Page 31 - Mortgage Collaborative News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MLO Jobs; Customer Support, Servicing Products; Upcoming Webinars Cover Everything From Origination to Servicing Apr 12 2021, 8:14AM I received this over the weekend: “I just want to make enough money to live a life that doesn't include Microsoft Teams in my work life.” Many people in residential lending began their careers before Teams even existed, and I love it when I am listening to someone in their 60s or 70s talking about a lack of people in their 20s and 30s entering our biz. One could make the argument that people in their 60s or 70s are holding onto job...

Sales Mgt., MLO Jobs; Non-QM, Processing, ECOA, Subservicing Tools; Administration and Housing Apr 9 2021, 8:07AM What’s new out there? Queen Elizabeth’s husband Prince Phillip has passed away this morning at age 99. Wealthy people in New Yorkseem to be fleeing to live in other states with a lower tax rate. Both Freddie Mac and Fannie Mae released QM loan information that maps out their policies. Any lender originating Agency loans should be aware of their requirements and their effective dates related to their purchase of loans subject to the Qualified Mortgage...

Ops, MLO, AE, Compliance Jobs; HFA, URLA, Servicing Products; Upcoming Training and Events; Rates Stable, For Now Mar 15 2021, 8:25AM Here we are at the Ides of March: only two weeks until the end of the 1st quarter! The time is flying by and time is precious. Last night I slept on the couch to cut down on my morning commute. It worked! Rates have moved higher in 2021, as certainly the pressure is on rates to move higher rather than lower given the expected end of the pandemic and the resulting economic benefits. Some MLOs are fretting, some are moving ahead with th...

DPA, Automation, Sales, AMC, Compliance Products; Broker and Correspondent Tools; Economy Quietly Gearing Up Mar 10 2021, 8:07AM Today I head off on a business trip to Georgia for a few days, which reminded me that yesterday’s commentary had some state facts. As expected, people took exception with Texas and West Virginia’s lake trivia. Today they can take exception with the latest state rankings from U.S. News (thank you to Ken S. for sending it): Good news for Washington and Minnesota, not so much for Louisiana and Mississippi. And forgetting about states, if ...

Compliance, MLO, AE, Ops Jobs; Appraisal, Profitability Tools; Upcoming Events; Rates Creep Higher: Why? Jan 7 2021, 8:33AM Some will say that the world’s most anticipated palindrome is “1-20-21”. Others will say that Inauguration Day spells the end of personal freedom in the United States. In our business, lenders everywhere have their eyes on the horizon. One grizzled industry “Eeyore” emailed, “Every time I see headlines and reporting about giddy mortgage profitability and companies going public in the best year ever, I remember that Liz Warren is sti...