November

1 day ago

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...

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

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...

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...

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

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...

Rob Chrisman

Nov 8

November

Nov. 8: Lenders wanted; HELOC, broker, appraisal, DPA products; why credit costs matter; Q3 earnings all over the map

Many believe, and with good reason, that there will be some turnover at the CFPB coming up. Here are the pay grades if you’re interested...

Rob Chrisman

Nov 7

November

Nov. 7: Best ex, hiring risk mitigation, DPA, correspondent, dashboard tools; MBA Prez Broeksmit on the election; why rates are up

You knew that Minnesota has 90,000 miles of shoreline, more than California, Florida, and Hawaii combined, right? Here at Servion’s ...

Rob Chrisman

Nov 6

November

Nov. 6: LO jobs; verification, AI, servicing tools; LO hiring risk mitigation; thoughts on the election, rates, and regulation; apps plummet

I went to a Vikings game with a friend and decided I wanted a drink. I wanted the big soda pop, but when I saw the price, I decided… A...

Rob Chrisman

Nov 5

November

Election Day: LO jobs; Customer intelligence, LOS, AVM, hedging tools; CU & DOJ & redlining; Freddie & Fannie keep changing things

I think that I read somewhere that there’s an election today (in addition to the Boeing strike ending). I hope that the losers are civil...

Rob Chrisman

Nov 4

November

Nov. 4: Ops, AE jobs, companies wanted; HELOC, Veterans, LOS, insurance products; webinars, events, training this week

Someone’s making money out there, right? Freddie and Fannie continue to earn billions, with a good chunk coming from g-fee income, and...

Rob Chrisman

Nov 4

November

Nov. 2: Job market suggests lower rates; vendor news; Saturday Spotlight: TransUnion; Moet & Chandon vending machines?

A recurring theme with humans is food and shelter. At this point, for many in our business, mortgages may not be considered a “growth”...

Rob Chrisman

Nov 1

November

Nov. 1: LO jobs; automated servicing, verification, pricing engine tools; investor portal changes; Insellerate interview; shared appreciation mortgages

Not only do most states “gain an hour” Sunday, but I have good news for all my readers. I am getting stronger with age. I can now lift...

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