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Lender/Broker Products; Events and Training; Cap Markets Update

Sure, Fannie had $5.2 billion of net income in the fourth quarter of 2021, but money can’t buy you love. Love is more of a chemical reaction than a statistical study, but computers don’t deal so well with that. But stats will tell you that apparently the best place to find love is Buffalo, New York. Lending Tree released a report considering seven variables, including median single-person household income as well as the percentage of the population that isn’t married, or lives alone, to help determine which of the nation’s 50 largest metros are the best for single people. Rounding out the top five were Cleveland, Louisville, Detroit, and a tie between St. Louis and New Orleans. MLOs know that because single people often can’t rely on a “significant other” to bring in extra income, they need to take extra care that they’ve got enough money to make ends meet… or make a mortgage payment so areas with low costs of living can b

Wolters Kluwer Compliance Solutions and Floify Announce Collaboration for eNote Digital Signature Closings

Product integration provides Floify customers with Wolters Kluwer eOriginal's leading digital mortgage promissory eNote technology to expedite mortgage e-closings Wolters Kluwer Compliance Solutions

Floify Integrates Wolters Kluwer s eOriginal into Loan Processing System

Floify Integrates Wolters Kluwer s eOriginal into Loan Processing System
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Data, AI, Encompass, Workflow, Lead Conversion Tools; Credit Tightening; Events and Webinars; LO Comp

No CEO wants to hear from their secretary, “The CFPB is holding for you on Line Two.” Lenders who have different prices in the same MSA? Don’t even try. Got a clever idea about net branches that aren’t net branches? Give it up. A point bank, labeled something else? Let me know how it goes with your state regulator out to make a name for themselves. Forbearance servicing is attracting attention, but loan officer pay is an ongoing “issue” and the current STRATMOR blog is, “The Personal Touch” about MLO compensation, different basis points for different channels, and shifting business models . Last Friday (12/10) I noted about a dust-up between the CFPB Director and the FDIC over a disputed vote of the FDIC Board. This issue seems to have struck

Data, AI, Encompass, Workflow, Lead Conversion Tools; Credit Tightening; Events and Webinars; LO Comp

Data, AI, Encompass, Workflow, Lead Conversion Tools; Credit Tightening; Events and Webinars; LO Comp
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