Page 5 - Broker Products News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Broker products. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Broker Products Today - Breaking & Trending Today

Jumbo, Non-QM, Accounting, Servicing, Processing Tools; Conv. Conforming News; STRATMOR on Customer Experience

“I'm at a place in my life where errands are starting to count as going out.” No one’s getting any younger, and like time marching on, technology does as well. For history buffs, here is a recording of the voice of someone born in 1800, at the 13:30 mark in the video. Fast forward, and something that enthralled countless kids has run its course: The last Chuck E. Cheese animatronic band in the world will exist in Northridge, California. Remember when that chain was popular for kids’ birthday parties? Assumable mortgages were, at one point, popular as well, but not any longer. “Assumable mortgages are hard to find, take long to process, and are only good for certain buyers.” But that doesn’t stop them from grabbing the public’s attention when they’re in the headlines. (Today’s podcast can be found here, and this week’s is sponsored by Richey May, a recognized leader in providing specialized advisory, au ....

United States , Jerry Mccoy , Argyle Brian Geary , John Gibson , Mike Seminari , Freddie Mac , Phil Jones , National Mi Bulletin , Market Committee , Chucke Cheese , Flagstar Bank , Fannie Mae , Capital Markets Committee , Agency Freddie Mac , Eligibility Matrices In National Mi Trueguide , Housing Finance Agency , Mortgage Bankers Association , Mortgage Corporation , Norges Bank , National Mi Announcement , Agency Products , Agency Fannie Mae , Computershare Loan Services , Advisory Services , Federal Reserve , Richey May ,

Super Jumbo, HELOC, DSCR, CRM Texting, Servicing Rights, QC Products; Fannie/Freddie Updates

Today I head to Northern California, home of plenty of technology. The other day I went to the doctor and the receptionist handed me a tablet and said, “Please fill out these medical forms on the screen, which are identical to the ones you filled out earlier online, and have the exact same questions your doctor will ask you later in the exam room.” Great. There’s nothing like old-fashioned printed things. I am sure that menu Quick Response (QR) codes are fine, but plenty of other QR codes are not: beware! “The Federal Trade Commission (FTC) warned the public against scanning any old QR code in a consumer alerts blog last week. Naturally, the warning comes down to security and privacy: bad actors can put QR codes in inconspicuous places or send them via text or email, then just sit back and wait for a payday in the form of money, logins, or other sensitive information. Lord knows that the mortgage industry has enough challenges from lousy characters without m ....

United States , Kenon Chen , Eric Nelepovitz , Orleans Jan , Sandra Madigan , Freddie Mac , Clayton Collins , Justin Castillo , Companies Inc , Secondlook Software , Fannie Mae , Broker Program , Axos Bank Wholesale Correspondent , National Sales , Sales Team , Market Committee , Mortgage Technology , Blue Water Financial Technologies Services , Northern California , Quick Response , Federal Trade Commission , Richey May , Clear Capital , Broker Products , Urban Institute , Down Payment Resource ,

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 ....

North Carolina , United States , Mark Mcardle , Robbie Chrisman , Sally Carothers , Mark Workens , Jeff Seabold , Conrad Reed , Class Union , Program Updates , Market Committee , Labor Turnover Survey , Trunion Appraisal Services , Consumer Finance Protection Bureau , Consumer Finance Protection , Richey May , Change Wholesale , Broker Products , Cino Mortgage , Class Valuation , Incenter Appraisal Management , Trunion Appraisal , Mortgage Marketing , Make More Out , Twin Market Share , With Lender Toolkit ,

LO Technology, Broker PPE Products; Training and Webinars This Week; 3.7% Unemployment

“What do you call James Bond having a bath? Bubble 07.” In different bond matters, mortgage rates will always be higher than Treasury rates, in part because of the prepayment risk in mortgages that doesn’t exist with Treasury bonds. With the drop in rates, sales management personnel at lenders are busy figuring out how best to remind the staff about EPO (early payoff) penalties levied by investors while at the same time working on ways to save money besides furloughing, cutting staff, outsourcing, and re-doing vendor contracts. The recent decline in rates and increase in applications is welcome: According to Curinos, November 2023 funded mortgage volume decreased 11 percent YoY and 10 percent MoM. In the Retail channel, funded volume was down 22 percent YoY and 10% MoM. The average 30-year conforming retail funded rate in November was 7.45 percent, 25bps higher than October and 85bps higher than the same month last year. (Curinos sources a statistically significant ....

United States , John Mcelhone , Carl Wooloff , Freddie Mac , Rob Chrisman , Terry Aikin , James Bond , Kristin Messerli , Lawrence Yun , Richard Martin , Marianne Collins , Julie Cooper , Bruce Lund , Christina Pham , Vince Furey , Jessica Lautz , Rebecca Lorenz , Catalina Kaiyoorawongs , Delfino Aguilar , Ken Flaherty , Leonidas Mourelatos , Robbie Chrisman , Parker Ross , Cino Ben Miller , Tony Thompson , Heidi Iverson ,

Bulk Sales, Best-Ex, Accounting Outsourcing, Verification Tools; FHA and Ginnie News; STRATMOR Tech Survey

Time flies (see joke at bottom), and here we are at Pearl Harbor Day already. “I'm a multitasker. I can listen, ignore, and forget all at the same time!” Occasionally someone will accuse me of having a sense of humor. If true, it can be traced back to my parents, but a portion of it came from watching Norman Lear’s shows like All in the Family, Sanford and Son, Maude, The Jeffersons, and movies like The Princess Bride (“as you wish”). Mr. Lear died yesterday, but his impact will be long felt. Audiences loved his shows. Does your customer love you, no matter the price? That’s the case with Coke. The average price of a 12-ounce can of Diet Coke in a package of 12 was 34 cents in 2018 but hit 56 cents per can in October 2023, a 65 percent increase. In general, Diet or regular, prices have shot up: The average price of a Diet Coke at a restaurant hopped up from $2.05 to $2.77. Inflation at many levels is impacting rates, including Treasury ....

United States , Pearl Harbor , Deephaven Tom Davis , Eric Spottswood , Norman Lear , Ginnie Mae , Rob Chrisman , Freddie Mac , Primelending Los , Sean Higgins , John Hudson , Home Loan Mortgage Corporation Freddie Mac , Mortgage Market , Group Technology Insight , Updates On Bond Housing Authority , Gray Christmas Inc , Agency Llpas , Housing Finance Agency , Resource Center Updates , Mortgage Financial Services Tpo Mfstpo , Digital Innovations , Pezian Search Group , Home Equity Conversion Mortgage Program , Advisory Services , Pearl Harbor Day , Princess Bride ,