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Month: April 2022

Apr. 30: Secondary market securitizations; vendor updates; social security numbers as passwords; basis points further explained

Posted on April 30 by Rob Chrisman

Here in Hawai’i, over the last 30 years, rainfall in Hawaii has decreased by 18%. The population in the region has doubled since 1959, with […]

Posted in Daily Mortgage News

Apr. 29: MLO jobs; marketing, HMDA dashboard, DSCR, tax programs; M&A news: Planet Home/Home Point, & Redwood/CoreVest

Posted on April 29 by Rob Chrisman

On Sunday, here in Hawai’i, and everywhere else I guess, is Lei Day. I was all set to go down the 5th grade joke path, […]

Posted in Daily Mortgage News

Apr. 28: MLO jobs; cap. mkts., underwriting, pre-qual, automation tools; Freddie results; May webinars & events; GDP tumbles

Posted on April 28 by Rob Chrisman

While the industry digests Freddie Mac’s first quarter earnings (47 percent purchase, 53 percent refi), if you try to correct my grammar, I will think […]

Posted in Daily Mortgage News

Apr. 27: AE, MLO, bank LO jobs; audit, non-QM, DPA products; FHA, VA news; apps continue downward spiral

Posted on April 27 by Rob Chrisman

Change is mandatory. Progress is optional. Are signing bonuses a sign of progress? Perhaps not, and more a continued sign of the competitive times. “A […]

Posted in Daily Mortgage News

Apr. 26: MLO jobs; TPO loan, customer service, CRA, QC, lead-gen tools; widespread Agency changes; why no decent ARM pricing?

Posted on April 26 by Rob Chrisman

Running feels great unless you compare it to not running. While here in Northern California for a board meeting, I received, “I read your capital […]

Posted in Daily Mortgage News

Apr. 25: U/W, AE, MLO jobs; fee processing, sales, PA tools; Blend layoffs, wholesaler stops locks; rates drop as growth falters

Posted on April 25 by Rob Chrisman

“I’d listen to their forecasts about as much as I’d listen to Aerosmith’s Steven Tyler dispense advice on monogamy.” Regardless of who this LO was […]

Posted in Daily Mortgage News

Apr. 23: Letters on irrational pricing, fraud warning; IMBs & servicing; one of my favorite jokes; Saturday Spotlight: Xactus

Posted on April 23 by Rob Chrisman

As bulk packages of mortgage servicing rights continue to hit the market (primarily from lenders who’ve held servicing but now need some cash/liquidity), let’s shift […]

Posted in Daily Mortgage News

Apr. 22: Sales mgt., MLO jobs; compliance, pre-approval, non-QM products; CrossCountry/LendUS acquisition and M&A success tips

Posted on April 22 by Rob Chrisman

“Two silkworms had a race. They ended up in a tie.” There aren’t a lot of ties of either kind in mortgage banking, but there […]

Posted in Daily Mortgage News

Apr. 21: MLO jobs; TPO, CFPB exam, sales tools; marketing for purchase biz; interview with millennial homeowner

Posted on April 21 by Rob Chrisman

When you’re working from home, how interesting can next Thursday’s, April 28th, “Take Your Children to Work Day” be? WFH, or hybrid arrangements, is a […]

Posted in Daily Mortgage News

Apr. 20: IMB wanted, AE, MLO jobs; TPO, cap. mkts. products; upcoming events & training; mortgage apps down, down, down

Posted on April 20 by Rob Chrisman

Happy 420 Day. (Tomorrow, by the way, is Happy Surprise Drug Test Day.) Another day, another layoff story from Better.com. The human tragedy in Ukraine […]

Posted in Daily Mortgage News

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Older posts

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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