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Co-Issue, MERS Audit Products; Retirement, Wholesaler Lawsuit, MBA and CFPB Requesting Info

Co-Issue, MERS Audit Products; Retirement, Wholesaler Lawsuit, MBA and CFPB Requesting Info
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

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Hedging, TPO, ROV, Fee Collection Tools; STRATMOR on Bank Strengths; Training and Webinars

Hedging, TPO, ROV, Fee Collection Tools; STRATMOR on Bank Strengths; Training and Webinars
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

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Margin Mgt., LOS, Correspondent, AI Products; Fed Strategy and Goals; Remembering Dave Stevens

Then VP Al Gore supposedly said, "It isn't pollution that's harming the environment. It's the impurities in our air and water that are doing it." Here in San Diego (current low temperatures in the high 40s), residents are very pleased about a new wastewater treatment plant being built south of the border, since SD has suffered beach closures for years due to effluent flowing north. Effluent aside, much of the mortgage talk here is about repurchases and early pay off penalties, as well as how independent mortgage banks (IMBs) have not been retaining servicing but instead have not only been selling everything servicing released to the usual correspondent suspects, but also selling the servicing they had retained during 2020 and 2021 in order to cover their origination costs. The lack of inventory is an issue, of course. Speaking of which, up north, between San Francisco and Lake Tahoe to the east, along Highway 80, 20,000 homes for 50,000 people

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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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