An Opportunity for Leadership
A 480% increase. That’s a pretty substantial amount of growth. Such a number would make the most dour owner or CEO happy—that is, if it were referring to revenue or profit growth. But when we reference 480% growth here, we’re referring to the explosive increase in wire fraud attacks on title companies. The story was reported on the ALTA.com website (membership required to read), referring to “the number of wire fraud scams reported by title companies to the Internet Crime
Banish Inefficiencies, Stay Compliant: Change the Way you Choose your Service Providers
One result of increased costs and active regulation and enforcement in recent years is a mortgage lending community that is much more hyper-focused on the production and operations side of things. Where some lenders may once have been content to handoff the title, settlement and closing functions with little thought to much more than the closing date, lenders today realize that they need to oversee the actions of their partners more closely. For larger or national lenders es
Is it Really All Coming Together for the Mortgage Industry?
It’s no secret that the mortgage/housing/real estate** industry is comprised of a lot of different parts. A lot. By the time your typical residential mortgage process has come to a closing (and this is not to even speak of post-closing and secondary market stuff), chances are that the transaction has been touched by a real estate professional or two; a loan officer; perhaps a mortgage broker; not one but two underwriters (title and mortgage); probably a home inspector; an a
Who Writes a Blog About Leadership? We do. Here’s why.
It’s possible for a business or an entire industry to have purpose without leadership. But is it possible to succeed when its leadership lacks purpose? We at Commonwealth USA will be asking that question here again and again. You see, we believe that the mortgage and real estate industry has come to a point in its history where change and transformation are the norm. How one views change probably skews the way he or she views the mortgage industry right now. For some, the