Remove category best-practices
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What should lenders consider in 2024 for collateral risk?

Housing Wire

Gareth Borcherds , managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can help scale new initiatives and more in this executive conversation. If we are paying attention to how they talk about it, I think we can categorize their thoughts into three categories.

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Best practices to speed up the appraisal process

Housing Wire

I’d say that the best and most efficient lenders are in the five-to-seven-day category, and the average lenders are in the seven to 14-day range for appraisals today,” Zitin said. Best practices. It’s often been difficult for appraisals to keep pace as the rest of the process becomes more streamlined and efficient. “I

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Loan officers are dramatically cutting their pay to win clients. It’s often illegal. 

Housing Wire

Mike continued: “Well, doesn’t that smack of bad faith if I’m not offering them my best price from jump? It’s a race to the bottom,” he said of the practice. And you quote them the best possible rate you could give them that day, knowing that you’ll put them in a bucket just before lock,” said one Wisconsin-based LO. “It

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How to get the most out of your HW+ membership

Housing Wire

These events are where housing professionals gather to share insights and best practices while developing strategic local partnerships. We’re not here to tell you who we think is better, but to try to give you the most robust, accurate and thoughtful assessment of the products, companies and categories in the space.

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Emphasizing efficiency amid a challenging market for mortgage originators

Housing Wire

This concept is exemplified by a Japanese management practice called “kaizen,” which emphasizes continuously eliminating waste and reducing inefficiency. Adding up the inputs and direct labor categories will provide an accurate overall cost to originate. Consider “kaizen”. The answer is to focus on driving efficiency and effectiveness.

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Opinion: Setting the record straight on mortgage pricing

Housing Wire

A flattening of the curve suggests that there is less differentiation in fees across credit score categories holding LTV constant. But changing grids at a time when there are cracks in the economy might not be in the best interest of the enterprises. Smith School of Business at the University of Maryland.

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Compliance experts on navigating RESPA in a digital world

Housing Wire

In addition to RESPA and other guidance provided by the CFPB, Ryan and Salzano said settlement services providers also need to be cognizant of the Unfair, Deceptive or Abusive Acts or Practices (UDAAP) statute, which protects consumers against misleading information.

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