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Borrower Outreach, Servicing Oversight Products; TPO News; Bank Merger Announced; Brokers and RESPA - Vimarsana News

Borrower Outreach, Servicing Oversight Products; TPO News; Bank Merger Announced; Brokers and RESPA

“I accidentally rubbed ketchup in my eyes. Now I have Heinzsight.” In terms of foresight, looking ahead, there are some interesting things going on out there in Mortgage Land! How ‘bout the CapitalW Collective non-profit for women in mortgage capital markets? And Beeline's Miguel Vega has been in the press lately with, "The Dream of Owning a Piece of America is a Dominant Theme in the Latino Community” and the company launching a Spanish-language version of its home loan experience this week. Something else that continues to be “interesting&#...

Lead Gen, Non-QM, QC Tools; Webinars Next Week; STRATMOR and Employee Morale; Subservicing Podcast Interview - Vimarsana News

Lead Gen, Non-QM, QC Tools; Webinars Next Week; STRATMOR and Employee Morale; Subservicing Podcast Interview

What color of front door “sells” the best? Some say black, although in a related topic red is the most popular. Doesn’t that mean red sells the best if there are more red front doors? Statistics are interesting things. LOs everywhere tell me that the deals are harder, and as an indication of both statistics and harder deals, a report by the Consumer Financial Protection Bureau (CFPB) revealed that 11 percent of Americans have a "thin or stale" score file, and therefore it's impossible to generate a current, valid credit score for them. Another 11 ...

NEXT Insurance Expands Liability Offerings With Tailored Coverage to Small Businesses - Vimarsana News

NEXT Insurance Expands Liability Offerings With Tailored Coverage to Small Businesses

NEXT Insurance expands coverage with commercial umbrella/excess liability coverage and extended liquor liability coverage for small businesses

Referral and Marketing Tools; TPO Products; U/W, Doc Custodian Review; DSCR and 2nd Program News - Vimarsana News

Referral and Marketing Tools; TPO Products; U/W, Doc Custodian Review; DSCR and 2nd Program News

Mortgage news temporarily aside, how about the government contemplating a law that would require cars to have AM radio?! AM radio goes farther than FM or cellular streaming services which is why, in out-of-the-way places, like in mountains, you can tune in to an AM station for traffic reports. If you think radio, or the mortgage process, is confusing, try visual entertainment, with too many cable channels and media outlets to fill with 24-7 options and opinions. Too many shows cast across streaming channels. Too many hours on cable TV with financial pundits offering crazy predictions, just to ...

Referral, Credit, Jumbo, Marketing, Online App Products; Fed Thoughts While Rates Tread Water - Vimarsana News

Referral, Credit, Jumbo, Marketing, Online App Products; Fed Thoughts While Rates Tread Water

While Academy Mortgage is in the headlines again about its data breach and ransomware, from which no company seems immune, remember that, “In a democracy it's your vote that counts. In feudalism it's your count that votes.” Setting mortgage rates isn’t a voting matter, but would you like your voice heard on how Freddie and Fannie price loans? Here’s your chance, as the FHFA is asking for input. It’s one thing for the FHFA or a presidential administration to spell out lending and housing goals. Translating those down the food chain into state, ...