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Month: November 2022

Nov. 30: U/W Mgr. job; mkt. research, automation, fee collection, non-Agency tools; conforming loan limit & other F&F changes

Posted on November 30 by Rob Chrisman

In the secondary markets, lenders are trying to wring out every penny from loan sales. For example, in today’s podcast (available here) is an interview […]

Posted in Daily Mortgage News

Nov. 29: Recruiting, LO jobs; compliance, virtual sales, QC products; compliance snippets; STRATMOR technology survey

Posted on November 29 by Rob Chrisman

Lenders and vendors alike are emerging from Thanksgiving and looking ahead to which day they have off for Christmas in the U.S., the 23rd or […]

Posted in Daily Mortgage News

Nov. 28: Investors wanted; MLO jobs; U/W, cyber, ECOA automation, reverse products; credit cost hike; FHA, VA, USDA news

Posted on November 28 by Rob Chrisman

Why does opening every ironing board sound like you’re dipping a witch in scalding oil? Cutting costs can sound like that as well, and while […]

Posted in Daily Mortgage News

Nov. 26: Thoughts inspiring LOs, from an LO; vendor news; Agency deals; conferences: nothing good happens after 9PM

Posted on November 26 by Rob Chrisman

It is important for originators and vendors to know trends in the industry, their clients, and with whom they’re competing. Despite the slowing pace of […]

Posted in Daily Mortgage News

Nov. 25: MLO jobs; credit reporting’s “massive” cost increase; non-Agency/non-QM news; current management concerns

Posted on November 25 by Rob Chrisman

Putting out this daily commentary is like being in the army: I usually do more by 6AM than many people do during much of the […]

Posted in Daily Mortgage News

Nov. 23: MLO jobs; due diligence, compliance, automation, broker communication tools; conforming conventional changes

Posted on November 23 by Rob Chrisman

Let me save you a web search tomorrow: 1-800-butterball. A web search turned up a misconception: It appears that robber Willie Horton, when he was […]

Posted in Daily Mortgage News

Nov. 22: MLO jobs; PPE, CRM, DPA, pre-approval, subservicing products; RMF exits reverse; Carrington’s response to CFPB

Posted on November 22 by Rob Chrisman

When was the last time that you did something for the first time? (Warning: tissues may be needed.) The best use of technology is to […]

Posted in Daily Mortgage News

Nov. 21: MLO jobs; M&A candidate wanted; non-Agency, POS, warehouse products; STRATMOR on the business cycle; production costs hit $11k

Posted on November 21 by Rob Chrisman

Sometimes it’s tough to find good news out there. For independent mortgage bank (IMB) and mortgage subsidiaries of chartered bank lenders, the MBA reports that […]

Posted in Daily Mortgage News

Nov. 19: Letters on buydowns, China’s real estate, pricing, and the cost of fraud; Vendor news; Saturday Spotlight: Momentifi (with a pep talk)

Posted on November 19 by Rob Chrisman

Our industry is driven, in part, by interest rates, which in turn are driven by supply and demand and current economic conditions. Currently the focus […]

Posted in Daily Mortgage News

Nov. 18: MLO jobs; TPO, HELOC workflow, processing, PPE, API tools; $5.25 million Carrington’s CFPB fine

Posted on November 18 by Rob Chrisman

Few base their company or family’s savings on the inherent risk in a prediction. But… On a big scale, and we’ve been hearing forecasts of […]

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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