Most people are paid wages… will raises keep up with an annualized inflation rate of 7 percent? Others may receive a large payout from the sale of their company. Want to sell your mortgage vendor company to a VC firm, or receive private equity money? Label it a “Mortgage technology disruptor” firm. There are new things out there, old things with new names, or new ways to look at things. As a lender, do you have a program for barndominiums? Are you a lender thinking about starting up a direct-to-consumer business? The current STRATMOR blog is, “Opening the Door to Consumer Direct” about the pros and cons of the CD channel. Flipping houses? Sure. But flipping cars is now here. What’ll they think of next? Today’s audio version of the commentary is available here. This week’s is sponsored by SimpleNexus, an nCino company and homeownership platform that unites the people, systems, and stages of the mortgage process into one seamless, e
As freezing temperatures continue on in the Midwest and Northeast, keeping people inside, I doubt if there is a single person in the United States who doesn’t know someone who has tested positive for the Omicron variant, or knows someone who knows someone. I went to the bank yesterday but the branch was closed due to staffing absences! While we deal with this variant and wait for the next one, Michigan’s Victoria D. passed along, “The CDC says it’s not omicron unless it comes from the Omicronne Region of France. Otherwise it’s just sparkling COVID.” Staff shortages and winter storms have grounded flights just as airlines ramped up schedules. And in an overlap between housing policy and disasters, do you think building affordable housing, when the Federal Government demands it, is easy? It isn’t. Even replacing houses that were lost in dozens of disasters is an uphill battle. For example, only a handful of the 980 home owners who lost the
As freezing temperatures continue on in the Midwest and Northeast, keeping people inside, I doubt if there is a single person in the United States who doesn’t know someone who has tested positive for the Omicron variant, or knows someone who knows someone. I went to the bank yesterday but the branch was closed due to staffing absences! While we deal with this variant and wait for the next one, Michigan’s Victoria D. passed along, “The CDC says it’s not omicron unless it comes from the Omicronne Region of France. Otherwise it’s just sparkling COVID.” Staff shortages and winter storms have grounded flights just as airlines ramped up schedules. And in an overlap between housing policy and disasters, do you think building affordable housing, when the Federal Government demands it, is easy? It isn’t. Even replacing houses that were lost in dozens of disasters is an uphill battle. For example, only a handful of the 980 home owners who lost the