Aug. 31: Tales of football toughness; comments on the broker channel; CFPB’s new officers; a retirement letter
Okay, football season is upon us – see the joke at the bottom. And what are sports without a little deviousness? A very short clip: […]
Month: August 2013
Aug. 30: Deals from Radian & Freddie, Prosperity and F&M Bank & Trust; MBA’s per loan profit numbers; comp survey expanded
I have an aging dog, and was asked if I was going to buy joint medication for her old hips. I replied that I didn’t […]
Aug. 29: A primer on GDP; here’s a riddle for you: what has 500 pages and 3 letters? And what does it mean?
Affordability has a strong impact on homeownership. Not surprisingly, per the NRA, I mean the NAR, four of five states with the lowest homeownership rates […]
Aug. 28: Mortgage jobs & warehousing for brokers; Chase’s $6 billion lawsuit; will your vendor be ready for the CFPB’s changes?
There are lots of training videos out there. But there aren’t many 0% down payment programs from the government – the USDA is about it. […]
Aug. 27: Mortgage jobs; QRM – tomorrow; more on fingerprints, and changing LO comp; are purchases worth more than refis?
I am spending some time in Kansas, and some of the discussion is about how hiring is so much more interesting and fun than eliminating […]
Aug. 26: Mortgage jobs; Reg. Z appraisal reminder; Can LO commission change due to investor? Do LO fingerprints expire?
Here is an e-mail from Gary B. up in Washington: “Rob, I work for a mortgage bank, and we’d heard that that LOs have to […]
Aug. 24: Readers contribute on Rapid Rescoring, defining affiliated business relationships, renting space in a Realtor’s office, and appraisal compliance
With so much going on in the lending, banking, and real estate business, let’s take a look at some thoughts from readers across the nation […]
Aug. 23: Mortgage jobs; foreclose timelines; VA Net Value change; bank & credit union M&A rolls on unabated
When S&P downgraded the United States (remember that?), it did absolutely nothing to Treasury rates, and certainly didn’t seem to motivate Congress to do much […]
Aug. 22: Mortgage jobs; lending biz hunkering down but the economy’s numbers are good; loanDepot & imortgage to tie the knot
Many parents of young adults grapple with the, “Do we help little Sage buy a home, or let him rent?” question. The Wall Street Journal […]
Aug. 21: Sales & Secondary jobs; broker’s share of biz drops; Fannie & Freddie update policies including QM/ATR, ULDD, and fees
There is a lot of continued controversy and focus over the various compensation plans for loan officers and regulatory audits. Obviously, these comp plans must […]