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Month: January 2016

Jan. 19: Servicing & retail jobs; recruiting tool; trends in servicing transfers & bank mortgage pricing; Goldman layoffs

Posted on January 19 by Rob Chrisman

Tom Finnegan contacted me yesterday saying, “Rob, yesterday you published a list of reasons why loans are not currently being purchased. One of the statements […]

Posted in Daily Mortgage News

Jan. 18: MI, Ops, wholesale jobs; more TRID loan rejection reasons; BankUnited withdraws from retail lending because…

Posted on January 18 by Rob Chrisman

Some areas of the nation are seeing this more than others, but according to the latest CUNA Mutual Group Report, in the first nine months […]

Posted in Daily Mortgage News

Jan. 16: Letters about TRID pros and cons & impact on consumers, credit scoring; are builder incentives a RESPA violation?

Posted on January 16 by Rob Chrisman

I know it’s a Saturday, unless you’re reading this on a wintery Monday, so if you can spare 5 minutes, and enjoy knowing how something […]

Posted in Daily Mortgage News

Jan. 15: AE jobs & personnel moves; using HMDA as a business tool; more events; Goldman settlement, Lehman, and state legal updates

Posted on January 15 by Rob Chrisman

I’ve spent some time going through airport security last week & this week with time in Texas, Northern California, Colorado, and now Ft. Lauderdale for […]

Posted in Daily Mortgage News

Jan. 14: Various sales & Ops jobs across the nation; lender drops FICO from lending decisions; Stearns’ TRID defects

Posted on January 14 by Rob Chrisman

I’d recently heard of an English teacher in high school who preached, “Practice safe text, use commas…and never miss a period.” How about never miss […]

Posted in Daily Mortgage News

Jan. 13: Retail & wholesale jobs, new products; CFPB on construction loans; training events & conferences; FHLB mREIT news

Posted on January 13 by Rob Chrisman

Dodd-Frank rules require public companies to provide their shareholders with an advisory vote (non-binding) on the compensation of the most highly compensated executives at least […]

Posted in Daily Mortgage News

Jan. 12: Correspondent, retail, and Ops jobs; trends in documentation requirements and credit scores – what is HR 4211?

Posted on January 12 by Rob Chrisman

Seen recently: “The lottery gives you a one-in-two hundred million chance of not going in to work tomorrow. Alcohol gives you one-in-five.” What are the […]

Posted in Daily Mortgage News

Jan. 11: Retail & Ops jobs, a new hiring tool; upcoming events of note; Ocwen update; push for private label securities

Posted on January 11 by Rob Chrisman

Plenty of people around the industry believe that the three popular rating agencies (Standard & Poor’s, Fitch, and Moody’s) have escaped their potential culpability in […]

Posted in Daily Mortgage News

Jan. 9: Notes on borrower education & staff training, the pot business; can brokers comply with LE regulations?

Posted on January 9 by Rob Chrisman

The industry and vendors spend plenty of time educating LOs and lender personnel. What about educating & setting borrower expectations? Kerrie Chambers sent, “I recently […]

Posted in Daily Mortgage News

Jan. 8: Co-op news & sales mgt. job; trends in 2nd mortgages; more disaster lender news – loan sellers beware

Posted on January 8 by Rob Chrisman

Darn a 5 day work week seems like a long time!   Freddie Mac announced a new relationship with the Lenders One Mortgage Cooperative. The new […]

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
  • Michael Tannenbaum on Why Mortgage Technology Keeps Failing Mortgage

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