Escrow Administration News Today

McDonald’s taking 9 years to eliminate its self-serve soda pop machines. (Couldn’t they take 5 hours and just move the machines behind the counter?) In other non-mortgage news, arguably more interesting to talk about than the continued decline in mortgage applications and IMBs concerned about CRA requirements (STRATMOR’s current blog is titled, “Knowing CRA Developments is Critical”), remember when it was Ford, GM, and Chrysler? The third largest automaker in t...

With rising interest rates and compressed margins, many lenders are looking to their servicing business to grow revenue. Two biggest investors — Fannie Mae and Freddie Mac — continue to adjust their guidelines amid the unpredictable nature of the global pandemic.