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Transcripts For BBCNEWS BBC Newsroom Live 20170510

Of birds underneath the 840 motorway in buckinghamshire. Fifa has announced it is investigating paul pogbas £89 million transfer from juventus to Manchester United last summer. Good morning. Its wednesday, 10th may. Im joanna gosling. Welcome to bbc Newsroom Live. We start with Breaking News that the Crown Prosecution Service has said no concept of politicians or official would be charged with breaking rules on Election Campaign spending in 2015. The cbs have been considering file sent by the police for nearly 30 constituencies. The party has insisted administrative errors were to blame for any spending which was incorrectly declared. We have a statement through from the head of special crime at the Crown Prosecution Service. It says, we are files of evidence from 14 Police Forces in respect of allegations relating to conservative Party Candidate expenditure during the 2015th general Election Campaign. We considered whether candidates and election agents working in constituencies that

Doc Uploading, Correspondent, HELOC, Fraud Prevention Tools; Radian/FinLocker Deal; Secondary Marketing Primer

Our Federal Reserve doesn’t control events around the world, like a ship being stuck in the Suez Canal, or the current Red Sea geopolitical aggression, or China raising chip prices, or OPEC raising gasoline prices, or… or… or. So, consumer and producer prices are always a bit of a wild card. Since they influence the Federal Reserve’s actions, and therefore, in turn, mortgage rates, inflation has certainly been in the news for some years now. (There’s even a joke about inflation at the bottom.) The Consumer Price Index (CPI) is designed to broadly capture changes in the prices of goods and services purchased by U.S. consumers. The largest component is housing, with a weight of 45 percent. Next is transportation at 17 percent, then food and beverages at 14 percent, medical care at 8 percent, education and communication are 6 percent, recreation is 5 percent, other goods and services 3 percent, and then apparel at 2.6 percent. (Today’s podcast can

Hedging, TPO Marketing, AI Underwriting, Encompass Tools; FHA and USDA News; STRATMOR on Lessons Learned

While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, the CLL will probably increase around 6 percent for 2024 to around $770,000, and to $1,155,000 for high cost areas), both vendors and lenders continue with changes, instituting workweek reductions, furloughs, pay cuts, and layoffs due to overcapacity… Much different than a couple years ago when those same companies couldn’t hire people fast enough. Things rarely stay the same forever, whether it is in mortgage banking, shipping, or population. For example, there’s this: “Amazon Takes the Delivery Throne From UPS and FedEx.” Is Texas losing population? No, but here’s yet another example of a sensationalist headline that would make you think so: “People are leaving Texas over rising costs, partisan politics, and a sense of disenchantment.” Paging down a bit shows, “Over 494,000

Hedging, Non-QM, Credit Verification, Digital Tools; Conventional/Conforming news; Fair Lending Interview

You should know that caffeine increases the power of aspirin and other painkillers, which is why it is found in some medicines. You should also know the “50-50-90 rule”, which definitely applies to me: Anytime you have a 50-50 chance of getting something right, there's a 90 percent probability you'll get it wrong. Cute sayings aside, one thing you don’t want to be wrong on is Fair Lending, and every lender, and their employees, should know the rules and regulations surrounding it, and know that its enforcement is a priority of the Consumer Finance Protection Bureau and is often mentioned in its Supervisory Highlights. In today’s “Mortgage Matters” presented by Lenders One (at 2PM ET, 11AM PT) attorney Brian Levy addresses Fair Lending, as well as the NAR verdict and other “hot” legal and compliance topics. Today’s podcast can be found here, and this week is sponsored by nCino makers of the nCino Mortgage Sui

Correspondent, Broker, Liquidity Mgt , Marketing, AOT Products; Training and Webinars; Foreign Investment in U S Drops

“My mother used to say that the way to a man’s heart is through his stomach. Wonderful woman, lousy surgeon.” There is some great food in various parts of the nation, and today I will head from Dallas, TX to Jackson, MS, for the Mississippi MBA annual conference. Dallas is certainly home to its share of real estate owned by people outside of the country. But it turns out that annual foreign investment in U.S. existing-home sales declined 9.6 percent to $53.3 billion over the past year and the number of existing homes bought by international buyers declined to 84.6k, the fewest since 2009 and down 14.2 percent from the prior year. The average ($639k) and median ($396k) purchase prices for international buyers were the highest ever recorded by NAR. For those who like lists, China, Mexico, Canada, India, and Colombia were the top five countries of origin by number of U.S. existing homes purchased. The top U.S. destinations for foreign buyers were Florida (23 percent),

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