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Secondary, DSCR, Marketing, POS, QC, DPA Tools; MBA s Home Equity Study; Experian Hack

Carol K. writes, “Back in my day there was so much cheap toilet paper and eggs that we would throw them at the houses of our enemies.” And then there’s, “Money can't buy you happiness, but you can sure have a good time searching for it.” Speaking of a good time, are you single? Want to make $1,500? Shane Co. will pay you to go on 15 first dates. Search for dates at the grocery store, a dating app, whatever. Many lenders are searching for production, and with that in mind, is your company participating in the FHFA’s Special Purpose Credit Program? Rumor has it that those lenders in the pilot program must pay up to $5,000 per loan… but what do I know? If true, is that added to the $11k the MBA tells us it already takes to do a loan? There’s even a “tool kit.” And of course the CFPB is keenly interested in these types of programs. Any questions about participating or NDAs or procedures should be addressed to you

Total Expert Achieves Momentous Growth as Platform Helps Financial Institutions Navigate Challenging Market

Total Expert Achieves Momentous Growth as Platform Helps Financial Institutions Navigate Challenging Market
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Non-QM, Disclosure, Hedging, HELOC and 2nd Products; FHA News

U.S. travelers to Hong Kong have had better days, with Hong Kong banning travel from the U.S. Chicago schools (with over 300,000 students) have had better days as classes were canceled due to a union dispute with the mayor. In nearby Michigan, United Wholesale Mortgage (with 9,000 employees) has had better days as well, and, per this story, is under investigation for health protocol reasons. Good health (and a good work environment) is something everyone wants. Money too. Let’s face it: if you have money, other people want it. Here’s the latest scam out of Texas: parking meters with fake codes on them. Be careful out there! Some think that the IRS “wants” your money, but the Internal Revenue Service is acting on the U.S. Government’s directives and laws. Like yesterday’s tax tip about reporting stolen property as income… Many years ago I had my ‘79 Datsun 210 Hatchback stolen in a bad neighborhood in San Francisco… that is

Sales Training, VOA, Talent Acquisition, Marketing Tools; CFPB Trends: Competing on Compliance?

Today I head to San Diego for a California MBA board meeting, the home base of the Pacific Fleet. It’s been 80 years since Pearl Harbor, a “date that will live in infamy.” That was a terrible day. We all have bad days, but nothing in comparison to that and it is important to keep those days in perspective. The United States and our allies faced off against Japan, Germany, and Italy for the following four years. The residential lending industry is wondering if Amazon and Apple will face off against the Consumer Finance Protection Bureau. Rohit Chopra, age 39 and Director of the CFPB, faces limits in policing individual tech companies , which haven't been subject to supervision the way banks are. People continue to write, asking about the CFPB’s reach. The CFPB’s

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