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Top News In Best Efforts Today - Breaking & Trending Today

Hedging, Wholesale and Correspondent Products, 4506 vs. 8821, U/W Automation, Recapitalization Possibilities

Not all, but many, capital markets folks spent their college years rolling up their sleeves. Some not so much. When originators are asked about interest rates, some LOs may use the line in the clip above: “Oh, man. I only ride them; I don't know what makes them work.” (The current STRATMOR blog is titled, “Relying on the Fed: How Did This Happen?”) Yesterday the Federal Reserve Open Market Committee (FOMC) grabbed the headlines, despite doing exactly what everybody expected them to do: leave rates unchanged. Inflation is still higher than the FOMC would like. Certainly, insurance costs, whether they be homeowner or car, are inflationary. It would be foolish to blame the Biden Administration, or any administration, for things like insurance costs, ships running aground in the Suez Canal, a drought in Africa, or what OPEC does. Such is life, and one needs to ask how much more government interference we need or want. In my opinion, a president consultin ....

New York , United States , Todd Lautzenheiser , David Lazowski , Gray Christmas , Eric Brennan , David Hrobon , Karen Russell , Jay Powell , Alex Clark , Zeenat Zonte , Bill Parnell , Ben Itkin , Steve Jacobson , Joe Matteo , Brent Amos , Michael Milich , Marty Yocum , Derek Lewis , Troy Baars , Peter Idziak , First Merchants Bank , Correspondent Community Lending Program , Freddie Mac Primary Mortgage Market , Plainscapital Bank National Warehouse Lending , National Secondary Conference ,

Borrower Outreach, Servicing Oversight Products; TPO News; Bank Merger Announced; Brokers and RESPA

“I accidentally rubbed ketchup in my eyes. Now I have Heinzsight.” In terms of foresight, looking ahead, there are some interesting things going on out there in Mortgage Land! How ‘bout the CapitalW Collective non-profit for women in mortgage capital markets? And Beeline's Miguel Vega has been in the press lately with, "The Dream of Owning a Piece of America is a Dominant Theme in the Latino Community” and the company launching a Spanish-language version of its home loan experience this week. Something else that continues to be “interesting” is the question, “Are brokers violating RESPA every day?” This question is asked because brokering is a referral of a customer to a lender, right? HUD identified fourteen services normally performed in the origination of a loan (Section II, subsection C of the link above), and brokers usually do five out of the fourteen services, including taking the application, to get around ....

United States , New Mexico , Blue Valley , Miguel Vega , Clayton Samantha Shanaberger , Ginnie Mae , Susan Milazzo , Planet Financial Group , Planet Management Group , Financial Corporation , Heartland Financial , Fannie Mae , Arizona Bank , Wisconsin Bank , Dubuque Bank , Heartland Financial United States Inc , United States Inc , Debt Service Coverage Ratio , Mexico Bank , Angel Oak Mortgage Solutions , Planet Home Lending , Latino Community , Valley Bank , Financial Corporation Nasdaq , First Bank , Illinois Bank ,

Forget About Luke Skywalker, Star Wars' Most Unlikely Hero Just Ruined All Palpatine's Plans

Forget About Luke Skywalker, Star Wars' Most Unlikely Hero Just Ruined All Palpatine's Plans
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Chelli Aphra , Alyssa Wong , Betsy Cola , Rachelle Rosenberg , Bo Katan Kryze , Luke Skywalker , Minkyu Jung , Emperor Palpatine , Joe Caramagna , Marvel Comics , Doctor Aphra , Jedi Order , Star Warshero , Empire Strikes Back , Doctor Chelli Aphra , Star Wars , Gon Jinn , Aphra Discovered , Jedi History , Best Efforts , Jedi Still Returned , Aphra Play , Darth Vader , Imperial Inquisitorius , Star War ,

Form DEF 14C FINDIT, INC. For: Jan 26

Form DEF 14C FINDIT, INC. For: Jan 26
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Data Mining, Fair Lending, Tech Stack Products; Ginnie Stats; STRATMOR Ops Workshop; LO Comp and Profitability

I received this call yesterday from an LO friend. “Rob, I was talking to my ‘hair-apist’ last night, and I was telling her about how our industry has been a real roller coaster in terms of income for people and companies. People need their hair cut regularly, but certainly people don’t need home loans regularly. We’re all keeping our fingers crossed that 2024 is an okay year.” First off, hats off on the “hair-apist” line. (Is there also “hair-apy”?) Second, lenders are doing what they can to at least stay profitable. In fact, STRATMOR’s current blog is titled, “Adjusting Loan Officer Compensation to Improve Profitability.” Many lenders tend to move in a pack, based on rates, regulatory environment, or volumes, and despite an uptick in locks in November which resulted in decent December fundings for many, lenders find themselves back looking at overhead, tech and investor mix, and lead source. Reg ....

United States , Christine Wagner , Corey Knight , Freddie Mac , Ginnie Mae , Broker Services , National Client Services Team , Food Energy , Jp Morgan , Wells Fargo , Mortgage Market , Loan Officer Compensation , Improve Profitability , Correspondent Lending , Correspondent Account Executive , Best Efforts , Prospective Correspondent Questionnaire , John Mccrea , New Year , Fair Lending , Sales Training , Operations Executives , Operations Workshop , Unpaid Principal Balance , Ginnie Mae Disclosure , Consumer Price Index ,