July 31: Changing thoughts on analyzing credit; vendor updates run the gamut; Saturday Spotlight: Bonzo
Why focus on mortgage banking when there is a lot of exciting news coming out of the Olympics? For example, the reporter asking the swimmer […]
Month: July 2021
July 30: AE, Sales, MLO, Ops jobs; whole loan trading, CRM, renovation products; Freddie & Fannie changes never stop
Yesterday I received this note from Tennessee. “Rob, thank you for the commentary, as always. Among several noteworthy items in yesterday’s, one thing stood out. […]
July 29: AE, MLO jobs; MBS delivery, processing, data breach tools; Redwood Trust earnings; ugh: weak GDP number
Mission Statements are so passe. We now have “long term vision statements.” For some, great literature consists of the Bible, or Moby Dick. For others […]
July 28: AE jobs; processing, pricing, retention, sales tools; Ginnie, FHA, VA changes; why mortgages paying off early matters
I didn’t sign up for a 401k. I can’t run that far. Understanding numbers is important, as is accurately reporting them. For example, yesterday I […]
July 27: Nat’l sales, MLO jobs; sec. mktg., retention, workflow, doctor, automation programs; upcoming events & conferences
With Simone Biles’ injury at the Olympics, let’s shift our attention to lending & housing. Have you ever asked someone, especially a politician, for the […]
July 26: MLO, corresp. & wholesale AE jobs; subservicing, tech, jumbo, retention tools; disaster news coast to coast
The headline this morning is seven people dying in a car crash caused by a Utah sandstorm. The damage caused by storms, including hurricanes in […]
July 24: Readers weigh in on handling of adverse market fee change; vendor bits; Saturday Spotlight: Interfirst Mortgage
As mortgage rates currently continue to “behave themselves,” lenders continue to focus on helping customers, improving efficiency, and monitoring the technology offerings by vendors with […]
July 23: HR, post-closing, controller, MLO jobs; NOO, HELOC, processing tools; Florida fraud case; LendingClub fee settlement
How do you know when someone has too much money? How about when they pony up $16k for Tarzan’s 1932 loin cloth? (“Gosh, if that […]
July 22: MLO, Ops jobs; tech, hedging, advertising compliance products; STRATMOR on customer experience; non-Agency updates
How would you like to compete against a company whose tagline is, “We Do It All, Guaranteed!”? The program is part of an existing Weichert […]
July 21: MLO jobs, lenders wanted; U/W training, best ex optimization, jumbo products; STRATMOR & customer service; upcoming virtual events
Experienced mortgage loan originators (MLOs) know that a rate lock is a rate lock. The removal of the adverse market fee of .5 for conventional […]