Robert K. writes, “My Mom always said, ‘Work until your bank account looks like a phone number. Well, I did it! ‘Available balance: $911.’” Speaking of numbers, thank you to those who wrote to me correcting the GDP of Mexico here as being $1.4 trillion and not $1.4 billion. Numbers certainly tell the story with vendors and lenders. Owners of vendors and third-party providers are looking at middle layers of management, cutting back, certainly cutting salaries, or ridding themselves of unproductive salespeople. Lenders continue to cut staff (Wells Fargo being the latest example) or furlough employees for a portion of their workweeks and implementing salary cuts. Meanwhile, managers report that end-of-year reviews are resulting in employees asking for raises due to inflation. On a lager scale, uh, larger scale, mergers and acquisitions continue. The latest to cross the tape is that "Guild Mortgage is excited to announce the acquisition of Inlant
11/22/2022: San Jose, Calif. (PRWEB) November 22, 2022 Panzura LLC, a leader in hybrid-architecture data management, announced today the launch of a new
While investors who “jumped the gun” on establishing their own conforming conventional loan limits ahead of the official proclamation at the end of November by the FHFA are wondering if they “spoke too soon” as values drop, time is rushing by. Kids are back in school, learning about Cuba and having pizza. We’re losing about 3 minutes of daylight a day. Children are picking out Halloween costumes. There are fake Christmas trees in Costco. We don’t turn back the clocks (daylight savings time in all the states except Arizona and Hawaii) for another month, November 6. Things are happening behind the scenes, and today’s Rich and Rob Rundown has Nadia Evangelou, the National Association of Realtor’s Senior Economist and Director of Forecasting, and Jim Parrott, a nonresident fellow at the Urban Institute and owner of Parrott Ryan Advisors. Topics will include FHA pricing moves, FHFA pricing moves, the FHFA on credit scoring models, fore