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NEW BOOK ALERT: STRATEGY FOR REAL ESTATE COMPANIES:

/PRNewswire/ Leading real estate consulting firm RCLCO today announced the publication of Strategy for Real Estate Companies: The Nine Essential Pillars of. ....

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Home Equity, Pre-Qual, Correspondent, Verification Tools; Training and Webinars; STRATMOR on LO Habits

Attention in the hallways in the early going at the IMB Conference in New Orleans is varied. LinkedIn traffic seems to have picked up for IMB companies like Draper and Kramer and Atlantic Bay, but that is hardly a scientific measure of companies being bought, buying, or exiting the business. (As always, direct questions to company representatives.) Credit costs and trigger leads are a big item; this Wednesday’s L1 Mortgage Matters session at 2PM ET features John Fleming, of John Fleming Law and the Texas MBA, discussing issues including a fine update on the trigger lead situation. Being pragmatic about handling branches that are losing money, even if the crew there has been with you for years and years, is a hot topic among owners. The last 18 months has not been the time to waffle or ignore information. Today’s podcast can be found here and this week’s is brought to you LoanCare. LoanCare has successfully navigated clients and homeowners through market change for ....

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Fee Collection, HELOC, Automation, All-cash Products; Training, In-person Events, and Webinars

As Florida’s homeowners, insurance companies, and companies that service loans in Hurricane Ian’s path, brace for the storm, lenders nationwide continue to grapple with a very, very difficult environment. Everyone wants a decent HELOC. Servicing sales have dropped. Buydown loans are back in vogue. (Ask your investor if they buy them, but Planet Home, AmeriHome, and Northpointe jump to mind.) Everyone wants a viable ARM product, at a fixed rate program with some points back. There are many asking if the days of paying 125-150 basis points to IMB LOs are numbered. There is a lot going on as we wrap up September. In fact, some would say it’s pumpkin spice season again, which can only mean one thing: it's time for the 2022 MBA Annual Conference. I spotted Garth Graham and David Hrobon from STRATMOR on the attendee list, who told me their schedule is quickly filling up. Any lenders considering their options as a seller in the current market should reach out to l ....

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