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It's time to compete stronger with the right mortgage technology

Today’s credit unions are competing with a myriad of mortgage lenders – from regional and retail banks to non-bank lenders. Attracting borrowers in a ....

Eddie Bonilla , Credit Union , Black Knight ,

Recruitment, Marketing, Database, MSR Valuation Products; News From Freddie and Fannie; Jumbo Pricing Concerns

If you’re really happy when a scheduled conference or Zoom call is cancelled, does that mean you’re in the wrong line of work? (Asking for a friend.) The demand for Team or Zoom calls certainly skyrocketed during the pandemic, although as companies have moved back into the office to some extent, the demand for them has dropped. Supply and demand determine mortgage pricing, so there is little use in a lender originating loans if there is no demand by investors or portfolios for those loans. Most jumbo loans are originated in states near the Atlantic and Pacific Oceans. Many originators in those states are wondering where their jumbo pricing will come from, as not only is Wells Fargo Correspondent gone but now First Republic, the 4th largest jumbo mortgage lender, has just exited the market. On the investor call, Jamie Dimon noted that First Republic’s core business of “making very large cheap mortgages will not happen going forward.” Other banks have a ....

Mark Hanson , Richard Jefferson , Omar Cantillo , Freddie Mac , Eddie Bonilla , Jamie Dimon , Michelle Richardson , Wes Brown , Jp Morgan , Broker Software , Pezian Search Group , Community Lending , First Republic Bank , First Community Mortgage , National Survey Of Mortgage Originations , Team Or , Network Funding , Royal Bank , National Sales Director , Credit Union , Fannie Mae , National Client Services Team , Credit Union Insight , Wells Fargo Correspondent , First Republic , Black Knight ,

Deliver best-in-class mortgage servicing experiences to drive future growth

When members choose your credit union to finance their new home, they are trusting you with one of the biggest investments of their lives. It’s no ....

Eddie Bonilla , Credit Union , Black Knight , Servicing Digital ,