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July 2012: Doc Prep’s Evolution

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Editor’s Note

This section discusses how innovation is shaping M&A activity.

Your Voice—By Jeff Wirsing

GreenBar America LLC shares how financial education truly works.

Recovery Tips—By Steve DeBlasio

Axacore talks about imbedded Electronic Document Management.

Market Pulse

CoreLogic data concludes that home prices nationwide, including distressed sales, increased on a year-over-year basis by 1.1 percent.

Process Improvement—By Tony Garritano

Tony Garritano notes that there is a way that you can establish yourself as unique in order to succeed.

Future Trends—By Roger Gudobba

Roger Gudobba thinks that there is a good and a bad way to survive in the current competitive market.

Business Strategies—By Michael Hammond

Michael Hammond reveals how you can use Twitter and LinkedIn to grow your business in a down market.

Compliance Shifts—By Leonard Ryan

QuestSoft reports that new rules are still confusing our industry.

REO Myths—By Brian Coester

Coester Appraisal shares that REO valuations still aren’t clear cut.

The Mobile LOS—By Narayan Bharadwaj

Wipro Gallagher stresses that mobile technology represents profit.

How Will Doc Prep Change Over Time?

Lori Johnson (left) and Erika Klein of Document Express, Inc. discuss how they see document preparation evolving into the future.

Read The Signs—By Barbara Perino and Rebecca Walzak

Analysts say now is not the time to ignore that technology is the future.

June 2012: Tracking Innovation

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Editor’s Note

This section discusses how innovation can shine in our industry.

Your Voice—By Jeff Wirsing

GreenBar America LLC shares how financial education truly works.

Recovery Tips—By Randy Schmidt

Data-Vision talks about how to build a robust online presence.

Market Pulse

Interthinx data concludes that the Employment/Income Fraud Risk Index rose 14 percent during 2011.

Process Improvement—By Tony Garritano

Tony Garritano notes that as the industry becomes more regulated, LOS companies are feeling the pinch.

Future Trends—By Roger Gudobba

Roger Gudobba thinks that it’s time to resolve the long standing tension between business and IT.

Business Strategies—By Michael Hammond

Michael Hammond reveals how you can use Facebook to grow your business in a down market.

The Next Generation—By Barbara Perino and Rebecca Walzak

Analysts talk about how today’s new home buyers have a different vision.

Telling The Truth—By Phil Huff

Platinum Data Solutions shares the true nature of mortgage lending.

Tackling Compliance—By Brian King

Wisemar, Inc. stresses that compliance requires a holistic approach.

Is Innovation Alive And Well?

Our Innovations Winners gathered to discuss the present and the future of the mortgage space.

Beyond E-Signing—By Sharon Matthews

eLynx says the best solutions integrate e-signatures and much more.

May 2012: Looking To The Future

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Editor’s Note

This section discusses how true innovation is needed today.

Your Voice—By David Lykken

David Lykken explains his vision for the future of our industry.

Recovery Tips—By Ted Hicks

Calyx shares its thoughts of how lenders can be more efficient.

Market Pulse

Data compiled by CoreLogic takes a historic look at the mortgage industry to see what the future may be.

Process Improvement—By Tony Garritano

Tony Garritano notes that a game-changing event is needed to speed up recovery and a few such events are out there.

Future Trends—By Roger Gudobba

Roger Gudobba defines what innovation really is and emphasizes its importance. His conclusions may shock you.

Business Strategies—By Michael Hammond

Michael Hammond reveals six big ideas that he thinks could provide relief in a very tough market.

Transforming Servicing—By Fred Melgaard

DRI details how the right technology approach can reinvent servicing.

Don’t Just Survive—By Kevin Marconi

Lender United Fidelity Funding talks about how others can thrive today.

Docs Are Dead—By Reid Smeda, Sr.

CSi asserts that mortgage documents, as we know them today, are dead.

Standing Tall And Looking Ahead

The Board of PROGRESS in Lending shares their unique ideas about the future of the mortgage industry.

The Future LOS—By Daniel Liggett

ASC points out how choosing the LOS of the future is now a do or die.

Innovations Winners

Find out here what the top innovations of 2011 were.

Stretching Out—By Nancy Alley

Xerox discusses how to craft the mortgage company of the future.

April 2012: Market Dominance

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Editor’s Note

This section discusses the real problem of shadow inventory.

Your Voice—By Keven Smith

Mortgage Builder shares how lenders can get prepared for ULDD.

Recovery Tips—By Kathy Mantych

MRG talks about how collaboration and education can ensure compliance.

Market Pulse

CoreLogic released a new research report that showed the true decline in home prices over the past 12 months.

Process Improvement—By Tony Garritano

Tony Garritano notes that the lasting impact of Software as a Service is still an open question.

Future Trends—By Roger Gudobba

Roger Gudobba thinks that there is a clear difference between creative and non-creative thinkers.

Business Strategies—By Michael Hammond

Michael Hammond reveals that achieving any goal requires honest and regular monitoring.

Generational Risk—By Barbara Perino and Rebecca Walzak

Analysts talk about the next great generation’s changing view of housing.

Understanding Data—By Lloyd Booth

Blueberry Systems, LLC shares the answer to attaining total data quality.

Ensure Compliance—By Jennifer Miller

a la mode, inc. stresses how innovation can ensure compliance.

Market Dominance

Dennis Boggs of Calyx Software details what it means to be a dominant loan origination system in today’s market.

Partner Up—By Sharon Matthews

eLynx says tight integration can lead to a better mortgage process.

March 2012: Fixing Servicing

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Editor’s Note

This section discusses the real industry lesson from HARP 2.0.

Your Voice—By Cathy Blaszyk

ClosingCorp. shares how the state of online lending has changed.

Recovery Tips—By Dominick Marchetti

Blueberry Systems talks about how you can make workflow seamless.

Market Pulse

CoreLogic released its fourth quarter 2011 multifamily applicant risk (MAR) analytics, which painted a picture of the modern renter.

Process Improvement—By Tony Garritano

Tony Garritano notes that a lot more work needs to be done as foreclosures are expected to climb this year.

Future Trends—By Roger Gudobba

Roger Gudobba thinks the quest to understand the brain and build intelligent machines is a worthy endeavor.

Business Strategies—By Michael Hammond

Michael Hammond reveals that technology companies in this space can learn a lesson or two from Apple.

The Kodak Story—By Barbara Perino and Rebecca Walzak

Analysts warn that there is a lesson behind Kodak’s failure for our space.

Take A Lesson—By Brian King

Wisemar, Inc. shares tips on what we can learn from kindergarteners to improve.

Attract Talent—By Brian Koss

Mortgage Network, Inc. talks about how technology can attract good people.

The State of Servicing

Joe Dombrowski of Fiserv talks frankly about what servicers need to do today in order to really excel under difficult conditions.

The New Borrower—By Randy Schmidt

Data-Vision says lender interaction with borrowers today needs to change.

Market Analysis: WOW, Just WOW

*WOW, Just WOW*
**By Tony Garritano**

***We started promoting our Innovations 2011 Industry Recognition Ceremony just 48 hours ago. For us this program is a big deal. Our mission is to help the mortgage industry in any way we can to succeed. I’m a firm believer that innovation is a critical component to ensuring that success. We hope that by recognizing true innovation we’ll encourage others to innovate. We want to make this space better. And based on early response to this year’s celebration, we can see that you agree. Check this out:

****In just the past 48 hours alone we have received almost 50 RSVPs. Last year we got 160 attendees after two months of promotion. This year we are a third of the way to achieving those numbers and we did it in just 48 hours. Also, any time we can we try to pass on savings to you, not because we have to, but because we want to. So, we secured a discounted room rate at the host hotel. In just 48 hours that room block sold out completely. Fortunately, the hotel has agreed to add more rooms to the block.

****So, if you are planning to attend the event we hope that you will RSVP today HERE. And if you plan to take advantage of the discounted room, we suggest that you do that today as well. You can book your room online HERE.

****It’s very gratifying to see such a strong response to what we’re trying to do on behalf of the mortgage industry. This event is going to be nothing short of amazing. If you entered to be considered for recognition we hope that you attend to see if you were chosen. If you didn’t enter, we hope that you will attend to see who is honored. But beyond that we will also be hosting a roundtable discussion about how we can attain true mortgage industry recovery. It’s going to be a lively discussion.

****We hope to see you there.

The Top Mortgage Innovations Are …

Don’t Miss Out! RSVP To See Who Will Be Honored

On April 22nd of this year PROGRESS in Lending Association will announce the top innovations of 2011. This event is under a month away, so don’t miss out. After weeks of judging, the Executive Team has decided on which companies to bestow this honor on. Join us at the Embassy Suites Phoenix Biltmore, located on 2630 East Camelback Road, Phoenix, Arizona 85016, starting at 7 p.m. local Phoenix time. A block of rooms have been reserved spanning from April 21, 2012 – April 25, 2012. The special room rate of just $161.00 a night will be available until March 29th or until the group block is sold-out, whichever comes first. We are happy to extend this great deal to all those that wish to take advantage. You can book online HERE. The event Platinum Sponsor is eSignSystems. The event is also sponsored by AllRegs, Calyx Software, DocVelocity, Motivity Solutions and ServiceLink. RSVP below.  ACT NOW!

If you entered you’ll want to attend to see if you will be recognized. If you didn’t enter, this event will be a game changer for you, as well. This event is not just about announcing the results of our Innovations 2011 Program and handing out prestigious awards, it’s about fixing our industry. With origination expected to decline by 15% this year, foreclosures at record highs and new regulation looming, the mortgage market needs innovating by thought leaders like you. We at PROGRESS in Lending Association will start this process of industry renewal at this event.

How will we do this? We are going to take a page from American History. During the Great Depression President Roosevelt welcomed Americans to join him for a series of fireside chats.

Sometimes beginning his talks with “Good evening, friends,” Roosevelt urged listeners to have faith and to support his New Deal measures. The “fireside chats” were considered enormously successful and attracted more listeners than the most popular radio shows during the “Golden Age of Radio.” Roosevelt continued his broadcasts into the 1940s, as Americans turned their attention to World War II. Roosevelt’s first fireside chat was March 12, 1933, which marked the beginning of a series of 30 radio broadcasts to the American people reassuring them the nation was going to recover and shared his hopes and plans for the country.

Now we at PROGRESS in Lending Association invite you to join us for a mortgage industry recovery chat. For more information about our Innovations Program go HERE. In addition to recognizing the top innovations of 2011, we will assemble a panel including our Executive Team and representatives from the winning companies in attendance to form a roundtable of experts. This roundtable will brainstorm and share insight as to how technology can help the mortgage industry move closer to recovery.

You won’t want to miss this exchange of ideas. This will truly be a one-of-a-kind industry event. RSVP NOW!

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Xetus

Xetus provides comprehensive, feature-rich solutions to the mortgage industry by enabling lenders to process mortgage loans online via the Internet, from initial application through funding and secondary transfer. XetusOne, our cloud-based “software as a service” (SaaS) loan origination system, allows all participants in the mortgage funding process to connect seamlessly. This collaboration spans data input, verification, document sharing, quality control, and management. Our customers include leading banks, credit unions, community banks and credit union service organizations. Some of the significant benefits our customers experience in using XetusOne include:

>> Ease of use

>> Simultaneous collaboration across all participants in the mortgage fulfillment process

>> Rapid, inexpensive and easy start up and deployment

>> Dramatic reduction in processing costs

>> Tighter data integrity and fraud prevention

>> Pay-per-loan pricing

The company can be found on the Web HERE.

February 2012: Talking Straight

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Editor’s Note

This section discusses the power of multimedia as an educational tool.

Your Voice—By Tyler Sherman

Motivity shares how business intelligence technology can help servicers.

Recovery Tips—By Jeff Wirsing

GreenBar America LLC talks about how to reshape origination.

Market Pulse

CoreLogic released data that shows that home prices in the U.S. decreased 1.3 percent on a month-over-month basis, marking the third consecutive monthly decline.

Process Improvement—By Tony Garritano

Tony Garritano notes that changes to the appraisal space have been dramatic, but wonders if things have been improved.

Future Trends—By Roger Gudobba

Roger Gudobba details how the brain really works and why it is fundamentally different from a computer.

Business Strategies—By Michael Hammond

Michael Hammond reveals the right way to overcome tough market conditions and succeed this year.

Data Revolution—By Roger Hull

Genpact Mortgage Services discusses a shift away from a document-centered process.

Talking Straight

Kelly Purcell and Roger Gudobba discuss the pressing issues of the day as well as a new project the two are working on together.

Cloud ROI—By Martin Williams

Acris shares some practical benefits of a fully cloud-based mortgage office.

Total Visibility—By Sharon Matthews

eLynx talks about a better way to collaborate around the closing table.

Cyber Crime—By Bill Mitchell

Mortgage Builder says the mortgage industry has been slow to fight cybercrime.

January 2012: Grow Online

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Editor’s Note

This section discusses recent technology M&A activity.

Your Voice—By Joseph Badalamenti

Five Brothers shares how to deal with heightened foreclosure levels.

Recovery Tips—By Jeff Wirsing

GreenBar America LLC talks about how to reshape origination.

Market Pulse

According to a report by CoreLogic, the fraud picture is mixed. The report says the industry’s overall fraud risk has stabilized, but not subsided.

Process Improvement—By Tony Garritano

Tony Garritano notes that 2011 is now a distant memory, and talks industry expectations for 2012.

Future Trends—By Roger Gudobba

Roger Gudobba details a revolutionary new theory of intelligence and a bold vision for the future of intelligent machines.

Business Strategies—By Michael Hammond

Michael Hammond reveals the best way to craft and also to reinforce a creative company brand.

The Perfect Storm—By Brian Koss

Mortgage Network, Inc. shares strategies on how lenders can thrive these days.

Innovators—By Barbara Perino and Rebecca Walzak

This article contrasts mortgage entrepreneurs from true innovators.

Tracking Online Lending

As lenders fight for every deal, Randy Schmidt of Data-Vision details how lenders can get more business online.

Restoring Trust—By Cathy Blaszyk

ClosingCorp charts a path to restoring the good name of our industry.

Life In The Cloud—By Martin Williams

Acris Solutions both explains and demystifies cloud computing.