Page 5 - Hal Sims News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ops, Branch Manager, LO Jobs; CFO Role Wanted; First American Rebrand; Rural, FHA, VA Program Changes
Dec 18 2020, 8:18AM
I don’t know what’s longer, a “regular” minute, “microwave” minute, or a “treadmill” minute. Speaking of time, if someone sends you an email saying, “The noon meeting has been moved forward two hours,” how do you read that, 10AM to 2PM? The answer shows which of these two ways you perceive time. Time perception really does matter: Some parts of 2020 dragged, some not. If a borrower is buying a home, a survey by Spruce tells us what every MLO knows: According to Ellie Mae s Origination Insight Report, loans are taking an average of 54 days to process, and homebuyers who are frustrated with the time to close are open to tech solutions. Time can also not be your friend if you’re a renter waiting to buy a home. Generally speaking, given interest rates, monthly payments from owners are less than rent payments ....

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