features march VOLUME 75, NUMBER 6 92 42 52 60 66 74 2015 Tech All-Stars Q&A with Capsilon’s Sanjeev Malaney Keeping the Devil Out of The Details All-Stars will be hon- A candid, slightly Ernst Publishing Co. en- today is well positioned A new survey of mortgage ored at the Mortgage irreverent chat with sures and guarantees to offer lenders solu- industry practices ex- Bankers Association’s a technologist from that the fees lenders tions to pressing chal- amines the prevalence National Technology Silicon Valley. charge mortgage bor- lenges like the coming of pricing discretion in in Mortgage Banking BY JANET REILLEY HEWITT rowers are 100 percent Integrated Disclosure lenders’ operations. accurate—a role made rule. The electronic doc- Careful management of even more important ument delivery com- the practice is crucial by new CFPB disclosure pany has a winning to avoiding fair lending requirements taking platform for disclosing problems. effect on Aug. 1. and verifying key data BY GEORGE YACIK throughout the making BY DAVID SKANDERSON, MIKE McAULEY AND JOE GARRETT This year’s class of Tech Conference for their significant contributions. BY JANET REILLEY HEWITT To the Edge and Back Cincinnati-based eLynx of a loan. BY DEWEY KELLY COV ER ILLU STR AT IO N BY TITOVA E / SH UTTER STO C K M O R T G A G E B A N KI N G | 2 | MARCH 201 5 Managing the Risk of Pricing Discretion news 012 034 Howard Schneider interviews leading mortgage technology executives News Room Top news stories about the real estate finance business 022 036 Commercial 014 people Credit Tightness Index An index calculating credit conditions over time 038 Authors | Upclose The inside skinny on some of our feature article authors Business Barometer A key data indicator from the housing/mortgage markets Calendar A listing of upcoming industry events and conferences Headlines from the commercial/multifamily real estate finance sector 013 Tech Talk 040 Industry People The latest moves of industry staffers and executives departments 028 Road Warrior Lew Sichelman reports from industry venues around the country 032 Dave’s Desk A rundown of what MBA CEO Dave Stevens has on his plate 12 80 86 92 Stop Leaking Revenue Here’s some manage- The Mighty Millennials— Passing the Torch ment advice on how Multifamily Market Has Room to Run Worries over over- to reduce revenue The mortgage industry building in the apart- leakage in your can be a magnet for ment market are origination shop. the entrepreneurial unfounded if you look millennial generation. closely at the num- Someone just has to bers. Growing apart- explain it all to them. ment demand is BY TAMMY BUTLER sufficient to meet BY JAMES M. DEITCH rising supply. BY STEVE GUGGENMOS, HARUTYUN HOVSEPYAN AND SARA HOFFMANN M O R T G A G E B A N KI N G | 3 80 | MARCH 201 5 numbers columns 098 108 Executive Suite BY DAVID BERENBAUM Leading industry executives offer some current commentary 100 109 Capital Buzz The Right Stuff 110 111 Home-Price Spotlight 50 states ranked worst to best by foreclosure rate, from CoreLogic 112 Value Judgments Lending Trends Data showing non-QM and loan volume trends, from Optimal Blue BY CASEY CUNNINGHAM What the country’s top producers are doing today 106 The Closing Table Monthly change in loan volume, by state, from eLynx BY ANN FULMER The author’s take on something generating buzz in Washington, D.C. 104 Market performance data on home-price trends, from CoreLogic The Briefing BY CARL G. PRY A regular column on critical compliance topics by Treliant Risk Advisors 102 Price Watch The Fraud File Highest-risk MSAs for mortgage fraud, from Interthinx 113 BY MATTHEW BIGGERS Valuation experts weigh in on appraisal topics The Appraisal Accuracy Index Differences in appraised values vs. sales contract prices, from Platinum Data 114 Home-Equity Highlights Home-equity origination and delinquency trends, from Equifax 115 Marketrac Markets with highest share of distressed sales 116 Loan Rate Monitor Monthly trend data for various mortgage products with current market commentary, from Informa 117 Mortgage File Tracker Mortgage loan origination file quarterly statistics, from VirPack 118 Vital Statistics Key economic indicators, interest rates, plus housing numbers 120 Index to Advertisers 52 86 M O R T G A G E B A N KI N G | 4 | MARCH 201 5