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Doc Uploading, Correspondent, HELOC, Fraud Prevention Tools; Radian/FinLocker Deal; Secondary Marketing Primer

Our Federal Reserve doesn’t control events around the world, like a ship being stuck in the Suez Canal, or the current Red Sea geopolitical aggression, or China raising chip prices, or OPEC raising gasoline prices, or… or… or. So, consumer and producer prices are always a bit of a wild card. Since they influence the Federal Reserve’s actions, and therefore, in turn, mortgage rates, inflation has certainly been in the news for some years now. (There’s even a jok...
United States Red Sea Djibouti General Andrew Rhodes Scott Reuter Freddie Mac

Super Jumbo, HELOC, DSCR, CRM Texting, Servicing Rights, QC Products; Fannie/Freddie Updates

Today I head to Northern California, home of plenty of technology. The other day I went to the doctor and the receptionist handed me a tablet and said, “Please fill out these medical forms on the screen, which are identical to the ones you filled out earlier online, and have the exact same questions your doctor will ask you later in the exam room.” Great. There’s nothing like old-fashioned printed things. I am sure that menu Quick Response (QR) codes are fine, but plenty of ...
United States Kenon Chen Eric Nelepovitz Orleans Jan Sandra Madigan Freddie Mac

Best-Ex, Outsourcing, LOS/Servicing, Portfolio, CRM, QC Products; Conventional Conforming News; 30-year Rates Hit 8 Percent

Unlike lenders who are dealing with 8 percent on rates sheets, sports fans and sports bars are reveling: NBA, MLB, NFL, NHL, all at the same time… And Philadelphia is in the thick of it. A lot of halftimes. Is our industry “down 20-0 at halftime?” Here are the thoughts of Fairway CEO Steve Jacobson on not giving up, having shots taken at you, and using the tools lenders and LOs have to keep helping their clients, including technology. The word “technology” was ...
United States New York Freddie Mac Tom Booker Phil Rasori Paul Yarbrough

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HELOC, Servicing, PPE, Relationship, DPA Products; Events and Webinars This Week

Lending continues to be intertwined with legal and compliance issues. Here’s a story from overnight that is catching a lot of attention: “Equifax stock falls after saying it received a CID from the CFPB.” The Federal Trade Commission (FTC) agreed to drop its challenge to Intercontinental Exchange Inc.’s (ICE) proposed deal with Black Knight Inc. in a joint stipulation that allows them to work toward a settlement. Lender ToolKit is suing Celebrity Home Loans and MLD. a...
United States New York Janna Fox Justin Demola Melissa Langdale Ingrid Petersen

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