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Non-QM, DPA, Jumbo News; Training, Servicing, Marketing, Dashboard Tools; 10-Year Approaching 3 Percent

As the nation ruminates on the court ruling on the mandatory mask mandate, remember, “You do not need a parachute to skydive. You only need a parachute to skydive twice.” It is a safe bet that the Federal Reserve will raise short term rates more than twice before summer. This month’s STRATMOR blog is titled, “A Primer on the Federal Reserve and Mortgage Rates.” Here in Atlanta, in the MBA-STRATMOR Peer Group Roundtable meetings, much of the conversation revolve...
New York United States Elliot Eisenberg Kenny Parkhurst Leo Anzoleaga Kim Schenck

Fulfillment, Automation, CE Products; TPO Business Tweaks & New Products

Let’s face it, women spend more time worrying about what men are actually thinking than men actually spend thinking. While capital markets staffs are checking out graphs of the Fed Funds Rate, and a steepening yield curve, MLOs of both sexes are thinking about bolstering their referral base: Realtors are for rookies. In the last several weeks, my travels around the country (currently in Tennessee for the TNBA educational luncheon… Did someone mention “Walking in Memphis?&#x2...
United States Long Beach Mark Hammond Rob Chrisman Ginnie Mae Fannie Casey Cunningham

FHA Jobs; Processing Efficiency Tools; TPO, Non-QM, Education Products; Consumer Inflation Pushes 10-year Past 2%

Everyone has a story about something they said or asked that they shouldn’t have. “When are you due?” is a good one, as is asking, “When did you turn 60?” when the person is only 55. But forecasters are out in force, saying things about interest rates they may, or may not, regret later. Analysts at Citigroup and Goldman Sachs, for example, expect an interest-rate increase likely forthcoming from the Federal Reserve to be less than the widely predicted half-per...
United States South Carolina San Diego Freddie Mac Paul Peters Matthew Dailey

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Conforming Conventional Updates; Lender and Broker Services; The Fed Has Spoken

Overheard in the hallway: “My email got hacked again. That’s now the third time I’ve had to rename the cat.” But there’s a lot of other conversation and session topics here in the hallways at the IMB in Nashville. Discussion about the rapidity of the Federal Reserve’s moves in attempting to combat inflation, and how might those moves actually eventually push rates back down if they dampen the economy. How volume and margin projections for 2022 are changi...
Maxwell Point United States Freddie Mac Charles Blondin Tom Davis Bruce Weltin

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