Featured Articles

Featured Industry Leader: Bill Bower, President, National Consumer Reporting Association (NCRA)
Bill Bower is chief executive officer and chief business development office at Lancaster, Calif.-based Contemporary Information Corp. (CIC) and president of the National Consumer Reporting Association (NCRA). National Mortgage Professional... Read more
The wholesale mortgage industry is aggressively making a move to take big banks head on and reclaim its market share that was lost following the 2008 financial crisis
KickStarting the Mortgage Broker Channel
The wholesale mortgage industry is aggressively making a move to take big banks head on and reclaim its market share that was lost following the 2008 financial crisis. And this time, it’s more than chatter—industry leaders are walking the... Read more
Sen. Mike Crapo (R-ID) has been named the new chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs Committee
MBA's Mortgage Action Alliance: A Message From MAA Chairman Fowler Williams
The Mortgage Action Alliance (MAA) is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association (MBA). As the House and Senate... Read more
Resources to be a Better Loan Officer or Mortgage Broker
Prior to the Dodd-Frank regulatory changes in the retail/wholesale conventional residential lending industry, many mortgage loan officers and mortgage brokers had an arsenal of “go to” money sources for nearly every type of borrower client... Read more
The Mortgage Godfather: It’s a Blizzard!!!
Whenever it snows, my mind forces me to remember my father. He had always said, and repeated it over and over, "If it's going to snow, I want it to be so much that nothing moves, no-one can go anywhere." Sometimes, he got his wish. When... Read more
How to Win More Business as an AE
Today, the wholesale/correspondent account executive faces as much competition as they ever have. In fact, with fewer lending programs available to bring to the marketplace, standing out from the crowd as an AE is harder than ever before.... Read more
We are a lender that must occasionally force-place flood insurance
Force-Placed Flood Insurance
Question: We are a lender that must occasionally force-place flood insurance. Could you please let us know what the timeline is for notification to the borrower? Also, how do we charge for retroactivity? And what is the required... Read more
Howard M. Dyal is president and principal broker at Jacksonville, Fla.-based Prodigy Home Loans and president of the Jacksonville Chapter of the Florida Association of Mortgage Professionals (FAMP)
Featured Industry Leader: Howard M. Dyal, President, Jacksonville Chapter of the Florida Association of Mortgage Professionals
Howard M. Dyal is president and principal broker at Jacksonville, Fla.-based Prodigy Home Loans and president of the Jacksonville Chapter of the Florida Association of Mortgage Professionals (FAMP). National Mortgage Professional Magazine... Read more
Recruiting, Training and Mentoring Corner: The Wholesale Opportunity
Sometime in the not-so-distant future, in a galaxy far, far away, there will come an end to the refinance boom. In this strange world, loan officers will not leave the industry to find greener pastures at the end of the boom. They will be... Read more
OrigiNation: Appraisal Woes: (Part II)
Last month, I spoke about the growing issue that is a major concern with appraisal delays and barriers to entry impacting most home purchase and refinance transactions today. Over the last few months, I have seen this trend grow in my... Read more