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Ranieri Solutions Welcomes Industry Veteran Rob Lux As CEO

Ranieri Solutions Welcomes Industry Veteran Rob Lux As CEO
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Brandie Young , Lewis Ranieri , Karen Bellezza , Lewiss Ranieri , Rob Lux , Ranieri Solutions , Chief Executive ,

Sales Mgt., MLO Jobs; Non-QM, Processing, ECOA, Subservicing Tools; Administration and Housing


Sales Mgt., MLO Jobs; Non-QM, Processing, ECOA, Subservicing Tools; Administration and Housing
Apr 9 2021, 8:07AM
What’s new out there? Queen Elizabeth’s husband Prince Phillip has passed away this morning at age 99. Wealthy people in New Yorkseem to be fleeing to live in other states with a lower tax rate. Both Freddie Mac and Fannie Mae released QM loan information that maps out their policies. Any lender originating Agency loans should be aware of their requirements and their effective dates related to their purchase of loans subject to the Qualified Mortgage (QM) Rule and originated relying on the GSE Patch. And tongues are wagging about the proposed CFPB RESPA Servicing Rule with protections for borrowers affected by the COVID emergency. Industry players are questioning the regulatory authority to issue a blanket prohibition on foreclosure through the end of the year and are concerned that the contractual disruption for investors might ....

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Non-QM, Reno, Jumbo Products; SaaS, Sales, Underwriting Products; Correspondent News; Underwriting Shifts


Non-QM, Reno, Jumbo Products; SaaS, Sales, Underwriting Products; Correspondent News; Underwriting Shifts
Apr 8 2021, 9:55AM
i before ‘e’ except after ‘c’” has finally been disproved by science. Does “machine learning” equal “Artificial Intelligence (AI)”? Nope. And did you know that over the past 12 months, in the U.S. there has been a net loss of 2,563 bank branches (3,585 branches shuttered while 1,022 were opened) per S&P Global? Although the pandemic has definitely had a hand in speeding some of these closures along, lenders are concerned about how the post-pandemic world will affect depository bank and mortgage bank branch levels. Lenders are also concerned about how HMDA data, sifted through by the CFPB, may be construed. It is generally thought that the lowest cost, most efficient producers will rise to the top, and the commentary has some notes on back-office changes below. In addition, the audio version of today’s ....

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