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MLO Jobs; Automation, MSR Valuation Tools; STRATMOR Comp Data and Survey; Events and Training

Now we have a butter shortage raising prices ahead of the holidays. Great. While margarine makers are licking their chops over the news, vegans and other readers should know that no animals are ever harmed in the making of this commentary! But speaking of harm, in the current environment, and probably for the next couple quarters, vendors and lenders working 30 percent harder to make 40 percent less. Or worse. If the Fed’s actions can push asset prices higher, it’s actions can also push asset prices lower, right? Indeed, many will argue that is what we’re seeing now, and despite the Fed making its future actions clear, I am reminded of the old saying, “Don’t fight the Fed.” So be cautious when seeing any rate move down. (More below in the capital markets section.) Many in our industry are using this lull in business activity to attend conferences (last week’s Mortgage Collaborative conference had over 400 registered; this week’s M ....

National University , United States , Cleveland Mester , Evan Hastings , Francisco Daly , Casey Cunningham , Marianne Collins , Dalla Logan , Jeffrey Meyers , Ron Vaimberg , Tim Mcgraw , Anjelica Nixt , Steve Richman , Selma Hepp , Krissy Hefton , Sandie Tate , Jeremy Forcier , Ron Wallace , California Mba Dei Committee , Guaranty Mortgage Services , Market Committee , Federal Reserve , National Mi University , Zoral Group , World Largest Transportation Company , Candor Technology ,

MLO Jobs; Automation, MSR Valuation Tools; STRATMOR Comp Data and Survey; Events and Training

MLO Jobs; Automation, MSR Valuation Tools; STRATMOR Comp Data and Survey; Events and Training
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

National University , United States , Cleveland Mester , Evan Hastings , Francisco Daly , Casey Cunningham , Marianne Collins , Dalla Logan , Jeffrey Meyers , Ron Vaimberg , Tim Mcgraw , Anjelica Nixt , Steve Richman , Selma Hepp , Krissy Hefton , Sandie Tate , Jeremy Forcier , Ron Wallace , California Mba Dei Committee , Guaranty Mortgage Services , Market Committee , Federal Reserve , National Mi University , Zoral Group , World Largest Transportation Company , Candor Technology ,

Cap. Mkts., CRM, Appraisal Bias, Pre-Qual Products; October Events and Webinars; S&D Loan Pricing Where?

Water is a powerful force: just check out this time lapse storm surge video from Ft. Meyers in Florida. Turning to metaphors, Sun Tzu said, “If you wait by the river long enough, the bodies of your enemies will float by.” Some investors and lenders may have adopted that phrase. We’re staring at the autumn and winter, and its ugly out there. Cutting costs fast enough? Best Capital, Finance of America’s retail division going to G-Rate (as reported earlier this week in this commentary) and perhaps closing its wholesale channel (with its low margins and high perceived risk warrantying all the broker business). AnnieMac (American Neighborhood Mortgage Acceptance Company LLC) “as a result of worsening market conditions, has made the difficult decision to cease Wholesale Operations effective October 31, 2022…” (Those impacted by mortgage companies downsizing can post their resume for free here and employers can view them for the nominal fee of ....

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