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Verification, Lien Release Products; Relying on Interest Rate Predictions? STRATMOR Outlook - Vimarsana News

Verification, Lien Release Products; Relying on Interest Rate Predictions? STRATMOR Outlook

“My dad always said to me, ‘Work until your bank account looks like a phone number’ so I did. Account balance: $9.11.” You can work harder, or you can work smarter. (I have severe doubts about the validity of this clip; it gave me the willies watching it.) Swimming is certainly a competitive sport. Do you have competitors? Most businesses do. Which is a reason that hotels offer free ice, thanks to a hotel chain that began in Memphis, TN. If the Mortgage Bankers Association is right, and volume does pick up some in 2024, that doesn’t mean the competition to do...

HELOC, Retention, Verification Tools; M&A Marches On; Volatile Year but 10-Year yield ends 2023 Roughly Where it Began - Vimarsana News

HELOC, Retention, Verification Tools; M&A Marches On; Volatile Year but 10-Year yield ends 2023 Roughly Where it Began

“What do you call a gal who’s had too much to drink? A cab.” Of course, anyone who’s been drinking should stay away from California’s 40-foot waves. Drinking too much has its consequences, either when you’re doing it or the next day, and under the “Big Brother marches on at the expense of privacy” heading, in Brazil, Burger King says it's doling out "Hangover Whoppers," using facial recognition to determine whether you had too much to drink last night. Technology has strange offshoots. Google, thought to be tech ...

Credit and Verification, Broker, Borrower Portal, Accounting Products; Mortgage Credit News - Vimarsana News

Credit and Verification, Broker, Borrower Portal, Accounting Products; Mortgage Credit News

Here’s what happened when a company relied on forecasts and rate predictions during late 2022 for its business in 2023. You’d have a come-apart! Speaking of losing one’s cool, how do you think IMBs feel about this Bloomberg story about how mortgage fees at banks are less than at non-banks? In STRATMOR Group’s December Insights Report, STRATMOR provides key takeaways that will help lenders think outside the box, evaluate new strategies, take risks and survive the downturn that is likely to continue into the first quarter of 2024. Lenders are looking at rising credit ...

TPO, Accounting Automation, Verification; Training and Webinars; FHA, HECM, Ginnie News - Vimarsana News

TPO, Accounting Automation, Verification; Training and Webinars; FHA, HECM, Ginnie News

Here in Chicago, there are several restaurants that are “the place” to have afternoon tea. Tomorrow is the 250th anniversary of the Boston Tea Party. (And no, I was not working on a trading desk slinging MBS back then.) In those days, news traveled via word of mouth, rare newspapers, sermons, personal letters, or broadsides. People had time to think about things and contemplate. Nowadays, there are plenty of places from which to glean financial news. Unfortunately, the press is not one for putting good news in the headlines, and Navy Fed finds itself in the crosshairs of CNN brea...