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Month: March 2020

Mar. 19: LO jobs; digital, notary, QC, broker products; developments in warehouse, Agency, eClosing, & cap mkts

Posted on March 19 by Rob Chrisman

“I’ve started investing in stocks: beef, chicken, and vegetable. One day I hope to be a bouillonaire.” There might be a few less “bouilonaires” owning […]

Posted in Daily Mortgage News

Mar. 18: AE jobs, exec searching; broker, appraisal, eClosing products; coronavirus-driven operations changes everywhere

Posted on March 18 by Rob Chrisman

Thank you to Susan M. for, “Your Grandparents were called to war. You’re being called to sit on a couch. You can do this!” I […]

Posted in Daily Mortgage News

Mar. 17: Sales job; Construction, non-QM products; sales webinars; Info on VVOEs, e-Notes, e-recordings

Posted on March 17 by Rob Chrisman

“I’ve washed my hands so many times now I can see the answers to a math test I took in 1978!” We’re going through a […]

Posted in Daily Mortgage News

Mar. 16: Compliance, LO jobs; LOS, VA, non-Agency products; Early Payoff trends; deep dive on recent mortgage rate movement

Posted on March 16 by Rob Chrisman

Gosh, what should we talk about today? If there’s a “winner” with the coronavirus, it is dogs. They are experiencing unprecedented levels of people being […]

Posted in Daily Mortgage News

Mar. 14: Notes on handling capacity, TRID violations, FHA & FHFA on coronavirus; state lending law changes coast to coast

Posted on March 14 by Rob Chrisman

The production and operations staffs of every lender across the nation are “going bonkers.” Responsible senior managers and owners are doing things they never thought […]

Posted in Daily Mortgage News

Mar. 13: Ops, management jobs; broker, DPA, tech products; coronavirus tips: NAR’s report & employer webinar

Posted on March 13 by Rob Chrisman

Here’s an economic tidbit for you. The Port of Los Angeles is reporting a 22.9% decrease in cargo volumes for February compared to 2019, with […]

Posted in Daily Mortgage News

Mar. 12: Ops, sales management, production jobs; broker, cap. mkts. products; corresp. & wholesale news

Posted on March 12 by Rob Chrisman

Here’s a sign of the times. “Rob, I would think many lenders are for sale; they just don’t know it yet. EPOs, servicing write-downs, renegotiations, […]

Posted in Daily Mortgage News

Mar. 11: Ops, LO (incl. SBA) jobs; marketing, broker, non-QM products; training & events, many over the phone

Posted on March 11 by Rob Chrisman

First, a note of clarification. Yesterday’s commentary mentioned that there was talk of “warehouse banks temporarily suspending funding refi biz.” I received several notes stating […]

Posted in Daily Mortgage News

Mar. 10: Sr. sales job; processing, marketing, tech products; disaster updates; rate volatility continues

Posted on March 10 by Rob Chrisman

There sure is a lot going on out there! There is talk of warehouse banks temporarily suspending funding refi biz, lenders charging lock fees, lenders […]

Posted in Daily Mortgage News

Mar. 9: Tech, appraisal, cap. mkts jobs; broker, title, recruiting products; EPOs, margin calls, appraisal delays, sticky mortgage rates…

Posted on March 9 by Rob Chrisman

As everyone grapples with changing the clock in their car… The world’s shortest horror movie? At 14 seconds, here you go. (Thanks to Kevin K. […]

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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