by Rachael Harris | Nov 7, 2016 | General, Kaizen
THE QC CHECKLIST – HOW ESSENTIAL OF A TOOL IS IT? By: Denise Kowalski The use of a Quality Control checklist is an essential tool that contributes to the accuracy, consistency and efficiency in QC reports. As noted by Fannie and Freddie Mac, a well designed QC...
by Rachael Harris | Oct 4, 2016 | General, IncomeGenius
As reporters and politicos have discovered a newfound interest in net operating losses, many mortgage industry veterans are still hard-pressed to explain a net operating loss and the impact on qualifying. What is a Net Operating Loss and how does it impact mortgage...
by Rachael Harris | Sep 12, 2016 | General, IncomeGenius
Who is considered ‘self-employed’? Realtor? Truck driver? Construction worker? Labor union? The Key Question- does the borrower have 25% or more ownership in the company? If the answer is yes, the borrower is considered self-employed. But, is it really that simple?...
by Rachael Harris | Aug 17, 2016 | General, IncomeGenius
Loans, loans, loans. Everyone has more than they know how to handle. While that’s the good kind of “problem” to have, the very real challenge still exists of how to move additional volume through the pipeline while maintaining quality and service levels. For all...
by Rachael Harris | May 19, 2016 | General, IncomeGenius
We’ve all heard news stories that millennials are not buying houses. New household formations continue to be well below peak levels. Despite rents reaching astronomical levels in many areas, home ownership levels are not yet making significant gains. While many...
