TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1379186
Received Wisdom F or this month's MReport, we spoke to a selection of mortgage industry executives about the most important lessons they've learned in their careers, the advice they'd like to pass on, and where they think the business of mortgage needs to evolve and improve in the months and years ahead. We received insights from a broad spectrum of mortgage-related companies, including Arcus Lending, AXIS Lending Academy, Carrington Mortgage Services, CBC Mortgage Agency, CIVIC Financial Services, Cornerstone First Mortgage, Freedom Mortgage Corporation, Gateway First Bank, Houwzer, Inlanta Mortgage, NewDay USA, Plaza Home Mortgage, and Princeton Mortgage. Read what they have to say in our cover story, "Lessons That Last." In "Cleaning House: Combatting Money Laundering," learn how the industry can push back against the continued problem of money laundering within the mortgage and housing landscape. MReport brings you insights from Chad Rawlings, National Sales Director for SmartSearch US. Next up is "Against the Tide." In this piece, Saket Nigam, SVP, Capital Markets, at Spring EQ, explains why returning investor appetite is fueling home equity lending. From there, we give you a look at how the industry is "Readying for the Next Mortgage Revolution," penned by Nicole Valentin-Smith, Director, Client Management, Digital Lending and Origination at Fiserv, Inc. When the COVID-19 pandemic struck, the global economy found itself in the midst of a revolution that sent leaders in every industry scrambling to adapt. Here's what comes next. Finally, be sure to check out "The Future of Millennial Homebuyers" by Kuba Jewgieniew, CEO and Founder of Realty ONE Group. He explores how these important cohorts are differentiating themselves within the modern housing market. Welcome to the June 2021 edition of MReport. David Wharton Managing Editor 2 | M R EP O RT MNOTES © 2011 First American Financial Corporation and/or its affiliates. All rights reserved. YOUR business is OUR business! First American Mortgage Services is laser focused on mitigating YOUR cost, risk and exposure by aligning our advanced solutions with YOUR strategic objectives and compliance needs. We are the New First American, over 120 years young, strong and financially secure. Insight | Innovation | Integrity First American Title Insurance Company and First American Mortgage Services make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. FIRST AMERICAN and FIRST AMERICAN TITLE are trademarks owned by First American Financial Corporation. 2 | Th e M Rep o RT Publisher Jon Ball contributing editor Abby Gregory online editor theMrePort.coM Ryan Schuette coPy editors Alison Rich emily White Youree heather hill contributors phil Britt Bob Calandra eric Fox Jack Konyk Mark Lieberman creative director Jason Stone art director Jonathan Won associate art directors Bruce Sons Chanyanont Loha-Unchit design director Sean Walker advertising Dina Duncan (214.525.6740) Jason Myers (214.525.6760) Andi Zimmerman (214.525.6724) technology Toby Tull Brandon Shangraw social Media Leon McKenzie Ani Vera circulation/corresPondence Celina Avila corPorate officers chairMan & chief creative officer chief executive officer Mark hulme edward R. Delgado business develoPMent Andi Zimmerman chief financial officer John harrison director of huMan resources ernest Gillespie director of oPerations Toby Tull account executives senior account executive Donna Lott (214.525.6792) sPonsorshiPs Jason Myers (214.525.6760) account executives Renee Charles (214.525.6742) Thomas Griffin (214.525.6754) Kristin Larson (214.525.6713) Ryan McLemore (214.525.6706) Marketing Travis Bogdon Matt hulme Production Kyle Curtis Miguel Martinez Christian McCrossan concierge Celina Avila art direction Jason Stone Sean Walker Jonathan Won No part of this publication may be reproduced without written permission from the publisher. ©2011 Reo publishing LLC All Rights Reserved This publication is intended to provide accurate, authoritative, and detailed information in regard to the subject matter covered. All written materials are disseminated with the understanding that the publisher is not engaged in rendering legal advice or other professional services. Under no circumstance should the information contained herein be relied upon as legal advice as it is designed to be a source of information only. MReport strongly encourages the use of qualified attorneys or other qualified experts with regard to the subject matter covered. MReport does not guarantee the accuracy of the information and is not liable for any damages, losses, or other detriment that may result from the use of these materials. FORDEFAULTSERVICINGPROFESSIONALS THEFIVESTARINSTITUTE Follow us. EDITOR-IN-CHIEF Rachel Williams EXECUTIVE CREATIVE DIRECTOR Jonathon Won CREATIVE DIRECTOR Jason Stone MANAGING CONTENT EDITOR David Wharton MANAGING DIGITAL EDITOR Eric C. Peck REPORTER Christina Hughes Babb MAGAZINE CONTRIBUTORS Kuba Jewgieniew Saket Nigam Chad Rawlings Nicole Valentin-Smith COPY EDITOR Brandy Scott ADVERTISING 214.525.6700 EDITORIAL ADVISORY BOARD Danielle Hale, Chief Economist, Realtor.com ® ; Ken Markison, Of Counsel, Weiner Brodsky Kider PC; Alex McGillis, Director of Product Development, Quicken Loans Erik Schmitt, Managing Director of Origination Division, Chase Home Lending; Rocky Stubbs, Managing Partner, Excelsior Dynamic Corporate Officers CHIEF EXECUTIVE OFFICER Todd Storch CHIEF FINANCIAL OFFICER Jonathan Hughes ART DIRECTION Jordan Funderburk, Jason Stone, Jonathon Won No part of this publication may be reproduced without written permission from the publisher. © 2021 Five Star Global, LLC. All Rights Reserved This publication is intended to provide accurate, authoritative, and detailed information in regard to the subject matter covered. All written materials are disseminated with the understanding that the publisher is not engaged in rendering legal advice or other professional services. Under no circumstance should the information contained herein be relied upon as legal advice as it is designed to be a source of information only. MReport strongly encourages the use of qualified attorneys or other qualified experts with regard to the subject matter covered. MReport does not guarantee the accuracy of the information and is not liable for any damages, losses, or other detriment that may result from the use of these materials.