"If FHA delinquencies continue to increase, you can count on the agency to engage forensic quality control experts to conduct reviews. An effective process for FHA loan originations and the technology to back that process up will be imperative to protect lenders in the future."
"Given the variables driving today’s environment, high-quality loans and surpassed capacity-limits, may continue, lenders can minimize their risk of buybacks by keeping their regtech in top shape."
"The mortgage lender’s technology stack is critical to the lender’s ability to reduce overall operating costs. Even more important than the capabilities themselves is the team of technology experts standing behind them to support the lender."
"Communal offices will see a comeback... However, it probably won’t happen quickly. There will be a period of time when much of our commercial real estate is empty. This is a real opportunity."
"This is a fantastic opportunity for lenders to be recalibrating with technology partners to ensure they have right capabilities configured... and the lender is taking full advantage of their partners’ technology innovation."
"While it can be tempting to take all the credit for the success we’re enjoying today, there are underlying reasons for what we’re seeing. Understanding these drivers will allow us to be better prepared for what is coming next."
"Financing, if required, is handled online and when the loan is approved, the car is delivered... Could we ever buy a house like this? Maybe so."
"As mortgage technology continues to evolve, it needs to look inward, toward manufacturing loan assets to truly streamline the mortgage lending process as we know it..."
How have changes from the 'old school way' strengthened the lender's opportunity to play a key role in the success of the rising generation of real estate agents?
What does the pandemic mean for product innovation and the return of a healthy mix of loan products in a growing economy?
"Today, only a fraction of industry business is coming through [consumer direct], but... lenders that want to be prepared for the future will invest in technology that will... allow them to... go consumer direct when they ultimately need to."
