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Month: July 2018

July 19: LO, corresp. jobs; jumbo & mfg. products; LO training & conferences; teams with different comp plans?

Posted on July 19 by Rob Chrisman

“Rob, are you hearing, now that the CFPB is perceived to have lost its teeth, that some lenders are providing their loan officers two different […]

Posted in Daily Mortgage News

July 18: LO & AE jobs, pricing, efficiency, & operations products; California DRE changes

Posted on July 18 by Rob Chrisman

“Your loan officer should be given the opportunity to succeed elsewhere.” Ever heard a CEO recommend that to a branch manager regarding a poorly performing […]

Posted in Daily Mortgage News

July 17: Teams looking for homes, AE & LO jobs; sales & broker products; Freddie & Fannie updates

Posted on July 17 by Rob Chrisman

“What can be asserted without evidence can also be dismissed without evidence.” While you ruminate on that one, there continues to be evidence and reminders […]

Posted in Daily Mortgage News

July 16: Ops & LO jobs; broker & POS products; blockchain transaction; input on DACA loans

Posted on July 16 by Rob Chrisman

When Costco rolled out its mortgage option to members, many lenders were very concerned. But despite great potential, Costco/First Choice has not become the #1 […]

Posted in Daily Mortgage News

July 14: Readers address the yield curve’s relevance, the single security platform, and ATR vs. subprime

Posted on July 14 by Rob Chrisman

The primary and the secondary markets… Fun with categorizing loans Daniel M. Shlufman, Esq., with Classic Mortgage LLC, wrote, “Lenders have rolled out with a […]

Posted in Daily Mortgage News

July 13: LO jobs; construction, warehouse products; free LO comp webinar; shifting UW criteria

Posted on July 13 by Rob Chrisman

Here’s a quiz. The demand demographics for housing in the U.S. aren’t letting up – people want a roof over their head. But, in this […]

Posted in Daily Mortgage News

July 12: MI, AE, LO, sales mgt. jobs; UW & API products; FHA/VA/Ginnie updates – incl. EAD/DACA policy

Posted on July 12 by Rob Chrisman

Chris Whalen notes, “The failure of Bear Stearns & Co a decade ago illustrates the key lesson of financial markets, namely that non-banks are dependent […]

Posted in Daily Mortgage News

July 11: Non-QM, lead conversion, & TPO products; Home Point/Northpointe, OB/Resitrader deals

Posted on July 11 by Rob Chrisman

Us capital markets folks have a way with words. Henry Jonas writes, “I started in this business in a Secondary Marketing in ‘86. Outside of […]

Posted in Daily Mortgage News

July 10: AE jobs; LO events, training & recruiting products; banking news and M&A; loan financing needed

Posted on July 10 by Rob Chrisman

Pesky technology… it just won’t go away. Online lending platform fintech player (including mortgages) SoFi has launched a banking app (SoFi Money) in beta testing […]

Posted in Daily Mortgage News

July 9: LO, mgt. jobs; HECM, JV products; events & webinars for lenders; BFCP/CFPB updates – lawsuit dropped

Posted on July 9 by Rob Chrisman

As a loan officer, how would you like the borrower’s first contact to be with your CEO or head of mortgage? A Wells borrower is […]

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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