Page 19 - Lender Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

New products, Fee Collection, Sales, VOE Tools; Events and Webinars: All This Week! Mar 2 2021, 7:10AM As a kid, magic tricks are amazing because we think there is magic. As an adult, magics tricks are amazing because we know there is no magic. Lenders know that financing a home is not magic, done through sleight of hand. Quite the opposite. Getting a mortgage while you’re grabbing a cup of coffee is misleading, and MLOs bear the brunt of educating borrowers how much arduous work it takes to satisfy them. STRATMOR Group and CFI Group released annual report finding...

Infrrd and State National Companies Partner to Transform Process, Elevate Customer Experience Share Article Intelligent Document Processing firm Infrrd and State National Companies, a leading specialty provider of insurance services, have teamed up to enhance the experience of State National’s customers by transforming the way the company processes client data. Dealing with over 2,100 insurance companies, each with multiple versions of their own company-specific forms, called for a powerful and flexible solution. Infrrd is providing a solution that is configured to fit State National’s un...

Ops, MLO Jobs; Cap. Mkts., Valuation, Default, Fulfillment Tools; Technology and Processing Notes Feb 25 2021, 8:03AM As hope for a recovery drawing nearer helps push rates higher, Carol K. writes, “I hate it when people ask me what I do for fun because there is no classy way to say, ‘Binge drink.’” The approaching 1003 form mandatory changes may cause some people to turn to drink… Is it going to “March Madness” at your shop with the new URLA? (The commentary has plenty of URLA and processing notes below.) Plenty of lenders who are “farther along tec...

AE, MLO, Ops Jobs; Rule Logic, Subservicer, Non-QM, POS Products; Rate Moves Partially Impacting Rate Sheets Feb 18 2021, 8:30AM Welcome to 124-year-old Girl Scout Cookie Season! If you’re an LO, how’d you like to deal with borrowers for 189 years, or eat the same thing day after day? I thought so. Meet Jonathan who now holds the record for the oldest animal in the world. (Speaking of age, how do you appraise a 1960 Missouri bunker as a $1.1 million residence?) Jonathan couldn’t care less about mortgage rates, which have moved higher. Even yesterday’s FOMC m...

Private Bank, Correspondent, MLO Jobs; CRM, Jumbo, Sales Tools; LDI Now Public; Wells' PPP Fraud Example Feb 12 2021, 8:16AM Lending and real estate are permanently linked. On the mortgage side of things, the podcast of today’s commentary features thoughts on the $1.5 billion cap on Agency whole loan sales, and it can be heard via Apple, Spotify, or Google: subscribe and download. On the real estate side of things, inventory issues around the nation continue. Remember that ten years ago large corporations were soaking up the majority of homes that came on the mark...