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Sales, Tech, VOE Tools; Freddie and Fannie Changes Continue; Omicron and Mortgage Rates

W.C. Fields said, “Money will not buy happiness, but it will let you be unhappy in nice places.” Unfortunately, many people have much less of it, and here’s a quiz to start the week. What are -68 percent, -66 percent, -60 percent, -40 percent, -13 percent, and -2 percent? They are all the stock performance since their initial public offering, or SPAC merger, of well-known companies in the residential mortgage business. And the numbers aren’t even the decline from their price highs, which would look much worse. In order of a hit taken: Home Point, loanDepot, Finance of America, United Wholesale, Rocket, and Guild. (Thank you to California’s Jeff B. for sending.) Every deal was different, but many analysts are questioning the franchise value of pure TPO (broker and

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Sales, Tech, VOE Tools; Freddie and Fannie Changes Continue; Omicron and Mortgage Rates

Sales, Tech, VOE Tools; Freddie and Fannie Changes Continue; Omicron and Mortgage Rates
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , California , Montana , United-kingdom , America , American , British , Freddie-mac , John-evansdonneda-santa , Fannie-mae-december , Cassidy-osullivan

Senior Management, AE, MLO, Ops Jobs; Corresp., Sales, Warehouse Products; Agency Changes Continue

Senior Management, AE, MLO, Ops Jobs; Corresp., Sales, Warehouse Products; Agency Changes Continue
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

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MLO Jobs; Secondary Marketing, SaaS, Purchase Tools; Fannie Addresses NOO and 2nd Home Policy

MLO Jobs; Secondary Marketing, SaaS, Purchase Tools; Fannie Addresses NOO and 2nd Home Policy
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

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Cap. Mkts., MLO, AE, Ops Jobs; Loan Sales, Pricing, Tax Estimating Products; Is the Fed Contributing to Housing Price Escalation?


Cap. Mkts., MLO, AE, Ops Jobs; Loan Sales, Pricing, Tax Estimating Products; Is the Fed Contributing to Housing Price Escalation?
May 27 2021, 8:29AM
I was telling my cat Myrtle about the labor shortage in the United States, but she didn’t seem fascinated, to say the least. In fact, she gave me a look like, “I am an apex predator, open the door. Now.” Economists are quick to point out that while there is no shortage of jobs in our economy, there is a shortage of people who want to return to work because many of them are making more on unemployment. But it is doubtful that they are happier. Foster and Hicks wrote a book titled, “How We Choose To Be Happy: The 9 Choices of Extremely Happy People, Their Secrets, Their Stories” worth a gander, and collecting unemployment versus making a contribution isn’t on the list. Being healthy is on the list, but… dang it! I didn’t have a chance to go the gym yesterday. That makes five years in a row. But others want to exercise, and NAHB reports that nearly half the buyers of new homes want an exercise room. Of course, wanting a gourmet kitchen doesn’t mean you’re going to cook. (Today’s audio version of the commentary is available here, this week’s is sponsored by Shamrock Home Loans, and features and interview by me of CEO Dean Harrington discussing bringing on the next generation of talent to the mortgage workforce.)

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