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Solar for LOs; New Correspondent, Non-QM, Renovation Products; Freddie and Fannie News; Job Numbers Move Mortgage Rates

What’s our Federal Reserve concerned about? I was in a restaurant last night in Truckee, California, and was shown the table and handed the menu. When the waiter came back five minutes later, he said, “While you were deciding, we raised our prices.” Okay, a little inflation exaggeration humor there, but things are certainly always changing. Remember when everyone thought Amazon or Zillow were going to take over lending? Zillow is shuttering its closing and title services div...
United States Freddie Mac Tom Davis Carol Ann Dujanovich Steven Winokur John Wise

New scam on the street! Nithin Kamath on how to deal with fraudsters in the name of 'courier companies'

Fraudsters are impersonating delivery companies like FedEx and Blue Dart, warning users of a new threat, said Nithin Kamath, CEO of Indias leading broker Zerodha. An employee of Kamaths was called by a person claiming to be from FedEx, demanding money to release a package that the police had simply confiscated due to drugs being found inside.
Nithin Kamath Blue Dart Economic Times Financial Frauds Fraud Alert Nithin Kamath Tips

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