Recently added articles from Mortgage Technology:
Multitasking Within Commercial Lending; New regulation may prompt lenders to move away from automating the various tasks associated with commercial lending.(Features)
Dec 01, 2009 ... Byline: Scott Kersnar When giant Capmark Financial Group (formerly known as GMAC Commercial Holding Corp.) filed for Chapter 11 bankruptcy protection in September after posting a second-quarter loss of about $1.6 billion, that was yet another sign that commercial real estate ...
Locking Out Lawsuits; Technology keeps getting better, and that's good news for lenders, servicers and investors concerned about exposure to class action suits.(Legal Insight)
Dec 01, 2009 ... Byline: Fred Melgaard One of John Grisham's most enjoyable reads was his 2003 "King of Torts," a demi-expose of the class action suit industry. It really is an industry, too, complete with how-to seminars, marketing assistance and fulfillment outsourcing, all aimed at rewarding ...
Selecting a Loan Mod Strategy; With defaults rising and government pressure to avoid mass foreclosures, the right automation will make the difference.(Features)
Dec 01, 2009 ... Byline: Anthony Garritano In the first quarter of this year the Obama administration launched an effort that it said would save nine million Americans from foreclosure. Four to five million were supposed to be helped by a loan modification. But to date, only 650,000 mods have ...
Automating Payment Collection; It is now more important than ever before for mortgage servicers to be good partners to their customers, especially those in need.(Tech Outlook)
Dec 01, 2009 ... Byline: Missy Zakett In today's challenging economic environment, offering customers a broad variety of payment options is a necessity. These options should include flexibility, control and choice. After all, the Mortgage Bankers Association reported this November that ...
The Online Volume Boom; While overall originations climbed just modestly in the first half of this year, online retail originations soared much, much higher.(Tech Stats)
Dec 01, 2009 ... In the last issue of this publication it was reported that among the top 10 online originators, online volume increased by 75% in the first half of this year as compared to one year prior. During the same timeframe overall online originations increased by 77%. The picture for ...