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Non-bank partners with VOW Financial

Better Choice has announced a partnership with the aggregator to enhance commercial loan solutions for brokers. ....

South Australia , Shay Lena , Glenn Mitchell , Alt Doc , Ultimate Product Range , Lease Doc , Better Choice ,

HELOC, Broker, and Correspondent Programs; First American's Cyber Issue; 10-Year Yield Bouncing Back?

“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 ....

United States , Mark Paoletti , Freddie Mac , Sloan Center , Mortgage Market , First American Title , Lender Toolkit , Jingle Bell Float , Jingle Bell Float Down , Correspondent Non Delegated , Correspondent Table Funded , Contact Symmetry , Manual Underwriting , Closed End Seconds , Alt Doc , Bank Statements , Fannie Mae , Rocket Pro , Non Delegated Correspondent , Contact Rocket Pro , Newrez Correspondent , Happy Holiday , December Philadelphia Fed Index , November Leading Economic Index , Primary Mortgage Market Survey , Personal Consumption Expenditure ,

Broker, Business and Customer Intelligence, AI Underwriter, Marketing , Credit Union AMC Tools ; More Soft Landing Talk

If olive oil is made from olives, what is baby oil made from? The regulatory framework, some would say “tangled web,” facing lenders is made from hundreds of federal, state, state, local, and quasi-governmental bodies. Analogies aside, near the top of the heap is the Consumer Finance Protection Bureau. The CFPB makes its priorities known and is concerned with redlining among other things. The CFPB can’t do anything about rising credit score costs, but for some reason people think it can. On Wednesday at 2PM ET, 9AM HT, the CFPB’s Mark McArdle will be educating us in a session sponsored by L1. (If you have questions you’d like asked, submit them to Robbie Chrisman.) The show will not be recorded, so tune in. Today’s podcast can be found here, and this week’s is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology and other services to the mortgage industry for almost four decades. Today&#x ....

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