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Tech Sales, LO Jobs; Correspondent, Verification, Pricing Products; Mitigating Credit Costs

“Who closes the door when the bus driver gets off? The world is full of questions. “Why have all the predictions of lower rates been wrong?” Yesterday I was in the SF Bay Area giving a speech to a group of LOs and management and was asked, “Rob, are you hearing that lenders are requesting clients pay for the credit report(s) up front?” Absolutely I am. Lenders have grown weary of paying for the credit reports of loans that don’t fund and heaping those rising costs on the loans that do. “Rob, are mergers and acquisitions going to pick up?” Yes. We had one recent depository bank deal (Mississippi’s Guaranty Capital Corporation will acquire Lafayette Bancorp, Inc.), but we can expect continued deals in an 8 percent mortgage rate world as lenders and vendors, big and small, re-evaluate either their position in the market or even if they want to continue to exist. (Today’s podcast can be found here: Sponsored by nCino, ma

Yes, pension funds are rich, but they won t bail out Britain | Phillip Inman

Jeremy Hunt’s fascination with the investment potential of retirement savings is understandable. But the obstacles are prohibitive

Political stability to smoothen borrowing route, say analysts

The successful presidential transition and improving liquidity in the market are likely to help the performance of the government’s domestic borrowing plans.

New Hampshire banks rally opposition to IRS reporting proposal

New Hampshire banks rally opposition to IRS reporting proposal
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