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Month: June 2014

June 18: Mortgage jobs; SunTrust & Ocwen settlements; mortgage investors borrowing from FHLBs

Posted on June 18 by Rob Chrisman

Merlin Pearson writes, “Statistics are like a lamp post to a drunk. They are used far more for support than they are for illumination.” A […]

Posted in Daily Mortgage News

June 17: More jobs & correspondent investors; Supreme Court to hear LO overtime case; training & events are out of control!

Posted on June 17 by Rob Chrisman

Economists call it “wage source”. In a nutshell, it’s how you obtain your cash. Many work in order to fill their bank accounts; however, in […]

Posted in Daily Mortgage News

June 16: Mortgage jobs; CFPB openings & salaries; LO comp splits & referral fees; why do people move?

Posted on June 16 by Rob Chrisman

This week is a busy travel week for me (Minneapolis, Kansas City, and Atlanta), but people are also busy permanently moving; that’s a good thing, […]

Posted in Daily Mortgage News

June 14: Latest NMLS originator stats; good news on future buybacks; Zillow’s accuracy; LO referral structures

Posted on June 14 by Rob Chrisman

I am fortunate enough to have a pretty heady bunch of topics today, including information on Fannie & Freddie new reps and warrants (and how […]

Posted in Daily Mortgage News

June 13: Mortgage company opportunities; very interesting non-agency/jumbo news; CFPB fines a title company

Posted on June 13 by Rob Chrisman

We’re racing toward the Summer Solstice, with the most daylight in the Northern Hemisphere, but Happy Friday the 13th AND a full moon! This combination […]

Posted in Daily Mortgage News

June 12: Mortgage jobs versus job cuts; bank M&A; MBA reports on lack of profits for mortgage banks; homebuilder’s misleading ads

Posted on June 12 by Rob Chrisman

$650,000 is a lot of money for many companies. That was the amount of the latest fine levied by the FTC on a Pennsylvania home […]

Posted in Daily Mortgage News

June 11: Mortgage jobs; Lehman Brothers bankruptcy motion’s impact on lenders; lots of events & training in the next two weeks!

Posted on June 11 by Rob Chrisman

Appraisers run across all types of buildings. But how about this set of buildings, constructed to look like exactly what goes on inside the building? […]

Posted in Daily Mortgage News

June 10: Mortgage jobs; the CFPB & AMCs; lots of lender updates & new non-QM investor; who is Connective?

Posted on June 10 by Rob Chrisman

“Action will be taken to prevent the next disaster as soon as possible after it has occurred.” In an unrelated topic, although in the same […]

Posted in Daily Mortgage News

June 9: Mortgage jobs; credit availability increasing; CFPB’s supervisory highlights; student debt: ughh

Posted on June 9 by Rob Chrisman

I don’t know where this topic falls, somewhere between “That’s mildly interesting”, and, “So what?” Although I bike a lot, I might fall into the, […]

Posted in Daily Mortgage News

June 7: Letters on vetting underwriters, brokers changing fees, preferred service providers, cool Realtor apps

Posted on June 7 by Rob Chrisman

“Rob, is there a reputable site for free credit reports for our clients?” Yes, right here. Pass that along to your borrowers – the others […]

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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