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LOS, Warehouse, Servicing Products; Freddie Mac and Trended Credit Data; STRATMOR on Younger Borrowers - Vimarsana News

LOS, Warehouse, Servicing Products; Freddie Mac and Trended Credit Data; STRATMOR on Younger Borrowers

Did someone say, “National Margarita Day”? (Splendid timing, especially as vendors and lenders contemplate a rate and volume environment that may not change much for months, and compensation & personnel adjustments continue.) In 2023, the United States was the leading recipient of Mexico’s tequila exports, importing 84.8 million gallons of tequila from South of the Border. This has nothing to do with residential lending, other than plenty of folks in our biz enjoy a tasty margarita. While we’re on taste, the other day I mentioned a joke about vultures sa...

Margin Mgt., LOS, Correspondent, AI Products; Fed Strategy and Goals; Remembering Dave Stevens - Vimarsana News

Margin Mgt., LOS, Correspondent, AI Products; Fed Strategy and Goals; Remembering Dave Stevens

Then VP Al Gore supposedly said, "It isn't pollution that's harming the environment. It's the impurities in our air and water that are doing it." Here in San Diego (current low temperatures in the high 40s), residents are very pleased about a new wastewater treatment plant being built south of the border, since SD has suffered beach closures for years due to effluent flowing north. Effluent aside, much of the mortgage talk here is about repurchases and early pay off penalties, as well as how independent mortgage banks (IMBs) have not been retaining ser...

Lender Credit, HELOC, PPE, AI Tools; Wholesale and Correspondent News; Millennial Refi Interview - Vimarsana News

Lender Credit, HELOC, PPE, AI Tools; Wholesale and Correspondent News; Millennial Refi Interview

My cat Myrtle is enthralled with Artificial Intelligence (AI). Okay, I made that up. She’s only interested to the extent that it impacts the supply of Icelandic Sea Trout into her bowl. AI is a hot topic these days, and in fact today’s Mortgage Collaborative’s “Rundown” at noon PT, 3PM ET, features David Karandish, the CEO of Capacity, discussing that and other trends in mortgage tech. A trend continuing to rifle through the ranks is mergers and/or acquisitions as a handful of well-known residential lending companies crisscross the country in search of small ...

Crystal Stanton joins Mortgage Machine to manage Customer Success and Onboarding - Vimarsana News

Crystal Stanton joins Mortgage Machine to manage Customer Success and Onboarding

ENewsChannels NEWS: -- Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced its appointment of Crystal Stanton to manage customer success and onboarding. Crystal brings more than 20 years of customer success experience to her role, with over a decade dedicated to the mortgage industry. :: News from eNewsChannels

Mortgage Machine Services Director of Sales, Dan McGrew, Speaking at the North Carolina eMortgage Closing Conference - Vimarsana News

Mortgage Machine Services Director of Sales, Dan McGrew, Speaking at the North Carolina eMortgage Closing Conference

ADDISON, Texas, Oct. 20, 2023 (SEND2PRESS NEWSWIRE) — Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, today announced Dan McGrew, its Director of Sales