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Hedging, Wholesale and Correspondent Products, 4506 vs. 8821, U/W Automation, Recapitalization Possibilities - Vimarsana News

Hedging, Wholesale and Correspondent Products, 4506 vs. 8821, U/W Automation, Recapitalization Possibilities

Not all, but many, capital markets folks spent their college years rolling up their sleeves. Some not so much. When originators are asked about interest rates, some LOs may use the line in the clip above: “Oh, man. I only ride them; I don't know what makes them work.” (The current STRATMOR blog is titled, “Relying on the Fed: How Did This Happen?”) Yesterday the Federal Reserve Open Market Committee (FOMC) grabbed the headlines, despite doing exactly what everybody expected them to do: leave rates unchanged. Inflation is still higher than the FOMC would like...

DSCR, PPE. Borrower Intelligence, DPR Products; STRATMOR MortgageCX News; Training This Week; Chopra Speaks - Vimarsana News

DSCR, PPE. Borrower Intelligence, DPR Products; STRATMOR MortgageCX News; Training This Week; Chopra Speaks

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...

Vice Capital Markets is one of the first Freddie Mac-integrated Secondary Market Advisors integration with Income Limits API - Vimarsana News

Vice Capital Markets is one of the first Freddie Mac-integrated Secondary Market Advisors integration with Income Limits API

ENewsChannels NEWS: -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration with Freddie Mac's Income Limits application programming interface (API). :: News from eNewsChannels

Vice Capital Markets Releases Integration with Freddie Mac Income Limits API - Vimarsana News

Vice Capital Markets Releases Integration with Freddie Mac Income Limits API

NOVI, Mich., May 16, 2023 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is one of

Source: wtva.com
TPO, Referral, Appraisal, AI, Processing Products; LO Comp; April Consumer Prices Came in as Expected - Vimarsana News

TPO, Referral, Appraisal, AI, Processing Products; LO Comp; April Consumer Prices Came in as Expected

“We are going to have a sales contest this month. The winners will get to enter next month’s contest.” Hardy har har, right? (Note: watch Glengarry Glen Ross.) As rumors swirl, and you know what they say about rumors, about the FHFA rescinding recent changes to its loan level price adjustment matrix this afternoon, I received this note. “Hey Rob, do you think that the CFPB is wise to some lenders switching referral sources to switch commission structures? Like where a loan comes in off the street, and a price is quoted with 1.25 for the LO, and client balks, so then...