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Mortgage Firm OriginPoint Appoints New Divisional Managers

The four new leaders will oversee sales across the country for the firm, a joint venture between Guaranteed Rate and Compass. ....

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MSR Monitoring, Marketing, Lead Conversion Tools; USMI on the FHA MIP Cut

Remember, not all math puns are terrible.just sum. Analyzing residential servicing is a combination of math and psychology. If you were an institution thinking of buying mortgage servicing rights (MSR), or a lender running the numbers on retaining servicing rather than selling it to an aggregator like AmeriHome or Penny Mac, you don’t like hearing the saying, “Marry the house, date the rate.” You’d prefer that the loan stay “on your books” well into the future because you want the monthly cash flow. In 2020 and 2021 origination income was dominant. But in 2022 servicing income won the day for those who owned it. What will happen to servicing in 2023? No one has a crystal ball, but if rates stay in the 5’s or 6’s, loans funded in 2020 and 2021 still stick. Prepayments have plummeted: no one wants to pay off their 2.875 percent loan. Of course, there are numerous parties slicing and dicing the numbers. For example, Black Knight ....

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New app and fitness kit help athletes stay 'surf ready,' even when on the go

Paul Norris, who operates Surf Ready Fitness in Costa Mesa, has launched an app and equipment bundle for his clients. ....

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The Crowd: More than $400,000 raised for Make-A-Wish fundraiser held at Bowers Museum

The Crowd: More than $400,000 raised for Make-A-Wish fundraiser held at Bowers Museum
latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.

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