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Training and Events; TPO, Processing, Tax Products

This isn’t a commentary. It’s a “next level experience!” How are we in the week ending the first quarter already? Here’s some news that will be greeted with glee by every independent mortgage banker in the nation, whether they do business in California or not. The California MBA and national MBA, and constituents across the state, have defeated the CRA requirement for non-depository institutions in that CA. Given that 20-25 percent of residential production comes from the Golden State, it has wide ramifications. CEO Susan Milazzo tells me that the author of SB 1176 is removing all current CRA language. (Proponents of CRA requirements for IMBs relied, in part on a Greenlining Institute report.) What else are independents watching? A recent STRATMOR workshop indicated that the technology dollars spent is down for some large banks, but appears to have increased for some large IMBs as they are more likely to have transaction-based pricing than large bank ....

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Snowfall has big impact on people in north St. Louis County

People spent the day battling the snow on Thursday. Drivers were stuck on the roads and met other winter storm-related problems. Plow crews will be clearing roads. ....

Eric Wiley , Keelan Payne , From Bellefontaine Neighbors , Louis County , Halls Ferry Circle ,

Hedge Cost, QC, Compliance Tools; Investor FHA Changes; Upcoming In-person Events

Andy Rooney died over ten years ago. Many will say that Bill Mahr has taken his place, albeit with saltier language and a political bent. In this piece, Mahr discusses his thoughts on young people in “Gen Z” and “van life” which I found humorous. It reminds us that we are made up of different generations, and given the snow hitting much of the U.S. it isn’t only your parents that walked through the snow uphill both ways to school. The U.S. Census Bureau has not defined “millennials” but most groups tend to group them into those born between 1981 and 1996, which means the 72 million of them have begun turning 41. By the time 2030 rolls around, all “baby boomers” will be older than 65. It should be of no surprise that reverse mortgages, basically available to homeowners with equity who are 62 and older, are a fast-growing piece of the mortgage landscape. Lenders can’t do anything about an environment where higher mortg ....

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Bus. Dev., DTC, AE, Corresp. Jobs; Marketing, Processing Tools; Conforming Changes; Jobs Data and Rates

Bus. Dev., DTC, AE, Corresp. Jobs; Marketing, Processing Tools; Conforming Changes; Jobs Data and Rates
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Ops, MLO jobs; Whole Loan Sales, Jumbo, QC, Home Buying Education Products; Freddie and Fannie Changes

Ops, MLO jobs; Whole Loan Sales, Jumbo, QC, Home Buying Education Products; Freddie and Fannie Changes
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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