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Single women are fastest-growing group of home buyers | National Mortgage News

Single women are fastest-growing group of home buyers | National Mortgage News
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Women Continue To Defy Homebuying Challenges, Representing 22% Of The Market, Survey Finds

Women Continue To Defy Homebuying Challenges, Representing 22% Of The Market, Survey Finds
nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.

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Hedging, Revenue, Marketing, CRM, POS Products, Counterparty Questionnaire

Pi Day has come around once again, which is also, coincidentally, Albert Einstein’s birthday. As I head to Lexington for the MBA Kentucky Education Conference, led by Alan Thorup, Matt O. sent, “I have an idea: We organize a 10k race in San Jose and call it ‘The Bank Run.’” (While we’re on sports, a moment of silence for Dick Fosbury who revolutionized the high jump in the mid-1960’s). High jumpers have a soft pad to land on, not so with some bank stocks Monday. Western Alliance Bancorp, supplier of warehouse lines to many an independent mortgage banker and parent of AmeriHome, First Republic Bank, Metropolitan Bank, PacWest Bancorp, and First Horizon. Fortunately, many have “bounced” but these are all non-money-center banks seemingly causing risk to the U.S. financial system. In Banking 101 one learns that borrowing short (by holding customer deposits) to lend long (by purchasing long bonds and MBS) to improve returns is b

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Fair Lending, Broker, Jumbo Programs; CFPB Reviews LO Comp; Former Fannie CEO to Run SVB

Where should we start the week? How about how predictions and forecasts are nearly worthless when they’re out of date one week later? How about with an old-fashioned run on a bank, eliminating any talk of another Fed rate increase. People wonder, “Where do I bank? Is it big enough? Is there enough regulation?” Lenders are making sure that their warehouse funding is not only from one bank, since nothing will shut down a faster than lack of liquidity and inability to fund loans. With the demise of Silicon Valley Bank and Signature Bank (below, see government announcement from yesterday), here’s a great graphic of how we ended up with just four megabanks in the USA. And how did regulators not see a huge bank failure coming? Regulation is in the news, not only in banking but also in loan officer compensation. The Consumer Financial Protection Bureau is requesting the public’s input on the economic impact of the mortgage loan originator rules on small mort

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