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Month: August 2013

August 8: State-level lending changes – who can keep track? I have to keep LO web ads for how long?

Posted on August 8 by Rob Chrisman

Watching loan officer ads is a full-time job. The Mortgage Bankers Association of the Carolinas wrote up this compliance tidbit: “Are lenders required to retain […]

Posted in Daily Mortgage News

Aug. 7: Reverse mortgages in the news; the President’s mortgage plan & MBA’s response; FDIC videos on interest rate risk

Posted on August 7 by Rob Chrisman

We all feel let down once in a while – let down by a spouse that forgot an anniversary, let down by an underwriter who […]

Posted in Daily Mortgage News

Aug. 6: Mortgage secondary job; more LO comp implications & the C&C complaint; CFPB updates; Obama housing speech today

Posted on August 6 by Rob Chrisman

Here we are on the 68th anniversary of the bombing of Hiroshima, and I received this note. “Rob, what is the difference between ‘Secondary Marketing’ […]

Posted in Daily Mortgage News

Aug. 5: Mortgage jobs; higher flood insurance costs are here to stay; upcoming conferences & training events

Posted on August 5 by Rob Chrisman

“What do you hear about Bernanke’s replacement?” First off, most of the “news” articles are merely editorials – don’t expect anything before September. The Fed […]

Posted in Daily Mortgage News

Aug. 3: Reader comments on Castle & Cook, current volumes, point banks, and the definition of an application

Posted on August 3 by Rob Chrisman

I am hearing this similar refrain from everywhere in the nation: “I note the rosy news from the second quarter moved interest rates to a […]

Posted in Daily Mortgage News

Aug. 2: Mortgage jobs in secondary and at the MBA; are LO’s legally liable for their company’s comp plan?

Posted on August 2 by Rob Chrisman

Happy Friday, August 2nd. The U.S. Department of Housing and Urban Development (HUD) notified everyone that its offices are closed today due to government cutbacks. […]

Posted in Daily Mortgage News

Aug. 1: Mortgage jobs; where can I find the definition of a “mortgage application”?

Posted on August 1 by Rob Chrisman

“Do you ever hear about Freddie or Fannie doing anything illegal with regard to foreclosures?” Wow – that question is way above my pay grade! […]

Posted in Daily Mortgage News

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  • 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
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