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Mortgage Evolution, Employment, Vendor Services; Fed Hawk Talk Persists

Does evolution lead to success? Major League Baseball is banking that instituting a pitch clock and banning defensive shifts starting next year will lead towards shorter games and more fan interest. M.L.B. will also increase base sizes by three inches to reduce injuries and increase stolen base attempts. The league must be envious of the continued success of the N.F.L., which kicked off its regular season this past weekend. Television viewership for the N.F.L. in 2021 was its strongest in six ye...
The Guardian United States Santa Monica San Antonio Chris Johnstone Roger Goodell

Fed Balance Sheet, Employment Opportunities, Vendor Tidbits, Investor News

The mortgage industry has come a long way from March of 2020, when the Federal Reserve pledged to buy “unlimited” amounts of Treasuries and MBS to stabilize the credit markets. The Fed started to shrink its balance sheet earlier this summer, and at the start of this month ramped up to a reduction rate of $95 billion per month ($60 billion of Treasuries and $35 billion of MBS) with plans to end its purchases of MBS from early payoff proceeds next week. The Fed’s actions in Ma...
United States Jessie Hibbard Cleveland Mester Joe Shalaby Suha Zehl Bryan Baxter

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Oakleaf Adds Senior Business Development Manager

The Oakleaf Group, a provider of mortgage loan due diligence, data analytics, financial modeling, and advisory services for the mortgage & financial services industries, has appointed Eric Christensen as senior managing director of business development.  Christensen will lead Oakleaf's efforts to expand its service offerings to new clients across the mortgage industry, the company said. He will work closely with the executive management team to promote new products and support growth a...
United States Eric Christensen Chris Milner Oakleaf Group Fannie Mae Credit Data Solutions

Purchase Originations, eNote Tools; FHA, VA, Ginnie News; Inflation and Savings

I hope that you’re not reading this while stuck due to the thousands of cancelled flights or road closures in Northern California! Kudos to Carol K. who sent, “One thing nobody ever talks about being an adult is how much time you debate yourself on keeping a cardboard box because it’s, like, a really, really good box.” Kudos is an interesting word. Do the governments/governors in California and Colorado deserve kudos for making these moves ...
New York United States District Of Columbia White House Times Square Barksdale Air Force Base

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