December 2024 - Chrisman Commentary

Lock Extensions: How/Why They Cost Money

When a borrower locks a rate with a lender, the lender promises to hold that rate for the borrower until the loan closes. But there is a…

Besides being enthralled with Tiger King and My Octopus Teacher four years ago, what do AL, CA, CO, CT, FL, GA, MD, MA, NJ, NY, NM, NC,…

There are many different ways to sell things: a lemonade stand, a flea market, through Target, or at an auction, to name but a few….

My wife and I took the kids to London for their winter break. As the English would say, the trip was “just lovely,” filled with trips to…

“What do they call the 4th of July in nursing homes? In Depends Day.” (Another joke at the bottom.) There are plenty of elderly people,…

Can you imagine doing a mortgage in reverse? I know, farfetched. It popped into my mind watching this video of “evil” firefighters , in…

There is obviously no tariff on lenders (lord knows we have enough financial hurdles), but tariffs do impact the supply and demand of…

Happy holidays from CFPB? With the holidays falling mid-week, I had expected a quiet year end where I could put these Musings away for a…

“I’ve just checked my home insurance policy and apparently if my blanket is stolen in the middle of the night, I’m not covered.” For many…

What’s the difference between government bonds and men? Bonds mature. Don’t worry… I won’t make your eyes glaze over. The question always…