Originator Connect Network News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Yesterday I listened to the CFPB’s Rohit Chopra discuss home loans. Today I head from Nashville to Chicago, both known all over the world. Here, the United States has everything: mountains, forests, plains, rivers, swamps, tropical jungles, glaciers, beaches… I could go on. But apparently there is a certain attraction for some in Italy, Mexico, Costa Rica, Portugal for U.S. citizens, and those are the top countries for Americans buying real estate abroad. Back in the U.S. of A, the subject of a lack of inventory continues to be discussed from coast to coast. What if the “b...

There’s a lot of good-natured competition here in Nashville. Around the world, there’s a competition for everything. Eat the most hot dogs, win the World Series… the best mullet was decided a few days ago. How ‘bout economic predictions? The team at the MBA sees volume dropping 9 percent to about $2 trillion in 2023. Are you ready for “more lower volumes”? All of these forecasters talking about real estate prices going down… what were they predicting about real estate prices at the beginning of 2020? Are there legal competitions? Probably not. B...

Every broker has a story.  How did you get into the industry? How did you carve out a place in an ever-changing industry? “Build-A-Broker: The Journey,” a new twice-a-month podcast presented by Mortgage News Network, tells those stories.  Host Andrew Berman talks with mortgage brokers about how they’re using personal experiences and skills to help customers achieve their dreams. 

While the industry digests Freddie Mac’s first quarter earnings (47 percent purchase, 53 percent refi), if you try to correct my grammar, I will think fewer of you. Speaking of language, did you know that the alphabet in Hawai’i only contains 12 letters: a, e, i, o, u, h, k, l, m, n, p, and w. Every word ends with a vowel. (Sticklers may include an apostrophe – okina - as a separate letter.) I am spending some time in this marvelous area of the world, although a cynic would say, for me, it is merely working from a different place and waking up at 1AM instead of 4AM to send...

When you’re working from home, how interesting can next Thursday’s, April 28th, “Take Your Children to Work Day” be? WFH, or hybrid arrangements, is a continued concern for managers, and one of the informal topics in the hallways here in Memphis at The Great River Conference is how the next generation of leaders can’t learn how to run a company over Zoom. There are plenty of other things being discussed, such as the cost per loan, as measured by the MBA, increasing for six straight quarters in a row beginning in the 3rd quarter of 2020. On the good news categ...