REIT, MLO, Bus. Dev. Jobs; Warehouse, MI, AMC, HELOC Products; MSRs, the Economy, Servicing, and the CFPB
Feb 1 2021, 8:07AM
January’s already in the rearview mirror and our industry is keeping an eye on all kinds of things. Like silent movies moving into “the Talkies” in 1927, the Chrisman Commentary - Daily Mortgage News podcast is now live and at any place you obtain your podcasts (like Apple or Spotify). Subscribe or download today, it is a great way to listen to this commentary while you run or row or walk, but with a Millennial slant. (It is a work in progress, meant to increase your knowledge to help you help your clients. Comments or questions should be emailed here.) Home Point’s IPO scaled back? Yup. Are investors potentially interested in buying a lender’s stock while current owners are taking chips off the table, and there are plenty of other lenders already public? Yes. Well, sometimes. Attorney Brian Levy addresses how publicly traded mortgage companies better have a plan in case their stocks are shorted and Reddit/Robinhood traders turn them into another GameStop (The GameStop Gambit). And servicing residential mortgage loans by nonbank mortgage originators and servicers are on the FSOC Council’s radar… more below.