Loan Think

To avoid a crisis similar to in 2008, protection needs to be in place for the mortgage industry. Soon, flood insurance will need to be standard for almost all coastal areas, which will be a considerable cost, writes the CEO of Repair Pricer.

Kind Lending founder Gary Stearns told the National Association of Mortgage Brokers that the wholesale channel always feels the pain first in a slowdown and that changes were coming to the industry after a remarkable run, writes the chairman of Whalen Global Advisors.

Because there are currently no obligations on the sector to file suspicious activity reports — and no penalties associated with not reporting — there is no real incentive to report, writes the vice president of SmartSearch.

If Biden appointees are going to apply more antitrust scrutiny to bank mergers, they need to factor into their analysis the competitive threat that banks face from fintechs and other less-regulated players.

While the Biden Administration has issued a series of measures to encourage the production of more affordable housing, municipalities must changing their zoning or other restrictive laws to facilitate additional development, writes the Chairman and CEO of Walker & Dunlop

Congress says one thing — we want to help these families with modest wealth just starting out — but then does the opposite, time and time again, writes the principal at TVDC.

The targets set by the rule pitched last month would be reduced from recent performance levels for non-minority low-income census tracts, reducing the incentive for the GSEs to purchase mortgages for families in these areas, writes a former principal economist from the Federal Housing Finance Agency.

The biggest issues facing the mortgage industry involve public policy and all of them feature a political narrative that is ill-informed and largely at odds with market realities, Whalen writes.

Lenders and servicers must ask three essential questions of their technology provider in order to better understand how they operate, writes the director of U.S. operations for Paradatec.

As millennials and Gen Z position themselves to obtain 25 million new households by 2028, appealing to these tech-savvy generations should be a top priority for retail lenders, writes the director of technology alliances at Total Expert.