MLO, Ops Jobs; Cross-Border Lending, Processing, Recruiting Products; MBS Issuance Webinar; Quicken Name Change
May 13 2021, 8:18AM
People around the nation are “voting with their feet.” Illinois: Seven straight years of population declines. California: Losing population during a year for the first time in history. Do you ever think about the fact that one city, Shanghai, China, has more people living in it than every state besides California and Texas? (Area-wise, what is the largest city in the United States? That title goes to Jacksonville at 875 square miles, elevation 16 feet.) Did you know that over 80 percent of people who move stay in the same state? One wonders, if higher income people are leaving a particular state, does that create a bigger burden on those who remain, which encourages more departures? Provo-Orem, Utah, Coeur d'Alene, Idaho, and Reno, Nevada, are the top three high-end markets to watch, according to the luxury segment of the inaugural Wall Street Journal/realtor.com Emerging Housing Markets Index. Today’s audio version of the commentary and is available here and is sponsored by Candor Technology and includes an interview with includes a compliance segment with General Counsel Michael Dunn on common pitfalls of lenders when it comes to compliance and how to stay on top of shifting regulations. Candor Technology offers a dynamic underwriting engine that eliminates underwriting bottlenecks.