Recruiting, AE, MLO, Ops Jobs; Hedging, HELOC, Anti-Fraud Tools; CFPB Meeting Transcript; GSE s Bold Move Apr 1 2021, 8:22AM
Worried about it being April Fool’s Day? Don’t be. We’ll take care of you. Today s podcast includes a discussion on extended locks, as well as an interview with millennial Megan Sinclair on her non-biased experience with the refinance process. Worried about rising rates? What, your company doesn’t do HELOCs or cash out refis? Here’s a story on rising rates from an industry perspective, although 3.25 percent shouldn’t kill your business. Worried about how Freddie Mac’s announcement yesterday on its new policy regarding 2nd homes and investment properties? We knew it, along with other changes, was coming nearly three months ago. Capital markets folks agree that it is not that bad: Freddie will only purchase second homes and investment property loans that were underwritten by LPA. Not DU. And nearly everyone has the Fred