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QC, Down Payment Asst., AMC, LOS Products; Readers Weigh in on Wells Shutting Correspondent - Vimarsana News

QC, Down Payment Asst., AMC, LOS Products; Readers Weigh in on Wells Shutting Correspondent

Ever been to Noma in Denmark? Me neither, although I did some solo bicycling there, which is so much more reliable than flying domestically this morning with the FAA’s system shut down. Apparently I have only two years to go, as the “best restaurant in the world” surprisingly announced it is closing in the winter of 2024. Cynics would say that is a publicity stunt, proponents will tell you that it is time for a change and the numbers probably don’t make sense. (Speaking of numbers, this month’s STRATMOR blog is titled, “Productivity: More Important tha...

Trading, Servicing Transfer, CRM Products; STRATMOR on Bank Market Share; Wholesaler and TPO News - Vimarsana News

Trading, Servicing Transfer, CRM Products; STRATMOR on Bank Market Share; Wholesaler and TPO News

“Someone asked me to name two structures that hold water. I was like, well, damn.” As the storms continue to hit us in Northern California and Nevada, not only is my cat Myrtle ticked off, but we are reminded that it is either feast or famine in the Golden State. Take your pick, forest fires or biblical rain: Over 20 trillion gallons of water are supposed to fall on California in a two-week span. Yes, that’s with a “t.” Ratcheting back several decimal places, new estimates from the Census Bureau found that the U.S. population grew by only 0.38 percent from Ju...

Accounting, Correspondent, Secondary Marketing Products; Lender's Rate Drop Protection Plan - Vimarsana News

Accounting, Correspondent, Secondary Marketing Products; Lender's Rate Drop Protection Plan

This is about the time you stop saying “Happy New Year” to people because you’ve forgotten who you’ve said it to and who you haven’t. Lenders and vendors are not forgetting the second half of 2022 as they plan for 2023, and widespread travel and entertainment cutbacks are standard fare. It is hard to justify spending $3-5k for each person to go to a conference just to “wave the company flag” when you just went through another RIF and you’re hoping to break even in the first quarter. Zillow has not forgotten anything, especially since it h...

Rate Lock Activity, Marketing, B2C Communication Tools; Wholesale and Correspondent News - Vimarsana News

Rate Lock Activity, Marketing, B2C Communication Tools; Wholesale and Correspondent News

While California girds its loins for an “atmospheric river and bomb cyclone”, readers should know that I sometimes ask myself, “Why can I remember the order of songs from an album 25 years ago, but I can’t remember why I went into the kitchen?” Yesterday I forgot that it was Ohio’s Union Home bought Michigan’s Amerifirst, not Guild. I apologize for the mistake… It’s all those “stable, multi-state, non-depository, residential lenders with strong management teams”… There certainly are a lot of rumors making the r...

Fee Collection, Bi-Lingual, Marketing Products; Thoughts on 2023: Not for the Faint-of-Heart - Vimarsana News

Fee Collection, Bi-Lingual, Marketing Products; Thoughts on 2023: Not for the Faint-of-Heart

Don C. shot me a note saying, “My New Year's Resolution is to stop being so condescending! (Rob, condescending means talking down to people.)” Thank you for that… The jungle drums have Amerifirst (the one in Arizona, not Michigan which was purchased by Guild) shutting its doors on 12/31, and rumors have American Pacific’s recruiters working through a wide swath of the company. (Remember that anyone can post their resume for free here for employers to view. People in our biz are always thinking about the future, and MCT had this to say about the 2023 housing ...