MLO, Recruiting, Training Jobs; Sales, Doc, Processing Tools; LLPA Price Adjustment Changes Sweep Through Investors Mar 16 2021, 8:04AM
Time flies. Ringo is 80!? I bet he’s done some vacationing in the last 60 years. I gave my wife a dart and a poster of a world map and told her, “Throw this and wherever it lands I’m taking you on vacation when this pandemic is over.” Turns out we’re going to be spending two weeks behind the fridge. Will there be demand for summer vacations this year? There is certainly an ample supply of places to go and stay… Supply and demand rules all! For example, rents have declined dramatically in big cities like San Francisco and New York as WFH people have moved out & demand dropped, but landlords are beginning to lease up again as decreased rents appear to be enticing tenants to return to the city, or hold on to current residents. In Manhattan, Brooklyn, and Queens, the number of leases signed last month beat the re
Ops, MLO, AE, Compliance Jobs; HFA, URLA, Servicing Products; Upcoming Training and Events; Rates Stable, For Now Mar 15 2021, 8:25AM
Here we are at the Ides of March: only two weeks until the end of the 1st quarter! The time is flying by and time is precious. Last night I slept on the couch to cut down on my morning commute. It worked! Rates have moved higher in 2021, as certainly the pressure is on rates to move higher rather than lower given the expected end of the pandemic and the resulting economic benefits. Some MLOs are fretting, some are moving ahead with their business plan regardless of rates. In terms of salesmanship, there are some creative techniques out there. In terms of operations, STRATMOR’s current blog is, “Ops: Reducing Friction for the Borrower”. (Lest I forget, today’s audio version of the commentary, featuring an interview with Bill Shirreffs, Sr. Director of MSR Services & Sales Operations at MCT, is sponsored by MCT MSR S