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Accounting, Asset Transfer, LOS Tools; Conv. Conforming News; Encompass and MortgageCX; Mortgage Apps Continue Downward - Vimarsana News

Accounting, Asset Transfer, LOS Tools; Conv. Conforming News; Encompass and MortgageCX; Mortgage Apps Continue Downward

McDonald’s taking 9 years to eliminate its self-serve soda pop machines. (Couldn’t they take 5 hours and just move the machines behind the counter?) In other non-mortgage news, arguably more interesting to talk about than the continued decline in mortgage applications and IMBs concerned about CRA requirements (STRATMOR’s current blog is titled, “Knowing CRA Developments is Critical”), remember when it was Ford, GM, and Chrysler? The third largest automaker in the world is VinFast, a Vietnamese electric vehicle manufacturer that was founded in 2017 and listed ...

DSCR, PPE. Borrower Intelligence, DPR Products; STRATMOR MortgageCX News; Training This Week; Chopra Speaks - Vimarsana News

DSCR, PPE. Borrower Intelligence, DPR Products; STRATMOR MortgageCX News; Training This Week; Chopra Speaks

Yesterday I listened to the CFPB’s Rohit Chopra discuss home loans. Today I head from Nashville to Chicago, both known all over the world. Here, the United States has everything: mountains, forests, plains, rivers, swamps, tropical jungles, glaciers, beaches… I could go on. But apparently there is a certain attraction for some in Italy, Mexico, Costa Rica, Portugal for U.S. citizens, and those are the top countries for Americans buying real estate abroad. Back in the U.S. of A, the subject of a lack of inventory continues to be discussed from coast to coast. What if the “b...

Servicing, MSR Cashflow, POS, Digital, AVM, TPO Communication Products; Demographic Trends for Originators - Vimarsana News

Servicing, MSR Cashflow, POS, Digital, AVM, TPO Communication Products; Demographic Trends for Originators

Wanna track your credit score minute by minute, regardless of whether you speak English, Spanish, whatever? I have no idea why any sane person would want to do that, but SoFi will do it for you. More importantly, the number of people in the United States who spoke a language other than English at home has nearly tripled from 23.1 million (about 1 in 10) in 1980 to 67.8 million (almost 1 in 5), according to a recent U.S. Census Bureau report. At the same time, the number of people who spoke only English also increased, growing by approximately one-fourth from 187.2 million in 1980 to 241 millio...