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DPA, Warehouse, Multi-lingual Tools; Trigger Lead Law; STRATMOR on Customer Service; Mortgage Supply and Demand - Vimarsana News

DPA, Warehouse, Multi-lingual Tools; Trigger Lead Law; STRATMOR on Customer Service; Mortgage Supply and Demand

“Yesterday I asked my kindergartener what she did in school, and she replied ‘nothing,’ then later I went on Instagram and her teacher had posted a picture of her holding an alligator.” To keep your child safe from harm, or increase their boredom, next week, April 27th, is “Bring your child to work day.” I am not quite sure how that works with the hybrid office/work from home situation that many are doing now. “Come with me into the living room; I’ve arranged your desk on the coffee table.”? Lenders and vendors have been able to re...

Lender&Broker Products; Mergers and Acquisitions: Black Knight Worth Twice as Much as Yankees? - Vimarsana News

Lender&Broker Products; Mergers and Acquisitions: Black Knight Worth Twice as Much as Yankees?

Life is complicated. Take the Black Knight purchase by ICE. Some vendors are out there licking their chops at their company’s valuation while others are fearing for their future as “the big boys” become formidable. Taxes? The latest headline is about how TurboTax duped consumers. (Thank you, Guy S.) Was life simpler 160 years ago? Today celebrates Mexico’s victory over France in the Battle of Puebla on May 5, 1862. It was a relatively minor battle (and the French reclaimed Puebla a year later) but a symbolic one because a small Mexican army defeated a larger occup...

Servicing, Automation, Processing, Sales Tools; Non-QM and Jumbo investor News - Vimarsana News

Servicing, Automation, Processing, Sales Tools; Non-QM and Jumbo investor News

May the 4th be with you! Without the lisp, there are many forces tugging at lenders and vendors. Forget 2020 and 2021. Recruiters are asking LOs what their numbers were in 2018 and 2019. Prequals are running amok, and with them costs for any vendor services like credit verification. The Mortgage Bankers Association’s Marina Walsh tells us that the cost per loan has gone up six quarters in a row, despite all the “cost saving” automation. Meanwhile, in the secondary markets, life isn’t much better… and what happens there directly impacts rate sheet pricing for ...