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Profitability Analysis, Closed-End 2nd Products; Ginnie Ticket Primer for Government Program Lenders

Hey, I’ve got news for you: 2023 is half over. Sometimes reality bites, and vendors and lenders can’t sit there, wringing their hands, waiting for things to get better on their own. Are lenders suddenly going to make huge margins on lots of volume in the second half? Are LOs who were doing 2-3 loans a month in the first half suddenly going to do 4-6? Are vendor reps suddenly going to double their clients? Are rates going to plummet? Is the number of houses for sale going to skyrocket? Banks, credit unions, and depositories are certainly doing something. An analysis of call reports shows that mortgage banking income at banks and thrifts increased by 36 percent on a sequential basis. JPMorgan Chase and Wells Fargo individually more than doubled their MB income from the fourth quarter to the first. Others, like Truist and PNC followed, as Inside Mortgage Finance points out. That said, to the surprise of no one, mortgage-banking income at banks and thrifts was down 38 percent ....

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Realscreen » Archive » Lion Television U.S. appoints longtime execs as co-presidents

Lion Television U.S., the American office of the award-winning prodco under All3Media’s Lime Pictures, has announced the promotion of longtime executives Allison Corn and Stan Hsue to co-presidents as the company strengthens . ....

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DTC Opportunity; Cap. Mkts., AE, MLO Jobs; Efficiency, Automation, Docs Products; Upcoming Training and Events

DTC Opportunity; Cap. Mkts., AE, MLO Jobs; Efficiency, Automation, Docs Products; Upcoming Training and Events
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.

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"Some Kind of Heaven," a documentary by Lance Oppenheim

Photograph courtesy of Lance Oppenheim
Ever since documentarian Lance Oppenheim ’19 first heard of The Villages, as a child growing up in south Florida, he’d been intrigued by the place. Often referred to as “Disneyland for seniors,” it is a sprawling retirement community with more than 123,000 residents living in daily vacation-like leisure, with a monthly amenity fee providing endless opportunities to party, socialize, golf, and even find romance. Oppenheim found himself wondering sometimes if the apparent oasis truly appealed to everyone who lived there, and if that appeal truly lasted: “What happens when your fantasy becomes just as mundane as life outside of the fantasy used to be?” ....

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