Four Tips for Lender Flood Compliance 

Four Tips for Lender Flood Compliance 

by | Jun 17, 2022 | Compliance, Flood Insurance

As a lender, you are under increasing scrutiny by regulators to comply with federal flood insurance requirements. To avoid the risk of non-compliant loans and financial penalties, you need to understand four main areas before closing a loan in a FEMA-designated flood...
FHA Flood Audit Exposes Lender Risk

FHA Flood Audit Exposes Lender Risk

by | May 13, 2022 | Compliance, Mortgage

HUD audit reveals $4.5 billion risk to lenders from flood insurance gaps  In 2020, loan servicers were exposed to $4.5 billion in risk due to lack of proper flood insurance. This, according to a HUD’s Office of Inspector General’s (OIG’s) audit of FHA-insured...
Musical jobs: Will you have a seat when the music stops?

Musical jobs: Will you have a seat when the music stops?

by | Feb 1, 2022 | Blog

The pandemic created the largest game of musical chairs the job market has ever seen. Millions left their jobs during this Great Resignation. Pandemic stress, lifestyle changes, and the availability of remote work empowered professionals to reconsider their employment...
Remote Work…It’s Not Exactly Living Up to the Hype

Remote Work…It’s Not Exactly Living Up to the Hype

by | Nov 17, 2021 | Blog

Two years ago, the idea of working remotely was the stuff of employee fantasy and seemed to be reserved for West Coast startups and tech giant worker bees. When the COVID lockdown hit, companies scrambled to keep things moving with an off-site workforce. To the...
Post-COVID Hiring Roulette: Get Your Game On

Post-COVID Hiring Roulette: Get Your Game On

by | Jun 24, 2021 | Blog

After a long and stressful 2020, workers are stressed out and burned out—and they want new opportunities. And they’re no longer willing to settle. Companies are struggling in a huge way to fill positions, and candidates are few and far between.  Pandemic Burnout....
Long-Term Money and Sustainability

Long-Term Money and Sustainability

by | May 6, 2021 | Blog

This is the last of three articles in Newbold’s Fifteenth Anniversary Series by the company’s founding partners. As you might have read in Dan’s blog, Newbold was started opportunistically and long-term sustainability wasn’t a big concern of ours because we were...
Newbold: Capitalizing on a Strong Foundation

Newbold: Capitalizing on a Strong Foundation

by | May 4, 2021 | Blog

Pictured above: Newbold partners Terry Couto, Robert Simpson, Tim Gaven, Dan Reiman, and Michael Wade This is the second of three articles in Newbold’s Fifteenth Anniversary Series by the company’s founding partners. Newbold had two objectives from Day One:...
Newbold: Looking Back on 15 Years

Newbold: Looking Back on 15 Years

by | Apr 27, 2021 | Blog

This is the first of three articles in Newbold’s Fifteenth Anniversary Series by the company’s founding partners pictured above (l to r) Tim Gaven, Terry Couto and Dan Reiman. “Calling your baby ugly,” in consulting terms, means telling you that something you...
COBOL: Still Relevant in 2021. Wait, What?

COBOL: Still Relevant in 2021. Wait, What?

by | Mar 2, 2021 | Blog

Online banking apps and the 21st-centery technology that fuels them are now a part of our everyday lives.  The pandemic has even pushed those financial services stalwarts who relied on brick-and-mortar banking to begin using their bank’s online and app-based...
Newbold Team Spotlight On … Nathan Norris

Newbold Team Spotlight On … Nathan Norris

by | Feb 19, 2021 | Blog

Position: Senior Business Development Manager Office location: Austin, TX Phone: 512-206-6411 Email: nnorris@newboldadvisors.com As one of Newbold’s newest team members, Nathan Norris has a fresh take on what it’s like to join an organization (during a...