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MLO Jobs; Risk Reduction Products; Marketing, Workflow Tools; JP's Earnings, and the MBA's Take on 2020's Profits


MLO Jobs; Risk Reduction Products; Marketing, Workflow Tools; JP s Earnings, and the MBA s Take on 2020 s Profits
Apr 14 2021, 8:08AM
I wear a stethoscope so that in a medical emergency I can teach people a valuable lesson about assumptions.” People shouldn’t assume that all offices are made equal. People in our biz shouldn’t assume that “all lenders are the same.” Jim Cameron from the STRATMOR Group has noticed a difference between depository banks and independent mortgage banks. Namely, banks are not only awash in cash, which will help them with HELOCs and other portfolio products, but appear to have larger pipelines heading into this slowdown in volume/reduction in margin. IMB’s mindsets are on cutting overtime, watching expenses. One CEO even told me about a small “RIF” (reduction in force) for his company in the coming weeks. Even though the pandemic is still in the headlines, 2020 performance is in the rearview mirror, whi ....

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New Tools Offer Exclusive Look into Financial Institutions' Commercial Digital Platforms


New Tools Offer Exclusive Look into Financial Institutions Commercial Digital Platforms
Informa Brings Banks Out of Dark with Industry Analysis and View of Competitors Digital Features
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NEW YORK, April 13, 2021 /PRNewswire/  FBX, an Informa Financial Intelligence company, has expanded its services to offer financial institutions unprecedented access to real digital treasury journeys with behind-the-login views and strategic analysis of competitors commercial digital platforms.
For more information on the new commercial banking subscription, visit https://bit.ly/dbh-commercial.
The Financial Benchmarking & Omnichannel Experience (FBX) division now allows banks to view four key areas of digital treasury experiences, including: ....

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MLO Jobs; Customer Support, Servicing Products; Upcoming Webinars Cover Everything From Origination to Servicing


MLO Jobs; Customer Support, Servicing Products; Upcoming Webinars Cover Everything From Origination to Servicing
Apr 12 2021, 8:14AM
I received this over the weekend: “I just want to make enough money to live a life that doesn t include Microsoft Teams in my work life.” Many people in residential lending began their careers before Teams even existed, and I love it when I am listening to someone in their 60s or 70s talking about a lack of people in their 20s and 30s entering our biz. One could make the argument that people in their 60s or 70s are holding onto jobs that someone in their 30s wants or would be better at. But experience is important. Speaking of time and money, recall that it has already been four years since one of the biggest effects of the financial crisis rolling off: Those who had short sales and foreclosures in 2009-2010 reached the end of the 7 year no-mortgage period and became eligible to borrow again, in time for this h ....

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