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Servicing, HELOC Referral, CRM, Audit, Spanish Language Products; Webinars and Training This Week

Phantom Planet sang, California here we come, right back where we started from.” Many here at the Western Secondary have spent their entire career in California, which makes sense given that, over the decades, 20-25 percent of the nation’s home loans come from here. Overheard in the hallway yesterday: “I’ve been in this business so long, I remember when the big sleeping area in the house was called a ‘master bedroom’ and not a ‘primary sanctuary.’ That aside, there are more serious topics about staying afloat, and further staffing and overhead reductions are coming. Rember that from 2021 to 2023 the number of units (not the volume) is down 2/3. How about your staff? Loans have gotten harder to do: interest rates are higher, short contract times, affordability, quality standards, borrower’s variable income, LOs not doing their homework in submitting files, borrowers having multiple jobs or quitting before the loan funds. The ....

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Transcripts for CNN The Source With Kaitlan Collins 20240604 01:52:00

Going to be appointing someone else in that role as quickly as possible given how crucial it is at this time. meanwhile, as hawaiians are dealing with the unimaginable loss of what they are dealing with, the fbi is on high alert against criminals exploiting these disaster victims with scams. joining me tonight is maui resident ella. thank you for being here. knew haerg that the administrator is stepping down. his defense of not sounding the sirens. what do you make of that? i don t have words but i know that it should have been sounded. it could have saved lives. when everyone is aware that there was fire going on at that time. however, i do feel like, i do ....

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Transcripts for CNN CNN Primetime 20240604 06:25:00

And so we are going to try to match the disaster survivors with those rooms and properties. again, really trying to get them out of the shelter environment and into a much safer place. a lot of these homes were not injured, so who pays for this? well, in this situation there has been an outpouring of a lot of generosity from all over the world, which we are very thankful for. there will be assistance for the individuals that have been impacted, whether they are disastrous survivors or the families of disaster victims. we ll be working with fema, state emergency management partners, red cross, and others to identify the unmet needs that might be there for each family to try to provide as much as we can. luke myers, thank you so much for coming on the show. we appreciate it. yes, thank you. coming up next, more on our top story. the historic 41 count indictment unsealed in georgia, ....

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TPO, Due Diligence, Automation, Servicing Products; LD Earnings; Events and Training; Moody's Bank Downgrades

“Once things were so tough for me, I worked at a cheap pizza shop to get by. I kneaded the dough.” Things are indeed tough out there. The other day I caught my cat Myrtle at the keyboard, apparently trying to show my new granddaughter Kozette how to apply for a loan to buy a tuna fishing boat. (I know, there’s a lot going on here.) Anyway, up on the screen was a website that will generate a paystub given whatever information you provide. How’d you like to be an underwriter, trying to assure that the borrower has the ability to repay, with this out there? Hence the need, obviously, for some kind of third-party verification service, right? Meanwhile, companies, large and small, continue to sell servicing rights in packages, large and small, in order to raise cash. Servicing is, pretty much, all a lender has in terms of net worth. And when their servicing is gone, well…? For a good bell weather of the general industry, yesterday we had loanDepot' ....

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