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Showing posts from February, 2020

MBA Servicing Solutions Conference & Expo 2020 - Part 2

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MBA Servicing Solutions Conference 2020 - what to watch out for - Part 2 If you are working in the mortgage industry, then I am sure you would be following the  MBA's Servicing Solutions Conference & Expo 2020  happening this week in Orlando, FL. It is a great opportunity to network with industry executives and to learn the latest in the industry. There are a lot of interesting sessions. But here are a few that we would highly recommend. 25 February ’20, Tuesday. The day starts with a members-only committee meeting on Loan Administration so, if you’re a committee member, head-on at 7:30am sharp to attend this exclusive meeting. 1. General session- Market Outlook:  However, if you’re not a member, you can arrive a little late but just in time for the first general session of the day at 9am on Market Outlook with speakers Mr. Joel Kan, Associate Vice President of Economic and Industry Forecasting, Mortgage Bankers Association and Ms. Marina Walsh, Vi...
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MBA Servicing Solutions Conference 2020 - what to watch out for. If you are working in the mortgage industry, then I am sure you would be following the MBA's Servicing Solutions Conference & Expo 2020 happening this week in Orlando, FL. It is a great opportunity to network with industry executives and to learn the latest in the industry. There are a lot of interesting sessions. But here are a few that we would highly recommend. 24 Feb. ’20, Monday.  The day will kick start at 7:30am with the registration desk opening up till 5:30pm. 1. General session - Inspiration of Reinventing : At 8:30am, the general discussion will take place at the Windermere Ballroom on the topic of ‘Inspiration of Reinventing’ between the speakers Mr. John Ondrasik, Singer & Songwriter (Five for Fighting) and Mr.  Robert D. Broeksmit , CMB, President and Chief Executive Officer, Mortgage Bankers Association. We think it would be a very interesting discussion as the profil...

Introduction to Mortgage Banking

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Image courtesy: thebalance.com This article is part of Vaultedge Mortgage Industry Education series. This article addresses the basic concepts of mortgage banking. While some of the concepts discussed here are valid universally, for the most part, the article deals with mortgage banking as seen in the US. We will look at what a mortgage is, who are the different players in mortgage industry and how they operate to complete the mortgage banking cycle.  What is a Mortgage? Mortgage (also called a Home Loan, outside the US) is a security interest in a real estate property; it is given by a homeowner to a mortgage lender in exchange for money to purchase a home. To further explain it, mortgage refers to the agreement between a financial institution and the debtor in which the institution lends money in exchange for a collateral which is the property being purchased, with the arrangement that once the payment of the debt is complete, the ownership of the collateral is ...
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HOW INTELLIGENT AUTOMATION CAN SIMPLIFY MORTGAGE ORIGINATION, BOARDING, AND SERVICING  WHITE PAPER www.vaultedge.com