Real estate news

• How to approach gender bias in the mortgage industry

  29-03-2018 22:40
  
  [Op-ed] In the wake of the publication of a scathing column against Rob Chrisman, calling out his derogatory jokes, the industry’s response has been divisive. While I share the author’s concerns about some of Chrisman’s jokes, in my opinion, the author’s approach to initiate change was reckless and potentially harmful to our cause to improve inclusivity in our industry. I’d like to share an alternative approach to change leadership that I think is more effective for
  
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• Wells Fargo promotes Perry Hilzendeger to lead retail mortgage lending efforts

  29-03-2018 22:18
  
  Wells Fargo is creating a position to lead its retail mortgage lending efforts and choosing one of its own to fill the position. The bank announced Thursday that it is naming Perry Hilzendeger as the company’s head of home lending retail, a newly created role.
  
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• Here’s another sneak peek of 2018’s HW Tech100

  29-03-2018 19:31
  
  Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. This week, we are previewing several of the companies that made our list. Today, we're showing off another 10... Click here to see some of the companies that made our list.
  
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• As interest rates continue to rise, money-center banks may become dominant choice for LOs

  29-03-2018 18:00
  
  [Op-ed] In the last few years, private equity and larger mortgage originators have acquired smaller ones. But many mortgage lenders who’ve survived until this time are unable to secure additional capital or are unfit for acquisition. Dear LendingLife readers, this is where I come in.
  
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• The war is over: Web 2.0 won

  29-03-2018 17:00
  
  Industry people talk about creating relationships all the time, but in the same breath, they talk about social media not being about relationships. It's time to take a look at social media as the biggest opportunity you will ever get to strengthen and create those relationships.
  
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• Here's how predicting housing cycles improves mortgage lending

  29-03-2018 16:00
  
  For lenders, having reliable data-driven predictions is essential for a range of decisioning: determining reliable loan-to-value (LTV) thresholds; examining risk at origination; understanding at-risk portions of a portfolio for acquisition or loss-mitigation purposes; improving servicing strategies in situations of default, REO or short sale; and understanding and identifying suitable loan modification options to avoid additional risk for troubled homeowners.
  
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