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POS, Lead Conversion Tools; Important FHFA, Freddie, Fannie ARM and LLPA Changes Coming Soon

What does someone look like when they started working in our business at age 15? Well, there’s always this interview last week with Robbie Chrisman (yes, RCIII) about how he started his mortgage podcast and the potential influx of youth versus the 60- to 70-somethings. Yes, the industry continues to evolve, and not always in good ways. Every lender out there is coming to grips with the upcoming conventional conforming loan-level pricing adjustments hitting cash out refis. (Fannie Mae, Fre...
United States National City Freddie Mac Aaron Miller Fannie Mae December Robbie Chrisman

The art of solving problems with Monte Carlo simulations

The Go programming language is deemed to be the most promising programming language today due to its speed and simplicity, and I recommend you to at least get acquainted with it. Quick Introduction Generally speaking, Monte Carlo methods (or simulations) consist of a broad class of computational algorithms that rely on repeated random sampling to obtain numerical results. This technique is used throughout areas such as physics, finance, engineering, project management, insurance, and transport...
New York United States Monte Carlo Monaco General Paul Glasserman Monte Carlo Myron Scholes

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