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HUD proposes ‘modernizing’ servicer communications with defaulting borrowers

Housing Wire

Department of Housing and Urban Development (HUD) on Monday published a newly-proposed rule in the Federal Register that would allow mortgage servicers to use telephonic or other electronic means to communicate with a distressed borrower, in a way that is most likely to yield a response. “[T]his

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Ready or not, CRA modernization is at the door

Housing Wire

That’s partly because, according to a joint notice of proposed rulemaking from bank regulators on Thursday, banks’ performance would be judged by where they lend, not just where they have branches. Honestly we don’t know if that is coming or not,” said Ricard Pochkanawala, senior policy council at the Center for Responsible Lending.

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Opinion: How marketing automation saved an LO’s business

Housing Wire

But when it comes to marketing a real estate or mortgage lending business, people who have made a sale in the past often consider marketing automation a “nice to have.”. How marketing automation saved Mike’s business. Thanks to this technology, most of his customers and business partners didn’t even know he was sick.

Business 427
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FormFree’s Brent Chandler on transforming the way the housing industry does business

Housing Wire

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire reached out to Chandler to discuss how COVID-19 has propelled a much-needed modernization among lenders. What are some examples of these strategies?

Business 409
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Xactus Hires Thomas Gallucci as EVP, Strategic Sales

Appraisal Buzz

Gallucci has nearly 20 years of financial services and mortgage industry experience, fostering business relationships and leading sales efforts. Prior to that, he served in business development, operations, and training roles with several lenders. During his tenure, partnership revenue grew by six times.

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21 podcasts mortgage professionals should be learning from

Housing Wire

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Mortgage Lending Mastery.

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With the Origence Mortgage Platform, lenders can adapt their lending experience to meet borrowers’ needs

Housing Wire

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

Lending 197