The Mortgage Professional's Handbook: Succeeding in the New World of Mortgage Finance: Operations Technology Servicing and Compliance

About this book

UPDATED REVISED AND EXPANDED "The Mortgage Professionals Handbook is an extraordinary resource; anyone serious about understanding this industry especially in the wake of the changes in recent years needs to have all three volumes on their bookshelf." Christine E. Rawan Chief Operating Officer Drew Mortgage Associates Inc. The Mortgage Professionals Handbook is a three-volume set comprising 52 chapters written by some of the most successful leaders in the mortgage industry. Volume I: Industry Overviews and Loan Production Volume II: Operations Technology Servicing and Compliance Volume III: Secondary Marketing and Financial Management Volume II: Operations Technology Servicing and Compliance covers those four topics in extraordinary detail. The first seven chapters explore how companies can rethink traditional operational practices to meet the radically new demands of the new environment. Reengineering workflow underwriting quality control fraud and the emergence of mortgage cooperatives are all considered. The next three chapters provide an in-depth look at how technology will continue to transform mortgage finance. Two comprehensive chapters on compliance and three on loan servicing working with subservicers and the new world of special servicing for troubled loans conclude this volume. "The dream of owning a home will always be part of the fabric of our country and mortgages are the vehicle to fulfill that dream. These books are essential for the mortgage lenders and community bankers of today and tomorrow and will provide the keys to fulfilling the dream of future home-ownership in our country." Simone Lagomarsino CEO Heritage Oaks Bank