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loanDepot Wholesale adds new functionality to mello®Broker Portal

loanDepot Wholesale adds new functionality to mello®Broker Portal
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United statesDistrict of columbiaMike klotzDepot incBroker portalDepot wholesaleSenior vice presidentSales mikeClosing connectionUpload documentsSouthern californiaJonathan finePublic relations

Contract, Conversion, Retention, Margin Mgt Tools; Jumbo and Non-QM News; Rates Near 2021 Highs

Today is about the day when you have to think twice about wishing anyone, “Happy New Year.” Okay, maybe tomorrow. There’s a lot of news out there to start 2022, including mortgage news. Moves by Freddie, Fannie, FHA, and VA have a ripple effect on the jumbo and non-Agency market as well. We were reminded of this yesterday when Freddie Mac and Fannie Mae, via their conservator FHFA, publicized April changes to their loan level price adjustments. Freddie announced “…changes to our Credit Fees in Price for super conforming mortgages and mortgages secured by second homes. We are making these updates in light of the significant increase in the 2022 loan limits and under the guidance of the Federal Housing Finance Agency (FHFA). These updated fees are effective for mortgages with settlement dates on and after April 1, 2022.” Freddie &amp; Fannie’s change, although the industry has nearly three months to adapt pricing, is a huge adjustm

United statesPeter sandlerFreddie macAnn richeyStanley tuckerJim shalerJeff gernerAnn marie prohaskaRod correiaJeffrey kvalevogFreddie fannieSteve grossmanDanny hughesJim boppAnjelica nixtRobert mckinley

Purchase Originations, eNote Tools; FHA, VA, Ginnie News; Inflation and Savings

I hope that you&rsquo;re not reading this while stuck due to the thousands of cancelled flights or road closures in Northern California! Kudos to Carol K. who sent, &ldquo;One thing nobody ever talks about being an adult is how much time you debate yourself on keeping a cardboard box because it&rsquo;s, like, a really, really good box.&rdquo; Kudos is an interesting word. Do the governments/governors in California and Colorado deserve kudos for making these moves that impact residential lenders, providing money for distressed borrowers (in California) and creating more regulations for non-bank lenders (in Colorado). How about state funding for tracking down, arresting, and throwing away the key for people who steal the identity of others? Author Carol Gardner interviews 4iq&rsquo;s Luke Wilson

New yorkUnited statesDistrict of columbiaWhite houseTimes squareBarksdale air force baseFreddie macKerri cufaroMatt perezRobbie chrismanJonathan stanleyCarol gardnerJulia gordonLeif boydJames hechtCheri brousseau

Processing, Speakers Bureau, Marketing, Subservicing Products; Conventional Conforming Changes; Rocket s Acquisition

If you are a VA lender, or service servicemembers&rsquo; loans, you don&rsquo;t want to be singled out by the Department of Justice or the CFPB. And the two of them sent out letters yesterday with one of the letters specifically addressing mortgage servicers regarding military borrowers who have already exited or will be exiting COVID-19 mortgage forbearance programs. How &lsquo;bout adding a Twinkie as a stocking stuffer this year? The rise and fall of Twinkies is an interesting business study. Perhaps another interesting business study is Truebill. One doesn&rsquo;t have to be a Rocket scientist to figure out how this will end up: Rocket Companies, parent of Rocket Mortgage, thinks Truebill, founded in 2015, is worth $1.275 billion . Truebill&rsquo;s smartphone app tracks its users' budget

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Purchase Originations, eNote Tools; FHA, VA, Ginnie News; Inflation and Savings

Purchase Originations, eNote Tools; FHA, VA, Ginnie News; Inflation and Savings
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesDistrict of columbiaWhite houseTimes squareBarksdale air force baseFreddie macKerri cufaroMatt perezRobbie chrismanJonathan stanleyCarol gardnerJulia gordonLeif boydJames hechtCheri brousseau