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Month: April 2021

Apr. 30: CRM, Ops, Consumer Direct, AE, LO jobs; JV and MSA updates; Redwood Trust results; CFPB action

Posted on April 30 by Rob Chrisman

How are we 1/3 done with 2021 already? Few are sitting on their hands as the months roll on. Exxon had its first profitable quarter […]

Posted in Daily Mortgage News

Apr. 29: Corresp., AE, LO jobs; digital, warehouse, processing, pricing products; Freddie & Fannie news incl. earnings

Posted on April 29 by Rob Chrisman

A “google” is the large number of 1 with 100 zeroes after it. For lenders, a billion is a large number, and it would be […]

Posted in Daily Mortgage News

Apr. 28: LO jobs; lead gen, servicing risk, presentation, DPA, valuation tools; M&A firestorm; housing: strong like bull

Posted on April 28 by Rob Chrisman

There sure is a lot going on out there! From California comes news that Finance of America is buying “certain assets” from California’s Parkside Lending, […]

Posted in Daily Mortgage News

Apr. 27: Secondary mktg., AE jobs; workflow, payment, doc tools; company sponsored events; VA & FHA updates

Posted on April 27 by Rob Chrisman

When I was a kid, I did things like eat Wonder Bread. I still enjoy a McDonald’s cheeseburger on occasion. As a kid I remember […]

Posted in Daily Mortgage News

Apr. 26: Servicing, sales jobs; processing, broker, price products; in-person and virtual events & training coming soon

Posted on April 26 by Rob Chrisman

While the market digests the acquisition of Flagstar by NY Community Bancorp by the end of 2021, and talk of more deals in the works, […]

Posted in Daily Mortgage News

Apr. 24: Vendors partnering; building & housing issues go back years; Saturday Spotlight: Service 1st

Posted on April 24 by Rob Chrisman

Do you know what a “HENRY” is? No, not this timeless song. It’s an acronym for, “High Earner Not Rich Yet.” The demographics of the […]

Posted in Daily Mortgage News

Apr. 23: MLO jobs; LOS, sales, ARM, HELOC, servicing risk products; Ocwen, PHH, TCB, Redwood Trust company news

Posted on April 23 by Rob Chrisman

My cat Myrtle seems immune to marketing and advertisement. Not everyone is, of course, and there are some clever, albeit ominous, ways to get messages […]

Posted in Daily Mortgage News

Apr. 22: Corresp., MLO, Ops jobs; retention, servicing, construction-to-perm products; fraud report; CFPB, compliance, and legal shifts

Posted on April 22 by Rob Chrisman

Not you, of course, but many other people in our biz are elderly. Sure you haven’t seen them in person in a year, but they’re […]

Posted in Daily Mortgage News

Apr. 21: AE, MLO, Ops jobs; subservicing, jumbo, sales products; MLO to broker training; investor underwriting changes; real estate “humor”

Posted on April 21 by Rob Chrisman

Over the weekend I visited a gas station, and the fellow in the kiosk had a name tag with, “Tim, Fuel Leader” inscribed on it. […]

Posted in Daily Mortgage News

Apr. 20: Training, AE jobs; pricing, risk mgt., dashboard tools; servicing package for sale; investors adapt to Agency shifts; UW humor

Posted on April 20 by Rob Chrisman

Happy 420! (Tomorrow is “Happy Surprise Drug Test Day”.) Whenever I ask my cat Myrtle about her opinion of the Consumer Finance Protection Bureau, she […]

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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