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Samuel Bjelac Returns To Lead Carrington Mortgage Services' Third-Party Origination Lending Teams

Samuel Bjelac Returns To Lead Carrington Mortgage Services' Third-Party Origination Lending Teams
nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.

Greg Austin , Samuel Bjelac , Carrington Mortgage Service , Carrington Mortgage Services , California Based Carrington Mortgage Services , Sprout Mortgage , Corevest Finance ,

Industry Vet Returns to Carrington to Lead TPO Lending Team

Industry Vet Returns to Carrington to Lead TPO Lending Team
themreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themreport.com Daily Mail and Mail on Sunday newspapers.

Samuel Bjelac , Greg Austin , Party Origination , Carrington Mortgage Services , National Sales At Sprout Mortgage , Carrington Mortgage Services Wholesale Lending , National Sales , Third Party Origination , Sprout Mortgage , Corevest Finance , Correspondent Sales ,

Scalability, Insurance, Digital, Servicing, DPA Products; Events, Training, and Webinars

“I dance like people wish they weren't watching.” Someone sure is watching, and counting, empty houses. Lack of available housing inventory has helped keep housing costs high throughout many of the nation’s big cities, but nearly 5.5 million homes sit vacant across the nation’s 50 largest metropolitan areas. The average vacancy rate across these 50 metros is 7.22 percent, with New Orleans (13.9 percent), Miami (12.7 percent), and Tampa (12.2 percent) having the highest vacancy rates. Vacancy rates are lowest in Minneapolis, Austin, and Washington, D.C., the only metros in the study with vacancy rates below 5 percent. Just because an area has a high vacancy rate doesn’t necessarily mean that there’s something wrong with its housing market. Roughly one-quarter of vacancies are due to being empty for rent, one-fifth because they're only used part time, and one-twelfth because they're being repaired or renovated. (Today ....

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DSCR, HELOC, Automation, Outsourcing, Processing Products; Disaster Updates; Mortgage Apps Drop for 4th Consecutive Week

If I am not borrowing money, the impact of higher rates isn’t a big direct hit to my lifestyle or spending. But if I had a credit card from Kohl’s, paying 30 percent would sure dissuade me from buying something and putting it on “layaway.” Lowe’s? 28.99 percent. Nordstrom’s is over 31 percent! With credit card debt moving about $1 trillion for the first time ever, something has to slow down, right? Today I head to Las Vegas, forecast 103 degrees, and I have already been fielding emails about lenders are selling servicing, busy further cutting costs, or making sure they collect money that is due them (like appraisal fees, as noted in this STRATMOR piece). Some companies are looking to acquire or be acquired. Mergers and acquisitions don’t only happen with lenders. For example, yesterday, in the compliance consulting biz, Firstline Compliance announced that Mark Wilson, Managing Partner, and Dustin Pfluger, Partner and Mortgage Banking Pra ....

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TPO, Accounting Outsourcing, Processing, DPA Tools; Upcoming Training, Webinars, and Events

Did you know that cows snooze laying down for the four hours of sleep they need a day? Did you know that horses sleep standing up? These tidbits may come in handy for me this week as I head to Cody, Wyoming for the WMLA annual conference. Or they may not. Here’s a question not so trivial: what has 250,000 customers and a $37 billion unpaid principal balance? Answer: Rushmore Loan Management Services’ residential mortgage servicing platform, being sold to Mr. Cooper Group this year. Recall that Mr. Cooper agreed to acquire Roosevelt Management Company, LLC, Rushmore's parent company, to serve as the platform for its mortgage servicing rights fund asset management strategy. Lenders of all shapes and sizes have been selling their MSRs for various reasons, not the least of which is to raise cash in tough times, and it appears that “tough” times will be with our industry for a while. For many lenders, servicing is the only asset worth anything. Depository ....

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