AUTOMATE MORTGAGE BROKER COMPENSATION
|
|
- Randolph Anderson
- 6 years ago
- Views:
Transcription
1 HOW SALES COMMISSION SOFTWARE HELPS AUTOMATE MORTGAGE BROKER COMPENSATION Automate Mortgage Broker Compensation 01
2 Contents Introduction Incentive Software Eliminates Spreadsheet Complexity Enhance Collaboration Maximize Engagement Conclusion Automate Mortgage Broker Compensation 01
3 Introduction In today s fast-paced and highly competitive real estate landscape, mortgage brokerages face considerable challenges when it comes to compensation management. Because brokerages deal with a variety of lenders on a range of different terms, it s crucial to profitability to be able to efficiently manage the differences imposed by each lender so as to not incur extra costs. As profitability for a typical mortgage broker is primarily based on volume, the ability to quickly adapt to differences in commission terms based on several criteria may be vital to maximizing profitability on each loan. Brokerages that spend significant time adjusting for each set of different criteria to accurately calculate commissions are limiting both profitability and the scalability of their operation. The housing crisis of 2008 may have significantly reduced real estate lending activity for a period of time, but the shake out of the mortgage lending business and low interest rates have led a resurgence. As such, mortgage brokers are seeing more activity in both the refinance and the new housing market. Business is again growing significantly both organically and through acquisitions, resulting in more brokers, staff, commissions and bonuses to deal with. An approach such as spreadsheet-based systems and one off manual equations to calculate compensation is not sustainable much less scalable. In addition, research shows that 90 percent of spreadsheets contain significant errors (Leung) and what business can support continual inaccuracies? An automated sales compensation management system is thus vital for growing mortgage brokerages to accurately, efficiently and successfully scale their business. Automate Mortgage Broker Compensation 02
4 Incentive Software Eliminates Spreadsheet Complexity Loan officer compensation generally has some or all of the following components: The typical mortgage brokerage employs up to 20 agents in a local office. The largest expense, by far, for brokerages is commissions. Commissions get paid when a loan officer matches a consumer with a lender, and a mortgage is originated. This is where processes can start to become very complex in order to calculate and pay commissions accurately and on time. On top of this, a brokerage may sell 10 to over 200 different lenders products and each lender may have different rate schedules, cost structures, fees, language and terms and commission reports. Origination fee (typically a % of the total loan). The premium spread (if strike rate is higher than the product s interest rate). Additional percentage points negotiated by the loan officer. Any additional fees (ranging from credit report fees, to doc fees etc.). There may also be deductions that must be taken into account such as where referral fees are paid, or perhaps the brokerage absorbs the appraisal fee to sweeten and close the loan. In addition to all of these components, some firms also have variable commission percentages based on factors like brokerseniority, referrals, preferred lenders, different loan programs, etc. These factors may result in unique plans for each loan officer and further, the plans may change a little or a lot from pay period to pay period. Automate Mortgage Broker Compensation 03
5 Incentive Software Eliminates Spreadsheet Complexity There may also be deductions that must be taken into account such as where referral fees are paid, or perhaps the brokerage absorbs the appraisal fee to sweeten and close the loan. In addition to all of these components, some firms also have variable commission percentages based on factors like broker-seniority, referrals, preferred lenders, different loan programs, etc. These factors may result in unique plans for each loan officer and further, the plans may change a little or a lot from pay period to pay period. Imagine being in charge of keeping track of this for about 20 people, who are incentivized to match as many loans as they can. Now imagine growing from 20 to 200 loan officer by acquiring new offices (all of which have different plans and processes). This becomes a data-nightmare and not at all scalable when calculated in spreadsheets. The pressure to deliver timely and accurate payouts increases the risk for manual error (and that risk increases with the complexity of the spreadsheet and processes). With strict regulation standards that must be adhered to, there is little room for error if brokerages want to avoid fines and lawsuits. Automate Mortgage Broker Compensation 04
6 Incentive Software Eliminates Spreadsheet Complexity An automated compensation management system simplifies this process by providing integration of several data feeds, easy-touse tools for non-programmers to build customized compensation plans for each loan officer, and automated commission calculations that remove error from the equation. When administrators want to make changes using an automated system, it takes only seconds to jump-start the change approval process (and all changes are logged and auditable, unlike when using spreadsheets). This kind of flexibility is essential to any successful business that is growing. Automate Mortgage Broker Compensation 05
7 Enhance Collaboration Compensation administrators at mortgage brokerages are tasked with managing workflow between many segments of the business. There may be multiple departments associated with compensation management. It is the compensation manager s job to make sure everyone receives important information and updates and also to make sure every necessary task has been completed. The integrated internal workflow system that compensation management software provides, helps managers ensure efficient and effective business-wide communication. Compensation management software makes communication and collaboration easy. Administrators can use a single platform to make sure everyone has been informed of important information. Integrated internal workflow allows managers to send notifications, send out approval s to specific groups using custom approval hierarchies and integrate their information with auditing services to simplify compliance. Regulation has never been stricter, and Automate Mortgage Broker Compensation 06
8 Maximize Engagement The success of a brokerage largely depends on the motivation and work ethic of its loan officers. brokerages with manual compensation processes are exposed to severe consequences. If you run a mortgage brokerage and do not give your loan officers visibility into their compensation plans, how can you expect them to effectively prioritize and set goals? When you hand them their paychecks with no explanation as to why they were paid a certain way, chances are they will have some questions. The amount of different terms and volume of lenders that brokerages are dealing with requires a high level of robustness is the way this data in managed and communicated. If your process is consistently producing errors, then you ll likely be faced with a disengaged loan officer team, and in extreme cases of payment errors there can be legal consequences. Compensation management software enables each employee to access every detail of his or her own payment structure. Loan officers can access reports explaining the payments they received, and they can even use forecasting tools to test what they d earn based on hypothetical performance. This software allows them to understand precisely what they need to accomplish so they can set goals and remain motivated. Brokers can even use the software to set goals for loan officers, who can then track their performance as they work to reach those goals. Automate Mortgage Broker Compensation 07
9 Conclusion The housing market is quickly regaining strength. After already experiencing significant recent growth, The Mortgage Bankers Association predicted mortgage purchase originations will grow 10 percent in 2015, meaning there will be $905 billion in originations (MBA). With all of this growth in the real estate industry, mortgage brokerages need to be prepared to efficiently and effectively manage compensation. Brokerages must be able to adapt to rapidly changing conditions while simultaneously increasing accuracy, boosting loan officer motivation and maintaining compliance. Compensation management software is the best way for brokerages to succeed. Automate Mortgage Broker Compensation 08
10 Sources REFERENCES Are mortgage brokers a dying breed? (n.d.). Retrieved March 31, 2016, from Leung, S. (2014, September/October). Sorry, Your Spreadsheet Has Errors (Almost 90% Do). Retrieved March 31, 2016, from MBA Significantly Increases Lending Forecast, Originations to Top $800 Billion. (n.d.). Retrieved March 31, 2016, from united-states/mortgage-bankers-association-revised-mortgage-lending-forecast-for mba-july-economic-and-mortgage-finance-commentary-mike-fratantoni-lynn-fisher-joel-kan-l lending-forecast php Total Rewards and Sales Compensation Effectiveness. (n.d.). Retrieved March 31, 2016, from Automate Mortgage Broker Compensation 09
Mind the Retail Mortgage Gap. To Close More Loans, First Close the Gap
Mind the Retail Mortgage Gap To Close More Loans, First Close the Gap Mind the Retail Mortgage Gap Table of Contents Executive Summary Shifting Lending Landscape............. 2 An Industry Riddled with
More informationGet Connected. Use one mortgage network to connect with settlement partners to streamline closing. Closing is critical. Fraud is on the rise
WHITE PAPER Get Connected Use one mortgage network to connect with settlement partners to streamline closing. Closing is critical For lenders, a mortgage closing is a critical business process. Most lenders
More informationLending TRAINING AND EVENTS. aba.com/lendingtraining
Lending TRAINING AND EVENTS aba.com/lendingtraining Enhance your lending expertise. Adapt to a dynamic economic landscape through sound lending practices, underwriting considerations and regulatory risk
More informationFinance 197. Simple One-time Interest
Finance 197 Finance We have to work with money every day. While balancing your checkbook or calculating your monthly expenditures on espresso requires only arithmetic, when we start saving, planning for
More informationTOOL SUITE FIDUCIARY MONITORING SYSTEM AND INVESTMENT DUE DILIGENCE. Plan Sponsor Challenge: Retirement Partners
FIDUCIARY MONITORING SYSTEM AND INVESTMENT DUE DILIGENCE Managing Investment Responsibilities Properly Meeting the obligations of a retirement plan fiduciary may be daunting. You must be sure the funds
More informationINTERNATIONAL TAX SOLUTIONS OVERVIEW
THOMSON REUTERS ONESOURCE INTERNATIONAL TAX S OVERVIEW PILLARS OF INTERNATIONAL TAX EFFECTIVENESS INTERNATIONAL TAX RESEARCH CHECKPOINT WORLD RESEARCH Checkpoint World Orbitax PROCESS WorkFlow Manager
More informationMANAGING YOUR BUSINESS S CASH FLOW. Managing Your Business s Cash Flow. David Oetken, MBA CPM
MANAGING YOUR BUSINESS S CASH FLOW Managing Your Business s Cash Flow David Oetken, MBA CPM 1 2 Being a successful entrepreneur takes a unique mix of skills and practices. You need to generate exciting
More informationStrong Economic Growth, Rate Hikes to Continue
MBA Forecast Commentary Mike Fratantoni, Joel Kan Strong Economic Growth, Rate Hikes to Continue MBA Economic and Mortgage Finance Commentary: June 15, 2018 Data have pointed to stronger than expected
More informationClimb to Profits WITH AN OPTIONS LADDER
Climb to Profits WITH AN OPTIONS LADDER We believe what matters most is the level of income your portfolio produces... Lattco uses many different factors and criteria to analyze, filter, and identify stocks
More informationA Fast Track to Structured Finance Modeling, Monitoring, and Valuation: Jump Start VBA By William Preinitz Copyright 2009 by William Preinitz
A Fast Track to Structured Finance Modeling, Monitoring, and Valuation: Jump Start VBA By William Preinitz Copyright 2009 by William Preinitz APPENDIX A Mortgage Math OVERVIEW I have included this section
More informationPartnership with a Purpose
Connect, Grow, Lead Partnership with a Purpose Retail Hot Prospect Campaign Brag About your Career Table of Contents 1 THE NEW PENN FINANCIAL STORY 2 LEADING BY EXAMPLE 3 SHELLPOINT FAMILY OF COMPANIES
More informationReduce cost and streamline lending processes through pre-closing automation
Reduce cost and streamline lending processes through pre-closing automation find problems early validate data boost accuracy save money Catching potential compliance violations before you fund a loan saves
More informationBEST PRACTICES FOR THIRD PARTY ORIGINATOR ANNUAL RENEWALS
CONTENTS Executive Overview 3 Annual Renewals 3 Best Practices 5 Realm : An integrated approach 7 Summary 8 PAGE 2 EXECUTIVE OVERVIEW Just a few short years ago wholesale lending and the mortgage broker
More informationthe cost of capital recharge workshop Key Financial Concepts (I) - Understanding what return you should be making on your money Alan Hargreaves
the cost of capital Key Financial Concepts (I) - Understanding what return you should be making on your money Alan Hargreaves In brief You don t have to be a genius to apply basic financial yardsticks
More informationBROKER/DEALER SCORECARD YOUR GUIDE TO CHOOSING THE FIRM THAT S RIGHT FOR YOU FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH THE PUBLIC.
BROKER/DEALER SCORECARD YOUR GUIDE TO CHOOSING THE FIRM THAT S RIGHT FOR YOU FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH THE PUBLIC. JOINLPL.COM eciding to affiliate with a different broker/dealer
More informationDataWise Limited. Introduction to Budgeting with DataWise Pro-active Report Writer. Copyright DataWise Limited 2009 Page 1
DataWise Limited Introduction to Budgeting with DataWise Pro-active Report Writer Copyright DataWise Limited 2009 Page 1 Introduction Business Decision making is probably the biggest challenge of business
More informationINSIGHT REPORT RECONCILIATION INDIVIDUAL CLIENT SEGREGATION IN PRACTICE MANAGING THE OPERATIONAL IMPACT OF EMIR
INSIGHT REPORT RECONCILIATION INDIVIDUAL CLIENT SEGREGATION IN PRACTICE MANAGING THE OPERATIONAL IMPACT OF EMIR Contents 1 A new era for derivatives operations 1 EMIR comes into effect 2 Client segregation
More informationTRADING ACADEMY MODULE-1 MECHANICS OF TRADING SECTION-8 STOP LOSSES. LEVEL- 1: CO M PLETE G UID E TO TRADING FO REX & CF Ds
TRADING ACADEMY LEVEL- 1: CO M PLETE G UID E TO TRADING FO REX & CF Ds MODULE-1 MECHANICS OF TRADING SECTION-8 STOP LOSSES TRADING ACADEMY LIMITED MODULE-1: SETUP PHASE / THE MECHANICS OF TRADING 2 CONTENTS
More informationTECHNOLOGY BLUEPRINT TO IMPROVE CORRESPONDENT LOAN ACQUISITION A LOANLOGICS WHITE PAPER
$ TECHNOLOGY BLUEPRINT TO IMPROVE CORRESPONDENT LOAN ACQUISITION STOP DRIVING A SQUARE PEG THROUGH A ROUND HOLE! Today s correspondent lenders and loan aggregators are challenged with the processes, tools
More informationAdvent Direct. Harnessing the power of technology for data management. Tackling the global challenges of fund regulations
October 2013 Advent Direct Harnessing the power of technology for data management Tackling the global challenges of fund regulations Integrated framework for data processing One-stop workflow solution
More informationHOW YOU CAN INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING
HOW YOU CAN INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING Legal Notice Copyright Notice. All rights reserved. No part of this publication may be reproduced or transmitted in any form
More informationStart Your Healthy Lifestyle Home Business
People Everywhere are Taking the Challenge Experience for yourself how rewarding healthy living can be. Start Your Healthy Lifestyle Home Business EPX Body is the ultimate home-based business for anyone
More informationHOW TO BE SUCCESSFUL IN BINARY OPTION TRADING
HOW TO BE SUCCESSFUL IN BINARY OPTION TRADING Author William Morris www.binaryminimumdeposit.com Contents: INTRODUCTION 1 BINARY OPTIONS TRADING TIPS 2 Understand the Binary Options Market and Trading
More informationIDAnalytics Comply360. Improving operational efficiencies and regulatory compliance in the customer onboarding process
Improving operational efficiencies and regulatory compliance in the customer onboarding process August, 2012 Introduction The regulatory landscape today It is no secret that financial organizations are
More informationWill Mortgage Tech Power 2018?
Will Mortgage Tech Power 2018? Mortgage Efficiency Survey 2017 www.iress.com September 2017 1 Will Mortgage Tech Power 2018? Mortgage Efficiency Survey 2017 Contents Findings at a glance 3 Buyer types
More informationfirstiperson A revolutionary program approach communications and education PLAN SPONSOR OVERVIEW FIDELITY S ADVISOR-DELIVERED 401(k)
PLAN SPONSOR OVERVIEW FIDELITY S ADVISOR-DELIVERED 401(k) firstiperson A revolutionary communications and education program approach THE VALUE OF AN ADVISOR. THE STRENGTH OF FIDELITY. FIDELITY DESIGNED
More informationWHEDA-Connect Administrators and Users Manual
WHEDA-Connect Administrators and Users Manual Page left blank intentionally. WHEDA 1.0 Overview: WHEDA-Connect 1 Last Revised Date: October 16, 2017 Table of Contents 1.0 Overview: WHEDA-Connect... 3 2.0
More informationFROM 12 TO 21: OUR WAY FORWARD
FROM 12 TO 21: OUR WAY FORWARD MESSAGE FROM THE BOARD Weldon Cowan, chair of the board of directors The board of directors shares the corporation s excitement about the next phase of the From 12 to 21
More informationTechnology: Key to Building an Effective Risk Appetite Framework
WHITEPAPER Author HICHEM KERMA Senior Engagement Advisor, Moody s Analytics Contact Us Americas +1.212.553.1653 Europe +44.20.7772.5454 Asia-Pacific +852.3551.3077 Japan +81.3.5408.4100 Technology: Key
More informationCharities. Empowering results with insurance and risk solutions for Charities. Risk. Reinsurance. Human Resources.
Aon Risk Solutions National Charities Charities Empowering results with insurance and risk solutions for Charities Risk. Reinsurance. Human Resources. Empowering results with insurance and risk solutions
More informationMicrosoft Forecaster. FRx Software Corporation - a Microsoft subsidiary
Microsoft Forecaster FRx Software Corporation - a Microsoft subsidiary Make your budget meaningful The very words budgeting and planning remind accounting professionals of long, exhausting hours spent
More informationMTPredictor Trade Module for NinjaTrader 7 Getting Started Guide
MTPredictor Trade Module for NinjaTrader 7 Getting Started Guide Introduction The MTPredictor Trade Module for NinjaTrader 7 is a new extension to the MTPredictor Add-on s for NinjaTrader 7 designed to
More informationSurviving the digital revolution. Using technology to create a more efficient, profitable, and engaged small business lending experience.
Surviving the digital revolution Using technology to create a more efficient, profitable, and engaged small business lending experience. Surviving the digital revolution WHITE PAPER 3 REMOVE FRICTION FROM
More informationthe intended future path of the company with investors, board members and management.
A series of key business processes in successful business performance management (BPM) systems is planning, budgeting and forecasting. This area is well understood by people working in the Finance department,
More informationWays To Reduce Risk In Construction Loans
Ways To Reduce Risk In Construction Loans Unlike most real estate backed loans, construction and renovation loans carry other inherent risks that require constant oversight. At the end of the day, as a
More informationCredit Unions: Turning Strong Member Relationships into Market Share
Whitepaper Credit Unions: Turning Strong Member Relationships into Market Share Contents 1 Introduction 2 Getting Started 2 The Top 10 LOS Must-Haves for Credit Unions Built-in Compliance Tools Flexibility
More information241 FOREX Trading Systems Built to Change and Adapt to the Trader
241 FOREX Trading Systems Built to Change and Adapt to the Trader 1 NOTICE Copyright 2005-2006 by 241Forex.com. All Rights Reserved No part of this publication may be reproduced, copied, stored in a retrieval
More informationThe Hidden Costs of Paper-Based Payments. How Electronic Payments Save You Time, Cut Your Costs and Improve Your Customer Relationships
The Hidden Costs of Paper-Based Payments How Electronic Payments Save You Time, Cut Your Costs and Improve Your Customer Relationships The Hidden Costs of a Simple Check B2B payment methods are slow and
More informationWinning Powerball (Australia) is Easy. 3. How Our Private Powerball Syndicates Work Private Powerball Syndicates as a Business...
CONTENTS Winning Powerball (Australia) is Easy. 3 How Our Private Powerball Syndicates Work... 6 Private Powerball Syndicates as a Business... 8 But, Why Should You Listen To Me?... 10 Ok, But How Does
More informationHow to Strategically Manage Your Debt
Debt. Funny how four little letters can feel so dirty. Most of us have it in one shape or another, but none of us like to talk about it. Debt can get us into trouble, especially if it is unplanned and
More informationEnsuring Payment Certainty in an Uncertain Payment Environment
in an Uncertain Payment Environment An Experian Health White Paper The financial health of provider organizations depends on collecting every dollar due. Efficient processes and automated workflow to assure
More information1. Sustained increases in population and job growth. According to US Census information, the
Financial Crisis Inquiry Commission Phil Angelides, Chairman Sacramento Field Hearing September 23, 2010 Thomas C. Putnam, President Putnam Housing Finance Consulting Mr. Chairman and Commissioners Thank
More informationAPIs the key to unlocking the real power of electronic FX
TECHNOLOGY APIs the key to unlocking the real power of electronic FX APIs, or application program interfaces, were not made for the foreign exchange market but it seems as if they should have been, reports
More informationBusiness loans at Funding Circle
Business loans at Funding Circle A step-by-step guide to borrowing Business finance tailored to you 94% of customers would come back to us first Getting finance to take the next step for your business
More informationBuilding the Healthcare System of the Future O R A C L E W H I T E P A P E R F E B R U A R Y
Building the Healthcare System of the Future O R A C L E W H I T E P A P E R F E B R U A R Y 2 0 1 7 Introduction Healthcare in the United States is changing rapidly. An aging population has increased
More informationMaking Tax Digital A roadmap for small businesses
blow abbott chartered accountants Making Tax Digital A roadmap for small businesses www.blowabbott.com Index Page What is Making Tax Digital? 3 When is it happening? 4 What are the upsides and downsides?
More informationCoinPennant. White Paper. January 14, 2018 V
CoinPennant White Paper January 14, 2018 V0.65 www.coinpennant.com contact@coinpennant.com This could be not the last version of White Paper. Please check on www.coinpennant.com for the last version. Table
More informationTD Ameritrade Institutional s Technology Triple Threat
TD Ameritrade Institutional s Technology Triple Threat Bob Mahoney, Director, Technology Solutions This material is designed for an investment professional audience, primarily Registered Investment Advisors
More informationLoan Officer Program Overview for MARIS. Slide 1-Click on next slide
Loan Officer Program Overview for MARIS Slide 1-Click on next slide Research indicates that homebuyers are changing the way they search for a new home: Over 90% of homebuyers search and view Property Listings
More informationDigital Enablement in the Mortgage Industry Mortgage Bankers Association
Monday, November 07, 2016 Digital Enablement in the Mortgage Industry By Shelley Leonard Topics: Shelley Leonard Digital Mortgage Technology Shelley Leonard is Executive Vice President and Chief Product
More informationThe Best Way To Play Saturday Lotto Superdraws TWO or More Winning Numbers Guaranteed Together... 4
CONTENTS The Best Way To Play Saturday Lotto Superdraws... 1 TWO or More Winning Numbers Guaranteed Together... 4 THREE or More Winning Numbers Guaranteed Together.. 5 FOUR or More Winning Numbers Guaranteed
More informationCASESTUDY. PLAN SPONSORS: FINDING VALUE TO RIGHT THE SHIP
PLAN SPONSORS: FINDING VALUE TO RIGHT THE SHIP Many pension plan sponsors, particularly state-run retirement systems, struggle with growing unfunded liabilities. In recent years, low returns and high actuarial
More informationAUSTRALIAN FINANCIAL ADVISORY SOLUTIONS. Financial Services Guide. 40 Lime Street Sydney NSW 2000 T: F:
AUSTRALIAN FINANCIAL ADVISORY SOLUTIONS Financial Services Guide 40 Lime Street Sydney NSW 2000 T: 61 2 9249 7600 F: 61 2 9249 7699 Version 6.2 January 2018 About this guide This Financial Services Guide
More informationWork Breakdown Structure. Managing an Efficient Construction Workflow
Work Breakdown Structure Managing an Efficient Construction Workflow Managing an Efficient Construction Workflow The purpose of this whitepaper is to define an operational process that creates an efficient
More informationInsurers Driving Agility and Cost Optimization With BPM-Enabled SOA
Insurers Driving Agility and Cost Optimization With BPM-Enabled SOA An SMA Whitepaper Author: Deb Smallwood, Founder Published Date: September 2009 Table of Contents About This Whitepaper This paper is
More informationFRx FORECASTER FRx SOFTWARE CORPORATION
FRx FORECASTER FRx SOFTWARE CORPORATION Photo: PhotoDisc FRx Forecaster It s about control. Today s dynamic business environment requires flexible budget development and fast, easy revision capabilities.
More informationMortgage Origination Done Better: Improving Data Quality and Making Compliance Checks More Efficient and Effective With Automation
Presented by Sponsored by Mortgage Origination Done Better: Improving Data Quality and Making Compliance Checks More Efficient and Effective With Automation Digital loan origination processes can still
More informationCautionary statement This document contains statements that are, or may be deemed to be, forward-looking statements with respect to NEST Corporation
NEST Corporation corporate plan 2016-2019 Cautionary statement This document contains statements that are, or may be deemed to be, forward-looking statements with respect to NEST Corporation s financial
More informationOPERATIONAL CASE STUDY November 2018 EXAM ANSWERS
OPERATIONAL CASE STUDY November 2018 EXAM ANSWERS Variant 2 SECTION 1 - Strategic alliance: Whether this alliance has the characteristics of a successful strategic alliance A successful strategic alliance
More informationChoosing the right mortgage...
Choosing the right mortgage... There are many types of mortgages available on the market, and it can be confusing to know which one is right for you. We've outlined the basics in this guide, but our advice
More information***EMBARGOED UNTIL 9:30 a.m ***
Prepared Remarks of Melvin L. Watt Director, Federal Housing Finance Agency At the Brookings Institution Forum on the Future of Fannie Mae and Freddie Mac Managing the Present: The 2014 Strategic Plan
More informationMIAMI Loan Officer Program Overview
MIAMI Loan Officer Program Overview 1 Research indicates that homebuyers are changing the way they search for a new home: Over 90% of homebuyers search and view Property Listings online (ie: via Realtor
More informationLand Acquisition and Development Finance Part VI
Land Acquisition and Development Finance Part VI In last month s Learn article, we discussed financing structures for development using OPM (Other People s Money). In this article we will discuss organization
More informationPro Strategies Help Manual / User Guide: Last Updated March 2017
Pro Strategies Help Manual / User Guide: Last Updated March 2017 The Pro Strategies are an advanced set of indicators that work independently from the Auto Binary Signals trading strategy. It s programmed
More informationCopyright Sopheon plc. All rights reserved worldwide. Next
Copyright Sopheon plc. All rights reserved worldwide. Next In the era of digitization and hyper-competitive, volatile markets, it is crucial that companies make smart, fact-driven decisions about portfolio
More informationThe Science Behind Cash and Liquidity Management
Reprinted from Issue 2 June 2010 Investment Management Review A Quarterly Update for the Investment Management Industry Risk, Yield and Cost Management: The Science Behind Cash and Liquidity Management
More informationBuilding Your Future. with the Kohl s 401(k) Savings Plan. Kohl s supports planning for your financial future with increased confidence.
Building Your Future with the Kohl s 401(k) Savings Plan Kohl s supports planning for your financial future with increased confidence. FINANCIAL Me? Save for Retirement? YES. THE MOST IMPORTANT REASON
More informationRetain your most valuable customers using a Generational Lending approach
Retain your most valuable customers using a Generational Lending approach By offering the FHA-insured Home Equity Conversion Mortgage (HECM) loan, you can keep your customers for life. CONNECTING THE REVERSE
More informationANZ SHARE INVESTMENT LOAN
ANZ SHARE INVESTMENT LOAN JUNE 2018 CONTENTS Benefits at a glance 3 The importance of creating wealth 3 Borrowing to create wealth 4 How a share investment loan actually works 5 How to use a share investment
More informationSCOTTISH WIDOWS RETIREMENT PORTFOLIO FUNDS
SCOTTISH WIDOWS RETIREMENT PORTFOLIO FUNDS MANAGING SIGNIFICANT VOLATILITY TO HELP A PENSION POT LAST LONGER This information is for UK financial adviser use only and should not be distributed to or relied
More informationSTRATMOR PeerViews Bank Mortgage Referral, Compensation and Accounting Practices JULY 2015
STRATMOR PeerViews Bank Mortgage Referral, Compensation and Accounting Practices JULY 2015 Contents 2 Background Key Findings and Conclusions Detailed Findings Background 3 The Bank Mortgage Referral,
More information2015 STAR Best Practices
2015 STAR Best Practices 2015 STAR Best Practices General Servicing Best Practices... 3 Investor Reporting and Accounting... 3 Optimizing personnel... 3 Quality and management oversight... 3 Reporting,
More informationThe Digital-First Mortgage MAKING BORROWERS, LOAN OFFICERS, AND PARTNERS FEEL RIGHT AT HOME
The Digital-First Mortgage MAKING BORROWERS, LOAN OFFICERS, AND PARTNERS FEEL RIGHT AT HOME Contents Introduction 1 Mortgage Providers Are Missing Expectations 3 Discover the Digital-First Mortgage 4 Borrower
More informationDETAILS IS IN THE THE DIFFERENCE LEXIS SECURITIES MOSAIC. Start your free trial today* Lexis Securities Mosaic
Lexis Securities Mosaic THE DIFFERENCE IS IN THE DETAILS LEXIS SECURITIES MOSAIC Understand how the global securities and regulatory environment impact your business and industry with Lexis Securities
More informationFUSION SERVICING DIRECTOR COMPLETE LOAN SERVICING SOLUTION
FUSION SERVICING DIRECTOR COMPLETE LOAN SERVICING SOLUTION 2 FINASTRA Brochure Fusion Servicing Director Complete Loan Servicing Solution From loan boarding through payoff, Fusion Servicing Director streamlines
More informationMortgage Marketing Benchmarks Report
Mortgage Marketing Benchmarks Report 2017 Introduction How can I stay relevant to past clients to drive referrals and repeat business? That s a question successful loan officers ask themselves on a regular
More informationMBA Forecast Commentary Lynn Fisher, Mike Fratantoni, Joel Kan
MBA Forecast Commentary Lynn Fisher, Mike Fratantoni, Joel Kan Purchase Originations Projected to Increase Ten Percent in 2016 MBA Economic and Mortgage Finance Commentary: October 2015 In this month s
More informationOne key to the successful
Chapter 6 One key to the successful startup and expansion of your business is your ability to adequately capitalize your company. Raising capital is an ongoing activity throughout the life of a business.
More informationBinary Options Trading Strategies How to Become a Successful Trader?
Binary Options Trading Strategies or How to Become a Successful Trader? Brought to You by: 1. Successful Binary Options Trading Strategy Successful binary options traders approach the market with three
More informationALLFINANZ Digital New Business & Underwriting
Digital New Business & Underwriting Transform underwriting into a sales enabler and profit driver Life Group Health Disability www.munichre.com/automation-solutions Digital New Business and Underwriting
More informationLaurence Ball Johns Hopkins University March 25, 2010 TESTIMONY BEFORE THE HOUSE COMMITTEE ON FINANCIAL SERVICES
Laurence Ball Johns Hopkins University March 25, 2010 TESTIMONY BEFORE THE HOUSE COMMITTEE ON FINANCIAL SERVICES Chairman Frank, Chairman Watt, Ranking Member Bachus, and members of the Committee, I am
More informationTHE GLOBAL IT INTEGRATOR FOR TRADING
THE GLOBAL IT INTEGRATOR FOR TRADING EQUIPPED TO MEET YOUR FUTURE TRADING CHALLENGES WE GRASP HOW TRADING IS CHANGING Our deep understanding of the trading landscape and its regulation ensures you can
More informationmsg.tax Connect Solution designed to optimise tax communication procedures
msg.tax Connect Solution designed to optimise tax communication procedures In recent years, legislators have imposed numerous new legal and regulatory provisions on finance and insurance companies. The
More informationSmartCLOSE TM Q&A. DocMagic, Inc All rights reserved.
Questions When will we have a chance to test this software? Are there additional fees to lenders (and/or attorneys) for using the Collaboration option? Are there any costs to Title Companies to use the
More informationCASE FAIR OSTER PRINCIPLES OF MICROECONOMICS E L E V E N T H E D I T I O N. PEARSON 2012 Pearson Education, Inc. Publishing as Prentice Hall
PART II The Market System: Choices Made by Households and Firms PRINCIPLES OF MICROECONOMICS E L E V E N T H E D I T I O N CASE FAIR OSTER PEARSON 2012 Pearson Education, Inc. Publishing as Prentice Hall
More informationA PATH FORWARD. Insights from the 2010 RIA Benchmarking Study from Charles Schwab
A PATH FORWARD Insights from the 2010 RIA Benchmarking Study from Charles Schwab The year 2009 marked a turning point for registered investment advisors. As an era of rapid growth came to an end, advisors
More informationCamargo Investment Management, Ltd Fox Cub Lane Cincinnati, OH (513)
Firm Brochure (Part 2A of Form ADV) Item 1 Cover Page Camargo Investment Management, Ltd. 8497 Fox Cub Lane Cincinnati, OH 45243 (513) 936-5050 This brochure provides information about the qualifications
More informationUN-COMMODITIZING INVESTING THROUGH PORTFOLIO OPTIMIZATION
UN-COMMODITIZING INVESTING THROUGH PORTFOLIO OPTIMIZATION Table of Contents INTRODUCTION PAGE 3 CHAPTER 1 Industry Trends - Optimizing Portfolios PAGE 5 CHAPTER 2 ORION S ASTRO PAGE 9 CHAPTER 3 Practice
More informationA Case for Automated. The mortgage industry is
A Case for Automated Compliance Just like automated underwriting, automated compliance will soon just be how business is done. By Robert Madsen The mortgage industry is sitting at a technology crossroad
More informationWhat You Need To Know About the Pass-Through Income Deduction
What You Need To Know About the Pass-Through Income Deduction [Update after publication: The original post included an error which affected a great deal of the post and its recommendations. It has now
More informationBlitzTrader. Next Generation Algorithmic Trading Platform
BlitzTrader Next Generation Algorithmic Trading Platform Introduction TRANSFORM YOUR TRADING IDEAS INTO ACTION... FAST TIME TO THE MARKET BlitzTrader is next generation, most powerful, open and flexible
More informationAlta5 Risk Disclosure Statement
Alta5 Risk Disclosure Statement Welcome to Alta5. Alta5 is both a platform for executing algorithmic trading algorithms and a place to learn about and share sophisticated investment strategies. Alta5 provides
More informationCASE FAIR OSTER PEARSON 2012 Pearson Education, Inc. Publishing as Prentice Hall
e PART II I The Market System: Choices Made by Households and Firms e CASE FAIR OSTER PEARSON 2012 Pearson Education, Inc. Publishing as Prentice Hall PRINCIPLES OF MICROECONOMICS E L E V E N T H E D I
More informationIntraday Open Pivot Setup
Intraday Open Pivot Setup The logistics of this plan are relatively simple and take less than two minutes to process from collection of the previous session s history data to the order entrance. Once the
More informationTheFXHelpers: Focusing on Consistent Profits and Capital Preservation
1 TheFXHelpers: Focusing on Consistent Profits and Capital Preservation 2 Table of Contents Introduction to TheFXHelpers:... 3 Our Clients Interests Come 1 st :... 4 What Are Forex Managed Accounts?...
More informationDynamic Cash Routing for Alternative Investment Managers
Dynamic Cash Routing for Alternative Investment Managers Mitigate risks. Increase transparency. Simplify processes. Integrated Liquidity Management and Cash Investment Solutions About J.P. Morgan Treasury
More informationThe Total Cost of ETF Ownership An Important but Complex Calculation
PRACTICE MANAGEMENT INSIGHTS The Total Cost of ETF Ownership An Important but Complex Calculation Christopher Huemmer, CFA Senior Investment Strategist An investor should aim for a full understanding of
More informationPlanning for your retirement. Generating an income in retirement
Planning for your retirement Generating an income in retirement IN THIS GUIDE PLANNING YOUR RETIREMENT INCOME 3 CASH 5 BONDS 6 SHARES (EQUITIES) 9 PROPERTY 11 MULTI-ASSET INCOME INVESTMENTS 12 DRAWING
More informationBINARY OPTIONS: A SMARTER WAY TO TRADE THE WORLD'S MARKETS NADEX.COM
BINARY OPTIONS: A SMARTER WAY TO TRADE THE WORLD'S MARKETS NADEX.COM CONTENTS To Be or Not To Be? That s a Binary Question Who Sets a Binary Option's Price? And How? Price Reflects Probability Actually,
More informationLaw Department Budgeting and Forecasting. How to Plan, Implement and Benefit From a Formal Budgeting Process
Law Department Budgeting and Forecasting How to Plan, Implement and Benefit From a Formal Budgeting Process Strategic budgeting in a corporate law department? Really? Absolutely. Although many law departments
More information