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Cap. Mkts., MLO, AE, Ops Jobs; Loan Sales, Pricing, Tax Estimating Products; Is the Fed Contributing to Housing Price Escalation?


Cap. Mkts., MLO, AE, Ops Jobs; Loan Sales, Pricing, Tax Estimating Products; Is the Fed Contributing to Housing Price Escalation?
May 27 2021, 8:29AM
I was telling my cat Myrtle about the labor shortage in the United States, but she didn’t seem fascinated, to say the least. In fact, she gave me a look like, “I am an apex predator, open the door. Now.” Economists are quick to point out that while there is no shortage of jobs in our economy, there is a shortage of people who want to return to work because many of them are making more on unemployment. But it is doubtful that they are happier. Foster and Hicks wrote a book titled, “How We Choose To Be Happy: The 9 Choices of Extremely Happy People, Their Secrets, Their Stories” worth a gander, and collecting unemployment versus making a contribution isn’t on the list. Being healthy is on the list, but… dang it! I didn’t have a chance to go the gym yesterday. That makes five years in ....

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Ops. Mgt., MLO Jobs; Renovation, Docs, Retention Non-QM Training Tools; Product Updates


Ops. Mgt., MLO Jobs; Renovation, Docs, Retention Non-QM Training Tools; Product Updates
May 11 2021, 8:22AM
The real estate and lending industries operate in a world filled with laws, lawsuits, and regulators. (The latest example is REX’s suit against Zillow and the National Association of Realtors – NAR - over the real estate segregation rule, which puts the interests of legacy real estate brokers before consumers.) Does this clip remind you of your Direct to Consumer Department? Hope not. And I hope that it’s not your Customer Complaint Department either. Here is something every compliance department should read: a National Law Review article pointing out the CFPB’s current thoughts on lending and servicing during the pandemic. Compliance departments are certainly aware of how compensation is paid to AEs and LOs. After analyzing data from its CompenSafe™ ICM platform, LBA Ware’s Q1 2021 comp report showed a slight decrease in basis ....

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