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Ops, MLO Jobs; Sales, Non-QM, HELOC Products; Agency and Investor Disaster Policies; the Fed and Rates Mar 1 2021, 8:21AM With the jump up in mortgage rates Thursday, and the move back down Friday, a few lock desk personnel wrote to me over the weekend asking about ways of keeping LOs who floated when rates were low, or locked loans at the bottom, off their back. Here you go. Certainly, the mortgage servicing rights of the 2020 book have become more valuable to those holding it as the perceived duration has increased: At this point who is going to refinance a 2.75 30-year mortgage (unless they need cash out)? Last year saw a continued wave of people in their 20s and 30s buying, or trying to buy homes. As this article points out (an important read for any MLO interested in first time home buyers), it is not an easy process saving up the down payment, qualifying for a loan, finding a property, presenting a winning bid, and then financing it. (To l ....
2 months ago Those who opposed the shut down got what they wanted…and now they want a shut down and blame the leaders for doing nothing?! 2 months ago I would urge the chairs of the government Covid 19 advisory committees to form a SADC group where they can co-ordinate (electronically) the regional effort, especially as most of our countries may not get access to a vaccine any time soon. This means we need other methods of ensuring the populous is protected, to the best of human ability. Castello 2 months ago How will chakwera place the country under lockdown when the injunction is still in place? Ankachita ngati covid-19 inali ya DPP, ur stupid lieutenants in the the name of chilima, Joyce banda and timoti ntumbo misled people by speaking openly that corona is fake, so, has the death of the ministers made l? Our leader is clueless and a big fool, amangovomera zirizonse pofuna mavoti, lero ndi izo, munya nazo ....