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24
Monday
February 2025
13 min read

Feb. 24: HELOC, market intelligence, POS, borrower intention tools; STRATMOR CD workshop; Non-Agency news

Today I head to Connecticut for a visit with First World Mortgage and the Northeast Mortgage Summit. Today happens to be rocker George Thorogood’s 75th birthday, and mortgage bankers know that he re-did Amos Milburn’s 1953 classic tale of rent collection, land ladies, and payment avoidance. On a more serious note, I’ve been fortunate to spend some informal time recently with some fine mortgage minds discussing topics like the brutal administrative costs of bond programs, and perhaps a future allowing LOs to make price concessions to be competitive instead of the lender.

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