This week we're showcasing IT and Security Compliance Analyst, Julia Perry. Julia has been at Mortech for 2 years now. She's married and has a son, daughter-in-law, grandson, and another grandbaby on the way in January of 2016.

Favorite things to do on her days off: Lots of hiking/biking on the Steamboat Trace Trail – lots of time with family – when the two are combined, it’s a bonus!

Favorite place to travel: Anywhere the great out of doors is available for long walks, fishing, outdoor adventures - you name it.

Favorite time of the year: Both fall and spring in Nebraska are equally awesome! 

Favorite thing about working at Mortech/Zillow: I love my co-workers!  There is a great friendly group of people with a fantastic work ethic here – love the atmosphere at Mortech.

This week we're showcasing Windows Systems Administrator, Jon Ross. Jon has been working at Mortech for almost seven months now. He and his wife Kelli have two kids, 4 year-old Mikah and 1 year-old Malakai.

Favorite things to do on his days off: Playing guitar and spending time with my family.

Favorite place to travel: Seattle, WA. 

Favorite time of the year: The fall.

Favorite thing about working at Mortech/Zillow: We are a customer-forward company! I am thrilled to be surrounded everyday by those whose prime interest is serving the customer and exceeding their needs and expectations!  

As a part of the federal government’s Unified Agenda of Regulatory and Deregulatory Actions, the Consumer Financial Protection Bureau (CFPB) is required to publish a semi-annual update of their rulemaking agenda.  Below are the major initiatives that will be addressed this year in the mortgage industry:

This week we're showcasing Data Integrity Specialist, Rob Smith. Rob has been at Mortech for nearly four years. He lives in Lincoln with his wife Chelle and their three kids Pearce, Parker, and Preston.

Favorite things to do on his days off: Fishing, biking and spending time with my family.

Favorite place to travel: The Black Hills and Estes Park.

Favorite time of the year: Summer.

As the wave of investors continues to move toward getting as granular as they possibly can with pricing, are they limiting the lenders overall options? As we see the new wave of investors going to customer specific pricing or the push to see who can have 100 rate sheet versions and regions, are we getting to where you send 90% of your volume to one investor to get the better incentive pricing? Granted there are a lot of other factors involved other than how much volume you send their way such as service, relationship, pass-through, etc.

With Memorial Day come and gone, we thought it’d be interesting to look at the amount of Veteran’s Association (VA) loans compared to the total amount of loans quoted through Marksman each year.

At Mortech we’re constantly working to provide you with the best possible tools to help you streamline your business, nurture your borrowers, and close more loans quickly. With so many options and tools available to you, it can feel overwhelming at times to try and utilize everything, or even to understand how certain Marksman tools can streamline your operations. So we wanted to highlight some products you could be using, and show you how they can help boost your mortgage lending workflow.

The Consumer Protection Financial Bureau (CFPB) is reminding lenders that not accepting public assistance income is a violation of the Equal Credit Opportunity Act (ECOA) and its implementing regulation, Regulation B.  The Equal Credit Opportunity Act states that a creditor cannot discriminate against an applicant because of income from public assistance.  The lender is not allowed to exclude or refuse vouchers from the Section 8 Housing Choice Voucher (HCV) Homeownership program as a source of income when approving a borrower. 

Here at Mortech, we’re not just focused on providing you with all the tools you need within our mortgage pricing engine, Marksman^®. We also pride ourselves in being mortgage experts who are constantly monitoring the business and providing easy access to mortgage loan products that you can supply your customers with accordingly. We want to help our customers provide a wide variety of mortgage loan products across multiple investors to their borrowers, quickly and easily.

This week we pulled some data from within Marksman on a few different loan products, and compared their quote volume with their more widely quoted counterparts over the last six months.

H.R. 2121 has been introduced in the House of Representatives, and subsequently referred to the House Committee on Financial Services, to amend the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). The proposed amendment, sponsored by Representative Steve Stivers (R-OH), would amend the S.A.F.E. Act to include an additional subsection referring to employment transition.  If passed, it would allow a Nationwide Mortgage Licensing System and Registry (NMLS) registered loan originator a temporary license, good for a 120-day period, for those moving between financial institutions or to another state.