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Month: February 2014

Feb. 17: Mortgage jobs & branch opportunities; servicing market continues to chug along; lender & investor updates

Posted on February 17 by Rob Chrisman

Underwriters will soon be entering that netherworld where they want 2013 tax returns, but borrowers just don’t have them yet. With that in mind, here’s […]

Posted in Daily Mortgage News

Feb. 15: The current state of builder business, preferred lenders, incentives, and the CFPB’s take on it; a great joke

Posted on February 15 by Rob Chrisman

The easy refi business is pretty much gone for most lenders in residential lending – which basically leaves purchases. Over the last 6-8 months many […]

Posted in Daily Mortgage News

Feb. 14: Mortgage jobs; BofA layoffs; Wells’ volume up to 65% purchase & “edging” into subprime”; lender updates

Posted on February 14 by Rob Chrisman

“A new study has found that women with large backsides live longer than men who mention it.” I couldn’t resist that one, given today being […]

Posted in Daily Mortgage News

Feb. 13: Mortgage jobs; the market for servicing is spooked, which could hit mortgage pricing; is PHH Mortgage up for sale?

Posted on February 13 by Rob Chrisman

“Rob, my cousin asked me if there were any consumer groups that focused on homeowners. Do you know of any?” The one that jumps to […]

Posted in Daily Mortgage News

Feb. 12: Mortgage jobs & Digital Risk layoffs; 3% fee clarification; state compliance news including Washington’s unusual requirements

Posted on February 12 by Rob Chrisman

Atlanta has too much snow and slush, and is staying home. California, however, is in the midst of a terrible drought – and it is […]

Posted in Daily Mortgage News

Feb. 11: Mortgage jobs; Barclays lay-offs; Fifth Third cuts Washington; Indiana mortgage company purhased

Posted on February 11 by Rob Chrisman

Hey, who wouldn’t want to have some steel-cut oatmeal with FHA Commissioner Carol Galante? Ride a ski lift with HUD Secretary Donovan? Argue over a […]

Posted in Daily Mortgage News

Feb. 10: Mortgage company opportunity; NMLS updated; compensation survey; appraisal news; HUD changing application process

Posted on February 10 by Rob Chrisman

Instead of “the John”, I call my bathroom “Jim”. It sounds better when I say, “I always go to the Jim first thing in the […]

Posted in Daily Mortgage News

Feb. 8: Letters on bank vs. non-bank LO licensing, early pay off penalties, the difference between rules and laws, etc.

Posted on February 8 by Rob Chrisman

Will Rogers reportedly said, “The difference between death and taxes is that death doesn’t get any worse when Congress meets.” Derek B writes, “I am […]

Posted in Daily Mortgage News

Feb. 7: Bank merger mania; CFPB on using HMDA data, exam procedures; Wells – Ocwen servicing deal iced

Posted on February 7 by Rob Chrisman

“If you want to go fast, go alone. If you want to go far, go together.” This African proverb could apply to bicycle racing, but […]

Posted in Daily Mortgage News

Feb. 6: Mortgage jobs; e-signatures advance; something smells fishy in the primary & secondary markets

Posted on February 6 by Rob Chrisman

Sometimes I just want to head out of the country and head to some place like Key West or San Francisco. Seriously, how many Americans […]

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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