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TPO, Fraud, LOS, Vendor Mgt. Tools; Housing and Inflation; Stearns' Business Shut Down

2022 is already off to an “interesting” start. Going directly to the borrower , normally the role of brokers, lenders, MI companies, and other mortgage education sources, Fannie Mae announced that it has launched HomeView™, the company’s new free online homeownership education course, “to help consumers navigate the mortgage and homebuying process confidently and responsibly.” Covid-19 and its variants have already created an uneven approach to business for lenders & investors, our business in general, even school districts. Some businesses are requiring employees to come in, despite the contagiousness of Omicron, others not. For example, Top-10 national mortgage lender Fairway Independent Mortgage Corporation continues to allow its employees to choose whether to return to the office or not, as do many others. Industry-wide, wholesale platforms are facing huge headwinds with compressed margins and slowing volume… what a diff ....

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Processing, Speakers Bureau, Marketing, Subservicing Products; Conventional Conforming Changes; Rocket's Acquisition

If you are a VA lender, or service servicemembers’ loans, you don’t want to be singled out by the Department of Justice or the CFPB. And the two of them sent out letters yesterday with one of the letters specifically addressing mortgage servicers regarding military borrowers who have already exited or will be exiting COVID-19 mortgage forbearance programs. How ‘bout adding a Twinkie as a stocking stuffer this year? The rise and fall of Twinkies is an interesting business study. Perhaps another interesting business study is Truebill. One doesn’t have to be a Rocket scientist to figure out how this will end up: Rocket Companies, parent of Rocket Mortgage, thinks Truebill, founded in 2015, is worth $1.275 billion . Truebill’s smartphone app tracks its users' budget ....

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MLO, Ops Jobs; Blockchain, Compliance Training, Consumer Complaint Products; Fed weighs in

MLO, Ops Jobs; Blockchain, Compliance Training, Consumer Complaint Products; Fed weighs in
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