There is a lot of misinformation circulating around Forbearance - how it works and who it's for. Some borrowers are even entering forbearance immediately after closing on a new home. Educate your borrowers on all of the variables that pertain to...
Read more →The LO Down: The Inspector's Fortune
Sometimes, things aren't quite what they seem. Are you ever worried about what the borrower went through before they got to the loan process? Between Inspectors, Appraisers, and Realtors, things can get crazy for the borrower before they even get...
Read more →Are People Backing Out Of Home Purchases After Not Thinking It Through?
Weekly Roundup: Jan. 26th, 2018
Get through your Friday with weekly news round ups from The Knowledge Coop. This Friday we talk about Caliber Home Loans, Amazon's potential HQ2, expiring mortgage moratoriums in Puerto Rico, & plenty more!
Read more →Consistency in Process [VIDEO]
What is it in your company that is driving you absolutely batty? We talk to a lot of loan officers every year around this time and unfortunately, the message is usually the same. Consider how cool it would be to do this exercise in your company...
Read more →Happy Thanksgiving! [VIDEO]
Happy Thanksgiving! Hoping we can help you save time and still provide delicious desserts to your next gathering.
We may joke about making pie, but we never joke about helping you and your company stay compliant in a challenging compliance...
Read more →Does Technology Care? [VIDEO]
The answer to the question is no. Technology does not care. Unless AI becomes a very real interactive piece of the puzzle, and there are serious questions about whether that is a good idea or not, the reality is that you are the only thing...
Read more →Se Habla Español? (And other languages) [VIDEO]
It's time for us to consider how we will deal with the FHFA Language Disclosure that is coming. Here are some thoughts from Ken and some reading for you (links below).
Read more →MBA Updates are Bearable [VIDEO]
Ken is at MBA Annual Conference and sharing a few thoughts like: Margins are increasing (if only slightly), the average cost of the loan from cradle to grave is $7,700, and if you're not doing it ethically...well shame on you and you will be...
Read more →Open Letter to the NAR [VIDEO]
Some interesting thoughts hit Ken this last week surrounding RESPA, realtor and loan officers, ethics, and the National Association of Realtors.
Who could stop this RESPA violation rampage? Maybe its actually the NAR. But maybe they don't...
Read more →