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Month: August 2014

Aug. 19: Mortgage jobs; Affiliated-Envoy lawsuit; MBA networking groups; MISMO update; recent Agency news

Posted on August 19 by Rob Chrisman

It is fun to see that U.S. homebuilder confidence rose to a seven-month high, primarily driven by lower mortgage rates and an improving jobs market […]

Posted in Daily Mortgage News

Aug. 18: Mortgage production jobs; non-performing loan market on fire; rates back to 6/13 levels but production may drag

Posted on August 18 by Rob Chrisman

Say what you will about Zillow (and people do), the firm does not fall short as a driver of information. As many in the industry […]

Posted in Daily Mortgage News

Aug. 16: Great notes on ECOA & appraisals, DAPs, Realtor fees, private capital, prison time for lenders, etc.

Posted on August 16 by Rob Chrisman

Plenty of money is merely paper, which the public trusts to be backed by the government. And counterfeiting is a problem. For something non-mortgage related […]

Posted in Daily Mortgage News

Aug. 15: Another correspondent lender bails out; FHLB Atlanta joins MPF program; REITs join non-QM fray; the rise of the vendor

Posted on August 15 by Rob Chrisman

Guess what opened up on this date 100 years ago? No, it wasn’t the first Starbucks. The Panama Canal opened. Do you think the mortgage […]

Posted in Daily Mortgage News

Aug. 14: Mortgage jobs; bank M&A; Mr. Stevens explains the reason for overlays; do we have a lack of demand for MBS?

Posted on August 14 by Rob Chrisman

Here’s a story for the guys in IT. In “the old days” hotel rooms actually had keys, and hotels didn’t have computers. But now most […]

Posted in Daily Mortgage News

Aug. 13: Mortgage jobs; Amerisave’s $19 million CFPB fine; Ginnie & nonbank servicers; new correspondent and non-QM programs

Posted on August 13 by Rob Chrisman

“The Bureau found that Amerisave lured consumers by advertising misleading interest rates, locked them in with costly up-front fees, failed to honor its advertised rates, […]

Posted in Daily Mortgage News

Aug. 12: Mortgage jobs & change in FHA leadership; servicing continues to trade – changes in CT? Vendor updates

Posted on August 12 by Rob Chrisman

Under the “misery loves company” category for those in the residential lending business, it is interesting to watch the media focus shift onto the payday […]

Posted in Daily Mortgage News

Aug. 11: Mortgage jobs; catching up with the MBA and CFPB on privacy, RESPA-TILA, Reg. C, and servicing rules

Posted on August 11 by Rob Chrisman

Most professional baseball teams still have 30+ games left in their season (out of 162), and there is plenty of jockeying in the media regarding […]

Posted in Daily Mortgage News

Aug. 9: Deutsche Bank piece on the lack of MBS; “I can finance a car in less than an hour, why should a house take 2 months?”

Posted on August 9 by Rob Chrisman

Willie Sutton, when asked why he robbed banks, supposedly replied “It’s where the money is.” And this week we had the Bank of America/Department of […]

Posted in Daily Mortgage News

Aug. 8: Mortgage company opportunity; Ellie snags AllRegs; what investor & builder earnings tell us about the industry

Posted on August 8 by Rob Chrisman

For state specific news, we certainly hope folks in Hawaii weather the storms bearing down on them, but from Indiana we learn that Springleaf Finance […]

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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