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Borrower Engagement, Analytics, Internal Audit Tools; CRA News; STRATMOR on the Cost of Indecisive Leadership

Are you gradually eating dinner earlier? Join the trend. Want to know another trend that isn’t so benign? Along the lines of the STRATMOR piece below, I received this email over the weekend. “Rob, I’m a processor at a lender who was doing about $80 million a month in 2020 and 2021 but is now doing $15 million. We saved money during those years and retained servicing. But now we’ve eaten through our savings, sold all of our servicing, had some Agency buybacks, and are ...
United States Virgin Islands Puerto Rico Amrit Khalsa Market Committee Land Gorilla Compliance Library

HELOC, Manufactured, Technology, Marketing, and Digital Tools; Central Banks and Inflation

If you want something sobering, almost mesmerizing, here’s a short drone video of the flood damage in Libya (at the 15 second mark you can see how it tore through the city). Fortunately not so sobering are some stats out of the United States. The U.S. homeownership rate in 2022 was even higher than before the COVID-19 pandemic at 65.8 percent compared to 64.6 percent in 2019. That rebound was driven largely by those aged 44 and younger. And who says Millennials aren't buying homes...
United States Freddie Mac Greg Korn Ben Petit American Savings Bank Market Committee

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Dark Matter Technologies LLC launches to revolutionize mortgage origination with cutting-edge fintech

ENewsChannels NEWS: -- Dark Matter Technologies LLC, formerly Black Knight Origination Technologies LLC, was rebranded after it was acquired into the Perseus Operating Group (Perseus) of Constellation Software Inc. (Constellation). According to Rich Gagliano, Dark Matter Technologies' chief executive officer, the organization is on a mission to revolutionize the mortgage origination business by supporting, growing and aggressively innovating new and existing products including the popular A...
United States Tom George Bonnie Wilhelm Perseus Operating Group Constellation Software Inc Knight Origination Technologies

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