Loan Think

Digitizing the lending experience can go a long way toward boosting mortgage applications even as interest rates continue to fluctuate.

Complaints made by legacy shareholders of Freddie Mac have no value after the Treasury Department pumped up Freddie and Fannie Mae through conservatorship.

Wide short-term swings in interest rates — and loan prepayments — that we've all witnessed have serious secondary effects on consumers, lenders, investors and also policymakers.

A more sustainable approach to home flipping is a responsible one that benefits not just real estate investors, but also the neighborhood, local economy and even the eventual resident.

Most digital transformation efforts concentrate on loan origination technology and do not deal with the costs incurred in the settlement and closing process.

Even as digital mortgage availability make it easier for Americans to navigate the process, many would-be buyers are struggling to afford a home.

Banks need to mitigate potential bias in algorithmic predictive models using artificial intelligence, as regulators are weighing how to oversee the emerging technology.

Loan officers' jobs are harder than they need to be because of back-end system inefficiencies, and it adds cost to the process.

Lenders looking to keep up with the competition should adopt a digital mortgage process because a key borrower segment and the government-sponsored enterprises increasingly expect them to offer one.

The incentives are stronger than ever to work toward standardizing the documentation, language and process for loans in commercial mortgage-backed securities to be combined with PACE financing.