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Fee Collection, Subservicing, Processing, Sales Tools; Events and Webinars Through June

The last pay phone was removed from New York City yesterday. (Heck, growing up I financed my baseball card purchases by looking for loose change in those and newspaper vending machines.) Communication is certainly always changing, and successful loan officers and managers are adept at knowing the best way to communicate with others. Communication aside, loan officers have a lot on their plates. On a micro level, every loan is a hard deal, and LOs are focused on providing the best program for their client at a competitive rate. (Today MortgagePros411’s Audrey B. and Kevin C. – both LOs - and I have, for lack of a better term, a freewheeling conversation today at 2PM ET about what is happening in the mortgage biz and what loan officers are seeing.) Senior management is working on making sure their origination staff has software to help LOs do their job, or products that LOs were too busy in the last couple years to attend training on and are now saying, “Huh? We have ....

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TPO, Cap. Mkts. Products; Upcoming Events and Training; Mortgage Applications Plummet

Happy 420 Day. (Tomorrow, by the way, is Happy Surprise Drug Test Day.) Another day, another layoff story from Better.com. The human tragedy in Ukraine continues, but the world financial markets seem to be concentrated on the mounting inflation numbers. Our Federal Reserve is viewed as playing catch up, and we are reminded of its mandate of “maximum employment, stable prices, and moderate long-term interest rates.” Here in Atlanta, in the MBA and STRATMOR Peer Group Roundtable meetings, much of the conversation revolves around bank and non-bank lending. Banks and credit unions are interested in shifting to HELOCs, construction lending issues, and more portfolio lending due to excess cash and deposits, all the while trying to keep trained staff on board. For independent mortgage bankers, the attention is on reducing costs, adjusting staff levels, and how to work preapprovals and enable cash buyers. Indeed, IMBs need to hunker down to outlast their competitors. The human el ....

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The Drawdown Festival Focuses on Regenerating Earth and Reversing Climate Devastation

Join Carbon CREW Project, Drawdown East End, Damon Gameau, and Southampton Arts Center for an array of virtual talks, workshops, and films on ways that we can participate in “regenerating” our earth and reversing climate devastation.Project Drawdown’s mission is to help the world reach “drawdown” - the point in the future when levels of greenhouse gases in the atmosphere stop climbing and start to steadily decline, thereby stopping catastrophic climate change - as quickly, safely, and equitably as possible. Together, we can accelerate Drawdown climate solutions in our communities. ....

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Alterra Home Loans Names New President

Alterra Home Loans Names New President
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