Transforming Your Mortgage Company to Thrive in the Face of Change For years we’ve been talking about how the world is changing – our customers, how they do business, where they do business and what they expect when they do business. Change is nothing new for most mortgage companies. Many lenders adapt to change and…

Over the years, I’ve noticed that small lenders tend to grow their compliance function from within by staffing it with processors, underwriters, closers or other operations professionals with no compliance experience to speak of. While those individuals may have a mastery of their roles, they’re usually unprepared when it comes to understanding the interplay of…

John Vong, CMB, CMT, is president and co-founder of ComplianceEase, Burlingame, Calif., and a frequent contributor to MBA NewsLink. He can be reached at j.vong@complianceease.com. MBA NEWSLINK: Last fall, state and federal regulators took the unusual step of publicly calling on the real estate finance industry to integrate state-developed data standard with mortgage loan origination…