May report: loan turnaround times and the need for speed

As we approach the turning point of the seasons between spring and summer, this issue of MReport take a look to another type of turn. Industry strives to meet unprecedented demand from up and coming home buyers out of the massive refi surge of the last year, how does the industry manage to keep up with the workload and reduce loan turnaround times? In our cover story, we speak with representatives of Planet real estate loan, Blue sage, SLK Global Solutions, and STRATMOR Group on how the industry strives to shorten turnaround times while maintaining a commitment to quality.

In our next article, “Cut Costs With Confidence,” Terrell C. Cassada, the Chief Product Architecture and Innovation Officer at LoanLogics, explains how confidence scores can help improve quality and reduce costs.

Next, Susan Sullivan, vice president of human resources for Genworth Mortgage Insurance, brings us “Recruiting Gen Z.” Her article helps us get to know a critical cohort that will increasingly serve as the backbone of mortgage recruitment for years to come.

Finally, Thomas Showalter, founder and CEO of Candor, discusses the looming underwriting shortage in the industry and how it may collide with ending foreclosure moratoria to cause real headwinds for the indwetry. To learn more, read our article titled “Dealing with the Looming Capacity Crisis in the Mortgage Industry”.

All of this and more can be found here, in the May 2021 edition of MReport.

About Christopher Easley

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