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MLO Jobs; Automation, MSR Valuation Tools; STRATMOR Comp Data and Survey; Events and Training

Now we have a butter shortage raising prices ahead of the holidays. Great. While margarine makers are licking their chops over the news, vegans and other readers should know that no animals are ever harmed in the making of this commentary! But speaking of harm, in the current environment, and probably for the next couple quarters, vendors and lenders working 30 percent harder to make 40 percent less. Or worse. If the Fed’s actions can push asset prices higher, it’s actions can also push asset prices lower, right? Indeed, many will argue that is what we’re seeing now, and despite the Fed making its future actions clear, I am reminded of the old saying, “Don’t fight the Fed.” So be cautious when seeing any rate move down. (More below in the capital markets section.) Many in our industry are using this lull in business activity to attend conferences (last week’s Mortgage Collaborative conference had over 400 registered; this week’s M

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MLO Jobs; Automation, MSR Valuation Tools; STRATMOR Comp Data and Survey; Events and Training

MLO Jobs; Automation, MSR Valuation Tools; STRATMOR Comp Data and Survey; Events and Training
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.

National universityUnited statesCleveland mesterEvan hastingsFrancisco dalyCasey cunninghamMarianne collinsDalla loganJeffrey meyersRon vaimbergTim mcgrawAnjelica nixtSteve richmanSelma heppKrissy heftonSandie tate

Fee Collection, HELOC, Automation, All-cash Products; Training, In-person Events, and Webinars

As Florida’s homeowners, insurance companies, and companies that service loans in Hurricane Ian’s path, brace for the storm, lenders nationwide continue to grapple with a very, very difficult environment. Everyone wants a decent HELOC. Servicing sales have dropped. Buydown loans are back in vogue. (Ask your investor if they buy them, but Planet Home, AmeriHome, and Northpointe jump to mind.) Everyone wants a viable ARM product, at a fixed rate program with some points back. There are many asking if the days of paying 125-150 basis points to IMB LOs are numbered. There is a lot going on as we wrap up September. In fact, some would say it’s pumpkin spice season again, which can only mean one thing: it's time for the 2022 MBA Annual Conference. I spotted Garth Graham and David Hrobon from STRATMOR on the attendee list, who told me their schedule is quickly filling up. Any lenders considering their options as a seller in the current market should reach out to l

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Lender Services and Software, Wholesale News; Strong August Payrolls Report

We have witnessed a change in our work environment. From the Central Coast of California, Jeff O. sent, “Yesterday I had convened a zoom meeting of major national programs that took two months to set up. I was disappointed when one of the key program leaders was missing. He appeared 25 mins into the meeting and apologized for being late, saying that a sink hole had appeared in his backyard and needed to wait for help to arrive before jumping on the call. It is the most unique excuse I have encountered for being late for a meeting and part of the new normal for remote work.” (Working from home or being in the office is still somewhat in flux; recall this short very humorous video about returning to the office.) Capital markets folks work from home and are back in the office, grappling with products and margins, and the current blog from the STRATMOR Group talks about how mortgage pricing is set in, ““Secondary Marketing: What They Do All Day.” (Availab

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Broker, Pricing, Workflow, Upcoming Events, Training, Webinars; Fed Day as New Apps Hit 22 Year Low

Broker, Pricing, Workflow, Upcoming Events, Training, Webinars; Fed Day as New Apps Hit 22 Year Low
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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