Lender Broker Software News Today : Breaking News, Live Updates & Top Stories | Vimarsana

“One minute you're young and having fun. The next, you're turning down the car stereo to see better.” Gone are the days when all loan officers wanted to see from their company was decent pricing on FHA, VA, Fannie, and Freddie programs, and fast processing. Now, in an effort to do the harder deals (and they’re all harder now, right?), LOs want to see some adjustable-rate programs with decent pricing, non-QM offerings, “green” products, and affordable housing products. On a larger scale, we’re all watching the Fed try to make up lost gro...

As the MBA’s Secondary Marketing Conference wraps up in Manhattan, and the 1,200 or so registered head home and face post-conference life, Rob B. asks, “What was the mood of the attendees: Denial, anger, bargaining, depression, or acceptance?” The talk in the hallways revolved around constructive things like ARM investors and pricing, outlets for investment and second homes, lock and shop programs, extended locks, all-cash programs, and the various vendor offerings. On a larger scale, the FHFA, acting through Fannie and Freddie, has a lot going on. The Agencies continue to...

Happy 420 Day. (Tomorrow, by the way, is Happy Surprise Drug Test Day.) Another day, another layoff story from Better.com. The human tragedy in Ukraine continues, but the world financial markets seem to be concentrated on the mounting inflation numbers. Our Federal Reserve is viewed as playing catch up, and we are reminded of its mandate of “maximum employment, stable prices, and moderate long-term interest rates.” Here in Atlanta, in the MBA and STRATMOR Peer Group Roundtable meetings, much of the conversation revolves around bank and non-bank lending. Banks and credit unions ar...