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Top News In Full Doc Today - Breaking & Trending Today

DPA, Servicing Oversight, Relationship Mgt., Change Mgt. Products; TPO and Broker News

Remember when lenders were fretting about Amazon rolling out a major home loan program? The new acronym that the mortgage industry was about to start using was “WACD” (What Amazon Can’t Do). We reminded ourselves that Amazon couldn’t do is to deliver high value and personalized service and build relationships that last a lifetime. Play to your strengths! One strength is keeping up with what is going on, especially in the regulatory world. Today’s L1 show at 2PM ET features Kathy Kraninger, former director of the Consumer Financial Protection Bureau from 2018 to 2021, now CEO of the Florida Bankers Association, with a “behind the scenes” look at being the CFPB director and setting clear “rules of the road.” Next week Rich Swerbinsky returns to the airwaves on Thursday the 18th at 3PM ET, interviewing the CFPB’s Mark McArdle on what the big misconceptions about the CFPB are, and where its focus is currently. (Found her ....

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AE, Ops Jobs; Anti-Fraud, CRM, Audit Products; Wholesale News... Lawsuit Ahead?

The other night, at the Bruce Springsteen concert in San Francisco (it was great), he did a crowd favorite, singing, “Baby I got my facts learned real good right now, you better get it straight darling: Poor man wanna be rich, rich man wanna be king, and a king ain't satisfied till he rules everything…” If you want to read a story with words like bullying, harassment, smear, empire, disgusting, and other similar “lyrics,” you can read this tale about Rocket’s Dan Gilbert and UWM’s Mat Ishbia. Not only that, but suddenly everyone is talking about some company called Hunterbrook, not only being tied into a hedge company (which, in theory, can short a stock, publish a negative story later, watch the stock go down, and then cover their shorts and make money) but putting a link into an expletive deleted-filled voice mail from Mat Ishbia to Anthony Casa. As the world turns… more below! Meanwhile, there are constructive things, l ....

San Francisco , United States , Carl Markman , Taylor Stork , Bob Broeksmit , Chris Maloney , Tom Gallucci , Paulina Mcgrath , Richard Grieser , Donell Mcmullen , Nicki Kirk , Moe Latif , Brian Vieaux , Matt Levine , Dustin Hobbs , Logan Paul Jones , Steve Majerus , Anthony Casa , Greg Sher , Bruce Springsteen , John Baile , Dan Gilbert , Board For Community Mortgage Lenders Of America , Community Home Lenders Of America , Business Development , Fifth Third Bank ,

AI Automation, Servicing, Pre-Approval, DPA, Non-QM Products; Training and Webinars

Every month we receive statistics showing how prices are going up, or down, and our Federal Reserve is continually mentioning controlling inflation which in turns helps mortgage rates. Inflation has finally impacted birthday celebrations. “Steakhouses Are In. Steak Is Out: Many customers are looking for a splashy night out with less red meat and lower prices.” I like chicken, so I received some good news. (Gallus domesticus fans may want to visit Prince’s south of Nashville.) The price of chicken is poised to fall considerably, helping inflation and in turn, in a small way, mortgage rates, as a glut of feed hits the market. Feed costs are about 60 percent of the expenses of raising birds, and the rising need for biofuels, like that made from soybeans, means that there is poised to be much cheaper feed on the market. A byproduct of making soybean oil from soybeans is soymeal, which is used as chicken feed. The levels of soymeal produced in the U.S. is expected to on ....

United States , Cleveland Mester , Jillian White , Nora Guerra , Anjelica Nixt , Skylar Olsen , Freddie Mac , Shane Erskine , Maureen Sweeney , Curino John Sayre , Melissa Tran , Jonathan Spinetto , David Bunton , James Hecht , Melissab Smith , Janelle Lindseth , Peter Sandler , Richard Grieser , Tim Dowling , Minneapoli Kashkari , Real Estate Appraiser Ltd , Financial Institutions Examination Council , Family Of Companies , Eastern Division , Liberty Home Mortgage Corp , Us Department Of Housing ,

Vendor and Lender Tools; Agency News; 2023: Hottest Year on Record

Is it just my imagination or do restaurants no longer have salt and pepper shakers on the tables after COVID? Is it just my imagination or do organizations with initials that begin with “N” have trouble keeping their leadership? In August of 2023 the chief of NAR resigned, last week it was the NRA, and this week it is NAR’s turn again, this time losing Tracy Kasper to blackmail! Meanwhile, keeping on with real estate news, and realizing that anyone can sue anyone, news came out after Christmas that Zillow, which also owns Zillow Home Loans, is suing rivals over software that schedules property showings.  Agency news Freddie Mac (FHLMC) and Fannie Mae (FNMA) still have the lion’s share of the applications coming through lenders. What’s going on with their conventional conforming products? Fannie Mae SVC-2023-06 December Servicing Guide update advises large non-depository sellers/servicers of updates to the frequency of financial ....

United States , Shasta County , Fannie Mae , Peter Sandler , Jerry Mccoy , Wood Dragon , Chris Sabbe , Orleans Jan , Richard Plummer , Tracy Kasper , Tani Lawrence , Freddie Mac , Business Development , Bank Statement , Union Pacific , Zillow Home Loans , Servicing Guide , Uniform Loan Delivery Dataset , December Appraiser Quality Monitoring , Rental Income , Self Employed Borrowers , Home Mortgage Announcement , Amerihome Mortgage Disaster Announcement , Business Optimism Index , Fed Vice Chair , New Year ,

Why investors are choosing Pepper Money

Why investors are choosing Pepper Money
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