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Hedging, TPO Marketing, AI Underwriting, Encompass Tools; FHA and USDA News; STRATMOR on Lessons Learned - Vimarsana News

Hedging, TPO Marketing, AI Underwriting, Encompass Tools; FHA and USDA News; STRATMOR on Lessons Learned

While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, the CLL will probably increase around 6 percent for 2024 to around $770,000, and to $1,155,000 for high cost areas), both vendors and lenders continue with changes, instituting workweek reductions, furloughs, pay cuts, and layoffs due to overcapacity… Much different than a couple years ago when those same companies couldn’t hire people fast enough. Things rarely stay the same forever, whether it is in mortgage banking, shipping, or ...

TPO, LOS, Cybershield, Subservicing Products; STRATMOR on Customer Satisfaction - Vimarsana News

TPO, LOS, Cybershield, Subservicing Products; STRATMOR on Customer Satisfaction

“This commentary is only available while supplies last!” In the fall of 1621, the Pilgrims, working hard in Plymouth Colony after coming to North America with limited supplies in 1620, held a three-day feast to celebrate a bountiful harvest: the nation's first Thanksgiving. No football was involved. (During the Lincoln Administration it became a national holiday in 1863 to be observed on the fourth Thursday of November.) 300 miles to the southwest, New Jersey has spent $2.6 billion replenishing the Jersey Shore with sand since 1922 and given the inexorable march of climat...