ComplianceEase is a leading provider of intelligent business solutions to financial services institutions. The company was founded in 2001 by mortgage banking executives and technology professionals with a shared vision to develop innovative solutions and services to help the residential mortgage industry solve fundamental problems and minimize operational risks. The company’s commitment to deliver effective…

John Vong, CMB, CMT, is president and co-founder of ComplianceEase, Burlingame, Calif., and a frequent contributor to MBA NewsLink. He can be reached at j.vong@complianceease.com. MBA NEWSLINK: Last fall, state and federal regulators took the unusual step of publicly calling on the real estate finance industry to integrate state-developed data standard with mortgage loan origination…

With mortgage origination volume expected to remain flat this year and the cost to originate reaching $8,611 per loan in Q4 2018, according to the Mortgage Bankers Association (MBA), many bankers are struggling to compete in today’s environment and cannot afford to turn away any opportunities. Even though they only represent approximately 10 percent of…