“If you know someone who has an intense fear of store Santas, would you say they were suffering from Claus-trophobia?” For individuals or companies, do you have a fear of being hacked? Under the heading of “It’s not if, but when…” First American “has experienced a cybersecurity incident. In response, we’ve taken certain systems offline [like the main website above] and working to return to normal business operations as soon as possible.” First American owns First American Title and also owns ACI, one of the largest appraisal software providers. This outage stopped appraisers using ACI from having the ability to upload appraisal reports to FLS. Some lenders acted quickly. Fairway Independent, for example, stated that if a Fairway borrower’s closing was negatively impacted, corporate would cover any hotel, meal, or storage expenses incurred by their clients. (Today’s podcast can be found here, and this week’s is sponsored by Lender Toolkit’s AI-powered AI Underwriter and Prism borrower income automation tools. Get loans approved in under two minutes. By providing lightning-fast underwriting decisions, your market reputation with borrowers and Realtors will soar.) Broker and Correspondent (TPO) Products “AFR Wholesale® is excited to present a unique opportunity that benefits you and your clients: the Jingle Bell Float Down. From now until 12/29/2023, lock your loans with us and enjoy the security of our special offer. With the Jingle Bell Float Down, you can lock your loan for up to 30 days. When the loan goes for final review, we’ll adjust to the current day’s rate - ensuring you get the best deal without falling below your locked price. This offer applies to all AFR's loan programs and is available through the Correspondent Non-Delegated, Correspondent Table Funded, and Brokered Channels. *Please note, some exclusions do apply. Ready to lock in your loans? Visit the AFR Loan Center now! To learn more about this exciting opportunity, connect with AFR: visit here, email us, or call: 1-800-375-6071. Don’t miss out on this special offer… Contact AFR today!”