Muruks buried at Kalabond

first_imgOlo racked up14 points (three tries and one conversion) to give the home side their second win for this season after three rounds.Leading 20-0 going into the second half, the Gurias kept up the intensity, starving the Muruks of possession. The Muruks were their own worst enemy with poor ball control and defence ruling their game.Olo made light work of the weary Muruks as he danced around several defenders to cross over for his third try of the game in the 60th minute.The score went up to 30-0 five minutes later when Jason Missian sliced through the Muruks’ defence to score under the posts. Taking over the kicking duties, Olo had no trouble converting the try.The Muruks managed to find the try line after 78 minutes when Boas Minape caught the defence napping and rushed over to score on the wing. Minape’s attempt to convert his own try was unsuccessful right on the full time siren.This is the second loss this season for the Southern Highlands side.last_img read more

Mortgage Lenders Cautious of HighRisk Borrowers

first_img The non-qualified mortgage loan market has originators a bit wary toward borrowers and questioning if the risk is really worth it.Lenders are showing mixed feelings toward the non-qualified mortgage loan market, according to the Lenders One Mortgage Barometer, a new survey of 200 mortgage lenders conducted by Lenders One.The survey results found that although 64 percent of lenders stated that they originate non-qualifying mortgage loans, only 18 percent indicated that they do this often. Of the lenders that do no originate non-qualifying mortgage loans, 51 percent indicated that they are extremely or very likely to originate these types of loans in 2016.Lenders One also found that mortgage lenders are focused on gaining competitive edge through better customer service and faster origination and closing processes. Seventy-seven percent of mortgage lenders say better customer service will be the key to being competitive in 2016. Meanwhile, 71 percent of those surveyed indicated that improving the time from origination to closing will make them competitive.“Mortgage lenders are looking at 2016 as a year in which they will move toward a more growth-focused business strategy,” said Daniel T. Goldman, Interim CEO of Lenders One. “However, some external factors such as rising interest rates and a complex regulatory environment will continue to temper the pace at which mortgage lenders seek to expand.”Despite the upbeat consensus among lenders, they are still troubled by regulatory compliance and interest rates.A total of 73 percent of respondents said compliance with regulations and rising interest rates are extremely impactful to their business, while 68 percent said it was very impactful.Lenders One pointed out 3 compliance-related areas on which mortgage lenders are most focused:• TILA-RESPA Integrated Disclosure (TRID) (41 percent)• The Home Mortgage Disclosure Act (HMDA) (24 percent)• Consumer Financial Protection Bureau (CFPB) audits (14 percent) Mortgage Lenders Cautious of High-Risk Borrowers March 21, 2016 495 Views in Daily Dose, Data, Featured, News, Originationcenter_img High-Risk Borrowers Lenders One Mortgage Lenders 2016-03-21 Staff Writer Sharelast_img read more