• It’s a whole new ballgame: Takeaways from MBA Tech

    It’s a whole new ballgame: Takeaways from MBA Tech
    [Op-ed] In this commentary, Michael Kolbrener, the chief technology officer for PromonTech, writes about the recent MBA Tech conference. "It was fitting that the Mortgage Bankers Association chose Detroit, the launch pad of Rocket Mortgage, as the site for this year’s Technology Solutions Conference & Expo. The “liftoff” of that disruptive, imagination-capturing product has been the catalyst for a new appreciation of what technology can do for lenders and borrowers," h
  • Nationstar (aka Mr. Cooper) promotes Tony Ebers to chief operating officer

    Nationstar (aka Mr. Cooper) promotes Tony Ebers to chief operating officer
    Nationstar Mortgage, the nonbank also known as Mr. Cooper, announced Thursday that it is promoting Tony Ebers from executive vice president of originations to the newly created position of chief operating officer. Going forward, Ebers will assume responsibility for servicing, originations and Xome operations at Nationstar.
  • New Data Finds Homeowners Struggle When Selling, Despite Hot Market

    Twelve days before Thanksgiving, Mark and Sue Meaney decided to put their 109-year-old house on the market. They looked at comps of similar-sized homes near their St. Paul neighborhood, agreed on a price with their agent and waited anxiously for their first offer to roll in.
    Mark and Sue knew their timing wasn’t ideal. The holidays loomed, and the market was slowing; worse, St. Paul was entering its notorious subzero season.
    The couple felt torn. After one year of searching for a new home,
  • Lennar names new CEO for first time in 21 years

    Lennar names new CEO for first time in 21 years
    Lennar, which became the nation’s biggest homebuilder earlier this year when it bought fellow homebuilder CalAtlantic Group in a $9.3 billion deal, announced recently that it is making a series of executive changes. The changes, which consist of promoting several of the company’s leaders, mark the first significant shakeup of the company’s leadership in some time.
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  • Responding to negative borrower reviews 

    Responding to negative borrower reviews 
    Doing business in the Social Media Era means you're bound to get some negative reviews. The mortgage transaction can be stressful, frustrating, and delayed at times which does not make for a great experience. And with the rise of social media everyone now has a massive bullhorn at their disposal to tell everyone about it. This is why it is important to have a plan in place to respond to negative reviews. Here's how to respond...
  • Ask the Underwriter: How to qualify for a Home Possible loan with ownership interest in other properties

    Ask the Underwriter: How to qualify for a Home Possible loan with ownership interest in other properties
    Can a borrower who is married but living separately from his spouse, who makes the mortgage payments, qualify for a Freddie Mac Home Possible mortgage? Underwriter Dani Hernandez breaks down how to qualify for a Home Possible loan with ownership interest in other properties.

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