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MISMO Seeks Comment On Servicing Transfer Catalog

MISMO Seeks Comment On Servicing Transfer Catalog
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Jan Davis , Servicing Transfers Development Workgroup , Mortgage Industry Standards Maintenance Organization , Transfer Catalog , Transfers Development Workgroup , Property Rights Policy ,

MISMO seeks public comment on new servicing transfer catalog

MISMO is seeking public comment on the new MSTC, which was created through a collaboration of the Servicing Transfers Development Workgroup. ....

Jan Davis , Mortgage Industry Standards Maintenance Organization , Servicing Transfers Development Workgroup , Transfer Catalog , Transfers Development Workgroup ,

Credit, PPE, Non-QM, LO Sales Training Products; Training and Events Nationwide

Nature “always bats last.” Terrible flooding in Pakistan, flooding in Mississippi impacting its drinking water supplies. Severe temperatures in China, a hot summer in the Western U.S. Fortunately, this year’s hurricane season in the U.S has been tepid, so far, and fires in the West have been limited. Certainly, storms can impact borrowers and lenders, as can documentation problems or appraisal delays. What percent of your clients don’t close on time? In retail news, if you're a Chase customer buying a new home or an investment property, you may be eligible for the Chase Closing Guarantee. “We promise an on-time closing in as soon as three weeks or you'll get $5,000.” As summer winds down, in many second home areas like Florida, concerns in places include investment property and 2nd home price adjustments. Of course, it is not in Freddie or Fannie’s charter to help 2nd home or investment property financing as the focus is ....

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Marketing, Origination, DSCR, All-Cash Programs; September Events, Training, and Webinars

Lenders continue to adapt, and LOs are adding value by being subject matter experts and marketing accordingly. (For example, today’s podcast features an interview with Bob Griffith, General Manager of Home Services at Houwzer, on using a client’s 401k to help finance a house.) Marketing is a fickle mistress. Ever “opt out” of receiving ads? The people that advertisers most want to target are hiding from the advertisers (thank you to Carla M. for sending that in). The implications to marketing efforts for any lender or vendor are clear. The implications of falling volume, margins, and revenue are clear as well: they’re leaving plans for 2022 in a shambles for most lenders and vendors. Every lender and originator know that 2020 and 2021 were not forecast to be record-breaking origination years, but they were. And if 2022 weighs in at $2 trillion in residential fundings, it will be a top 10 year. But still, volumes being down 50 percent from a year ago c ....

United States , Matt Graham , Bob Griffith , Carl Wooloff , Michael Fanning , Doug Duncan , Cleveland Browns , Robert Bigman , Tricia Migliazzo , Mortgage Technology , Community Lending Program , Us Central Intelligence Agency , Chase Community Lending Program , Servicing Transfers Development Workgroup , Broker Services , Home Services At Houwzer , Assurance Financial Group , National Mi University , Devon Risk Advisory Group , Fraud Prevention Forum , Your Organization Credit Culture , Mortgage Industry Standards Maintenance Organization , National Mi University Winning Business , Intercontinental Exchange Inc , General Manager , Home Services ,