Happy 2024! Another year has passed, and those of us in the REO Asset Management industry seem to be facing another year waiting for the proverbial “flood gate” to open and inventory to begin following. Our sector has always been subject to various ebbs and flows. As we navigate dynamic economic landscapes and evolving market […]
Are you an Appraiser considering Desktop Appraisals? Wouldn’t it be great if Fannie Mae put out a factsheet to ensure you complete your Desktop Appraisals correctly? Well, guess what? They released that very thing yesterday! The Fannie Mae website states the following: “Beginning in March 2022, desktop appraisals will be an option for some loan […]
On June 28, 2021, the Consumer Financial Protection Bureau (CFPB) issued its “2021 Mortgage Servicing COVID-19 Rule,” protecting borrowers against financial distress and guiding mortgage servicers facing large volumes of loss mitigation requests following the end of the federal foreclosure moratoria. The new rule goes into effect on August 31, 2021 (the day the moratoria […]
What is the word on the street about the state of the mortgage market and what are lenders and servicers doing to prepare? Below is a short compilation of commentary from the Federal Reserve Bank and the MBA: Federal Reserve Bank of New York: The Federal Reserve Bank of New York article, “What’s Next for […]
For some lenders and servicers who have delayed modernization, 2020 and 2021 have become the year(s) of technology advancement. Some may point exclusively to the pandemic as the reason behind all the new technology implementations and transformations, however, based on the feedback from Consolidated Analytics’ consulting and advisory clients, the story behind the uptick in […]
Back-office mortgage loan origination processes are known to be somewhat cumbersome, but some origination processes, like government-insuring, require an even higher level of detail, accuracy, and timeliness. I spoke with Tara Cormier, Division President, Mortgage Fulfillment at Consolidated Analytics to better understand the particulars related to government insuring and why fulfillment for this aspect of […]
We had a wonderful career fair for industry professionals interested in Consulting for Consolidated Analtyics mortgage, banking, credit union, lender, and servicer clients. We had over 180 registrations to the career fair and what stood out the most was the caliber of the talent that attended the event and the fantastic questions we received. As […]
~ Career Fair Provides Insight on Consultant Qualifications, Requirements, Roles & Projects ~ Anaheim, CA. May 4, 2021- Consolidated Analytics, an end-to-end provider of mortgage solutions, and a fast-growing mortgage industry consulting firm, today announced that it will be hosting a career fair for mortgage experts and specialists seeking opportunities to utilize their skills as […]
One day you are marinating in the Texas humidity, enjoying the sunshine on the back porch, and cranking up the AC in your home. The next day, your fingertips are tinted blue, you can ice skate down your driveway, and you are scouring the attic for warm clothes. This scenario is what many Texans went […]
Proactively preparing your property for disaster is one thing (and we’ve covered those recommendations in the blog: When Mother Nature Gets Mad), however, let’s not forget tenant safety. In fact, let’s prioritize tenant safety. I promise it is worth your time. Working on behalf of investors and rental property owners, Consolidated Analytics sees the big picture […]
