CRA Sourcing, Correspondent, Internal Audit, AI Content Tools; Pulte, Credit Scores, and Social Media

Many years ago, it seemed like people bragged about how late they stayed up at conferences. Now they brag about how early they went sleep. Today I head to San Antonio, in the Great State of Texas, for a private mortgage event. We’ve plunged into the mortgage conference season, and there are dozens of them in the next month or two. I hope that some people are staying at their desks to work! The talk in the conference hallways? Consumer Direct channels, not sensing a higher volume environment, appear (through my email traffic and signing up for this Commentary via home email addresses) to be scaling back, personnel-wise. There is a heightened focus by originators on where the servicing is going. Interest rates certainly aren’t helping anyone, and the continued war with Iran and its impact on oil prices continues to impact inflation numbers and therefore rates. So, lenders are focused on products and service… and technology of course. (Today’s podcast can be found here. This week’s ‘casts are sponsored by NFTYDoor, the fully branded or private label HELOC platform for banks, credit unions, and brokers. Close in zero days with warehouse funding. Power your home equity lending with NFTYDoor. Today’s has an interview with PCV Murcor's David Schiffmayer on the significance of UAD 3.6, who needs to prepare, where organizations should invest, its impact on appraisal efficiency and complexity, and the key misconceptions.) Broker and Lender Products, Software, and Services