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Retail, Correspondent Jobs; Performance, Non-QM, Sales Tools; STRATMOR Strategy Paper; DACA and FHA


Retail, Correspondent Jobs; Performance, Non-QM, Sales Tools; STRATMOR Strategy Paper; DACA and FHA
Jan 21 2021, 8:19AM
“Do y’all remember, before the internet, that people thought the cause of stupidity was the lack of access to information? Yeah, it wasn’t that.” The internet has brought a lot of change to the world, and to our industry. But we don’t need the internet to drive changes, and potential changes, in our biz. HUD has declared that it will once again back DACA mortgages. Huntington’s Rob B. asks, “Is a CRA Mandate coming for independent mortgage banks (IMBs)?” (Prompting his question is the perception that President Biden will look for opportunities to boost homebuyers and builders. Of course, if there is little inventory, or land to build on, or people to build them…) CFPB Director Kathy Kraninger, who s term would not have ended until 2023, resigned, indirectly furthering the Biden Administration’s pick of repla ....

United States , Annie Mac , Patrick Welberg , Huntington Rob , Rob Saunders , Brian Montgomery , Rohit Chopra , Jeff Babcock , Kathy Kraninger , John Owens , Richard Jackman , Ginnie Mae , Pennymac Correspondent Group , Academy Mortgage , Amerihome Correspondent Division , Technology Open To Approved Lenders , Amerihome Consumer Direct Division , Luxury Mortgage Corp , Us Citizenship Immigration Service , Resource Center , Freddie Mac Primary Mortgage Market , Flagstar Bank , Group Insights , Bank Statement , Biden Administration , Workplaces In Financial Services ,

Ops, Branch Manager, LO Jobs; CFO Role Wanted; First American Rebrand; Rural, FHA, VA Program Changes


Ops, Branch Manager, LO Jobs; CFO Role Wanted; First American Rebrand; Rural, FHA, VA Program Changes
Dec 18 2020, 8:18AM
I don’t know what’s longer, a “regular” minute, “microwave” minute, or a “treadmill” minute. Speaking of time, if someone sends you an email saying, “The noon meeting has been moved forward two hours,” how do you read that, 10AM to 2PM? The answer shows which of these two ways you perceive time. Time perception really does matter: Some parts of 2020 dragged, some not. If a borrower is buying a home, a survey by Spruce tells us what every MLO knows: According to Ellie Mae s Origination Insight Report, loans are taking an average of 54 days to process, and homebuyers who are frustrated with the time to close are open to tech solutions. Time can also not be your friend if you’re a renter waiting to buy a home. Generally speaking, given interest rates, monthly payments from owners are less than rent payments ....

United States , Freddie Mac , Heather Nehmer , Anjelica Nixt , John Coester , Hal Sims , Steve Morse , Julie Messina , Toby Foster , Roy Jones , Ginnie Mae , Depot Select Program , Mortgage Companies , Agency Fixed Rate , National Head Of Underwriting , Rural Housing Service , National Processing Group , Agency Arms , Fannie Mae , Agency High Balance , National Mortgage News , Financial Corporation , Zillow Group , Marketing Department , First Community Mortgage , Agency Du Portfolio ,