Common Sense from The Commonwealth
Check out our insightful Blogs on the current state of the Mortgage Industry
Navigating Risks in Mortgage Underwriting: Risk Management vs. Risk Elimination
Risk elimination in mortgage underwriting rejects any imperfect loan to avoid all risk, while risk management assesses and mitigates risks to enable responsible lending and portfolio growth.
Flexibility Drives Profitability - Value Drives Success
In the mortgage world, chasing the cheapest vendor often leads to hidden headaches like delays, compliance fines, and rework—while choosing a flexible, expert partner like The Commonwealth Group delivers faster closings, lower long-term costs, strong risk protection, and real profitability through one-stop services including underwriting, condo reviews, and compliance.
The Critical Role of Cybersecurity in Mortgage Lending: Protecting Your Business & Clients
In an era of digital transformation in the mortgage industry, cybersecurity is crucial for protecting sensitive data and ensuring compliance. The post discusses threats like ransomware and phishing, vulnerabilities in the sector, consequences of breaches, regulatory requirements, and best practices for strengthening defenses.