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Month: October 2018

Oct. 8: AE, LO jobs, Chase cuts; reverse mortgage outsourcing & margin control products; training & events coming up

Posted on October 8 by Rob Chrisman

A running joke with loan officers is how real estate agents always seem to find their high school prom photos for their business cards and […]

Posted in Daily Mortgage News

Oct. 6: Notes on the Lehman bankruptcy, Connecticut & closing parties; state lending law changes continue

Posted on October 6 by Rob Chrisman

Ah, lawsuits, rising rates, 10-year anniversaries, volatility, low margins, cold weather, rate and term refis vanishing, voluminous application forms, “right-sizing,” … and all we want […]

Posted in Daily Mortgage News

Oct. 5: LO, DTC jobs; broker, correspondent, digital products; promotions, layoffs, PE-owned lender closures

Posted on October 5 by Rob Chrisman

“Rob, is any lender making money out there?” Well, what’s the old “joke?” “How do you get $5 million in the mortgage biz? Start with […]

Posted in Daily Mortgage News

Oct. 4: LO jobs; correspondent, warehouse products; vendor changes & webinars; rates – should have locked Tuesday

Posted on October 4 by Rob Chrisman

In bad news, mortgage rates went up about .25% yesterday. In good news, more homes are going up for sale. According to realtor.com there was […]

Posted in Daily Mortgage News

Oct. 3: LO jobs, personnel moves; warehouse & home owner products; OB/LoanDecisions deal; disaster updates

Posted on October 3 by Rob Chrisman

Between 2001 and 2016, 97 percent of total job growth in the Unites States happened in urban counties. And while rural America is absolutely struggling, […]

Posted in Daily Mortgage News

Oct. 2: LO jobs; DPA, recruiting products; FHA 203(h), digital marketing, CFO, mortgage pricing events

Posted on October 2 by Rob Chrisman

“Stay away from negative people. They have a problem for every solution.” There are plenty of folks out there reminding lenders of the seasonality of […]

Posted in Daily Mortgage News

Oct. 1: LO & sales jobs; document & bank statement products; news from FHA and HUD

Posted on October 1 by Rob Chrisman

Is every non-bank lender of any size looking at offshore options to save money? Perhaps, and underwriting costs and productivity are usually brought up in […]

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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