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Month: July 2013

July 31: Mortgage jobs; eminent domain embraced by California city; no Mel Watt vote til September; Libor lawsuits

Posted on July 31 by Rob Chrisman

I used to look at my dog and think, “If you were a little smarter, you could tell me what you were thinking.” And she’d […]

Posted in Daily Mortgage News

July 30: Mortgage jobs; EverBank to focus on correspondent; CFPB weighs in on ECOA & ARM disclosures; FHA MIP disclosure issue?

Posted on July 30 by Rob Chrisman

Uh oh, just as I head to New York, this comes up. When the new MIP rules went into effect, disclosures needed to be updated. A […]

Posted in Daily Mortgage News

July 29: Mortgage jobs; Freddie’s deal; What happens if an LO owns a piece of a title company? How ’bout those jumbo rates?

Posted on July 29 by Rob Chrisman

I am visiting Montana, and Butte just wrapped up “Evil Knievel Days” over the weekend. (I had an acquaintance who was married to his sister […]

Posted in Daily Mortgage News

July 27: Comments on non-QM loans & other topics; M&A activity alive and well or fading: a list; KPMG study on bank mergers

Posted on July 27 by Rob Chrisman

“Rob, are other industries being fined, penalized, “tapped on the shoulder” by the CFPB?” Yes, but I am not going to list them here. But […]

Posted in Daily Mortgage News

July 26: UBS settles with FHFA; bank lending trend; Wells bales and sails on JVs – no big deal? So you want a speaker from the CFPB?

Posted on July 26 by Rob Chrisman

What is a forint? Besides being a good scrabble or hangman word, it is the currency of Hungary. I mention this because, in Hungary, borrowers […]

Posted in Daily Mortgage News

July 25: Mortgage jobs in CA; comments on LO comp plans and 3% QM cap & LLPAs; free QM webinar

Posted on July 25 by Rob Chrisman

“America is the only country where a significant proportion of the population believes that professional wrestling is real but the moon landing was faked.” There […]

Posted in Daily Mortgage News

July 24: Mortgage secondary & production jobs; CFPB goes after Castle & Cook on LO comp; good news in MI earnings; good rumor on QRM

Posted on July 24 by Rob Chrisman

It is hard to drive by a corner without seeing a gas station or a bank these days. That doesn’t mean banks are all huge, […]

Posted in Daily Mortgage News

July 23: Mortgage jobs; a primer on FHA 203(k) loans – yes, they’re alive and well; chatter on general rate trends

Posted on July 23 by Rob Chrisman

I want one of those jobs where people ask, “Do you actually get paid for doing this?” Most folks involved in lending or real estate […]

Posted in Daily Mortgage News

July 22: Mortgage production jobs; watching REIT performance; another big settlement; NY State’s FHA/subprime nightmare

Posted on July 22 by Rob Chrisman

We’ll see a lot of housing news this week. Recently May 2013’s, and before that April’s, national and regional prices showed continued improvements – a […]

Posted in Daily Mortgage News

July 20: Yes, there are changes in the industry; state-level news, including hubbub in New York

Posted on July 20 by Rob Chrisman

The thing about not actually working for a company is that I can spout off about whatever I want. So when I hear opinions about […]

Posted in Daily Mortgage News

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Recent Posts

  • June 1: Servicing mgt. job; non-QM, HELOC, AI, LOS, eVault tools; gov’t loan program changes; bond investor thinking
  • May 30: STRATMOR on latest scam; Vieaux on collaboration; vendor news; Saturday Spotlight: Advantage Partners Solutions
  • Guidance Delivered Differently
  • May 29: LO, Ops jobs; partnerships sought; hedging, non-QM, FCRA credit reports, PreQual, non-Agency product news
  • Michael Tannenbaum on Why Mortgage Technology Keeps Failing Mortgage

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