less origination revenue   Read More...

By Mike DetwilerAs second quarter job and economic growth numbers are debated, we all sit back and listen. What does it all mean? We need to start with   Read More...

By Trevor GauthierAccepting growth in technology and automating now, can help in the future.Read More...

By Tim Counterman Thanks to the Dodd-Frank Wall Street Reform and Consumer Protection Acts, the federal government is making it virtually impossible to be a mortgage broker. By extending the application of the Truth in Lending Act to include mortgage brokers   Read More...

By John LevonickUnderstanding the impact that new data security regulation has on delivery models like cloud computing is essential today. While other regulatory, compliance and legal issues such as the new RESPA changes   Read More...

By Chuck KimballDealing with the vast number of defaults that servicers face could be the spark that ignites mainstream "e" practices in the space. For years we have heard numerous industry visionaries and   Read More...

By John LevonickThe quality revolution: Leveraging technology is one sure way to restore faith in the private-label securitization market. The industry is abuzz over which industry participants are best suited to   Read More...

By John LevonickWhile it is no surprise that compliance with the new RESPA requirements has been very challenging to all Brokers and Lenders, there seem to still be new issues emerging on a weekly basis. The strict GFE disclosure requirements and the   Read More...

By John LevonickAs the mortgage origination industry returns, lenders must prepare to defend against potential repurchase claims. Rising loan defaults have forced Investors, GSEs and HUD to create internal audit teams to review loans for any deficiency   Read More...

By John LevonickThe Reverse Mortgage lending industry has begun to attract the attention of Federal and State Regulators, and, as a result, national and local lending institutions now have the obligation to build a strong Compliance and Risk Mitigation   Read More...

Mortgage Tech Applications: Compliance Modeling as a Paradigm Shift The past year has seen significant changes within the mortgage industry, many of which have forced lenders to make drastic process modifications to their origination platforms   Read More...

By Scott Fecteau Advanced Rules Engine Integrated with Intelligent Forms Creation Eases Compliance Burden In today's highly regulated mortgage marketplace, lenders are acutely aware of the constantly changing rules and regulations and   Read More...

By Trevor GauthierAutomation Delivers Streamlined Process to Adapt to Rapidly Changing MarketMany of the 80 million baby boomers have reached the 62-year-old minimum age eligibility for HUD reverse mortgages. This   Read More...

By Anthony GarritanoDespite the market downturn, the online channel is surviving and growing, which is why lenders should start investing in this technology today. Sure, the pundits said the online channel would be larger by now, but   Read More...

By Brad ThompsonTechnology Solutions That Could Save Your Business To remain competitive in today's market reverse mortgage lenders are feeling the pressure to embrace the new mandatory live pricing requirements recently   Read More...

By Michael DetwilerThe industry is only beginning to see the potential of reverse-mortgage lending. What will it take to jump into the space in a big way? Ask the average real estate professional what a mortgage is, and   Read More...

By Gabe Minton There is much change afoot in the mortgage industry—not the least of which is in the origination technology sector. Projects are having scope reductions, being deferred or cancelled altogether. From a loan product perspective, the   Read More...

By Gabe Minton The industry has made marked progress in the ongoing adoption of eMortgages. Eight years or more in the making, eMortgage adoption is slow and methodical, whereas "hybrid" solutions are most common. The industry   Read More...

By Gabe Minton In today's market, many lenders are asking how they can improve the quality of their operations and data, often complementary to their existing technology. Their goals are usually to accomplish more with less, or increase their velocity   Read More...

By Gabe Minton No one, I'm sure, would doubt— given the current market environment— that fraud is at an all-time high and trending up, not down. There are multiple methods for attacking this growing problem. They include legal remedies such   Read More...

By Kim KarouniThe answer may surprise you!Lenders shopping for a new enterprise lending system that is capable of handling any type of mortgage loan – from the point of sale through to the secondary market – are   Read More...

By Gabe Minton As I transition from the staff of the Mortgage Bankers Association (MBA) back into the trenches of an enterprise loan origination system (LOS) product company, many new (and old) topics confront me as good ones to discuss in my ongoing   Read More...

By Michael DetwilerThe type of company that a lender chooses to develop its software is as important as what it builds. It wasn't that long ago when lenders thought about technology in terms of an investment they may or   Read More...

By Peter Carter The most critical need for any player in today's dynamic mortgage marketplace is to adjust and respond to market forces as they arise. For lenders, this equates to the ability to release new products in order to generate new   Read More...

By Peter Carter When soliciting new lending technology platforms, the RFP is only the beginning of the process. Here, we go beyond the RFP and examine the due diligence process and how to properly and effectively scrutinize selected vendors.
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By Gerard Heinz For most lenders, the technology buying process begins with a Request for Proposal. Unfortunately, the resulting documents rarely provide enough information to accurately determine which purchase decisions are most likely to benefit the   Read More...

By Gerard Heinz For every new technology implementation success story, there are dozens of horror stories from lenders that were not as lucky. Many executives end up relying on luck when choosing a lending platform because they often misuse the tools   Read More...

By Gerard Heinz It's not just about making documents easy to find, it's also about complying with increasing regulation. Everyone knows that paper is a problem for the mortgage industry. It is by no means the fastest, most reliable   Read More...

By Michael DetwilerThere is a critical choice facing lenders shopping for new technology to deliver efficiencies to their origination shop. It comes down to picking a loan origination system with an embedded rules engine or one that's got one   Read More...

By Michael DetwilerIs the industry at a turning point in choosing mortgage origination technology? One technology executive says yes.There has been some banter in the industry (articles, roundtables, water-cooler   Read More...

By Michael Detwiler The high rate of technological innovation in the mortgage industry has led to a proliferation of buzzwords that has gotten out of control. Vendors are now feeding these new terms to executives instead of providing solid information   Read More...

By Michael Detwiler Implementation of a new loan origination system (LOS) has ground to a halt. The technology group blames the business side for filling its initial scope document with buzzwords that, in light of the current problems, are meaningless   Read More...

By Michael Detwiler Most lenders are shocked by what they find when they break down all the steps in their current lending process. Yellow sticky notes covering a wall document the paper trail for lenders that embark on this self-enlightenment process   Read More...