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MLO Jobs; Non-QM, Jumbo, Audit, Fulfillment, Servicing Risk, Trailing Doc Products


MLO Jobs; Non-QM, Jumbo, Audit, Fulfillment, Servicing Risk, Trailing Doc Products
May 25 2021, 8:16AM
Are you ready for a real-live holiday on Monday? With millions more Americans vaccinated since the last holiday, and the end-of-May weather, it’s a safe bet people have changed and won’t spend the weekend working like they did during 2020’s Memorial Day. The market for initial public offerings (IPOs), including lenders and vendors, has also changed and has slowed. What has also changed, but hasn’t slowed, is the price of air travel: Domestic fares at U.S. airlines are up 9 percent since April 1, with international fares up 17 percent as demand has increased as Americans are being vaccinated. While business travel is believed to be rather slow in rebounding, Southwest Airlines is reporting that leisure travel fares are returning to 2019 levels. Speaking of which, today’s audio version of the commentary is available here, this week’s ....

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Ops. Mgt., MLO Jobs; Renovation, Docs, Retention Non-QM Training Tools; Product Updates


Ops. Mgt., MLO Jobs; Renovation, Docs, Retention Non-QM Training Tools; Product Updates
May 11 2021, 8:22AM
The real estate and lending industries operate in a world filled with laws, lawsuits, and regulators. (The latest example is REX’s suit against Zillow and the National Association of Realtors – NAR - over the real estate segregation rule, which puts the interests of legacy real estate brokers before consumers.) Does this clip remind you of your Direct to Consumer Department? Hope not. And I hope that it’s not your Customer Complaint Department either. Here is something every compliance department should read: a National Law Review article pointing out the CFPB’s current thoughts on lending and servicing during the pandemic. Compliance departments are certainly aware of how compensation is paid to AEs and LOs. After analyzing data from its CompenSafe™ ICM platform, LBA Ware’s Q1 2021 comp report showed a slight decrease in basis ....

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HousingWire's Inaugural 2021 Finance Leaders Award honors Mid America Mortgage CFO Michael Kennemer


ADDISON, Texas /Massachusetts Newswire – National News/ Mid America Mortgage, Inc. (Mid America) announced today that its Chief Financial Officer (CFO) Michael Kennemer has been named to HousingWire’s inaugural 2021 Finance Leaders awards, recognizing the top finance executives driving financial performance, expanding margins, improving liquidity and helping their businesses access capital markets.
“The last twelve months have been one of the most tumultuous and action-packed periods in the history of housing finance. It’s incredibly notable that the organizations that had their financial strategy in order prevailed and were able to benefit from housing and capital marketing dynamics in a big way,” said Clayton Collins, CEO of HW Media. “We launched the HousingWire Finance Leaders award to recognize the CFOs and senior finance executives who enabled growth, led IPOs and fundraising initiatives and helped their companies capture market share.” ....

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