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Month: May 2022

May 31: Compliance, MLO, AE jobs; efficiency, processing, Expat, underwriting tools; events this week and next; rates head higher

Posted on May 31 by Rob Chrisman

Yes, it’s already Tuesday. Are we at the top of the market? A pair of Goldman Sachs-backed ventures gobbled up an entire rental home community […]

Posted in Daily Mortgage News

May 28: Container homes & barndominiums perfectly acceptable; Lehman Bros. update; recession primer: what is the NBER?

Posted on May 28 by Rob Chrisman

Get up, stand up, stand up for your rights. Residential lending and the court system are inextricably linked. (See Lehman Brothers story below.) But we’re […]

Posted in Daily Mortgage News

May 27: MLO jobs; private label, fulfillment, non-Agency products; wholesalers & correspondent process & product changes

Posted on May 27 by Rob Chrisman

What guy hasn’t wanted to usher a gal through to a club like Ray Liotta did, masterfully filmed without cutting away? Unfortunately, breaking the spell […]

Posted in Daily Mortgage News

May 26: AE, MLO jobs; prequal, profitability, due diligence, underwriting tools; FHFA news: Sandra T!; STRATMOR on appraisal management

Posted on May 26 by Rob Chrisman

Yesterday I visited Sacramento to speak to an audience of real estate agents and originators in a joint MGIC/Golden 1 Credit Union event. The mood […]

Posted in Daily Mortgage News

May 25: AE, MLO jobs, lenders wanted; cap. mkts., purchase advice products; investor Agency changes; rates hit housing; IMB costs head higher

Posted on May 25 by Rob Chrisman

All the stories that could be told, and so many that have yet to happen. And now 19 that never will be. It is very […]

Posted in Daily Mortgage News

May 24: CFO, compliance, MLO jobs; fee collection, subservicing, processing, sales tools; events & webinars through June

Posted on May 24 by Rob Chrisman

The last pay phone was removed from New York City yesterday. (Heck, growing up I financed my baseball card purchases by looking for loose change […]

Posted in Daily Mortgage News

May 23: MLO jobs, lender wanted; LO sales tools, CFPB oversight, processing, rehab products; updates from Fannie

Posted on May 23 by Rob Chrisman

I recently opened my slang dictionary to the page that defined the origin of, “Different ways to skin a cat” and left it near my […]

Posted in Daily Mortgage News

May 21: Vendor news, CRA update; El Salvador & cryptocurrency; babysitters are how much?! Saturday Spotlight: LoanCare

Posted on May 21 by Rob Chrisman

Yes, the U.S. stock market has taken a hit with the S&P 500, a broad measure, down 20 percent from its high. Any potential home […]

Posted in Daily Mortgage News

May 20: Senior cap. mkts., MLO jobs; employment history, insurance, POS, MSR financing products; Q&A on flood insurance laws

Posted on May 20 by Rob Chrisman

Huh? We should all worry about monkeypox now? While we’re talking about health, my doctor asked if anyone in my family suffers from mental illness. […]

Posted in Daily Mortgage News

May 19: AE, Ops, MLO jobs; loan sales, closing cost scenario, asset sale tools; rates dropping…what is the “neutral” interest rate?

Posted on May 19 by Rob Chrisman

“One minute you’re young and having fun. The next, you’re turning down the car stereo to see better.” Gone are the days when all loan […]

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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