Apr. 30: Ops, MI, LO jobs, MI & jumbo products; FHA, VA, and Ginnie news; rates take a breather
Demographics will tell you that it makes more sense organizing populations by how they live – rather than where they live – is a much […]
Month: April 2018
Apr. 28: Note on mortgage languages, LO advice in a purchase market, credit unions; tech update – Chase’s blockchain security
The extent of my tech/IT knowledge is minimal. I’m sure the folks at Diner’s Club chuckle when they see my “passwerd123” pop up when I […]
Apr. 27: LO & AE jobs; promotions, news on critical defects; Two Harbors’ purchase; May & beyond training & webinars
Huh? Nearly half of borrowers don’t rate shop? Freddie Mac tells us that this is indeed the case (although every LO and broker I know […]
Apr. 26: MI job, productivity & marketing products; lender operational changes; change ATR & QM? Not so fast…
I’m a capital markets guy, so, by some people’s definition, don’t know much about numbers. But I know that .250 (a quarter point) on a […]
Apr. 25: 1003, expense control, marketing products, LO jobs; digital trends; Amazon’s blockchain product
Amazon Web Services, the conglomerate’s cloud computing division, has announced AWS Blockchain Templates, which will compete with similar offerings from IBM and Oracle. “The Amazon […]
Apr. 24: Default opening, TPO & secondary products; lender data breach; STRATMOR on cost cutting; new LIBOR sub
Where should a lender reduce expenses? I received this note from STRATMOR’s Jeff Babcock. “In our numerous conversations with client mortgage origination companies regarding necessitous […]
Apr. 23: Sales, warehouse, servicing jobs; events & webinars; GDP primer – rates at 2014 levels
“A billion here, a billion there, pretty soon, you’re talking real money,” was never actually uttered by Illinois politician Everett Dirksen. (“Oh, I never said […]
Apr. 21: Notes on jumbo comp and comp structures, loan language, and servicing – hold or sell and why?
Forget eNotes, eSignatures, eMortgages. King Mswati III of Swaziland proclaimed his nation will be henceforth known as eSwatini. (“Henceforth” is one of those words not […]
Apr. 20: Ops, LO jobs, 1003 product; MBA’s compliance accreditation; Freddie & Fannie changes continue
Welcome to 420 Day. (Tomorrow is Surprise Drug Test Day.) Did you know that Wells Fargo gives more assistance and aid to people and communities […]
Apr. 19: Sales jobs, new lender products; Freddie and Fannie changes continue, as do rates moving higher
Rumors continue to swirl about practically every lender out there, and exaggeration is rampant. A company eliminates low producing LOs in Arizona and suddenly the […]