In my travels around the States, I see that some lenders are nervous. Yes, margins appear to have, for the most part, stopped compressing dramatically. […]
Welcome to today, the aesthetically pleasing palindromic 8-18-18 in the U.S. The year is flying by and there are a lot of issues facing lenders […]
Capital markets folks know that there are billions of dollars of outstanding 5, 6, 7, and even 8% securities filled with high interest-rate loans. LOs […]
Trillions of dollars of securities are tied to LIBOR, but the London Interbank Offered Rate is scheduled to be phased out at the end of […]
Bond prices and mortgage rates, like nearly every commodity, are driven by supply and demand. I mention this because early last week prices of US […]
A Zen master visiting NYC approaches a hot dog vendor and says, “Make me one with everything.” The hot dog vendor fixes a hot dog […]
Don’t think that correct mortgage documentation is important? Think again, or ask Citigroup. The Federal Reserve said Friday it had fined Citigroup $8.6 million over […]
We know that, as an industry, we’re constantly dealing with old issues and new. In today’s commentary let’s see what some readers thought about Zillow’s […]
This week in Salt Lake City, mPower hosted an event at the Lenders One Summer Conference, drawing nearly 400 people. The executive panel, led by […]
Lots of originators are fascinated by demographics. Every year, about 27,000 people move from New York City to Philadelphia, making that specific move one of […]
