Daily Commentary - September

Sep 30

Sep. 30: LO jobs, partners wanted; trading app, warehouse, soft pull, reverse products; Helene & other disaster news; Fairway steps up

Well, this is the week that many have been waiting for: Fat Bear Week ! The nearly 600 mortgage folks here in Las Vegas at the ACUMA event...

Rob Chrisman

Sep 30

Daily Commentary - September

Sep. 28: Disasters... the new norm? Fairway reacts to Helene; Opinion about signing bonuses; Saturday Spotlight: Wilqo

“Why did the Dalai Lama go to Las Vegas? Because he loves Tibet.” Tomorrow I head to Las Vegas for the ACUMA event , and I highly doubt...

Rob Chrisman

Sep 27

Daily Commentary - September

Sep. 27: LO jobs; Credit scoring, AI closing, POS tools; STRATMOR & customer experience; today's live shows; Misc. investor news of note

“Who was the first person that used technology? Moses. He had two tablets that were connected to the cloud.” Technology is a two-edged...

Rob Chrisman

Sep 26

Daily Commentary - September

Sep. 26: Hedging, correspondent, accounting, pre-qual, auditing tools; lots of VA, USDA, FHA news; dour predictions

We’re all following Hurricane Helene and its impact on lives and housing stock in the news. Will Rogers famously said, “All I know is...

Rob Chrisman

Sep 25

Daily Commentary - September

Sep. 25: LO jobs & promotions; DPA, non-QM, marketing, investor auction products; webinars & events to close out September

“My people skills are fine. It's my tolerance for idiots that needs work.” Fortunately, in our business we have very, very few of those,...

Rob Chrisman

Sep 24

Daily Commentary - September

Sep. 24: Cap. mkts., LO jobs; DPA, servicing, loss mit, borrower retention tools; Disasters: Nature bats last; Hispanic Wealth Project

Today I leave Illinois, with the world’s largest corn maze , and head to Nebraska, with the world’s largest ball of stamps , things that...

Rob Chrisman

Sep 23

Daily Commentary - September

Sep. 23: AE jobs; commercial, HELOC, productivity, VOIE, LOS, FICO 10T tools; credit tool webinar; LO comp opinion

Summer has officially come and gone; the autumn equinox was yesterday. Columbus Day, Halloween, Veteran’s Day, and Thanksgiving are in...

robbiechrisman

Sep 23

Daily Commentary - September

Sep. 21: Remember the deficit? Trigger lead news; last time's government shutdown primer; Saturday Spotlight: TransUnion

Unlike this zoo in China that tried to pass off painted dogs as pandas , the Fed is not trying to deceive anyone. (Bumbling thief video...

Rob Chrisman

Sep 20

Daily Commentary - September

Sep. 20: Capital markets, LO jobs; VOE, buydown products; STRATMOR's view of servicing rights; training & webinars next week

“Someone asked me if I had plans for the fall. It took me a moment to realize they meant ‘autumn’ and not the fall of civilization.” The...

Rob Chrisman

Sep 19

Daily Commentary - September

Sep. 19: Hedging, correspondent, AI, QC findings, non-QM tracking tools; Medicare/SS for clients; bonds "buy the rumor, sell the news"

“A Native American, pirate, and Frenchman walk into a bar. The bartender says, ‘Gentlemen, hau, arrrrrrr, oui, today?’” No one has to...

Rob Chrisman

Sep 18

Daily Commentary - September

Sep. 18: Broker jobs; Correspondent, AVM, processing tools; Lender M&A continues; Reverse redlining case; STRATMOR on LO & regional pay

“Q: What does a dyslexic pirate say? A: RRRRRRA!” Humor aside, many in our industry have faced adversity, dyslexia and more, and I...

Rob Chrisman

Sep 17

Daily Commentary - September

Sep. 17: DPA, shared appreciation, loss mit, insurance, subservicer oversight products; let the conf. loan limit changes commence

Does it give you a sense of permanency if you think about how you’re looking at the same moon as pirates did 300-400 years ago? There’s a...

Rob Chrisman

Sep 16

Daily Commentary - September

Sep. 16: Recruiting job; Secondary, construction, workflow, HELOC products; Curbio's settlement; webinars & training this week

The Pirate goes to the dermatologist and says, “Arrg, I got moles.” The dermatologist says, “Don’t worry, they’re benign.” The Pirate...

Rob Chrisman

Sep 14

Daily Commentary - September

Sep. 14: Be careful with headline language; Letters on immigration, the broker model, and management; Saturday Spotlight: Moneythumb

Did you know that “boughten” is a word? I didn’t until I challenged someone about it and then looked it up. It is! When was the last...

Rob Chrisman

Sep 13

Daily Commentary - September

Sep. 13: LO jobs, partnering companies sought; direct non-Agency buyer; Qualification tool; upcoming in-person conferences

“I pay you to handle my loan and give me a good program with a competitive rate, not predict things you can’t.” At a recent event, a top...

Rob Chrisman

Sep 12

Daily Commentary - September

Sep. 12: Sales mgt., AE jobs; MSR, servicing, QC, productivity products; CFPB fines TD Bank $28 million on credit issues

“Honey, what did you do today?” “Well…” People do some cockamamie stuff against all odds. What are the odds of a lender or LO retaining...

Rob Chrisman

Sep 11

Daily Commentary - September

9-11: AE, Ops jobs; DSCR, DPA, corresp. broker programs, conv. conforming nuggets; MBA's eye on the FHFA; Ginnie's growth

When I board an airplane, it is to go from point A to point B, like today from Denver to San Francisco. As long as it’s on time and...

Rob Chrisman

Sep 10

Daily Commentary - September

Sep. 10: VOE, subservicing, DPA, HFA, warehouse products; Polly's capital raise; upcoming events, education, and training

Every once in a while, a new loan program is “invented.” Lenders have to make sure they’re doing it correctly . (Don’t try this at home.)...

Rob Chrisman

Sep 9

Daily Commentary - September

Sep. 9: AE jobs; internal audit, BI, non-QM, LOS, refi research, commercial offering tools; Freddie & Fannie news; housing & politics

Forget ATR. What about ATN? The Ability to Nap. Here in Denver, at The Mortgage Collaborative event, napping is not on the agenda… Every...

Rob Chrisman

Sep 7

Daily Commentary - September

Sep. 7: Saturday Spotlight: TransUnion; Letter on the housing shortage; App data; What if dads gave press conferences?

There are plenty of sports nuts in real estate and lending, and when you combine the two, well, you’d think it would be a match made in...

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