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Month: July 2020

July 31: Servicing, appraisal, Ops, sales jobs; broker, valuation products; FHA, & Ginnie changes; HUD addresses the self-employed

Posted on July 31 by Rob Chrisman

Whether it is Northern Virginia or Lake Tahoe, we’re running out of houses. The pandemic has caused a buyer feeding frenzy away from apartments and […]

Posted in Daily Mortgage News

July 30: U/W, LO, AE jobs; loss mit, retention, valuation tools; LOS survey; deep dive into economic news & cap markets

Posted on July 30 by Rob Chrisman

Lenders are “tonning it,” as indicated by Fannie Mae’s net income of $2.5 billion for the second quarter of 2020, compared with net income of […]

Posted in Daily Mortgage News

July 29: Underwriting, subservicing, AVM, pricing tools; Conforming conventional updates; bonds quiet

Posted on July 29 by Rob Chrisman

You’ve made it to Hump Day yet again, and as a reward, how about this webcam shot of Warrior Canine Connection’s Puppy Cam?! (Hey, it’s my […]

Posted in Daily Mortgage News

July 28: Ops, LO jobs; sales, workflow, customer service tools; Black Knight to add $1.8 OB to $62 million Compass asset

Posted on July 28 by Rob Chrisman

I could see that my cat Myrtle was miffed last night. I doubt if it had anything to do with the supply chain issues impacting […]

Posted in Daily Mortgage News

July 27: Sales, consulting, Ops, LO jobs; sales webinar; world news driving rates, primer on the belly of the yield curve

Posted on July 27 by Rob Chrisman

In these days when you can’t even get 100% of Americans to agree that water is wet, we have hurricanes, gold prices skyrocketing, COVID relief […]

Posted in Daily Mortgage News

July 25: Credit Risk Transfers helping mortgage rates; SOFR transition status; Saturday Spotlight: Thrive Mortgage

Posted on July 25 by Rob Chrisman

All the smart folks are predicting these low rates and high residential volumes to continue through the year. (I remind people that no one was […]

Posted in Daily Mortgage News

July 24: Regional manager, AE, LO jobs; automation, credit, AI tools; up to speed on tax transcripts

Posted on July 24 by Rob Chrisman

I don’t know if there is going to be a pro football season or not, with lines of scrimmage & heavy breathing 11 inches apart […]

Posted in Daily Mortgage News

July 23: Ops, LO jobs; underwriting, forbearance, one-time close, marketing tools; loan processing changes

Posted on July 23 by Rob Chrisman

Loan officers are known for “holding the hand” of their borrowers. Now Google would like to hold the other. With the help of the CFPB, […]

Posted in Daily Mortgage News

July 22: Ops jobs; digital, servicing, ECOA products; webinars to wrap up July; Agency changes continue

Posted on July 22 by Rob Chrisman

The names “Google” and “Alphabet” are the answers to many trivia questions involving search engines, market value, and advertising. If you think Google doesn’t know […]

Posted in Daily Mortgage News

July 21: AE, LO jobs; training, eClosing, broker, servicing products; USDA rural tidbits; forbearance stats improving

Posted on July 21 by Rob Chrisman

Originators, as Deb from Virginia reminded me, are currently like ducks: cool and calm on the surface, paddling frantically underneath. Originators like low rates, but […]

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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