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Underwriting, HELOC, DSCR, MSR Products; UWM, Rocket 1st Quarter Stats - Vimarsana News

Underwriting, HELOC, DSCR, MSR Products; UWM, Rocket 1st Quarter Stats

Remember: April is National Procrastination Month! I could tell that my cat Myrtle was displeased the other morning. She’s very secretive about her finances, but my guess is that she’s “long” residential lender stocks and procrastinated selling them. Nearly every lender’s stock price is near all-time lows, making the sellers of these companies during the last few years look like timing geniuses. Earning notes on UWM and Rocket are below, but loanDepot shares have lost about 43.8% since the beginning of the year versus the S&P 500's decline...

TPO, CFPB Exam, Sales Tools; Marketing for Purchase Business; Millennial Homeowners - Vimarsana News

TPO, CFPB Exam, Sales Tools; Marketing for Purchase Business; Millennial Homeowners

When you’re working from home, how interesting can next Thursday’s, April 28th, “Take Your Children to Work Day” be? WFH, or hybrid arrangements, is a continued concern for managers, and one of the informal topics in the hallways here in Memphis at The Great River Conference is how the next generation of leaders can’t learn how to run a company over Zoom. There are plenty of other things being discussed, such as the cost per loan, as measured by the MBA, increasing for six straight quarters in a row beginning in the 3rd quarter of 2020. On the good news categ...

Corresp., Construction, Sales Jobs; Non-owner, POS Products; Customer Service Tips - Vimarsana News

Corresp., Construction, Sales Jobs; Non-owner, POS Products; Customer Service Tips

Corresp., Construction, Sales Jobs; Non-owner, POS Products; Customer Service Tips May 17 2021, 8:27AM Here is a dab of trivia to start the week. There are only about 2,000 heart transplants every year in the United States. So, on average, that’s only about 2-3 per state per month. Help others and be an organ donor! Speaking of helping, people looking for a new job, or forced out of an old one, can post their resumes for free at Lender News. And employers can view them! Tools like that are useful when one sees headlines like, “U.S. banks could cut 200,000 jobs o...