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Bridge, DPA, Non-Agency, Fee Collection Products; Training, Webinars, Events

“Looking out at the road rushing under my wheels… Looking back at the years gone by like so many summer fields.” Yes, at the end of today we’re halfway through with 2022 (already). Time passes, hair styles, relationships, people, pandemics, and companies come and go. (Today’s joke has to do with the passing of time.) History is made and remembered. Woody Williams, the last surviving WWII Medal of Honor recipient (Iwo Jima), died yesterday at 98, as did Hells An...
United States National University Freddie Mac Nancy Obando Randell Gillespie Alex Kutsishin

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Loan Sales, Closing Cost Scenario, Asset Sale Tools; Rates Dropping...What is the "Neutral" Interest Rate?

“One minute you're young and having fun. The next, you're turning down the car stereo to see better.” Gone are the days when all loan officers wanted to see from their company was decent pricing on FHA, VA, Fannie, and Freddie programs, and fast processing. Now, in an effort to do the harder deals (and they’re all harder now, right?), LOs want to see some adjustable-rate programs with decent pricing, non-QM offerings, “green” products, and affor...
United States David Kittle Kevin Peranio Katherine Campbell Melissa Thomas Barry Habib

United States : Biden Administration Launches $2.3 Billion Program to Strengthen and Modernize America's Power Grid

The Biden-Harris Administration through the U.S. Department of Energy (DOE) released a Request for Information seeking public input on the structure of an approximately $2.3 billion formula grant program to strengthen and modernize Americas power grid against wildfires, extreme weather, and other natural disasters exacerbated by the climate crisis. The new program, established
United States Jenniferm Granholm Biden Harris Administration Transmission Facilitation Program Area Power Administration Transmission Infrastructure Program Buildinga Better Grid Initiative

HELOC, Non-QM, Pricing, eNote, AI, Warehouse Products; Training and Events Through June

Besides a reminder that it is Teacher Appreciation Week, how about some loan officer humor to lead off Monday? “We’re closing on our house next week. Sorry we didn’t use you.” “Oh, that’s okay. You should really go buy a new car this week to celebrate.” LOs have a lot going on, including dusting off their adjustable rate mortgage playbooks: ARMs are making a comeback. Rate talk dominates. Unfortunately, the pricing isn’t quite there yet to ...
New York United States Fort Wayne Times Square Ponte Vedra Jerome Powell

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