Sadie Gurley, Head, Diligence Services at Mphasis Digital Risk and 2018 HousingWire Women of Influence winner was featured in HousingWire’s article titled “Moving too quickly on tech adoption could be a mistake.” Sadie provided an overview of technology in the mortgage market and Mphasis Digital Risk’s expertise and commitment to diversity in leadership.Read more
Mphasis Digital Risk is introduced by Ellie Mae as the early-bird adopters of the Ellie Mae Integrated Partner Program.Read more
Jeff Taylor, Co-Founder & Managing Director at Mphasis Digital Risk, joins as the 2019-2020 Chairman of the Mortgage Action Alliance (MAA).Read more
Jeff Taylor, appeared on Fox Business Network with host Neil Cavuto, discussing the impact of housing on a strong current economy and real-estate lending in Miami.
Will 2019 Be The Year of the Millennial Homebuyer?
Leo Loomie, SVP, Client Development at Mphasis Digital Risk, was quoted in US News and World Report in the article titled “Will 2019 Be the Year of the Millennial Homebuyer?”, talking about the market’s positivity for first-time buyers, particularly those who can take advantage of the new UltraFICO credit scoring.
Jeff Taylor, Co-Founder & Managing Director at Mphasis Digital Risk, was recently quoted in the December issue of the MReport Magazine.
Jeff Taylor appeared on Fox Business Network with host Cheryl Casone, discussing the pace of interest rate hikes in 2019 and its impact on the housing and auto industries.
Jeff Taylor, Co-Founder & Managing Director at Digital Risk, an Mphasis Company, was recently quoted in US News and World Report in the article titled “What Will Cost More – and Less – in 2019” talking about the cost projections for 2019.
Co-Founder and MBA board member is among mortgage finance experts recognized for outstanding leadership
MAITLAND, F.L., December 11, 2018
Mphasis Digital Risk LLC, a leading end-to-end origination, risk, compliance, and technology services company providing solutions to the mortgage, consumer lending, and other regulated industries, today congratulated Co-Founder and Managing Director Jeffrey Taylor on receiving a HousingWire 2018 Vanguard Award recently.
Leo Loomie, SVP, Client Development at Mphasis Digital Risk, was quoted in CNN Business in the article titled “The US economy is strong. Three signs it won’t last” talking about the nation’s financial stability and the debate to determine between a recovery or another downturn for the economy.
The US corporate debt has risen to unprecedented levels with homebuyers taking more debt relative to their income. “If you look at requirements they have from an assets perspective, back in the day, in 2006 and 2007, you could write it on a napkin and get a mortgage loan,” says Leo Loomie “You cannot do that anymore. There’s a ton of data control that wasn’t in place 10, 12 years ago.”
Housing isn’t the only reason consumers are taking on debt. Total credit, including student and auto loans, has risen far above its pre-recession peak, according to the Federal Reserve Bank of New York.
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