Blog | Chrisman Commentary

6 hours ago

Nov. 23: Thoughts on appraisal waivers, motivating builders, and an Agency shakeup in 2025; vendor news; the ol' turkey prank

The internet is good for some aspects of the news, like telling us that Trump is nominating Scott Bessent to be the Treasury Secretary....

Rob Chrisman

1 day ago

November

Nov. 22: Ops manager job; eRESI capital infusion, warehouse mgt. tool; Fannie's forecast & Freddie's repurchase alternative; turkey humor

Want a house for a dollar? Italy has them … figure out the impact on comps for appraisals! To the best of my knowledge, my cat Myrtle...

Robbie Chrisman

2 days ago

Thought Leadership

Impacts of Trade, Policy, and Inflation on Mortgage Rates and the Housing Industry

The economic aftershocks of the COVID-19 pandemic, which have shaped both domestic and global markets over recent years, are gradually...

Rob Chrisman

2 days ago

November

Nov. 21: Correspondent, appraisal waiver, loan sales, fee collection tools; Primer on MBS classes; non-Agency news

This morning I head from Columbia, MO (“COMO”… big thumb’s up for Sophia’s Italian) to Kansas City for the KC MBA luncheon . I have seen...

Rob Chrisman

3 days ago

Thought Leadership

The President of the United States Doesn’t Set Rates

But policies impact them. Although the general population may not grasp that fact, those in our industry know better, or should. While...

Rob Chrisman

3 days ago

November

Nov. 20: U/W, LO, AE jobs; customer service, cybersecurity, LLPA protection tools; STRATMOR on repurchases; Politicians don't set mortgage rates: policies do

“I thought swimming with dolphins was expensive until I went swimming with sharks. It cost me an arm and a leg.” Through the wonders of...

Rob Chrisman

4 days ago

November

Nov. 19: Servicing, LO jobs; jumbo, non-QM, milestone, HMDA review tools; impact of disasters on GSE loans; interview with Cross Country's Matt Weaver

“What do giraffes and zoning regulations have in common? They both don't exist in Texas.” I am not heading there for a while, but instead...

Marvin Chang

5 days ago

Thought Leadership

Why Consumer-Centric Product Management is Key to the Future of Mortgage Lending

While none of us possess a crystal ball, signs point to major transformation driven by a combination of higher-for-longer interest rates,...

Rob Chrisman

5 days ago

November

Nov. 18: LO jobs, personnel moves; FHA, HELOC, VOIE, DPA products; webinars & training this week; climate impact interview

“I didn't make it to the gym again today. That makes five years in a row.” I did, however, make it to the aerodrome over the weekend,...

Rob Chrisman

Nov 16

November

Nov. 16: The direction of Freddie & Fannie; STRATMOR on customer experience; vendor news; Saturday Spotlight: TransUnion

Sometimes, in the mortgage process, speed is critical. The same with drive-through food. Taco Bell has done it, coming in with the...

Robbie Chrisman

Nov 15

Thought Leadership

MBS Settlements and Dollar Rolls

In the world of MBS, Class A and Class B dollar rolls happened this week. Class A, B, and C MBS (mortgage-backed securities) refer to the...

Rob Chrisman

Nov 15

November

Nov. 15: LO jobs; secondary, AI workflow, appraisal waiver, HMDA analysis, lead gen tools; MBA reports costs of $10,716 per loan

"To the person who stole my glasses. I will find you; I have contacts." Here in Cleveland, much of the mortgage talk involves conjecture...

Rob Chrisman

Nov 14

November

Nov. 14: LO jobs & retail transitions; corresp., wholesale, document automation tools; FHA, USDA changes; Mark Calabria interview

Demographics matter. Although I am sending today’s Commentary out from a Dunkin’ near Columbus, Ohio, yesterday I found myself visiting a...

Rob Chrisman

Nov 13

November

Nov. 13: Broker opportunities; capital markets class, CFO oversight, correspondent, non-QM products; Freddie & Fannie changes

“When I was young man, I met a girl in Tennessee who turned out to be a moonshiner’s daughter. That was a long time ago. But I love her...

Rob Chrisman

Nov 12

Thought Leadership

The Election is Over, the Die Has Been Cast

Neither candidate for president discussed the dire deficits facing the United States, nor did either talk about a reduction in spending....

Rob Chrisman

Nov 12

November

Nov. 12: Product mktg. mgr. job; non-QM, shared appreciation, closed 2nd, AVM, SOC compliance tools; webinars & training this week

What would lenders do without telephones and phone calls? In 1947 area codes were created by AT&T. Metropolitan areas were given low...

Rob Chrisman

Nov 11

November

Veterans Day: LO job, JV partners, lenders wanted; HELOC, affordable housing, refi analysis tools; primer on why extensions cost money

My newsfeed says that a sea lion escaped from the Atlanta Aquarium. Apparently, they have to re-seal the tank. Today, I head to Atlanta,...

Rob Chrisman

Nov 9

November

Nov. 9: Changes in government personnel ahead? Thoughts on less regulation but higher rates; Saturday Spotlight: MoneyThumb

Money is a funny thing. Do you have a Starbucks gift card in your car’s glove box or purse? You’re not alone: in its report on Q3...

Brian S. Levy

Nov 8

Thought Leadership

Townstone Settles-Peak Fair Lending Enforcement?

Enforcement’s Failure I have written numerous times about the failure of 50 years of fair lending enforcement to move the needle for...

The AI Mortgage Landscape – The Risk Weighting of Incorporating AI into Your Company

Matthew VanFossen

Nov 8

Thought Leadership

The AI Mortgage Landscape – The Risk Weighting of Incorporating AI into Your Company

Artificial Intelligence, or AI, is the new buzzword across the world, regardless of industry. This includes the U.S. mortgage...

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