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FinLocker Integrates With Total Expert To Power The Entire - Vimarsana News

FinLocker Integrates With Total Expert To Power The Entire

The FinLocker integration will surface data-driven insights to mortgage lenders and loan officers to hyper-personalize the homeownership journey of their...

Beating recession fears in 2023 means focusing on credit union basics - Vimarsana News

Beating recession fears in 2023 means focusing on credit union basics

The word is out on expectations for a recession in 2023, and according to the Credit Union National Association (CUNA) the downturn may just be light

Subservicer Oversight, Automated Marketing, Hedging, Non-Agency, QC Tools; Credit Companies Feeling the Squeeze - Vimarsana News

Subservicer Oversight, Automated Marketing, Hedging, Non-Agency, QC Tools; Credit Companies Feeling the Squeeze

Takeover and M&A rumors continue to swirl, and smarter companies are merely hiring production staff away from lenders rather than pay the baggage that may be associated with the target while some are selling servicing to help strategically or with cash flow. The MBA reports that our biz originated $4.1 trillion in 2020 and $4.4 trillion in 2021. 2022 is down from those numbers, and 2023 is expected to be $1.5-$2ish trillion, depending on who you ask, certainly less than half of 2021. It impacts everyone, but certainly with credit fees shooting up, credit reporting agencies (CRAs) a...

Home sales will only get worse next year before rebounding in 2024 - Vimarsana News

Home sales will only get worse next year before rebounding in 2024

While the outlook remains favorable for housing, the full effects of rate increases on home sales have yet to be felt, Fannie Mae said.

TPO, HELOC Workflow, Processing, PPE, API Tools; CFPB Fines Carrington $5.25mm - Vimarsana News

TPO, HELOC Workflow, Processing, PPE, API Tools; CFPB Fines Carrington $5.25mm

Few base their company or family’s savings on the inherent risk in a prediction. But… On a big scale, and we’ve been hearing forecasts of a recession for a year now, JPMorgan Chase’s economists opine that the economy will slip into a mild recession in 2023 as a result of the Federal Reserve's monetary tightening. Of course, recessions usually mean lower rates (one of the topics in today’s Rich and Rob show with MGIC). "We also expect slowing aggregate demand eventually leading to labor market weakness that builds on itself, and we anticipate ...