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Lender Products and Services; IMB Profits Plummet; Conforming Updates

Another day of travel, heading to California and its Central Coast. The state has seen its share of house price appreciation, as has the nation, and in terms of actual sales there are some who are predicting a steep decline in sales activity despite heading into the traditional summer buying season. (And there are stories about home “buyer’s remorse” which to me sound like whining.) Yes, as prospectors said starting in 1849, “there’s still gold in them thar hills.” There’s gold in startups also: Of course the co-founders are beaming in the photo from Tomo, a startup founded by former Zillow execs that aims to speed up the mortgage approval process, raised a $40 million Series A round at a $640 million valuation, doubling the company’s value after it raised a $70 million seed round last year. But there’s less gold in lending. Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain ....

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Training & Events; Vendor Products & Tools; Conventional Conforming Updates

I’m visiting with lenders in Tennessee much of this week, and a fair amount of the talk revolves around conversations with borrowers “unlocking the equity in their homes.” We’ve shifted quickly, which reminds me… What do Howard Johnson’s, Red Barn, Burger Chef, Beefsteak Charlie’s (I could go on… Farrell’s Ice Cream Parlor, Sweet Tomatoes, Chock Full o’ Nuts, although that is trying to stage a comeback…) have in common? They were all wildly popular and profitable, but went out of business. Few companies last forever, and corporate history is littered with big names. In lending, some top lenders from previous years are long gone. In unrelated, but related, news, Better.com was in the news again yesterday for another massive, publicized round of layoffs. (I use the term “publicized” since there are many lenders doing the same thing that don’t make the national news.) The online mortgage st ....

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Training & Events; Vendor Products & Tools; Conventional Conforming Updates

I’m visiting with lenders in Tennessee much of this week, and a fair amount of the talk revolves around conversations with borrowers “unlocking the equity in their homes.” We’ve shifted quickly, which reminds me… What do Howard Johnson’s, Red Barn, Burger Chef, Beefsteak Charlie’s (I could go on… Farrell’s Ice Cream Parlor, Sweet Tomatoes, Chock Full o’ Nuts, although that is trying to stage a comeback…) have in common? They were all wildly popular and profitable, but went out of business. Few companies last forever, and corporate history is littered with big names. In lending, some top lenders from previous years are long gone. In unrelated, but related, news, Better.com was in the news again yesterday for another massive, publicized round of layoffs. (I use the term “publicized” since there are many lenders doing the same thing that don’t make the national news.) The online mortgage st ....

United States , Shane Odell , Freddie Mac , Howard Johnson , Brent Nyitray , Pat Seroka , Caroline Isern , Las Vegas , Sean Connery , Mandi Garfield , Audrey Roberts , Fannie Mae , John Hummel , Us Bank Lender Portal , Weekly Mortgage Applications , Red Barn , Things Bank Statements Webinar , National Production , Bank Statement Income , Agency Freddie Mac , Us Bank , Flagstar Bank Memo , Burger Chef , Seroka Brand Development , National Mortgage Professional Magazine For Making The , Agency Fannie Mae ,

Sales Jobs; LO, Customer, Non-Owner, CRM UW Productivity Products; Conforming Loan Amounts; Lawsuits

Sales Jobs; LO, Customer, Non-Owner, CRM UW Productivity Products; Conforming Loan Amounts; Lawsuits
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高端養老矛盾「旋渦」待解： 引入海外模式水土不服 售房圈地短期逐利卻一床難求

高端養老矛盾「旋渦」待解：引入海外模式水土不服售房圈地短期逐利卻一床難求
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