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• Improving Productivity

  Origination News | September 9

  In today’s mortgage market, there are three big challenges facing some lender customers of Wipro Gallagher Solutions. These include how to improve loan officer productivity in the branches or retail scenarios, dealing with compliance or loan quality, and third, the focus on customer service.

• Six Ways to Market To Ethnic Niches

  September 9 | Free with Registration

  One of my most long-lasting and profitable niches was working with an Asian community. No, I’m not Asian. No, I do not speak the language. But I did understand their culture, their family structures, their mindset about money and their religious beliefs.

• More Coming on the Future of FanFred

  What We're Hearing | September 9

  What does the future hold for Fannie Mae and Freddie Mac? Most mortgage bankers I've talked to over the past month think that eventually the two will be replaced by some type of private system of guarantors who will be back-stopped by Uncle Sam and regulated by the Federal Housing Finance Agency.

• Retirement Luxuries Important to Boomers

  Origination News | September 8

  Over three-quarters of the Baby Boomer generation whose ages are between 45 and 65 said they are willing to spend less money now to have more to invest for a more comfortable lifestyle in the future.

• Reverse Mortgages....Change is Coming...Mindset Is Key

  September 1 | Free with Registration

  We all know the one thing that is certain in life is change. And change is coming in a big way to the reverse mortgage industry. How you prepare and how you handle change tells a lot about you and your future in the business.

• Gasp! A Hard Money Trade Group Rises

  What We're Hearing | September 8

  Not only has the hard money sector revived (ever so slightly, but a revival is a revival) but it has a new trade group. Its name is The American Association of Private Lenders — and the group has even drafted a code of conduct for its members.

• Cantor CRE Seeking Originators for CMBS

  Origination News | September 7

  Cantor Commercial Real Estate, a new financing business aiming to originate what it describes as “competitively underwritten” loans for securitization, has been expanding across the country in major metropolitan areas and last month was looking to bring more origination staff on board.

• Preventing Anger in the Workplace

  September 7 | Free with Registration

  In the current issue of Origination News, I wrote an article that warned business owners about the damage an employee like former flight attendant Steve Slater can do to one's business.

• Ocwen Plans Layoffs at HomEq

  What We're Hearing | September 7

  A few days ago Ocwen Financial officially closed on its $1.3 billion purchase of HomEq Servicing, North Highlands, Calif. The purchase adds $26 billion of servicing rights to Ocwen's base of subprime receivables. (Figures courtesy of National Mortgage News and the Quarterly Data Report.)

• Are You Ready?

  September 3

  Believe me, spending time preparing and planning is never easy. But they’re critical. As residents of the Gulf Coast we know this all too well. Why? Because this is hurricane season and we’re constantly making sure we have plenty of flashlights, batteries, water, plywood, duct tape, easy-to-fix foods and plenty of wine (no sense in not being comfortable)!

Other Voices

• What the Fed Has and May Do

  Origination News | August 27 | Free with Registration

  Ben Bernanke, chairman of the Federal Reserve, discussed in an Aug. 27 speech the policies the Fed has been using to support economic recovery and price stability as well as some of the additional policy options it could consider, especially if the economic outlook were to deteriorate further.

Blog of the Week

• Obama's Mortgage Gift to All Consumers

  What We're Hearing | September 3

  THE BIG PICTURE: In the eyes of most of the business community President Obama can do no right. At least that's the way I view it. Perhaps I should stop talking to mortgage professionals and watching CNBC. The new unemployment numbers came out Friday and depending on which spinmeister you speak to, it was better than expected or a disappointment.