July 31: Recruiting, MD & DDS, non-QM, digital products; legal news and lawsuits; layoffs & promotions continue
When I was in my 20s and into my 30s, I think I had about $3,000 in my retirement account – hardly enough now to […]
Month: July 2018
July 30: LO jobs; leads, subservicer, bank statement programs; upcoming events; a look at the economy
“Buy land – they’re not making any more of it.” Don’t tell that to Hawai’i. While California continues to burn, 2,400 miles to the southwest […]
July 28: Weed & lending; lending law changes from the Heartland; the investigation of FHFA’s Mel Watt
Yes, seems like the summer doldrums out there, and relatively quiet as lenders and originators focus on helping their borrowers one loan at a time. […]
July 27: FHA, LO, Ops jobs, AI product; price, fee, lock changes from around the biz; Libor update
I received a note yesterday from the CEO of a well-known lender. “Rob, I love it when our competitors, who are losing money, wait weeks […]
July 26: LO & Ops jobs, construction process risk product; blockchain primer; lender tech rollouts
The United States is a fine country, and the residential lending industry is filled with fine individuals working to help borrowers, or help others help […]
July 25: LO, AE jobs, non-QM and e-recording products; Fannie/Freddie/conforming/conventional news
“Rob, are you hearing that residential lenders are nervous about releasing their 2nd quarter results to warehouse banks, correspondent investors, and other counter-parties since they […]
July 24: LO jobs; non-QM, 4506-T, tech, digital, & sales products; rates edge higher on speculation
Not to sound too preachy, but I bet it would have a noticeable impact on the environment if the hundreds of thousands of folks in […]
July 23: LO jobs, bus. opportunity, home equity & JV products; upcoming events; credit-based lender changes
Mortgage bankers have plenty of interests. Baconry, for example. (It’s like falconry, or reverse animal husbandry.) Another is the study of real estate agents. When […]
July 21: State-level legal lending changes – they keep coming; AI, blockchain, and cyberattacks
There are countless bits of trivia about the United States. For example, there are two U.S. states where the temperature has never surpassed 100 degrees […]
July 20: LO jobs, POS product; flood, volcano, hurricane, and disaster news and lender updates
A Small Business Administration analysis found that about 90 percent of the country’s damage costs from natural disasters happen in ZIP codes with less than […]