Given the events of the past few months, mortgage market participants are under tremendous pressure to balance record loan application volume, a seemingly unending barrage of guideline changes, and documentation requirements fueled by COVID-19 pandemic related credit risk factors.
The COVID-19 pandemic has created extraordinary challenges for homeowners across the country. As one of the country’s largest mortgage companies, AmeriHome strives to prepare its customers, employees, and partners to navigate this crisis using the tools available.
For the May edition of the AmeriHome Angle, in the spirit of providing meaningful and timely content for our clients, partners and prospects, we spoke with key members of the AmeriHome Business Continuity Team to learn more about the deployment of the AmeriHome Business Continuity Plan (BCP) during the current pandemic.
As our nation’s consumers crusade for their right to privacy and more control of their personal data, California has become one of the first states to enact legislation attempting to usurp authority over privacy rights from existing federal law.