Mortgage Banker Magazine

07/16/2024

This month’s issue of Mortgage Banker Magazine explores how a plucky, California retail shop went fully delegated in less than a year in the worst market in decades and a government-sponsored hazard insurance model could solve the escalating homeowners insurance crisis. Also inside, how the constant parading of Federal Reserve officials exerts enormous influence on mortgage rates, the potential supply impacts should interest rates drop, more homebuyers thinking like investors, and more!

Read the digital edition: https://bit.ly/4cWVM54

06/11/2024

This month’s issue of Mortgage Banker Magazine explores how a data-driven theory of redlining undermines fair lending enforcement, strategies and loan programs, and pending legislation that puts trigger leads on the chopping block. We also examine how far the Federal Reserve can take its policy of quantitative tightening, the rising default risks for servicers in the wake of escalating climate change, how to make cost management a company-wide conversation, and more!

Read the digital edition: https://bit.ly/4bVmDhI

05/14/2024

This month’s issue of Mortgage Banker Magazine explores how different approaches to automated underwriting revolutionize mortgage originations, creating efficiencies, building out markets, and eliminating risks. We also examine how cloud-based systems allow lenders to save their servicing, the yield curve is playing by its own rules, “higher rates for longer” complicate rate-reduction strategies, and more!

Read the digital edition: https://bit.ly/44JjoqZ

04/09/2024

This month’s issue of Mortgage Banker Magazine explores how Geneva Financial’s Aaron VanTrojen makes producers accountable for profitability, protecting their ability to originate in down markets. We also examine how conventional wisdom around recessions needs questioning, new credit scoring models upend decades of GSE underwriting, non-performing loan sales since 2014, and more.

Read the digital edition: https://bit.ly/3xwBeBa

03/12/2024

Discover in this month’s Mortgage Banker Magazine how the landscape of lending is being reshaped by regulatory challenges and the nuanced demands of practices. Dive into an exploration of the evolving debt market, the intricacies of property valuation, and the digital transformation of in the mortgage sector.

Read the digital edition: https://bit.ly/43uk5UJ

03/06/2024

Stanley Middleman, the CEO of Freedom Mortgage, is renowned for his integrity and commitment to keeping his word, principles that have been pivotal in establishing the company as one of the nation's leading lenders over three decades. Valuing credibility and trust, Middleman emphasizes the importance of fulfilling promises in both business and life. His strategic foresight, influenced by the cyclical nature of real estate, has been a key to his success, alongside his belief in the power of networking and sharing knowledge, even with competitors. Stan was nominated as a 2023 Legend of Lending and now he passes the torch to the next class of 2024 honorees.

Listen to his advice here: https://youtu.be/HNuOXzmoz-8

Nominate a 2024 Legend of Lending before by March 8: https://www.ambizmedia.com/recognition/mb-legends-of-lending

Stan Middleman, the CEO of Freedom Mortgage, is renowned for his integrity and commitment to keeping his word, principles that have been pivotal in establish...

02/29/2024

With a career spanning over 30 years, Jerry Schiano stands out as a visionary in the mortgage industry, driven by a singular mission: Simplify. Known for his maverick approach and innovative mindset, Schiano has been a pivotal figure, founding leading lending organizations like Wilmington Finance, New Penn Financial, and the trailblazing startup, Spring EQ.

Watch his advice here: https://youtu.be/MRx_ZNYT-Jc

Honored as one of Mortgage Banker Magazine's 2023 Legends of Lending, Schiano is passing the torch to the next class of legends.

Nominate a 2024 Legend of Lending before Friday, March 8th: nmplink.com/legendsoflending

Read his bio in the 2023 Legends of Lending feature: https://nationalmortgageprofessional.com/news/2023-legends-lending ...

02/21/2024

Carlene Graham was recognized in the 2023 class of Legends of Lending for exceptional leadership. Graham engages in volunteerism, advocacy, and serves on various boards. This year, she passes the torch to the next class of legends...

To nominate a Legend of Lending, submit your nomination before March 8th:

https://www.ambizmedia.com/recognition/mb-legends-of-lending

01/17/2024

Long-standing worker migration patterns prove a strong predictor of future housing demand

Read the cover story of the latest edition of Mortgage Banker Magazine: https://bit.ly/47zntxX

From boom to bust and bust to boom, the climbs and crashes of the national housing market run like a city skyline across a graph charting 50 years of change in U.S. home prices.

01/09/2024

This month’s issue of Mortgage Banker unveils how a UCLA professor is using migration data to spot homebuying trends and what it means for the mortgage industry. Also in this issue, Rob Chrisman details how repurchases can destroy a lender, where success can be found with mortgage servicing rights, and so much more.

Read the digital edition: https://bit.ly/4aS8MZu

12/12/2023

Regulatory agencies are catching up to the new normal: working from home. In this issue we explore the steps being taken, as well as selling mortgages to Native Americans, helping those facing foreclosure, and so much more!

Read the digital edition: https://bit.ly/47NKkqi

11/14/2023

As Staff Writer Ryan Kingsley observes, with projecting an annual origination volume of $1.6 trillion for 2023 – slightly over one-third of the record $4.4 trillion originated in 2021 – it’s eat or be eaten for the scores of mortgage bankers intent on survival but fighting over scraps.

Read the digital edition: https://bit.ly/49yALwM

10/10/2023

This month’s Mortgage Banker Magazine explores the pros and cons of sending customer service needs to offshore locations. Also examined are how to avoid junk fee penalties, finding savings in the loan process, how not to get blown away by climate change, and so much more.

Read the digital edition: https://bit.ly/3FaswsF

09/22/2023

The stomachs of the nation’s largest are rumbling. With first-purchase originations at historic lows, the likes of Rocket, UWM, and loanDepot are starving. Looking for something to fill their bellies, they’ve turned their gaze to tappable home equity, hoping for a bite at that trillion-dollar apple.

Read the cover story: https://bit.ly/3Pp0I8R

The stomachs of the nation’s largest mortgage banks are rumbling. With first-purchase originations at historic lows, the likes of Rocket, UWM, and loanDepot are starving. Looking for something to fill their bellies, they’ve turned their gaze to tappable home equity, hoping for a bite at that tri...

09/12/2023

The September issue of Mortgage Banker Magazine explores how ratings will go a long way toward growing the market for home equity-backed securities. This issue also explains the methods behind rate tables, why single family rentals are cooling off for investors, and so much more!

Read the digital edition: https://nationalmortgageprofessional.com/magazine/mortgage-banker-magazine/helocs-are-happening/digital-edition

08/24/2023

Expanding Community Reinvestment Act to looks good on paper, but is it?

Read the cover story: https://nationalmortgageprofessional.com/news/why-imbs-dont-need-cra-cramdown

You’ve seen it in your neighborhood. The marquee grocery store has closed. With regional variations, a Dollar General, Dollar Tree, or Family Dollar opens in its place. The message Stop & Shop or Publix send by closing is clear: profitability exists elsewhere.

08/15/2023

This month’s issue of Mortgage Banker explores how independent mortgage banks have supplanted in – for the better. Other stories of interest include ’s trillion dollar future, when chatbots go rogue, the pros and cons of contract processors, and so much more.

Read the digital edition: https://bit.ly/3shuMuV

07/26/2023

American homeowners are sitting on a gold mine of , thanks to skyrocketing property values. Gold mines, if the old Westerns are to be believed, are prone to attracting attention.

Read the cover story: https://bit.ly/3Ovgwrn

American homeowners are sitting on a gold mine of home equity, thanks to skyrocketing property values. Gold mines, if the old Westerns are to be believed, are prone to attracting attention. That’s why lenders, scrambling to offset a significant drop in purchase and refinance originations last year...

07/11/2023

This issue of Mortgage Banker Magazine looks at home equity and how it can be a gold mine in a time of diminishing purchase originations.

The digital edition is available now: https://bit.ly/46FUmtt

06/27/2023

Glenn Stearns, the founder and CEO of Kind Lending, is a well-known force in the and beyond thanks to his founding of Stearns Lending and his starring role in the television series, “Undercover Billionaire.”

Read the cover story: https://nationalmortgageprofessional.com/news/kwikie

Glenn Stearns, the founder and CEO of Kind Lending, is a well-known force in the mortgage industry and beyond thanks to his founding of Stearns Lending and his starring role in the television series, “Undercover Billionaire.” Now he can add top-selling author to his biography. His new book, “I...

06/13/2023

Integrity Matters: Glenn Stearns of Kind Lending talked with Mortgage Banker Magazine Staff Writer Katie Jensen on his secret to success. It’s a combination of hard work, thinking outside the box, and being a self-starter. Most importantly, he does it with a focus on being kind.

Read his story in the June edition of Mortgage Banker Magazine: https://bit.ly/43NDEGm

05/19/2023

For trying to get a start in , there are plenty of reasons to hate the Empire State.

Read the cover story: https://nationalmortgageprofessional.com/news/new-york-how-conquer-not-fear-empire-state

For mortgage brokers trying to get a start in New York, there are plenty of reasons to hate the Empire State. Inefficiencies, stringent regulations, lengthy licensing periods, and other roadblocks can make this process a nightmare, yet some brokers can overcome these obstacles and dominate this supr...

04/19/2023

The people buying into this delusion are most likely potential — your clients — and newer entrants into the .

Read the cover story: https://nationalmortgageprofessional.com/news/flip-script-mild-recession-brings-opportunities

The entire nation, not just the mortgage industry, seems to be buying into the media’s gloomy outlook on the economy this year with Google’s most searched terms including recession, housing bubble, and inflation. The people buying into this housing bubble delusion are most likely potential homeb...

04/05/2023

Just days remain to nominate your 2023 . Nominate yourself our someone you know who is 40 or older, with at least 15 years of experience in lending.

The nomination deadline is April 7: nmplink.com/legendsoflending

03/24/2023

You don’t care about increasing ? OK, well how about money? If there was a widget that could increase your company’s profits by 36%, you would buy it, wouldn’t you? The idea is you could do the same thing at no additional cost by making your potential hiring pool more diverse.

Read this month's cover story: https://nationalmortgageprofessional.com/news/diversity-and-inclusivity-fattens-your-profits

Let’s face it, not everyone cares about promoting diversity and inclusion. D&I experts who speak at conferences already know this — some audience members remain engaged, while others consider it to be an intermission period, getting up to go to the bathroom or refill their coffee mugs. But the p...

03/14/2023

In this issue of ...

Sure, it feels good to practice and inclusion but did you know it can also improve your firm’s profitability? This month’s Mortgage Banker Magazine points out how. Other topics include tracking , measuring on spending, and why second place can hurt so much.

Read the digital edition: https://bit.ly/3JDA1ve

Sure, it feels good to practice diversity and inclusion but did you know it can also improve your firm’s profitability? This month’s Mortgage Banker Magazine points out how. Other topics include tracking home equity, measuring ROI on tech spending, and why second place can hurt so much.

03/07/2023

Legends are relentlessly dedicated to what they do

Help us honor the . Nominate yourself or someone you know who is 40 or older, with at least 15 years of experience in lending.

Deadline: April 7

Nominate today: nmplink.com/legendsoflending

02/24/2023

Sees A Future With
It says in-person is the difference between it and failed Costco attempt.

Read the cover story: https://bit.ly/3YWSvfr

Starting in high school and continuing through his collegiate years, there were few opportunities for Justin Demola to engage in usual adolescent and student behavior like sleeping in or slacking off. Instead, during vacations and breaks, he was put to work in his uncle’s mortgage business, Walsh ...

01/30/2023

The digital edition of Issue 1 of Mortgage Women Magazine is available now!
Featuring women who have made a difference in the Mortgage Industry as well as new and rising stars. Also in this issue, the 2023 award recipients.

nmplink.com/MWIssue1