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Processing Analysis, Subservicing, Pre-Qual Products; Webinars and Training

A friend of mine who lives in her own unit in a mobile home park was telling me that her rent is about to go up by a huge amount, and said that, “That Fannie Mae and Freddie Mac are behind it.” Correct or not, Freddie Mac and Fannie Mae don’t need this kind of publicity and the public to have that impression, but sure enough, a quick news search turns up: “'Trapped': How Federally Backed Financing is Making Mobile Homes Less Affordable.” The world has always had its population broken down in different classes. The average income for middle-class Americans has risen from $74,000 in 2010 to $90,000 today. But to have the same effective income as $74,000 in 2010, you’d need to make roughly $101,000 in 2022. Going back in our nation’s history, privates who were paid in the Continental army earned about $6.70 a month. I mention this because today, in New England, is Patriot’s Day. The Boston Red Sox play a home game at ....

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Sales, QC, Verification, Benchmarking Tools; FEMA and Disaster Updates Continue

I just looked at the balance of my checking account: $LMAO.00. Here’s a tip of the day to keep your bank account from going to $0 with this non-mortgage information from the FBI: Don't use free public phone charging stations in airports, hotels, and shopping centers. And be careful any time you receive a phone call from a supposed law enforcement official. For some mortgage information, Curinos calculated that March 2023 funded mortgage volume decreased 53 percent YoY and increased 46 percent MoM. The average 30-year conforming retail funded rate in March was 6.36 percent, 19bps higher than February and 238bps higher than the same month last year. (Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures, and the data is examined further here.) Today’s podcast can be found here and is sponsored by SimpleNexus, an nCino company and award-winning developer of mobile-first technology for the modern mortgage lender. ....

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Broken Axle opens at Appalachian Outpost

Broken Axle opens at Appalachian Outpost
williamsondailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from williamsondailynews.com Daily Mail and Mail on Sunday newspapers.

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Broken Axle opens at Appalachian Outpost

LYBURN â With just over one month in business, a new Logan County restaurant with 20 craft beers on tap has been a hit with local residents.
Located in the space once occupied by Shoe Show at the old Rita Mall at Lyburn, The Broken Axle is one of the first of several planned businesses to open as part of the Appalachian Outpost, a development that has repurposed the old mall location.
The Broken Axle is owned by Leah Vance and Fuji Williams, who have a 3-year-old son together named Aksel, hence the name of their business. Vance, a photographer and the daughter of Appalachian Outpost owner and incoming Logan County Commissioner Diana Barnette, is no stranger to business. ....

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