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“So, HBO Max is now just ‘Max.’ Your move, Peacock.” Lenders continue to cogitate on their next moves as rates remain stubbornly high and inventory available for sale stubbornly low, and neither appears ready to change much any time in the near future. As I continue to visit with groups of lenders and vendors, lender’s overhead, and how comp figures into that, continues to be a hot topic. STRATMOR’s current blog is titled, “Compensation: Ever Changing,” and I asked STRATMOR CEO Lisa Springer about what lenders are doing in that area. ...

If I had a dollar for every time someone called me a boring nerd, I'd have a mean daily income of $5.64 with a standard deviation of $1.25. Turning “boring” into “interesting” is something to be proud of. How about a hand-held miniature chainsaw or a shopping cart with a magnifying glass attached for reading labels? For loan originators, new and old, who think creativity has vanished from residential lending, maybe they should focus on the basics. This eBook has been recommended to me: “The Ultimate Borrower Communications Strategy for Mortgage Lender...

A non-bank lender has introduced its new short-term bridging loan product aimed at alleviating pain points associated with simultaneously buying and selling. Brighten Home Loans (Brighten) national s

“I’ve had $8,000 in my bank account and I’ve had $8. Let me tell you, the $8 lasted longer.” $42 billion in deposits didn’t last long in Silicon Valley Bank. Until lunch, basically, as money was silently transferred to other depositories in a matter of hours. Western Alliance is in the headlines today, and at another “headline” bank, First Republic Bank’s stock price plummeted down but has leveled off since, although the stock is trading at such a discount to book value that there is talk of a buyer coming in, or the government finding on...

Today I’m in Manhattan, having flown in to one of the nicer malls I’ve ever walked through, aka LaGuardia Airport. ($8 billion goes a long way.) No, I am not here to avoid the terrible tornadoes that have hit our nation, and I didn’t use Rocket’s new pro-home buying credit card to book the flight. No, I am not here regarding Donald Trump’s indictment by a Manhattan grand jury, although he is expected to come to New York today and to be arraigned in criminal court tomorrow. I certainly didn’t come to spend $8 on a pack of Oreo cookies or $30 on pasta wi...