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UW, Capital Markets, Training, Verification Tools; Webinars to Wrap up May; Chatter from NY

If you’re staying here in Manhattan, space is at a premium. I don’t recall the last time my room had a bathroom where one could turn the shower on, flush the toilet, and brush their teeth in the sink, all for a nightly tariff that would more than cover the monthly rent in many places around the world. Although this conference is about all things capital markets, like screaming buybacks from the Agencies, especially Freddie Mac, the primary markets are also a source of conversation....
Great Lakes United States San Francisco National University Jan Ozga Matt Wagner

Hedging, Non-QM Selling, Correspondent, Digital Insurance, Fee Collection Tools; Retail Offerings; Household Debt

This Commentary has made a name for itself in covering breaking, shocking news that other, lesser outlets are too timid to even mention. “One day I hope to be wealthy enough not to do a double take every time I see abandoned furniture on the side of the road.” “Wealth” is an interesting concept, and while lenders carefully watch their locks, funding volumes, and margins, and what they’re worth (STRATMOR’s current blog is titled, “Doing Business wi...
Times Square New York United States Paul Yarbrough Jamie Dimon Scott Harris

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Hedging, Revenue, Marketing, CRM, POS Products, Counterparty Questionnaire

Pi Day has come around once again, which is also, coincidentally, Albert Einstein’s birthday. As I head to Lexington for the MBA Kentucky Education Conference, led by Alan Thorup, Matt O. sent, “I have an idea: We organize a 10k race in San Jose and call it ‘The Bank Run.’” (While we’re on sports, a moment of silence for Dick Fosbury who revolutionized the high jump in the mid-1960’s). High jumpers have a soft pad to land on, not so with some bank...
United States Dick Fosbury Carla Herrera Chris Bennett Peterc Earle Michele Teague

Fair Lending, Broker, Jumbo Programs; CFPB Reviews LO Comp; Former Fannie CEO to Run SVB

Where should we start the week? How about how predictions and forecasts are nearly worthless when they’re out of date one week later? How about with an old-fashioned run on a bank, eliminating any talk of another Fed rate increase. People wonder, “Where do I bank? Is it big enough? Is there enough regulation?” Lenders are making sure that their warehouse funding is not only from one bank, since nothing will shut down a faster than lack of liquidity and inability to fund loan...
New York United States California Valley Mark Teteris Jeromeh Powell Martinj Gruenberg

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