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SWDFNL grand final wrap: Dartmoor wins first ever A grade netball premiership | The Standard standard.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standard.net.au Daily Mail and Mail on Sunday newspapers.
Plenty of capital markets folks, senior management, and the usual cadre of vendors are here in Manhattan, doing the macarena until 2AM. Okay, just kidding. They’re actually talking about some pretty serious stuff. For example, MCT writes, “We are seeing, from our clients, that current market roll costs and the ultimate effects on execution are the biggest concerns for secondary marketing heads,” and is spelled out in this MCT article. Trying to wring every basis point out of a loan or servicing sale is another topic. Small steps by Freddie Mac and Fannie Mae are having some positive impacts while they continue to manage credit risk and use pricing as a tool to guide business. Agency shifts will continue, and some of the talk includes policies about including rental payments in the credit decision, helping the “green” channel with policies regarding solar panels, affordable housing programs, protecting borrower information, and the impact of climate ch ....
“Rob, my capital markets gal eliminated our ability to lock overnight at yesterday’s rates. I think that she’s being unreasonable. Your thoughts?” No, she’s not. Overnight lock protection is one of the first things to go in a volatile rate environment, especially when developments in Ukraine, seven hours ahead of New York, contribute to our rate movement. Besides, who needs to lock loans at 3AM? It is tough enough to preserve pricing margins as it is. As packages of mortgage servicing rights continue to be sold by companies looking to raise cash, do you think it’s hard to make money doing mortgages these days? Try music. I was recently chatting with a musician in Nashville who told me that they earn .003 per stream on YouTube. There are varying deal structures, of course, but for someone just starting out this equates to $30 for 10,000 streams. Yikes. I hope that Bruce Willis, and his family, made some money as they’ve been selling off $ ....
Ops, MLO, AE Jobs; Servicing, Dashboard, FHA Pricing, VOA Products; Agency Shifts Continue; Events This Week mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.