Fed Rate Hike: Jeffrey Taylor on When and How Much It Will Cost You

Fed Rate Hike: Jeffrey Taylor on When and How Much It Will Cost You

NerdWallet – Fed Rate Hike

In a NerdWallet article regarding anticipations surrounding the Federal Reserve rate hike, Jeffrey Taylor was quoted on how the fed rate hike would affect the mortgage industry.

Most experts predict the Fed will raise interest rates by a quarter point. While a majority of those working on Wall Street expect a rate hike to occur later than sooner, at the FOMC December meeting rather than the upcoming September meeting, many industry leaders are already forecasting the rate hike’s effect on consumers.
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Leo Loomie on How a Rate Hike Would Affect Mortgage

Leo Loomie on How a Rate Hike Would Affect Mortgage

The MReport

In this MReport article, Digital Risk’s Leo Loomie, VP, Client Services was quoted on how the purchase and refinance markets would be impacted by a potential interest rate hike.

The article, “How Would a Fed Rate Hike Affect the Mortgage Industry?” describes how expectations for a rate hike in September are dwindling due to a disappointing August 2016 Employment Situation report by the Bureau of Labor Statistics. Analysts are now predicting December will be the month that the Federal Reserve finally increases interest rates.

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Jeffrey Taylor on HARP Program Extension

Jeffrey Taylor on HARP Program Extension

Scotsman Guide

Digital Risk’s Jeff Taylor was quoted in the Scotsman Magazine article, “HARP extended through September 2017,” regarding the benefits of extending the program.

As announced by the Federal Housing Finance Agency (FHFA), the Home Affordable Refinance Program (HARP) will be extended to September 2017, which is when Fannie Mae and Freddie Mac will roll out a new refinancing program.

Although just 18,000 borrowers refinanced their mortgage through HARP (Home Affordable Refinance Program) in the second quarter of 2016, which is down from 319,000 borrowers in the second quarter of 2012, Jeff asserts that the program is still relevant.
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Don’t Step on a Landmine! Kim Lanham Advises on Mortgage Industry Marketing

Don’t Step on a Landmine! Kimberly Lanham Advises on Mortgage Industry Marketing

Mortgage Banking Magazine

Digital Risk’s Kimberly Lanham, SVP, Marketing & Client Relations, shares how lenders can use social media and digital advertising to their advantage while staying in the confines of regulation. Her article “The Land Mines of Social Media Marketing,” which was published in the August issue of Mortgage Banking Magazine, explains what every lender should know about using social media to market mortgages to consumers. With new entrants in the mortgage finance marketplace, competition from a plethora of consumer-targeted advertising and marketing messages, and increasing regulatory oversight of lenders’ marketing activities, creating the right strategy that will distinguish companies’ brands while maintaining compliance is an immediate priority.
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Rose Bogan advises how NOT to lose in the game of compliance

Rose Bogan advises how NOT to lose in the game of compliance

Digital Risk’s Rose Bogan, SVP of Governance, Risk & Compliance, shared key insights on how to stay out of regulatory crosshairs and ensure survival through the dangerous game of compliance. Her article, “How NOT to lose in the game of compliance,” was published in the July issue of Mortgage Banking Magazine.

Throughout the piece, Rose explains how technology and automation can enhance financial intuitions’ three lines of defense, line of business, compliance and internal audit. She also shares best practices that various companies are adopting, such as configurable planning, automated monitoring and testing, and real-time reporting and analytics.
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Digital Risk’s & MBA’s Women in Real Estate Finance Networking Luncheon featured in HousingWire

Digital Risk’s & MBA’s Women in Real Estate Finance Networking Luncheon featured in HousingWire

Digital Risk is fortunate to be led by several strong female executives. In May of 2016, several company leaders partnered with the Mortgage Bankers Association (MBA) to host the Women in Real Estate Finance Networking Luncheon at MBA’s National Secondary Market Conference & Expo. Three months later, Chief Legal Officer Debbie Hoffman and VP, Origination & Secondary Traci Cox were named to HousingWire Magazine’s 2016 Women of Influence. Bringing both accomplishments full circle, HousingWire shared a blog post about both the Networking Luncheon and the Women of Influence honorees!
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DebbieTracieHW2016WOI3

Two Digital Risk Leaders Make HousingWire’s 2016 Women of Influence!

Digital Risk’s Chief Legal Officer Debbie Hoffman and VP, Origination and Secondary Traci Cox have been named to HousingWire’s 2016 Women of Influence!

This is the sixth year that HousingWire has recognized the women leading our industry forward. This year’s list includes 43 winners who represent a range of occupations within the housing economy and who demonstrate leadership that inspires those in their own companies, in their communities, and in the industry at large.

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Housing Industry Forum

MBA’s & Digital Risk’s “Women in Real Estate Finance Networking Luncheon” featured in Housing Industry Forum

Fannie Mae’s Housing Industry Forum

Mortgage Bankers Association (MBA) and Digital Risk are making waves in the industry with their commitment to advancing female leadership within mortgage banking. Just last week, Fannie Mae Housing Industry Forum magazine covered MBA’s and Digital Risk’s co-sponsored event, “Women in Real Estate Finance Networking Luncheon,” which was held at the MBA National Secondary Market Conference & Expo in May of 2016 in New York City.

 

In the article, the author covers the event, which was held at the conference and featured guests Marcia Davies, Chief Operating Officer at MBA, and Kim Azzarelli, chair and co-founder of the Cornell Law School’s Avon Global Center for Women and Justice and partner with Seneca Point Global, and co-author of Fast Forward: How Women Can Achieve Power and Purpose. Digital Risk’s SVP, Marketing & Client Services Kim Lanham moderated a panel discussion with the guest speakers.

 

This is the second event that was spurred by MBA’s and Digital Risk’s commitment, which was instituted following the women’s networking lunch at MBA Annual Convention & Expo held in October of 2015. Prior to this event, MBA hosted an open event for attendees of MBA’s Commercial Real Estate Finance/Multifamily Housing Convention & Expo in early February 2016. Digital Risk and MBA will continue this initiative via Digital Risk’s second annual “Break the Glass” Executive Women’s Summit, which will be held in September of 2016 in Sonoma, California. Stay tuned for stories from the event!

 

For now, check out Fannie Mae Housing Industry Forum’s article on the Women in Real Estate Finance Networking Luncheon here.

Digital Risk’s Debbie Hoffman on How to Become an Attorney GC’s Fear

Digital Risk’s Debbie Hoffman on How to Become an Attorney GC’s Fear

Law360.com

Debbie Hoffman, Digital Risk Chief Legal Officer, was quoted in the Law360 article, “How to Become an Attorney GC’s Fear,” regarding the several specialty areas and courtroom strategies young attorneys should adopt in order to be a formidable attorney.

Advice given from Debbie and other attorneys include constructing arguments or complaints in a “mechanical” and thorough detail, developing subject matter expertise in technology or other complex areas, maintaining composure in the courtroom, and more.

Debbie’s piece of advice has to do with maintaining composure and a sense of collectiveness in and out of the courtroom.
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Digital Risk’s Debbie Hoffman published in CIO Magazine

Digital Risk’s Debbie Hoffman published in CIO Magazine

CIO Magazine

Debbie Hoffman, Digital Risk’s Chief Legal Officer, has had her article, “The Human Element: Utilizing Technology to Allow for Regulatory Compliance,” published in the June issue of Chief Information Officer (CIO) Magazine. This article explains how both consumers and businesses have become reliant and accustomed to leveraging technology in their daily affairs, which means adoption of digital solutions is a necessity, not a choice, for the mortgage industry.
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