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Corresp., AE, LO Jobs; Digital, Warehouse, Processing, Pricing Products; Freddie and Fannie News

Corresp., AE, LO Jobs; Digital, Warehouse, Processing, Pricing Products; Freddie and Fannie News
Apr 29 2021, 8:30AM
A “google” is the large number of 1 with 100 zeroes after it. For lenders, a billion is a large number, and it would be unheard of for a lender to save $1 billion in costs. But that is what Google’s parent Alphabet Inc. is saving, per year in costs, because employees are working from home, not traveling, not paying for company promotions, travel, or entertainment. (Wing is also a company owned by Alphabet, and is a drone company delivering Girl Scout Cookies to an area in Virginia.) While lenders are focused on the cost to manufacture a loan, and CEOs are busy educating their staffs about existing costs and reducing them, other people are… trying to sell an island in Florida at $3 million per bedroom? Hope your plumbing doesn’t back up, or that you forgot to buy basil for that pasta sauce you’re making tonight. Don’t ....

New York , United States , Freddie Mac , Eloise Schmitz , America Merrill Lynch , Elisa Schreiber , Mike Fratantoni , Paul Jones , Brian Miller , John Contreras Nelson , Freddie Mac Gses , Mark Calabria , Robert Senko , Trey Worley , Fannie Mae Freddie Mac , Nick Choi , National Zipper Day , Vps Of Business Development , Comerica Bank , Correspondent Lending Sales Team , Amwest Funding Corp , Mortgage Solutions Financial , Alphabet Inc , Fannie Mae , Agency High Balance , Freddie Mac Primary Mortgage Market ,

Ops, MLO, IT Jobs; MSR, Originator Ranking, Digital Tools; FHA's Bevy of News; Ginnie's eNote Pool

Ops, MLO, IT Jobs; MSR, Originator Ranking, Digital Tools; FHA s Bevy of News; Ginnie s eNote Pool
Jan 28 2021, 8:19AM
The stock price of American Airlines back to February 2020 levels. Investors seem to be “buying hope.” In Mortgage Land, though I am beginning to hear tales of pricing margins dropping slightly, if you’re a lender and it takes your back office two months to close a refinance, why make your pricing more aggressive? How does that help customer service? Prices and money are interesting constructs. I remember the thrill of finding a dime or quarter in a coin return when I was a kid. Hugh Hefner became a multimillionaire staying home in his pajamas. I am not seeing the same result. The older I get the more I appreciate alcohol that is on sale. But returning to taking two months to close a loan, I didn’t pull that out of… thin air. ICE Mortgage Technology s (formerly Ellie Mae s) records for the Origination Insight Report sh ....

United States , David Burruss , Chaunine Shanks , Renee Galitis , Helen Wilson , Anjelica Nixt , Sean Harding , Brian Miller , Hugh Hefner , Tom Coale , Ginnie Mae , Ellie Mae , Mortgage Technology , Loan Administration , Freddie Mac Primary Mortgage Market , Services Division , American Airlines , Us Citizenship Immigration Service , Citizens Bank , Agency News , National Client Services Team , Digital Collateral Program , Housing Administration , Mortgage Land , Origination Insight Report , Broker Products ,