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March 3, 2023
I won’t sugar coat this. Here’s some rough news for lenders and LOs: With plenty of quant jocks to slice and dice numbers, Goldman Sachs tells us that 99 percent of borrowers have a mortgage rate lower than 6 percent or the current market rate, and around 28 percent of those have rates below 3 percent. So, what are you going to do about it? A buddy and I were out to eat recently. I asked the server (in my day they were called waiters and waitresses), “Is this a bistro, a bra...
March 2, 2023
Hey, why wouldn’t you want to join the Mortgage Action Alliance? It doesn’t cost you a penny, and there’s strength in numbers. Signing up takes about 90 seconds. And the information you receive is much more reliable than mine! The U.S. Census Bureau produces some reliable information, unless you’re some conspiracy theory nut, and they have information that loan officers love: where most owners are free and clear of any home loan. And 30-year rates, which probably won&...
March 1, 2023
I have news for you, and I hope that I’m not bursting anyone’s bubble here. If a meat packer could sell the delicious looking meat that you see in the background in ads for hamburger at $15/pound, do you really think they’d put it into $4/pound ground beef, or $2/pound hot dogs? Yes, numbers can tell a story, like it or not. How about this nifty map, great for loan officers and real estate agents and discovered in my email files, showing the population shift in the United St...
February 23, 2023
Move comes as construction software provider faces ‘changing business climate’
February 3, 2023
Move comes as construction software provider faces ‘changing business climate’
January 30, 2023
Fintech firm welcomes ex-Amazon official James Chen as chief technology officer
January 26, 2023
/PRNewswire/ -- Suppli, the digital accounts receivable platform that enables construction suppliers to turn their credit department into a competitive...
October 12, 2022
Executive Leadership to Focus on African-Designed and Built Technologies and Partnerships for Local Production to Bolster Stability and Economic Development
September 9, 2022
This informative conversation will demonstrate the game-changing value of maintaining vigilance on every project.
August 1, 2022
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!