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Margin Improvement, Non-QM, Secondary Tools; FGMC Fallout; California MBA Weighs In; Broker Petition

We’re all trying to save a few pennies. We have the increase in postal rates coming soon and perhaps pick up a roll, or ten, of Forever Stamps. It’s not like they have an expiration date, unlike, apparently, lenders. Remember names like AmeriLoan, Countrywide, PNC, WaMu, Home Savings of America, Fleet, Great Western, World Savings, Associates, Nat City? “We are writing to share an update on _____’s efforts to address significant, unexpected, and unprecedented economic...
Orange County United States New York Dana Point San Francisco Susan Milazzo

LO Sales Tools, CFPB Oversight, Processing, Rehab Products; Updates From Fannie

I recently opened my slang dictionary to the page that defined the origin of, “Different ways to skin a cat” and left it near my cat Myrtle’s water bowl. She didn’t seem interested. Which is fine. Lenders probably interested in that either, instead more intent on programs, pricing, and the general movement of interest rates. The Federal Reserve is interested in global events, and global events have been important to our economy. The war in Ukraine is something that ha...
United States Freddie Mac Rob Chrisman Anthony Ianni Katherine Campbell Suzy Lindblom

Dollar, Treasury Yields Retreat; Stocks Climb: Markets Wrap

Dollar, Treasury Yields Retreat; Stocks Climb: Markets Wrap Bloomberg 1/13/2021 Adam Haigh (Bloomberg) -- The dollar held losses and Treasury yields continued their retreat from a 10-month high as traders weighed the appetite for bonds and the latest comments from Federal Reserve officials on asset purchases. S&P 500 contracts edged higher and European futures were little changed. Asian stocks headed toward another record high. Ten-year Treasury yields fell to just above 1.10%...
Hong Kong United States South Korea City Of United Kingdom Jerome Powell
Source: msn.com

Sales Management, MLO Jobs; Recruiting, VA IRRRL, Non-QM Products; Litigation is Expensive; HMDA Season has Begun!

Sales Management, MLO Jobs; Recruiting, VA IRRRL, Non-QM Products; Litigation is Expensive; HMDA Season has Begun! Jan 11 2021, 7:58AM Of course some found humor in last week’s riot in Washington DC. (“In light of recent events, Mexico has decided that it will pay for the wall after all. And Canada wants one as well.”) For others, as heard in these messages from Republican Arnold Schwarzenegger and Colin Powell, there is nothing to laugh about. MLOs steer clear ...
United States New Mexico Paul Peters Brian Miller Dave Vida Arnold Schwarzenegger

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