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Non-Agency, Appraisal, Loan Delivery Products; June and July Events; Expect a 75 bp Move Higher From the Fed - Vimarsana News

Non-Agency, Appraisal, Loan Delivery Products; June and July Events; Expect a 75 bp Move Higher From the Fed

“Do you know that humans eat more bananas than monkeys? Think about it, when was the last time you ate a monkey?” Words and terms are important. At this point, any company not having layoffs, reductions in force, or “right-sizing” (such a PC term) makes news, not the organizations actually making cuts and changes. (In K-pop news, even BTS announced a “hiatus” to focus on solo careers after nearly 10 years together.) And lenders aren’t the only ones cutting back. Real estate firms Compass and Redfin (owner of Bay Equity Home Loans) are laying 6-1...

Cap Mkts Profitability, HELOC, Sales Tools; Upcoming Events and Training - Vimarsana News

Cap Mkts Profitability, HELOC, Sales Tools; Upcoming Events and Training

Plenty of folks in our biz can be accused of having aprosexia. (No, I didn’t join some “Word of the Day” club.) But lenders and originators have to be pay attention long enough to figure out how to adapt to changes and trends. For example, while building affordable housing is a hot topic, new buildings only account for about a quarter of the affordable housing market. The rest is comprised of Naturally Occurring Affordable Housing, or NOAH, which falls between subsidized housing and high-rent buildings and it often makes sense to preserve it rather than build it. I spent s...