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AI, Underwriting, WealthBuilder Products; Non-Agency News, Good and Not so Good

I think that we can all agree that in 2017 not a single interviewee got the answer correct to, “Where do you see yourself 5 years from now?” Heck, projections and forecasts in the first few months of 2020 didn’t foresee the drop in interest rates and rise in home values. But there some ways to influence residential lending, and have the inside track on changes coming our way, and that is through the MBA’s membership. (And no, this is not a paid ad.) The MBA is currently offering a deal: 2022 dues rate to enjoy member benefits through the close of the 2023 membership year. That is 19 months for the cost of 12 months. “Your MBA membership grants you access to education, research, committees, informational webinars, and so much more.” If you’re interested reach out to Laura Hopkins. Meanwhile, regardless of lending policies and pricing, the available inventory of homes for sale continues to be a topic of conversation. Land, lumber, and perm

Fannie & Freddie Updates; Automation/Pricing/LOS Products

Numbers are interesting things. “1” is the number of dogs, that I know of, rescued by a drone dragging a sausage and leading the dog to safety out of a mud flat. “38.2” was the United States’ median age in 2018. (Yes, half above, half below… and it is up from 37.2 in 2010.) “$9 trillion” is the Federal Reserve’s bond portfolio which Federal Reserve officials are set to discuss reducing, and how fast they will shrink it when the time comes, which would serve as a tool for tightening monetary policy as the Fed tries to curb high inflation. “2022” is the year that Fannie Mae anticipates we will establish a new "normal" for the housing market. The top-level view is that inflation will remain elevated for the year, and home price appreciation will slow to the high single digits. Economic growth will also return to longer term trends. Expect GDP to fall to 3.1%, home price appreciation will grow

AE, MLO Jobs; Automation, Sec Marketing, Sales, Non-QM Products; USDA and FHA News; Rates Grind Higher

AE, MLO Jobs; Automation, Sec Marketing, Sales, Non-QM Products; USDA and FHA News; Rates Grind Higher
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.

AE, MLO Jobs; POS/LOS, Automation, Fulfillment, Non-QM Products; Wells Fargo s C&D Order

AE, MLO Jobs; POS/LOS, Automation, Fulfillment, Non-QM Products; Wells Fargo s C&D Order
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.

Ops, MLO Jobs; Wholesale Products; Sales, CRM Products; Disaster Updates; Upcoming Training and Events

Ops, MLO Jobs; Wholesale Products; Sales, CRM Products; Disaster Updates; Upcoming Training and Events
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.

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