comparemela.com

Latest Breaking News On - Axos bank warehouse lending - Page 1 : comparemela.com

Non-QM, DSCR, HELOC, Pre-Approval, Automation Tools; The MBA, CFPB, and White House on Mortgages

Non-QM, DSCR, HELOC, Pre-Approval, Automation Tools; The MBA, CFPB, and White House on Mortgages
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

Bi-Lingual, Subservicing, POS, Warehouse Products; STRATMOR Comp Survey; Freddie and Fannie Changes

I head to Colorado Springs this morning, the scene of $3,000 mountain bikes in bike racks on top of $500 cars. There are roughly 380 bank branches in the city, including mortgage lender NBH. On the flip side, do you work at a non-depository bank, like a mortgage bank or broker? You should know that the Treasury’s Financial Stability Oversight Council voted unanimously to issue (for public comment) new proposed interpretative guidance on the Council’s procedures for designating nonbank financial companies for Federal Reserve supervision and enhanced prudential standards to replace the Council’s existing guidance and describes the procedural steps the Council would take in considering whether to designate a nonbank financial company. This follows the Consumer Financial Protection Bureau's (CFPB) proposal to bring more nonbank financial companies under its direct supervision. (Today’s podcast can be found here and is sponsored by LoanCare, a Fidelity Na

Bi-Lingual, Warehouse, Operation Efficiency Tools; Events, Webinars and Training Coming up Soon

I am very happy that my life is perfect. Isn’t yours? When I order scrambled eggs at the diner, the waitress says, “Perfect.” When I pay with a credit card at the car wash, the attendant replies with, “Perfect.” I tell the dry cleaner I’d like my shirts not wrapped in plastic. “Perfect.” Watch out for those “perfects” out there. One thing that was definitely not perfect was the ending of 2022 for residential lenders and their vendors. Just because the calendar turned a day or two doesn’t mean rates have done much, nor margins, nor revenue. Ready for a repeat of the 4th quarter of 2022 in the 1st quarter of 2023? Have vendors and lenders made the necessary cuts, in sales and operations, to keep pace with industry volumes being down 50 percent from a few years ago? How’s your “tech spend” as you enter 2023? (Let’s ask Southwest Airlines how its low tech spend worked out. Speaking of S

Cap Mkts , CRM, Appraisal Bias, Pre-Qual Products; October Events and Webinars; S&D Loan Pricing Where?

Water is a powerful force: just check out this time lapse storm surge video from Ft. Meyers in Florida. Turning to metaphors, Sun Tzu said, “If you wait by the river long enough, the bodies of your enemies will float by.” Some investors and lenders may have adopted that phrase. We’re staring at the autumn and winter, and its ugly out there. Cutting costs fast enough? Best Capital, Finance of America’s retail division going to G-Rate (as reported earlier this week in this commentary) and perhaps closing its wholesale channel (with its low margins and high perceived risk warrantying all the broker business). AnnieMac (American Neighborhood Mortgage Acceptance Company LLC) “as a result of worsening market conditions, has made the difficult decision to cease Wholesale Operations effective October 31, 2022…” (Those impacted by mortgage companies downsizing can post their resume for free here and employers can view them for the nominal fee of

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.