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MNOTES O riginations: It's one of the most important facets of our industry—and one that is constantly changing and evolving. The way lenders work, the regulations they're subject to, and even the data and technology they use are all constantly in flux, but de - spite these continuous changes, originators are finding ways to get by and stay successful year after year. In fact, Freddie Mac recently forecasted a banner third quarter for originations, as well as a 40-year-low mortgage rate for 2016. It doesn't get much better than that. To delve into how lenders are doing it, as well as their strategies, best prac - tices, and other methods for tackling the ever-changing landscape, we chose to focus solely on lenders this issue. Here's just a snippet of what you can expect from MReport's "Best in Origination" special on the forthcoming pages. First, Ryan Schuette talks to Franklin Codel, head of Wells Fargo Home lending, about his leadership style and how he keeps his department at the top of the lending game. Codel took the helm after longtime leader Mike Heid left a year ago and hasn't looked back since. In Jerry Halbrook's "In the Fast Lane," we also jump into big data–specifically how it can boost the industry and improve results for homebuyers across the country. Halbrook even covers how lenders can leverage data to predict buyer behavior and increase customer satisfaction in the long run. It wouldn't be an originations issue if we didn't talk HMDA, though. And in "Pulling Back the Curtain," that's just what we do. In this piece, Altisource's Melissa Kozicki takes a look at upcoming changes to the act, as well as how those changes will impact both originators and consumers. She also breaks down how lenders can move forward easily and seamlessly as more HMDA changes are on the horizon. Then, in our Take 5 section, we sit down with Edward L. Robinson at Fifth Third Mortgage. Robinson talks challenges, regulatory compliance, refinancing, interest rates, and other hot-button issues. It's an insightful piece you definitely don't want to miss. Finally, our "Best in Origination Services" Guide gives you an in-depth look at companies who providing services, tools, and tech to ease the origination process for all involved. So whether you work in originations yourself or you're simply in the midst of buying or selling a home, take this issue in. It can offer you unique perspec - tive on what goes on behind the scenes of the originations industry–and how it impacts the final outcome for both lenders and buyers. All the best, Rachel Williams Editor-in-Chief 2 | TH E M R EP O RT EDITOR-IN-CHIEF Rachel Williams ONLINE EDITOR Brian Honea ONLINE CONTRIBUTORS Kendall Baer Scott Morgan COPY EDITORS Krista Franks Brock Aly Yale CONTRIBUTORS Jerry Halbrook Melissa Kozicki Ryan Schuette CREATIVE DIRECTOR Jason Stone ART DIRECTOR Jonathon Won DESIGN DIRECTOR Sean Walker ADVERTISING Suzanne Andresen (207.443.3314) Robyn Clayton (214.525.6716) Kevin McCrea (214.525.6756) Jason Myers (214.525.6760) Paul Blaser, Blaser Photography PHOTOGRAPHER CORPORATE OFFICERS CHAIRMAN & CHIEF CREATIVE OFFICER Mark Hulme PRESIDENT & CHIEF EXECUTIVE OFFICER Ed Delgado CHIEF FINANCIAL OFFICER John Harrison DIRECTOR OF HR/ACCOUNTING Ernest Gillespie ART DIRECTION Jason Stone Sean Walker Jonathon Won No part of this publication may be reproduced without written permission from the publisher. ©2016 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. © 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. A Look Behind Lending