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Appraisal, Sales, Jumbo and Non-QM Products; Training and Events in July; Rates and Recession Fears - Vimarsana News

Appraisal, Sales, Jumbo and Non-QM Products; Training and Events in July; Rates and Recession Fears

“I'm a multitasker. I can listen, ignore, and forget all at the same time!” We won’t, however, soon forget this part of the business cycle. “Rob, thank you for all your help placing ads for Ops staff for us. With the ‘Work from Home’ movement, and cutbacks, we don’t need all of this office furniture. Would you run an ad to sell it?” First off, I told the person that no, I wouldn’t. But more importantly, this well-known lender is experiencing what many lenders are, which is that cutting back can be just as difficult, if not ...

AI, Compliance, MSR, Processing Tools; Non-QM and Jumbo Changes - Vimarsana News

AI, Compliance, MSR, Processing Tools; Non-QM and Jumbo Changes

As servicing rights continue to be sold, and residential lender layoffs are rampant, here’s a quick reminder that anyone displaced can post their resume for free here; employers can view all resumes for a flat $75 for several months. Today I am passing through Chicago to the Indiana MBA conference. Unfortunately Chicago has the dubious distinction of being on the List of Top 10 Metro Areas where home prices are down the most. (Toledo, Rochester, and Detroit make up the top three.) Did you know that in 2020, there were the most first-time home buyers ever in history at 2.38 million? Inte...

Non-QM, Reno, Jumbo Products; SaaS, Sales, Underwriting Products; Correspondent News; Underwriting Shifts - Vimarsana News

Non-QM, Reno, Jumbo Products; SaaS, Sales, Underwriting Products; Correspondent News; Underwriting Shifts

Non-QM, Reno, Jumbo Products; SaaS, Sales, Underwriting Products; Correspondent News; Underwriting Shifts Apr 8 2021, 9:55AM "i" before ‘e’ except after ‘c’” has finally been disproved by science. Does “machine learning” equal “Artificial Intelligence (AI)”? Nope. And did you know that over the past 12 months, in the U.S. there has been a net loss of 2,563 bank branches (3,585 branches shuttered while 1,022 were opened) per S&P Global? Although the pandemic has definitely had a hand in speeding some of these closures along, lenders are concerned ab...