Rob Houser News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Broker and Correspondent Products, Database Mining, Engagement, Cybersecurity Tools; Training and Webinars This Week

This morning (as I head to Chicago) and every morning, I keep myself sharp by regularly asking myself the tough questions like, “What happened yesterday?” and “What was I planning on doing just now?” Looking forward, as some attendees of last week’s conference made note of the MBA Annual’s dates in Denver for next year butting up against Halloween, successful salespeople will tell you that many of their best business meetings last week, or at any conference, contained very little business and didn’t take place in a meeting room. I’ve seen this in action many times over the years. Numerous conversations were personal in nature and took place in the hallways or at social events. Yes, the sessions were valuable, although if you’re a company whose unofficial slogan is, “Survive until ’25,” you’re not likely to care much about some Agency’s “Five Year Plan.” (Today’s podcas

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Internal Audit, Marketing, Valuation, Processing Tools; Credit Cost Changes, Non-QM Back in the News

“My dog is really worried about the rising price of groceries, with a can of dog food now costing $3. That’s $21 in dog money.” As I travel and speak with originators, besides the regulatory environment being a concern (the latest example being the CFPB suing Freedom Mortgage yesterday), the cost to produce a loan is still a problem, and for some it is about to worsen. The last MBA’s study calculated that total loan production expenses (commissions, compensation, occupancy, equipment, and other production expenses and corporate allocations) were $11k per loan in the second quarter. Talk of another round of credit cost changes swirl, good and bad, similar to the end of last year, prompted by Fair Issac and rippling through the bureaus and CRAs. (Any questions should be addressed to your credit provider.) (Today’s podcast can be found here. This week’s is sponsored by NotaryCam, your partner for The Perfect Close! Ease of use, additional closing

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Conduent, BNY Mellon To Launch Digital Hub, Expanding Access To Secure Payments

Conduent, BNY Mellon To Launch Digital Hub, Expanding Access To Secure Payments
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Conduent (CNDT) and BNY Mellon to Launch New Digital Hub

Conduent (CNDT) and BNY Mellon to Launch New Digital Hub
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