Digital Risk’s Homeowner Survey was recently quoted on the Wall Street Journal’s Jumbo Jumble column in the article titled “Mortgage Closings Just Took a Big Step Into the Digital Age” talking about fully remote and paperless closing and how a Chicago couple closed a home loan from a Michigan lender using a Virginia notary public, all from a laptop!
Mary Cassell, VP, Originations and Sheila Latiff, Senior Director, Risk & Compliance at Digital Risk, LLC have been named on MPA’s Elite Women Awards for 2017
Every year Mortgage Professional America recognizes the top women in Mortgage Industry breaking new grounds, creating new records and basically doing overwhelming work.
This year MPA recognized 75 women who have overcome obstacles and broken barriers to become some of the industry’s top professionals. They include record-breakers, innovators, mentors and trendsetters who inspire the success of their peers every day and are using their collective influence to change the face of America’s mortgage industry. Read more
Jeffrey Taylor appeared on Fox Business Network with host Lauren Simonetti, weighing in on tax reform, earnings, and Washington gridlock.
Laura Williamson, SVP Client Services at Digital Risk was recently quoted in Scotsman Guide in the article entitled “Vendors: There’s still time to prepare for HMDA”, regarding the preparation financial institutions will need to go through to begin collecting much more detailed data about loans and borrowers under the Home Mortgage Disclosure Act (HMDA).
Debbie Hoffman, Chief Legal Officer at Digital Risk was recently published in HousingWire Magazine for her article titled “From bitcoin to blockchain: How the new ledger tech can morph the mortgage industry” co-authored with Matt Oguz.
Blockchain has morphed into an incredible technology tool that can be utilized across industries in a variety of capacities, including in mortgage lending.
Drew Vandermay, AVP, Valuation Services at Digital Risk, LLC has been named a winner of Housing Wire’s Rising Star Award for 2017
Each year, the HousingWire editorial staff selects top professionals representing a variety of occupations within the housing industry, but all of them demonstrate leadership and innovation that not only inspires those within their own companies, but also in their communities and in the industry at large.
According to the magazine, some of HW’s 2017 Rising Stars have worked their way up in traditional mortgage companies, while others started their own businesses. They have made their mark in marketing, fintech, economics, compliance, operations management, business development and asset management.
Jeffrey Taylor appeared on FBN:AM with hosts Lauren Simonetti and Cheryl Casone recapping the record breaking stock market and the impending jobs reports. Read more
Leo Loomie, SVP Business Development at Digital Risk LLC, Florida was recently published on Credit.com in the article titled “Mortgages Are Bad for the Environment. Here’s What Can You Do About It” regarding the impact of technology on the environmental impact of the mortgage process.
Mortgage industry is definitely paper intensive but exactly how much paperwork Americans buying homes consume annually may come as a surprise. FreeandClear, a mortgage education website, says about 2.2 billion sheets of paper are used each year in this country for mortgages. That translates into 264,000 trees felled to print mortgage documentation.
Digital Risk was recently quoted in TheStreet.com for its recent survey on HELOC. The article titled You Have No Idea How to Use a Home Equity Line of Credit highlights interesting statistics from the survey.
US consumers have no problem piling up debt, but they’re petrified of a home equity line of credit mostly because of lack of awareness. One in five are unfamiliar with HELOCs altogether, while 30% do not know how to apply for one!
Jay Hinton, Senior Director in Corporate Quality and Compliance at Digital Risk, recently got published in BAI.org in his article titled “As interest rates rise and fall, behold the constant of quality control” discussing the impact of fluctuating interest rates on quality control.
While designing a quality control group, consistency is something which is looked at to ensure that the mortgage applications meet forecasted expectations, defects identified and coached to the disappearance of issues and zero percent attrition.