I was out cocktailing the other night. (Yes, that is a verb for people in mortgage banking.) I asked someone if they were a member […]
Are you afraid of the day that the Federal Reserve stops buying mortgage-backed securities? “Afraid” is too strong a word. (For many, this activity would […]
I work hard to live a very glamorous life. I mention this because yesterday, when I sent the Commentary out from the road at a […]
California has reinstituted its mask mandate. No one is interested in living in isolation again. Remember, “Your quarantine alcoholic name is your first name followed […]
No CEO wants to hear from their secretary, “The CFPB is holding for you on Line Two.” Lenders who have different prices in the same […]
Everyone has a plan until they get punched in the mouth. If you haven’t seen a video (this one from a drone) of the destruction […]
How are things going, industry-wide? According to Curinos, November 2021 residential mortgage rate-lock volume was down 26% YoY and 5% MoM across all channels, while […]
When the public sees headlines like, “A Black Couple had a White Friend Show Their Home and Its Appraisal Rose by Nearly Half a Million […]
Want to know who’s in trouble for what? The Consumer Financial Protection Bureau (CFPB) issued its Supervisory Highlights report yesterday, which “shines a light” on […]
“Dear Santa: This year I would like a) a slim body, and b) a fat bank account. Don’t mix them up like you did last […]
