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December 27, 2023
SAN DIEGO, Calif., Dec. 27, 2023 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, has wrapped up its fourth annual 12
December 27, 2023
SAN DIEGO, Calif., Dec. 27, 2023 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, has wrapped up its fourth annual 12
December 27, 2023
SAN DIEGO, Calif., Dec. 27, 2023 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, has wrapped up its fourth annual 12
December 27, 2023
SAN DIEGO, Calif., Dec. 27, 2023 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, has wrapped up its fourth annual 12
December 15, 2023
Here in Chicago, there are several restaurants that are “the place” to have afternoon tea. Tomorrow is the 250th anniversary of the Boston Tea Party. (And no, I was not working on a trading desk slinging MBS back then.) In those days, news traveled via word of mouth, rare newspapers, sermons, personal letters, or broadsides. People had time to think about things and contemplate. Nowadays, there are plenty of places from which to glean financial news. Unfortunately, the press is not...
December 8, 2023
“What do you call James Bond having a bath? Bubble 07.” In different bond matters, mortgage rates will always be higher than Treasury rates, in part because of the prepayment risk in mortgages that doesn’t exist with Treasury bonds. With the drop in rates, sales management personnel at lenders are busy figuring out how best to remind the staff about EPO (early payoff) penalties levied by investors while at the same time working on ways to save money besides furloughing, cutt...
December 4, 2023
“People would learn more from their mistakes if they weren’t so busy denying them.” Here’s a little trivia for the compliance folks in the coffee room: The CFPB handles 20,000 consumer complaints per week, and given that financing a home, and then servicing the loan, is the largest financial transaction most individuals go through, you gotta figure a chunk of the 20,000 involve mortgages. While we’re on the CFPB, Director Chopra addressed issues related to refi...
November 29, 2023
SAN DIEGO, Calif., Nov. 28, 2023 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, today announced four additions to its 2024
November 29, 2023
ENewsChannels NEWS: -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, today announced four additions to its 2024 Management Board of Directors. :: News from eNewsChannels
November 20, 2023
When you own your own home, you don’t have to deal with unreasonable landlords. (Warning: uncensored.) And then there are those who own their own homes that have no mortgage: almost 40 percent of Americans own their places outright, an all-time high. Do you think that you could live in 200 square feet? There are tiny homes, and then there is this place that kind of folds up! (Thank you to Arch’s Sharon K. for sending this along.) Meanwhile, among lenders there are many reports of, ...