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Month: August 2013

Aug. 20: Mortgage jobs; Realtor’s in-house lenders & builder/lender offices; FinCen compliance; with job changes are non-competes valid?

Posted on August 20 by Rob Chrisman

One can have a lot of fun with statistics. If I own one dog, and adopt another, my dog population has gone up 100%. The […]

Posted in Daily Mortgage News

Aug. 19: Mortgage production jobs; appraisal AIR links; last week’s CFPB changes including ATR/QM; upcoming training & seminars

Posted on August 19 by Rob Chrisman

I am heading off to Indiana this morning, but still had time to catch this OCC release about a company to cheat consumers who are […]

Posted in Daily Mortgage News

Aug. 17: Letters on QM, eminent domain, LO comp, the increasing mountain of rules, mortgage brokers, etc.

Posted on August 17 by Rob Chrisman

The real estate, banking, and lending industries are filled with smart entrepreneurs, many of whom have valuable input and suggestions on dealing with the current […]

Posted in Daily Mortgage News

Aug. 16: Servicing revenue gains in importance; lender margin survey; LO comp continues as an issue; amazing all-cash buyer numbers

Posted on August 16 by Rob Chrisman

“Rob, who out there is doing $2 million condo loans in Florida?” Darned if I know. But I know where you can go to maybe […]

Posted in Daily Mortgage News

Aug. 15: Mortgage jobs & opportunities; HUD weighs in on eminent domain; Berkshire buys more of Wells; will QM=QRM?

Posted on August 15 by Rob Chrisman

Here is an interesting note I received from a capital markets VP in Florida: “Rob, I have nicknamed my company’s sales staff the ‘If only’s.’ […]

Posted in Daily Mortgage News

Aug. 14: Mortgage jobs; Western Sky lawsuit; Europe’s economy improving; issue with Freddie increasing market share; rate locks continue down

Posted on August 14 by Rob Chrisman

Per the recent post regarding the STRATMOR Group’s mid-year survey, over 50 lenders have responded to the STRATMOR Survey on what actions lenders are taking […]

Posted in Daily Mortgage News

Aug. 13: Mortgage jobs; fraud stats overstated; mortgage banker margins; fine-tuning nation’s LO and lender numbers

Posted on August 13 by Rob Chrisman

They say that sensational headlines sell newspapers, but when incorrect, the retraction shows up on page B3 at the bottom. In this case, “President Barack […]

Posted in Daily Mortgage News

Aug. 12: Mortgage jobs & layoffs; CFPB goes after PNC; TARP lawsuit; STRATMOR survey on response to higher rates

Posted on August 12 by Rob Chrisman

Periodically I am asked, “Do you know how many LOs there are in the nation?” And folks periodically write and ask, “How many lenders are […]

Posted in Daily Mortgage News

Aug. 10: Letters from readers on Congress & the GSEs, borrower data, what constitutes an application, and mini-corr

Posted on August 10 by Rob Chrisman

Instead of cartoons on this Saturday morning, how about a little “comedy” about big bank fines, and related matters from The Daily Show Thursday: http://www.thedailyshow.com/full-episodes/thu-august-8-2013-kirsten-gillibrand#. […]

Posted in Daily Mortgage News

Aug. 9: Mortgage jobs; more BofA legal woes; primer on eminent domain, its tax consequences, and its lawsuits

Posted on August 9 by Rob Chrisman

Those in the lending industry are more concerned with the future, but we (along with the public, regulators, Congress, and so on) continue to be […]

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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