Live Breaking News & Updates on School of mortgage banking

Stay informed with the latest breaking news from School of mortgage banking on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in School of mortgage banking and stay connected to the pulse of your community

As the housing market bottoms out, educating the future mortgage pro becomes paramount

As mortgage rates ease and housing inventory stabilizes, mortgage companies are likely to start ramping up their recruiting strategies.

United-states , Florida , Barry-university , American , Raquel-borras , Jerri-herrera , Amber-lawrence , Brandon-weiss , Michelle-molina , Paul-gigliotti , David-upbin , Darla-hall

Servicing, TPO, Warehouse Products; Training and Webinars; CPI Moves Rates Higher

In our biz, you never want to hear, “deception,” “targeting the elderly,” or “abusive tactics” related to a company. But there they are in this report, “The Ugly Truth Behind We Buy Ugly Houses.” (Thank you to Ken S. for passing this along.) The franchise is nationwide, unlike… cicadas? The U.S. Census Bureau says the Midwest includes 12 states: the Dakotas, Kansas, Missouri, Iowa, Nebraska, Illinois, Indiana, Minnesota, Wisconsin, Michigan, and Ohio. I mention this, not only because some people are confused where they live, but also because this spring, two different broods of cicadas, one that lives on a 13-year cycle and the other that lives on a 17-year cycle, will emerge at the same time from underground in a rare, synchronized event that last occurred in 1803. Billions of the winged insects will make an appearance across the Midwest and the Southeast, beginning in some places in late April, for a raucous mating ritual. (Today’s Commentary podcast can be found here and this week’s is sponsored by Lender Toolkit and its AI-powered AI Underwriter and Prism borrower income automation tools. By providing lightning-fast underwriting decisions, your market reputation with borrowers and Realtors will soar, which means more repeat and referral business. Hear an interview between Lender Toolkit’s Madison Kelly and AMS LLC’s Andrew Hicks on AI underwriting.) Lender and Broker Software, Products, and Services Stay up to speed on what’s happening with borrower demand, incentive and other critical market trends by attending the ICE Mortgage Monitor webinar. You’ll gain insights you can't get anywhere else. During this monthly webinar, ICE experts discuss the most current findings from their analysis of the company’s vast U.S. mortgage, housing and property data assets. Hear about home prices, affordability, interest rates, equity and other important factors that impact your lending strategies. Best of all, its free to attend: just sign up here. The next webinar will be held on Wednesday, Feb. 28, from 2-3PM ET.

Lakeview , Texas , United-states , Kansas-city , Kansas , Washington , Nebraska , Houston , Ohio , Wisconsin , Florida , Iowa

Correspondent, Accounting Tools; Events, Training, and Webinars This Week and Beyond

Sometimes there is no shortcut when you want to make a lot of money. Speaking of making money, and creating wealth for clients, owning real estate continues to be a good investment. The National Association of Realtors tells us that more than 85 percent of metro markets registered home price increases in the fourth quarter of 2023. Its latest quarterly report reports that fifteen percent of the 221 tracked metro areas experienced double-digit price gains over the same period, up from 11 percent in the third quarter. In the lending world, according to Curinos, January 2024 funded mortgage volume increased 3 percent year over year but decreased 4 percent versus the previous month. The average 30-year conforming retail funded rate in January was 6.86%, -39bps lower than December and 47bps higher than the same month last year. Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures. (Today’s Commentary podcast can be found here and this week’s is sponsored by Vesta, the new, modern Loan Origination System (LOS) which helps lenders reduce their costs to originate and improve their ability to integrate with new technologies in the ecosystem. Hear the second and final part of an interview between attorney Brian Levy and Robbie on life outside of mortgage.) Lender and Broker Software, Products, and Services Make your general ledger profitable and run your business more efficiently with Loan Vision and LV-PAM. Instead of “staying alive until ‘25”, with Loan Vision, a software built by the mortgage industry for the mortgage industry, you can “produce more in 24!” Customers on Loan Vision see improvements of 30%+ decrease in days to close the books, 20%+ reduction in accounting headcount, complete LOS to G/L automation, and improved reporting and visibility. Interested in learning how Loan Vision can help you run a more efficient and profitable company? Contact Carl Wooloff to schedule a call today.

Washington , United-states , Mississippi , Virginia , Florida , Dallas , Texas , Melissa-tran , Elizabeth-karwowski , Anjelica-nixt , Maureen-sweeney , Chris-lowis

United Way announces campaign chairs

The United Way of Wyoming Valley announced Eric and Ann McCabe were named co-chairs of the 2023 campaign kickoff event.

Pennsylvania , United-states , Shavertown , Eric-mccabe , Ann-mccabe , Bill-jones , King-college , Mccabe-mortgage-group , School-of-mortgage-banking , Mortgage-bankers-association , United-way , Wyoming-valley

Borrower-Focused, MI, Retention. MERS Audit, Delinquency Mgt. Products; Events and Training

“I am part of the 4 percent who want to ban the teaching of math. We are a quarter of the country, and we will not be ignored! And that number is growing; soon we will be a fifth of the country!” While we’re being quantitative… Everyone knows that there are 50 stars on the United States Flag. In 1945 there were 48, before Alaska and Hawai’i were granted statehood. Someone should have told the folks who filmed or fact checked “Oppenheimer.” Continuing with numbers, the South or Midwest, which also boast the highest U.S. homeownership rates, are also the regions that have the highest rental vacancies in the nation, according to the U.S. Census Bureau’s Housing Vacancies and Homeownership data. The Midwest had the nation’s highest homeownership rate (70 percent) in the first quarter of 2023, followed by the South (67), Northeast (63) and West (62 percent). A bigger share of homeowners (41.6 percent) than renters (28.7 percent) had a bachelor’s degree or higher. They also earned more money, as median annual household income was $78,000 compared to renters’ $41,000. (Today’s podcast can be found here and sponsored by ReadyPrice, offering the industry’s most powerful universal delivery portal that gives brokers the edge they need. Shop, lock and deliver with multiple lenders, all in one place, for free! Hear an interview with FundingShield’s Ike Suri on the latest wire and title fraud findings.) Lender and Broker Products, Services, and Software Forty-five new agencies began offering DPA last quarter, signaling a sustainable groundswell in programs to support affordable financing. This is according to Down Payment Resource’s Q2 Homeownership Program Index (HPI) report, which dropped yesterday. What’s more, homebuyer assistance agencies are expanding program support of manufactured and multifamily properties to increase options for LMI buyers as inventory figures hover near historic lows. To get a full breakdown of the 2,373 homebuyer assistance programs available today, read DPR’s Q2 HPI report.

Hawaii , United-states , Kentucky , Alaska , Florida , California , Donna-vernell , Lawrence-yun , Rebecca-lorenz , Wes-horbatuck , Justin-demola , Andrew-oxley

Correspondent Programs; STRATMOR and Customer Service; Credit Products and News; Training and Webinars

Correspondent Programs; STRATMOR and Customer Service; Credit Products and News; Training and Webinars
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

Michigan , United-states , California , Louisiana , Birchwood , United-kingdom , Miami-beach , Philadelphia , Pennsylvania , Hawaii , North-carolina , Hythe

Processing, Internal Audit, Cash Mgt., Security Tools; Training and Events; CPI Results and Mortgage Rates

Processing, Internal Audit, Cash Mgt., Security Tools; Training and Events; CPI Results and Mortgage Rates
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

Canada , Georgia , United-states , Florida , Michigan , Kentucky , Hythe , Alberta , America , American , Atlanta-bostic , Nora-guerra

Bradley's Robert Maddox Elected Fellow of American College of Real Estate Lawyers

Bradley is pleased to announce that Robert Maddox, a partner in the firm’s Birmingham office, has been elected as a Fellow of the American College of Real Estate Lawyers (ACREL).

Alabama , United-states , University-of-alabama-at-birmingham , Robert-maddox , American-college-of-real-estate-lawyers , University-alabama-school-of-law , Cumberland-school-of-law , American-college-of-consumer-financial-services-lawyers , Regulatory-compliance-institute , Mortgage-bankers-association , School-of-mortgage-banking , American-college-of-mortgage-attorneys

The Time to Teach Has Arrived - Scotsman Guide

The Time to Teach Has Arrived - Scotsman Guide
scotsmanguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scotsmanguide.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Delaware , New-jersey , Atlantic-city , Connecticut , Freddie-mac , Laura-brandao , Cindy-corsaro , Jackie-dunlap , Leadership-academy , Mortgage-bankers-association-of-new-jersey

Digital, Vendor Mgt., Training Tools; January's Training and Events

Tabrasa’s Patrick H. wishes everyone a Merry New Year! Yes, 2022 is here, with its thousands of cancelled flights due to weather and omicron. Older loan officers tell me that being 20 in the seventies was much more fun than being seventy in the 20s. Things are always changing, although one thing that never changes are independent mortgage bankers who think the market is undervaluing their company. Remember all the doom and gloom predictions for mortgage volume in 2021? They were wrong, and the Mortgage Bankers Association estimates that we did a record $1.61 trillion in purchase loans last year. Not too shabby. It’s the new year, and wouldn’t it be fun, as a goal, to say you’ve had a drink (soda pop counts) in the oldest bar in each state!? Here’s your guide. Managers at lenders may need that guide this year, given rate, volume, and margin forecasts. We’re in a cyclical business, and managers enjoy expanding and hiring much more than cutting back. By most accounts volume will be down this year, and companies will continue to force employees to increase their efficiency and become more efficient themselves. Managers have already cut overtime, increased training &amp; productivity, they’ve stopped replacing employees who are leaving, usually leaving layoffs as a last resort. Today’s audio version of the commentary is available here and this week’s is sponsored by Real Estate Connection (REC), a boutique real estate brokerage that acts as a centralized and organized, fully-managed real estate fulfillment service, connecting buyers with local qualified Real Estate Agents and walking them through the entire home purchase and selling process with the lender partner.

New-york , United-states , Florida , Clearwater , California , Netherlands , Orlando , Holland , Nancy-obando , Dorie-fusaro , Richard-martin , Tim-sullivan