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Top News In Partners Credit Today - Breaking & Trending Today

Subservicer Oversight, Automated Marketing, Hedging, Non-Agency, QC Tools; Credit Companies Feeling the Squeeze

Takeover and M&amp;A rumors continue to swirl, and smarter companies are merely hiring production staff away from lenders rather than pay the baggage that may be associated with the target while some are selling servicing to help strategically or with cash flow. The MBA reports that our biz originated $4.1 trillion in 2020 and $4.4 trillion in 2021. 2022 is down from those numbers, and 2023 is expected to be $1.5-$2ish trillion, depending on who you ask, certainly less than half of 2021. It impacts everyone, but certainly with credit fees shooting up, credit reporting agencies (CRAs) are feeling the pressure and are being scrutinized by every lender. (See below for a full write up.) Want something else to worry about? Forgetting CRA feels and expensive mortgage leakage for a moment, how about the oil spill in Kansas that isn’t necessarily in the national press but will take years to clean up and cost billions? The Keystone pipeline has dumped an estimated 588,000 gallons ....

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Investegate |Riverstone Credit Announcements | Riverstone Credit: Statement re Closing of Revolving Credit Facility

Investegate announcements from Riverstone Credit, Statement re Closing of Revolving Credit Facility ....

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MLO Jobs; Subservicing Notarization, Sales Tools; Opting out of Trigger Leads; Election Day

This morning I head from Chicago to Atlanta, with a corresponding change in temperatures (20 degrees) and snow readiness (even the Chicago garbage trucks can be outfitted with plows; an inch of snow in Atlanta can paralyze the city for a day). “Don’t knock the weather. If it didn’t change once in a while, nine tenths of the people couldn’t start a conversation.” Whether or not an individual believes in manmade, or natural, climate change, is immaterial. If investors in mortgage-backed securities, or insurance companies, do, and it impacts borrower pricing, or your ability to obtain insurance in places like Florida or California, then it matters. U.N. climate talks in Egypt, known as COP27, are underway this week, with many of the parties looking for concrete pledges to combat the damaging effects of climate change. "Moving from negotiations and pledges to an era of implementation is a priority," said COP27 President Sameh Shoukry. Go ....

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Jennifer Breuer wins KENS 5 EXCEL Award for Boerne ISD

Her judgement-free zone extends far beyond the track at Boerne Champion High School. ....

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Form 4 A10 Networks, Inc. For: Jun 24 Filed by: SUMMIT PARTNERS GE VIII, L.P.

Form 4 A10 Networks, Inc. For: Jun 24 Filed by: SUMMIT PARTNERS GE VIII, L.P.
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