Compass and Redfin make cuts amid volatile market
Compass and Redfin each instituted layoffs Tuesday as economic conditions worsened. The next few days will be telling.
Source: housingwire.com
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Secrets to Broker Success: Partnering with a CDFI
Mortgage brokers must overcome challenges by offering diverse loan programs designed to meet the needs of prime, credit-worthy borrowers.
Source: nationalmortgagenews.com
How can brokers get ahead in a tight market?
Jon Irvine, Chief Production Officer at Change Lending, discusses how brokers can gain a new competitive advantage in today's market.
Source: housingwire.com
Prospecting, Processing, Closing Tools; Primer on the Expenses of Hedging Long-Term Locks
I knew it was going to be a rough morning today when my alarm went off and I found my cat Myrtle staring at the computer screen watching Social D’s “Don’t Drag Me Down.” (Excuse the language.) There was this email: “Rob, I’m thinking about leaving my company because it doesn’t offer 180- or 270-day rate locks. What do you think? We have trouble competing even with shorter term pricing. My current employer is allowing me to lock in a 60-day rate at 1 percent higher than the 10-day lock price, but my competition has stronger pricing than ours, and...
Source: mortgagenewsdaily.com