July 8: Mortgage jobs; the MBA’s work on APOR and margin best practices; new lawsuits; the return of long-terms lock talk
Bananarama sang, “It’s a cruel … cruel … cruel summer, Leaving me here on my own, It’s a cruel … it’s a cruel … cruel […]
Month: July 2013
July 6: Reader comments on HPML issues, and the viability of the mini-correspondent program
The reader comments continue to come in on various topics, such as high priced loans or the viability and legality of the mini-correspondent channel, etc. […]
July 5: CFPB update; lender and investor updates – is now the time to sell stock? Rates rise more on unemployment data
On this half-staffed Friday, let’s take a look at what is the CFPB is up to. Quite a bit, but one can start by digesting […]
July 3: Mortgage jobs; Basel III approved by Fed – watch regulation costs rise; Fitch addresses Nationstar bonds; as expected mortgage apps plummet last week
Okay, this week is dragging, many folks are off anyway, locks are bumping along the bottom, so I am going to switch things up a […]
July 2: More chatter on mini-corr, shrinking margins, selling caps; new Freddie security; Citi settles with Fannie
The Mortgage Bankers Association of the Carolinas received this question: “Can we close a loan if we discover that the borrower did not sign his/her […]
July 1: Capital Markets job; Basel III vote tomorrow; chatter about mini-corr, affiliate relationships, warehouse lines, and brokers
Yes, the bond markets are closing early on Wednesday, and we all have a day off Thursday. Thursday is the 4th of July. Everyone living […]