Credit and Verification, Warehouse, AI Processing Tools; Basel III Update; Rates Higher for Longer?

Wanna know the new buzz acronym? Residential Transition Loans (RTL): financing for properties in transition, including fix-and-flip, bridge, and rehab deals. Catch the wave… people always need to borrow money! Now, if only income guidelines by the Agencies matched how incomes have changed. Change is constant: “Rob, if you think inflation is bad, home insurance price increases in many parts of the nation are worse. When is the government going to address that?” I don’t know the answer to that: the government certainly is involved in lending, but not much so with insurance companies. Interestingly, insurance companies’ use of data analytics is way above that of the mortgage industry’s, although servicers and others are certainly catching up on risk-based pricing. (Today’s podcast can be found here and this week’s ‘casts are sponsored by TransUnion. Discover how data-driven mortgage intelligence is helping lenders identify in-market borrowers, strengthen portfolio performance, personalize outreach, retain customers, and drive smarter growth in an increasingly competitive housing market. Today’s has an interview with Insellerate’s Josh Friend on increasing loan officer and sales manager efficiency.) Lender and Broker Products, Software, and Services “Why are you paying onboarding fees to stay in a servicing relationship you don't love? Don't let onboarding and de-boarding fees keep you in a bad servicing relationship. At MSF Servicing, we believe partnerships should start with alignment, not invoices. That's why our onboarding fees are structured to the specific engagement. For initial transfers, we partner with you and help negotiate the de-boarding fees. We invest in the relationship first because we're confident about what we deliver next. Of course, we do so much more than collect payments. Our platform also supports full loan origination capabilities (FHA, VA, USDA, and conventional) paired with a disciplined retention strategy designed to maximize lifetime borrower value while reducing runoff, managing outcomes, anticipating risks, controlling narratives, and optimizing performance at every stage. Finally, our private-label and co-branding options allow your brand to stay front-and-center while our systems run seamlessly in the background. For more information, contact Rick Smith or call 860-989-9006.