July 31: AE jobs & new products; training from investors & agencies; Vanguard stops taking apps; Fed owns how much agency MBS?
How much would you pay to drive a cab? In New York City, in 2014, the price of a Taxi Medallion hit $1.3 million. With […]
Month: July 2017
July 29: Notes on the MID, servicing values, InterFirst’s closing, HUD Handbook verbiage, lack of comments on Ability to Pay Rule
Welcome to National Lipstick Day. (Yes, I know that every day is national something day.) If one looks around free lipstick can be found. And […]
July 28: Compliance and AE jobs; $14 billion InterFirst shuts down; servicing deals & law changes; adios LIBOR
We’re a couple months into the North Atlantic hurricane season which lasts to November 30. It has been 12 years since the US was struck […]
July 27: AE, LO/branch, Ops/underwriter jobs; state law changes impacting MLOs, notaries, POAs; fed funds on hold Inbox x
Have you been chipped yet? A Wisconsin company is holding a “chip party” to implant chips into its employees so they can buy snacks with […]
July 26: Product manager, AE, LO, Ops jobs; lender M&A and bank mortgage news; training & events inc. FHA & cybersecurity
We’re in the midst of state fair season, and with it all the wonderful organic health food. Have you tried deep fried butter? Have a […]
July 25: LO & AE jobs & products; credit underwriting changes; cap. mkts. exec on margins & volume; Ally is offering to do what?
Lenders cutting margins in a diminishing mortgage marketplace. You bet. Does one lender want 100% market share? Perhaps. Here’s the latest example: Ally Home announced […]
July 24: Mgt. & LO jobs; lender fee & pricing tweaks; CFPB suit dismissed, announces HMDA webinar; PCE primer
What should lenders and loan officers be concerned about? What’s threatening their livelihood, besides all cash buyers, venture capital firms buying houses for rentals, and […]
July 22: Letters on Basel problems, eSignatures & eNotes, GSE reform, the credit crisis
Forget Day 1 Certainty, re-imagining the mortgage process, FHA reform, housing reform, GSE reform, electronic mortgages, lack of inventory, declining refis… everyone’s excited about the […]
July 21: Legal & LO jobs, products to help originators; state-level changes from coast to coast; housing & rates
Under the heading, “What’ll they think of next?”, especially for aging Boomers, comes stairs that store energy and help the next person walk up them! […]
July 20: LO & AE jobs, secondary team available; Academy buys First Mortgage & Cunningham; vendor updates
This morning we’ve had the usual Thursday initial jobless claims economic release. At the other end of the teeter totter, here’s an amazing stat to […]