Mortgage Banking Decision Science

Mortgage Banking Decision Science

Mortgage Banking Decision Science   AI has many applications in the mortgage industry and too many to mention in this short blog. Many companies have significant amounts of data from previous borrower transactions and in pipeline data from potential borrowers....
MCM’s Open API Interface

MCM’s Open API Interface

MCM’s Open API Interface MCM is pleased to announce the roll-out of its Open API. This API conforms to the Open API Specification and allows clients to integrate their LOS information with MCM’s Hedge Analytics and Reporting software. MCM has developed this secure...
Moral Hazard Residential Mortgage Servicing Policies

Moral Hazard Residential Mortgage Servicing Policies

MCM’s Open API Interface The moral hazard issue regarding mortgage servicing and its primary cause stems from the GAAP accounting ruling FAS-ASC-860-50-25-1 (https://www.wilwinn.com/resource/accounting-regulatory-reporting-for-mortgage-servicing-rights/). This ruling...