Move Fast and Break Things
Facebook’s Mark Zuckerberg popularized the ‘tech bro-ish’ saying, “ Move fast and break things ”, but it has clearly been adopted by Elon…
Month: February 2025
CFPB Bold Predictions 2025
The CFPB is on pause. Will the Bureau ever return? If not, what will be the ramifications for the industry? I gaze into my crystal ball…
Feb. 10: Corresp., LO jobs; TRID fee cure, bridge loan, HELOC products; CFPB on hold; FHA delinquencies climb; BofA/TD Bank MBS deal
Can you imagine living in an uninhabited land? I’m thinking of hopping on a boat and checking out the Kingdom of Redonda which has a…
Feb. 8: Vendor news; climate change & home values; humorous predictions; thoughts about the CFPB; simple originator advice
There are creative people out there. “Dear, did you say pastry?”: meet the “AI granny” driving scammers up the wall . Lenders and vendors…
Mortgage Prepayments Hit New Lows as High Rates Keep Homeowners Locked In
Mortgage prepayment speeds slowed significantly in January, with Fannie Mae’s 30-year mortgage-backed securities seeing a 14 percent drop…
Feb. 7: Sales mgt., LO jobs; compliance, non-Del products; lender’s growth in ’25; chatbot perspective; MBA’s Marcia Davies interview
“The San Diego Padres visited an orphanage in Mexico. ‘It’s really sad to see their faces with no hope,’ said Juan, age 9.” In other San…
Feb. 6: LO jobs; MSR, servicing, customer retention, equity tools; non-Agency news in the primary & secondary markets
“Nothing says, ‘I mean business’ than using a shopping cart at the liquor store.” We’re already 10 percent through with 2025, and…
Feb. 5: LO jobs, tech writer available; HELOC, DPA, pre-approval, CRM, commercial tools; training & webinars; in defense of the CFPB
I know where to go when this Commentary writing gig grows stale. Wanna make 30 clams an hour? Costco’s hiring! (Remember when lenders…
Feb. 4: LO jobs; POS, Texas servicing, FHA DPA tools; VA returns to the office; reactions to tariff yo-yo; CFPB path forward
How’s your ability to predict the weather? Apparently not good if you’re a groundhog . It is not hard to predict how you’ll hear from the…
Feb 3: AE, LO jobs; Processing, underwriting, broker, LOS products; conv. conforming news; will tariffs slow our economy?
Where should we begin this week? There’s President Trump making good on one of his campaign promises over the weekend, and it wasn’t…