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TPO and Correspondent, Non-Agency Best Ex, Verification; Equity Figures for Refis; STRATMOR on Customer Experience

Talk can be humorous. "That lowdown scoundrel deserves to be kicked to death by a jackass, and I'm just the one to do it." (Attributed to a congressional candidate in Texas.) Here in Dallas, mortgage talk is certainly wide-ranging and varied as there’s a lot going on out there as we head toward Thanksgiving week, including cost cutting, M&A, and Fair Lending. Today’s Rundown features Feliks Viner, VP of Capital Markets with First World Mortgage...
South Carolina United States North Carolina San Francisco Mike Seminari Chandra Srivastava

Verification, HELOC, POS, Servicing Transfer Products; Webinars Today and Tomorrow; Fannie's Solid Earnings

“Change is inevitable, except from a vending machine.” Corporate changes are the name of the game. Atlanta’s Crescent Mortgage’s bank owner is aligning all mortgage facets of the enterprise and moving to “retail only” and eliminating third party. Rather than wind down, Colorado’s Universal Lending is inking an agreement with Lower LLC in a partnership setting up Universal Home Loans being in the same markets as a division of Lower LLC and improve ...
United States Robbie Chrisman Charlotte Brown Katie Plezia Sean Herrero Kim Kriel

Tech Sales, LO Jobs; Correspondent, Verification, Pricing Products; Mitigating Credit Costs

“Who closes the door when the bus driver gets off? The world is full of questions. “Why have all the predictions of lower rates been wrong?” Yesterday I was in the SF Bay Area giving a speech to a group of LOs and management and was asked, “Rob, are you hearing that lenders are requesting clients pay for the credit report(s) up front?” Absolutely I am. Lenders have grown weary of paying for the credit reports of loans that don’t fund and heaping those ri...
United States New York David Laz Lazowski Justin Venhousen Steve Jacobson Mike Johnson

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MA: Mastercard (MA) vs. Equifax (EFX): Buy, Hold or Sell These Financial Stocks?

Mastercard Incorporated(NYSE:MA): The financial services industry is well-positioned for robust profitability and expansion thanks to sustained demand and widespread adoption of digital technologies. Moreover, financial institutions generally benefit from higher interest rates. So, letโ€™s determine if you should buy, hold, or sell financial stocks Mastercard (MA) and Equifax (EFX). Read on to know moreโ€ฆ
Boa Vista Mangeet Kaur Bouns Steve Reitmeister Federal Reserve European Commercial Bank Equifax Inc

Credit Report, Buyer Research, Broker Processing Products; Guild and First Centennial Deal

As the rumor spreads that millions of women are lined up to be weighed at the Fulton County Jail, we head into late summer and early autumn, rarely a time for increased home sale activity. The National Association of REALTORS®' total membership in July 2023 is 1.56 million. There are about 547k active listings. That’s one listing per three NAR members, which doesn’t even include non-NAR real estate agents. Analysts continue to point to the nationwide housing market...
United States District Of Columbia Jamison Mullen Garth Graham David Mccormick Sam Rosenblatt

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