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NFM CIO Christos Bettios on building AI solutions from scratch

How the buyer commission lawsuits could upend the relationship between agents and LOs

If buyer brokers/agents are no longer involved in most real estate transactions, LOs who rely on agent referrals for transactions would have a smaller target group to focus on. Some LOs are already planning to reach consumers directly.

2008 & 2018 lenders: ghosts in the machine; warehouse, pre-approval, DPA, manufactured housing, marketing products

“If you have no interest in banking, you are not a loan.” (Best said out loud to a 6th grader.) Cutting edge humor aside, this morning I head to Orlando for the FAMP event, in a state where there are a total of 186 banks operating with 4162 branches. Some of the conversation will be about Freddie Mac earning $2.9 billion in the 2nd quarter (how’d your company do?). Banks… Last Friday we saw something we haven’t seen for a while: a bank closure. “Heartland Tri-State Bank of Elkhart, Kansas, was closed by the Kansas Office of the State Bank Commissioner, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver… the FDIC entered into a purchase and assumption agreement with Dream First Bank, National Association, of Syracuse, Kansas…” While we’re on Agency and government news, the Federal Reserve's quarterly Senior Loan Officer Opinion Survey found that banks have tightened credit standards f

Art Beat: Sketching exhibit, Pride Paint in the Park, Summer Wine Walks, and two calls for art

Sponsor spotlight: Sip, shop, socialize and support at the Edmonds Summer Wine Walks