DSCR, PPE. Borrower Intelligence, DPR Products; STRATMOR Mor

DSCR, PPE. Borrower Intelligence, DPR Products; STRATMOR MortgageCX News; Training This Week; Chopra Speaks

Yesterday I listened to the CFPB’s Rohit Chopra discuss home loans. Today I head from Nashville to Chicago, both known all over the world. Here, the United States has everything: mountains, forests, plains, rivers, swamps, tropical jungles, glaciers, beaches… I could go on. But apparently there is a certain attraction for some in Italy, Mexico, Costa Rica, Portugal for U.S. citizens, and those are the top countries for Americans buying real estate abroad. Back in the U.S. of A, the subject of a lack of inventory continues to be discussed from coast to coast. What if the “big companies” sold their holdings? Well, Invitation Homes is the largest single owner of single-family rental homes in the United States, managing more than 80,000 homes. But why should they, or any other corporate homeowner? Speaking of big numbers, among unmarried people ages 18 and over who have never been married, widowed or divorced, regardless of their sexual orientation, the odds of finding a potential mate in the U.S. are in men’s favor. There are roughly 89.8 unmarried men for every 100 unmarried women. (Today’s podcast can be found here and this week’s is sponsored by SimpleNexus, an nCino Company, and award-winning developer of mortgage technology for modern lenders. Hear an interview with Servbank’s Linda Case on how mortgage servicers can maintain high quality standards throughout the life cycle of a loan.) Lender and Broker Software, Products, and Services Just as Portsmouth, NH boasts the "Smallest Chapel in the World," Down Payment Resource (DPR) specializes in finding small programs that make a huge difference in peoples’ ability to afford a home. If you’ll be in town for the New England Mortgage Bankers Conference, schedule time with Tani Lawrence to explore how DPR can help you support homebuyer assistance programs that unlock the doors to homeownership for more borrowers. And if you’re not in Portsmouth, no need for FOMO. You can still book time with Tani to learn how DPR can help you recover loans declined due to insufficient cash-to-close or disqualifying DTI ratios.

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